According to surverybuilder.com web users spend more time on Facebook than they do on other sites like Google and Facebook advertising has increased recently. The features that Facebook has such as a complete profile of information on its users, marketers can target specific ads to specific people. Using Facebook for advertising is also pretty cheap, cheaper than Google in fact. Facebook has become a great tool for not only networking but marketing for all sorts of businesses.
Do you think that Facebook will continue to grow as a marketing tool?
I believe that Facebook will continue to grow. While there are people who still refuse to join Facebook, they are definitely dwindling in number. Everything that I have seen indicates that there is still plenty of room for Facebook to grow. As high speed internet and technology spread Facebook numbers will continue to grow. Google is trying to play catch-up by launching their own social media platform but it is catching on very slowly. My Space has been mostly forgotten. Facebook's expected IPO next month could put $100 billion in their pockets.
ReplyDeleteWith that kind of power, they will be nigh unstoppable.
Have you signed up for any other social networking sites?