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In 2007 Facebook announced the Facebook platform that enables third party developer to develop application inside the Facebookenvironment (Exhibit 11) shows that how the data on Facebook users like the demographics, picture,status updates ,likes ,location , of the Facebook users can be check by the third party and the application on the Facebook .the data can be get only if permission given by the Facebook user . to use the data regarding him and user allow the third party and the application by granting permission .without the permission of Facebook user no one cane access the data of user. This kind of thing in the Facebook provides the confidentiality level of Facebook user that his data will never transfer to wrong hands unless the user gave permission to access the data after this the third party and the application have the ability to post user'sprofile meant that an application could acquire new user's and retain old one's at no cost.(Page 6) We can evaluatethe success ofFacebook platform by January 2008 the number of applicants grown to 13,000 and estimated 100,000 developers were building Facebookapplication at (page 6 second paragraph)an example given of I like which had about 3.5 million users after coming at the Facebook it added five million more user'swithin60 days of its launch at Facebook
In the (exhibit 12) the usage pattern of Facebook mention in which the high in numbers and spending in the time at Facebook is at the folder of interaction with application, unique users 14 million and visits 80 million and time spend by each individual is 4:30 minutes the time visitors are much more in larger numbers than any other activity at Facebook. At (page 7)the part of social gaming games name like "Farmville" they gave the social touch and connectivity with each other by helpingeach other in the different phases of the game just to stay interconnect with each other people thinks that the spend 5 minutes other blogs or use tube why not the spend it at Facebook Farmville to connect with their social network that is more use full for them. At (page 7) Facebook credit paragraph they mentioned that success of the company built platform was boon for Facebook itself .Facebook initially rolled out Facebookcredits to a major application makers such as zynga and collect 30% commission on all Facebook credit purchase. Facebook websites at (page 8) In 2008 after the introducing of platform Facebook announced its second generation platform called Facebookwebsites. In the Facebook websites users could save the time by clicking the connect with Facebook button and the third party site pulled their personal data from their Facebook profile to establish an account and they clogged on users could interact with Facebook friends in context of the third party . Facebook for websites users showed 50% more engagement than other users at the (page 9). According to the Facebook forwebsites saw increase 30% to 200% increase in the registration on their sites
and a 15% to 100% increase in user engagementFacebook for the website at(page 9) second paragraph Facebook for websites continued to gain widespread acceptance with over 10,000 websites by the way of comparison the site had required about three and half year to amass its first 25 million members. Evaluation of the both parts Facebook websites and Facebook platform is this that they are working in two different companies but they are doing at their at best level by offering different features according to the user of that and also the level of the accessing the that of Facebook users . From my point of view they are having the competitive edge point others then their competitors that they are offering features kile every ine cane work in its own usage pattern by not disturbing the others and secondly the level of the confidentiality from there user point of view . the performances of both the sites is this they are generating the profit level as well as the are maintain their current users and attaining more users in their particular domain.
However Facebook failed to outrage of its users who felt that beacon violated their privacy. Press accounts cited e.g. of users having birthday surprises spoiled when the recipient saw the gift purchase of Facebook's news feed. And later Facebook agreeing to shut down beacon and pay $9.5 million to a foundation dedicated to online safety and privacy.(Page 5, 3rd paragraph) As time progressed Facebook continued to expand the display ad and capabilities. It also sought to develop new advertising products that leveraged user's social relationships. As Zuckerburg explained, "it's no longer just about messages that are broadcast out by companies, but increasingly about information that is shared between friends". To that end, Facebook developed social ads, which allowed companies that had a Facebook page to target friends of fans of that page. For example, friends of Toyota scion fan named Fred would see a regular ad for a Toyota Scion followed by a short message stating "Fred likes Toyota Scion".(Page 5, 4th paragraph)
Your click through rate is the percentage of time that an ad is shown and someone clicks on it. Now, this also includes people who clicked on your ad and didnt like your page or perform another preferred action. But this is a good way to measure how successful your ad is at engaging and driving an initial interaction. What is a good click through rate? The simple answer is that there isnt a simple answer. It depends on the ad, your goals, the amount youre spending and how long an ad has been running. A general rule of thumb is to try and maintain a click through rate above .1%. Ive seen rates as high as .5%, but it all depends on many factors whether such a rate is possible.
The simpler answer is that its all relative. Run multiple campaigns. Compare the click through rates to determine which campaigns are driving more interaction.
That takes us to comparing your clicks to your connections. Facebook defines connections as follows: The number of people who liked your Facebook Page, RSVPed to your event, or installed your app within 24 hours of seeing a Sponsored Story or ad in this campaign. If youre not promoting a Page, event or app, you wont see Connections data
This may be the most important measurement of Facebook ad success. This breaks down the two most important factors: 1) how much youre spending, and 2) how many new fans youre generating. Once again, a successful rate is relative depending on many factors. Im thrilled if I can get 10 new fans per $1 spent, but that may not be realistic. If your product and page present a high barrier, you may be spending $1 or even $2 per fan. So you can go in with goals, but youll quickly realize what is reasonable. Compare the cost per connection to determine which of your campaigns are most successful, and ride those until they lose effectiveness. .