How Much Is a Facebook Friend Worth?
In this article, it is found that when you "like" something on Facebook you are essentially worth $174.17 to a company. The reason is quite simple. People who "like" brands on Facebook tend to be more loyal and in turn spend more money on that brand. I thought this was interesting because we have been talking all semester about how imporant it is for companies to engage in social media and this shows exactly why. The article goes further to explain other reasons why Facebook is important and it says that fans on Facebook are generally more satisfied with their brands and they have the ability to become "superconsumers."
http://news.yahoo.com/much-facebook-friend-worth-174-17-134305887.html
















