Social media application company Buddy Media released a "social media calculator" and a report that offers a valuable comparison of the spend and number of engaged users generated from social media apps versus online display ads (banners).
App-vertising campaigns yield 398% more engaged users than social media display advertising campaigns.
App-vertising clients pay 78% less for each engaged user than social media display advertisers
App-vertising campaigns deliver six times the number of impressions than traditional banner display campaigns.
While the upfront cost of an app-vertisement campaign might be slightly higher than a display campaign, a brand would have to invest nearly $1 million more ad dollars with a banner-only campaign to reach the same number of engaged users, according to the report/calcuator. Brands can use the calculator to customize these findings to their social media budget and compare the cost of engaged users.
"Engagement will be the key metric used to measure the effectiveness of social media advertising. That's something that even Facebook seems to endorse through its introduction of engagement ads last year," said Michael Lazerow, CEO of Buddy Media. "Branded apps are not the only way to advertise in social networks, of course, but we believe they are the most powerful way for leading brands to get high levels of engagement."
Digital marketing executive with proven experience in all aspects of search engine optimization (SEO), performance-based advertising, consumer-generated/social media, email marketing, lead generation, Web design, usability, and analytics. - 20-year Internet marketing veteran, currently serving as the Digital Marketing Campaign Manager at Antenna Group (formerly Chicago Digital). - Former Editor-In-Chief of Website Magazine, and a regular speaker on Web technology digital marketing strategy - Author of several books on digital marketing Including Web 360: The Fundamentals of Web Success; Affiliate 360: The Fundamentals of Performance Marketing; Domains 360: The Fundamentals of Buying & Selling Domain Names, and SEO 360: The Fundamentals of Search Engine Optimization.