Major brands buying up Facebook ads - Blogging Stocks

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Major brands buying up Facebook ads
Aug 10, 2009 07:00 PM UTC

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Filed under: Starbucks (SBUX), Coca-Cola (KO), Marketing and advertising, AT and T (T), Johnson and Johnson (JNJ), Sears Holdings (SHLD), Coca-Cola Enterprises (CCE), Expedia Inc (EXPE), NIKE, Inc'B' (NKE)

Facebook is making the biggest ad splash since Google, according to an article in the Financial Times.

More than four-fifths of the largest advertisers in the United States have turned to the social networking platform to promote their wares -- after several years of fearing these types of communities. The lure of Facebook must have been too much to resist, with 340 million monthly unique visitors. Now, it's not unusual to see the likes of Johnson & Johnson (NYSE: JNJ), Nike (NYSE: NKE), and AT&T (NYSE: ATT) advertising in this world.

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Major brands buying up Facebook ads originally appeared on BloggingStocks on Mon, 10 Aug 2009 14:00:00 EST. Please see our terms for use of feeds.

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