If you're a small business with a Facebook presence, it pays to keep abreast of what Facebook is up to in the ad department. The social media behemoth regularly updates its product offering for small businesses. Some recent additions include:
• Graph Search: lets you query Facebook members' opinions on favorite restaurants and local businesses. Facebook says the tool can make it easier for people to discover your Facebook page and learn about your business.
• Promoted posts: Profit from your "likes" by creating ads that appear in the News Feeds of people and friends who have liked them. The cost is based on how many people an advertiser wants to reach, and promoted posts can be targeted via location, age and interests.
• Mobile app install ads: If you have you own app, Facebook offers a paid way to get customers to download the app via an ad that…
There's a very slick and visually catchy report on "The State of the Internet" from the website onlineschools.org, that covers all sorts of interesting Internet factoids, from the minutiae (152 MILLION blogs?!?) to the grand, including which countries consider Internet access an inalienable right, and which ones consider it threatening enough to severely limit access to their citizens.
It includes a counter showing you how many folks have visited the Internet for the first time since you started looking at the page, and one that shows the number of new websites created in the same time span. (Luckily there are still more new visitors than new websites.) It also includes a neat map of the race for social media domination. Hint: Facebook is currently winning - but guess who's giving it a run for the money?
Very interesting stuff. And for those of you who still don't think your customers want to interact with you on the web,…
We here at Yeoman are very interested in how customers and prospects interact with brands online. Inc. Magazine recently ran an article on 4 new services that promise to measure your brand's social media influence- and presumably influence you to make some important decisions on how much hard cash to spend on soft marketing initiatives.
But can you really wrap numbers around activities designed to build brand awareness and consumer loyalty? Back when it was all "real-world" PR, sponsorships and the like, no one really bothered to try. Now that we can track and trace everything all over the web, we think we can (and should) build business cases for every moment of employee time that gets spent on brand awareness activities. The question is: are we getting smarter about measuring the results of social media or are we killing the goose just as…
Do your customers and prospects actually “friend” “like” and “fan” business pages on Facebook? And if they do, how does that translate into sales?
Chadwick Martin Bailey recently conducted a survey to find out how consumers interact with brands on Facebook. Our top takeaways:
- A lot of people actually spend time on Facebook: 52% of Americans spend at least one hour per week on Facebook
- People don’t “like” brands indiscriminately: 78% of those who “like” a brand on Facebook like fewer than 10 brands. Also, 76% of people reported they have never “unliked” a brand, (and another 9% didn’t know if they had or not, so they probably hadn’t)
- You DO need to offer a carrot: 57% of those who “like” a brand reported that they did it to get a discount or take advantage of a promotion
- Facebook relationships make customers more loyal: 56% of “fans” are more likely to recommend a brand to a friend, and 51% say…
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