Are you advertising on Facebook yet?
Facebook’s advertising platform is probably the best way to reach customers right now. If haven’t yet tried using Facebook to advertise, then you should consider incorporating it into your marketing strategy, as you can reach exactly who you need to as a cost effective price. You can “boost” posts within Facebook’s app, within a few simple steps. Just tell Facebook where you want your ad to show up, and to whom. Facebook lets advertisers access their knowledge of Facebook users and shows ads to the people who are most likely to engage with an ad. Since Facebook makes money when ads are successful, they are highly motivated to help you achieve your business goals.
Facebook lets you “boost” posts that you’re already making. You don’t have to create an individual ad, or think up a catchy slogan or memorable concept. You can just promote the posts that you already make, visible on your profile, putting them in the newsfeeds of others who don’t follow you. As Facebook owns Instagram, you can advertise on both platforms seamlessly. You can boost your posts within the app simply by clicking the blue “Boost Post” button beneath a post. This will bring up a menu where you tell Facebook your objective for the ad, who to target, and how much you want to spend.
Objectives for Facebook and Instagram ads are simply telling Facebook what you want to get out of your ad spend. Do you just want more engagement on the posts on your business profile? Do you want to gain more awareness from people who don’t follow you? Do you only want to reach people who already follow, and are already engaged with your business? Do you just want video plays, or are you trying to optimize for a click-through to your webstore, ending in a sale? Keeping your objective in mind while advertising will help you achieve your goals, while minimizing wasted ad spend.
When you start to advertise more on Facebook and Instagram, Facebook’s algorithm will begin to learn who responds to your ads the most, and start to show your ads to them more organically. You can also save a custom audience of people who respond to your ads, or even those who make a purchase after clicking an ad, to target future ads later. Making a custom audience like this helps you target your most engaged customers, in a cost effective way. You can also create a “look-a-like” audience of this group or people, where Facebook creates a new audience of new customers who are similar to those who already engage with your brand.
Another great thing about Facebook advertising, is that you get access to Facebook’s Ad Manager, which is an extremely in depth, robust, tool to advertising on Facebook, Instagram and beyond. With Ad Manager, you are able to reach much more targeted audiences of people, and track metrics of advertisements to inform future ads. You can measure who sees your ads by demographics, who engages, and who purchases. You can see how many people saw an ad, how they engaged with the ad, and how many times people saw the ad. Facebook Ad Manager will tell you exactly down to the fraction of a cent how much it costs to achieve a business objective, like a sale. With Ad Manager, you can clearly see how someone finds your company, how long they engage with your content, and if they make a sale.
By knowing if your ads are working and if people are engaging with the content, and not clicking or scrolling away, you can iterate and build better ads. This knowledge also helps you post more relevant and better content, as you’ll see exactly what your audience likes and responds to. Knowing this can help you make business decisions too, and help with planning. Maybe people engage less with a seasonal sale that you would have hoped, or people really respond to limited “drops” of products. If you blog as a part of your marketing and brand strategy, keeping tabs on which articles perform best will help you write more.
By advertising on Facebook, you also have access to advertising on several prestige publications and websites that can help you gain more reach, with no additional effort. Facebook has a service called Audience Network that acts as a display advertising network for publications to use on their websites. Publications like Buzzfeed, Vice and the Huffington post all use Audience Network, meaning your ads can run on the articles published by those outlets. The media brands have a deal with Facebook where they get paid to generate traffic, and Facebook extends that access to its advertisers (you!).
Advertising on Facebook is a powerful tool that help any business reach new clientele, as well as speak directly to those who are already customers. Advertising on Facebook doesn’t have to be a tech-intensive difficult process. You don’t have to know how to code, or even have a lot of budget to spend on ads. You can start advertising on Facebook, Instagram, and their Audience Network today with as little as $1. You can spend as much as you’d like as you become more familiar with the tools. You can also stop your spend at any time. Testing Facebook advertising is a win win if you have a specific goal in mind, or just want to get your business out there a bit more.