Facebook's new pitch to brand advertisers: forget about clicks

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Monday 1st of October 2012 09:58:49 AM

Facebook's new pitch to brand advertisers: forget about clicks
(Reuters) - Facebook Inc, stung by doubts that advertising on the social network delivers enough bang for the buck, is preparing to unveil data to counter its critics and show that 'clicks,' the current metric of choice, tell only half the story.

The world's No. 1 social network, embarrassed just days before its IPO when General Motors declared it was pulling the plug on all paid advertising on its network, will argue that big-brand marketers should abandon the industry's obsession with numbers of clicks and focus on more effective advertising techniques.

Fewer than 1 percent of in-store sales tied to brand advertising campaigns on Facebook come from people who clicked on an ad, according to a new study that Facebook has conducted through a partnership with Datalogix, a data mining firm that tracks real world retail sales.... Source/Origin >> Read More

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