Facebook Inc announced on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company inclined towards revitalizing its revenue growth. A very great in degree of majority within those advertisers are small business owners who have crowded together to the world's No. 1 social network.

Facebook executives are hopeful to net even more small advertisers due to the fact that 16 million local businesses, ranging from jewelry sellers to clothing stores, set up free pages on the network. Market research firm eMarketer revealed the fact that throughout the time that identifying how much money small advertisers consume only online is difficult, in total they spent approximately US$32 billion (S$40.1 billion) during 2012 in the United States.

Image Source: Facebook Inc

(AW:Samrat Biswas)