Article first published as Facebook Ad Prices rise 40% on Technorati.
Placing an ad on Facebook can now cost you around 40% more than during the last quarter 2010 as Bloomberg reports.
Facebook’s advertising product is picking up speed as online marketers begin to get a grip on it. They allocate larger budgets on the social network to benefit from the scarily precise targeting options. With an audience of around 500 million active users across an increasing demographic range the potential becomes obvious to most.