FACEBOOK

1. Can use Fb to connect and keep in touch with competitors.

1.1. New node

2. OTHER SOCIAL NETWORKING SITES

2.1. The Internet has about 1.73 billion people who use the internet, so businness are using virtual marketing to attract new customers.

3. ONLINE MARKETING

3.1. Online marketing is the new buzzword and companies will benefit from this type of marketing

3.1.1. It is quick ,efficient and cost efficient

3.2. Cheap and constantly stays in people`s mind.

3.3. When people log into FB their logo or product is normally on the side and it is easily remembered.

4. CHEAP MARKETING

4.1. A print ad cost millions of rand a month but virtual marketing is cheaper and reches more people.

5. SOCIALISING

5.1. The company can use fb to know each other better like when it is the persons birthday /share pictures with each other

5.1.1. Co-workers can know each other on a personal level not just at the office

6. RECRUITMENT

6.1. Facebook can be used to recruit talented people from all over the world.

7. NETWORKING

7.1. Publish their events that are coming up