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Why Facebook Stories Are All the Rage

Why Facebook Stories Are All the Rage

By   October 30th, 2018

Instagram Stories are a huge success for Facebook. The format rolled out in August 2016 to the general Instagram public, and then to advertisers in March 2017.

Now, Instagram can boast of 400 million people using Stories every day. This is more than double the 191 million Snapchat users, the platform where stories were first born.

With user habits shifting so rapidly, Stories are poised to be the future of social media. According to research conducted by Block Party, Stories creation and consumption is up 842% since 2016. Facebook also estimates that Stories will surpass sharing to news feeds in 2019.

In light of all this, Facebook recently announced that Facebook Stories Ads are now available to all advertisers globally.

Why are Stories so wildly popular?

A Story’s Worth a Thousand Words

Stories make it easier to share experiences, are easier to consume than text, and are highly immersive, occupying the full screen and often playing with sound on.

Should you drop what you’re doing and start making Facebook Stories Ads right now? Well, maybe not drop everything, but you should add Stories to your social advertising toolkit.

What More Can Facebook Stories Offer Advertisers?

Before you fully dive in, consider these additional stats:

  • Facebook Stories have about 150 million daily active users. The reach is a few times smaller than reach on Instagram Stories, but still significant.
  • The format’s available to be bought along with Facebook Feed or Instagram Stories ads as a placement optimization. It’s not yet available as a standalone.
  • It’s versatile and supports direct response and brand objectives: Reach, Brand Awareness, Video Views, App Installs, Conversion, Traffic, and Lead Generation.
  • It includes the entire suite of Facebook targeting options.
  • Facebook Stories support image and video ad formats (up to 15 seconds). By comparison, Instagram now supports up to 60-second video in Stories and the Carousel format.

Our Take on Facebook Stories Ads

Facebook Stories ads are available to all advertisers through Marin Social. After initial testing, we have a few recommendations. facebook stories

  • If you’re already using Instagram Stories, extend your reach to Facebook Stories. It’s a no-brainer. As long as you’re using single image or short video ads, selecting the extra placement is an easy way to get additional reach and improve your performance. In this case, you won’t need to develop new assets and can test Facebook Stories in a couple of clicks.
  • Don’t expect massive additional reach just yet. Facebook Stories have less reach than Instagram Stories. Also, because you can’t choose Facebook Stories as a standalone placement, the almighty algorithm will control your ads, and they prioritize placements that deliver the best value. You won’t be able to predict how much delivery you’ll get, at first, on Facebook Stories.
  • Leave a little space at the top and bottom of the asset, free from text and logos—about 14%. Your profile icon and call to action (CTA) will fill this space. (Note that Facebook requires a profile icon but a CTA is optional. See our example Facebook Story ad).
  • Use text overlay and emojis to narrate the story. Text overlays are commonly used in organic stories and can help you add a little humor or context to the story. This is especially useful as Stories are consumed very quickly. Make sure your key message stands out fast.

Learn More

We’re excited about this ad format and can’t wait for more advertisers to try it out. If you’re a Marin customer and want to learn more, get in touch with your account rep. Or, if you’re new to Marin, see it in action by requesting a demo.