Facebook 2012: A Year in Review

When 2012 began, Facebook users were just beginning to adopt Timeline and try out Open Graph apps. Over the past 12 months, the company has run thousands of tests, launched several new products, overhauled existing ones and ramped up monetization efforts. Along the way, Facebook went public and passed 1 billion monthly active users.

Here’s a reminder of some of the key innovations and changes Facebook made this year.

January

Sponsored Stories in the Feed

Facebook kicked off the new year with the launch of News Feed ads, which are quickly becoming a major source of revenue for the company and an effective channel for advertisers. When News Feed ads debuted, they were limited to Page Post Ads to a page’s fans or Sponsored Stories to friends of fans. Since then, Facebook has introduced non-social ads to the feed and iterated on the design of these units.

Open Graph Apps

Facebook launched the Open Graph platform to all developers and began approving custom actions for apps that integrate with Timeline. As part of the announcement, Facebook revealed 60 new partners utilizing Open Graph. Now there are thousands of Open Graph apps in a range of categories from games and entertainment to travel, fitness, shopping, news and more.

February

Timeline for Pages

Facebook pages got the Timeline treatment many had been expecting after personal profiles switched to the design. With the update, page owners have been able to personalize their pages with large cover photos and milestones, though they lost the ability to set default landing tabs. Pages also gained a way to receive and reply to private messages from users, as well as an activity log feature to better sift through past activity.

Mobile Ads

Facebook revealed that it would begin allowing ads in the mobile News Feed. Like desktop News Feed ads, these started as a slow rollout with limits on what types of ads could be shown to users who were not already connected to an advertiser. Now, advertisers have more options to reach non fans and non friends of fans, as well as control over which devices and operating systems their ads appear on.

Offers

Facebook pages gained a new story type that allows page owners to post offers that users can collect from News Feed or ad units. Unlike check-in deals, which required users to first visit a physical location, offers can be redeemed in-store or online. This started as a feature for premium advertisers, then rolled out widely in May before ultimately becoming a paid feature. Pages must now spend a minimum of $5 to post and promote their offers.

Reach Generator

Reach Generator was a premium advertising solution for large clients seeking to reach a higher percentage of their fans, which was scrapped later in the year. Reach Generator allowed advertisers to pay Facebook on an ongoing basis, as opposed to a CPC or CPM basis, to sponsor one page post every day, and guarantee a 75 percent reach of the page’s fanbase over a month-long period. Facebook decided to focus on Promoted Posts and Sponsored Stories instead.

Logout Ads

Facebook began offering large premium ads that display on the logout page, immediately after Facebook users log out of Facebook using their desktop web browser.

Open Graph Sponsored Stories and Targeting Options

Facebook expanded the utility of Open Graph for marketers when it began allowing any action to be turned into a Sponsored Story and made it possible for advertisers to target any Open Graph action, including those they did not create.

March

Interest Lists

Facebook launched a feature to give users a way to group pages and public figures into “interest lists” so that they can filter their News Feed by topic. Interest Lists can be shared with others, who can then subscribe to them.