Facebook In Search Of First Video-Ad Slot Advertisers, If Asking Price Met, The Company Will Be Making Over $4 Million A Day

Posted on Apr 16 2013 - 7:14pm by Editorial Staff

According to AdAge, the social giant is eyeing on whole new video-ad unit which will in return results in grasping over $4 million daily business opportunities for Facebook, if the company’s asking price is met. Although Facebook still has not decided the video ads format, but it’s been in search of agencies that will be the potential first slots advertisers, which is scheduled for June or July.

If the publication sources sounds correct, then the Facebook is selling four daily summer “slots,” each of which targeting a relatively large demographic of women over 30, women under 30, men over 30 and men over 30 while the ads will be capped at 15 seconds and users will not likely to see the ad up to three times in News Feed each day. Counting on money, if asking price will be met, then the company will be seen earning more than $4 million per day from the ads.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.