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Longstanding investor in Looksmart (and a 70 yr old ex-tradesman), who has a passionate interest in the problems of newspapers along with their success in all their monetisation attempts made, on the web. For the "times are indeed, a changin", I feel. [17th of Aug, 2011 - Print media... More
  • LOOKSMART - - Is Facebook's Application, Programming-Interface? 3 comments
    Aug 28, 2012 7:32 AM

    Less than a week ago I had advised readers here on my instapost that it was likely Nanigans will provide "Facebook Performance Advertising".

    [In fact] .....my above-linked post tells all, that:

    <We've recently been told that among the growing number of Facebook Exchange RTB partners there are just two who continue to remain as being Facebook ads - application-programming-interface partners.

    Described as being a "Facebook Performance Advertising" company we already know that Nanigans, Inc. is one of those two!>

    (click to enlarge)

    In an article from TechCrunch (posted just 3 hours ago), what we are told almost certainly confirms my own conclusions. -- The news (in relation to what I believe to be a next step-a coming to Facebook of my talked of [exclusive] Looksmart marketplace's 'search intent' based targeted ads), is all good.

    The [Josh Constine] article is mainly focused on what are the commonly known standard cookie based Retargeted Ads. He does include both the above two as being among six more DSPs to join Facebook's Exchange partners & a launch of this (Facebook's) New Retargeted Ads program.

    Facebook continues (& has that need) to protect it's User Data

    The Josh Constine article advises of this as being so:

    < "Facebook is not currently allowing Exchange partners to layer its standard biographical ad targeting parameters on top of retargeting.

    ...................That means a DSP can't say it only wants to target users who've received a cookie & are 25 to 45 year old males. This might be because Facebook refuses to give personally identifiable data on its users to advertisers. ..... If it allowed the coupling of standard targeting and retargeting by admitting partners who do both, those ad platforms might then be able to deduce characteristics of Facebook users & combine them with cookie-data to create stunningly accurate profiles of visitors to their site.">

    Josh then adds:

    <"But a different source says Facebook does want to let advertisers combine retargeting & bio data so they can serve more relevant ads on Facebook.com as long as it's in a way that doesn't jeopardize user privacy." >

    [Jeopodize user privacy? How about eliminating all channel conflict in targeting anonymous users across a ONE open marketplace in what is or, becomes an independent 'black-box' RT affair between an advertiser, a publisher and the targeted user? - - That is eliminating click-fraud along the way? ...Yes..[at Looksmart]..."we follow users showing search intent." - "we are looking at the IP.. [of]..the individual user".]

    And the important suggestion relating to the above (from a Looksmart POV) in this article (of Facebook), is the following advice, that:

    < "It may be setting itself up for once it's figured out how to do that, as now Facebook has allowed Nanigans and Optim.al, two existing Ads API partners into the Exchange program. The presence of Nanigans & Optimal in the Exchange program may indicate that when Facebook is ready to combine targeting options, it wants experienced Ads API partners ready to test it.">

    Now go back to the importance of Nanigans' new COO Marc Grabowski's statement-and what it surely means in his saying that:"Nanigans isn't a marketplace. Nanigans is plugging into a marketplace." (No doubt many may quickly assume this to be, Facebook's Exchange- if ultimately not proving to be a 'classic', in Freudian slips?).

    LOOKSMART - Facebook's application-programming-interface?

    Not only do I see a Looksmart role (for, that/an independent involvement with Facebook-and through both Nanigans and Optim.al-plus others), it was back in January (see the bottom of the linked post) when the two following thoughts were posted:

    Won't Facebook [also] be requiring its very own pathway or, an access for it's advertisers into this (my own, now much talked of global) OPEN performance marketplace, is the question?

    Since my noting a Facebook move to Kitchener Canada (Looksmart have also opened up 'shop' there), the 'Guru of search' (John Battelle) has come out with his own new year's predictions - including the market seeing in 2012 ....... "Facebook announcing and launching a web-wide advertising network along the lines of Google's AdSense."

    Always - only my own opinions expressed here. - DYOR.

    LOOK: $0.9889 Down 0.0011 (-0.11%) Aug 24, 3:55PM EDT

    ($0.94 Aug 27 4:00 PMEDT)

    LC

    ps; Sara Livingston's (sour grapes?) Tweeted comment.....

    sara livingston ‏@saralivingston

    TC should really just be banned from (trying to) cover ad tech at this point http://techcrunch.com/2012/08/25/facebook-exchange-retargeting/

    pps; Rob Leathern, CEO of http://optim.al tells....

    Why Facebook is the Most Disruptive Force in Advertising

    (Check http://Optimalkeyword.com)

    Disclosure: Long LOOK and excited about the road ahead!

    .

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Comments (3)
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  • LookingConfident
    , contributor
    Comments (921) | Send Message
     
    Author’s reply » .
    The question has been asked in this article from TechCrunch ..."Is Facebook Testing Out New Newsfeed And Skyscraper Display Ad Units In New Zealand?"

     

    < A reader in New Zealand has sent us some screenshots (embedded below) that appear to show Facebook placing ads in two new areas on his page: a skyscraper on the left side (not the right) and an enlarged, display ad directly into a users’ timeline.>

     

    It's all interesting!

     

    http://tcrn.ch/S0IOJt
    30 Aug 2012, 03:22 AM Reply Like
  • LookingConfident
    , contributor
    Comments (921) | Send Message
     
    Author’s reply » .
    "Nanigans: Facebook Search Ads Cost Less, Perform Better Than Marketplace Ads"!!

     

    Facebook's new search ad product, "Sponsored Results," are much cheaper and much more effective than its regular "Marketplace" ads, according to data from Nanigans, the Facebook media management company.

     

    Sponsored Results have a higher click-through rate and a lower cost-per-click than display ads, Nanigans found. The new search ad product was launched last week.

     

    http://bit.ly/QDsdtD

     

    LC
    .
    30 Aug 2012, 10:32 AM Reply Like
  • LookingConfident
    , contributor
    Comments (921) | Send Message
     
    Author’s reply » .
    Facebook Names Nanigans ‘Strategic Preferred Marketing Developer’

     

    < ...........“We look forward to continuing to develop software that maximizes value from the Facebook advertising ecosystem, helping our advertising partners measure and optimize their Facebook ad spend for lifetime customer value.”

     

    .........Nanigans’ Ad Engine delivers over 2 billion Facebook ad impressions every day and manages nine-figures of Facebook ad spend annually. The Ad Engine empowers large-scale performance advertisers on Facebook in sectors such as ...>

     

    Announcement: http://bit.ly/QupBh1

     

    More: http://bit.ly/RnfVo0

     

    LC
    .
    28 Sep 2012, 06:14 AM Reply Like
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