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Tuesday, April 7, 2015

Facebook's Topic Data For Online Marketing Companies

By Robbie Sutter


There's no denying the fact that information is crucial, especially in this time when digital media is so prominent. Information is stored into various databases, amongst them tied into social media websites such as Facebook. When it comes to such a network, though, I believe that it's important to talk about the concept of topic data. For those who may be lost as to what this is all about, I'm certain that online marketing companies can offer ample details.

SocialTimes published an article talking about Facebook's recent rollout of topic data, which can be used by certain advertisers. What topic data allows these individuals to do is see what their consumers are talking about, what the hottest topics are amongst them, and just how much engagement is being done in regards to said topics. Initially, this service will only be able to particular entities in the U.S. and U.K., though it seems like this will change in due time.

Sometimes, it's difficult for businesses to market their products to people because they aren't able to get into their minds. They cannot easily see what they are talking about, which is a problem to put it mildly, and what happens is that it creates an unnecessary rift between clients and companies. However, topic data will allow those very companies to see how to change their business strategies. There are quite a few examples online marketing companies can draw attention to.

Let's say that a video game retailer is looking to increase sales; they're going to want to look into what gamers are discussing. According to firms such as fishbat, that very retailer can utilize topic data so that conversation on certain games can be better focused on. The more popular certain products are, to said demographic, the likelier it that the retailer will stock more of it. It's a great example of topic data at work, as online marketing companies can attest to.

When topic data is used in this way, there's no doubt that there are higher rates of success to be had. After all, companies have to appeal to their audiences, since this is the only way in which they can reach as much success as possible. Without this level of knowledge in place, sales will not occur at the level clients desire. I believe that this is the main reason why topic data matters, and why it may very well play a huge role in advertising in the future.




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