" />
Social Media

Facebook ad prices increase by 74% as demand soars

Facebook ad prices increase by 74% as demand soars
darren.mccarra@sociable.co'
Facebook has 687 million users

Facebook has 687 million users

The cost of advertising on Facebook is rising fast as more and more large brands allocate greater marketing resources to their online efforts. A recent report published by TBG Digital, an independent marketing firm specialising in Facebook advertising campaigns, suggests that the average Facebook ad CPC (cost per click) rate increased by 74% in the past 12 months.

In four of Facebook’s largest markets, the US, UK, France and Germany, the average Facebook ad CPC increased by 74% between Q2 2010 and Q2 2011. For the same period, the average Facebook ad CPM (cost per thousand impressions) increased by 45%, while in the UK alone, Facebook’s ad CPM rate increased by 60%.

The report reveals that the number of brands undertaking marketing campaigns on Facebook has risen by 104% between Q1 2011 and Q2 2011. TBG Digital case studies also found that brands witnessed a 435% improvement in brand conversion rates when they target advertising at existing Facebook fans.

The retail industry represent the most successful brands employing Facebook as an effective marketing tool, with the highest, although unrevealed, click-through rate on ad campaigns, and now account for 36% of all ad impressions served through marketing firm TBG Digital.

View Comments (1)

1 Comment

  1. Pingback: Is Mobile Advertising The Cure for Soaring Facebook Ads Prices? | Mommy Ads

Leave a Reply

Your email address will not be published. Required fields are marked *

Social Media
darren.mccarra@sociable.co'
@darrenmccarra

Darren McCarra is co-editor of The Sociable. He has a keen interest in photography, all things mobile, and writing about technology and social media. You can follow him on Twitter, Facebook and Google+.

More in Social Media

federal reserve

Why the hell did the Federal Reserve create a Facebook page? A troll’s paradise

Tim HinchliffeAugust 24, 2016
lifestage

Facebook’s Lifestage app for teens is ripe for untapped data collection

Tim HinchliffeAugust 22, 2016
chatbots

Trove Market sends in the chatbots for Ecommerce home goods platform

Tim HinchliffeJuly 27, 2016
south sudan

South Sudan: How 1 Facebook post may have sparked 26K exodus to Uganda

Tim HinchliffeJuly 23, 2016
blocking whatsapp

What’s up with blocking WhatsApp? Information control in Brazil, Turkey & Zimbabwe

Tim HinchliffeJuly 19, 2016
turkey coup

Turkey coup: to control social media is to influence the outcome

Tim HinchliffeJuly 16, 2016
social experiment

Israeli social experiment: 1.2K Likes for Jewish ‘terrorist threat’, Arab summoned by police

Tim HinchliffeJuly 14, 2016
Social Hangout

Sup’s new social hangout works like a friend radar for meeting face-to-face

Oliver GriffinJuly 8, 2016
Web Hosting

5 Secure web hosting hacks for scaling successful social media campaigns

Guest ContributorJuly 6, 2016