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Yesterday, Facebook officially announced their new ad system and it’s significant. One thing that went missing is the supposed external ads that many of us were waiting for. While we can target within the site, there is currently no way to target outside users. So much for a direc
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1 year ago
I think that Facebook Page is significant because it is basically a recommendation directory that will be used mainly for local businesses. It will be a great way to find good restaurants etc'
1 year ago
I guess college students don't play beer pong.
1 year ago
I have to say, I'm very impressed with it.
One slight amendment to your post - you can't make brand pages friends, you can only declare that you are a 'fan' of them. This is then declared in your Feeds - it is important for Facebook to make a distinction between Friends and Advertisers.
The Social Ads model is very clever too. An advertiser will upload a product tag line and a product image. If a user interacts with an ad page an update will be included in the feed and this will be combined with the ad message. (Eg if I bought a new pair of trainers my feed would describe my action, credit the brand and also show a picture.)
Rather than being a Google killer it has the potential to be a Google alternative - trust referral vs Google referral.
I have written a bit more about it on my blog here: http://www.nickburcher.com/2007/11/owen-van-natta-from-facebook-presents.html and will update this once I have had the time to play around a bit with the new Facebook system - planning to create a www.nickburcher.com page to support my blog!
1 year ago
I'm very excited about these developments.