Facebook To Launch Video Ads In News Feed
I wrote this post back in May of this year when I was first briefed by the Facebook team about this potential product roll-out. It has been a long go for this feature to roll out.
I hear it now… “Wait, we can already promote a video via paid… how is this different?”
Facebook’s goal is to now incorporate sight, sound and motion in a users newsfeed on both mobile & desktop without a click. They had recently rolled out the feature to general users to test the response with consumers. They have seen a 10% higher engagement than non autoplaying videos since launching in September.
We know that the power of Facebook is tied to Storytelling & amplification. The goal with this new offering is to further extend social context via storytelling + great content = great conversation and to capture a users attention without a click to initiate.
Seeing it in action is impressive and definitely gets your attention as it is ALREADY active when you scroll down your feed. The video starts as soon as it enters your frame of view within the newsfeed.
Initially the sound is off with subtitles and an option to turn the sound on is then prompted to the user.
Here are the details…
- The view is defined by 3 carousels, similar to how multiple images show in a post
- The first video is a 15 second brand reveal spot that is also subtitled and initiates upon visibility in your stream
- There are two other spots that can play the extended cuts of video content 30, 60, 90 to a 10 minute trailer within the carousel
- The user is then prompted to share & comment directly within the video post view
- The video will pause and start back up again when the user scrolls back up
- Each video has to be a minimum of 15 seconds (no vines here)
- There will only be 1 video campaign per day. You read that correctly. 1 video per day. Your brand owns that day
- Pure impression based pricing at the moment, no CTR or True View type option yet.
- Segmentation will be limited to (male/female 18-54) demos. The only segmentation available out of the gate is tied to gender and 18-54. As with all products, after launch the ability to further segment will come into play
- This is only available directly through Fb I/O no self serve option. Pricing is comparable to a day’s takeover on other channels
From a strategic standpoint this is a pure awareness driver as of time of launch the product is purely impression based at the moment with Facebook providing guaranteed reach.
From a measurement standpoint, Facebook is claiming guaranteed audience through Nielsen OCR (Online Campaign Ratings) as well as Video insights powered by Facebook insights reporting that will capture everything from sound, engagement (likes, comments, shares) organic reach and fans.
There are a number of brands that are lining up to take advantage of this type of placement. For large programs that center around digitally centric content, this is a great addition to the platform.
Initial reaction even among my team was mixed. Terms like “fascinating”, “interesting” & “awesome” were also met with some concern. A very savvy team member made the point that he was concerned with the recent levels of driving monetization could be impacting the overall user experience… potentially leading to a loss of interest on the platform”.
My takeaway was from a brand perspective I like the opportunity to feature my digitally centric content and drive guaranteed reach. The motion seemed like a natural extension of the News Feed and the “sound off” option did not lead me to remember the days of geocities sites that blared music upon load.
It will be very interesting to see the impact that this new type of offering will have and which brands will be first out of the gate.
Follow Tom Edwards @BlackFin360
Linkedin Revamps Company Pages
Linkedin has proven to be an incredible asset for B2B Social Media Strategy & execution. With Hubspot defining Linkedin (45%) as the most effective B2B source for lead generation followed by Facebook at 33%.
Linkedin rolled-out company status updates last October, and followed that release up with a revamp to company pages including the addition of the Company Follow button, Today’s announcement highlighting the new look for company pages demonstrates they are taking the next step in their follower ecosystem strategy.
A few brands have been hand selected to test drive the new look and feel. This list includes Philips, Citi, HP and Dell for company updates and American Express, Unilever & Expedia are testing the newly revamped Careers section.
Previously, this was the view of a Linkedin Company page. Simple CTA’s outlining an overview of the company, the ability to follow, updates and potential connections.
The older services tab provided an opportunity for 3rd party validation of a companies services.
The new look and feel features a streamlined user experience that structures content in a more natural manner. You will notice the company updates look more like a traditional social stream with added capabilities for companies tied to easier sharing & additional emphasis on visual imagery. And for the first time, company pages are now available via Linkedin’s mobile app.
The services tab also received slight adjustment to further align a consistent look & feel with the core brand hub.
The changes coincide with a network wide emphasis on streamlining the overall experience and enabling brands to connect with followers on a deeper more targeted basis.
Linkedin has traditionally been a network reserved for B2B targeting, but with more emphasis targeting individuals who leverage the powerful business network, the ability to drive 3rd party validation, targeted advertising that can support cross social channel promotion, and a streamlined interface to further drive engagement, Linkedin should be considered when developing a cross channel social strategy that includes targeting individuals that are key to Linkedin’s user base.
Follow Tom Edwards @Blackfin360
Foursquare’s Promoted Products
Recently I was interviewed by E-commerce Times about the newly released Foursquare promoted products. The article focuses on the pros & cons tied to Foursquares new promoted updates feature.
Here is a link to the article.
Follow Tom Edwards @BlackFin360