5 Reasons You Should Be Advertising on Facebook
In the modern age of marketing, it’s
easy to get caught up in the hustle and bustle of what every other marketer is
doing. Whether it be creating videos, blogging, email blasting, search marketing, SEO,
list-renting, guerrilla marketing, or even cold-calling your prospects
- the options are endless.
But
the reality is that we can't do it all. We have to choose which channels
to put our heart and soul into, because if we only give a fraction of effort on
each platform, the chances of seeing a successful return become equally
slim.
That said, there is one
force dominating modern-day society: social media. We all know this because you (like me)
likely check your Facebook, Instagram, and Twitter feeds several times a day.
Newsflash: Your potential customers do the same. This is no surprise, but
it also doesn’t mean you should be throwing all of your spend into every
social media platform out there. But there is one social network that ALL
marketers simply cannot ignore, which is Facebook. If you don’t believe me, then here are five
reasons why you should.
#1: Your Audience is On Facebook
Facebook’s
user base is larger than the population of China. It has 1.49 billion members
worldwide and 22 billion ad clicks per year and this makes Facebook the
provider of the largest advertising opportunity since search. Your target
audience is definitely on there somewhere. It’s simply a matter of finding
them.
#2: Facebook Ads are Cheap
Seriously, they’re
practically free. Well, not quite. In fact, the reason you need to
advertise is because getting traction from organic activity on your business
page likely won’t yield results.
Facebook
ads tend to cost a fraction of the cost of other online marketing channels. If
you’re strapped for cash, just ensure that you set reasonable daily Facebook
budgets to ensure you don’t exceed what you’re able to spend.
It’s
not a question of how much Facebook costs, but how far your money will go. If
you go into Facebook advertising with a clear focus and follow a simple
strategy, the cost-efficiency of the platform will astound you.
#3: The Targeting Capabilities of Facebook are Brilliant
You can literally target
President Obama or the Prime Minister of France. Whether it be by behaviors,
interests, demographics, connections, age ranges, languages, or locations, you
can dig pretty deep with these targeting capabilities, and layer them upon each
other to ensure you’re getting rid of any questionable, out-of-market clickers.
#4: Facebook is an Effective Channel to Push On-the-Fence
Leads Down the Funnel
Try out remarketing on
Facebook through custom audiences. This strategy works wonders for marketers
because remarketing works by targeting an audience that's already visited your
site, and is therefore more likely to be interested in your products or
offerings at some level. If you’re already doing paid search, try out “The Savvy Social Stalker” hack. With this
technique, you’ll give your PPC leads a push by remarketing to the non-converters
via Facebook ads.
#5: Facebook Allows You to Find New Qualified Leads
Easily
Once
you’ve found an audience that converts like crazy, you can clone them. For
real. The feature is called “lookalike audiences” where you can take a custom
audience and Facebook will reach NEW people who are similar to that audience
and therefore also likely to be interested in your business.
If you still feel
overwhelmed by the long list of responsibilities you’re juggling, there are
solutions to make Facebook advertising easy. If you need help getting started
with Facebook ads, finding the right audience segmentation, or continuously
optimizing to gain results, try out WordStream’s social advertising tool, which makes social easy.
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