Tag: facebook mobile marketing

A smartphone focused advertising network has now been launched by the social media giant.

At the F8 developer conference, Facebook unveiled and launched their new mobile marketing network that provides the ability to target users throughout the various applications that they use on their devices.

This also gives the ability to target them for advertising based on the data they have shared with the social network.

The new mobile marketing product has been called the Facebook Audience Network, and it gives brands the ability to place their advertisements on third party applications through the use of the intricate targeting data from Facebook. This network has been under testing by the social media giant since 2012. It will give advertisers the capability to use both custom units or the traditional standard form of banner ads.

This new mobile marketing network will place Facebook in direct competition with InMobi and AdMob.

It also adds a new way in which Facebook is competing with Twitter, as that other social media platform has already taken its own type of approach to smartphone based advertising after it acquired the MoPub ad network in 2013.

So far, though there have been many efforts and repeated high hopes regarding Facebook’s mobile advertising strategies, there have yet to be a great deal of large scale successes. This, despite the fact that the social media platform claims that there are one million advertisers currently using it to reach consumers.

The signature smartphone ad, which gives developers the opportunity to be able to promote app installations, currently makes up 59 percent of the ad revenue for the company as a whole. Last Wednesday Mark Zuckerberg stated that Facebook was behind a massive 1 billion application installations until now. He added that “I’m really excited about this Audience Network,” expressing that “This is really the first time that we’re going to help you monetize in a serious way on mobile.”

This mobile marketing network is one of a series of new Facebook features that are focused on providing advertisers on developers. It is also working toward a method that will allow one app to be able to link to another without having to use a mobile web page as a “middleman” along the way.

A recent news report issued by eMarketer has suggested that the social network is eating into the search engine giant’s share.

The size of the global mobile marketing share from Facebook, which had been just over $3 billion, last year, is now maintaining a steady climb and is expected to start to cut into the share that had previously been held by Google, said eMarketer in a report that it issued in recent news.

Combined, Google and Facebook make up more than 66 percent of the global mobile ad spend.

That figure is as of 2013, the latest complete year of data. That increased by more than double to reach $17.96 billion, when compared to the same statistic for 2012. At the same time, eMarketer’s mobile marketing report was quick to point out that “Google still owns a plurality of the mobile advertising market worldwide, taking a portion of nearly 50 per cent in 2013, but the rapid growth of Facebook will cause the search giant’s share to drop to 46.8 per cent in 2014, eMarketer estimates.”

Mobile marketing revenue at Facebook was worth 53 percent of Facebook’s overall ad revenue in Q4 2013.

This was a massive rise when compared to the year before. In fact, the portion of the mobile ad revenue rose by 23 percent from where it had been in the same quarter in 2012. Revenue from advertising, overall, had been 2.34 billion in the last quarter of last year.

The report pointed out that the size of the market share at Facebook in particular is getting larger. In 2012, it represented only 5.4 percent of the worldwide ad market. Last year, that had risen tremendously, to bring it to 17.5 percent of the global advertising market. The prediction that the report made for this year was that it will reach 21.7 percent by the time that it comes to a close.

The speed with which smartphone based advertising has taken over the ad revenue for the social network is indicative of its future. In 2012, only 11 percent of the net global ad revenues at Facebook were over the mobile marketing channel. Last year, that ballooned to 45.1 percent.