Facebook is currently the most popular social media platform worldwide, making it undoubtedly worthwhile to place ads there. Many small businesses find this a cost-effective method of advertising, an important aspect of their marketing strategies. Surveys indicate that 65% of firms that used Facebook ads were satisfied with the results and would use them again. To understand how it can be used effectively, there are some important steps to consider, as discussed below.
Step One: Deciding the Plan
Facebook offers three methods for planning your ad campaign, depending on your budget. You can create awareness about your company with a high budget or focus on website traffic if your budget is lower. You can also promote specific events. Some marketers prefer to highlight sponsored stories related to their firms. However, it’s better to have engaged fans rather than idle ones. Creating a plan based solely on “Click-through rates” isn’t advisable, as Facebook averages only a 0.05% CTR.
Step Two: Targeting
The second important step is targeting the right users. Marketing analysts suggest targeting fewer, more specific people rather than a broad audience. Some strategies include wishing Facebook users a happy birthday along with the company name. You can also group targeted audiences by location and age.
Step Three: Presentation
Your ad must include appropriate images and colors. The text limit is 135 characters, but using all of them is unnecessary. Marketers recommend keeping the text simple and readable. The ad should contain a clear call to action that leads to the company’s online pages. It’s crucial to meet users’ expectations. Create a simple and professional page that encourages users to stay.
Step Four: Multiple Ads
Facebook allows for multiple ads, enabling you to test different types and see which performs best. Staying updated on trends requires weekly reviews using all available Facebook reports. This helps understand which ads are effective, allowing you to create similar successful ads.
Step Five: Final Touch
A common mistake made by many firms is neglecting to update their page with fresh content. There are pages with a large fan count that haven’t been updated for months. Reward visitors to your page with coupons or at least trendy information or other fun activities. Marketers also suggest placing the “Like” button prominently, as it’s found that people are more likely to click the “Like” button than to visit pages. A user’s “Like” gives you the opportunity to present your firm’s news on their timelines.
Hopefully, these insights have sparked some ideas for implementing in your firm. Keep these basic points in mind as you prepare your Facebook ad campaign.