facebook advertising strategy

Can somebody what advertising strategy does youtube, friendster, facebook, myspace etc? ?
As above, did they do something like CPM(impression ads?) or PPC(pay-per-click) etc? Can somebody give me some suggestions to online mass advertising? Thanks! Greatly appreciate!!!!
Yes, this is part of the google adwords network. People pay adwords to advertise on google and all google syndicated ads. Perry Marshall is a Legend on adwords campaigns. Here is his free course http://01tech.net/Perry_Marshall.html
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