Facebook has tried to monetize individual users by asking if they’d pay a few bucks to promote their posts so they can reach more friends. Now, according to a story in The Daily, Facebook is reportedly testing a model where users can pay a small fee to have classified ads in users’ news feeds. While the company confirmed to AllFacebook that the site is testing different ways to put ads in news feeds, it added that they will definitely not be classified ads.
Mediabistro Webcast Vine webcast on Wednesday, June 19 from 4-5 pm ET. In this one-hour webcast, Gemma Craven (left), EVP, New York group director at Social@Ogilvy will discuss best practices for using the visual social platform and share some of her team's successful vine videos. Register here.
Journalism and Facebook are becoming more and more intertwined, as the social network is reportedly working with about one-dozen news sources to create exclusive Facebook app versions of their content.