Video Ads On Facebook The Solution For Advertisers?

The short answer: Nope. All Facebook is doing here is putting lipstick on a pig.

I’ve said this many times. Facebook’s problem is that it’s website is not a destination for where people go when they’re looking for things. Google is one of them. Even yellowpages.com is one of them.

Facebook’s main problem is that the clicks cost way too much money. People advertise on Facebook paying for the clicks because they’re told they need to. That Facebook is the next big thing. But the clicks to calls conversion is too low for advertisers to make money.

In reality, Facebook is no different than any other display advertising network that charges $0.05 for a click when Facebook charges $1.00. Google can get away with charging $2.00 to as high as $10.00 a click because the clicks to calls conversion rate is way higher. Why? Because people purposefully go to Google to get something done. People click on the Facebook ads out of happenstance.

Now Facebook wants to bring video in the mix thinking that this may be the next big thing,┬ábut the same problem remains. People will watch the video and may click the ad out of curiousity, but it doesn’t mean they have a need for what the advertiser is selling.

If you’re a small business, don’t give your money to Facebook. Please. Let the bigger companies figure out how to use Facebook to increase sales. You might as well flush your money down the toilet! At least using the toilet won’t waste your time like Facebook will.

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