Wednesday, August 27, 2008

Make a million on Facebook?

Google Reader (1000+):

"Facebook is a famously difficult place to make money. Despite the popularity of the social network, most ads go for pennies per thousand impressions (CPMs). Even Social Media, a Facebook ad network that is able to get effective CPMs of about 50 cents, has only paid out a little more than $8 million total to application developers since it launched a year ago.

Read the rest of the article here.

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