The Practical Marketing Applications of Facebook (Part 1 of 4)

By Sam Mallikarjunan, Chief Executive Officer of Mallikarjunan Media Group

Any business owner, from the Fortune 500 to the corner liquor store, has heard about the tremendous potential of social media for Internet marketing. However, although everyone acknowledges and accepts that social media has great potential, and many of them know they should be involved, few people understand the specific, practical marketing applications for social media sites.

In this four-part blog post, I’m going to profile one such social media site: Facebook. I’ll also share some data that I’ve aggregated through my research. Keep in mind that there are many third-party applications that make using Facebook easier that I’ll profile as well.

What is Facebook?

Facebook is the 800-pound gorilla in the social media marketing world. The brainchild of Harvard geek Mark Zuckerberg, Facebook now has more than 500 million users (yeah, that’s about seven percent of the population of the entire planet) and has created a phenomenon of unprecedented scope and scale.

Hundreds of millions of people spend huge segments of their daily lives on this single site, interacting with friends, sharing content, playing games, and scheduling or organizing their social lives. It’s become a venue for collective action, knowledge, and an incredibly detail-rich (if personally detached) social environment. Users willingly share an incredible amount of personal information, and they greatly trust product and service recommendations made by members of their network.

Facebook has also created a incredible scale of off-site integration. Although many social sites—such as Twitter, Digg, Buzz, and others—have buttons that allow you to share content, Facebook has created a phenomenon with its social plug-in applications. Facebook’s Developers Guide is probably the best way to find out more about what options it offers and how to install them.

If you haven’t already, go to the Facebook site and create a personal profile for yourself.

Part 2

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