How Facebook could monetize Instagram

Facebook is not likely in any rush to monetize Instagram since it acquired the mobile photo sharing application last week, but with the app coming at a billion-dollar price tag, the social network is bound to have some ideas on how the service could eventually benefit its advertising business.

Mobile is an area where Facebook does not have a proven business model. In February, the company announced that it would included Sponsored Stories in the mobile feed, but these units are very small and the rollout has been slow. The

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