In an effort to promote consumer awareness, The Digital Advertising Alliance launched the icon below to alert you on ads that are being served based on behavioral targeting aka interest-based advertising.
Launching soon, when you see this symbol, you will know you are being tracked for third-party retargeting ads on Facebook:
These ads are served via Facebook Ad Exchange. The intended goal is to show ads based on specific interests. In Facebook’s eyes, this method gives consumers more control by using their interests to serve more relevant ads. How do Facebook retargeting ads work? This diagram from BMO Capital Markets analyst Dan Salmon takes a crack at mapping it out:
Google Retargeting tends to outperform typical Search campaigns. But when it comes to Facebook ads, lately they just don’t perform like they used to. Many consumers are blind to them as they are bombarded with ads throughout the News Feed and right-hand column. Despite the performance of traditional Facebook ads, this method of Facebook retargeting may very well demonstrate increased ad performance. So far the results sound promising according to Exchange partners.
As a consumer, I understand that I’m most likely going to see ads if I am not paying a subscription fee. So from this mindset, I suppose it would be more beneficial to at least see ads for products and services that are relevant to my specific interests.
Keep an eye out for this little icon. I have a feeling we will be seeing it more often.
Watch this video to learn more:
Like this post? Connect with Erika Barbosa on Google+.
Showing posts with label Facebook ad retargeting. Show all posts
Showing posts with label Facebook ad retargeting. Show all posts
Thursday, February 7, 2013
Thursday, August 30, 2012
Facebook Ad Retargeting: A Possibility for the Near Future
A new advertising method appears to be on the horizon for Facebook.
I have a feeling advertisers will get very excited about this…
Facebook Exchange is their first cookie-based ad retargeting solution. Josh Constine of Techcrunch explains, “A Facebook user visits a third-party website, such as a travel site where they view prices for a hotel in Hawaii. That website drops a cookie on the user’s browser, and then hands a demand side platform (DSP) the complementary cookie. The DSP identifies the user to Facebook and tells it it wants to advertise to them the next time they visit Facebook.
The user visits Facebook, which pings the DSP asking for a real-time bid for how much they’d pay per impression to show that user a Facebook sidebar ad. If the bid is high enough, the ad gets shown, Facebook charges the DSP, and the DSP charges the website owner.”
This retargeting solution could potentially be a huge opportunity for advertisers. If it yields similar returns to what our experience has been with Google Retargeting, then this could be the ad revenue stream Facebook is in need of.
Facebook continues to test new ad methods with questionable success (from the users’ perspective). This could be a winner though. Would users feel the ads are more relevant therefore potentially more useful?
Is Facebook retargeting the ad type that may draw the clicks at the cost advertisers are looking for?
Like this post? Connect with Erika Barbosa on Google+.
Image credit: oparrish
I have a feeling advertisers will get very excited about this…
Facebook Exchange is their first cookie-based ad retargeting solution. Josh Constine of Techcrunch explains, “A Facebook user visits a third-party website, such as a travel site where they view prices for a hotel in Hawaii. That website drops a cookie on the user’s browser, and then hands a demand side platform (DSP) the complementary cookie. The DSP identifies the user to Facebook and tells it it wants to advertise to them the next time they visit Facebook.
The user visits Facebook, which pings the DSP asking for a real-time bid for how much they’d pay per impression to show that user a Facebook sidebar ad. If the bid is high enough, the ad gets shown, Facebook charges the DSP, and the DSP charges the website owner.”
This retargeting solution could potentially be a huge opportunity for advertisers. If it yields similar returns to what our experience has been with Google Retargeting, then this could be the ad revenue stream Facebook is in need of.
Facebook continues to test new ad methods with questionable success (from the users’ perspective). This could be a winner though. Would users feel the ads are more relevant therefore potentially more useful?
Is Facebook retargeting the ad type that may draw the clicks at the cost advertisers are looking for?
Like this post? Connect with Erika Barbosa on Google+.
Image credit: oparrish
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