Facebook And Native Ads–A Hidden Edge That Could Have Make You Rich

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Read From The Bottom Tweet!

I was drawn into this little series of tweets from Chris Mims, saying that having been a creator of ‘hot takes’, he knew that the trick–or one trick at least–was to appeal to the reader’s prejudices.

Having done quite a bit of affiliate marketing using paid traffic in my day, I’m sensitized to listen to the opinions of those who have been in the trenches. When you’re in that game you’re always seeking that (mythical) realization that could deliver you the sacred edge. It might come from anywhere, even a series of late night tweets…

I can’t ignore the larger implications of what’s happening here either.

We’re at a point where technology–social media in this case–is again changing the way we communicate.

Specifically: there is a gap between the ability of the tech to convey a message in a way that benefits the person who sent it, and the awareness or level of sophistication of the audience to understand on a basic level what the hell they’re looking at.

To be clear, the ‘people who sent it’ could be anyone from affiliate marketers to your local plumber to Russian operatives running through dozens or hundreds of Facebook accounts, staying active by swapping in farmed accounts as fast as they get banned.

So yes, the level of sophistication of the people doing the advertising varies widely, but at this time all benefit from their targeted audience’s far greater collective lack of sophistication.

Our collective difficulty is akin to illiteracy. It’s a basic skills challenge that’s not being handled by any sort of systematized understanding of these ad platforms, most notably (but by no means only) Facebook, native advertising platforms (Revcontent, Outbrain, AdNow, etc.) and Google properties.

We’ve had new forms of advertising burst on the scene rapidly, and it’s caused the kind of confusion (and manipulation) that springs from too many people being too unaware of the grammar of a new language, in effect.

It’s also made Facebook and Native advertising especially a potentially very lucrative playground for creative advertisers.

In this case the medium itself, lends itself to–it almost insists on–a blurring of the line between entertainment and deception.

It’s far too simplistic to say that “Fake News” is Facebook’s or the TV networks’ fault. When it comes to advertising, which funds everything let’s remember, the formats that are available to push an agenda are as potentially seductive as they are potentially deceptive.

Let’s look at Mims’ ‘hot takes’.

“The fastest way to go viral is to cater to the prejudices of your audiences. But it’s not serving anyone.”
“I’ll be honest: sometimes I miss hot takes though. It’s more performance art than anything.”
“Of course if you *really* want your hot take to go viral, write a ‘counter-intuitive’ take that just confirms your audiences biases.”
“All hot takes are social signaling. Which is also the function of sharing them. Facebook is not a news distribution medium.”

Note that Mims isn’t talking about products or political candidates at all. He is talking about attention, and how to attract it to your message in a way that scales.

Because the potential to scale here–what we mean when we say “virality”–is critical to this new language.

At any rate, ordinary people don’t hear musing like this from Mims often enough to get a sense of the situation from the other side. You don’t yet hear things like this articulated enough to beat back the current naivete of most people when they look at a native ad, or fail to understand that it isn’t Facebook that follows them around, showing them sponsored content…

And why would the ones who’ve been on the other side be particularly interested in explaining to you how the new grammar works? Keeping the general public unaware of what they are looking at keep the gap I mentioned earlier alive, and as wide as possible.

It is opportunity pure and simple–an edge. A profound one actually, that’s made a large number of people millionaires, and possibly played a big part in getting a candidate elected US President.

Think about what Mims is saying. It’s not about what’s happening or what you’re selling. It’s about telling a story via an emotionally provocative angle, pure and simple. An effective hook in a time of attention diluted so profoundly that phones are as vital to dinner time as food.

By the way, over time the sophistication of people reading these ‘hot takes’, viral headlines, intriguing images that defy one to click on them just to find out what in the world one is looking at, will rise.

Of course there will be more means to distribute scaled deception, seductive ‘hot takes’ too.

We’re seeing the start of this with software that allows us to alter video so that it looks like a person is speaking words they never said. We are already there with this tech, so my goodness imagine where we’ll be in 10 years.

We will simply not be able to believe our eyes and ears when it comes to video, and see aphorisms like “don’t believe everything you read” evolve into statements like “don’t believe anything that doesn’t happen right in front of you in the physical world”?

I don’t know how rational debates happen in a world where we can’t believe our eyes and ears, but I’d imagine it will feel a little like a juiced version of the skepticism people have had to employ for the last several decades when looking at or reading media reports.

A healthy skepticism as always, but amplified to match the potential deceptiveness of media, or more accurately, more powerful media in the hands of those who would manipulate.

This is not the end of the world, though it might feel like that for some people who cling to the media to provide some form of certainty. And isn’t that the point here?

That more than ever before you’ll have to do the hard thing and THINK critically.

