Facebook Launches Canvas Ads and Reactions

Facebook introduces Canvas

Canvas AdsFacebook advertisers now have access to a new immersive type of ad called “Canvas“. While previously available to certain advertisers, the new ad works to open up a full screen experience once an ad is clicked by a user.

This full screen experience is said to load ten times faster than traditional ads. Canvases provide advanced functions for ads like animations, carousels, product catalogs, tilt-to-view images, and videos.

The user-friendly feature is available through Power Editor for all advertisers. Facebook says it wanted to provide everyone with the means to make great looking ads while also elevating the ad content being served to users – from Fortune 500 companies to mom and pop coffee shops.

According to Facebook, 53% of users that open a Canvas view at least half of it, and the average view time is 31 seconds. The top Canvas ads can see more than 70 seconds of view time per user. Read more

Ad Spending on Facebook, Reactions & Hawaii Tourism

Facebook Q4 ad spending soars

Facebook Ad SpendingWhile the overall economy may not have ad a banner quarter Facebook didn’t have any problem selling ads in Q4 – more than doubling over the same time the previous year. The social network reportedly made $5.64 billion off of ads.

Chief Operating Officer Sheryl Sandberg noted that mobile placement buoyed the ad spending and now account for 80% of total ad revenue on Facebook. Facebook has a reported user base of 1.59 billion each month.

Hawaii tourism breaks records

Business is apparently good if you’re in the tourism industry in Hawaii. Tourism to the islands reportedly jumped to 8.6 million people last year. That’s up from 4% over the previous year with consumer spending also rising to a record $15 billion.

The Hawaii Tourism Authority reports a rise in direct flights from its biggest sources of visitors (U.S. mainland, Australia and China) helped lead to the banner year for the Aloha State.

Facebook Reactions coming to U.S.

Facebook users have long asked for different ways to engage with posts besides the iconic “Like” button. The social network seems to finally be listening and has announced six emoji, called Facebook Reactions, would be coming to allow users new ways to interact with content.

The new emoji: angry, sad, wow, haha, yay and love were beta tested in different countries but should be rolling out to the rest of the world in the coming weeks.

Facebook worked with sociologists to carefully select the emotions that would be most appropriate for the content people engage with.

Facebook Reactions