November 19, 2007
Facebook Ads - Still a Little Shaky…
While I am still bullish on the Facebook ads in general, I think the platform needs some work. Fred Wilson points out some weird stats on his post friday and the test ads we put up last week aren’t performing well yet. But I still think they can make sense. Nick at AllFacebook.com isn’t so confident.
Basically, our test ads are targeting some very small groups - and they may be generating branding value without attracting clicks, much like paid search can. However, I think there may be some value shown if you can get it local enough and make the ask tied to a value-add like an action via an application. Heck, I even clicked on and ad for an apartment yesterday. And not even for research purposes… More to come, certainly. We have some requests to do some more testing for clients using bigger test groups - so our outlook will be changing based on those results.
Since I wasn’t blogging much this summer, here are some not-great stats-posts from Valleywag and Reach Students.