How To Make Advertising Business on Facebook Effective?
by Jeremy Banks EvolutesixNeed to build awareness for your brand?
Facebook can do that. Need to reach out to your current customers? Facebook can
also do that. Need to target a specific audience? Facebook is great at that
too.
Facebook has become a powerful advertising
platform that almost 100 percent of Facebook’s revenue comes from running ads.
It is effective because:
Facebook Has Laser-like Demographic Targeting
Facebook has almost 2.3 billion users.
That’s 22 percent of the world’s total population and more importantly, that is
2.3 billion data.
Facebook is a great option for targeting
your preferred market because it offers a great array of targeting options from
age, sex, professional status, education, income, et cetera. It’s almost
infinite.
Facebook has Great AI
Aside from the vast array of demographics,
Facebook also uses AI to match your business to your target audience.
Facebook Allows Easy Promotion
Perhaps one of the easiest ways to boost an
ad is to use your already published content. If your content performs well, you
can boost it and reach a wider audience.
However, as promising as it can be,
Facebook advertising is not a piece of cake. Many small businesses lose trust
in creating Facebook ads because they believe it is not effective.
But Facebook Ads are not the problem.
Facebook is more effective if:
- You know your target audience
Knowing your target audience doesn’t only mean knowing their age, sex, location – you know the basics. Facebook gives you the ability to target your audience precisely, so make use of it! Aside from the basic information, you can include the profession, interests, and even behaviors!
- You create gold content
After you know your target audience, it’s
time to create your content. To be clear, creating content doesn’t mean you’ll
post whatever you think will go viral.
Creating content means so much more than
that. It has to be well-planned, strategized and measured over time. It has to
answer your audience’s needs, highlight the goldmine of your company, and more
importantly, has to get your audience to convert.
Most businesses use Facebook to build awareness because that’s what it’s good for. But it can do more than that! Again, if used properly, all the efforts will bear a long-lasting positive result.
- You test your ads
Build your ads according to your goals.
There is an overwhelming number of Facebook ad types. Here are the most common
ones that you can use:
- Multi-Product Ads or Carousel Ads – an ad type best for e-commerce
- Promotion on Homepage Ads – an ad type where every user who clicked on this can be retargeted by Facebook later.
- Video Ads – an ad type effective for brand awareness and retargeting
- Lead Ads – like a standard ad, except when a user clicks it, they will be asked for their email address or number before continuing and voila! You’ll generate a new lead.
After choosing carefully the types of ads you’ll use, test them by using split testing. The split testing system will help you choose which type of ads have more potential to perform.
- You monitor regularly
If you really want to make the most out of your Facebook ad campaign, then track your progress regularly. You can’t just publish an ad, and then let it be because it doesn’t work that way. Remember, competition is tight and you are not the only one who targets your audience. By monitoring your ad, you’ll know which one is effective, which one needs adjusting and which one you should stop.
Summary
Facebook is a great advertising platform.
However, small businesses should capitalize on it, start seeing it as a
business where the more you spend on quality content, the better the results.
While organic results on Facebook are great,
Facebook advertising can give you endless opportunities if done correctly.
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Created on Aug 28th 2018 03:28. Viewed 403 times.