and 
Facebook has entered into an agreement with the ratings measurement company Nielsen Company. The main purpose of this venture is to develop a system where companies can better understand when advertising on social media sites. Plus, Facebook has entered the next phase of their life cycle which is to make money. Currently, Facebook has over 300 million users. Obviously, that is a huge audience for advertising.
Third party confirmation will confirm that advertising on Facebook and other social media sites work. We have entered the next phase in which social media sites are more popular than radio and television. Facebook is expected to generate more than $500 million in revenue in 2009. It is small compared with Google and Yahoo. Facebook had a 9.1% share of display-ad views in the U.S. in July, up from 6.8% in January, according to comScore Inc. That put it in second place behind Yahoo and ahead of Microsoft and Time Warner. cited article
Facebook could very well be the next major online social media network. They will crack the code when it comes to attracting major companies to advertise on their social media site. Companies cannot ignore 300 million users. It has to work.
Harry F. D'Elia has entered the realm of social media with real estate. Please visit www.960realestate.com for more findings on Phoenix foreclosures and trustee sales. Check out his favorite www.realestateandbeyondblog.com. Consumers need a Realtor who is up to speed with social media to ensure their listing is fully marketed online. Over 70% of all buyers use the Internet to search for real estate.
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