Eric Schmidt not a Fan of Facebook Ads

Last week, outgoing Google CEO Eric Schmidt dismissed the idea of Facebook as Google's main competitor, claiming that Facebook ads don't really displace search ads.

A Webtrends study of Facebook advertising explains at least one reason why Schmidt may be right: users burn out much faster on Facebook ads than they do on search ads.

The study looked at about 1,500 Facebook ad campaigns consisting of more than 11,000 ads, and found that average clickthrough rates decline by half in about two days. In other words, once a user has seen an ad a couple of times, they're very unlikely to click on it. The pattern of decay continues until the clickthrough rate gets so low that Facebook removes it, and the advertiser is forced to start over again.

Facebook rolls out 'Deals' service to the UK (Wired UK)

Facebook rolls out 'Deals' service to the UK

At an event in London, Facebook has rolled its "Deals" service out to the UK and four other European countries, allowing users to get discounts for checking into places. The Groupon-like service, which launched in the United States on 3 November, 2010, allows retailers to see when someone checks in to their store or restaurant, and potentially offer them a discount code. As most check-ins happen through the mobile phone, the service primarily revolves around Facebook's mobile app.

Facebook CTO Bret Taylor: “Mobile Devices Are Inherently Social”

Here at Inside Mobile Apps conference, Facebook CTO Bret Taylor talked about how mobile will be Facebook’s primary focus in 2011, mainly because “mobile devices are inherently social,” he said. Currently Facebook has 1/3 of its almost 600M user base (200M) on mobile devices and Taylor says that Facebook mobile users are 2x as active as Facebook web users.

Taylor thinks of Facebook as a horizontal platform i.e. easily accessible. One big goal for Facebook is reducing friction on mobile and extending Facebook engagement to all devices, and Taylor brought up the PS3, the iPhone and customized devices (but conspicuously not the iPad) as examples.

As an example of a frictionless solution on mobile, Taylor brought up Facebook Single Sign On and mentioned that social movie site Flixster had a 300% increase in usage after it implemented the feature.

As Facebook has already seen with Facebook Places, Taylor emphasized that the convergence of mobile, local and social is the most interesting locus of growth in the space and a trend to watch as it deeply integrates real life with the social graph.

Information provided by CrunchBase

Facebook | Introducing Deals

Everyone likes getting a good deal, but it's not always easy to find the right one at the moment you could use one. Imagine that while you're looking for a new place to try for lunch, you could see offers from restaurants nearby on your phone. On the other hand, I already love Zachary's Pizza, so imagine if I were rewarded for coming back there every week with my friends.

Starting today, local businesses will be able to offer you deals when you check in to their place on Facebook. Deals will be rolling out over the next few days and will only be available in the United States at this time.

We launched Places to let you share where you are with your friends and see who's nearby. Now with Deals, you also can see what offers are nearby and share those deals with your friends.

Finding deals near you is easy. On touch.facebook.com or the latest version of Facebook for iPhone, touch "Places" and then touch "Check In." Nearby Places with deals have a yellow icon:

 



When you touch the Place, you can view the deal and check in to claim it:

 

Facebook pulls plug on ‘threatening’ testicular cancer ad

Amid the countless racy images posted on Facebook, you will not find a Toronto Public Health ad warning of the dangers of testicular cancer.

The wildly popular social network website has censored the public service announcement for being a “threat” to its online audience.

When health officials recently attempted to place an ad on the website urging men to “check your package” for signs of the disease, Facebook officials took exception.

The advertisement, which features a male midsection alongside text urging men aged 18 to 35 to do monthly self exams, was deemed distasteful and “threatening” by Facebook officials, according to emails obtained by the Star.

Is Facebook Places Boring? Foursquare CEO Crowley Thinks So

In an article in the Telegraph, Crowley questions the new check-in service, arguing that there are "barely any incentives for users to keep coming back and telling their friends where they are". According to Crowley, "the only interesting thing about Places is that it has a potential audience of over 500 million people around the world" and its Foursquare's gaming mechanics that will keep the smaller (just over 3 million user) service in play.

On the surface, we can agree - it can be fun to get points and badges declaring that, because we've been to three different bars tonight, we're on a "bender". The places in Facebook barely have descriptions, there are no nifty icons or drawings of them, and there's no way to add "tips" like in Foursquare or take pictures, like in Gowalla.

But there's an up-side here and it's not just Facebook's 500 million people - for me, it's my 700+ friends that I already update on this sort of activity. As we've said before, real-world interaction is where it's at when it comes to these check-in services and a big part of that can be interaction with the people we know.

For the early adopter set, maybe Foursquare or Gowalla worked out, because all of your friends actually were using the service, but for some others, it felt like an empty experience - you check in, get a badge or a virtual mocha, and that's that. Already, the generic look of the check-in on Facebook (it looks pretty much like a status update with a place tagged on to the end) has led to far more interaction and commentary from friends than any Gowalla or Foursquare check-in, which to many probably looked like spam from yet another app they didn't care about. But now, if the service can spread to even more of our friends (which it already has), then it immediately becomes more interesting simply by way of being useful.

Facebook Places has a long way to go, for sure. It looks and feels generic because it is. It lacks features. It's bare bones. But let's not discount the value of people to make a service interesting - without them, it's just a website nobody visits. And besides - maybe I don't really want a "crunk" badge displayed for all to see. I want to know that my buddy Joe is just down the way, but I wouldn't know that with Foursquare, because Joe doesn't use Foursquare, but he certainly uses Facebook.

Update: Dennis Crowley has denied calling Facebook Places boring on Twitter, saying "FYI, I didn't call FB 'boring', reporter misquoted me. Not the first time". Crowley also left a comment on the original Telegraph article saying "I feel as if I was misquoted by the reporter here and that this headline misrepresents my viewpoint." We have to wonder, though, if he "feels" he was misquoted or if he "feels" that he shouldn't have called Facebook Places "boring" to a reporter. Hmm.