Social networking site, Facebook, is used by more than 150 million people to share personal information with friends online. The site celebrated its fifth-year anniversary yesterday and is continuing to attract members with demographics that could serve e-tailers well in terms of extending market reach and increasing branding.
The Web research firm Hitwise reports that, overall, Facebook was the fifth-ranked Web site in terms of total market share of visits in January 2009. Furthermore, the time spent on Facebook has continued to increase and reached an average visit time of just over 21 minutes in January 2009.
More good news: When compared to 2008, there has been a pronounced shift in the age of the Facebook audience. According to Hitwise, visitors aged 18 to 24 represented a 42 percent share of visits for the four weeks ending Jan. 26, 2008, but have now dropped to 24 percent for the four weeks ending Jan. 24, 2009. Now visitors aged 25 to 34 make up the largest share of visits with 27 percent, with 18 to 24 and 35 to 44 closely following with respective shares of 24 percent and 23 percent.
Facebook is aware that ecommerce site owners may want to capitalize on Facebook traffic, so they allow members to create free Facebook Business pages or pay per click advertising campaigns.
See the full story at: http://www.ecommerce-guide.com/article.php/3800976
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