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Facebook ...Where Friends, Enemies Gather

Guest post by: Andy Marken

Article Overview: Facebook is out to change its ways for you because well it might have been just a tad over aggressive in following you follow your friends...just a tad. But they're going to make it all up to you by giving you more ads to make more money so they can do their IPO (initial public offering) to make even more money. Whether it's your company, you, your friends or Zuck's friends it's going to be fun to figure out who likes who and why.

Facebook ...Where Friends, Enemies Gather

When the Internet was in its infancy, an editor once commented to us that if a person didn’t have an email address, he had no reason to talk with him.

Today, if you don’t have a Facebook page, it’s almost as though you don’t exist. That’s true of individuals; and increasingly, it’s true of companies. That’s because Facebook is the location to go for news, information, ideas, and friends.

In six years, Facebook has gone from zero members to more than 800M (latest “official” count).

Global Momentum – People can’t produce infographics fast enough to keep up with Facebook’s growth. This recent chart was dramatically outdated by Zuck at f8, the organization’s developer conference, when he reported Facebook now has more than 800M “citizens” around the globe and is published in more than 100 languages. Source – pingdom.com

Put in a global perspective that would make Facebook the third largest country in the world, behind China and India.

Because of its size and influence, Facebook has become a major source and resource for businesses. Its rapid growth and global reach is impressive, to say the least.

Facebook outsizes all of the other online social media … by a lot.

Mark Zuckenberg, CEO, sees Facebook becoming the “open” resource for individuals, organizations, friends, foes.

Regarding the openness and sharing, he recently said, “People have really gotten comfortable not only sharing more information and different kinds, but more openly and with more people - and that social norm is just something that has evolved over time.”

It seems like the more the company offers to its users, the more they use it.

They’re Busy

Every month, the average Facebook user:

- Has 130 friends on the site

- Sends out eight friend requests

- Clicks Like nine times

- Writes 25 comments

- Becomes a fan of two pages

- Invited to three events

- Member of 12 groups

Every day:

- 50% of users log on

- 35M update their status

- 20M become fans of pages

- 48% of 18-34 check 1st thing in the morning

- 28% check on smartphone before getting out of bed

In addition:

- Facebook hosts more than 200M pages

- Facebook hosts nearly 1M local business pages

- 50% of mobile users are active

- 3.5B pieces of content are added every week

- 2.5B photos are uploaded weekly

- 3.5M events are created every month

- Facebook supports 70 languages, 100 with translation services

- 57% of people talk to others online more than in real life

- 48% of young Americans find their news on Facebook

Studies also show that:

- 48% of the people online go there to meet new people

- 32% feel empowered to do something they want to do

- 20% lash out at companies, brands

For Facebook, it’s all about sharing – and selling – so Zuck isn’t big on that privacy thing, “By giving people the power to share, we're making the world more transparent.”

Facebook Knows

Of course, all that transparency is put to good use by Facebook. It was recently reported that they gather an average of 800 pages per user.

Most companies and organizations viewing the list can see a lot of marketing potential in having a sound and constantly fresh page on Facebook.

Money Machine – Many organizations – large and small – have rushed to Facebook to have a major page presence even though the ability to measure results have been mixed to say the least. The growth of mobile apps is further stimulating Facebook page growth.

It’s little wonder that organizations large and small have rushed to Facebook to get in on the ad click information and to homestead their own pages.

The top brand pages are:

- Facebook – 35M

- YouTube – 28M

- Coke – 22M

- Starbucks – 19M

- Disney – 17M

While you may be quick to say your organization is no Starbucks or Disney, being present on Facebook or not isn’t an option.

Facebook’s recent SMB survey found:

- 46% were sole proprietorships

- 39% had 1-5 employees

- 77.5% created their Facebook page through Facebook

- 16.5% used a DIY Facebook tool

- 85% created business simply by sharing information about the business

- 62% share content – photos, videos

- 46% customer conversations

- 27.2% customer support

- 22% other

- 47% reported they saw an increase of website traffic from Facebook

The key is being there in a meaningful, profitable way for the Facebook user and you.

The worst thing you can do with Facebook, your website, your marketing/sales activity is be boring. With Facebook that means having your page become stale. You need to gain your fans’ attention and keep it.

Pages for Fans

A good way for almost any organization to achieve this is by using the Facebook Marketing Strategies Infographics (type Facebook Marketing Infographics in your search engine for more hints).

