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By Lucia Moses

The Facebook anguish continues. A Medium post investigating declining Facebook reach has set off the most recent alarm bells among publishers. Kurt Gessler, deputy editor for digital news at the Chicago Tribune, posted that since January, the Tribune has seen a significant drop in the reach of its posts on Facebook, despite having grown its fan base.

The post sparked a sigh of validation across publishers as others chimed in on social media that they’re seeing similar declines.

 

Facebook’s news feed algorithm changes have been part of publishing reality for many years. But to Matt Karolian, director of audience engagement at The Boston Globe, “last month was probably the worst we’ve had in reach in about a year. The fact everyone else is seeing it is a little bit troubling.”

Aysha Khan said Facebook reach has also been sliding at the Religion News Service, where she’s social media editor.

“Reach spiked in the summer, and we started hitting 15, 25K reach on bigger posts that were polarizing,” Khan said. “It wasn’t just political posts, but any kind of interviews. Anything that had potential to get a big reaction got a big reaction. But then we noticed that kind of stopped, and by January, it was just gone. Now we’re worse off than we were to start with.”

The change has happened even as RNS has been doing more video, including live video, and photos, things that Facebook has encouraged. Khan said RNS is still trying, though, with plans for more regularly scheduled live video and videos generally.

There are so many factors that go into how much reach a post gets, from the frequency of said posts to the subject matter to the levers Facebook is pushing, so theories about the declines abounded. One was that the decline was local to Chicago. Other publishers in other markets reported the same trend, though.

Brandon Doyle, CEO and founder of Wallaroo Media, a social media consulting firm, said he’s seen declining organic reach in the first quarter across about 20 publishers he tracks. He speculated that Facebook is suppressing publishers’ organic reach so publishers will spend more with Facebook to promote their posts. Facebook also could be in the middle of another algorithm tweak that it’s yet to announce publicly, he said.

Other popular theories were that Facebook’s preference for video over text posts and for publishers that are using its Instant Articles format over regular links is disadvantaging some. Facebook hasn’t responded to a request for comment.

Others wondered if reach is declining for some because people are getting tired of reading about politics (“I know people who have literally unliked all the news sources they used to follow pretty religiously — maybe Facebook is responding to that,” Khan said) or Trump is raising the bar for news.

 

Lifestyle sites offered some evidence of these theories. LittleThings has been pushing hard into video, and March was its second-highest traffic month of all time, which reflects continued strong Facebook referral traffic, said Joe Speiser, co-founder of LittleThings. (LittleThings also attributes some of its success to A/B testing on Facebook, a step he says many don’t do.) “Facebook’s made very clear video is a priority,” he said. “You can go through the feed yourself. Video is everywhere.”

Thrillist chief creative officer Ben Robinson said he thinks that Thrillist’s recent emphasis on video has helped lead to an all-time high in Facebook referrals, along with the adoption of Instant Articles. While a lack of political coverage hurt the site during the run-up to the election, he said it may be seeing the flip side of that now.

In a follow-up email, Gessler said he’s working with Facebook to try to figure out what’s going on, but that he didn’t think the decline was related to politics news burnout or the Cubs’ World Series win and post-series lull. The shift seems too big to just chalk up to stories’ subject matter, he said.

“Maybe it’s a little of everything,” he concluded in his post.

Whatever the reasons, the post brought a fresh round of soul-searching and hand-wringing over the hold Facebook has over publishers’ audience. “There’s a large segment of the population that gets most of its news from Facebook,” Karolian said. “If there’s been an overall decline in high-quality news that’s circulating on the platform, that is generally concerning from a philosophical standpoint.”

If it’s true that Facebook’s preference for video is a factor, few publishers are equipped make the switch to video, nor is it clear that they should try to make a hard shift to a medium they’re inexperienced in and which most publishers can’t monetize on Facebook anyway. And just doing more video perpetuates publishers’ dependence on Facebook, which can change its algorithm again at any time, as it’s done many times in the past.

To some, the issue points to the need for publishers to diversify their audience sources through search, direct traffic and newsletters, while others registered resignation.

“In my mind, we’re kind of at the mercy of the algorithm,” Khan said. “But there’s a lot of stories that are getting underwhelming responses that readers can’t even see. It is this constant thing, trying to figure out how to incorporate it into your workflow. At one point they were pushing images, and then they were pushing video, and live video. I don’t think it’ll ever stop.”

