Bohemia, NY (PRWEB) March 11, 2013
On March 11, award-winning online marketing firm fishbat, Inc. reviews the growth of LinkedIn and suggests that younger professionals utilize LinkedIn for career development.
According to the The Wall Street Journal, LinkedIn's page views for the recent quarter rose 67 percent compared to a year earlier, which was “the company's highest growth rate in 2012. Data from comScore shows that LinkedIn has bounced between 40 million and 43 million U.S. unique visitors since August.”
The Wall Street Journal reported that “LinkedIn released several content-related products last year, such as an updated home page and news feed and a new publishing platform for "influencers" like Virgin Group's Richard Branson, all geared toward keeping users on its site. LinkedIn said it has rolled out more significant changes to its site in the last two quarters than the six previous quarters combined.”
“LinkedIn is the new classified section of social media,” comments fishbat CFO John Monderine. “LinkedIn used to be for professionals looking to network. Now, more college graduates are signing up to gain networking experience. LinkedIn’s not just for old people anymore.”
The Wall Street Journal reports that LinkedIn has reported revenues that exceeded expectations for seven consecutive quarters, “with an 81% revenue increase to $303.6 million.” According to the article, the company's revenue growth is still surpassing that of other industry giants like Facebook, Zynga and Groupon – all of whose shares “tanked after their rocky stock-market debuts,” while LinkedIn stock is “still soaring, closing at an all-time high of $168.55.”
“I see LinkedIn keeping a steady growth over the next few years,” adds Monderine. “LinkedIn is a professional hunting ground for talented professionals hot out of college. There is no recruiting site or headhunter more qualified than LinkedIn.”
fishbat, Inc. is a full service online marketing firm. Through social media management, search engine optimization (SEO), web design, and public relations, fishbat strives as a marketing firm to raise awareness about your brand and strengthen your corporate image.