Earlier this month, Tim Kendall, Director of Monetization at Facebook, did the rounds of events and interviews talking about the changes to the advertising platform over the next year. There were a number of exciting changes he talked about (and I've heard more from sources close to the company). The most interesting for me, however, is the next generation social ads he talked about with allfacebook.com that will allow application owners to pay to promote particular newsfeed items to a users friends.
From a user perspective, this makes sense; you'd rather hear that your friend has actually taken a relevant action, than just see a 'related' advert (which is what current social ads do); after all, this is the reason the newsfeed is so popular in the first place. From the application owners point of view, this is a much better and more effective way of increasing the growth of the application than by just doing a normal advert.
From the developers point of view, this is even better: it gives control of the media spend to the developer, rather than a media house. This is especially important for agency-style development houses building branded applications, as it gives them a cut of a much larger spend than purely the development. As more and more companies shift their online activity into social networks, this could be quite a dramatic shift in the industry.
