Nobody should underestimate the growing trend of social networks these days.
Not only does it serve as a global platform for communication and acquiring information (regardless of geographical differences), but also as an essential tool for advertising and marketing purposes.
And in this current era if you don’t have Facebook, you’re considered outdated and ‘uncool’.
Statistics show that 11% of the entire population of the globe is on the Internet, and 40% of these Internet users are on Facebook. Since August 2010, Facebook has acquired more than 500 million users, making it the current largest and most commonly used Social Networking site.
Local Businesses, Restaurants, Bookstores, Doctors, Dentist, Chiropractors, Coffee Shops, Tanning Salons, Health Food Stores, Veterinarians are beginning to realize the importance of the social media, as advertising online has the capacity to make or break product sales. Reports have shown that companies are spending mass amount of time to acquire knowledge for expanding their product through the social media.
Advertisers are already flooding Facebook pages, where you can view the banner ads at the side of the Facebook pages just waiting to be clicked.
So think about the 900 million users on Facebook which can easily view commercials due to the website being free of charge to use, and pair it together with the idea that advertising produces revenue (e.g pay per click, every click on the advertisement earns you cash!)
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