The Rising Numbers of Facebook Advertising

Sample Facebook Advertising Infographic 2013

Facebook The Evolution | Advertising Trends and Users

There are a lot of commas in those advertising numbers. Typically, I wouldn’t say that advertiser adoption and spend is a clear indicator of success, especially in the technology arena. Fads come and go and whether it’s QR codes or augmented reality, they may enjoy quick adoption before they find their proper place as an advertising channel.

Facebook is still struggling to find the right mix of community service and advertising revenue. Their latest announcement of auto-play, inline video advertising has a few people wondering who is making the decisions in Silicon Valley, but again, they will find the right mix.

The numbers for advertising both desktop and mobile have clearly continued to climb in the digital arena. The reasons are simple – #1 Better targeting, #2 Better measurement and if you’re any good #3 Better results. This infographic shows the growth of Facebook’s advertising platform in gross revenue. It also shows the spend per MAU (Monthly Active User) is on the rise. Two items will drive the average spend per user higher – Continue reading

Engagement Drivers Haven’t Changed

Social media may continue to evolve, but frankly – humans don’t. Well, at least not nearly as fast. For years people have heard me say, “Consider the E-Reaction to your posts.” Open any social media platform – Facebook, Twitter, StumbleUpon, Digg, etc. Look at all the posts. I bet each and every post will fall into one of the following 5 categories – Ego, Emotion, Entertainment, E-Currency, Education. Those are the 5 ways to get solid engagement.

Since I’ve said every single post will fall into one category you may think, well, then everything gets engagement. NO! Of course not. You must still match the type of engagement to your audience. You probably have various audience segments, and you need to appeal to all of them at some point and time. Non-profits may tend to use the emotional driver. Retailers may use the E-currency or coupon driver. They all work with the right mix of message and audience.

Focus your efforts on identifying how your E-Reactions compare over time with your various audience members and you’ll learn to execute even better.

e-reaction 1

The Future of Facebook

facebook page engagementFacebook has made yet another change to its look and feel. At this point, the largest social networking site in history has undergone more transformations than Madonna. But is the problem with Facebook related to look, feel and functionality, or is its problem more deep-seeded than that?

Don’t get me wrong – hundreds of millions of people still go to Facebook every day for a quick dose of information, and it’s still a place where agencies like wedu are helping brands build communities, increase engagement and drive sales. But I know that Facebook hasn’t solved the revenue puzzle, at least not in a way that will help them both increase sales and drive their mission of making the world more open and connected.

The average Facebook user has 262 friends. By virtue of my past, I’m well above that number, making it difficult for me to see what is going on with the people I am more connected to. In spite of Facebook asking me a while back to categorize my friends into buckets to help it serve information to me more efficiently, I still miss updates from old valued friends, groomsmen, mentors, you name it. (Not to mention that a lot of these people simply set up profiles and rarely post, not that there’s anything wrong with that.)

Facebook has become a means for me to get my news – no longer do I hear about things in passing, but most news is spread as a trending status update. It has become a way for me to see what is going on with more prolific posters. And it has become a way for me to engage with brands. At this point, my news feed is basically a reality show of bit players in my life and their interactions with me, broken up by product endorsements from people Facebook thinks I’m close to and overt ads from brands Facebook thinks I will like.

One way of sifting through the static (which has worked pretty well) is the Facebook “Close Friends” list. I can add specific people to this list and receive push notifications when they post to Facebook. (For those who haven’t used it, the “Close Friends” are noted by a yellow star icon.) The casual user just hasn’t gotten to a point where they’re maintaining their lists in this manner, meaning that their news feeds will continue to be cluttered, resulting in lower engagement, fewer site visits, and ultimately, defections from the site.

A number of recent articles have highlighted the defection of teens from Facebook to other social media channels such as Instagram and Twitter. In fact, when I post a pic to Instagram, I can bet with complete certainty I’ll have two likes immediately – from my 15- and 11-year-old nieces. They’re connected there. On Facebook, I don’t see the same level of engagement.

At this point, I’m not saying Facebook isn’t the place for a lot of brands to be – quite the contrary. There are ways to affordably build an audience, engage with that community and market to it. But looking at what has curtailed my Facebook use as well as what has driven teens from Facebook tells me that there are questions Facebook (or someone) needs to answer, namely how does it generate revenue unobtrusively while ensuring that users have the appropriate kind of engagement? When I joined Facebook (way back in 2007 – seems like the Dark Ages now), it was addicting. Finding old friends, seeing what they were up to, learning about other cool things that other people liked, becoming involved in the minutia of everyone’s lives – it was awesome. As time has gone on, my friend list has reached a sort of critical mass. I’m not getting new friend requests for two reasons: I just don’t meet as many people as I did when I was younger, and I’m already connected to the vast majority of people I want to be connected with. In many ways, the excitement of Facebook is gone, at least for me.

