Social-media ad spending is up 1,000%, Facebook official says


Facebook says its biggest advertisers spent 10 to 20 times as much with the network in 2010 as they did in 2009. Sources say the company’s sales could hit $1.4 billion this year. “Two years ago the big brands were experimenting with us. … They started buying with us a year ago. Now, they’re going big,” said Facebook Chief Operating Officer Sheryl Sandberg.  Bloomberg

Advertisements

One response to “Social-media ad spending is up 1,000%, Facebook official says

  1. Facebook is pretty popular social networking site, no wonder many companies/businesses would really spend a lot of money advertising their product/service in facebook.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s