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Facebook 'Sponsored Stories' Links Ads, Friend Updates

 & Chloe Albanesius Executive Editor, News

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Facebook Sponsored Stories

Facebook this week introduced Sponsored Stories, a feature that will let advertisers promote status update mentions of their brands in a special promoted section.

Sponsored Stories lets advertisers take word-of-mouth recommendations and promote them, Facebook employees said in a video demonstration.

If a friend checks into Starbucks, for example, that check-in will show up on a news feed, but depending on how many friends you have, it could quickly get buried beneath other status updates, photo postings, or FarmVille stats. With Sponsored Stories, Starbucks could pick up that posting and feature it in the sponsored section on the right-hand side of your homepage. It will only appear to friends; your check-in will not show up for complete strangers.

Facebook insisted that the feature is not intended to force certain products on you. "It's your friend saying 'look, I did this and I want to tell you about it,'" Facebook said. In tests, the feature increased "brand lift," especially ad recall and likeliness to recommend to a friend, the company said.

"We wanted to give a way for application developers, page owners, place owners to be able to promote their content that's as core to the user experience as the news feed, and I think with Sponsored Stories we've created that," Facebook said.

Facebook did not say when this might start showing up.

According to a recent AdAge report, Facebook took in $1.86 billion in ad revenue in 2010, and 60 percent ($1.12 billion) came from smaller companies.

About Our Expert

Chloe Albanesius

Chloe Albanesius

Executive Editor, News

My Experience

I started out covering tech policy in DC for The National Journal, where my beat included state-level tech news and all the congressional hearings and FCC meetings I could handle. I later covered Wall Street trading tech before switching gears to consumer tech. I now lead PCMag's news coverage.

My Areas of Expertise

Getting my start in DC means I still have a soft spot for tech policy; Congressional hearings can sometimes be as entertaining as a Bravo reality show, for better or worse. But PCMag is all about the technology we use every day, as well as keeping an eye out for the trends that will shape the industry in the years ahead (or flop on arrival). I've covered the rise of social media, the iOS vs. Android wars, the cord-cutting revolution that's now left us with hefty streaming bills, and the effort to stuff artificial intelligence into every product you could imagine. This job has taken me to CES in Vegas (one too many times), IFA in Berlin, and MWC in Barcelona. I also drove a Tesla 1,000 miles out west as part of our Best Mobile Networks project. Of late, my focus is on our hard-working team of reporters at PCMag, guiding and editing their robust coverage.

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