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June 2nd, 2007

Facebook commercializes 24 million users: Sells special access to News Feeds

Posted by Donna Bogatin @ 5:08 am

Categories: Advertising, Facebook, Marketing, Metrics, Privacy, Social Networking

Tags: Facebook, Donna Bogatin

Did you know “young adults are the primary trend drivers in our society.” So believes Mark Zuckerberg, Facebook founder, and very young trend setter for his own acount!

What is Facebook up to now? Facebook goes commercial, big time.

Just days ago I undersocred:  Why Facebook is scarier than Google. How so? Just read the Facebook Privacy Policy, as I excerpted:

USE OF INFORMATION OBTAINED BY FACEBOOK

By using Facebook, you are consenting to have your personal data transferred to and processed in the United States.

Facebook may use information in your profile without identifying you as an individual to third parties. We do this for purposes such as aggregating how many people in a network like a band or movie and personalizing advertisements and promotions so that we can provide you Facebook. We believe this benefits you. You can know more about the world around you and, where there are advertisements, they’re more likely to be interesting to you. For example, if you put a favorite movie in your profile, we might serve you an advertisement highlighting a screening of a similar one in your town. But we don’t tell the movie company who you are.

How Facebook sells its 24 million Facebookers to advertisers:

Marketing to young adults on their own terms is critical for success. Facebook offers relevant and integrated advertising opportunities to engage the tech-savvy youth audience.

While Facebook allows third party companies to buy targeted access to individual Facebookers, Facebook believes all is “relevant and integrated” advertising  good because “we don’t tell the (X) company who you are.”

Perhaps not, but Facebook may very well tell companies everything you do and everything about you!

Do Facebookers really welcome ads served just for them? We may soon find out. Facebook has entered the for-fee, sponsored polling business.

READ REST OF STORY BELOW IMAGE

dm6207fb.jpg 

What is Facebook Polls?

An easy way to get quick answers to your questions. Allows you to ask detailed questions, target them to specific user segments and receive real-time responses. You can target Facebook users based on gender, age, school, location, or profile keyword.

The poll will display in users’ News Feed. 

In other words, if any corporation, organization or individual wants to “poll” people who describe themselves as “sex maniac,” Facebook Polls is the direct product for them, all it takes is $5 to start. From there, the Facebook Polling sky is the limit:

Facebook charges you based on the number of responses you indicate that you need, multiplied by the amount that you indicate that you’re willing to pay per response. The more you pat per response, the faster Facebook delivers complete results.

Does Facebook stand behind its “fast” results? NO:

We do not give refunds for any reason. This includes, but is not limited to, polls we removed for any reason, polls we removed at your request, or if the site was down for some or all of the time that your poll was supposed to run.

Facebook will not verify the accuracy nor the statistical significance of response data. 

Is the vaunted Facebook “Social Graph” now very business rules anti-social?

ALSO: MySpace: 179 million times more open than Facebook
Who needs Facebook? Students fight back
Facebook vs. Craigslist? NO magic formula in online classifieds 
Craigslist vs. Facebook? Why Craigslist wins, big time 

Donna Bogatin has been probing the business heart of the Internet for more than ten years. Don't miss a single post. Subscribe via Email or RSS. Got news? Send Donna your pitch. Find out more at Donna's Website: InsiderChatter.com. For disclosures on Donna's industry affiliations, click here.
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Brave Donna Quichotte
See my small cartoon:
http://geekandpoke.typepad.com/geekandpoke/2007/06/donna_quichotte.html

Bye,
Oliver... (Read the rest)
Posted by: owidder Posted on: 06/03/07 You are currently: a Guest | | Terms of Use
You clearly have an agenda  jdc2003 | 06/02/07
Brave Donna Quichotte  owidder | 06/03/07

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