By Lucia Moses

Sourced from DIGIDAY

By Robert Elder.

Facebook and YouTube are unquestionably two of the world’s most popular digital platforms. And with such large audiences up for grabs, it’s no wonder that advertisers are pouring funds into both businesses: Facebook generated close to $27 billion in advertising revenue in 2016, and though Google doesn’t break out YouTube sales, it credits the video platform as a crucial driver of its advertising revenue, which topped $79 billion last year.

Unfortunately for brands, Facebook and YouTube serve up the most annoying ads, according to BI Intelligence’s 2017 Digital Trust survey. In a virtual tie, ads on Facebook and YouTube were deemed the most irksome by 45% and 43% of the survey’s 1,740 respondents, respectively. Twitter garnered just 6% of the vote, followed by Instagram and Snapchat at 3%, and LinkedIn at 1%.

bii most annoying ads facebook and youtubeBI Intelligence

It’s not surprising that these two platforms are reputed to have the most annoying ads. Of the platforms included in the survey, Facebook and YouTube are the top two destinations of digital time spent in the US, according to comScore. People may be more sensitive to ads on Facebook and YouTube simply because they spend more time, and therefore see more ads, on these sites. And because Facebook and YouTube are relatively mature social platforms, they likely serve ads with greater and more noticeable frequency.

Millennials and baby boomers are divided on which platform serves the worst ads. Their preferences are inversely related by age group: Older survey respondents like YouTube ads more than Facebook ads, and vice versa for younger respondents. The familiarity that older people have with traditional TV may explain their tolerance for YouTube ads, which consist of pre- and mid-roll ads that resemble ad interruptions in linear programming.

bii most annoying ads ad preferences are inversely related by ageBI Intelligence

These results point to a pressing need to improve advertising on both Facebook and YouTube. For its part, Facebook has said it’s curbing growth in its ad load — or the ratio of ads to organic posts. YouTube was similarly mindful when it scrapped its unskippable 30-second ad format in February. However, the onus to improve the ad experience shouldn’t be entirely on platforms. Brand advertisers also need to create quality ads that provide pleasurable viewing experiences. The reality is, the campaigns they’re running on the most popular platforms — in which they’re investing the most money, to reach the widest audiences — aren’t resonating.

BI Intelligence’s Digital Trust survey examines consumers’ perception of major social platforms. It rates Facebook, YouTube, Instagram, Twitter, Snapchat, and LinkedIn on security, community, user experience, and content authenticity and shareability to help brands and marketers make informed decisions about what platforms to spend their marketing and branding dollars on. The full report will be available through BI Intelligence in May.

By Robert Elder

Sourced from Business Insider UK

By Adam Levy

As advertisers look to deploy their budgets, Facebook is winning a larger share thanks to this trend.

If you want your marketing message to reach a broad audience, there used to be no better option than national television commercials. But the growth of digital platforms like Facebook (NASDAQ:FB) and Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google make it easy to reach hundreds of millions of people. What’s more, you can target your message so it only reaches the most qualified potential buyers.That’s why digital has been eating into television ad budgets — and why analysts expect that trend to continue for the foreseeable future. eMarketer forecasts that digital advertising spend in the U.S. will climb to $113 billion by 2020, while TV ad spend grows much more slowly, reaching just $77 billion. Digital spend just surpassed television last year.One of the biggest beneficiaries of the shift of ad budgets from television to digital is Facebook.

The "like" symbol at the entrance to Facebook's campus.

Image source: Facebook.

A Super Bowl every day

Facebook COO Sheryl Sandberg once likened Facebook’s reach to the largest television event. “We have a Super Bowl on mobile every day,” she said.

And it’s true. Facebook has 1.23 billion daily active users — 1.14 billion on mobile and 180 million in the U.S. and Canada. The Super Bowl earlier this year attracted 111.3 million viewers in the U.S.

Granted the Super Bowl lasts something like five hours (more if Tom Brady sends it into overtime). The average Facebook user spends “just” 50 minutes per day across Facebook, Instagram, and Messenger, the last of which doesn’t yet show ads.

