Social networking sites have become extremely popular all over the Internet today, and are being used for much more than simply meeting new friends. Many businesses are realizing that social networks can be a powerful way to tap into a huge potential customer base. As every now knows Facebook launched their much awaited advertising solutions earlier this year. But why advertising through Facebook? A common complaint from many companies is that their advertising is not reaching the right audience. Instead of creating an advertisement and hoping that it reaches the right customers with Facebook, companies can select the age, sex, interests ensuring they reach the right audience. In a previous blog I spoke about how to create a Facebook page for products. In this blog however I will take a look at the complete Facebook advertising platform and capabilities.

Facebook Pages:
This capability is for companies trying to create a brand image inside Facebook. Obtaining a Page is free and it is great for businesses such as: bars, pubs, music artists, and sports teams. It allows businesses to connect with customers on Facebook similar to the way users connect with their friends. Through a Facebook Page, users can show their support by becoming a fan, writing on your Wall, and other actions that automatically generate News Feed stories. Once joined advertisers can send updates to fans such as special news or offers. You can also link the page to your Facebook social ads.

When your fans interact with your Facebook Page, the actions they take are automatically generated into social stories. These stories are published to News Feed, which friends may see the next time they log into Facebook. The stories link back to your Facebook Page, inviting more people to interact with it, which generates more social stories and drives even more traffic to your Page. Viral marketing at its best!

Facebook social ads:
Facebook Social Ads allow your business to become part of people's daily conversations. Ads can be displayed in the left hand Ad Space, visible to users as they browse Facebook to connect with their friends, as well as in the context of news feed attached to relevant social stories. The social stories, such as a friend's becoming a fan of your Facebook page or a friend's taking an action on your website, make your ad more interesting and more relevant. Social Ads are placed in highly visible parts of the site without interrupting the user experience on Facebook.

Facebook Beacon:
This function allows customers to share with their friends the actions they take on your website. For user actions you define, Facebook Beacon will publish a story in the user's profile and to friends' news feeds with a link back to your site. Facebook Beacon actions include purchasing a product, signing up for a service, adding an item to a wish list, and more. When a user performs the action, they will be alerted that your website is sending a story to their profile. Facebook Beacon enables your brand or business to gain access to viral distribution within Facebook. Stories of a user's engagement with your site maybe displayed in his or her profile and in news feed. These stories will act as a word of mouth promotion for your business and may be seen by friends who are also likely to be interested in your product.

Facebook Platform:
Facebook Platform provides you with the tools to quickly create custom experiences for users to interact with your business and their friends while maintaining the look and feel of the Facebook interface. you can create an authentic social experience for your users by integrating your current web site or web application directly with the Facebook Platform or sponsoring an existing application. You can also integrate mobile and desktop applications with the Facebook API. Facebook Pages enable you to easily create a custom business presence on Facebook, and you can further customize the experience with a Facebook Application. You can create an application to engage even more with your users or leverage one of the thousands of compelling existing applications. Facebook Platform makes it easy to authentically connect with your customers.

Facebook Polls:
Tens of millions of people express themselves authentically on Facebook, you can accurately target your Polls by gender, age, location, interests, and other demographic data. Your poll will only be shown to the people who meet the criteria you set.

With the easy to use creation interface, you can create and deploy a single question poll within minutes. The polls will immediately start showing up in your target audience's news feeds where they can respond as soon as they log in to Facebook. Based on the level of activity at that time, your question could be answered by hundreds of people in as little as 30 minutes. The detailed results are broken down by age group and gender.

Facebook Insights:
Of course with all these types of advertising advertisers need a way of measuring the success. Therefore Facebook’s offers an Insights package that allows social ad users and pages users to see metric data, including different activities such as how many people viewed videos and photos, the fan demographics, ad performance, trends and more.
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