On CNBC today - On-Line Advertizing is increasing at 25%-30% from year to year while traditional advertising is only increasing 3% a year. Facebook is increasing its advertising even more than this and it is capturing more and more of the small business ads. Since AllyLocal is more focused on business than personal social networking - we should be able to see this happen as well for AllyLocal (once we make it a more public site). Facebook now controls 28% of all on-line ads and that is twice as much as its nearest competitor (Yahoo sites at 14%). Analysts that once said that the internet can't focus on on-line ads are changing their opinons (now with Social Networking) - and predict that this will continue to be the fasted growing sector of advertising.
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