Facebook Ads Just Became The Biggest Lead Generation Network.

1 09 2009
Facebook Lead Generation Ad Unit

Facebook Lead Generation Ad Unit

Inside Facebook is reporting on a new Facebook Ads ad unit. The new facebook ad unit is an extension of the homepage engagement ads it has been running for large brands. The homepage engagement ads it has been running was the following 6 ad units; Facebook Event Ad, Facebook Video Ad, Facebook Gifts Ad, Facebook Page Ad, Facebook Website Ad, Facebook House Ad (as explained here).

Now there is a big difference between the new Facebook Direct Response Home Page Ad Unit & the homepage engagement ads mentioned above.  In all the older engagement ads – the user was taken off the facebook homepage and directed to an inside page on facebook.com or to an external website.  The new Facebook Lead Generation Ad Unit has the facebook user complete the facebook advertisers lead generation form on the Facebook.com homepage. This means facebook collects the form contents and passes them over to the advertiser.  I’m guessing that this is charged on a CPL (cost-per-lead) – so advertisers will know exactly how much they will pay for each completed direct response form.

This new ad unit is being tested by Chick-fill-A for free samples of their chicken biscuits. When the unit is clicked it launches a popup with the form & gives users the option to quickly fill the form from their profile info (side note, it is only a matter of time until this is the default option – where the form pops up & the info is filled, im sure there will be an option to change / remove the profile info – but it will be more opt-out. This type of behavior pumps the click to form-submit conversion rate – as the user doesn’t really have to do much).

This move & the pending full roll out of this ad unit will no doubt make Facebook Ads the largest Lead Generation Ad Network on the web. While the test is perfect for a foodservice company (like the free chicken biscuit sample from Chick-fill-A), don’t be fooled to think this wont make its way to the more profitable side of the lead generation business. Think credit cards, mortgages, local service professional and much much more.  Oh and just wait for the Facebook Ad Network & the Facebook Affiliate Program that was confirmed by its CEO – then you will be able to post these lead-gen offers on your site via facebook connect and share in the revenue that Facebook collects from the advertiser.

So, what do you think? Did Facebook just become the largest lead generation network on the internet?

~FBADS





CEO Confrims Facebook Ad Network.

20 05 2009

I  have been saying it over and over again on this blog, but now you get it straight from the horses’ mouth.  SAI has some nice “nuggets” from Zukerberg’s talk at  Reuters Global Tech Summit.

On the future of the facebook ad network, Mark Zuckerberg is quoted saying:

“You can see over time us wanting to offer more ways for people to monetize their site and help out with that, and it could be a pretty natural extension for us to do something with ads or a number of other things that we’ve considered”

You can call facebook  allot of different things today, but one day soon they will be referred exclusively as an “advertising business” (just like google :)

~FBADS





Facebook Ads in Facebook Apps

23 02 2009

Facebook announced last week that it would start testing facebook ads inside facebook applications. Up until now facebook was happy to let facebook app developers monetize their applications with 3rd part ad networks – but with the current momentum of the facebook ads cpc / cpm program it a no brainier to add the ads here.

But this raises all sorts of questions to me;

Will advertisers be able to target specific apps?

Will facebook releases demographic data of users of a specific app?

Here is a big one;  once they are comfortable monetizing facebook apps with facebook ads – will they stop allowing fb app devs to user 3rd party ad networks to serve ads inside the facebook apps?

Can fb ap owners run 3rd party ads along side the same app that is running facebook ads?

Will fb ads monitize as well as other 3rd party fb ad networks?

Now, if you read the blog post on the facebook developer blog, they titled it: Sharing your best practices for making money on Facebook Platform – and they make no mention of the facebook ads inside facebook app canvas pages until the 2nd to last paragraph. They try to focus the post on building “real” business around the facebook platform and facebook applications. 

Here are the first 2 paragraphs in the blog post (click here to read the full post on the fb dev blog)

We launched Facebook Platform to give you the opportunity to create innovative new experiences for our users, and with that gave you the flexibility to monetize those experiences in the ways you best saw fit.

Since launch we’ve seen many of your applications grow from brand new applications with zero users to businesses with tens to hundreds of thousands or even millions of monthly users. And as applications have grown, we’ve been excited to witness so many of you building real businesses based on your users’ engagement and earning significant amounts of revenue via numerous models including advertising, sponsorships, and charging users for your (or related) services.

The post then goes on to link to some pages on the facebook developer wiki to help facebook app owners make the most out of the the “real business” they are building on the facebook platform. These links include:

Business Models for Facebbok Apps

fb app 3rd party monitization  partner directory 

Interesting articles on facebook ap monetization

So, while i do have some conspiracy theories about this (like i usually do) it doesn’t seem that they plan on doing anything game changing any time soon. I mean if they were about to ban all 3rd party ad networks on fb – would they really link to a directory of outside fb ad networks??? This will be every interesting to see how it plays out & what effect it will eventually have on the facebook ads program and eventually the facebook affiliate / partner program.

Let me know what you think in the comments.

Here is a screenshot of the facebook ads live inside a facebook app (image courtesy of  AllFacebook  (a must read facebook blog).

 

facebook ads in facebook apps

facebook ads in facebook apps

Side note; While writing this post it got me thinking about my post from last week: Facebook Commenting Widget & What It (could) means for FB Ads - Here is another example of Facebook adding and adding to their demo-targetable ad inventory. While adding facebook ads to facebook apps might be a more natural extension of the facebook ads program than adding facebook ads to the facebook commenting widgets – they both have the same common goal = further the facebook ads platform and make it a must buy for anyone doing any internet marketing (which it might already be…).








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