Facebook for Business

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HOSTS Josh Melzer, VP of Marketing Catherine Schutten, Content + Branding Facebook for Business Photo credit: Facebook

Transcript of Facebook for Business

HOSTS Josh Melzer, VP of Marketing

Catherine Schutten, Content + Branding

Facebook

for Business

Photo credit: Facebook

What We Will Cover Today

• Starting point

• Facebook’s News Feed algorithm

• Anatomy of highly-visible posts • Creating effective ads

• Additional resources

• Q&A

GOAL: Increase the reach of your posts and get back in Facebook’s News Feed

You already know: • How to build a

Facebook Page

• What type of content resonates with your customers

• How to expand your audience

• How to use Facebook Insights data

Starting Point

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Facebook’s News Feed Algorithm

What is Facebook’s Algorithm?

Facebook’s algorithm

ranks which stories

appear (and which don’t)

in the News Feed

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Why Does it Matter?

Only highly-ranked

stories are shown in

user’s News Feed.

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Affinity

Score

Edge

Weight

Time

Decay

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The 3 Main Variables

That Influence Facebook’s News Feed Algorithm

1 2 3

1. Affinity Score

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How it’s calculated: • The strength of an

action

• How close the person who took the action is to your page

• How long ago people associated with your page took an action

2. Weight

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A story is given a stronger

score if Facebook’s

algorithm thinks the user

will find it engaging.

3. Time Decay

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How it’s calculated: • How old a post is

• How long since a user

last logged into Facebook

• How frequently a user logs into Facebook

Account Settings

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• Relationship settings

• Post types

• Hide post

• Clicking on ads

• Device

• Story bumping and last actor

Check Your Score

Located in Your Facebook Insights Page

Analyze your page and see

the impact of EdgeRank.

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Anatomy of Highly-Visible Posts

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Let Facebook visitors have an experience your

business

Share a helpful tip

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Ask simple questions

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Ask questions and engage with

your followers

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Share an inspiration

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Deliver value and special

offers

Celebrate and encourage customers

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Share in a timely manner

Leverage popular memes

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Don’t forget Images!

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Don’t forget about the

power of video

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Facebook Advertising Overview

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Why Facebook Advertising?

• 56% of Facebook users say they have clicked on an advertisement

• 51% of businesses that use social advertising find it to be effective

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16% of page subscribers

regularly see your posts

A Facebook Fan is worth $174

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3 Types of Facebook Ads

1. External site ads

2. Page promoting ads

3. Promoted posts

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These ads take users away from Facebook and to the advertiser’s website.

External Site Ads

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Page Promoting Ads

These ads allow you to promote your page and gain more Likes.

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Promoted Posts

Help you reach more of your fans

Creating Effective Ads

The Image is Most Important

Make it BIG

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Include Clear CTA’s

And the Social Proof to Drive It

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Target for Your Audience

With 6 Different Options

1. Country

2. Custom audiences

3. Interests

4. Gender

5. Behaviors

6. Connections

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Bidding Guidelines

For Effective Campaigns

• Track conversions

• Optimize your CPM

• Don’t bid too low and miss out on people

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Best Practices

For Effective Campaigns

• Daily budget = 5x your bid

• Conversion goal should generate at least 25 conversions per day

• Don’t bid too low and miss out on opportunities

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Key Metrics to Monitor

For Effective Campaigns

• Reach

• Frequency

• Cost per action

• Likes

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Additional Resources

Simple, Effective and Affordable

Local Online Marketing

Search

Social

Mobile

Email

Advertising

Website

PR

Lead Gen

Get your free SEO report today! localvox.com/free-seo-report

E-Books

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Blog

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More Local Marketing Resources

Q&A Please use the chat feature to ask your question. If we don’t get to your question today, email us at [email protected] or tweet us with #LocalVoxWebinar.