I came accross some future predictions around Facebook penetration a couple of days ago and is it truly staggering.

Discounting China (Facebook is restricted there) it looks like we will  be approaching 30% of the worlds active internet population will be regular Facebook users by the end of 2009.

In the article they also talked about future projections and the possibility the Facebook audience could possibly top 1 billion users, the digital universe would sure be a different place, for a start we have to play by Facebook's rules while on their platform.

As agencies and marketers what does this mean for us? Well I guess it certainly means no matter who you are at the moment you cannot ignore the big F. The most obvious way to tap in to this huge potential audience is through ads but until now they have been targeted in a fairly standard way. These ads have been more effective in my experience than standard units due to organic impressions generated, context and their non banner like appearance but the targeting has been at best unimaginative, certainly not taking advantage of the social platform.

There is a new option open to us though which seems subtle at first, you can simply target your ads at friends of your connections. These connections are defined by Facebook as: Fans of your page, users of your applications, members of your groups or attendees of your events. Looking in to it a little further this is a different method than the top ten targeting methods currently available. 

Why? Well the ads can have social context which is after all what Facebook is supposed to be about. So if I am working on a new film theatrical release and someone fans my new movie page I can target ads at their friends which will list below the ad that their friend is a fan of my film. If the person viewing the ad would also like to see the film and I am offering pre-release tickets or a competition, who are they going to ask to go with them I wonder.

It is a great step in the right direction I believe for Facebook, there is still much work to be done, I could rattle on for hours about the numerous ways I would like to use the platform but lets save that for another day and simply be happy they are thinking about us little agencies and marketers.