Facebook’s Q2 report makes one thing abundantly clear. No one can possibly predict what this company will look like, or what the Facebook user experience will feel like a year, let along 5 or 10 years from now. Sure, advertising is up 31% in 2015, but the user experience continues to evolve in ways none of us could have predicted. Digging into the Q2 numbers leads one to the inescapable conclusion that, just as you cannot step into the same river twice, you cannot experience the same Facebook twice. Yeah, it’s changing that fast. So fast, in fact, that the challenge is not to predict what it will become, but to simply stay current with where it is at the moment.
Let’s take a look at the very recent past. Video finally went mainstream on Facebook in the first quarter, (and how that has changed advertising for the top 100 brands is an early indicator of how political advertising is going to change in 2016). Digging into those numbers shows that some companies adapted far more quickly and successfully than others. It also shows that Facebook got it mostly right.
Video is now a major content type, and Facebook users seem to have taken the self-starting videos in stride. The new format has complicated metrics on the back end (which Facebook addressed this morning by shaking up their video ad options). “Likes” are down and “shares” are up, which one would expect as the type of content shifts. People share pictures and videos more often, and that also holds true with ads. Major companies also learned lessons that will help everyone. Simply Measured conducted a study of the Interbrand 100 and recently shared the results. For […]