
David Fischer
A Different Kind of Advertising
Users swarmed to Facebook back in 2005 because of its selectivity and clean look. Unlike the flashing banners and confusing formats of Myspace, Facebook was uniform and surprisingly easy to navigate. One of the reasons why the social media monster, Facebook, is different than other social media sites is its advertising. Facebook’s founder, Mark Zuckerberg allegedly hates pop-up ads and obnoxious promotions which gives the vice president of marketing and former Google executive, David Fischer, the difficult task of selling ad space without discouraging users. Fischer has risen to the challenge by creating ad ‘experiences’ that engage readers by relating to them personally.
What Does Sponsored Mean?
Take a look at the right side of your Facebook page. There’s a column under your live feed titled ‘sponsored’ that pays Facebook’s bills. This section highlights any status updates or likes that your friends make about a company and combines them with an ad straight from the company. For example, under my sponsored section it says, “Justin P. likes Chevrolet” and there’s an ad for the Chevy Game Time app below it.
The Most Effective Form of Marketing
However, this month Facebook will start putting their sponsored stories directly into your news feed. So for the first time, companies can pay to be at the top of your page and at the forefront of your mind. This strategy is to try and reproduce the most effective form of marketing, word-of-mouth.
Considering the fact that 85% of Facebook’s revenue last year was from their online advertising, I would say it’s working quite nicely.
What do you think of Facebook’s advertising technique? Will sponsored stories in your news feed get you more interested in brands that your friends endorse or just annoy you?
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