Is your business advertising on Facebook? You're certainly not alone – Facebook has today announced that they've reached 3 million active advertisers on The Social Network, and growing.
To put that in perspective:
The announcement is a major one for Zuckerberg and Co, and one that will be cause for concern at Google and parent company Alphabet. As exemplified in this chart from Macquarie Research (published last year) the growth of Facebook's ad business has been rapid, and has the social giant on track to match, or even supersede, Google in the very near future.

The capacity for Facebook to grow outside of the US is a key element within the company's wider goals, both in regards to ongoing opportunity and market dominance – Zuckerberg himself recently noted that he's looking to have 5 billion users on Facebook by 2030, which would equate to more than half the estimated global population by that time. If Facebook even comes close to achieving that target, the amount of user data to which they'd have access would be simply staggering – already, Facebook knows you better than your friends, your family, even your partner. Imagine that understanding at an even grander scale and you get a sense of the massive potential of Facebook's surging advertising business.
Given this, Google has good reason to be worried – their long-held position of power now looks to be under very real threat.
The fastest growing region for Facebook's ad business is South East Asia, with Vietnam, Egypt, Indonesia, Peru, and Turkey all recording the biggest growth.
To celebrate reaching the 3 million advertiser mark, Facebook's launched a new tool to help businesses tell their brand story in a simple and engaging way. Called 'Your Business Story', the tool enables any Facebook Page to create their own video celebrating their achievements, using content from their Facebook Page as the source material.
"We know it's not easy for many businesses to create ads and content, so we created a simple tool that helps them tell their business story to their customers. As part of the tool, businesses are able to upload their photos from their page, overlay with music (licensed by Facebook) and share "what they are in the business of" doing."
The process is pretty straight-forward (though it did take a moment to load on each step for me) – head over to the 'Your Business Story' Page and you can click on a button which says 'Create My Video'. From there, you choose which of the Facebook Pages you manage that you'd like to create the video about, then you're taken to the next stage, which is selecting relevant images for the video.


It's a simple video option, but given that video content on Facebook generates the highest amounts of both organic reach and engagement, and many smaller businesses, in particular, have difficulties in conceptualizing and creating video posts, it may provide some with a new option on this front, and it's worth exploring either way to see what you can do. Also, it's free, both of cost and obligation.
It's somewhat amazing to see how Facebook is changing the game in online advertising. Whereas Google has intent data, based on all your many searches, Facebook has more, in the form of your interests, your details, your interactions. In this sense, Facebook truly is the greatest source of customer insights and data we've ever had – there's so much data there that no one fully understands the extent of how it can all be used, how we can tap into those information streams to change the way we approach our outreach efforts.
But those efforts are changing. The capacity to track potential customers based on evermore intricate details and nuances is altering the way we think about how to use such triggers. Given the capacity of Facebook's insights to understand every detail about us, there's undoubtedly huge potential for all brands to use that information to establish clearer understandings of who their customers are, what leads them on their path to purchase, and at what points in that chain they should get in front of them (and what, exact, messaging they should use for that purpose). The complexity, however, is that no two businesses are the same – you have to start using Facebook as a research tool in order to ever get to any such level of understanding.
But it can be done. Marketers and advertisers everywhere are working it out with evermore intelligent data tracking and behavioral correlation measures. And as such tools evolve, so too does Facebook become a more important and more valuable platform for such purposes.
Zuckerberg and Co. have three million advertisers now, but I'd be willing to bet that number continues to increase as more businesses develop their knowledge of Facebook data, and more consumers continue to use the platform as a key connective utility within their day-to-day lives.
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Original source: Facebook Reaches 3 Million Advertisers, Launches 'Your Business Story' Video Tool.
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In a recent blog on Social Media Today, the author argues that not all organizations should embrace social media particularly those industries that are not "social-friendly." He offered an example of a mental health care provider who likely won't have their content shared because it's personal in nature. I disagree. Sharing content is just one piece of the puzzle and I don't think this is a reason to avoid social media. In fact, I would argue it's a reason FOR using it.



