Posts Tagged facebook advertising

The Can and Can’ts of Social Media

There is much more to social media than just building up Twitter hype. Nowadays, businesses may be excited to implement a new social media marketing plan, but have unrealistic expectations of what it can really do. Like anything else, you can’t expect it to help bring you success if you don’t put in enough time and effort. Here’s a look at what social media can and can’t do for your business:

What It Can Do

  • Target your audience: If you’re looking into running ads on Facebook or MySpace, these two sites allow you to target specific demographics of your audience. This will be helpful in identifying your goals, as you can reach users by age, location, interests etc.
  • Improve customer interaction: On the surface, the point of social media profiles is to be social. You’ll want these connections to translate into something deeper but you can’t unless you can improve customer involvement. Social media allows you to do so by consistently involving the audience via blog posts, Tweets, and status updates.
  • Keep customers informed: Awhile ago, Bausch + Lomb recalled their contact solution because it was linked to eye infections. As a recipient of their newsletter, I got an email about the recall and a coupon for a new (untainted) product. Luckily, no eye infection for me! Social media can help with damage control just as well as it’s used to announce local events or new products.

What It Can’t Do

  • Have a short-term mindset: Your marketing plan consists of ongoing efforts, so why wouldn’t your social media campaign? Many people make the mistake by neglecting their social media profiles over time. Social media requires the three C’s: consistence, commitment, and creativity.
  • Replace your entire marketing plan: Although it’s successful for very few companies, a marketing plan solely based on social media is not realistic. Instead of looking at social media to replace your marketing plan, think of it as an additional tool you can use to complement your more traditional strategies.
  • Guarantee success: You may be popular on Twitter, but what does it really mean? You can’t guarantee success on any social media site if you don’t tie it back to your goals – this may be increased visits, clicks, purchases etc. Being popular doesn’t mean that you’re successful, but it can help!

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Who Uses Facebook’s Marketplace?

New and Improved

Earlier this year in March, Facebook re-launched its Marketplace that is now powered by Oodle. If you haven’t heard of it, the Marketplace is a classified ads section where users can list and respond to advertisements. The Marketplace gives users the ability to buy, sell, and trade all their goods with other Facebook users.

Marketplace Features

So, who really uses the Facebook Marketplace? You may have seen friends trying to sell their used chemistry books or their extra phone. But, did you know that there’s also a section for housing and free stuff? That’s what’s so great about this application. Originally created in 2007, the new Marketplace is revamped with a user friendly interface. While it is like Craigslist in its free listing of classified ads, but it also integrates an important social factor that Craigslist lacks. Wouldn’t you rather buy something from a friend or a friend of a friend than a complete stranger?

Seeing the Potential in the Marketplace

Marketers are warming up to the market place as they see ease and convenience of its features. With every listing, you can promote the sale of your goods and services by adding pictures, putting it in an appropriate category and even sending out personalized messages. Such custom settings make it easier for those looking to buy and sell real estate. Because Facebook thrives on the social thread, word of mouth will still be important. If your friends have had a successful transaction with a certain seller, they’re likely to spread the word. Before you brush it off, not everything on Facebook is a time-waster. In the past, Apple has even posted a listing looking for iPhone engineers on there!

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Comparing Facebook Groups and Pages

The Facebook Fundamentals

Establishing your presence on Facebook is an important task whether you are promoting yourself or your business. Some may find that the process is not that straightforward. The first obstacle you will encounter is deciding whether to create a Group or a Page. For some businesses, choosing both is a possibility. So, before you put your time and effort in maintaining your new social media profiles, take some time to consider the pros and cons of each:

Facebook Groups

An easy way to think about Facebook Groups is that they are like any other group or club. A group administrator is in charge of providing members with information, news about events, and more. Other members can also be appointed to help facilitate information. Establishing a group is a great way to gain quick attention for a cause or event.

Pros
+ Good for hosting discussions
+ Communicate directly with members
+ Promote with ads
+ Create events and send reminders
+ Privacy controls (public, private, or closed)
Cons
- Not given any weight by search engines
- Unattractive URL
- No visitor information
- Limited to 5,000 members

Facebook Pages

In some ways, Facebook Pages are more informal than groups. There is no public administrator and users are called “fans”. With Pages, there are more options to track visitor information. Facebook pages are similar to normal Facebook profiles. But instead of a person, these pages are designated to represent a brand or celebrity. Some businesses opt for a Facebook Page to maintain a long-term relationship with fans.

Pros
+ Vanity URL
+ Good for hosting discussions
+ Communicate directly with members
+ Indexed by search engines
+ Ability to extend your SEO efforts
+ Can have over 5,000 fans
Cons
- Cannot send reminders for events
- No privacy controls, everything is public

Making Your Decision

Hopefully, some of these points have helped clear up any confusion. Experts generally agree that Facebook Groups are better for organizing users around a cause or upcoming event. Facebook Pages are useful for a company or celebrity to strengthen their online brand presence. Some argue that users feel more active as a Group member than an observing fan of a Facebook Page. Search marketers usually prefer using Pages because of their advantages in user statistics, while others may use a combination of both.

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Facebook Advertising Case Study

We just launched a Facebook advertising campaign today targeting a demographic that likes to drink alcohol and/or use drugs. It will be interesting to see how this campaign does. The campaign is for a drug rehabilitation center located in Orange County, California. The ad management page is below along with a copy of the ad and the demographics. It’s currently targeting close to two hundred and fifty thousand Facebook users with an ad spend set for $100 per day.  The cost per click (CPC) is set to 0.55 cents a click. Stay tuned for updates on this campaign.

facebook advertising ad

Facebook advertising ad

facebook advertising ad manager

Facebook advertising ad manager

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Adding Facebook advertising to your search marketing campaign?

I just stumbled across this ebook on Facebook advertising by Matt Dickman. I’d suggest checking it out to get a better idea of how Facebook advertising works and to learn more about social media marketing. As Facebook and social networking sites continue to grow this will become more important. It’s literally changing the search marketing industry! The days of running search engine optimization and paid search campaigns alone to drive traffic to your site is becoming outdated. Reaching a broader audience through Facebook, YouTube, MySpace, LinkedIn, Twitter and other social sites is imperative to your search marketing campaign.

emarketed now offers this as a stand alone service or as an addon to current search engine optimization and paid search customers. Stay tuned for more social media updates as this emerging method of advertising expands. You can also follow us on twitter for short updates.

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