December 19, 2010

Facebook The New Hub of Advertisers Brought $2 Million In Sales In 2010

Financial news site Bloomberg reported Thursday that the world's largest social network is expected to more than double its 2009 sales figures, which reportedly came in between $700 million and $800 million. Citing unnamed sources, Bloomberg also reported that Facebook executives were only expecting to bring in $1.5 billion in sales this year but exceeded those expectations by half a billion dollars.
According to Bloomberg " Facebook is the most attractive advertisers hub for the famous brands like Coca-Cola, JPMorgan Chase & Co. and Adidas. This because at present Facebook has 550 million smiling users & it's increasing in a alarming speed.
The CEO of Facebook Mark Zuckerberg was named Time's Person of the Year this week & Facebook also named as the best place to work by the users.
At last I would like to say that Facebook is the best social networking site in the world than this business not surprising because success always brings money.


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