2012-02-02

Facebook's financial illusion-it's all ad revenues, dependent on consumers not knowing how social media marketing works

Facebook makes nearly all its money from advertising, including ad related revenues from the sales of virtual gaming products.  It's no real economic miracle, as its fate depends ultimately on major global advertisers winning success from their Facebook-focused campaigns.   Facebook's use of its member and friends data for an array of basically viral and peer-to-peer marketing strategies will ultimately create a strong backlash as regulators, privacy advocates and others peel back its facade.  Facebook believes it has perfected social media marketing to create a seamless

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