Tag: facebook

Social Media

It’s a Facebook Thing: Connecting Users With The Products They Want

 

You’re scrolling through your newsfeed, you see a sweatshirt that has your name or your profession in a catchphrase, and it’s only $30. It feels weird to see something so distinctly “you” pop up. So, how does Facebook do that? If you feel like Facebook has more ads than usual, you aren’t dreaming it up; Facebook has been hitting all of us with more ads that are more relevant to us. Although it may seem unnerving at first, Facebook’s data collection tools are fascinating and can often connect users with products they want.

 

Facebook uses your profile to create personalized ads. If you like Target’s Facebook page, then Target will start delivering ads to you. Facebook will deliver ads to you based on what your friends like. However, it’s not just what you and your friends are doing alone that generates ads; it’s also demographic information. Major life events like getting engaged or married will produce content specifically for you. If you are recently engaged and post it to Facebook, wedding dresses and wedding venues will start to populate your feed. Kind of cool, huh?

When an advertiser creates an on Facebook, it can select all sorts of parameters, so it reaches the right people. For example, if someone is trying to sell a swimsuit: They can target it towards people that live near large bodies of water or has swimming listed in their interests. The more information you put about yourself on Facebook such as your age, where you live, where you graduated college, activities you like and where you work: This all will determine what ads are delivered to you.

If you don’t include all of this information on your profile, Facebook turns to your friends to fill the gaps. Facebook only needs to know one particular thing about you, like where you live, and what your friends provide to create a reasonable demographic that advertisers can use to reach you.

Let’s say you have a Facebook account just for the sake of having a profile. Facebook collects data through companies such as Datalogix, Acxiom, Epsilon, and BlueKai. These companies collect information about you through things like store loyalty cards, mailing lists, public records, browser cookies and more. So, if you are a customer at Starbucks and utilize their rewards program, you will see a Starbucks ad pop up on your Facebook at some point, or even a tee-shirt with a coffee cup on it saying Coffee Addict.

These data collection companies know more than you would think: race, gender, buying habits, economic status and more. If you don’t use loyalty cards or enroll in reward programs when you shop, Facebook still has you pinpointed. If you purchase a car at a dealership, they will more than likely ask you for your email to send you reminders about car servicing and more. That dealership wants to advertise on Facebook, so they upload a list of all of the email addresses they have. That data is then made private, and Facebook pairs the email addresses with the one you registered on Facebook. If these match, you might see an ad from that dealership on Facebook. Your friends might see the same ad from the dealership because they are reaching out to their target audience.

There’s no reason to feel a little spooked by all of this, but all of this information is kept private. Facebook uses a system called hashing to prevent from all of your private information from leaking. When you went to the grocery store last week, and you tried a new brand of yogurt that has just launched and used your discount card at check-out, Facebook might have delivered an ad for that yogurt that you had not seen previously. Don’t worry; it’s not because your phone heard you say how delicious it was at first bite.

Here at Velocity Agency, we pride ourselves in our knowledge of data collection and ad targeting. If you are trying to expand your target audience, we can help you take your brand to new heights. We have the knowledge and experience to make those internet users stop mid-scroll and CLICK the purchase button.

Social Media

MySpace’s Decline into Facebook’s Uprising

Move over Tom! Oh, hi, Mark!

Long before you were on Facebook, there was a site that many of us had a space on that was just for us. It was appropriately named MySpace, and everyone quickly jumped on board to have one. In the spring of 2008, MySpace was the top social media site in the world. In April of that same year, Facebook grabbed the lead and never looked back. Over the next three years, Myspace would lose over forty million unique visitors per month, lose both of its co-founders, and lay off most of their staff.

How did this happen so fast?

First things first, it’s important to know why and how MySpace started. In 2003, MySpace was created by people in the entertainment industry, not by technology experts and therefore could not innovate at the pace that they needed to compete.  However, MySpace was greatly influential in the music industry. In late 2003, Fin Leavell encoded his music into a myspace profile, becoming the first MySpace musician. Shortly after MySpace was sold to Rupert Murdoch, the owner of Fox News and 20th Century Fox, they launched a record label: MySpace Records. The record label was made to discover unknown talent on MySpace Music. Some well-known singers such as Lily Allen, Owl City, Hollywood Undead, Sean Kingston, and Arctic Monkeys rose to fame through myspace.

Although Rupert’s idea of incorporating a record label with MySpace was a smart business move, Rupert had an old school way of thought and is said to be a major contributor to the fall of MySpace. Critics claim that MySpace failed to execute the product development by not copying Facebook in design quickly after Facebook launched.

Facebook let third-party developers create apps on the site in 2007 while MySpace held tight to the notion that it would be able to create its own products. This strategy slowed down the process tremendously for MySpace to stay on top of the ever changing market. The former head of MySpace, Mike Jones, has stated that MySpace put up barriers to user enjoyment by forcing members to use anonymous pseudonyms in the place of their real identities, where Facebook encouraged members to use their real names.

Once Facebook took off, MySpace decided to give up on its social media leadership dreams and narrowed its focus to being a social entertainment destination. However, this has not been proven as a successful venture either. Many other websites have followed MySpace’s lead by creating music streaming sites such as Bandcamp which allows musicians to get paid for their music by allowing consumers to buy tracks or albums online.

When it comes to social media and website development, there are six lessons that we can learn from MySpace’s failure.

  • Authenticity is important 
    • The success of Facebook and the corresponding demise of MySpace is partially due to real names adding an aura of legitimacy while removing a layer of anonymous creepiness.

