Facebook To Offer Free Ads To Small Businesses

Millions of small businesses today are already using Facebook to market themselves. Facebook is planning to offer $10 million worth of free advertising credits inorder to gain more small business users.

The initiative is being launched in partnership with the U.S. Chamber of Commerce and National Federation of Independent Business, a small-business group.  The companies are working together on initiatives including combining their knowledge and resources, cross-country road show events and the Facebook Small Business Boost.

It is intended to educate small businesses on how to promote themselves on the social-networking site, like buying display ads targeted to specific markets, but also through cost-free measures to engage more with customers.

In January 2012, Facebook will start giving away $10 million worth of advertising credits to small businesses in order to foster interest in their advertising program. Facebook will give away $50 to up to 200,000 businesses. Companies can redeem the discount on a first come first serve basis.  They’ve yet to announce how to become eligible for the ad.

Facebook has a user base of 800 million active users.  This could be a great opportunity for small  businesses to get more customers.

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