Facebook offers its advertising facility with Facebook ads. These can be noticed in the side columns of Facebook. These classic ads are more specifically known as marketplace ads. These include a headline and a copy, image, and click-through link to a Facebook app, a Facebook page, or a website. Facebook advertising can be a beneficial strategy to increase the overall reach, likes, clicks, and engagement. The advertising features of Facebook are as follows:
Demographic targeting
Ability to set budgets
Ad testing
Niche area advertisement ability
Built-in performance measurement tools
Using Facebook advertising for just increasing “Likes†can be extremely beneficial. Because once a user likes a page, they become followers of the business page, and the posts will keep appearing on their Facebook News Feed.
Best Social Networking Enhancement Steps by Facebook
Over time, Facebook has acquired many new companies and tops the industry in social networking. It comes under the Big Five technology companies by marking its place among Microsoft, Google, Apple, and Amazon. Facebook’s strategy is to buy potential rivals before they get big.
Developing Messenger: In 2008, Facebook developed Facebook Chat, then in 2010, it was revamped and subsequently became the standalone iOS and Android app in 2011. The messaging facility then separated from the Facebook app. It is now even available for desktop use. This app makes communication among random strangers possible over the web. This is very beneficial for businesses, as customers can communicate with brands that ORM then manages.
Acquiring Instagram: Kevin Systrom and Mile Krieger developed Instagram in October 2010. Facebook later acquired Instagram for $1.0 billion in 2012. Its worth now is around $100 billion. It is a new age platform preferred and used by many celebrities, even over its parent company. Various competitions and campaigns are held on Instagram, which greatly benefits the products.
Acquiring WhatsApp: WhatsApp was a revolutionary messenger service app that sorted the lives of people worldwide. People once had to pay for SMS, WhatsApp helped them quickly communicate with each other for free just over cellular data or WiFi. This platform has been minting money through its business and corporate plans. Because of its quick and preferred access, various organizations have been using it to connect with people worldwide.