Choose a tactic from each category and combine them into a meaningful, results-oriented marketing campaign.

For example:

- Fans: Ask fans to Share

- Events: Host a special, limited time, meaningful award activity

- Contests: Crowdsource content – remember people like photos

- Share: meaningful prizes

- Ongoing: Hold a photo contest

- Collaboration: work with other sites

- QR Codes: Use QR code to link to information, locations

- Ads: promote the Facebook page, activities in your ads

Have active page fan participation by having them select winners. Encourage fans to have their friends to visit the page and vote.

Keep your Facebook page fresh so fans come back weekly if not daily. Offer fans prizes for attracting more people to not just Like the page but to also become a fan.

The challenge for all of us when time and money are in critically short supply is to determine how well your Facebook effort is working and your real or intangible ROI (return on investment).

Work in Progress – Measuring the success or shortcomings of social media such as Facebook is an evolving process. Some feel conventional and emerging measurement techniques are okay but. Others believe it is too soon to make an accurate measurement of such a young and evolving marketing channel. However, everyone is working to show they’re experts. Source – Forrester Consulting

Everyone has different criteria and priorities for their Facebook activities; so don’t focus just on the cash register because a sound effort can help you expand your fan base over time or maybe keep products from returning home.

Both can show your success in the short- and long-term.

Page Riches – While there is an ongoing disagreement regarding the value and ROI of social media such as Facebook, the one thing everyone agrees on is that if you aren’t there trying you can’t reap the benefits. How you strike it rich depends on your long-term goals.

In some ways, it’s like panning for gold in the early days of the West. You know it’s there and you just have to keep swishing the pan around to pick the nuggets from the gravel.

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Article Tags: Facebook, rsquo, rsquo



Related Forum Posts
Re: Facebook -- personal vs. business? - [quote="DaveGilbert":p04ea6ji]Facebook use to be a good resource however they have clouded the sites usefulness by allowing too many games on there, these days it is more of a gamers forum than a social site or a business venue[/quote:p04ea6ji] Dave, I think it may depend on who your Facebook Friends are. I have plenty of friends who seem to game...but they don't post it on their profile (or at least it doesn't appear in my newsfeed). However they do generate useful business discussions on Facebook that I participate in. Not advertising or even as formal as a blog (which are already quite informal, in my opinion, compared to articles for instance), but business mixed with the personal discussion that I, as a solopreneur, find useful. [quote="Mal Tindle":p04ea6ji]If I could go back to Facebook and register separately I would do it but as you say I don't think that is possible.[/quote:p04ea6ji] Mal, You *can* create a fan page for your business, separately from your personal profile. I know many folks who have both and direct business folks to their page, myself included. They also have had success driving traffic to their fan page with Facebook Page Ads; and from there driving fans to their blog, etc. No formal study, just my anecdotal observations...
Re: pitching - Friendliness is closely related to the concept of "permission marketing" as articulated by Seth Godin. The subtitle of his book says it all: "Permission Marketing: Turning Strangers into Friends and Friends into Customers." The old method was "interruption marketing" where you suddenly get an ad in your face whether you want it or not...
Re: Social media question - Facebook is where I get all my traffic. Facebook is great, because you can create fan pages and your customers come to you. Twitter is good, but I just don't see the same results. I think Facebook is the most popular and it's easier for people to find what they're looking for.
Re: Facebook Advertising? - Facebook has more than 700 million active users and half of them log in on a daily basis. Through Facebook advertising, you can be sure to reach any particular segment. Conventional advertising models are expensive and difficult to reach a narrow target. Facebook advertising is one option that can get you results and target specific user groups. You may be the local beauty parlor, restaurant or a Fortune 500 organization, but eBizUniverse will show how to build your brand equity through Facebook advertising. Consider these ideal scenarios: You own a restaurant and wish to target those who are recently engaged to be married for their catering business. All you need to do is to find the women with the relationship status of “engaged” on Facebook and you have your desired segment with Facebook Ads. (See Sample Ads Below) There is a birthday special that your restaurant is offering and the Facebook Ads would be displayed only to those whose birthdays are in the offing. An event is being organized and you wish to target local college graduates, who are single and 25-35 years old. They are on Facebook and you can reach them with Facebook Ads.
Re: Are you going to use Facebook Timeline? - Hi apu, I Recently used Facebook Timelines, actually it seems like a Facebook blog which makes profile page more attractive but i don't think it will help in internet marketing because it also slow the speed of Facebook Page. Share your Experience!


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