The social neworks I researched were Facebook and Myspace since they are practically the same thing.
What was the target audience for this social networking site?
--The target audience are the younger generation and those who want to keep in touch with friends using bulletins (where they can update others on the day's events), games(where friends can challenge each other, seeing who can get the better score.), sharing pictures, (for those who aren't in each others lives, they can glimsp into a friends life), blogging and chatting (in chattrooms designed specifically for those social network sites).
How long was the site in existence?
Myspace has been up longer than facebook. Myspace started in August of 2003 and Facebook started in Feburary of 2004. So these websites are relitively new in some sorts because they are always updating.
Why was it popular?
Facebook is more popular than Myspace because it has more option to stay connected with your friends than Myspace. But now Myspace is taking a tip from Facebook and adding some technolgies to its website that is the same as Face book. Why these are popular are because they have cool applications, like uploading videos to your page and playing games with yourfriends and chatting at the same time.
What was its demise?
Myspace's demise is that it's slow to upload to a new page. Especially if you want to play a game that is on it's website, it takes at least 2 minutes to upload. Facebook's downfall will be that of the critics saying that we should go back to Myspace, and that Facebook is just a copy of it.
Is/was there another competitor in the same market that was more popular?
Would you ever consider creating an account and using it? Explain your reason using a personal experience as an example.
I have accounts with both websites, and for my personal use I mostly use Facebook. I find it more faster in uploading pages and has more games I like to play with my friends.