It’s no secret that Facebook is searching for new ways to monetize their site and improve their IPO. In doing so, they are bound to take some missteps. Perhaps, like their latest venture, ‘Promoted Posts’.
As Adi Gaskell reports for Technorati, users now have the opportunity to pay for a better chance for their friends to see their posts. ‘Promoted Posts’ was already available in 20 countries, but it wasn’t until last week that American users were included.
To use the new feature, users simply update their status as usual, then click a button to promote it. That luxury will cost about $7 for now. That post will then appear with a ‘Sponsored’ tag, which allows the user to keep tabs on how helpful promoting has been.
For you next community event, party or insightful political post, maybe ‘Promoted Posts’ will be worth the money.