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Ultimately this should hurt Facebook if advertisers are tracking ROI they may just stop campaigns and go into other channels entirely.
by quickthrower 9y ago
Ultimately this should hurt Facebook if advertisers are tracking ROI they may just stop campaigns and go into other channels entirely.
- briandear 9y agoOne would think, but I think big brands don’t care. They are after “awareness” and not actual conversions. It’s like TV, how does one measure the ROI on a national Coca Cola ad? (I actually don’t know.)
- quickthrower 9y agoIn that case the Instagram ads may be delivering some value!
- nocoder 9y agoWhat you seem to be saying is that Instagram is a good brand building platform over the longer-term vs platform to generate leads and transactions over the short term. Unless, there is a study to prove that I am not too sure. I usually find media agencies and platforms make this argument when they cannot justify the RoI of their platform in a direct and measurable sense. It is much like how Google tries to prove effectiveness of its display ads using a fuzzy metric called view-through impressions. On the coke bit, coke actually does measure the RoI on its TV using a mix of brand track studies and marketing mix modelling. I know this because I have worked with agencies that Coca-Cola engages to do both and is really scientific and serious about it.