Myspace or Yours.

In a new survey from Future Labratory, close to half of 18- to 24-year olds prefer spending 15 minutes of free time on social networking sites instead of watching TV, reading, talking on the phone or playing video games.

Web Pro News reports, "The survey found that women usually spent more time on social networking sites than men, and that the sites were increasingly being used to make money. Fourteen percent of users had made money from social networking sites selling T-shirts, artwork, and jewelry. Looking for romantic relationships and finding friendship were named as other uses for the sites.

This new generation of connected users are figuring out how to use these sites to explore new levels of creativity and develop new ways of doing business online."

I have run across several examples of blogs that tell you how to make money on Facebook or other social sites. Evidently there is software and other ways to amass a huge friends list and market to them as a way of driving traffic to other sites or affiliate links. I have both a MySpace account AND a FaceBook page. I set them up just to understand what they were all about. I guess it was a matter of continuing ED for me.

The main benefit that I have seen from both my Facebook and MySpace pages is that I have been able to receive countless, spammy or inappropriate friend requests. Granted I don't check them that often but I do see where the it could be time consuming. Now for me, Entrecard, StumbleUpon, MyBlogLog and BlogCatalog suck much more time from my coffers. I think I am going to have to do a better budgeting of time when I am engaged in my social media endeavors.

As I was looking through my stats the other day I noticed a new site that I had never heard of before. It's called SiteHoppin and I have received little bit of traffic so far this month. Anyone hear of it or participate in it? What social type sites are you participating in?