While there’s vast speculation regarding the effectiveness of Facebook’s overall ad business, people usually don’t talk about the e-commerce side of things.
Nanigans—an ad provider that powers 12,000 Facebook ad impressions a second for companies including T-Mobile, Gilt Groupe, and Nordstrom’s Hautelook—has turned its data about companies on Facebook into graphics that explain what’s going on with advertising for e-commerce.
One of the big stories that came out of Facebook’s first earnings call yesterday is that sponsored stories generate about $1 million in revenue a day. While sponsored stories might work for traditional advertisers, Nanigans’ data show the CTRs in e-commerce are actually lower.
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