10 Steps to Learn More about Facebook marketing
With the latest predictions that the number of active Facebook users will reach 1 billion in 2012, some CEO and marketing managers may be wondering; why just jump in?
More than 8XX million people in one basket and Facebook still growing. All marketers wet dream. I have conducted a mix of strategic and tactical advices regarding Facebook. These advices are targeting both to newbie’s and intermediate skilled social media marketers and Facebook page community managers. Hopefully my tips will contribute in different ways to increase your (their) success factor.
Note: I write short posts and a few long posts. This post is long and more like an article and you will need to invest more than 3 minutes…. I could split it up in 2 or 3 parts, but that’s no point regarding this blog theme format. Too busy? Welcome back another time! That said; hopefully it will be worth your time! Comments appreciated ;-)
What is Likeonomics?
“Likeonomics is a term that explains the new affinity economy where the most likeable people, ideas and organizations are the ones we believe in, buy from and get inspired by.” Source: Rohit Bhargava Author of the new book Likeonomics – How to be more believable in the new affinity Economy (2012).
STEP 1: What do we want to accomplish with Facebook?
Before your company create a NEW Facebook page or re-make your existing page to the new Timeline page setup, you should step back and re-think some important questions and brainstorm across your web, marketing and communication/PR department.
Start with some strategic questions:
- Do we want to sell (F-Commerce) our products or services on Facebook? Why?
- Do we want to increase sales & get traffic from Facebook to our WebShop? Why?
- Do we want to use Facebook for branding purposes? Why?
- Do we want to use Facebook for marketing? Why?
- Do we want to use Facebook for PR? Why?
- Do we want to offer customer support or service on Facebook? Why?
- Do we want to use Facebook as our #1 Community platform? Why?
- Do we want to use Facebook as prospect lead nurturing platform? Why?
- How do Facebook fit into existing or new market, communication/PR strategy & tactics?
- How do Facebook fit into existing or new social media platform mix?
- What is our wanted/expected ROI for our Facebook efforts?
In addition to these questions; if it’s too long time since your company did an overall “Status Quo” digital brand audit, including Social SWOT and Gap analysis, which should help your managers and team to agree on and understand where your company stands today.
Such audit will further point out your direction and help you build updated or new action plans for web, mobile and social media multi-channel marketing. You should also be able to decide what kind of content you want to publish at your Facebook page, uniquely and coordinated with your other platforms and channels.
Read more about this kind of strategic exercise in my post: 20 steps to consider building your digital strategy: http://bit.ly/xX7R0Q
I know you will find tons of other interesting strategic questions out there on websites, FB pages and in the blogosphere, but my purpose with my prioritized top level yet “simple” questions mentioned above, is to PINpoint some key versatile strategic questions and considerations, either your business is B2C or B2B, small, medium or big size.
Imagine that Facebook is a giant toolbox, or a big box of Lego (We all played with Lego, and some of us still are!): All the parts are there, but you have to put them all together to make something interesting and/or unique. It’s up to you what you want to build, depending of your goal and objectives! Establishing your brand or company on Facebook means giving up some control (Technical and viral), but if you play your cards right, you will earn engagement and influence back.
If you want read more about Viral and Word-Of-Mouth marketing check out my previous post:
Empowered by the Crowd - Why is Viral marketing so Powerful? http://bit.ly/x0ytIN
STEP 2: Identify & define your #1 Goal with Facebook
Before you write down your #1 Goal, brainstorm across your web, marketing & communication/PR departments. Brainstorm, write down all suggestions, then identify a top 5 list, then prioritize and choose and define your #1 Goal! Don’t be in a hurry! This is maybe your most important decision and choice after all.
I know this seems a little harsh, but it seems hard to succeed when companies tries to have too many goals with one channel. Remember what happens when chasing two rabbits? ;-) But of course you need to backup your #1 Goal with several objectives to support your Goal.
If your company both want to sell, promote, market, do lead nurturing with prospects, online branding, community building with fans and try to do reputation building as well….I know I’m sounding grumpy now, but you have to prioritize and choose one path, one #1 Goal! It does not mean if your #1 Goal is selling more products, that you should forget your online reputation on Facebook.
It simply means “Eyes on the Prize” kind of advice. If you define i.e. 5-10 goals with your Facebook page you will probably get problems with your content consistency and to build trust over time.
It’s the same with your website front page or important web landing pages: You don’t want to squeeze all products, services, info, news, offers, promos etc. into one page. You do have different pages with different purpose and content, different call-to-action and desirable CTR (Click-Through Rate) and conversion goals.
