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Topic : Innovations in media
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Marketing & Branding

 
Activity:  2 comments  595 views  last activity : 01 27 2011 14:32:18 +0000
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Recently, infact a couple of days back, Facebook has launched a new advertising option. It is actually bringing Social Networking into ads. This option indeed has its merit. It is innovative in its own way. What Facebook has done is that now brands and business can push ads into their target profiles by showing who from your own network has commented / posted about their brand and business.

This is amazing way of bringing word of mouth [in the online scenario], a kind of testimonial format, into ads. It is called
'Sponsored Stories'.

The only negative part that I see is that incase a person does not want to feature onto this ad then there is no opt-out facility. The counter side of this could be that when you comment on Social Media it is anyway available via search engines and so there is no reason why you would require the opt-out facility. Having said this am sure Facebook would have thought of this and there must be some coverage in its policy.

On the whole it is an amazing and innovative method of bring testimonials really alive and what's more you will trust it since you will see your own friend / network person saying / mentioning about the brand / business.

What is your take on this format?

http://www.facebook.com/pervarakapadia
 Top Comment : Virag Shah   | 01 27 2011 14:23:02 +0000
It is good idea Ms.Pervara. However, it will very difficult to get positive response. There are some points which i would like to discuss that (1) Online promotion is going too fast but overall growth is very slowly, i agree with that online advertisers are so many and they are promote their brand in various ways like online contest, buy online get some discount, promotonal offers etc. But while people are browsing any website (social networking, b2b portal etc.), immediately ad will come.Normally, people just see that ad and close that ad. Very few people or very little ratio that people goes to in detail. The main thing is that the awareness will generate very huge but as far as testimonials concern, difficult to say that about positive response. Because, too much clutter are coming online. Facebook is for entertainment......
 
2 comments on "Innovative Testimonials Format By Facebook - Social Media"
  Commented by  Pervara Kapadia, Social Media http://www.facebook.com/pervarakapadia    | 01 27 2011 14:32:18 +0000
Rating : +1 
Very true Virag I would agree with the concerns that you have shared here. Infact the new form of 'Sponsored Stories' would most probably combat these problems. The fact that it is going the word of mouth route [almost] upfront points that it 'may' combat the problems that we are facing. 

http://www.facebook.com/pervarakapadia
  Commented by  Virag Shah, Office coordinator, Prince pharma pvt. ltd.    | 01 27 2011 14:23:02 +0000
Rating : +1 
It is good idea Ms.Pervara. However, it will very difficult to get positive response. There are some points which i would like to discuss that (1) Online promotion is going too fast but overall growth is very slowly, i agree with that online advertisers are so many and they are promote their brand in various ways like online contest, buy online get some discount, promotonal offers etc. 

But  while people are browsing any website (social networking, b2b portal etc.), immediately ad will come.Normally, people just see that ad and close that ad. Very few people or very little ratio that people goes to in detail. The main thing is that the awareness will generate very huge but as far as testimonials concern, difficult to say that about positive response. Because, too much clutter are coming online. Facebook is for entertainment......
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