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linkedin’s privileged and prosperous

Wed, Nov 5, 2008

News

A new independent study from Anderson Analytics on the demographics of LinkedIn users confirms what we already knew: most of them are loaded.

A staggering 60 percent of the professional network’s users have high incomes and hold executive consultant positions. Executives make up about 28 percent of the users, with an average income of $104,000 (not household income, please note), while 30 percent identify themselves as consultants and make an average of $93,000 per year.

Furthermore the study found that 66 percent of users are decision makers or have some influence in their purchasing decisions at companies, making the site a veritable gold mine for vendors and sales people to mine for contacts.

The study polled 2,000 LinkedIn users and their 52,000 connections and divvied them up into four categories, including “savvy networkers,” “early adopters active in other networks,” executives, “late adopters,” and those “exploring options” on other job boards.

“I strongly believe marketers need to go where consumers are in order to listen to and observe them,” Tom Anderson, founder of Anderson Analytics, said. “This survey showed that online social networks are not only a way for professional groups to stay connected, but powerful tools for business as well.”

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This post was written by:

Vanessa Dennis - who has written 243 posts on Cheezhead Recruiting News and Opinion.

Vanessa Dennis, originally from Austin, Texas, was a corporate recruiter for two years before becoming a writer for Cheezhead.com. Vanessa has an English Writing degree from Loyola University of New Orleans. She currently lives with her family in Cleveland. Connect with Vanessa on the Facebook Fan Site.

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1 Comments For This Post

  1. Joe Says:

    LinkedIn has been seeing a rise in registrations lately as people laid off hit up old contacts in their job search - http://blog.talentrevolt.com/post/LinkedIn-Update.aspx

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