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Advertising on social networking sites

Advertising on social networking sites

It seems that brands are popping up everywhere in paid social media advertising spots lately … brands that I’d consider either buying from, or at least aligning myself with (by ‘liking’ their Facebook page for example).

I’m interested in yoga, travel and cult TV shows like Mad Men and Dexter – and like magic, local businesses delivering messages and offers about these very interests grab my attention when I’m Facebooking. This is because social networking sites know alot about their users. Advertisers can tap into this invaluable data and target their marketing very effectively.

I’ve compiled 5 reasons why businesses should consider advertising on social networking sites:

1. Control is in your hands with self-service ads.
Self-service ads are not like online display ads. Instead, they consist of an image, brief copy, a headline, and a link. So first off, they don’t take hours to design. To set the ad you need about 20 minutes and a credit card. It’s important to first indentify your goals and expectations, and then define the reach and set a budget. I recommend selecting CPC (cost per click) ads and monitor daily to see how much of your budget you’re spending. The beauty of self-service ads is that control is at your fingertips to change your budget, copy, reach, and more to maximise your campaign and get the most clicks and conversions. To learn more, see Facebook’s Fan Engagement Ads, YouTube’s Sponsored Videos, and LinkedIn’s DirectAds.

2. Target your audience.
Advertise through Facebook and you can narrow down who you want to target by geography, age, sex, martial status, education, interests and more! This data produces an estimated reach so you can determine if your reach fits your goals and expectations. Meanwhile, LinkedIn allows you to target your reach by geography, job function and seniority, industry and company size, and gender and age.

3. Set a budget that works for you.
Set a daily budget that you’re comfortable with and remember you can adjust your budget at any time. If you’re a first time social media advertiser, why not start small and test your ad’s performance? You can choose to pay only when people click or see your ad (impressions). Plus you can cancel your ad at any time. No commitments. No stress … I like that!

4. Enjoy the benefits of word of mouth.
Every time someone interacts with your ad on Facebook, it’s shared with their friends. Their engagment, or affiliation, with your brand is spread like word of mouth – opening your business up to new audiences it currently doesn’t reach.

5. Australians are big social media consumers.
If your target audience is within Australia, you’re in luck! A 2010 Nielsen global survey revealed that Australians spend the most time on social networking sites than any other country. Did you know that Facebook users spend just under an hour a day on the site; whereas, an average YouTube user spends 2 hours and 38 minutes on the site each month?

If you found this post useful, and would like to discover more about how your business or campaign can benefit from social advertising, please contact Brio Group on 1800 8710 8710.

Have you ‘liked’ a business on Facebook, after seeing the brand’s Facebook ad? What was your experience?

Yours in social media,

Julia

Belinda Vesey-Brown About the author
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