Myspace might not be popular in African Countries but other social networking sites are extremely popular. I decided to find out which one's were most popular amongst Ghanaians.
Hi5 Men 88000 + Women 33000 = 121000
Wow. What a cash cow waiting to be milked. I don't think that social networking sites understand the huge potential here. To understand how significant this is, lets look at some figures about Ghana.
General Population = 22,931,299
Literacy rate = 13,000,000
GDP per capita = $2,700.00
It costs about $1.00 an hour to browse the Internet.
What are social networking sites doing to tap this huge potential? Advertising could be huge here. Don't you think?