Like many things at Facebook, the ads auction is a version of something Google built first. As on Google, Facebook has a piece of ad real estate that it’s auctioning off, and potential advertisers submit a piece of ad creative, a targeting spec for their ideal user, and a bid for what they’re willing to pay to obtain a desired response (such as a click, a like, or a comment). Rather than simply reward that ad position to the highest bidder, though, Facebook uses a complex model that considers both the dollar value of each bid as well as how good a piece of clickbait (or view-bait, or comment-bait) the corresponding ad is. If Facebook’s model thinks your ad is 10 times more likely to engage a user than another company’s ad, then your effective bid at auction is considered 10 times higher than a company willing to pay the same dollar amount.
A canny marketer with really engaging (or outraging) content can goose their effective purchasing power at the ads auction, piggybacking on Facebook’s estimation of their clickbaitiness to win many more auctions (for the same or less money) than an unengaging competitor. That’s why, if you’ve noticed a News Feed ad that’s pulling out all the stops (via provocative stock photography or other gimcrackery) to get you to click on it, it’s partly because the advertiser is aiming to pump up their engagement levels and increase their exposure, all without paying any more money.
During the run-up to the election, the Trump and Clinton campaigns bid ruthlessly for the same online real estate in front of the same swing-state voters. But because Trump used provocative content to stoke social media buzz, and he was better able to drive likes, comments, and shares than Clinton, his bids received a boost from Facebook’s click model, effectively winning him more media for less money. In essence, Clinton was paying Manhattan prices for the square footage on your smartphone’s screen, while Trump was paying Detroit prices. Facebook users in swing states who felt Trump had taken over their news feeds may not have been hallucinating.
The article goes on to explain that it was actually more costly for the Clinton campaign to target Facebook users in urban areas, where her demographics were better, than the Trump campaign's attempt to reach voters in rural areas.
To be fair many of these same tools were also available to the Clinton campaign, however you also need to keep in mind that Facebook sent folks to the Trump campaign to specifically teach them how to better use the platform.
Courtesy of WaPo:
Fleshed out, Parscale is the man behind the Trump campaign’s digital media efforts in 2016. He was hired to create a website for $1,500 (as he explained in that “60 Minutes” interview) and then his role expanded until he was managing tens of millions of dollars intended to promote the presidential candidate online.
The point of the interview was, in part, to serve as a profile of Parscale but, more broadly, to explain the primary way in which those millions were spent. Per Parscale’s accounting, that was largely on Facebook advertising. Trump’s team advertised on other platforms, too, but “Facebook was the 500-pound gorilla, 80 percent of the budget kind of thing,” Parscale said.
He also revealed that Facebook even sent staff — whose political persuasion had been cleared by the company — to aid in that effort, to help Parscale “know every, single secret button, click, technology [they] have,” as he said in the interview. The campaign poured money into Facebook, sending thousands of versions of tweaked ads to maximize response. Then it won the presidency by a margin narrow enough that Parscale (and Facebook) can justifiably take credit.
That's right Facebook worked hand in orange tinted hand to help the Trump campaign beat Hillary Clinton.
And that is without even taking into consideration how they allowed the Russians to weaponize their site to attack Clinton voters and spread misinformation to Trump supporters.
So when they say that Facebook was a neutral participant, or that they are simply a social gathering place with no agenda, they are full of shit.
Source http://ift.tt/2EWgceQ
