Job description for Facebook sales exec reveals direct competition with commercial broadcasters over television advertising
Facebook - partner or competitor for commercial broadcasters?
The face that Facebook prefers to present to the television industry is as an innovative social media partner. It regularly dispatches executives to major TV business conferences, such as MIPTV in Cannes, to make high-profile speeches.
These speeches promote solutions such as Facebook Places, for viewers to tell friends what they are watching and encourage them to view the same programming, or Facebook Credits, for viewers to pay to vote in top-rated shows such as The X Factor.
But this is far from the whole story.
Futurescape continuously researches all aspects of Facebook’s relationship with the TV business for our strategy reports on the future of television.
The latest title is Social TV, which analyses how Facebook and Twitter are power brokers for the global television industry.
Our research has unearthed a highly revealing recruitment advertisement for the Facebook sales team which shows Facebook’s other face. (NB Link is erratic - see below for screenshot of the ad.)
Facebook is a direct competitor for broadcasters’ advertising revenues.
Wanted - sales executive to take budgets from TV
The advert's list of candidate requirements explicitly includes:
- "Ability to convert clients national TV budgets spends into Facebook marketing relationships."
- "Prospect and penetrate large organizations to obtain branded advertising."
- "Relationships with top marketing decision makers at traditional companies and media agencies."
In other words, the ideal Facebook ad sales executive can persuade major brands (and their media planning / buying agencies) to swap their advertising spends out of television and into Facebook.
And the TV ad budgets that Facebook is targeting are in the millions.
The sales exec should have a:
- "Demonstrated track record of structuring and managing complex negotiations to successful closure and delivery (at a 7-figure level)."
Facebook - friend or foe for broadcasters?
The questions that many in TV and digital media would like answered include:
What is Facebook’s real agenda for broadcasters – being a helpful social media partner or an advertising competitor?
Can Facebook - which now has TV-scale user numbers in many countries - succeed in tapping broadcasters’ revenues?
Will Facebook competition significantly erode broadcasters’ revenues?
Is Facebook now pursuing a long-term video advertising strategy, delivering TV-style commercials or sponsored video content via PCs, tablets, smartphones and Internet-connected TVs, and with social targeting?
What are the implications for a Facebook IPO?
For more on the complex and fast-changing commercial relationships between Facebook, Twitter and television, see the Futurescape strategy report, Social TV.
Screenshot of the original Facebook recruitment ad



