While a lot of buzz and attention has been placed on Google+ over the past few weeks it is too soon for brands to divert attention & dollars away from Facebook. While there is a lot of speculation on how Google+ will enable brands, one thing is still very clear. The #1 option for brands focused on B2C interaction & engagement is still Facebook.
Facebook is the number one seller of display advertising in the US now according to eMarketer and has surpassed both Google & Yahoo. While Google+ has gained momentum quickly, analysis still shows there is a lot of duplication across networks with a majority of new Google+ users maintaining accounts and engaging across both Facebook & Google+.
From a brand perspective no other social platform is as well equipped to support brands both domestically and internationally than Facebook. With the breadth of reach available and the lack of brand support on Google+ (For the time being) it’s important to note that Facebook is where the remainder of your 2011/2012 $$$ should be allocated.
To support this statement look at the recent rollout of Facebook’s sponsored stories and how their usage of social context drives interaction. If you have yet to use this type of ad unit you should consider it as a part of your next Facebook media buy. This ad unit presents interactions with pages into dynamic ads that are shared throughout users newsfeeds and due to the personal & social nature of the unit they grab user’s attention quickly.
The results have been impressive with 1.6x lift in brand recall, 2x lift in message awareness and 4x lift in purchase intent according to Facebook. This is a key differentiator between Facebook & Google+ at the present time. The social context that Facebook provides to brands and support with a variety of programs still makes it the primary choice to execute a Paid, Owned & Earned strategy.
I have found the following graphical representation of Facebook’s Sponsored Story types to be extremely useful.
Time will tell who eventually wins the highly coveted ad dollars. But as it stands today it is still no contest when it comes to where to spend your brands social advertising dollars.
Follow Tom Edwards @BlackFin360