Facebook Video Ads - Dud or Stud?

I'm sure most of you have heard by now but Facebook just approved the launch of video ads in their users' news feeds. This has been in the rumor mill and talks for a long time now and so this doesn't come as a huge surprise to those following the developments surrounding Facebook's efforts to monetize its huge user base. According to Seeking Alpha.

Facebook's news feed video ads, delayed more than once due to user experience concerns, are 15 seconds long (on par with Instagram's video ads) and begin automatically playing without sound. Clicking/tapping on an ad leads it to expand and sound to begin.

Ad exec Brian Boland says Facebook is testing features that allow marketers to decide at what time of day an ad appears, how often it appears, and whom it reaches.

I might be a little skeptical here but how many of you monkeys think these video ads will work? I can definitely see a multitude of companies paying big bucks to advertise in this manner but how effective is it really? I know for a fact that as a 20 something year old, I rarely use Facebook anymore and when I do, I tend to skip over the ads and not pay attention to them. I acknowledge that I might be in the minority here, so I want to open it up for discussion to learn more.

What do you guys (and girls) think? Will this actually work as a way of advertising and reaching people who use FB?

Seeking Alpha

 

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