Make Sure You Don’t Fail To Understand Where Facebook’s Real Economic Value Lies
Photo by Wikipedia
Don’t believe the hype.
The negative publicity about Facebook is misleading. Facebook and Madison Avenue are in a battle and Facebook is positioned to win.
Check out this article called “Why You Should Buy Facebook (And Sell GM)” by Kirk Cheyfitz and learn why it’s still wise to be on Facebook…
“Good news for beleaguered Facebook fans: All the weeping and teeth-gnashing about the “failure” of the world’s biggest personal publishing and content-sharing platform represents a complete failure to understand where Facebook’s real economic value lies.”
“The tear-streaked, angry red faces, of course, belong to Madison Avenue and Wall Street, institutions famous for opposing any threat to their power and their ancient ways of operating.”
“General Motors, most traditional of the giant traditional advertisers, set off the mass chanting of “ad revenue, ad revenue” when it pulled its $10 million ad buy from Facebook days before the IPO. But Facebook’s current and potential value has far more to do with connections, e-commerce, and data than with the ad industry’s anachronistic appetite for paying to stick traditional digital ads and banners on the site.”
Related articles
- Content Marketing And How Brands Become Publishers (VIDEO) (baybusinesshelp.com)
