Bloggerwave Inc. ("Bloggerwave") (OTCBB: BLGW), a global leader in commercial blogging, today declared that The Nielsen Company's recently released report on social media use has huge implications for Bloggerwave, its shareholders and clients, and Internet users worldwide. According to the report, published on NielsenWire on January 22, 2010, time spent on social networking sites has increased from 3 hours per month to 5.5 hours per month in the last year alone, representing a staggering 82% increase in the use of social media.
The global media forecasting company also reported that people spend the most Internet time overall on social networks and blogs, and that social web sites such as Facebook are now the most common homepages for users.
"This Nielsen report establishes social media as a trend that is not only here to stay, but one that is growing at a mind-boggling magnitude," stated Bloggerwave Director Ulrik Thomsen. "The findings more than validate Bloggerwave's business model of leveraging social media for marketing opportunities -- a business model I am proud to admit we developed years ahead of the trend."
"This independent data offers further proof to our current and future clients that Social Media Optimization ("SMO") through Bloggerwave is not only a worthy investment, but a necessary one. All of their consumers are on blogs on a daily basis; businesses have no choice but to access customers via this medium, and Bloggerwave will continue to help them to do so, as the Company, its services, and the global SMO trend all continue to grow," said Thomsen.