Mark Zuckerberg, CEO of Facebook, has interjected his ideas in an
article in Seattle PI.com
He sees 3 types of advertising. The bottom line is with traffic like a site the size of facebook, they can serious monitor metrics for consumer interest.
Social Networking may be starting to learn the most important word in online advertising.....CONVERSION.
Most online ads on Social Networking sites don't convert into customers. That is a common dilemma the industry faces. If that problem can be solved, the industry is 'home free.' If it isn't, there will be a day of reckoning for this business.
Marc Lesnick
Conference Organizer
Social Networking Conference