I am a neophyte user of most social online networks, however facebook is the tried and true version that those in my generation were peer pressured into using while in college. Now of course, we are addicts. I have noticed that each time I log on I am invited to use a new “application” which I must download. Mediaweek has recently reported that companies, specifically CondéNet in this case, are using Facebook applications to engage users and point them to flagship sites and key advertisers.

For example, earlier this year CondéNet bought the independently-produced “What Are You Wearing?” app, which allows users to share what they’re wearing with others. The application already boasts 90,000 users, giving CondéNet a mass audience for branding. They place ads from Guess, a major sponsor with the network, on the application in order to entice the virtual vanity of users. Apparently, and perhaps to the chagrin of the user who is bombarded by various “applications”, this has yielded quicker and better results than widgets and tools developed in house.

I asked Kevin to write a blog post (which rocked) based on my assumption that the US is headed towards a recession based on the devaluation of the dollar, the housing market slump, and the war in Iraq. I believe that marketing and advertising online is recession-proof, especially as attention profiling and behavioral targeting strategies improve and ads become customized to each the unique hopes, dreams, needs, wants, and context of users online.

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