Social Media Ventures Reports Increase in Percentage of Visits to PetsPlaces.com That Come From Search Engines
09 December 2010 - 11:30PM
Marketwired
Social Media Ventures, Inc. (PINKSHEETS: SMVI) is pleased to
announce that its social networking portal, www.PetsPlaces.com, has
experienced an increase in visits directly from search engines as
well as an increase in the amount of time members are spending on
the pet site this past month, according to www.alexa.com.
PetsPlaces.com continues to attract new members and attention.
According to www.alexa.com, PetsPlaces.com has experienced an
increase of 18% of global Internet users who visit the site through
search engines illustrating the amount of interest and attention
the site is now attracting. Also, this past month the site had a
37% increase in the average time each member stays on the site.
The pet market has been proven to be essentially recession
proof. U.S. Pet Market Outlook 2010-2011 provides essential
insights into the U.S. pet market overall as well as each of its
four core categories -- veterinary services, pet food, non-food pet
supplies, and other pet services (grooming, boarding, training,
etc.) -- while predicting sales to rise from $53 billion in 2009 to
over $70 billion in 2014, with strong demand for products and
services that both enhance pet health and pamper lifting many
boats.
"We are moving to position Petsplaces.com to become one of the
premier destinations for pet enthusiasts online. This is our goal
for the next six months. And we are still moving forward with our
plan for the marketing program that should increase our membership
dramatically with the goal of making the site a revenue producing,
social networking portal for SMVI. The more members we have, the
more advertisers we attract to make this a successful endeavor for
SMVI and at the same time provide our online pet community with a
very enjoyable experience," stated Robert Thayer, CEO of Social
Media Ventures, Inc.
About Social Media Ventures, Inc.
Social Media Ventures (PINKSHEETS: SMVI) is an online media
venture company, creating and acquiring niche social networking
websites as well as revenue generating web sites. SMVI will
integrate an online advertising program that focuses on attracting
advertisers to its core demographics for each social networking
site. Currently SMVI operates its social networking site;
www.petsplaces.com.
Forward-looking statements:
This press release contains certain forward-looking statements,
which are made pursuant to the "Safe Harbor" provisions of the
Private Securities Litigation Reform Act of 1995. Statements of
future goals or expectations, containing words such as "expect,"
"believe," "should," "anticipate," "intend," "plan," "may," "will"
Or similar expressions reflecting something other than historical
fact are intended To identify forward-looking statements, but are
not the exclusive means of identifying such statements. These
forward-looking statements involve a number of risks, uncertainties
and assumptions that are difficult to predict and that could cause
actual results to differ materially from those currently
anticipated. Factors that could cause or contribute to such
differences include, but are not limited to, the successful
completion of acquisitions and the integration of such businesses
with those of the Company, competition, technological changes, the
ability to obtain financing and other factors. The Company
undertakes no obligations to revise or update any forward-looking
statements in order to reflect events or circumstances that may
arise after the date of this press release.
Contact: Social Media Ventures, Inc. www.socialmv.com Email:
ir@socialmv.com Tele: (516) 204-4843
Social Media Ventures (CE) (USOTC:SMVI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Social Media Ventures (CE) (USOTC:SMVI)
Historical Stock Chart
From Nov 2023 to Nov 2024