So what do you think? Is there something bigger and better on the horizon which will help digital marketers reach their audiences without turning the same audience off?

 

Image Credit: Facebook

What is that Brand Doing?

In this ever-changing, constantly moving world it has become increasingly difficult for brands to reach the people they most want to talk to –consumers.  But at the same time it has become ever so easy to reach these people, too – socially.

mobile marketing

We, as consumers, can pick up our phones or tablets or open up our laptops at any point we want during the day.  We can poke our heads in to the networks we’re all part of, and we can see what our friends our doing in real time.  We also can check out what’s going on with our favorite brands, events and celebrities – sometimes on our own terms and sometimes on theirs.

But what most brands are missing is who we really are, as consumers, and how to speak to us.  Why?  You think it would be easy to talk to the people who use and buy your products or services.  But here is the rub: we consumers are more than just one person.  There are millions of different reasons that we all use the product or service that ‘brand x’ offers.  To try and speak to us in a universal manner really doesn’t work anymore.  Furthermore, you can’t sell me on your product if you’re not sharing about it in a manner that matters to me; if it’s not relevant to me, than why should I care?  That’s what brands are up against and it’s up to them to identify what the remedy is for this.  Lucky for brands, consumers are laying the foundation for them.

Know Me

In today’s social world, one of the first steps a brand needs to take is to identify the consumers who are relevant to them.  The brand needs to ask: Who is consuming my content?  Social media users create detailed profiles and share a lot of information.  In looking at their profiles, interests and where they’re from, brands can create the first thing vital to social success: targeted communities.

in lineIdentifying consumers by their interests and where they hail from in the social world is crucial for a brand – particularly if a consumer is an active member of their fan base.  Brands must look at their audience and begin to segment us (picture the cattle call lines at Southwest Airlines gates) by what we like to do and the topics that interest us.  Without identifying who we really are, brands are firing blind, but luckily for them, social media makes it pretty simple for brands to segment us.  Once they take a strategic look at their consumers, brands can then reach out through targeted advertising and sponsored posts, but once they have us, they need to keep us by engaging with us.

Speak To Me

Once a brand knows who its audience is, it can engage with us in a meaningful way, right?  For most brands, the answer is: wrong.  Brands often get caught up in pushing-out messages about what they do and what they determine is important about their products or services.  They have the right idea – show me what you do and why you think it’s important to me.  But social media users mostly engage with brand communities for personal reasons; we don’t want to be flooded with clutter – mostly because social media is part of our everyday lives.  Brands need to reach us by giving us socially authentic content.

beats by dre facebookLook at your community insights, brand manager.  You are able to see where I’m from and what I like to do.  For instance, Beats by Dre aligns some of their content with the NFL and Super Bowl contenders by looking at the communities and consumers they serve.  Then they go further by creating posts geared toward certain teams in the biggest markets on the biggest stages, and they don’t overwhelm with product-specific content.

People in San Francisco, football fans and music fans are all seeing a unique post that speaks directly to what they like to consume: bass-kickin’ headphones worn by the baller, made for the baller.

The beauty of Beats is that they have so many different consumers: musicians, athletes, movie stars, students, travelers, yet they create content that resonates with each and every one of their communities, which in turn spikes engagement and keeps people interested in what they’re talking about.  This approach will turn your community members into brand ambassadors who are most likely to engage with your page, share your content, get more people looking at your page and ultimately grow your community.

What Now?

You might be thinking: What does this really mean for the long run?

The answer is that strategically targeting and engaging with your audience allows you to provide specific, product-related information in a way that is relevant to your audience, and will ultimately drive them to your sales channel.  As a brand manager, “the bottom line” is the biggest metric you’re trying to influence.  Once you shift the way you interact with your audience, you strategically market to those consumers and give them specific reasons to buy into your brand and your product or service.

The Takeaway

Chad Wittman of EdgeRank Checker really puts it in the best perspective when all is said and done. He says, “Facebook’s… algorithm rewards the brands that create the coolest content.”  I’ll take that one step further: Facebook communities reward the brands that create the coolest content.  Those brands are sandwiched between happy fans and happy networks, and the conversions they see are increasing every day.

 

Image Credits: iowa_spirit_walker, Facebook

How Will Facebook’s Graph Search Change Digital Marketing? (Infographic)

facebook graph search logoFacebook’s announcement last week of their new Graph Search feature has certainly made an impression on the digital marketing community.  The feature hasn’t even been rolled out to the masses yet and already marketers are scrambling to find a way to use it to their advantage.

If Graph Search enjoys even modest success, it will only be a matter of time before Facebook SEO becomes a viable business. Agencies will add it as a service line; Books will be written about it; Facebook SEO “gurus” will plaster all of our blogs with ads promoting their services. You know it is all coming.

Well, the reality is that we don’t know how or if Graph Search will be a success.  It is way too early to tell and there are too many external factors that will dictate the feature’s success. What we can do is predict some of the basic areas of digital marketing that it will impact and then marketers can start to prepare their campaigns by proactively addressing them.

