I have now had time to evaluate the affects of promoted posts since it release a few months ago. The impact is massive and negative to not only business pages on Facebook but personal profiles as well.
After considering the effects I have decided to boycott and do everything and anything I can to get facebook to get rid of “promoted Posts”.
Why?
Before the release of promoted posts a Facebook page could expect about 30 to 40% of their fans seeing their posts in their news feeds. The reason not all fans would see them is because they have so much coming across the news feeds that they just didnt see about half of your posts but they were still there (to my knowledge).
Now since the release of promoted posts a business page can only expect about 3% to 7% of their fans seeing their posts. and this same decrease has occured on the personal profiles as well.
I would love to know what your thoughts are and I ask that you go to http://www.change.org/petitions/mark-zuckerburg-facebook-stop-promoted-posts and read the petition. If you agree that this needs to change I ask for your help by signing it and sharing it with everyone you know because it ultimately affects every Facebook user! I also ask you ask anyone you share it with to share it with their friends and anyone they know.
Thank you all for your time have a great rest of the weekend! – Chef Ricky.

Hi Chef Ricky — @ccateringc

This may be due to time restraints – I spend too much time here when I come and for a lot of folks, this is the case.

I just this morning saw this entry and I certainly agree with you!  Keep plugging for this – Write your own blog post; tweet, G+ and FB it too.  Put in an image and pin it to your pinterest account.  Spreading the word around will help us all.

I’ll make a blog post too (sometime this week) to help with this effort.

Eileen

OH! I just thought of this – the place to put this is in the Facebook Club instead of in “Small Business.”  You should go there and post a link to this entry and explain why.  We both sort of lost it on this eh? Heh.