Facebook to expand video ads outside US
Video ads in the US has been strong, but FB declined to elaborate
San Francisco: Facebook Inc is expanding its new video advertising service, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company said.
The move marks a significant ramping up of one of Facebook’s most closely watched new advertising products, which analysts believe could help the Internet company capture a bigger slice of lucrative brand advertising budgets.
The 15-second video ads appear in users’ newsfeeds and play automatically with the sound muted until they are clicked on. Facebook began selling the ads in the United States in March to a small group of marketers including insurance company Progressive Corp and television broadcaster NBC, a unit of Comcast Corp.
Facebook said the performance of the initial group of video ads in the United States has been strong, but declined to elaborate.
As it did in the United States, Facebook is moving cautiously to roll out the auto-play video ads in its overseas markets to avoid annoying users. The company will initially work with a limited group of advertisers in France, Germany, Brazil, Japan, Canada, Australia and Britain starting next month. Each ad must pass a quality-control test that Facebook administers in conjunction with video analytics firm Ace Metrix.
Most of the commercials in international markets will not appear on Facebook’s website until September, as the Internet company spends several months working closely with marketers to ensure that the spots meet its quality standards, a Facebook spokesman said.
But he said that companies whose commercials are deemed acceptable could begin airing them on Facebook in June, in time for the World Cup international soccer tournament, a popular event for brand advertisers.
Video ads, along with ads on the Facebook-owned Instagram, are among the new businesses that analysts believe could turn into important money-makers.