However, the average American watches less television today than they did a few years ago. View time across all age groups fell 11% in the six years ending last fall. The trend is more pronounced among younger people. People between 18 and 24 spent 35% less time watching traditional television during the second quarter last year compared to the second quarter of 2010, according to Nielsen.

While Facebook isn’t the only reason people are watching less TV, it presents a very good option for advertisers looking to replace that lost watch time.

Facebook is taking a huge share of digital advertising growth

Digital advertising is growing rapidly, but that doesn’t mean all of that ad spend will go to Facebook. Nonetheless, Facebook has done an excellent job winning those new ad dollars flowing from television ad budgets to digital.

In the third quarter last year, Facebook took 45% of all digital advertising growth. Google managed to take 54% of advertising growth, leaving just 1% of growth for everyone else.

Facebook is poised to continue capturing a lion’s share of digital ad spend growth in the future, too. Display advertising is the largest form of digital advertising today, and eMarketer expects that to remain the case in the future. Facebook holds a wide lead in display advertising, bringing in around $12 billion in the U.S. last year compared to less than $5 billion for Google.

Facebook is also working to attract more video content to its platform, which fits nicely with the trend of shifting ad budgets. Facebook is reportedly funding new content productions for its platform in the hopes of seeding an entire ecosystem similar to YouTube. YouTube has proven extremely lucrative for Google, and Facebook wants in on the billions of digital video adverting revenue it generates every year.

Not only are ad budgets shifting from television to digital, Facebook is one of the few companies that’s been able to attract those ad dollars thanks to its audience size, engagement, and ad targeting capabilities. As the trend continues through the end of the decade, that makes Facebook an awesome buy.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Adam Levy has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A and C shares) and Facebook. The Motley Fool has a disclosure policy.

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By Adam Levy

Sourced from The Motley Fool

By Ilya Pestov.

Back in October, I wrote a piece on Medium that covered the numbers behind some of today’s top social media networks.

From usage numbers to engagement statistics, it was incredible to see just how impactful networks such as Facebook, Twitter, and Instagram have become. For example, not only is Facebook home to 1.23 billion daily active users on average, but those users come from all over the world — with 85.2% residing outside of the U.S. and Canada. That’s a crazy level of connectivity.

As I put together the post, it became obvious just how fast these networks were growing — and I thought a lot about how hard is it to keep up with all of these changes, especially for marketers. To make things a little easier to wrap your head around, I put together a simplified list of some standout statistics for Facebook, Twitter, LinkedIn, Instragram, and Pinterest. Check them out below if you’re looking for some guidance for your social media strategy this year.

34 Stats to Help You Plan Your Social Media Strategy on Facebook, Twitter, Instagram & More

Facebook

Twitter

  • Tweets with images receive 18% more clickthroughs, 89% more Likes, and 150% more retweets.
  • 60% of consumers expect brands to respond to their query within the hour, but the average is 1 hour 24 minutes.
  • Ideal tweet length: 100 characters.
  • Clickthrough rate is highest on Wednesdays.
  • Tweet that doesn’t include a # or @ mention will generate 23% more clicks. When the tweet is focused on driving an app install, for going a # or @ mention increases clicks by 11%. But according to Quicksprout, tweets with hashtags get 2X more engagement — clicks, retweets, favorites, and replies.

LinkedIn

Instagram

  • On average, people miss 70% of their feeds.
  • 1.1% average engagement rate of all posts (4.2% in 2014; 2.2% in 2015).
  • Images with a single dominant color generate 17% more Likes than images with multiple dominant colors. Images with a high amount of negative space generate 29% more Likes than those with minimal negative space. Images featuring blue as the dominant color generate 24% more Likes than images that are predominantly red.
  • Photos showing faces get 38% more Likes than photos not showing faces.
  • Photos see more engagement than videos on Instagram.
  • The red heart is the most frequently shared emoji on Instagram, which is shared 79% more than the next most popular symbol, a smiling face with heart eyes.
  • 50% of captions and comments on Instagram contain at least one emoji.
  • The most common posting frequency for brands on Instagram is 11–20 times per month.
  • Instagram audiences are more engaged on Mondays and Thursdays at 2 a.m., 8–9 a.m., and 5 p.m.

Pinterest

By Ilya Pestov

Sourced from HubSpot

 

By Mike Murphy.

