Males are 42 percent more likely than females to click through a Facebook ad and complete a purchase during evening hours, according to a TBG Digital study. And people aged 50 or older are 119 percent more likely to purchase in the morning hours compared to the rest of the day, according to the Facebook marketing vendor’s latest cross-client research.
Based on two billion recent impressions, it also stated targeting ads on the social site by time of day can improve cost per acquisition by 116 percent. The London-based company’s CPA calculation includes sales, “likes,” and RSVPs for events.
Simon Mansell, CEO of TBG, commented in a prepared statement about the findings. “When you think about how people use Facebook at different times of the day it makes sense that adverts would perform differently,” he said. “When people are relaxing they are likely to respond differently to when they are talking with their friends, though people do both of these on Facebook, of course. Most of our clients are brands which want to run at scale so this data does not mean we pause campaigns at different times but rather we bid more or less aggressively depending on the time of day.”
So what makes content go viral? And what makes people participate in these phenomena?
Instagram is determined to introduce as many new features as possible in 2016 and that's why it has launched Live video on Stories, as well as ephemeral posts on direct messages.
Audience targeting can be challenging in social media, especially when brands make quick assumptions about their target users. How can you avoid generalisation and what are the real benefits of it?
While it typically conjures up images of consumers clamoring for deals on big ticket items, American retailer Walgreens is hoping that this year it can be the first place consumers turn for inexpensive gifts like wine, candles and small toys.