Monday, May 14, 2007

New Face Of Facebook

Facebook add classified ad listings to their services. Yesterday, Facebook announced the decision to promote free listings to their 22 million active users. The site joins the ranks of MySpace, the largest social networking site, by offering the classified listings. Friendster says it also has plans to add the service to its site. Facebook's listings will be broken up into four categories including housing, jobs, "for sale" and "other." Users who create classified ads can only share them with their designated friends on the service or anyone in their "networks." This type of advertising makes selling a bit more personal. "The advantage of having classifieds linked to a social network is that you know something about the seller. You're less likely to buy a lemon from someone who's a friend of yours," said Charlene Li, an analyst at Forrester Research.
More:http://www.entrepreneur.com/blog/index.html

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