Snapchat parent company Snap filed to become a public company today, and arguably the largest threat to its future, Facebook, had its quarterly earnings call yesterday.

One topic that kept popping up throughout the call was Instagram, the Facebook-owned photo- and video-sharing service which could well undermine Snap’s chances of becoming a profitable publicly traded company. Facebook CEO Mark Zuckerberg tried to buy Snapchat for $3 billion back in 2013, and was rebuffed. Since then, Facebook has tried to copy multiple features from Snapchat’s app for standalone Facebook apps, and recently inserted what’s more or less a clone of Snapchat into Instagram, on top of its original features.

Without actually mentioning Snapchat on the call, Facebook made a series of comments about Instagram that may keep Snap executives and potential investors up at night before their initial public offering:

Mark Zuckerberg talked about the long-term strategy for Instagram’s growth, and the fact that in a few months, the company created a new product identical to Snapchat’s Stories that already has more than the 110 million users as Snapchat’s entire app is reported to have:

Over the next five years, we’re going to keep building ecosystems around our apps that a lot of people are already using. Growth and engagement on Instagram have been strong. We announced in December that Instagram now has over 600 million monthly actives and recently passed 400 million daily actives. Instagram Stories reached 150 million daily actives just five months after the launch, and we’ve added new features like Boomerang and Live into Stories and I’m excited to see that continue to grow.

Chief operating officer Sheryl Sandberg discussed Instagram’s success has finding ways to provide services to businesses, beyond just selling ads to them—something Snap has not been able to do—by leveraging a model originally built by Facebook:

We’re really excited to announce today that 65 million businesses are using our free Pages product and 5 million are using Instagram Business profiles. More and more of these businesses are becoming advertisers with over 4 million advertising on Facebook and over 500,000 on Instagram. As a result, our revenue base is becoming more diverse. In Q4, our top 100 advertisers represented less than a quarter of our ad revenue, which is a decline from Q4 last year.

Sandberg explained how granular Facebook can get with its advertising products for businesses—whereas right now, Snapchat only offers video ads and sponsored filters for users’ snaps:

To make our ad products as relevant and effective as possible, we’re increasingly tailoring them by vertical. In 2016, we invested in Dynamic Ads, which allow advertisers to automatically promote products from their entire catalog. We expanded Dynamic Ads across Facebook, Instagram, and the Audience Network, and tailored them for verticals like travel and retail.

Sandberg implied there’s still a lot of room for growth in Facebook and Instagram’s advertising businesses:

With only a small fraction of the businesses on Facebook and Instagram advertising, we know we have a lot of opportunity and hard work ahead. In 2017, we’ll stay focused on helping businesses of all sizes reach customers around the world and grow.

Echoing Sandberg’s implication that there is still more room for Instagram to grow, chief financial officer David Wehner explained that Instagram helped Facebook show more ads to more people, and generate more revenue, than it did in the same quarter a year earlier:

On the supply side, growth in users, time spent, and ad load also contributed to our strong results. In Q4, the average price per ad increased 3% and the total number of ad impressions served increased 49%, driven primarily by mobile feed ads on Facebook and Instagram.

An analyst asked Zuckerberg how Instagram’s audience differs from Facebook’s core audience, and his answer explains how Instagram is perfectly aligned to fill the same need that Snapchat does:

Instagram is a follow model, right, so it’s—they’re not all bidirectional friendships [like on Facebook]. A larger portion of the content is public content. More of the content is visual, right. Facebook has a mix of text and news and links and visual content like photos and videos. And Instagram creates a pure experience that’s focused on photos and videos. So all those good and subtle decisions that [Instagram CEO] Kevin [Systrom] has made over the years add up to creating a different kind of community that what we’re finding and that’s great, is that it’s really complementary to what people are doing on Facebook.

And some of what we found is that as we encourage people to use both Facebook and Instagram, engagement on both can increase. So that is great. And that I think speaks to how you can build these different kinds of communities with different connections in a way that really is creating new value in people’s lives.

Another analyst asked about Facebook’s plans to monetize videos on its platforms. Sandberg’s response shows the company’s familiarity with advertising agencies and big brands and their interest in working with Facebook—even despite recent advertising metrics misstatements:

As consumer video has grown in News Feed, it’s given us that opportunity for video ads because the format of the ads fits the format of what consumers are doing. And we’re seeing a lot of great examples of people using ads in the feed across Instagram and News Feed.

