Facebook and why you should be using it

[mroracle]

The BBC have produced a documentary about Facebook, it is 1 hour long.

Yes it goes ove ther history of Facebook which actually is not as depicted in the film. The reason I am writing this post is that the documentary clearly explains how Facebook makes its money, this provides clear and interesting lessons as to how you can make money. Some examples are:

1) Why Coca Cola have a Facebook page and how it benefits them
- equate this as to why you should have a Facebook page for your website

2) How people that develop apps post them on Facebook and make money
- equate this to you developing an app and selling it

3) How Facebook is used to zoom in on a target market and advertise to them in a way Google search cannot
- This is the killer feature you have to learn, it is straight forward and has a greater probability to generate repetitive and growing income than being on page 1 of Google

4) How a web designer is offering services to her local market and making a lot of money
- equates this as a lesson on local markets

There is a lot more, what is most interesting is the clarity of the explanaition as to why and how Facebook truly threaten Google.

Did you know that Mark Z turned down offers of $1 billion from Yahoo! and then $15 billion from Microsoft?

If you take the time to see this documentary then purchasing Mike's WP FacePages will become mandatory not optional.

The BBC only keep their programmes on their website for 1 month, it is intersting, you will learn a lot and be trained all at the same time.

Date today: 5th December 2011
Expect it to be witdrawn on 4th January 2012 perhaps earlier.

Here is the link:
http://www.bbc.co.uk/iplayer/episode...side_Facebook/

Hope that helps.

Yusef

[Locrian]

Thanks for posting!

[Locrian]

Not available in my country...bummer!

[tomarto]

This is part of the awareness FB campaign for their IPO [Initial Public Offering ] that is pubic sale of shares ,especially to institutions

like pension funds...Groupon share sale lost money ,but the banks made a killing....

One of the big US banks has put up money in whats called a privat offering ie given money
to FB for some nonmarket shares ,this is too set a public value -the bit thats important the price payed is well overinflated-
alaso this bank has sold on this bunch iof shares to their own account holders [ this is not legal "normally" but this is not normal times]


so an arrangement was made so the bank could sell on this private stake ..... the private stake holders will make a profit

as they bought these shares with a discount ..WHY did the bank do this.".to set a fair market value" NO ; they did it to overinflate the price!

So whats the banks game plan;...................

the bank [and others ] are going to sell short called "shorting " means they are going to sell shares they dont have.

the shares will drop in value and the bank will buy them at a big discout ...so you sell shares at $50 each buy back at say$9 ,profit

$41 per share ... then they will off-load the discounted shares ie $9 in to tame pension funds ,and get commission.

so in short this whole thing with FB IPO is a scam...

How does this affect us ,not a lot, we are interested in traffic we can convert....so long as FB can keep going

we are ok....but,like Groupon .[..they just didnt pay affiliates there commission..]..so be smart about FB.

[mroracle]

Yes definitely agree, the timing of the documentary fits in with the Facebook IPO and if you are able to watch be aware that there are 'experts' stating 100 Billion is cheap for Facebook. Thanks for pointing that out, I was focused on how people were making money from the Facebook platform and paid little attention to the IPO as have no intention of purchasing any of the shares.

The majority of the lessons are about gaining traffic, being an affiliate always comes with risk of not being paid.

Want to make it clear though I am not pushing for anyone to purchase the Facebook shares, you will do so at your own risk.

For those not able to view then you will need something that shows your IP address to be in the UK, I sometimes use a tool called Proxy Storm for this, there are plenty others. Have heard of a free service but have never used it called TOR.