Facebook’s CEO Mark Zuckerberg, who is currently worth $17.5 billion (just in case you weren’t aware), has recently added a few changes to Facebook. So before you start panicking and calling your children or grandkids for help, here are a few things you should know, just to help you out!
First of all let’s look at your newsfeed.

This has been made more efficient by removing both Top Stories (which showed the most popular topics) and Most Recent (which placed news in chronological order). The newsfeed now puts up one stream of all the stories relevant to the time they were posted, and according to Facebook “News Feed will act more like your own personal newspaper. You won’t have to worry about missing important stuff.”
Facebook has increased the character limit for status update s from 420 to an impressive 5,000 meaning that brands now have the chance to say more than ever before. There are also bigger pictures in your newsfeed and you can mark stories as top stories meaning that Facebook will automatically put similar stories at the top of your newsfeed.
What is the ‘Ticker?’

Ticker allows the user to link up with friends in real-time whereby you can see immediate updates and join in conversations at any time as the news feed seems to lag in terms of immediacy. The ticker has now created the ability for you to ‘listen in’ on conversations that were meant to be private with people you may not even know (i.e. friends of friends).
What are Smart Lists?

Smart Lists allow the user to create lists based on certain aspects of an individual’s profile for example your family, school, university and so on. Once an individual in the list updates their profile or posts a comment, the list will indicate the total number of new posts by that group of people.
What about my privacy?
It is important to note that through the addition of the ticker, it is now easier for people to view pretty much everything you post, like or add. You can limit this by changing your privacy settings to “friends only” or “custom” lists. These settings can be accessed either through the privacy setting in the top right corner of your post or at the top right corner of your page. Remember that with the new Facebook, everything you do will be shared immediately to your newsfeed so be careful when authorising various apps, and make sure you understand and are aware of your privacy settings.
According to an article by Alexandra Reid “If you’re friends with a prospect on Facebook, what you’re watching, reading and listening to, and even what locations you check into, can impact their perception of you professionally and damage business relationships.”
An important aspect you should however take note of is secure browsing. According to Carl “By default, Facebook sends your access credentials in the clear, with no encryption whatsoever. Switching to HTTPS is important because a browser extension called Firesheep has made it especially easy for anyone sharing your open wireless network—at cafe or conference, for example—to sniff your credentials and freely access your account.”
In order to change this, it is important to go to your account settings, select the security setting and enable the secure browsing option.
What should brands be aware of?
With Facebook’s new social plugin it is now possible to drive additional traffic to your site. The social plugin is installed on the businesses website and must then be permitted access by a Facebook member. Each time a user visits the businesses website a notification (stating that the page has been read) can be returned back to Facebook whereby a post will be shared on the users’ wall, and newsfeed. This facility is available to developers via Open Graph
A new button referred to as the ‘Subscribe Button’ could also assist in benefitting brands and their engagement with consumers (followers). The subscribe button allows the individual to subscribe to updates by public figures of the brand, who can share posts for the individuals who have subscribed. Additionally the brand can subscribe to regular influential visitors assisting in mutual relations. The subscribe button shares similar resemblance to the follow button on Twitter and works in a similar way.
The Ticker can be used to a brands adavntage as long as a brand has a cohesive strategy whereby updates are placed thoughtfully and interaction with consumers is relevant. Brands need to create relevant, consistent and interesting stories so as to keep the user interested and willing to engage regularly with the brand.
Conclusion
According to SodaHead a public opinion forum, 86% of users are against the Facebook changes with many saying that Facebook is overloading the user with too much information from both the Newsfeed and Ticker, being compared to a kind of Twitter feed, but it’s important to remember that “We are its product, not its customers,” says Andrew Brown editor of Cif belief, with its customers actually being the advertisers.






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