To share one example, Motorola, working with Ogilvy and Moto Mento, launched the Moto Z phone, and they did awareness boosting before they launched, targeting Android users and Verizon subscribers. And they optimized their video for the Facebook and Instagram mobile feeds. And then after they launched, they did purchasing ads and re-targeted people who had viewed those initial ads.

That’s just a great example of someone using video ads, optimizing a format, but also using the pretty unique targeting we can offer to drive sales. They measured that they had over a 3.5% lift in sales driven by the Facebook and Instagram video ads.

Sandberg also discussed how the end-goal of Facebook’s advertising products is to help businesses increase their sales—and how the company can prove that to businesses, something that Snapchat has struggled with:

What matters the most is the A/B test that these people saw ads on Facebook and Instagram, these people didn’t, and here’s the sales lift. And all of the other metrics, although important and we’re working hard, are proxy metrics, and those metrics are going through a platform shift that we need to work on.

It’s likely that engagement—time spent on a social network, and how much users interact with its content—will be a metric that Snap focuses on in its filings, given that, as The Information pointed out (paywall), spending longer in an app gives a company more time to show ads to that user. Snapchat doesn’t have the largest user base, but if it has a really engaged group of users, advertisers—and investors—will be more interested. On the earnings call, Wehner said Instagram, and Facebook more generally, are seeing high levels of engagement:

Video is one of the big drivers of engagement growth on Facebook. It’s also helpful on Instagram where we’re also seeing the benefit of ranking changes. So we continue to see good engagement and time spent growth across the Facebook family and on just Facebook, and video is a part of that story. So it’s an important part of that story.

One of Snapchat’s major benefits is that it has a younger audience—that marketers are after (and who can mature along with the company)—than its competitors. Wehner said this same generation is also on Instagram, and the company is figuring out how to better target them every day:

Instagram is obviously another great place to reach Millennials, and we continue to build our products to serve a wide variety of audiences, including Millennials as well.

In passing, Zuckerberg mentioned that he considers Instagram to be the Facebook Messenger of its messaging apps, compared with his other property, WhatsApp—meaning that Instagram and Messenger are more about sharing imagery than Facebook and WhatsApp, which tend to be used more for conveying information. While this isn’t a particular shot across the bow at Snapchat, it’s worth remembering just how many social and messaging products Facebook owns that have millions of users to sell advertising against—all of which could be a threat to Snap’s long-term successes:

[Facebook] Messenger is much more focused on being an expressive and rich environment that has lots of different types of content. Kind of more like Facebook to the Instagram example that we used before, whereas WhatsApp I think is a much more utilitarian experience with a much more stark UI where there’s just not as much emphasis on having a lot of different ways to engage.

Wehner added that Instagram still has the potential to be stuffed with more advertisements—what Facebook refers to as “ad load”—meaning it has the potential to generate more revenue off its current users, assuming they aren’t annoyed by seeing more and more ads:

On Instagram versus Facebook and ad load, clearly the biggest driver of our business is core Facebook just in terms of sheer size and even sheer contribution to growth. Instagram is growing quicker on a percentage basis, but it’s much smaller. The ad load opportunities are higher on Instagram because Instagram is at a lower ad load than Facebook, so there is an opportunity for us to continue to grow ad load on Instagram probably beyond—in a longer timeframe—[the number] there is on Facebook because of that disparity in terms of where they are today.

By Mike Murphy

Sourced from Quartz

By Roger Jones.

We all want to feel connected, that we’re part of a brand bigger than ourselves. And we want the brands we support to have a similar feeling towards us.

That’s part of the motivation for some retailers, who have switched their business models to better reflect how we shop and how they reach us in the first place.

Since Facebook ads are a seemingly ubiquitous and seamless way to reach a customer base, many companies take to Facebook to engage with their audiences. That’s nothing new. However, what is a growing trend is the number of companies investing their Facebook and LinkedIn ad dollars to “dark posts”. But what are they?

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Think about ads for select demographics: whether a post with a status update, a video or photo, or a link to another spot. But these posts are only seen by their intended targets as an advertisement in their NewsFeed. They’re not seen on the brand’s Facebook timeline, allowing companies to try out new advertising concepts without pestering all of their followers with seemingly disjointed approaches.

