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Recently I started to work on a little side project and part of this project was to setup a Facebook Fan Page to start building a community.
Now Facebook Fan Pages are nothing new and they are a great way to promote your business to the 500 million people who are registered Facebook users, but something I hadn’t dabbled in before was Facebook Pay Per Click (PPC) advertising.
So what is Facebook PPC? Well you at some stage have probably heard about Google AdWords, and if not you would have seen the “Sponsored Links” that appear on the right hand side of your Google search results. Well Facebook PPC is the same concept. If you have a Facebook account next time you’re on take note of the ads that appear on the right side of the screen.
At the time of writing this my Facebook Fan Page has been up for 10 days. In the first 4 days fans started “liking” the page, but 98% of those that did were friends of mine – i.e. people that I actually know.
Eight days ago I decided to try out the Facebook PPC service. Initially I setup 1 ad to appear to people in a certain age group who lived within 15km of a particular suburb. Almost instantly I started seeing click and actions appearing in the statistics – an action is recorded when someone clicks on the ad and then “likes” the page.
A couple of days later I decided to add a second ad with different copy to see what would happen. The results are interesting. The second ad was performing better. Any copywriter would tell you that having a series of ads with different copy is the best way to attract more people.
So what are the stats? Keep in mind this is not a business, it’s a “pet project”.
Length of campaign to date: 8 days (Ad 1: 8 days, Ad 2: 6 days)
Number of Ad variations: 2
Total number of impressions: 49,887 (the number of times the ad has been shown)
Ad 1 Impressions: 26,016
Ad 2 Impressions: 23,871
Number of clicks: 123 (Ad 1: 55, Ad 2: 68)
Number of Actions: Ad 1: 7, Ad 2: 17
Cost of campaign to date: $25.69
Now although we only recorded 17 actions we had almost 100 people during that time like the page. The reason is, with social networking you see what your friends are up to and what they like so while 1 person clicked on an ad and liked the page several of their friends may have seen that and also liked it – from one click, many results.
So why am I sharing this information? Well think about it in the context of your business. Do you think you could get more customers by investing some time in setting up and using a Facebook Fan Page, or take it to the next level and run a Facebook Advertising campaign?
Food for thought!
P.S. Just because you setup Facebook for your business it doesn’t mean you need to use it for personal stuff. Think of it as a business too and a very cheap way of marketing your business.
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