Re:GM Says Facebook Ads Don't Work, Pulls $10 Million Account
by 286c8cb04bda on Tuesday May 15, 2012 @06:53PM
(#3979369)
Your description reminds me of the Target/pregnancy story from a February[1]. The evidence there proves it's possible. The question then: Is Facebook's data as good as Target's? For Facebook, certainly. Can they get away with exposing that information to advertisers? I'm not sure.
I think they have the data, but maybe not the means to mine it. I'm guessing that people are interested in buying a new car at important life milestones and when replacing an older vehicle. It's pretty easy to find those milestones ("here's pictures of our new baby", "Grad 2015, whooooo", "Just started at my new job"). Signals for replacing an older vehicle could be looking up vehicle review pages on facebook (does edmunds.com have a facebook page?), like you mentioned.
So I don't think it's impossible (but definitely non-trivial). I have no idea if it's possible to target ads against the sorts of things people post to their wall/photo albums.