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The big, bald, bad man in black, Mitch Joel, recently attended a marketing conference and shared some thoughts on the presentation by Mike Murphy, VP of Media Sales for Facebook.
I thoroughly recommend you read Mitch’s full post, and as a taste teaser I offer this:
- The average Facebook user spends about twenty-one minutes plus per day at the online social network.
- The average Facebook user visits four times per day.
- Facebook is adding about three hundred and fifty thousand new users every day.
- On the morning of Mike’s presentation Facebook surpassed fifty million worldwide community members.
- Facebook’s size doubles every six months.
There is a stack more insight and commentary on Mitch’s post, including a startling revelation about one of Facebook’s most successful and amazing revenue sources — and it’s not those horrible sidebar adverts!
As Mitch says,
So, Facebook is not just a sticky Website… there’s a business model behind it. No matter how simple it may seem to us.
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Currently listening to: Led Zeppelin - Remasters [UK] Disc 1 - Stairway To Heaven
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Mitch Joel - Twist Image 11.01.07 at 3:57 am
Glad you liked them Lee. It’s always a pleasure to hear your reports on FIR.
I would love to see some Facebook stats for your neck of the woods.