Finally, Facebook is taking a step ahead with the release of its new Ad Relevance Tool (rating 1-10) for advertisers. We knew they’d get here eventually – as we’ve seen that;
Quality Content (Creative) = Higher Engagement = Lower CPMs
This move appears to be the latest way Facebook is trying to get a grip on the firehose of content flooding people’s news feeds. Last year the company moved closer to a pay-to-play model for brands to communicate with people on Facebook, which made room in people’s feeds for posts from friends and family. But heated as the competition may be to freely take up space in people’s feeds, things are also heating up on the paid side.
For the past two years, the average price for a Facebook ad has been on a steep incline, while the number of ads the company serves has dropped. In the fourth quarter of 2014, Facebook’s average price-per-ad rose by 335%, and the number of ads it served fell by 65%.