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      HomeTechMobile Phone Apps/Facebook Announces It Will Be Placing Ads On its Messenger App Home Screen

      Facebook Announces It Will Be Placing Ads On its Messenger App Home Screen

      Author Grace ChangPosted on July 12, 2017August 21, 2017Categories Mobile Phone Apps, TechTags acorn investments, acorns app, acorns investment, automatic investing app, clean technology, emerging technologies, FB, green technology, high technology, high technology investment, invest app, invest in stocks app, invest in technology, invest money app, investing, investing app, investing apps, investing ideas, investment apps, investment apps for android, investment technology, investor app, micro investing app, mobile invoicing, money investment apps, NASDAQ, new investment app, news, round up savings account app, round up savings app, save spare change app, tech companies to invest in, technology, technology industry, technology investment banking, technology investments, technology market, technology sector stocks, technology stock, technology stocks, telecommunications stocks, the technology industry
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      Facebook (NASDAQ:$FB) has just announced that it will be featuring ads onto the homescreen of its Messenger app. The news followed what was most likely a successful run of the limited beta version of this type of advertising in Thailand and Australia. According to VentureBeat, these ads will be in place before the end of this year — and like the ads seen on Facebook and Instagram (owned by Facebook), they will be specifically targeted to the user.

      Besides this feature, businesses on Messenger can now also send sponsored messages to those who have messaged their business before. While ads aren’t everything, it is the main source of our profit currently, Messenger head of product Stan Chudnovsky said to VentureBeat. The business models developers are currently exploring are all centred around ads one way or another, Chudnovsky noted.

      The implementation of the home screen ads will begin slowly, Chudnovsky said. The main reason for this is to ensure that users can see the ads and that data and user feedback can be collected before Facebook fully commits to this type of advertisement.

      Featured Image: twitter

      Author Grace Chang
      About the author: Grace is currently studying at UBC to achieve her BA in Computer Science. She is due to graduate in 2020. As a content creator, Grace has written financial analysis, stock market news, and informational investing articles. She also worked as an editor with her university publication 'UBC Undergraduate Journal of Art History'.

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