How Can Facebook Crack its Advertising Problem?

So am I suggesting that Facebook throw up video ads for The Day the Earth Stood Still? No, though they might actually get a lot of views with some sort of relevant video ad. No, here’s what I’m saying:

1) Relevancy is not enough in advertising. It’s about relevancy and timing. You must catch a person at the moment he or she most desires a product. Lucky for Facebook, they have status updates, which is a close approximation to what people are thinking about at a given moment. Advertising on social networks should focus on time-based actions and then factor in relevant interests (i.e. favorite music), based on when the consumer last added it to his or her profile. This is part of why I believe Twitter could be lucrative - it is nothing but time-based updates. Plus SMS advertising does pretty well, if Twitter so chooses to include it.

2) Facebook must find ways to convince users to seek advertising. Damn, I must be nuts, especially with the advertising blindness of the Facebook generation, but the best advertisements are simple in message, easy to remember, and desired by consumers. Almost all movie trailers and some select TV ads continue to rack up YouTube views. This only helps to enforce branding and slowly change the mindset of the consumer.

To read more… : http://mashable.com/2008/12/15/facebook-advertising-solution/

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