Making money with facebook.

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community, and the beginnings of a move away from the original bias towards those with a college and high school background. Indeed, over 60% of registered Facebook users are now non-college students, and that figure is expected to increase to over 75% (that will be 50 million users) in the next six months. Facebook is currently enjoying 70 billion page views per month, and is the sixth most trafficked website in the USA, having recently surpassed eBay, and is now rapidly closing in on Google's traffic figures. Nor is Facebook still quite so focused on the USA as it once was, with over 10% of Canadians now being Facebook account holders, with similar levels in the UK. If you then add in the fact that Microsoft has recently paid 240 million US dollars for a 1.6% stake in Facebook (which values the company at around $15 billion in total) you clearly have a picture of a company and the website that is going places very quickly indeed. It is clear that Facebook is a website and social community that is enjoying phenomenal levels of growth from what was a relatively closeted and deeply specialized background. These numbers would also clearly indicate that Facebook could represent a potentially huge market place for any business or organization that can create means of advertising that are effective with the site members. Whether anybody has so far managed to achieve this or, indeed, whether it is actually possible to achieve is one of the critical questions that we are going to look at in considerably more detail in this book.

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