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Blake Beus 0:00 But we're recording. Right? All right. Oh,
Greg Marshall 0:06 Blake, what do you think? So you've got the topic of the day, you said this to me yesterday. And I thought, interesting timing, because I've been seeing some of these things and the ad accounts, and I've Yeah, my theories, and I have yours,
Blake Beus 0:20 we're gonna talk about this. And a lot, a lot of people have a lot of crazy theories about how, you know, the algorithm, or all of these different things work. And some of those could be true, some of them might not be true, but I'm gonna read this actually word for words, so we can pick it apart, because there's been lots of discussion about what's actually going on here. So Facebook, came out with this announcement, starting today. I'm quoting, starting today, if someone does not have their Facebook and Instagram accounts linked in accounts center, we will consider those accounts as separate people for ads planning and measurement. A lot of advertisers are reading into what this might mean. And first and foremost, you might be listening to this thinking, what is account center? Yeah, and I'll be honest, I'm in Instagram, Facebook all the time. I didn't know what a cat senator was either. Yeah, I didn't even know it was a thing.
Greg Marshall 1:17 Well, I've heard of it. And I also don't really know, what their meaning by Account Center, and the structuring of that. And so just hearing that makes you wonder, well, if I'm in it all day, and urine all day, how does my mom now or you know, someone who barely uses social media?
Blake Beus 1:40 Exactly. And so what they're saying is, if the accounts, if your Instagram or Facebook account aren't LinkedIn account center, then they're going to count those as two separate people for reach and estimated audience size and all of these things. And based on just some loose data, I'm going to guess nearly everyone does not have those accounts, Leah, and so you might start seeing potential reach numbers go up, which would cause your CPMs to go down? Even though not really you're only reaching the same person just on different platforms, if you're running ads on both Facebook and Instagram.
Greg Marshall 2:21 Well, one one thing now that you say that one thing that maybe test is when you run your ads, do more manual placement. Yeah, so actually say, Show this ad on Facebook only? And show this ad on Instagram? Oh, yeah. And just compare the reach, and then test them both together and see if they're somewhat similar. Because one of the things we talked about yesterday, the potential issue with this, I guess, from an advertiser standpoint, you know, I'm running a lot of ads. I know you run a lot of ads. You know, the CPM is one of the numbers, the CPMs, which is the cost for the traffic has gone up. I also find it conveniently coincidental that it's happening during the most expensive time of the year. Yeah. Which is the fourth quarter Hmm. Which makes me think advertisers must be either leaving the platform or panicking about the cost of the traffic that they're getting. Yeah, that maybe they're the there's a change to make it to make us advertisers possibly feel slightly better about what we're spending, right. And I I get both sides do not want to make it sound like everything is always bad on one side. And we're the you know, the good side versus the bad, but more of what is what are the incentives? What should we be paying attention to? And just kind of like the episode, we just did control what we can control? Yeah. And try to make the best of what's available to us. So that's, that's kind of my thoughts. But what are your thoughts about that? That's my first thought is, if they want to drive CPMs down, and it's the fourth quarter. It's just coincidental that this change is happening right now.
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