New service will be called Nielsen Brand Lift
Facebook has more visitors on a monthly
basis than any other social network online, including rival MySpace.
MySpace has held to the fact that despite having less visitors, it
was profitable and making money in the past.
Earlier this
week, Facebook announced that it had topped
300 million users, and is now making money. Today, Facebook
announced that it would be
providing information on ads served on its network to a
third-party provider, Nielsen. The new agreement between Facebook and
Nielsen will have Facebook providing the metrics company with data on
the ads shown to users of its network and the response of the users
as well as responses from those who didn’t see the ad.
Nielsen
will then take the data and package it to sell to advertisers looking
to better track their ad spends online. Facebook COO Sheryl Sandberg
announced that the product will be called Nielsen Brand Lift and she
will pitch it to marketers at a conference in New York this
week.
Sandberg said, "It can't just be you who proves it
[advertising data]. It has to be a third party."
Nielsen's
Online division head John Burbank said that Nielsen plans to launch a
similar service on other websites as well. The Wall Street Journal
reports that Facebook still has a small percentage of the ads served
online with about 9.1% of the market. That number is up from the 6.8%
in January.
Part of Facebook's struggle to become profitable
involved rolling out new ad formats, such as the new ads that prompt
people to take an action. One of these new ads will allow those who
sign up to get a free sample of the product being advertised.
Sony
Pictures tested the new polling service form Nielsen on Facebook with
ads for its films District 9 and Julie & Julia. Sony found that
the polls showed a significant increase in awareness based on the ads
it ran.
"We’re Apple. We don’t wear suits. We don’t even own suits." -- Apple CEO Steve Jobs
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