Building your own social network is profitable and relatively cheap, but it is not easy. You need a substantial budget and to invest a lot of time and energy to the creation of the site. You should also offer value to attract members. You can attract people to your social network site by having a theme and a goal, by listening to the target audience, by involving the members in such things as the creation of applications and games, and by having an attractive site.
There are several software that you can use develop your own social network site - some of them are free of charge. This will vary depending on how you wish to create the site, but you should not be fooled that it will be cheap. The cost of the hosting plan will depends on the size of your community and it will cost you anywhere from 5 USD, the plug in scrip that covers uploads and downloads will cost you anything from 250 USD, and the logo and other graphics will cost you 50 USD onwards. Once you are established, they will come to you even without advertising.
You can set up a social networking site to build link popularity. One of the most widely used software for social network site development is Ning, which is Chinese for peace. With your own social networking site, you can have natural links that link back to your website. Note that it will take you a lot of time and effort to do the coding yourself if you have no prior coding experience. A3
You can start a social networking site to interact with the public and/or to pass your agenda across. Go for the demographic you are targeting in your social networking site. For those seeking a simple and basic solution to making their own social network site, CrowdVine does just this, but it is not pretty or intricate.
If people are able to interact with you and to contribute towards the development of different products, they will feel like part of one big family and this will create customer loyalty. It is also important to consider the major cons of building your own social network site so that you can get remedies to the problems. This way, they will feel like they have a stake at the site and you will be assured of their loyalty. It also takes a long time to be successful because there are many such sites on the internet.