Tuesday, Facebook founder and CEO Mark Zuckerbook announced the launch of Facebook Ads. This new ad platform will allow advertisers to focus their precise target markets.

Facebook’s Ads consists of three major parts: “a way for businesses to build pages on Facebook to connect with their audiences; an ad system that facilitates the spread of brand messages virally through Facebook Social Ads™; and an interface to gather insights into people’s activity on Facebook that marketers care about.”

With the announcement of Facebook ads, a number of brand specific pages were released Tuesday to the tune of 100,000 pages covering the world’s biggest brands. Users can share information about businesses they like acting as a trusted referral, sending qualified and highly targeted individuals to the main businesses page.

Users can also write on the wall of the business, add reviews, and interact with the business based on the features the business chooses to install.