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.”
As it prepares for a 2017 IPO that could be the largest in the social media space since Facebook went public in 2012, all eyes are on Snapchat.
What would we do without social media?
If your responsibilities have anything to do with marketing, advertising, PR or social media, you can’t afford to be camera-shy in this day and age.
It has been a very busy year for Instagram.