Sunday, September 28, 2014

Facebook Adds Display Of Video Views As They Soar Past 1 Billion Daily

Facebook Adds Display Of Video Views As They Soar Past 1 Billion Daily
Facebook Adds Display Of Video Views As They Soar Past 1 Billion Daily
Facebook video is growing up, but it’s still early days for 
marketers trying to figure out how to use the platform to 
connect with consumers.
That’s the main takeaway from the flurry of stories today 
reacting to Facebook’s announcement that video on the
 network is getting more than 1 billion daily views and that it 
will start displaying view counts on video.
  There’s no doubt that Facebook users are watching more 
video. The company has been making sure of that since last 
December by serving it with audio-free autoplay in News 
Feeds. It also adjusted the News Feed algorithm in June to
 show more video to people who tend to watch a lot of video.
 And the ALS Ice Bucket Challenge alone has sparked more 
than 17 million videos that have been viewed 10 billion times 
by 440 million people between June 1 and September 1.
So it’s no surprise that Facebook reports that video views 
grew by 50% between May and June and that since June
 views are averaging more than a billion a day or that 65% of 
those views are happening on mobile devices.
But what does that mean for publishers, businesses and 
other marketers trying to reach customers on Facebook? I
 believe, it’s too early to tell what the long-term potential will
 be. For one thing, the auto-play video in News Feeds is still
 something of a novelty and it’s quite possible that users will
 start to tune it out. For another, producing compelling video
 is not easy or inexpensive, so marketers and publishers with 
limited budgets might stay on the sidelines.
 Video advertisers are also seeing good results,
 Facebook said in a blog post.  Helped by the use of the 
video views targeting objective, advertisers are “seeing a 
significant decrease in cost per view for their Facebook video
 ads. So in the coming weeks, we’ll extend the availability of 
 videos that play automatically to more content from more 
brands in the US.”
For marketers of more limited means, there’s not much to 
report, although Facebook Page administrators have been 
given access to more detailed video analytics, which will aid 
measuring the effectiveness of campaigns.
Also, Facebook has added the ability for Pages to add calls 
to action that display at the end of videos, “allowing content
 creators to invite people to visit a destination, such as a 
website, after the video ends to learn more, watch more or 
make a purchase.”

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