Does your business need dark posts?

For companies, there are several advantages. For starters, you can hone advertising efforts to specific bands of potential customers without being visible to the world at large.

More importantly, companies can test message content without resorting to spam or looking desperate by over saturating those interested in your brand. This reduces the risk of potential customers unliking your page or blocking your ad.

Everyone wants to ensure dollars devoted to advertisement provide the biggest return on investment possible. Dark posts (or unpublished posts, as they’re sometimes known) allow brands to adjust their headlines and identify more effective times of publication and calls for customer response. This level of deployment customization allows companies to determine different levels of efficacy and utilize what works best. Companies can (and should) do so for each customer band that they’re after.

Strategizing statistics

By targeting ads to customer-specific traits, tendencies, or behaviors, brands hope to increase customer engagement. It’s important to understand the appropriate strategy for their use. TrackMaven’s research into the different reaches of dark posts versus boosted posts on Facebook provides some insight.

They identified that boosted posts received slightly more interaction overall, but dark posts were more successful in generating page likes for the business. Dark posts are also deployed for longer lifespans. Firms use dark posts for an average of 42 days versus 27 for boosted posts.

Things to avoid

No one wants to feel like a company is stalking them online. Target the ad too closely to the demographics or the customer behaviors, and the super-cute approach that’s meant to persuade engagement feels creepy. Going further in an attempt to engage users by name risks not only a loss of engagement, but a full disavowal of the brand and your products.

Also, it’s important to be specific, but not exclusionary. Facebook’s recent change allowing advertisers to create targeted ads addressing a user’s preferred (and self-reported) “ethnic affinity” has been controversial. Their advertising algorithms allowed marketers to exclude potential customers by ethnic affinity. A smart business strategy would be to ensure targeted posts reach the intended audience without being too exclusive.

Ethical concerns

Facebook is taking steps to ensure their approaches to advertising provide marketers with a wide variety of search options while remaining within the law. Responding this week to concerns, Facebook stated those ethnic affinity tools would no longer be available for marketers placing credit, employment, or housing ads.

“There are many nondiscriminatory uses of our ethnic affinity solution in these areas, but we have decided that we can best guard against discrimination by suspending these types of ads,” Erin Egan, Facebook’s chief privacy officer, wrote in a recent blog post on the topic.

Marketers outside these three areas can still utilize ethnic affinity as one of their targeting features for creating dark posts, however. Egan also added that Facebook’s new advertising guidelines would “require advertisers to affirm that they will not engage in discriminatory advertising” on the site.

Takeaway

If used correctly, brands can create a whole host of advertisements that allow customers to feel a part of the brand and do so in an organic fashion, remaining true to your overall branding strategy, one segment at a time.

Sourced from Retail TouchPoints

Despite producing a lower conversion rate than their desktop counterparts, direct response mobile campaigns on Facebook actually provide a 72% higher return on ad spend (ROAS), according to data from Rakuten Marketing.

On average, Facebook mobile ads generate:

  • 63% higher click-through rates than desktop;

  • 33% lower conversion rates than desktop; and

  • A 70% lower cost-per-click rate than desktop.

So while consumers are more likely to click on a Facebook ad on mobile but are less likely to convert, the much cheaper cost-per-click rate means retailers can optimize their marketing and advertising strategies within the social network and prioritize mobile investments.

Bob Buch, SVP of Social at Rakuten Marketing, noted that while the ROAS results initially surprised him due to the latency of the mobile experience compared to the desktop, cheaper mobile advertising costs combined with 1.03 billion daily mobile Facebook users gave plenty of reason for mobile’s prosperity.

“It’s basic supply and demand…seemingly everyone uses Facebook on their mobile phone,” Buch said in an interview with Retail TouchPoints. “The people that are accessing Facebook on desktop are becoming a rarer breed, even though there’s still a lot of them.”

Advertising on Facebook mobile costs less than the desktop option, he added. “If you are spending less to reach those people [via mobile] and to get those clicks, then even if the conversion rate is lower, the overall return on ad spend is going to be higher,” said Buch.

Social Ads Bring In 192% More Revenue Than Expected

The survey also revealed discrepancies between Facebook conversion tracking and web analytics tools, which are costing advertisers insights into as much as 192% more attributable revenue and the higher ROAS for mobile.

