Wednesday, August 10, 2016

P&G to Scale Back Targeted Facebook Ads - WSJ

Digital advertising evolution

"“We targeted too much, and we went too narrow,” he said in an interview, “and now we’re looking at: What is the best way to get the most reach but also the right precision?”

Mr. Pritchard said P&G won’t cut back on Facebook spending and will employ targeted ads where it makes sense, such as pitching diapers to expectant mothers. He said P&G has ramped up spending both on digital sites and traditional platforms. One category the company is scaling back: smaller websites that lack the reach of sites such as Facebook, Google and YouTube."
P&G to Scale Back Targeted Facebook Ads - WSJ
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