This is the Social Network for the youth. MyYearbook

A social networking site has myYearbook earning about $ 1 million per month. MyYearbook CEO, Geoff Cook, revealed that the company now is trying to achieve greater profits again, competing with a lot of great competitors other social networks. Cook added, myYearbook third of the income derived from a virtual gift, a product which was first launched in 2008. While the rest of the other two-thirds from advertising.
MyYearbook site is intended for teenagers, which was first released in 2005 by Geoff Cook and his sister, Catherine and David. According to comScore observation, teen social networking site myYearbook has 6 million unique visitors in July, and now has more than 1 billion page views, and has 20 million users register on this site.
However, unfortunately this site seems to struggle if you want to reach a lot of visitors. According to the TechCrunch site, myYearbook site is still less than Facebook and MySpace, so they must be creative to provide something different for the user. Cook also added that myYearbook is now more focus will be to offer a variety of games and activities to ‘keep’ users still use the site, also adds other features to attract users. However, Cook also will continue to focus to find revenue to build this business, even to this day has reached $ 17 million. (H_n)