If you do have managed to define and monitored your web metrics and analytics, you will shortly understand why I recommend some of the same steps with your Facebook page and with your Facebook marketing.
Here are some examples of Facebook Goals with example tactics to support the goal:
- Goal: We want to sell more stuff on Facebook!
Example tactics: FB page with F-commerce/store front, Sale & special offer with onsite Call-to-Action sale funnel, increase sales conversion rates, FB Insights or Google Analytics/Webtrends
- Goal: We want to sell more stuff in our WebShop!
Example tactics: On-Page + Off-Page SEO (Inbound link building), Google Adwords, FB page, FB ads, marketing & special offer content marketing, lead nurturing, get webshop visitors from FB, URL/campaign tagging & measurement, Google Analytics/Webtrends, increase WebShop conversion rates
- Goal: We want to market our products/services
Example tactics: FB page & FB ads, lead nurturing, closing sale at Website, increase conversion rates, FB Insights
- Goal: We want to build increased Brand awareness
Example tactics: FB page, FB ads, viral marketing, get traffic to brand website, increase Website unique visitors and CTR, FB Insights, Social Media/Brand/Buzz/ORM monitoring tool ( i.e. Radian6, Sysomos, BrandsEye, Trackur, ViralHeat) campaign manager (ROI) tool: SWIX (http://swixhq.com/)
- Goal: We want to build our online fan community
Example tactics: FB page, FB ads, super fan groups, contests, polls, funny stories/pictures/videos, engaging & sticky content, increase # of Likes AND engagement ratio
- Goal: We want to offer customer services/support
Example tactics: FB page, FB ads, service group, support group, increase # of Likes AND feedback rate
TIP: I recommend all brands to use Social Media/Brand/Buzz/ORM monitoring tools! In fact, I advise clients to first start listening and to learn the tone of voice & channel formats from their target demographics or stakeholder, BEFORE launching their first Facebook page.
Define your goals, objectives, KPIs and then choose tool (s) that actual are able to measure your objectives and KPIs. If you want to read more about monitoring the buzz; read my post:
HOW TO - Work more tactical with Social Media and ORM monitoring tools: http://bit.ly/e60bw8
After your company have decided #1 Goal with Facebook, then it’s smart to break up your goal in some tactical objectives and then define your KPIs to measure your progress and success towards your ultimate goal!
STEP 3: Identify & define your tactical Facebook Marketing objectives
Ad objectives:
- Lower cost per click
- Higher CTR
- More impressions per buck
FAN boosting objectives:
- More relevant fans (Not only passive Likes)
- More influencers & advocates
- Lower cost per fan
- Faster fan growth
POSTING objectives:
- More impressions & reach per post
- Higher Feedback rate
- More comments per post
- More likes per post
- Higher Engagement rate
Web traffic (from your Facebook page ) objectives
- More clicks from posts to; web, landing page, campaign page or blog
- Web traffic from Facebook Ads
- Higher web conversion rates on desired pages (Fulfillment of planned Call-To-Action)
STEP 4: Identify & define your Facebook Marketing KPIs
When your goal and objectives are defined, you need some easy to follow KPIs (Key Performance Indicators) metric, to measure your progress towards your goal. When your Facebook page or ad campaign project is 1, 2,3 or 6 month old, how will you know if your efforts are a success or not? Here is why you both need to define your KPIs and success criteria’s, and share these across your organization.
Remember: You can’t manage, what you don’t measure!
Ad metrics:
- Cost Per Click (CPC)
- Click-Through Rate (CTR)
- Cost Per Impressions
- Total number of impressions
- Budget/Spend
FAN boost metrics:
- New fans (Likes) added per day
- Cost per fan
- Click-Through Rate
- Action/Connection Rate
POSTING metrics:
- Impressions per post
- Feedback Rate
- Comments per post
- Likes per post
- Engagement Rate
WEBsite result metrics:
- Click-through Rate from FB post to webpage
- Web Conversion Rate of FB ad
- Web Conversion Rate of post traffic
- Other social media platform share referrals
Your KPIs should follow the SMART framework:
This means that the KPI metric has a Specific purpose for the business, it is Measurable to really get a value of the KPI, the defined metric have to be Achievable, the improvement of a KPI has to be Relevant to the success of the organization, and finally it must be Time phased, which means the value or outcomes are shown for an agreed time period.
STEP 5: Urge to fail, but fail fast!
Learning by doing. Learn from others mistakes. Learn from yours. Prioritizing what goes “Good VS. Very good” is essential. Stop doing what’s not.