One of the key ways LinkedIn will be looking to improve, following their most recent disappointing earnings forecast, will be through the increased utilization of their data. LinkedIn now has more than 414 million members worldwide, and along with that comes an unprecedented amount of professional and career-based information – education, job progression and advancement trails listed throughout each and every member profile. With access to such insights, LinkedIn can create new solutions for recruiting, career advancement, learning – the list goes on – and another area that LinkedIn has capacity to advance the conversation is in ad targeting.
If you've ever traveled on an airplane, you've heard the advice to "secure your own mask before attempting to help another passenger." That's a simple reminder we should take with ourselves more often.
Reviews can be a double-edged sword for businesses. They increase search engine visibility and give customers a way to learn more about a store or restaurant before visiting, but in recent years, local businesses in particular have become extremely susceptible to online reviews as customers rely on online research more than ever. If you own a business, positive online reviews can make the difference between a customer choosing to buy from you or a competitor.
If you're a social media manager and you're taking care of more than one account, you probably already know about TweetDeck. If you don't, now is the chance to get familiar with it – it's a great social media dashboard application where you can manage multiple Twitter accounts on the one interface.
One way you can use this is as a live Q&A column, displaying commonly asked queries via tweets. Whenever you receive a tweet with a question, you can drag it to your collections column and also add your answers/replies.
And now, Facebook's giving live-stream content a News Feed boost, with an update to their News Feed algorithm that'll see Facebook Live videos given more reach value when those videos are actually live, as compared to after the event. Facebook's research has found that people spend over 300% more time watching a Facebook Live video when it's broadcast live compared to after the fact, which is a significant variation, and one which they're keen to utilize to boost on-platform engagement with Live content.
This upset some live-streaming devotees – they felt that the point of live-streaming was that it provided everyone with a chance to share their experiences, and restricting it to celebrities somewhat missed the point. But Facebook's strategy actually makes good sense – part of the problem with live-streaming is the noise-to-signal ration is quite high, the basic reason being that producing entertaining live content is difficult, even for seasoned professionals. By opening their platform to celebrities only – people with large followings who can attract an audience to their live-streaming tool – Facebook positioned their live-stream offering for greater success. If Facebook could get enough high-interest, celebrity content into their live-stream content feed, that would then raise interest, overall, in their live-stream offering, meaning that when the tool is eventually opened up to more users, there'd likely be more interest from both individuals and brands.
As demonstrated in the above image, Facebook would be connected to your lounge room TV set, with a notifications box in the lower right corner of your screen alerting you to what your connections are watching, what they're saying about live TV events as they happen, and, quite possibly, notifying you about new content on Facebook. Like, for example, a new Live broadcast from your favorite celebrity or friend.

To stay ahead of the game, one of the main goals companies strive to achieve is to improve productivity. Increased productivity means higher revenues and a stronger bottom line. So how can you improve productivity in the workplace? In many of the same ways that you improve productivity on the sporting field.
The original "Choose Your Own Adventure" book was created by Edward Packard and titled the "Adventures of You." Between 1978 and 1998, it was a phenomenon for kids (and adults), because it was the first time the reader was given control over the outcome. With so many options to end the story, the unexpected twists brought the reader back to try it again and again.
This full public pendulum swing led to irate messages from an entirely different set of customers, these being pro-women's equality and pro-choice. In other words, by endorsing and then backing down on a principled endorsement of women's equality, Land's End ended up angering all of its customers holding positions on either side of this issue.
We absolutely love Twitter. It's become one of the most exciting places to be in social media and a lot of it has to do with the speed and pace the platform brings to engagement. Brands love Twitter too. They know it's a great place for customer service. Engagement is fast and effective.

The idea of an algorithmic timeline for tweets has been in discussion for some time – the actual roll-out and had even been leaked by BuzzFeed the week before the official announcement. BuzzFeed's report subsequently lead to the creation of a new hashtag – "RIPTwitter" – which was used by thousands of people to voice their displeasure at even the suggestion of such a change to how Twitter works.
It's an interesting example in itself – though I would question the resonance of such messaging – this particular tweet has no re-tweets, no likes and five total replies.
The immediacy and public nature of the platform has made it a go-to reference point for many people seeking to get their questions answered – ignoring this element could be a major error, and could be hurting your brand more than you think.
In the bestselling book, Good to Great: Why Some Companies Make the Leap…and Others Don't, author Jim Collins says: