Social Networking to Reach 38 BILLION by 2015

Combined advertising and promotional spending for Social Networking will hit $38 billion by 2015, roughly 440% more than the $7 billion projected for 2010, according to a new white paper from Borrell Associates. Social Networking Promotion Spending to Grow 380%Breaking the combined social network marketing spending stream into advertising and promotional streams, “The Social Networking Explosion:…