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Wednesday, July 22. 2009
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74% of Facebook Ad Revenue from Local Ads
Clay Dillow writes about that in Fast Company, noting ad research firm Borrell Associates estimates the $310 million in ad revenue expected for Facebook in during 2009, 74% will come from local, location-based ads. Compare that to MySpace's 27% and social networking at 20% from LBS ads. So, if true, Facebook is the big social network LBS winner thus far.
Posted by Adena Schutzberg
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