Digital giant unveils new ad-buying options for sponsored stories.
Facebook marketers for the first time can buy mobile ads separately. The Menlo Park, CA-based giant revealed the development today while announcing more nuanced ways to buy sponsored stories. Brands can now purchase the social context ads within these parameters:
Simon Mansell, CEO of social media marketing vendor TBG Digital, told ClickZ that selling mobile inventory independently is a significant move for Facebook. It "opens up ads to businesses [that] have invested in building mobile apps," Mansell said. He said the development also creates opportunities for specifically targeting on-the-go consumers with products like suntan lotion and restaurant chain coupons.
In a prepared statement, Facebook said its latest ad-related iterations are a response to "requests from marketers to control the placement of their sponsored stories. As companies are promoting services more frequently on mobile, this option gives them the opportunity to focus on specific placements that will impact them most directly."
Facebook began testing sponsored stories in users' news feeds during December 2011. Before today, the ad buys weren't distinguished between news feed placement and right-hand-side page promotions.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!
Christopher Heine was a senior writer for ClickZ through June 2012. He covered social media, sports/entertainment marketing, retail, and more. Heine's work has also appeared via Mashable, Brandweek, DM News, MarketingSherpa, and other tech- and ad-centric publications. USA Today, Bloomberg Radio, and The Los Angeles Times have cited him as an expert journalist.
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.