Thursday, 8 May 2014

Foursquare CEO on Splitting Its App: 'At First, We Thought It Was Crazy'

Dennis-crowley
IMAGE: ERIC PIERMONT/AFP
Foursquare co-founder and CEO Dennis Crowley spoke on stage for the first time since the company's major announcement that it will split the app into two. "At first, we thought it was crazy to do this, but it makes total sense," he said.
During the New York Ideas conference in Manhattan on Tuesday, Crowley explained the initial apprehension about the split.
Last week, Foursquare announced it would launch a new app called Swarm for staying in touch with friends (and would focus on its signature check-in feature), and use the original Foursquare app for discovery. Swarm will launch next week, while the new Foursquare app will roll out over the summer, Crowley added.
"I wouldn't say we are deemphasizing the check-in," Crowley said.
"I wouldn't say we are deemphasizing the check-in," Crowley said. "We have gotten really good at making proactive recommendations, search and knowing where friends are (check-in), but we've turned into a swiss army knife type of product. We believe that the best apps out there are the ones with a single-case use that can be described in a sentence or tweet."
By simplifying the company's services, Crowley said each of the apps will be "much faster and easier to use."
Foursquare wants to place more emphasis on personalization and take the user's tastes into account, as well as opinions of trusted friends and experts.
"A lot of the stuff we are trying to build at Foursquare doesn't exist," he said. "One of the things that drives me nuts about searches is that if people do a search for a local restaurant nearby, everyone gets the same results — that seems so broken to me. We all have different tastes, friends and preferences, and no one has done personalized search like this in the real world yet."
Typically, local search is limited to answering your questions, but Foursquare is trying to add little touches that customize the experience.
"What if the phone was contextually aware of what you see on the street and where you were in a certain neighborhood or city?" Crowley asked. "You walk into a bar and get a pop up that your friend was here two weeks ago and they had the best dessert they've ever had in their life here, so you know you should get it."
Crowley also discussed growing Foursquare's business over the years.
"It's a lot harder than I thought it was," he said. "We thought we would have 10 employees and now we have more than 170. It's taught us all about how hard this can be and how patient you have to be for technology and the critical mass of people to catch up with concepts. It's more of a marathon than a sprint."
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Wednesday, 7 May 2014

Coming Soon: Video Metrics

With the goal of helping you better understand how people respond to your videos on Facebook, today we’re announcing that new video metrics in Page Insights and Ads Reporting are coming soon.

Today, as a Page owner, you can only see how many people started watching your video. When the new metrics roll out over the coming weeks, you will also see information like video views, unique video views, the average duration of the video view and audience retention. These new metrics are designed to help you learn what’s resonating with people and determine how to more effectively create and promote your videos on Facebook.
Here’s a look at some of the upcoming new metrics:

See video views and the number of people that watched your video
We’ll show both the total number of video views and the number of people who watched your video. A “video view” is defined as a view of three seconds or more and will appear for all videos, including those that come to life as people scroll through News Feed. We’ve also renamed the “video plays” metric “clicks to play video.” These register after a person has clicked to play a video and it has started.

Understand your audience and learn what’s working
The audience retention graph in Page Insights shows the level of interest in different parts of your video. Spikes in the percentage of views at a certain point may indicate that people are re-watching particular moments, whereas a dip could show the precise moment when most people lost interest and stopped watching. 
Page Insights View
These new metrics will also allow you to see the number of views that reached certain points in a video — 25%, 50%, 75%, 95% and 100%. This information can help you discover how your video is performing and help you determine where to place key messages.

Ads Reporting View
Using the “data breakdowns” feature in Ads Reporting, you can also learn how specific audiences responded to your video. For example, if females between 18 and 34 are a demographic you target in your campaign, the data breakdown will show the number of views you received from that demographic.

Availability
Video metrics will be available for all paid and organic videos uploaded directly to Facebook Pages and will roll out gradually over the coming weeks. To learn more, check out our video metrics definitions and best practices guide here.

Women Consider Friends' Opinions the Most 'Trusted Advertising’ Whether shopping for food, vacations or window treatments

It seems word-of-mouth means a lot when you are trying to separate a woman from her money. A Ladies' Home Journal study found that female shoppers value peer opinions over any kind of paid placement—and the vast majority of those surveyed said the experience of someone they knew directly led to a purchase decision.
Illustration: Carlos Monteiro











                                                                                                                                                       Source: http://www.adweek.com/news/advertising-branding/women-consider-friends-opinions-most-trusted-advertising-157413