View
2.451
Download
0
Tags:
Embed Size (px)
DESCRIPTION
A brief on Marketing on Facebook
Citation preview
Friday, April 7, 2023 1
Marketing on facebookVarun Papneja -Brand Development Team
Friday, April 7, 2023 2
Agenda
• Prelude
• Why Facebook
• Advertising /Marketing Platforms on Facebook
• Identifying the Opportunities
• Discussion
Friday, April 7, 2023 3
Prelude
Friday, April 7, 2023 4
• Initially built for college and university students in 2004.• 66 Million Users.• 16,000+ Apps on platform.• Time on site: Ave = ~ 20 minutes• Facebook now has more than 42 million active users (double the number
one year ago when it opened up registration and growing at more than 200,000 per day since January)
2004 2005
Launch: Harvard/College Only
Open to Public
2006 2007 2008
Pages and Social Ads
Application Platform
Friday, April 7, 2023 5
Why facebook?
Friday, April 7, 2023 6
• Facebook = 40-50 million | 200% Growth• MySpace = 120 million | 72% Growth• Facebook would eclipse MySpace in 09’• It’s the best platform to advertise with detailed demographics.
2002 2003 2004Q4 2008?
My Space
200 Million
Friday, April 7, 2023 7
• Facilitates Customer Acquisition Quickly• Low Cost of Client Acquisition• Allows Demographic Targeted Marketing• Major users constitute of 18-38 age group, this makes it an active, vibrant medium
Members use Social Networks for Communication
Base: US online adult social networking site users, Source: North American Technographics Media And Marketing Online Survey, Q3 2007
See what my friends are up to: 86%
Sent a message to someone: 79%
Posted/updated my profile: 70%
Looked at profiles of people I didn’t know: 65%
Searched for someone that I used to know: 59%
Send a friend/connection request: 53%
Listened to music: 47%
Read a blog or journal: 51%
Wrote on someone’s profile page (e.g. wrote on a wall, posted a testimonial):
55%
Watched a video: 40%
• Opinions of friends, peers or acquaintance is the key to sell and it spreads through updates and viral marketing.
Friday, April 7, 2023 9
News Feed encourages spread of ideas
Trend Watch:
News Feed Optimization (NFO)
Friday, April 7, 2023 10
Groups and Communities
Friday, April 7, 2023 11
Inbox: A “new” email
Trend Watch:
Email is for “old” people
8 FB Marketing Options
Applications
Groups
Paid Groups
Targeted Ads
News Feed Ad Buys
Pages
Beacon
Guerilla
Execute with a Cohesive Strategy
Advertising /Marketing Platforms on Facebook
Friday, April 7, 2023 14
Opportunities for Marketers
• Advertising
– Banner Ads
– Contextual//NewsFeed/Flyer Ads
– Social Ads
• Marketing
– Facebook Pages and Sponsored Groups
– Beacon
• Word of Mouth/Interaction
– Applications
• Intelligence
– Profiles and Network information
– Public Groups
Banner Ads
Recently, Microsoft invested in Facebook, broadening it’s Advertising opportunities
Friday, April 7, 2023 16
Facebook Flyers give self-service control
Friday, April 7, 2023 17
Targeted Advertising/FB Social Ads
Social Ad
2. Brands can buy paid ads. (Frequency capped – users will see no more than two per day). Users ‘dial’ the frequency of the ads.
1. Users can “poke” each other with branded viral messages -- combine social actions such as a purchase of a product or review of a restaurant – with an advertiser’s message.
Facebook Pages-allow brands to gravitate fans …
Friday, April 7, 2023 20
Sponsored Groups
• Group page with customized navigation, look & feel
• Usually includes a significant media buy to drive traffic to the sponsored group page– Display ads and flyers– Newsfeed targeting
• Costs usually in the six figures for a three month engagement
• Note that any company can set up a group for free
Friday, April 7, 2023 21
Beacon
• Opportunities– Greater Trust (if done correctly)
• Challenges– Not Opt-In– Many Privacy concerns– Resistance to peer based recommendations– Brands need to ‘converse’ to get fans
Simply determine which user actions you would like publish to Facebook and add a few lines of code to your web page. Facebook Beacon actions include purchasing a product, signing up for a service, adding an item to a wish list, and more. When a user performs the action, they will be alerted that your website is sending a story to their profile and have a chance to opt out
Facebook Beacon enables your brand or business to gain access to viral distribution within Facebook. Stories of a user's engagement with your site may be displayed in his or her profile and in News Feed. These stories will act as a word-of-mouth promotion for your business and may be seen by friends who are also likely to be interested in your product.
