GO
Loading...

Facebook Wants You to Pay to Promote Personal Posts

Wednesday, 3 Oct 2012 | 4:47 PM ET
Facebook
Loic Venance | AFP | Getty Images
Facebook

Facebook is testing out a new paid service that allows users to pay to promote their personal posts, the companyannounced on its website Wednesday.

With the new service, users pay $7 per post to increase visibility by bumping it up higher in their friends' news feeds.

In other words, we are all now advertisers.

Facebook launched the personal promoting feature in New Zealand in May and plans to expand to 20 countries. Users with less than 5,000 friends are eligible for the new service.

The social network is pushing the new service in hopes that users will want to promote things like garage sales, wedding photos and other "big news," according to its website.

Facebook's announcement about the new service follows its recent push to brand advertisers that "clicks" are not the only way to measure an ad's effectiveness.

However, with the new personal promotional strategy, the aim does appear to be designed so that Facebook users will be driven to click through their friend's content.

Businesses already have the ability to promote content from their business pages on the social network.

Featured

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More
  • Matt Hunter is the senior technology editor at CNBC.com.

  • Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.

  • Mark is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.