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Comment by fairity

The actual quote: Facebook has also launched a website and taken out full-page advertisements in newspapers, in addition to a recent TV and radio ad push, to put a spotlight on how many small business owners depend on targeted ads.

This is definitely a true statement. The vast majority of small businesses who advertise on FB will be hurt by this change. The best estimate to date is a 20-30% drop in marketing efficiency due to worse targeting capabilities. Some of these small businesses will inevitably go out of business due to this change (for better or worse).

parent fairity 5 years ago

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