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Exclusive Blog Posts

2017 Presidents Club Insights - Patrick McMullen

2017 Presidents Club Insights - Patrick McMullen

Listen to what Patrick McMullen from MAXDigital has to say about the future of automotive, what dealers can do today to prepare, and how DrivingSales Presi…

Five Tips for Selling Used or Certified Pre-Owned Vehicles

Five Tips for Selling Used or Certified Pre-Owned Vehicles

Selling used or certified pre-owned vehicles can be daunting task. With prices, laws, and competition varying across the country selling a pre-owned car fo…

What Motivates Your Employees to Perform?

What Motivates Your Employees to Perform?

Sorting through resumes, you find applicants who show potential. There are some with experience to walk on the job and set your service department abla…

How to Recruit the Best Talent for Your Dealership

How to Recruit the Best Talent for Your Dealership

Employee turnover can cost a dealership approximately $400,000 per year through lost sales, service offerings, new hire search, and training expenses even …

2017 Presidents Club Insights - Mark Brown

2017 Presidents Club Insights - Mark Brown

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Facebook Enhances Algorithm to Deliver More Video Content

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Last year, Facebook changed its algorithm to favor video content in an effort to gain market share in the very popular video content market. In fact, it’s done such a good job that daily video views increased by 400 percent – a huge rise over its September, 2014 numbers of 1 billion per day,  to an incredible 4 billion per day. That’s a significant rise in less than a year.

 

Now, as a further enhancement, at the end of June, 2015, Facebook announced that it is again making tweaks to its algorithm so as to better identify the types of video content its users want. In the past, Facebook’s algorithm tracked the types of content that each individual user liked, and subsequently delivered more of that type of content. For example, users that interacted with photo content the most would be delivered more photo content. And the same for video. However, it always necessitated action on the part of the user. Whether that action materialized as a like, share or comment, Facebook’s algorithm noted that and factored that into the content type it delivered to that person.

 

In a recent blog article, Facebook shared, “There are many times people don’t want to like, comment on, or share a post, but this does not mean it wasn’t meaningful to them. In an effort to capture that meaningful content without actionable engagement, Facebook is now taking into account more interactions with videos that we have learned indicate whether someone found that video interesting, such as choosing to turn on sound, making the video full screen, and enabling high definition. So, if you turn the volume up, or make the video full screen, we have updated News Feed to infer you liked the video and will show you similar videos higher up in your News Feed. We have found that this helps us show people more videos that they are interested in.”

 

This comes on the heels of another significant algorithm change that was also made in June, 2015, whereby Facebook started to track how long a user lingered on a video in their Newsfeed. Facebook began using this as an indicator of relevance to that user and factored this in as an indication of interest.

 

From a video marketing perspective, this algorithm now enables auto dealers to see increased reach for their videos from consumers that watched them, but took no further action. Chances are, if a consumer is watching your video on Facebook – whether they are interacting with it or not – they are pretty low down the funnel. Facebook’s new algorithm will take note that they lingered on your video, interpret that as interest, and increase the priority as far as delivering similar content to that user.

 

Facebook knows that its popularity hinges on finding the right balance between satisfying its advertisers and delivering the types of content its users want to see. By continuing to tweak its algorithm, Facebook can more successfully deliver interesting and relevant content to individual users, providing a better overall customer experience and increased opportunities for video marketers to reach relevant consumers.

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