While the discrepancies between Facebook conversion tracking and web analytics platform are significant for mobile, they are minimal for desktop, at only 3% on average. While one might think that the inherent challenges associated with cross-device measurement accounts for the disproportionately high discrepancy on mobile, this is not the case.

So why should retailers believe Facebook’s tracking data? For one, Facebook conversion tracking captures all interactions after the shopper clicks through the advertisement, but many standard web analytics tools typically only capture the last interaction the user had before clicking through.

Additionally, web analytics platforms that rely on tracking cookies cannot accurately measure cross-device conversions, since shoppers can block them on desktop and mobile. If shoppers block cookies online, it becomes nearly impossible to measure conversions and attributable revenue for cross-device campaigns.

Sourced from Retail TouchPoints

 

By Alex Heath.

Facebook said in a blog post on Friday that it has been miscalculating more of its viewership metrics for advertisers.

One miscalculation is a discrepancy between the number of likes and shares Facebook shows for web links through its Graph API for advertisers and through its mobile search field.

Facebook has also been miscalculating the number of likes and reaction emojis that page owners see for their live videos.

This is the third time Facebook has admitted to misleading advertisers since September, when it was revealed that the social network had for years been inflating a key video-viewing metric.

Neither of the errors Facebook revealed on Friday is as important for advertisers as the previously misreported numbers for video views and other products like Instant Articles.

But the discrepancy of the numbers of likes and shares for web links could affect the accuracy of recent and widely cited investigations by BuzzFeed and The New York Times into how fake news stories are shared on Facebook, according to Marketing Land’s Tim Peterson. Both investigations relied on Facebook’s data on likes and shares to show how fakes news stories can easily go viral on the social network.

Facebook said on Friday that it’s still “looking into” the discrepancy. The company recently acquired CrowdTangle, a tool used by media outlets to measure how stories are shared across Facebook and other social networks.

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Sourced from Business Insider UK

By Laurie Sullivan.

Rakuten Marketing engineers believe they have uncovered a measurement flaw in Omniture, Google Analytics, Coremetrics and other analytics packages that measure the click-through rates (CTRs) and cost per clicks (CPCs) for Facebook mobile campaigns.

In Rakuten’s Facebook Measurement Divide report released Wednesday, containing the analysis of client performance data, the company reveals discrepancies between Facebook conversion tracking and Web analytics costing advertisers insight into 192% more attributable revenue and higher return on ad spend.

The cross-device campaigns analyzed reveal that attributable revenue only comprised on average 5.6% of the total revenue generated across mobile-only, desktop-only and cross-device campaigns — and as little as 2.4% for one retailer in the study.

Bob Buch, SVP of social at Rakuten — which supports attribution, affiliate, search, mobile, lead generation and more — said when the company began digging into clients’ campaigns it found that the CTR metrics were significantly higher and the CPCs quite a bit lower. “Omniture was missing 80% of the revenue, which explains why marketers are not investing more in mobile,” he said. “I’m not saying there’s something inherently wrong with the platform, but I do know it is not measuring mobile accurately for nearly every client we work with.”

Buch believes the tracking is inconsistent with what advertisers see in their Web analytics for several reasons. For starters, there are technological challenges that prevent conversion tracking on Facebook from functioning correctly, he said. In other words, there are additional conversions happening that are simply not recorded anywhere.

The report goes into more detail, outlining how post-click conversions are tracked differently by Facebook conversion tracking than in Web analytics. It also suggests that Web analytics platforms that rely on cookies cannot accurately track cross-device conversions because of the inherent challenges with identifying consumers across devices, and that some discrepancies are attributable to certain mobile operating systems and Internet browser combinations blocking third-party cookies.

Buch sees some of Rakuten’s bigger clients apply what he calls a “mobile multiplier.” He also says that it will be interesting to see what Adobe, Google and other platforms do to correct this discrepancy. When asked whether Rakuten sees this discrepancy with other social sites, he says, “I suspect this type of discrepancy would happen on any walled garden where there’s a mobile app linking to a mobile Web site, but truthfully the other social sites are not advanced enough to see the data at scale. We just don’t have the data.”

By

Sourced from MediaPost