Facebook announced a few updates to its newsfeed algorithm yesterday:
Facebook is obviously putting an emphasis on video, both encouraging users to create and share, and to watch as well. The company recently announced it is allowing content creators show mid-roll ads in their videos, and they are also working on funding their own scripted video shows.
Zuckerberg recently described video as a “mega-trend” similar to how mobile phones contributed to Facebook’s early growth. Facebook’s thinking is that, if it can get people to watch more videos, it can further tap into the $70 billion brand advertising budgets that are normally reserved for TV shows. The recent newsfeed updates, along with Facebook’s plan to launch a standalone app for televisions, illustrates their focus here.
As a company, you should be focusing on creating video content. Video content that can be shared on Facebook, Snapchat, Instagram, and Pinterest. The same video content can also be repurposed for YouTube, Vimeo, and your blog.
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