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I tend to disagree that the most specialized sites will be the most popular. Niche social networks are definitely the next frontier in the social networking space but I believe you can't focus on too narrow a niche if you want to build a successful business. Most sports fans are passionate about more than one sport/league/team/player. I think the number of social networking services each individual user is going to be willing to sign up for is finite. Can we realistically expect a sports fan who likes 7 different sports to sign up and actively participate in 7 different sports social networks? That's the big question. Having a wide array of sports/leagues/teams/players under one roof eliminates the need to set up accounts on numerous social networks, and also helps you establish your credibility when you join a new community on SportsMates since other users can look at the ranking you've gained through your contributions on other areas of the site.
One other thing that's not readily apparent about our business at this early stage of the game is that our business model is much different than other social networking services, which rely mostly on traditional CPM or PPC advertising. We've been in the online sports media business for 8 years and have developed a unique model with multiple revenue streams that will be rolled out as our userbase grows. Chief among them is providing cost-efficient sponsorship and activation opportunities for brands. Our rankings system will tie into a rewards system we're developing for this purpose under which members earn rewards from sponsors based on their rankings. More on this in the near future.
Any takers out there?
Great blog. You should check Play Not Watch. It doesn't look web 2.0 at all, and actually it was probably launched more than a year ago, but it is working as a social network to meet people to join a soccer team or play tennis. I joined a year ago and receive invitations to join teams all the time (I am busy or too lazy to use the site to its full potential)