STEP 6: Selected Facebook tactics to consider
Pages
Setup your FB Page with the new Timeline framework. Use a header page brand image coordinated with your existing style, colors and logo etc. If you need more technical details to setup Timeline and Pinning, you find many good tips if you ask Google! ;-)
Groups
When numbers of likes and engagement amongst your fans increase, it is time to consider creating some groups as well. I.e. create groups for your products, services, events, super fan group etc. With a special or niche group, you get the fans to feel their treated in an exclusively way!
Setting the Tone
Deciding your tone can be the most difficult thing to do, but is crucial. Facebook is about emotions, passion and interests. In many ways Facebook do have its own form for accepted communication and behavior. Be sure to learn from your target fans, before you launch. Learn how to do copy writing both for your posts AND ads.
Do not use your same business tone commonly used in websites. With Facebook its time to be more personalized and less business tone of voice. Dare to be unique, innovative and funny with your content. Be careful both with controversy and humor. That said; test it out on a small audience first. Don’t avoid it, just respect it.
A natural result of enabling conversations and buzz is that you cannot control those conversations, only influence and balance them.
Content Management
Choose your tactics wisely & Your Community Manager closely
Be clear what type of information you want to post on FB and not. Your social media strategy and multi-channel strategy should consider and define both the what, when and whom regarding what you publish on your website, blog, YouTube, twitter, LinkedIn, Pinterest etc. Most of us like to be treated exclusively; keep duplicating of content of your web/blog/twitter and Facebook page to a minimum.
Do not use auto post software too often. Keep both to a minimum. Facebook is for people. People talk. Remember that social media including Facebook is about creating interactivity and two ways dialogue. It is boring to have trusted your brand with following both your blog and twitter account, AND your Facebook page finding out that you are posting exactly the same content in your blog and Facebook page every day….Not cool to be busted! If you lack resources or time (Or both), put your time into fewer channels and platforms, and focus on a few with higher quality!
Make a content plan with time schedule and responsibly person creating and publishing for i.e. your website news page, blog, twitter, YouTube AND Facebook posts. Distribute it internal and get your colleagues to create content! Creating content should be distributed and as many as possible should contribute.
Building fans VS. Passive Likes
A social media strategy, including goal and objectives for Facebook should also describe the focus in content tactics. Content management is crucial for success. Just accomplishing 2000, 5000 or 10000 likes is NOT a goal in its self. You need a plan for how to create fans out of Likes, and how to be compelling and sticky to keep them engaged!
It is better with 3000 likes, with higher percent of feedback and engagement rates AND web conversion rates, than 10000 likes and 9000 passive “not real fans” Likes. You need to create your tribe. Perhaps create a unique group for your most engaged super fans and influencers.
You need to get likes from people who need what your brand offer! So do have focus not only on number of Likes, but quality VS. quantity.
Like Gating - “Sales tricks” out of date
Some brands are/was using Like Gating to build their target fans. They used Gating as FB landing page for new visitors. The upside with Like Gating is that the visitor can read why they should Like the brand/page and what to get in return (One-time special offer, coupon code, free e-book etc.) or expect when they become fans. This provided a kind of “quality filters” of your likes. The downside of Like Gating is that you can’t take a “free tour” and watch content on all available tabs before deciding.
Timeline have changed and closed this kind of landing page feature!
Non-fans, instead, will see the wall and all shared content as it exists on the Timeline. You can if you want still Gate, but the only way a user now can interact with this Like method will be to actively click your Tab that is Gated. This also means that to attract new Likes, with Like Gating, by some called “sales tricks” is out of date.
That again means that your main picture, copy writing, pinning and use of visual exciting pictures, compelling and sticky posts counts even more. And that’s good!
Test out what kind of Pinning that makes most Likes and engagement. You will be able to PIN your top piece of content at the top of your timeline for a 7 day period. Then you must change the content.
The 1% effect Rule
It is a lot of surveys out there about how often people click Like, number of post seen etc. etc. Most of them are biased from the company who ordered the survey or by the marketer. Nevertheless here are some “FaceFACTS” based on numbers and insights assembled by author and blogger Brian Carter:
The 1% effect Rule
- Most Google Adwords marketers look for at least 1% CTR
- Most e-commerce sites tries to get at least 1% of visitors to buy
- When a FB post ask people to like or comment, usually at least 1% of those who see it will do it
- When a FB post include a hyperlink, usually at least 1% of people who see it will click on it
- On average across different branches, about 1% of e-mail subscribers clicks on URL to your web
Regarding FB ads the common average ad get a 0,1% CTR (1 out of 1000). Search ads such as Google Adwords get higher CTR mainly because people actively type the search after their interests and favorite subject, and the Ads is then showed on the top of the page and the look is close to the search results. Source: Brian Carter.