     

  • Standardization is better than free-range 
    • Facebook allows minimal customization regarding overall layout, look and feel. This feature has proven to be successful.

     

  • Mobile is critical
    • MySpace was slow to adopt mobile technology, and the lack of MySpace in your pocket is partly responsible for their decline.

     

  • Think beyond your website 
    • There has never been any significant effort to distribute MySpace broadly across the web by implementing it into other sites. Facebook has made it so that a user can use their Facebook login for a multitude of apps, making registering for new accounts incredibly simple and making Facebook almost a necessity.

     

  • Be business-friendly
    • MySpace has always been user-focused rather than business-focused and has rarely created features specifically for business.

     

  • Don’t sell too early
    •  MySpace made the biggest mistake by selling prematurely in 2006.

Facebook seems to have real staying power for the time being because of their highly adaptive nature and versatility and friendliness in the ever growing internet world. Here at Velocity, we pride ourselves in staying ahead of social media trends and implementing ingredients for success in our marketing strategies. We understand the importance of not only monitoring where social media platforms succeed but also where they fail. If you are in need of social media experts to take your brand to the next level, you know where to go!

Market Information, Social Media

What Facebook’s acquisition of WhatsApp means for Online Marketing 2014?

At the end of February 2014, it was announced that social media giant Facebook would buy WhatsApp, a social messaging company, for a whopping $19 billion USD. The move came as WhatsApp hit the 450 million user mark and estimates showed that it would continue to gain around a million additional users a day. For Facebook, the most popular social media platform in the world with over 1.4 billion active users, buying the world’s most popular messaging app is just another step on the way to their domination of the way people communicate in the Internet Age.

Velocity Agency - Facebook Acquisition of WhatsApp

 

What the Acquisition Says About Social Media in Marketing

If Facebook’s acquisition of WhatsApp proves anything, it’s the importance social media plays in the business marketing sphere in 2014. Keep in mind, of WhatsApps 450 million and growing user-base, 70% use the application on a daily basis. On the other hand, only 62% of Facebook users use the big blue social media giant daily. For Zuckerberg and the rest of the Facebook team, WhatsApp was poised to draw significant marketing revenue away from them. Keep in mind, 70% of businesses say they’re going to spend more on social media marketing in 2014, and Facebook doesn’t want that spending going anywhere but to its coffers. Zuck and the gang have taken a time-honored approach to competition in business: if you can’t beat them, buy them.

Why You Need to Keep Using the Expanded Facebook

With this purchase, Facebook proves it understands the pivotal role it and other social media platforms play in the online marketing game. Just in case you aren’t clear on what the purchase means to you, think of it this way: Facebook now controls a bigger portion of the social media playing field and is playing an increasingly important role in successful online marketing with social media. You need to continue to take steps to please the powers that be. Here’s why:

  • Social Media is the Fast-Track to Online Recognition

SEO, content marketing, and the like are all insanely effective when it comes to successfully building a presence online. However, you first have to draw people to your neck of the internet. By building a presence on social media platforms, places you know billions of people visit daily, you can skip over the part where you have to wait for people to come to you.

  • Social Media is Like an Acceptable Link-Farm

In the past, to build links to your site, you would have to rely on link-farms. Of course, then Google came in and rightly labeled that a black-hat SEO tactic. However, link-building remains an important part of generating more traffic to your website online. By creating high-quality content and sharing it on social media, you can effectively generate your own organic link-farm. Think about it, if your content is good enough, your followers will do the work for you, sharing your links far and wide.

Facebook’s purchase of WhatsApp consolidates an already gigantic social media empire. While it doesn’t necessarily change the playing field for marketers, power plays such as this demonstrate how keenly aware Facebook and its ilk are of their centrality going forward into the Internet Age.

Velocity Agency is a digital marketing and advertising firm specializing in digital and internet marketing & advertising, print, web design, graphic design, film, and HD video promotion and post-production. Velocity serves clients all over the United States from our Metairie, LA office just outside of New Orleans by strategically implementing proprietary tools and techniques to get you the most conversions for your business through lead generation, cost-per-acquisition, and top line revenue.

Velocity News

RIP Google Reader

reader1

While it’s certainly not the first product Google has axed, the loss of the Reader service today has received more backlash than any previous cut from the tech giant’s team. For the past eight years, millions of loyal users have relied on Google Reader for their daily dose of internet news, all provided in one simple feed. As of midnight on July 1st, these fans will have to find a new RSS home for good.

So, if there were so many loyal fans, then why did Google put an end to Reader?

There are several clear reasons, and more will become apparent after the shutdown is complete and we get a better sense of what to expect for Google’s next move. What we know for sure is that the proliferation of social media platforms has been the biggest detractor from Reader’s user base. The decline can be traced back to 2006, the year which saw the rise of Twitter as well as the introduction of Facebook’s News Feed feature. Both immediately provided a syndicated, continuous feed bringing users personalized micro updates at speeds far faster than your standard online newspaper, and together they drew consumers away from the suddenly clunky and comparatively slow world of RSS.

Fast forward to 2013, and two of the tech world’s biggest stories are again focused around news feeds. Just as Google Reader lives out its final hours, we are hearing more and more about the impending launch of a new feature that will turn Facebook into an even more functional and powerful online newspaper. For now, those who are coping with the loss of Reader will have to find an alternative. Luckily, the fight to claim the empty throne of the RSS world is turning out well for consumers. With everyone from AOL to Digg vying for your usership, there’s no doubt that newly launched services will be stacked with attention-grabbing features.

If you’ve been a longtime Google Reader user, what service have you switched to? If you couldn’t care less about Google Reader’s departure, we want to know why.
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