Codebreaker

No one clicks on Facebook ads and usage is dropping

John Moe Jun 5, 2012


Facebook is going out of business and will soon shut down. Well, okay, that’s the alarmist reaction to a new survey that shows some worrying stats for Big Face, especially in the wake of the bumpy beginning to public trading. A survey from Reuters says four out of five Facebook users say they’ve never bought anything off of a Facebook ad or off of comments and posts about a product seen on Facebook. That figure could be seen as kind of shaky because if you gain some awareness of a product through Facebook and then buy it later, do you really realize that it was Facebook that brought it to you? That might be effective, though not obvious, advertising.

More troubling for Facebook is the study’s other finding:

The online poll also found that 34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more.

That’s a figure that had been steadily increasing over several quarters but is now dropping. Could the novelty have worn off?

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.