Facebook
and Google might be top of mind companies for social networking and searching,
but both brands also offer worldwide-recognized advertising networks.
For
advertisers looking to leverage either networks, the following ad differences
should be closely examined: reach, revenue/growth, advertising performance,
targeting, and ad formatting.
Ad Reach
“Facebook
is the world’s largest social network comprising over 845 million monthly
active users” (Ecommercecircle.com, 2012). Facebook is able to reach 51% of all
Internet users (Ecommercecircle.com, 2012).
“Google
is the world’s largest online display advertising network, comprised of Google
properties including Youtube, Blogger, Gmail, plus 2 million other websites”
(Ecommercecircle.com, 2012). Google is able to reach 90% of all Internet users
(Ecommercecircle.com, 2012).
Ad
Revenue/Growth
In the first
quarter of 2012, the Google Display Network had $2.9 Billion in revenue, which
excluded 7B in revenues from Google Search (Ecommercecircle.com, 2012).
The first
quarter 2012 Facebook revenues were $1.06 Billion, which was 6.5% lower than
the fourth quarter of 2011 (Ecommercecircle.com, 2012).
Advertising
Performance
The
difference between Facebook and Google Adwords all comes down to the click
through rate. “The average CTR of an ad on the Google Display Network is 0.4%,
which is almost ten times as high as a Facebook Ad” (Ecommercecircle.com,
2012).
Ad
Targeting
Facebook
is the better platform for advertisers to leverage if a brand needs to gain
visibility, or interest with a new customer base. Once a brand forms a “like”
presence on Facebook, a brand tribe forms.
On the
other hand, Google Adwords is better for advertisers selling specific items
because people turn to search engines for specific solutions (Thompson, 2012).
If Google Adwords was leveraged, advertisers would be able to target the people
looking for their products and services (Thompson, 2012).
Ad
Format Differences
Facebook
offers advertisers two ad format choices, either a Facebook Ad or a sponsored
story. Google, on the other hand, offers advertisers options, which include: text
ads, image ads, ads in videos, and ads in mobile web or games
(Ecommercecircle.com, 2012).
Once a
platform is chosen, marketers should focus on the goals behind the
advertisements. Howard Luck Gossage offers this sound advice to online
marketers, “The real fact of the matter is that nobody reads ads. People read
what interests them, and sometimes it is an ad” (Thompson, 2012).
By
closely examining both networks, a brand would be able to choose the platform
that best suits the interests of their viewers. “The goal of advertising is not
to gain the most visibility; it is to attract the most attention” (Thompson,
2012). Brands able to leverage an advertising networks full capability would be
able to produce ads of interest instead of ads for the sake of visibility.
Resources
Thompson,
Alexis. (2012). Facebook ads or google adwords: which one’s for you?
Retrieved
February 4, 2012 from
http://www.problogger.net/archives/2012/07/26/facebook-ads-or-google-adwords-which-ones-for-you/
Retrieved
February 4, 2012 from
http://www.ecommercecircle.com/files/facebook-vs-google-display-network.png
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