Facebook’s New Advertising Strategy Is Brilliant and Unexpected (by L2: A Think Tank for Digital Innovation)

via L2: A Think Tank for Digital Innovation by Lauren Proctor)
October 24, 2011 at 04:00PM
http://l2thinktank.com/blog/2011/10/facebook%e2%80%99s-new-advertising-strategy-is-brilliant-and-unexpected/

Facebook’s ad strategy is becoming clear. And it’s not only brilliant, it’s unexpected. Facebook’s strategy, like Google’s, is to not only improve its network and experience, but improve the advertising as well. Now, that’s not so clever, admittedly. The really interesting part is the way Facebook plans to improve it: by making brand Pages better.

Why? Facebook doesn’t make a dime on any of the Pages set up by advertisers. As a marketer, you could do quite well for yourself by running a brand Page and never buying a single ad. But you could only do so well. The reason you will have to buy ads on Facebook goes to the heart of why you need to advertise in the first place.

A few years ago, I wrote a story about the marketing for Star Wars: Episode III — Revenge of the Sith the last movie (by release date, not chronologically) in the Star Wars franchise. I was genuinely baffled as to why Lucasfilm was putting such a heavy advertising push behind the movie. I mean, after all, didn’t everyone who cared already know that the movie was coming out? (Mashable)

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