Facebook Tweak May Improve Ad Geo-Targeting
Social site asks users for city-specific data after earning $1.86 billion in ad sales last year.
Social site asks users for city-specific data after earning $1.86 billion in ad sales last year.
Facebook earned a whopping $1.86 billion in ad revenue last year, according to an eMarketer estimate, but the company is not resting on its laurels. It has added a feature that, at least in part, appears designed to enrich the geo-targeting possibilities on its marketing platform.
Palo Alto, CA-based Facebook is serving a sidebar module that reads: “Which city do you live in?” Underneath the copy (see image) appears a city and state, such as “San Francisco, California,” as well as a picture from the city’s Facebook community page. InsideFacebook.com first reported the change.
Viewers can click an “I live here” button to add that city to their user profile without leaving the current page. They can also click a “Choose another city” link to go to the profile editor and choose a city. The module disappears if a user clicks the “x” button. Facebook users who already list their current city are apparently not being fed the sidebar module.
Clearly, the idea is to get more of its 550 million users to include where they live in the profile data, which will be utilized in ad targeting for local restaurants, entertainment events, and daily deals marketers.
Separately, Goldman Sachs will limit the availability of its Facebook shares to foreign investors, due to concerns that the deal could run afoul of U.S. securities regulations. The development comes two weeks after the huge investment firm made known its $450 million stake in the seven-year-old Facebook.
More about:
Lucy helps organizations leverage knowledge for in... View Tech Talk
TVSquared is the global leader in cross-platform T... View Tech Talk
Grata is a B2B search engine for discovering small... View Tech Talk
Streaming has become a staple of US media-viewing ... Download Now
Data is the lifeblood of so many companies today. ... Download Now
This report documents the findings of a Fireside c... Download Now
Customers decide fast, influenced by only 2.5 touc... Download Now
Streaming has become a staple of US media-viewing habits. Streaming video, however, still comes with a variety of pesky frustrations that viewers are ...
View resourceData is the lifeblood of so many companies today. You need more of it, all of which at higher quality, and all the meanwhile being compliant with data...
View resourceThis report documents the findings of a Fireside chat held by ClickZ in the first quarter of 2022. It provides expert insight on how companies can ret...
View resourceCustomers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...
View resourceBar Louie was founded in 1990s Chicago as ‘The Original Gastrobar™’. Its foundation as a neighborhood bar is integral to Bar Louie&r...
View articleAs governments and social media platforms lock horns on news placements, we’re asking marketers for their opinion on how the issue will shape their st...
View articleMost marketers who consider Facebook a valuable platform are feeling baffled with the series of changes that the social media giant has brought in rec...
View articleThe average person spends just under two hours a day (116 minutes) on social platforms, which means a successful social media strategy is imperative f...
View articleEveryone’s on social media these days, so your business should be, too. But without paid media, your campaigns could have the impact of a falling tree...
View articleFacebook has announced that it is planning to withdraw the ability to boost a list of post types from its available ad formats, as they didn’t seem to...
View articleFacebook recently announced the introduction of new metrics for its Insights page with the aim of offering improved measurement. We break down how to ...
View articleFacebook has announced the rollout of three more updates designed to target and eliminate clickbait headlines. Here's how to make sure you aren't affe...
View article