American Express announced this week that its cardmembers can now redeem rewards points for Facebook advertising. Each $6,750 spent can be redeemed for $50.00 worth of Facebook advertising. Targeted at small business owners, this is the first time a major company has combined credit card rewards and social media advertising. With 750 million members worldwide, advertising your product/service on Facebook may be right for you.
Archive for June, 2011
The top four biggest mistakes new small business owners make are:
*Understanding monthly expenses (32%)
*Hiring the wrong people (20%)
*Not knowing how to sell or market their products (18%)
*Not securing a large enough credit line (18%)
This survey was conducted by Hiscox, an international insurance company.