By Bob Fetter, SVP
of Pluris Marketing
Facebook creates so much news that it’s easy to miss a new
set of features aimed at marketers- even when those very changes can have big
implications on how brands speak to you on the social platform. Last
week, nestled between the social
buzz of the Olympics and ups
and downs of its stock price, the social network rolled out a bevy
of new ways for marketers to take advantage of things such as your
age, interests, gender, relationship status and more to inform how they ‘speak’
to you.
In what some inside marketer types have called “overdue” and
“a defining moment in social media marketing history”, Facebook is now exposing
important elements of an individual’s
personal and social graph and giving marketers the ability to post in your
timeline based on that information.
As a long time marketer and one that has started and led
loyalty programs for some of America’s largest businesses, I had a few instant
reactions to this.
1) Facebook
has to be careful not to scare off authentic personal sharing and people need
to be mindful that everything is or could be exposed to 3rd party
marketers. I am not sure what the public backlash will be should this
become widely known. To me, it’s one more reason to be completely vanilla
in how I use Facebook. I already refuse to use my Facebook ID as a log-in
to any 3rd party app or brand. If asked, I just ignore
it. And, what I do on Facebook I do with complete awareness that it will
eventually be exposed to 3rd parties.
2) This
kind of targeting is already happening, it just moves timelines into the
fold. With exception of friends of connections, the new Page
Post Targeting capabilities are almost identical to already available ad
targeting, so this is really a catch up. In some ways, providing the same
capabilities for newsfeed targeting and ad targeting may sway marketers to test
post targeting and move away from ad targeting if it works, as newsfeed
targeting is “free” (with obvious exceptions like Sponsored Stories). As
marketers can try many different posts with many different targets, it can
actually move marketers away from paying for ads if it works.
3) More
relevance still doesn’t mean actual targeting. These new features
allow for much better crafting of messaging in the news
feed. Anything that allows marketers to be more relevant helps the personal
experience. While the elements of the social graph that can be used now are all
useful for messaging, they are only slightly better than nothing for product
targeting. Things like age and gender only hint at product-type
targeting. These are more gates than triggers. Marketers have moved
long past basic demographics for targeting. “Interested in” could be a
good step in that direction. However, the full social graph needs to be
mined to support true targeting.
4) Facebook
is providing brands tools for a potential mess. I am not sure how the new
features will translate in real life. I can’t imagine that clicking on a
link in a highly targeted message in a post will bring me to similarly highly
targeted content. In fact, I am pretty sure it won’t as Facebook states “all
content will still remain on the Page since this is the only way to allow
friends of who don’t meet the targeting criteria to see viral stories”.
So the Page itself will end up either being a jumble of messages, or a generic,
untargeted Page. This is similar to clicking on a highly targeted email
and being taken to a generic landing page, or perhaps worse. So in the
end, I am not sure if Facebook is doing more harm than good.
5) Setting
the stage for mobile. Given the fast growth in the number of Facebook users
who only access Facebook through their mobile device, this kind of targeting
sets the stage nicely for location-based sponsored posts. It is not only
essential from a revenue perspective, it opens up entirely new ways for brands
to connect with consumers. You think web-targeted posts are a bit big brother-ish
with these changes, wait until you post a break up from a bar and see a post
from a dating site that says “singles are available near you”.
The new Page Post Targeting Enhanced certainly gives
marketers more tools to use to drive traffic and potentially sales and revenue
from Facebook and should definitely be tested. As to whether it is a
“defining moment in social media marketing history”, I certainly hope
not. Until Facebook can figure out a way to use the full power of the
social graph, in a way that does not cross privacy boundaries and includes
mobile, then that moment is still a long way off.
2 comments:
When starting a successful business venture or launching a new product, most entrepreneurs or business owners conduct some type of marketing research to determine the extent of their prospective customer base. And when getting the word out to that customer base, many entrepreneurs may turn to the media to help generate a buzz for them.
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There are various kinds of social networking websites that help in making popular your products. Among the various public media websites, Facebook is the most popular.
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