Otherwise you will be simply a tool in the agenda of other people, marketers and most certainly people who promote politicians.

It’s as pointless to wring our hands over this as it would be to blame Facebook for taking money from anyone at all who wants to run ads…well at least under the current laws.

But all this naivete of course extends to our politicians, who aren’t likely quite yet anyway to really understand Facebook and native advertising, and are no doubt incentivized to look the other way anyway.

It’s ironic that a growing number of them will have been helped in their election campaigns by people who certainly did understand the details of  modern advertising/targeting/audience segmentation etc. works.

They, the ones who need to regulate new advertising just as TV, radio, etc. has always been, are still taking advantage of this gap between the sophistication of advertisers’ messaging and the understanding of the platforms delivering those messages had by the general public.

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Why Understanding Ad Targeting Is All The Edge You Need

Facebook targeting benefits 1From my talks with clients I’ve concluded that there’s a huge gap between what ordinary people (including business owners) assume about online marketing generally (and paid CPC/CPM specifically), and the improved methods new marketing technology offers to promote whatever you, a client, or even a political candidate needs to get in front of people.

Not to be too hard on Michael McFaul, a former US Ambassador to Russia, but his tweet is another data point that shows how even academics can still be unaware of better ways of understanding large groups of people, and affecting their behavior.

Polling is analysis. I’d never suggest it should go away. But I don’t understand why people obsess so much over polls when we now have tools that combine analysis with marketing.

Spending money and effort on methods that use that combination are insanely effective. For proof look no further than the market cap of two of the largest companies the world has ever known: Google and Facebook.

You don’t think it’s the love of cat videos that brings in so much money do you?

If I had to use one word to describe the difference between old-school commercial advertising/political polls and modern methods, it is targeting.

Sure, basic ad targeting has existed for 100+ years. I’d argue that targeting today is so different from what it was before the rise of modern ad tracking that it deserves another term altogether.

Now I haven’t made a million bucks with Google Adwords, Facebook ads and mobile ad buys, but I have spent into 5-figures USD of my own money on online advertising for affiliate campaigns, and more for client work running campaigns using each of these traffic sources.

So, right or wrong, I at least have some hard-won opinions.

There are two reasons why targeting makes marketing a different game than it used to be.

One is that we can point our marketing campaigns at specific cross-sections of our overall audience.

A person over the age of 50 with an interest in old muscle cars might respond best to marketing angles for car insurance which would work far less well with a person for whom a car is just transportation, and vice versa.

We can now know exactly what segments of the people in front of whom we are putting ads are responding to our ads and taking the action we’re hoping they’ll take.

It’s hard to put a value on this granular control over messaging.

Second, with this control over message/audience matching we have the ability to refine our ad campaigns over time, tracking user responses and data then making new campaign iterations with the goal of improving conversions and our return on the money and time we invest to get those conversions.

So if you think about this little thumbnail sketch I’ve offered, you can see intuitively some of the power that target/refine/target/refine etc. as a process has.

In the event that I’ve piqued your interest, maybe I’ll go just a little deeper.

There is an old advertising adage that goes: ‘Half of all ad dollars are wasted. But not one knows which half.’ This has been totally turned on its head today.

Rather than just indiscriminately broadcasting ads via old media like radio or TV, you can—actually you MUST, because you can—know exactly who you are paying to put ads in front of.

You can target far more than demographic characteristics too! Any company selling you space for your ads like Facebook, or Google and other ad networks, has extensive data on the interests of users, their location, a ton of detail about the devices they’re using, the apps and websites they’re spending time on, etc.

If you’re a marketer certain segments of these users will respond to your campaign better than others. Naturally rather than spreading advertising dollars even across the entire spectrum of users, you’d like to spend money to reach people who respond best.

In practice, as I say this opens the door for you to create different campaigns for users with different combinations of demographic, interests, device, location, etc. details. With enough effort, over time you can construct (“Winning campaigns are made, not found” said a very smart affiliate marketer, or words to that effect) campaigns that maximize the effectiveness of your ad spend.

You’ll never be done refining and optimizing the ads you’re using and the targeting you continually test.

Today’s winning campaign might well be next month’s tired, ineffective set of banners that everyone has seen. But with a good offer, and the right amount of creativity and analysis of what is and isn’t working, you stand a chance–over time–of getting a positive return on what you spend on ads, even after accounting for the expense of your internal marketing team, or the agency you have managing your campaigns.

In the next section I’ll cover what a lot of people think is the very best use of your advertising spend nowadays.

1000% ROI–and even more–is attainable with this type of paid campaign, and there is virtually no business that shouldn’t be testing it in 2017. Do you know what it is?

 

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