Facebook Inc (NASDAQ:FB) has planned to kill unpaid advertisement statuses and content from pages and profiles in the coming month, Wall Street Journal reported. It is becoming a trend that small business owners make Facebook Inc (NASDAQ:FB) pages, gain following and fans and after that, they start posting advertisements, promotional content and much more. The source quoted a business owner, who has flourished her business of gemstones to $100,000-a-year. She offers deals, sales offers and much more and access hundreds of potential clients just by simple statuses from Facebook Inc (NASDAQ:FB) page.
Recently, Facebook Inc (NASDAQ:FB) started to ask its users to give a 5 minute feedback. It included questions about certain statuses and ads. The users were asked to tell whether the content look liked advertisements or not.
The source quoted a survey conducted by Webs, which states that Facebook Inc (NASDAQ:FB) is used by 2,292 companies and social media businesses. Many companies account more that 80% of their business from Facebook, which will be killed by the social media company in the coming days.
Facebook Inc (NASDAQ:FB)’s small business head Dan Levy thinks that Facebook Inc (NASDAQ:FB)’s paid service helps business reach clients far better than the unpaid service. He said that Facebook Inc (NASDAQ:FB) has a lot of empathy for the small business owners and the company does not earn a single dollar without making sure that it is harnessed in the right direction for the payer.
Facebook Inc (NASDAQ:FB)’s “Pay to Play” Business model will help companies to better target their audience, but there are many problems in this service. A paid post on Facebook Inc (NASDAQ:FB) also includes fake likes and audiences, which do more harm that betterment to a company. The source quoted an expert who thinks that major brands only get 2% actual clients from Facebook Inc (NASDAQ:FB) likes out of which, 0.2% actually interact with the posted content.