Did
you know that by Liking any Facebook link you have likely befallen into a
privacy breach?
That’s
right. Few months ago, I started my own page for my company, which have
gathered traction from our Facebook community. The Facebook page has insights
options where you have option to see what are the key statistics in your page.
What interests me is the people area. It tells you where exactly are the
likers, what is their gender etc. See some screenshots below.
The
above statistics is nothing worrisome, true it only tells you about Gender, Age
and Location. As a page owner myself, I love this functionality, you now have
access to a group of people whom you can advertise your product for free but
what bothers me a lot is the fact that since the moment that you become a liker
of a page, Facebook is now able to do target marketing for you.
Consider
below our Facebook engagement for the past 28 days, the number is growing
exponentially and the reason behind that is once people begin to like your
page, it creates a direct network effect that will start advertising the
product to the people within the network.
Again,
it sounds very good for a page owner such as myself because my Advertising cost
as my page likers increase is going down (Negative correlation of he numbers of
likes and Advertising costs).
However,
as a Facebook consumer myself, it also makes me feel worried how far can this
phenomena grow in the context of Data Privacy.
One
of the hot news right now is the fact that EU data Privacy has becoming getting
serious about Facebook’s Privacy Policy One of the key arguments
about this movement is the fact that Facebook is not only tracking us within
the realm of our Facebook consumption but is also tracking us in other websites
the uses the “Like” button, Facebook Log-in Functionality and the advertising
resources. Most European authorities have begun to Question Facebook about
this.
Some
of the proofs from my page statistics have indeed proven that Facebook can
track not only the data I have mentioned above but even behavior.
For
me this sounds like having a PC recording device in your computer while you are
doing your Facebook. All these insights then become a part of the consumption
of the Advertiser who pays Facebook lots of money. This to me becomes very
alarming because, our Private data is traded for a monetary term. The fact that
Facebook is monetizing our Data is a big deal especially in the context of data
Privacy.
The
other information that I found interesting as an advertiser is the Impression.
Quite interestingly below, the Paid impression is very high versus the
organic/non paid subscription is low. And why is that? Very simple, Facebook
employs their algorithm, of showing our Information to the Likely audience when
you are advertising and showing it to general audience when not paying. Of
course the One that Pays gets better results and this is one of the reason how
Facebook still has the business.
Once
again, as Facebook consumers the key here is for us to be aware that hitting
the Like button has to be a conscious decision and not just an impulsive
behaviour because you like the page and you like what it shows. Keep in mind
the trade offs and the impact of your “Data security” and how is being
monetised by Facebook.
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