Visa and Facebook

Facebook, Friendster, LinkedInMultiply and other social networks will surely benefit from the rise in advertising expenditures and business users in social networks.

According to eMarketer, advertisers in the US this year will spend $40 million to reach a business audience on online social networks,



And this ad spending will reach $210 million in 2012.

Partnerships have started on-line too. Facebook last June 2008 signed a deal with Visa
which created an application called Visa Business Network. This targeted small businesses on one of the leading business-skewed social networks. Which remined me that I have to check on my Facebook account.