That's all there is to it really. --And you probably already knew that. If you didn't, consider the following: unfortunately, printed periodicals are on the decline. Many local, and even some national papers are shrinking and condensing their layouts to save costs. -And when was the last time you remembered to check the listings in the local daily for things like garage sales, music equipment and appliances?
Are you having a garage sale? Make it your facebook status! Moving and selling your old bed frame and bookcases? Make it your facebook status! Opening an etsy or ebay store? MAKE IT YOUR FREAKIN FACEBOOK STATUS!
So, depending on the number of facebook friends you have, and the level of privacy (or lack there of) on your facebook profile, you may be able to reach close to, or more than the number of people you normally would have had you put up paid classified ads in the local papers and periodicals.
Is it effective free advertising? It all depends on the number of contacts you have established through your facebook profile and how many of them are able to view your status updates. If nothing else, you could always use it as an additional venue while using traditional methods to announce your yard sale extravaganza. I can't say I've established any mathematical equations for computing possible revenue, but I can say the odds are pretty good that if you're reading this blog post, you were linked through my facebook status.
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It's true. My drama society makes great use of Facebook statuses and Profile pictures. Thirty people all with a status and picture advertising an upcoming show tends to build a bit of excitement with friends, and also lets everyone know when a show is on.
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