Facebook Introduces ‘Relevance Score’ For Ads
6/10 - See Me After Class, Facebook
Facebook are once again taking steps to make the
ads featured on the site more refined, more tailored and more
appropriate for targeted users.
 |
| marketingland.com |
Think about the ads you see on Facebook on a daily basis. I’m
willing to bet that the large majority of the ads are just a tad useless and
appear to be more spam than anything, right? I've just refreshed Facebook 10
times and the ads have remained relatively similar with nothing that really
appeals to me. I mean, I don’t really have any desire to take my children to
Centerparcs next weekend. I don’t even have children. Not that I know of, at
least. What do you know, Facebook?
In an effort to help brands better work out strategies on
social media, Facebook are going to be giving them access to a ‘Relevance Score’
starting late last week. The score which ranges between 1 to 10 will show brands how
well the ad has performed for its targeted audience.
 |
| socialmediaexaminer.com |
The score is worked out on a ratio based on positive and
negative interaction and engagement with the ad. The list of interactions which
will impact this is quite long and can vary over time but Facebook insist that
it will be worked out based off of the ad’s objectives. Views and conversions will
play a base mark for the score though.
Relevance Score is different from other ads which have a guaranteed
delivery. For example, if you pay for reach and frequency ads on Facebook you
pay a set amount to reach a set number of users. Relevance Score can’t
guarantee how many people you’ll reach, but in turn it’s much cheaper.
Facebook
confirmed this in their blog post.
‘Relevance score has a smaller impact on cost and delivery
in brand awareness campaigns, since those ads are optimized for reaching
people, rather than driving a specific action like installs.’
Facebook also commented on the cost of relevance score and
said:
‘It can lower the cost of reaching people. Put simply, the
higher an ad’s relevance score is, the less it will cost to be delivered. This
is because our ad delivery system is designed to show the right content to the
right people, and a high relevance score is seen by the system as a positive
signal.’
This however leaves us to assume that Facebook are getting
better at showing ‘the right content to the right people’ and I’m still unsure
about their capabilities with this.
Essentially, Relevance Score will help advertisers work out
if their ads are working or not. They’ll be able to tweak their released ads
and pay close attention to their relevance score to see how their content is
being received.
We’ll just have to wait and see if Facebook can go any further
than just showing you what you recently searched for on Amazon.
Tom Welby
Contact us on Twitter, on Facebook, or leave your comments below. To find out about social media training or management why not take a look at our website for more info http://socialmediacambridge.co.uk/.
Tom Welby
Tom has a degree in Creative and Professional Writing and now he currently manages, edits and writes for this blog. His other interests include Arnold Schwarzenegger films and his dog. Follow him @TomAtSMF
Facebook Introduces ‘Relevance Score’ For Ads
Reviewed by Unknown
on
Wednesday, February 18, 2015
Rating:
Reviewed by Unknown
on
Wednesday, February 18, 2015
Rating:
Unknown
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