Friday, April 7, 2023 22
Companies using BeaconBlockbusterChaseThe Coca-Cola Company VerizonEpicurious.comFlip.comCrest Whitestrips (whitestrips.com) Owned by Proctor and GambleDove Cream Oils (Dove.com) Unilever CompanyHerbal Essences (herbalessences.com) Clairol Division owed by Proctor and GambleNYTIMES.COMSaturnAllPosters.comBluefly.comCBSSports.comDotspotterExpoTVGameflyHotwireJoostKivaKongregateLiveJournalLive NationMercantilaNational Basketball Association
Overstock.com(RED) joinred.comRedlight (stay away from adult sites any one of them can be this redlight company and be telling your friends about your sex fetishes. Yuck!)SeamlessWebSony Online Entertainment LLC (station.com)Sony PicturesSTA Travel (statravel.com)The KnotTripAdvisorTravel TickerTypePadviagogoVoxYelpWeddingChannel.comZappos.comebaybluefly.comTravelocityechomusicpronto.comcitysearchIwonBusted TeesCollege Humor (same company as busted tees)Fandango
Red indicates hesitation after BeaconGate
Friday, April 7, 2023 23
Applications• Create useful apps that model what friends do naturally – share info,
experiences, and laughs.• Plan out how to make your app viral.• Get feedback from users once you launch.
Friday, April 7, 2023 24
Profile /Public Groups• The profile must be rich and it must have right combination of applications.• It must be informative, speaking about the product, its features and updates.
• Groups are created easily and they are for free, It can create nice viral marketing for a product /service.• The main framework that a group thrives on is communication among members and getting more members regularly.• Intrigue the members and it will surely swell the group with more members.
Friday, April 7, 2023 25
Identifying The Opportunities…
Friday, April 7, 2023 26
Social Ads• The ads can also be shown to users whose friends have recently
engaged with your Facebook Page or engaged with your website through Facebook Beacon. Social Ads are more likely to influence users when they appear next to a story about a friend's interaction with your business.
• Facebook Social Ads allow your businesses to become part of people's
daily conversations. Ads can be displayed in the left hand Ad Space —
visible to users as they browse Facebook to connect with their friends —
as well as in the context of News Feed — attached to relevant social
stories
• Creating a Social Ad is quick and easy. Simply write a creative, tell us who you want seeing your ad, and decide where you want to drive traffic. You can buy ads by number of clicks (CPC) or by number of impressions (CPM). While the ad is running, you will receive performance metrics from Facebook Insights including demographic data of who's engaging with your ad and feedback on how to optimize your ad.
Friday, April 7, 2023 27
Pricing Clicks/Views
Friday, April 7, 2023 28
Facebook Page - Think of it as word-of-mouth marketing, only completely free and happening online.
• Every Facebook Page is a unique experience where users can become more deeply connected with your business or brand. Users can express their support by adding themselves as a fan, writing on your Wall, uploading photos, and joining other fans in discussion group
• When your fans interact with your Facebook Page, the actions they take are automatically generated into social stories. These stories are published to News Feed, which friends may see the next time they log into Facebook
• Every Facebook Page is a unique experience where users can become
more deeply connected with your business or brand. Users can express
their support by adding themselves as a fan, writing on your Wall,
uploading photos, and joining other fans in discussion group
Friday, April 7, 2023 29
Pricing Clicks/Views
Friday, April 7, 2023 30
• Facebook's robust database of authentic demographic information provides you with a deep understanding of exactly who is engaging with your business and how. From the performance of your social ads to the viral distribution rate of stories about your business, Facebook Insights helps you learn more about your target audience.
Facebook Insight- Facebook Insights is a free service
for all Facebook Pages and Social Ads.
•Facebook Insights provides the necessary information to improve the content of your Facebook Pages and the performance of your Social Ads. Refine your Social Ad target demographics, budgets and creatives based on Insights data to increase traffic to your Facebook Page or website
Get valuable metrics about your presence and promotion on Facebook. With Facebook Insights, you have access to data on activity, fan demographics, ad performance, and trends. With this information, you are better equipped to improve your custom content on Facebook and adjust your ad targeting
Friday, April 7, 2023 31
Facebook Poll
We will charge your credit card a $1 insertion fee once you click the "Place Order" button. Your Poll will go live immediately. Upon completion of your Poll, we will charge your credit card for the responses you receive (up to an additional $25). Because we charge your credit card at the conclusion of the Poll, we will store your credit card information with your Facebook account once you place your order, and you will not be able to remove it until your order is finished.
Friday, April 7, 2023 32
Facebook Poll (sample)
Friday, April 7, 2023 33
Facebook platforms- helps create applications…
This quiz application was created by times new York
Friday, April 7, 2023 34
Useful Tips
• Facebook marketing is about communicating, not advertising – so act
appropriately
• Be a part of the Facebook experience
– More like content than advertising
• Tap into the reasons why friends share
• Listen, learn, and be ready to make mistakes
• Carefully segment the market for your product, target the right demographics.
• Keep updating the channels of marketing every 6-monthly,since social
networking undergoes many radical changes and frequent updates.
• Facebook is all about communication, groups, communities, pages,
application. Leverage most out of them.
Friday, April 7, 2023 35
DISCUSSION…