Now you can create a page for a business, TV show, organization and so on.
I am very excited with this new feature, as I got a bit worried seeing all those fake profiles of companies and products on Facebook.
How it affects the market?
1. I believe that it improves the overall value of Facebook to users. Now we know who is a person, product or business.
2. Number of groups might be reduced – no need to open a group for fans of a tv show – you can just open a page for it.
3. Online directories might be affected – as users can find now businesses through Facebook.
4. Personally, I believe it will increase the time I spend on the site.
On the same topic, Facebook Beacon is really disturbing. This application allows site owners to add code to their site that sends through Facebook activity notification to contacts. Personally, I feel that this one is a bit too much.