Facebook Updates: Multiple Profiles, Ads, AI Assistants, and More
Oct 7, 2023
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Social media expert Jerry Potter and marketing professional Allie Bloyd discuss Facebook's latest updates including multiple profiles, AI tools for ads, and the shift towards allowing multiple personal profiles. They explore the implications of creating multiple profiles, the impact of generative AI on social media platforms, and recommend staying updated on social media changes by attending the social media marketing world event.
Facebook introduces flexible ad budget scheduling to maximize results during peak times.
Meta considers a potential ad-free Facebook platform in the EU to overcome revenue limitations due to privacy regulations.
Deep dives
Facebook Ad Updates for Budget Scheduling and Machine Learning
Facebook is introducing new features for ad budgets, allowing marketers to schedule budget allocations based on specific periods of higher traffic or engagement. This flexibility allows businesses to invest more in ads during peak times, such as the holiday season or weekends, to maximize results. Additionally, Facebook is integrating more machine learning options, like Advantage Plus shopping campaigns and Advantage Audiences, which leverage data from ad accounts and pixels to automatically optimize targeting. These features offer both great potential for cost-effective advertising and new challenges for marketers to adapt to the changing landscape.
Meta's Consideration of a Facebook Without Ads in Response to Privacy Regulations in the EU
As privacy regulations regarding data usage tighten in the EU, Meta (formerly Facebook) is exploring the possibility of a Facebook platform without ads. This comes as a response to potential limitations on advertising revenue within the EU market. While Meta is reluctant to introduce such a significant change, they might face the need to monetize the platform differently if regulations restrict their ability to generate ad revenue. The success of an ad-free Facebook model in the EU would depend on user adoption and whether users are willing to pay for an ad-free experience or accept less personalized ads.
Facebook Business Pages' Meta Verification and Its Potential Benefits
Meta verification, initially introduced for personal profiles, is now being extended to Facebook business pages. This paid service offers increased support, identity protection, enhanced search visibility, and the ability to create discoverable landing pages on WhatsApp. While Meta verification has been met with mixed reviews, businesses may find value in the additional troubleshooting options and increased search visibility. However, Meta may need to provide clearer details on the perks being offered and ascertain the level of ad support businesses would appreciate to make the verification service more compelling.
Introduction of AI Stickers and Personal AI Chatbots on Facebook
Facebook is unveiling AI stickers, which allow users to create personalized sticker prompts for expressing various emotions. Although primarily designed for enhancing chats and stories, their impact on business marketing is yet to be determined. Additionally, Facebook is introducing AI chatbots based on various personas, including cultural icons like Kendall Jenner and Tom Brady. While the objective is to offer users a more engaging AI experience, it remains to be seen if people will prefer interacting with chatbots that possess discrete personalities and opinions. The success of these features depends on user adoption and the level of interest they generate.