Facebook Inc. (FB) Brand Pages Influence 84% Of Young Shoppers !

Must Read

Social Media Influencers On Hackers’ Target: 100,000 Accounts Leaked On Dark Web!

With influencer marketing and sponsored content being on the rise, more and more content creators, some even...

Net Worth Of Jeff Bezos Is More Than Combined Net Worth of India’s Top 10 Richest People!

Jeff Bezos and the phrase 'World's Richest Person' has become synonym to each other. But after the...

Search Engine Optimization In Digital Era: Look Beyond Traffic

Search engine optimization, aka SEO, plays a vital role in today's online world, especially if it's about...

The contemporary era of advertisements is not just limited to the promotion of goods and services to the folks, but is now moving on for giving a fling to impact and persuade their purchasing cognition, and active user base on Facebook Inc. (NASDAQ:FB), which is now reaching to 1.28 billion including more than 1 billion mobile users, what better dais the endorsers can get than this Zuckerberg’s inception. According to Sean Bruich, Facebook’s head of measurement platforms and standards, 70 percent of advertisers got back three times as many dollars in purchases as they spent on ads, and that’s really a whooping margin of profit one can expect after campaigning on a social platform.

A recent study by G/O digital, a Garnett company which is a leading provider of integrated digital marketing solutions, Facebook is the most preferred social avenue for checking out a local enterprise with 62% of virtual commuters relying on it. The Next in line is Pinterest with 12% people adopting it followed by Twitter with a share of 11%.  The reason for the above stats is not very arduous to guess because Facebook accounts for 72.4% of global data traffic hence the best promoter as well as influencer. The G/O digital’s report surmised that 84% of the young mob out of those polled acknowledged that they visited the endorser’s page at least once before going for its emption. Also, 59% of them approved that they visited the desired brand’s Facebook page once in a week before going for purchase of its product, and adding to the survey results, 58% hooked on to a Facebook ad with a business firm once a week.

facebook shopping research

The study was based upon very well-connected young age 1,000 adults in the US, who owned either a smartphone or tablet along with a computer and expressed their interest in doing shopping through a local business establishment.

Advertisements

Why choose FB as the promoter and its expansions

Recently, Facebook announced its collaboration with the four big global guns of corporate data brokers, Datalogix, Epsilon, Acxiom, and BlueKai, for the very reason to improve upon the ad discernment for the users. These allies would aim at collecting the stats and information of the users through various offline and online modes and by making use of these collected figures the companies would be able to offer the Facebook users with their advertisements as per their stipulation.  Also by taking into account how many times a customer purchased a merchandise of a particular brand and accordingly modifying up its frequency increased the ad revenue by a decent 22%. Hence a reduced risk and a higher yield therefore mitigating the fear of marketing expenses.

The influencing criteria’s

The following figure shows that the most persuading ads on Facebook are the ones which are focused on the users’ own interests and the preemption i.e. 36%, almost one-third of the total buyers. The rest percentage is divided among the factors like locations, age, gender etc. Another important factor contributing to the increased sales is the feedbacks of the users. G/O Digital’s study suggested that 41% of users confirmed that choosing a particular brand was deduced upon by referring to the reviews and ratings of clients, and additionally 80% of the people accepted that they were more inclined to buy a product if they saw positive user feedbacks on the brand’s Facebook page. Not to forget, the promos and discount offers aggravated 38% of buying stimulations and the product images/videos proportioned 12%.

top criteria facebook ads

The further scope

Facebook has been working hard to improve the efficacy of its ads. One of its recent accords is the finding of sweet spot for the ad commercials which boasts of scheming the favorable number of times an ad should be displayed to a user before it turns out to be a cliché. By adapting to this methodology Facebook has been able to increase the dividend yields by 40%.

The continuous enhancements of the Facebook advertisement is mainly intended to appeal to the audience through various modes of communication like videos, pop-ups and the most innovative one of recent times the “missed call ad” because the well they’ll make us gel, the more they’ll be able to sell.

3 COMMENTS

  1. […] While the users on various modes can employ several modes to ignore and skip the ads like skipping the ad sections on digital videos or omit the ad campaigns on Pandora, but on Facebook it seems a difficult task to overlook the ad content because they are interspersed. Also for Facebook, the ads that appear on its photo-sharing platform Instagram have also proved to be a promising mode of generating revenue which the company had initiated last November. Adding to this, the introduction of third party mobile apps, premium video advertising and focusing on the demands and capabilities of the audience to buy from their advertisement space has really paced Facebook too ahead of its competitors in the advertising segment, which can be embellished by the trend that 84% of young shoppers are influenced by Facebook for choosing a brand! […]

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Global 5G Chipset Market: $22.41 Billion By 2026, Driven by 5G Smartphones

As the world has started shifting from 4G to 5G era, the global 5G chipset market has...

Launch Of JioMeet Will Make Zoom To Be The 60th Chinese App To Get Banned In India?

Today as soon as the launch of JioMeet was formally announced by Mukesh Ambani, the frontman of Reliance Industries, people quickly found...

Intel Invest in Jio Platforms: A Chance For Redemption In The Smartphone Market?

If you thought Mukesh Ambani was finally going to stop the stake selling spree in Jio Platforms after RIL was recently announced...

With The Launch of JioMeet Reliance Sets Its Eyes On Video Conferencing Market!

The race to dominate the video conferencing market has just become more interesting. As we are going through the...

Facebook To Shutdown Lasso, The TikTok Competitor: A Well Calculated Move?

By now almost everyone is aware of how Facebook Inc. (NASDAQ:FB) always attempts to copy every other popular app that tries to...

Net Worth Of Jeff Bezos Is More Than Combined Net Worth of India’s Top 10 Richest People!

Jeff Bezos and the phrase 'World's Richest Person' has become synonym to each other. But after the latest jump in the net...

In-Depth: Dprime

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

Fantastic 4: Four Day Work Week A Flashpoint Of Innovation?

It has been an idea that has been mooted by many, perhaps also somewhat sceptically. From being a dark horse to becoming...

TikTok Is Facing The Wrath Of People Who Love It The Most

Ever since the popular social media app TikTok entered India, it has been growing very aggressively in terms of users. Within a...

More Articles Like This