Domain Name powerhouse starts Social Network

If knowledge is power, GoDaddy.com is about to make a huge difference in the lives of business owners with its new Go Daddy Connections networking site.

The new interactive resource provides a virtual community for social and business networking, and the best aspect is the power of its base – many millions strong.

Go Daddy Connections will ‘connect’ Go Daddy’s 4.6 million customers in a way that promotes the valuable exchange of helpful information, feedback and ideas to better leverage their business assets.

GoDaddy.com is one of the biggest domain name registrars and provide Web names, tools, products and support.

“Small and midsize business owners have questions about running their business online and Go Daddy Connections gives them a place to interact and exchange ideas with other business owners,” said GoDaddy.com CEO and Founder Bob Parsons. “In today’s world, if you aren’t online, you aren’t staying competitive – for yourself or your customers.”

By the end of the year, according to research firm IDC, roughly 69 percent of small businesses, or 4.5 million firms, will have an online presence.

That’s an increase of more than a quarter million over last year and you can expect many of these owners will look for ways to get more return on investment with their online presence.

Go Daddy Connections makes it easy for customers to identify important topics, educate themselves and others on business methods or practices, plus share relevant topical data with one another.

Users can also rate and provide feedback on the site, as well as promote their own businesses.