Did you see the ABC TV documentary on Mark Zuckerberg and FB

I have never seen marketing like it! If you are a user of Facebook, you are sold to advertising companies, you are Facebook's product. It is unlike where someone makes money from a person who deliberately clicks a google link for instance. And yes google ads are customised to your online activity and location too, but Facebook ads are so in your face many users probably dont even know that they are being marketed to.
So your friend LIKE's coca-cola, it shows up on your screen that your friend likes cheapest coca-cola click here! And you have just read a personal and powerful but somewhat subliminal, peer pressure styled ad. An average user spends an average of hours-every-day on Facebook. Thats alot of advertising exposure from which Facebook profit. There are teams of engineers and advertising/psychology experts creating the users experience on Facebook.
Everyone's profile is customised to themselves as far as advertising goes. And it seems they know you really well ... Your details are the product they sell to Advertisers, so the Advertisers can customise your AD experience for the best conversion results, based on their many years of market research and online content delivery.
So your friend LIKE's coca-cola, it shows up on your screen that your friend likes cheapest coca-cola click here! And you have just read a personal and powerful but somewhat subliminal, peer pressure styled ad. An average user spends an average of hours-every-day on Facebook. Thats alot of advertising exposure from which Facebook profit. There are teams of engineers and advertising/psychology experts creating the users experience on Facebook.
Everyone's profile is customised to themselves as far as advertising goes. And it seems they know you really well ... Your details are the product they sell to Advertisers, so the Advertisers can customise your AD experience for the best conversion results, based on their many years of market research and online content delivery.