Posts Tagged ‘social networking giant’

Networking giant Facebook has gained $2 billion revenue in 2010

Monday, December 20th, 2010

The social networking site Facebook is gaining its popularity day by day. Younger generations are obsessed with this networking site. Unlike Orkut and other renowned social sites Facebook has collected in this year as their revenue around $2billion. In this year 2010 Facebook has gained this amount of money as their revenue according to the news channel Bloomberg. This channel has claimed that the early mentioned social community giant has earned around one billion and two hundred million dollars higher than the previous year. In the previous year 2009 Facebook has gained only$800Millon only. So it is all clear to the people that how this social site is performing with passing of time.

Now what the reasons are behind this success or massive profits. Several trade and financial analysts are saying that all successes are because of well planned advertising campaign. Owing to this spreading or expanding of advertising policies the success has come today. Other reasons are Facebook credit cards; target the hidden segments, and more efficiently target the large chunk of Asian markets and many smarter polices in this year of 2010. Targeting the Asian market proves to be the most successful planning of Facebook this year.

Actually gaining of its revenue day by day is, for most financial experts, very common and usual thing. You know that now no other social networking site can give a tough competition to this site. This site is really demanding and the number of its users is enlarging its figure day after day. Around the world the numbers of its members are increasing and made this the king of 2010 among all the other networking sites. For everything Facebook has thanked their all users all over the world and said that their users and user’s satisfaction and their security are their priorities. And maintaining all these strictly they can retain this position again in the forth coming year is their belief. They have said,’’ we know we gain something big but it is more important to us our users and their values and we hope we will effectively meets them in future also and create value for them.’’ They also believe that all Facebook accounts have the same potential to gain the optimum or maximum revenue around the world. All accounts have the same worth and all users are worthy to Facebook. And it is their keyword of success.

For Facebook very good news is that according to TIME magazine the creator of Facebook Zuckerberg is the person of the year 2010. So two very big news are for Facebook indeed. Their new year will be indeed a very very happy new year. The future result of Facebook will also be as good as this year as experts say that all multinational companies are already advertising through this networking giant.

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And the fact is that these days most multinational companies are in favor of using Facebook as their means of social media marketing to get better results for their business.