JANUARY 2015 I THE TECH BEAT I BY JAMES HARDING I DOWNLOAD PDF 'Facebook helped us find where our loyal customers came from.' How much time do you spend a day on Facebook? According to data Facebook has collected on its more than one billion users, the average person spends over six hours a month on Facebook. More than 60 percent of those users are viewing Facebook on a mobile device. That means that over 600 million people interact with Facebook on a device they carry with them at all times. To put that into perspective, these are more than double the engagement numbers for Google. In short, if you're not spending at least a little of your advertising budget on Facebook, you are missing a huge opportunity. My company, Gist Piano Center, recently opened a new store, and we needed an inexpensive way to bring prospects through our doors. We didn't have time to wait for the new website to start performing, and we didn't have a lot of money to bring people in. Thus, we chose to focus our marketing dollars on Google AdWords and Facebook. Facebook let us create ads, gauge their impact and tweak our campaigns with nearly immediate feedback. After a couple of weeks, our Facebook ads were driving more prospects into our new store than we were seeing in the rest of our stores combined. The next step was to define a daily budget. Though we could start for as little as $5 per day, we chose to set our budget at $10 per day and then make adjustments from there. We were also able to define a "pay per click" bid limit, but we decided to let Facebook do it automatically. Create Compelling Content Tweak Your Campaign Before long, we were running multiple campaigns with different images and different copy, and, over time, Facebook helped us find images that made our campaigns pop and helped us find where our loyal customers came from. Why not adopt a "let's try it" attitude when it comes to Facebook advertising? For about the price of a single newspaper ad, you can spend an entire month tweaking your social media message. Facebook advertising will help you bring in new customers, build your social media networks and increase your bottom line. MI |
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