Thursday, July 31, 2008

Social Networking Growth in 2008

I just wanted to post a table which I found on InsideFacebook. It illustrates the growth and overall size of the major social networking sites - with the core data coming from comscore as usual. Check out the article on InsideFacebook for an analysis of these numbers.


On another note - I am working on a White Paper which will be highlighting several real examples of how companies that have successfully used social media as a part of their marketing campaign, with tips and best practices on how to achieve a high ROI. I hope to publish this paper some time next week...


Thursday, July 24, 2008

Developers Forum Launched

I just wanted to make a quick post to announce that AdParlor has launched a forum for facebook, myspace, and all social networking application developers to freely discuss advertising. We hope that this will be an open and unbiased forum where users will be able to freely exchange ideas and strategies for monetizing their apps. You can check it out at: http://www.devtok.com

Thursday, July 10, 2008

Facebook Profile Redesign - How will it effect advertising?

There are two components to speak of when discussing how the new facebook profile will effect advertising. First, let's look at the ads put out by facebook themselves throughout the site. Secondly, we'll try and see if the facebook profile redesign will affect applications and the ads which may appear on these apps.

Let's talk about the facebook ads themselves first - These ads will now be appearing in the right hand column but beginning higher up on the page. In the current version, the ads appear in the left column but underneath the applications. This is a better placement for facebook ads as it seems to be more prominent. Have a look at the screenshot below. The blank white space on the right is where the ads will go. Although this is not confirmed, this is the feeling I got while speaking to Rebecca Sawyer of Facebook's Monetization Team at the Facebook developer garage in Toronto. Note also that the left hand column for ads is 150px wide in the current design and it seems that the right hand column in the new design has room for an extra 15px of width - this could give the standard 120x600 banner a little more white space to stand out.



Now on to custom facebook applications and ads that may appear on the new application canvas pages. Let me first mention that the canvas page will now be 760px instead of 646px - meaning that social networking ad networks should probably be offering a new ad size!

More importantly however than the width change, is how user engagement with applications will change as a result of the redesign. Applications can now have their own tab in the new tabbed profile design - as seen above. Unfortunately however, many apps will end up losing overall user engagement as they are automatically being moved from the main profile page to the new 'boxes' tab.

Really user engagement is what will effect advertising on these applications the most. It seems as if developers who take advantage of the tabs and who have an engaging application will benefit - while those apps that are not that exciting and are not updated will lose daily active users - a key metric in determining how many advertising dollars app developers can attract.

btw, the new facebook profile is still buggy and incomplete but you can try it out by going to http://www.new.facebook.com. It should be launched to the public next week!