FaceBook Analytics and Advertising – Apps Are In!

October 4, 2007 by Pablo Palatnik

Want the real facts on Facebook apps and advertising? What are some of the major App players doing? Check out ADONOMICS.

If you’re a software developer up-to-date on online trends and so fourth, then you’ve thought about developing a Facebook application. If you’re an online marketer, you know the power of Facebook and what the applications mean in terms of opportunity to capitalize on one of the fastest growing website in the world right now.

The New York Times reports all about the craze with Facebook and what some of the big players in the Application field in the market have done to hit it big with Facebook users.

Here are what I think are the most important quotes:

“Some developers report earning tens of thousands of dollars in advertising with the applications they have created”

“Nevertheless, Silicon Valley venture capitalists are creating funds devoted entirely to investing in Facebook tools. Internet entrepreneurs are shifting their businesses to focus on the social networking site. Some of the most popular applications are being sold, sometimes for hundreds of thousands of dollars — but only when buyers’ and sellers’ ideas about the potential of Facebook are similar.”

“chief executive of RockYou, based in San Mateo, Calif., said the price would be high for anyone who wanted to buy his 20-person company’s most popular Facebook widget, Super Wall. “If you told me you were going to write me a check for $10 million, I’d say, ‘Forget it,’” said Mr. Tokuda, 41.”

“Mark E. Zuckerberg, announced a new investment fund, the FB Fund, to give grants of up to $250,000 to developers creating new tools for the site.”

“The iLike tool, which lets users post clips of their favorite songs, has since been added to the pages of 8.6 million of the service’s 43 million users, and it gets twice as much traffic as iLike’s year-old Web site.”

If you’re a Facebook Apps developer…Contact me…I have a million dollar Idea!!! Would love to speak with you.

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