I have been writing quite a bit about the Graph Search topic over the past week and decided to wrap it all up in a more creative way. Here is a little infographic that wedu’s Digital and Creative Teams put together to summarize the ways we see Graph Search changing digital marketing in the future.

Please feel free to share the graphic socially or on your blog as much as you’d like. All we ask is that you use the embed code below the graphic or link back to this post if you are reposting it.

wedu facebook graph search infographic

 

 

Graph Search logo image credit: Facebook

How Facebook Just Made Bing SEO More Valuable Than Ever

Buried in yesterday’s announcement of Facebook’s new Graph Search feature was the mention of Bing web searches being included in some Graph Search results.

bing facebook

OK, I am sure you are asking why this is a big deal. After all, Facebook has been returning Bing web search results as part of their search feature for some time. My answer can be summed up in one word: Focus.

Facebook is clearly focusing on their Graph Search product. Sending out cryptic media invites and then rolling-out the company’s top guns to make the announcement shows that they are committed to making this feature a success. The digital marketing world is clearly focusing on Graph Search. In fact, a recent quick Google News search for “’graph search‘ facebook” returned about 154,000 results….and the feature was announced less than 24 hours ago!

facebook graph search logoI must pause here and note that just because Facebook is focused on Graph Search, doesn’t mean it will be successful. Dramatically changing the way 1 billion people use a particular product takes time and a whole lot of education. Of course, there is also that little privacy issue that may put up a few roadblocks along the way for Zuck & Co. Remember the Google “Search Plus Your World” privacy freak-out about a year ago?

That said, Facebook is focused on this new search feature, so at minimum, search will be somewhat more prominent on the network than it has been to date. This is where Bing comes in.

While Bing optimization should already be a basic component of most digital marketing plans, it is often overlooked. According to comScore, Bing had 16.3% of the 17.6 billion web searches in December which is too significant , in terms of activity and potential traffic, to ignore.

As I mentioned in the opening, Bing was specifically called out in Facebook’s Graph Search announcement:

“As has been the case for some time, we may also make search suggestions in the search bar that then can trigger web searches. Web searches will display Bing results and Bing ads, similar to results on Bing.com.”

Clearly being found in a Bing web search is important now and may increase in importance as Graph Search is rolled out to the masses. If you are not already optimizing your website(s) for Bing, you should make it part of your regular SEO routine.

Not sure how to get started with Bing optimization? No problem. Our Digital Team is well-versed in all aspects of SEO and we are leading the way in identifying new ways to use digital marketing to help our clients rank higher in the major search engines. We don’t implement shady SEO practices that will get your site blacklisted by Google. Our team creates strategy that is based in traditional SEO but also uses marketing channels such as Digital PR, Social Media and Content Marketing to create high-value backlinks and social authority that will boost your search rank over time.

Contact us to find out more about our SEO services.

Graph Search is About to Make Facebook Page Likes Important Again

For months now, there has been a pretty significant shift in Facebook brand marketing. Facebook strategy has slowly moved from focusing on gaining page likes to building community engagement in order to build EdgeRank authority.

As brand strategists, we have all scrambled to find ways to optimize our posts and use advertising creatively to earn that all-important spot of real estate in a Facebook user’s news feed so that they will engage with our page and see more of our posts.

Facebook Like Icon

Facebook page likes have become much less important to digital strategy since we were able to use ad units to pay to get our page posts, events and offers into news feeds regardless of the user liking our page.

With Facebook’s Graph Search announcement yesterday, we may be about to see another shift back to focusing in on page likes. Graph Search is based on discovering people and brands based on the likes of others. If Graph Search is successful, it will be much more important that your page is liked by the friends of a person searching for your product or service. Engagement will continue to be important for a number of reasons, but the page like will be back in play as a primary Facebook marketing metric. Facebook Graph Search

All this being said, don’t go changing up your Facebook strategy too much today. Graph Search is only in the “accepting invite request” phase and we don’t yet know how long it will take for Facebook to roll the feature out. Additionally, Facebook has a very mixed record of successful roll-outs after they make a big announcement. Everyone remember the “Social Inbox?”

So, my advice going forward is as follows:

  1. Continue your current Facebook engagement strategy, but be cautious and work in a few extra like ad units to your mix here and there.
  2. Familiarize yourself with the sponsored result ad unit if you aren’t already using them. It probably isn’t much of a stretch to think that Sponsored Result ads will play a much larger role in Graph Search than they do in normal Facebook search now.
  3. Make sure that your website is optimized for Bing. Facebook noted in their Search Graph announcement post, that they will be supplementing search results with Bing results much like they do now. The additional focus on Facebook search may make Bing search results a bit more important.
  4. Pay close attention to this blog and others and watch for Graph Search developments in the future. Be ready to switch things up if you see a shift to likes take place.

Image Credits: Facebook