Facebook advertising and its efficiency on the slovak market

dc.contributor.authorVejačka, Martin
dc.date.accessioned2016-01-15T12:08:58Z
dc.date.available2016-01-15T12:08:58Z
dc.date.issued2012
dc.description.abstract-translatedThe main aim of this paper is to propose a measure of Facebook advertising efficiency. In general marketing role of Facebook is considered with special attention to the advertising. Advertising on Facebook is briefly introduced with possibilities of advertising targeting and its performance monitoring metrics. The current methods of efficiency measuring of online advertisement from the area of econometric modeling (specifically data envelopment analysis and stochastic frontier analysis) are mentioned and their suitability for use by small and medium enterprises is questioned. The composite efficiency index is proposed to measure online advertising efficiency and to give base for a comparison of online advertising campaigns. It is based on simple measures like click- through rate and costs per click, to assure its simple usage and easy result comparison in conditions of small and medium enterprises. Proposed composite efficiency index is tested on sample data from the Slovak Facebook advertising market acquired by our own survey. The efficiency of Facebook advertising campaigns of Slovak companies, which supported our research and provided their data about particular advertising campaign, is measured by composite efficiency index and then compared with estimated data on other online forms of advertising in conditions of Slovak online advertising market. Results show higher Facebook advertising efficiency than efficiency of banner and contextual advertising in Slovakia. Also preferences and expectations about Facebook advertising are investigated by the survey. The highly positive attitude towards advertising on Facebook of Slovak companies was detected. Possible threats to the future of Facebook advertising and Facebook itself are indicated. In discussion are included topics for further research in this area. The main conclusion is the fact that Facebook can be powerful and effective marketing tool for reaching online population.en
dc.format12 s.cs
dc.format.mimetypeapplication/pdf
dc.identifier.citationE+M. Ekonomie a Management = Economics and Management. 2012, č. 1, s. 116-127.cs
dc.identifier.issn1212-3609 (Print)
dc.identifier.issn2336-5604 (Online)
dc.identifier.urihttp://www.ekonomie-management.cz/download/1379590469_c9fa/2012_01+Facebook+Advertising+and+its+Efficiency+on+the+Slovak+Market.pdf
dc.identifier.urihttp://hdl.handle.net/11025/17433
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.relation.ispartofseriesE+M. Ekonomie a Management = Economics and Managementcs
dc.rights© Technická univerzita v Libercics
dc.rightsCC BY-NC 4.0cs
dc.rights.accessopenAccessen
dc.subjectsociální sítěcs
dc.subjectFacebookcs
dc.subjectwebová reklamacs
dc.subjectreklamní účinnostcs
dc.subjectobchodní potenciálcs
dc.subject.translatedsocial networksen
dc.subject.translatedFacebooken
dc.subject.translatedweb advertisingen
dc.subject.translatedadvertising efficiencyen
dc.subject.translatedmarketing potentialen
dc.titleFacebook advertising and its efficiency on the slovak marketen
dc.typečlánekcs
dc.typearticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen

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