A few days ago I covered Facebook making changes to the platform that would eliminate the Flyer Exchange application. The Flyer exchange application successfully exploited absolute positioning with CSS. It now appears that this is not the only thing they have exploited. According to an extremely active discussion thread on Facebook, the Flyer Exchange has hidden 9 ads under their fliers.
As a result, the Cubics platform has had extremely slow response times similar to those that you would see under a denial of service attack. As pictured below, the top three advertisers alone have in excess of 3.4 million impressions, resulting in over 30 million calls to the Cubics servers. Since the issue was revealed, the developers of Flyer Exchange have removed the Cubics code from their application.
I found the click-thru rates of the top fliers to be particularly interesting. If Facebook flyers provides a similar click-thru rate, this model is an extremely poor business model. Back in July, I said that Facebook may have a click-thru rate of around 0.04%. The Flyer Exchange application seems to be producing similar results. While I’m no statistician, there is probably a strong correlation between click-thru rates on the Flyer Exchange application and the Facebook Flyers solution.
You could be right about the CTR on "standard" facebook flyers.Take a look at this blog post:http://www.here.org.uk/2007/10/facebook-flyers-…..by an affiliate in the UK – interesting stuff.
Comment by James — October 8, 2007 @ 11:45 am
There is also more info in a post here.. http://fbtown.com/2007/10/07/flyers-exchange-tr…..
Comment by chris — October 8, 2007 @ 4:07 pm
You could be right about the CTR on “standard” facebook flyers.
Take a look at this blog post:
http://www.here.org.uk/2007/10/facebook-flyers-can-you-make-money-from-them.html
by an affiliate in the UK – interesting stuff.
Comment by James — October 8, 2007 @ 4:45 pm
There is also more info in a post here..
http://fbtown.com/2007/10/07/flyers-exchange-tries-to-take-down-facebook-ad-competitor-cubic/
Comment by chris — October 8, 2007 @ 9:07 pm