Once Facebook reached a couple million users, they began to monetize their service. They launched a service called Social Ads that lets you display targeted ads on Facebook. This service is as simple as it gets; compared to Google Adwords, it's practically effortless to execute. Due to the ability to target your ads to people who might be interested in them through their Facebook information, you can get higher conversion rates. With Facebook's target feature, you can make sure that your ads aren't being randomly served to people that don't care about your product. However, due to the targeting that these ads perform, just the right people will find your ad. Therefore, your click through rate will be much higher, giving you more traffic in the long run. If you want, you can also add a relevant picture to your ad, something that you shouldn't ignore. You'll be able to increase the trust factor and the appeal of your ad, making it more responsive.
There are no signs that the popularity of Facebook is waning, so now is the time to get in on the action. There is an ever growing user base that is intimately involved in the network. However, there is still a chance to get in on the competition before it becomes too difficult to make inroads on this useful platform.
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Source: http://www.readbud.com/Articles/PPC-Advertising/How-To-Market-Through-Facebook