It is a professional way of social interaction and was founded in 2002 and launched on May 2003. It is the most globally connection media as it is spread over 200 countries and with millions of professional using it.
Reid Hoffman the founder of LinkedIn was born on 5 august 1967 who was a member of PayPal and done his graduation from Stanford University. In college life he wanted to make a large impact and came up with idea that academic will help him but later he realized that entrepreneur career would provide him the platform that he was looking for. Then he founded LinkedIn which is one of the best and largest platform for career related information and connections.
Advertisement is the biggest source of revenue for any company and same is in case of LinkedIn it offers you to advertise your business and ads at a starting plan of $10 per day and many more schemes. In second quarter of 2011 the revenue was $228.2 million which shows a 90% of increase as compare to the first quarter of revenue. Main revenue source for this site is following
- Hiring Solutions
- Marketing Solutions
- Premium Subscriptions
Users, competitors and Statistics
LinkedIn is currently having 161 million subscribers who have a membership with LinkedIn and it is way ahead of its competitors Viadeo and Xing who have 35 million and 10 million subscribers only. It has around 50 million users in US and 60 million users outside. And as it is way for the professional approximately 15 million college students have subscribed with it. And till now around 200 million users are going to be a part of LinkedIn family. Revenue generated by it in second quarter of 2012 is about $210 million which is more than the revenue generated by twitter and other social media.
Features
It is a way of success for a new comer to enter into the world of professionals and spread out the connections to get most of it. It provides you with the company information as well as the employees who are working and you can connect with them if you know them.
- It provides you with the direct connection and show the related connection through whom you are connected.
- It provides you with jobs according to your profile and resume and you can refine it according to your need by changing the place etc.
- User photo is also there to identify for the person you are looking for.
- You can save your jobs for the future and can apply after.
It has launched a mobile scan app that will scan your business card and store the contact information and this has increased the users dynamically and according to the founder mobile users are increasing by 400% year by year.
If you are new and want to know about the jobs fields you should join etc you can use LinkedIn answers to get an answer to your question. It is available in over 20 languages and is the largest platform of professionals.
Connectivity is the key to success and it is well proved by LinkedIn. Entering in to the world of professionals one should have knowledge about the profession and in any field you should have connection to overtake others and this is the mission of LinkedIn. It also gives you featured jobs if you are having a membership with LinkedIn which is not available for the normal users. So join LinkedIn and make your professional career strong and give a strong base. Share your experience with others to show them how it will benefit you.
Very clear informative post about LinkedIn! Interesting features n great to know about its stats. Thanks for sharing the nice facts Atish! i joined already there and am getting traffic to my blogs from it.
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I agree with you Atish today linkedin is big and famous professional Network site and i am also use this for connecting my profession related people and i am sharing my work problem and i am got it many solutions of my problem. i have Access more knowledge..
Thanks
Great information about linked in. I was not much aware of this social network. Thanks for sharing so many features of linked in.
Thanks all for reading and commenting. Yes LinkedIn is the best business network with less fake profiles.
I agree, Linkedin is a great platform. The discussions on Linkedin are of very good quality, a lot better then Facebook.
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Yes Shalu. Linkedin has least number of fake profiles than FB. Thanks for stopping by.
Linked in is really a awesome network for professionals it really helps me increase my skills and helps me earn money by freelancing.Its really a imformative network.
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Thanks Anuj for stopping by. Yes Linked is great.
Hi Atish,
Nice Article, Really Linkedin Network Site is the best and professional to spread your network and even you can communicate with other people by the help of this site. Mostly time I use it. thanks Alot Atish, Remembering me about the LINKEDIN site.
Hi Dude,
This is Amazing Article about the LInkedin Site. and I use it alot because basically this site is a professional for your business and Really its help alot us. and you can gain the knowledge and improve your skill by the help of this Site. really its Amazing Site . Well thanks alot dear to remind me about this site.
Hello Atish
I agree with you and nice one . Today Linkedin is first choice of every user specially in business line every one prefer Linkedin first and then go for another .well thanks to share your views with us .