Connecting With The Wealthy Through Online Social Networks

Wealthy people know the value of relationships. They leverage their time by relying on their friends for the best advice, and have the desire to create a strong, effective network - both online and off.

According to The Luxury Institute’s latest WealthSurvey, "The Wealth and Web 2.0", participation in social networks has dramatically increased to 60 percent in 2008, up from 27 percent in 2007.

According to the report:

Participation levels of online wealthy consumers in leading social networks are 16% for MySpace, 13% for LinkedIn, and 11% for Facebook.
The wealthy average membership in 2.8 social networks, with an average of 110 connections.
They are intolerant of opt-out techniques: 65% say having their personal data given out without permission would cause them to disconnect; 63% have an interest in “do not track” lists.

Are you trying to reach wealth consumers or business owners? Then blogging is your first step to success.

Create a blog. Link your blog to your profiles on LinkedIn, MySpace and Facebook. [and others] And start connecting.