Facebook is under siege by large corporations, demanding that they take ownership and accountability of the hate speech and radical posts across its network. Most have learned over time that Facebook rewards those who post outrageous claims and "click bait" by pushing up these results in the feed. Any press is good press... well that time has come to an end.
In the last 3 days major brands including Coca-Cola, Unilever and Honda have all backed out of Facebook Ads and some are pulling out of social media all together until the end of the year! (Unilever to Halt US Ad Spend on Facebook and Twitter Through 2020) This is a big deal because not only do these major brands spend millions of dollars on advertising but they create an immediate association of Ads running on Facebook to be unauthentic.
Do local political candidates want to be viewed as unauthentic?
Do local political candidates want to be taking sides with Facebook?
Facebook has become the place for hate speech and radical views - do local political candidates want to be next to these posts?
Houston... We have a problem? Is Mark Zuckerberg going to wake up and do something about it? Maybe...
Facebook did uncouple Instagram Ads from Facebook Ads. This means you don't need a Facebook account to create an Instagram Ads account. many questions arise about the timing of this change... the same week of the boycott?
Facebook has repeatedly gone against the status quo in Silicon Valley and stayed hands off. In fact, Mark Zuckerberg met with the president, squarely placing his bet on the right? So now he's found himself, Facebook, and the entire social media ad space in a pickle. This is all happening on what is setting up to be the biggest election in modern US history. One that will surely be fought over and one that will set records for online ad spend.
Who wins in a world without legitimate ads on social media?
How do local candidates prepare for the 2020 election, not knowing if Facebook and others will just turn off ads?
Or worse yet, what happens if the government steps in... as it already started to with the executive order on section 230 ?
Electable Advertising believes having a presence on Facebook is important. Facebook can act as your town hall for your constituents. It is the place where your supporters can interact with you, in essence, its an echo-chamber of you and your supporters.
Now being able to get to those who aren't your friends is and always will be a challenge. You need to engage these folks but at this point, Facebook looks like the wrong place to be doing this. The stigma of Facebook today, along with the ad boycott, gaining recognition on Facebook platforms could put your reputation at risk.
Local Candidates need to back up a bit and look across the rest of the Internet. Website traffic and online video traffic has surged, especially across news, cooking and family sites. There is a massive opportunity for local candidates to move Facebook ad budgets to display and video ads and be seen and recognized in a safer environment.
What are your thoughts on advertising on Facebook?