So indeed, volume is important, but to increase engagement and deliver desirable Call-to-Action funnel and conversion rates, you really need a crowd of fans, not only Likes.
STEP 7: How to market your Facebook presence
In the same way you have to market your Website with tactics such as On-Page and Off-Page SEO and SEM/PPC to increase your digital visibility, you probably need to market your Facebook page in a few or many channels as well.
Not all your prospects or customers are on Facebook, neither all your blog readers, twitter followers etc. And to move your existing fan base from one channel to another will not solve much, will it?
Let me illustrate a scenario: A company has 2000 blog readers per day and 4000 twitter followers. They want to sell more stuff with their Facebook presence. Then they setup a Facebook Page. Is the starting fan base potential then 6000? Maybe, or maybe not:
The 2000 blog readers can be half of your twitter follower crowd (Of course this is often mixed). And let’s say you get “lucky” fast; and do get 6000 Likes from existing fan base to your brand new Facebook page. Does this mean that you now can sell more stuff if that is your goal? No, probably not!
Until now, you have just relocated and/or duplicated the same people interesting in your company or brand. If they haven’t taking your content bait in other channels, they probably will not bite on your Facebook hooks if you continue with your same content.
Therefore: Adjust your content for posting on your Facebook wall. Your content tactics including timing, frequency and consistency are all crucial factors towards success.
The viral mechanism and ecosystem inside Facebook is unique. People trust their friends and their peers, and gladly (and easily) give away their Likes and pass on their recommendations. Therefore have some brands really succeeded in growing huge crowd of fans.
But there are brands that succeed in building big crowds with twitter, others with their blog and others again with YouTube. And some have been reaching their social media goals without Facebook.
As I try to describe in this post, success on Facebook depends on several factors, and i.e. success with twitter do not necessary mean success with Facebook and vice versa. And remember that your web is still the hub in your multi-channel marketing mix.
Your web is your first place to promote your Facebook page
The first thing to do is to tell your web visitors about your Facebook presence, and tell them WHY it is a must to join you there! Use easy to find (In header or footer) Facebook icons on every webpage to signal your other digital places.
E-Mail “Like us on Facebook” Campaigns
Bad title, I know, but very common. You should do copy writing so good on your website and in other channels, so you don’t need to express: “Like us on Facebook”. You should instead communicate your value propositions, and think as your audience: “What’s in it for me?”. Explain WHY. Give them a good reason to Like your page.
If you are smart (I know you are, because you have read to this line), you have a link or button that tells your web visitors that they can subscribe to your e-mail newsletter etc. If you have built a good e-mail subscriber list, of course you create a smashing visual web 2.0 mail (With MailChimp or other similar services) with optimized copy writing text & Facebook link bait, and include viral marketing text to create “Tell a friend” and “Pass it on” actions.
Twitter marketing
If you have a crowd of twitter followers, tweet about why they should Like you on Facebook. Twitter is a very good tool to promote new (And existing) websites, web pages, and campaign pages and to market a new Facebook page.
Opposite to PPC ads, twitter (still) is free to use. Use relevant #hashtags to find your new target Facebook fans. Tag your Facebook tweets with URL/campaign tags so you can track which tweet and version of copy writing that gives most traffic to your Facebook page (or web page).
Facebook Ads
Facebook ads are cheaper than i.e. Google ads. So if you want a jumpstart and need to create volume fast, you need to start ad campaign with a adjusted budget related to your wanted ROI.
Google, Yahoo, Bing ad campaigns especially for your Facebook IF you need it, but put your money in Facebook ads for your Facebook page and spend some minimum budget on the top 3 SEM providers to market your website/blog.
Check out what recognized Nielsen Company say about Ads VS. Social Ads:
Sponsored Stories
"Sponsored Stories is an ad format that turns your friends’ actions into promoted content. Sponsored Stories is “a way for marketers to sponsor activities that happen throughout the News Feed,” Facebook Product Marketing Lead Jim Squires told Mashable. Companies can choose to take certain user actions — such as checkins or actions within Facebook apps — and feature them in the column on the right side of the News Feed."
Source Mashable: http://mashable.com/2011/01/25/facebook-sponsored-stories/
How Facebook Sponsored Stories Can Boost Engagement
"Sponsored Stories depart from the typical Facebook ad unit. By incorporating social endorsement prominently into ads, Facebook sponsored stories are more relevant to the average user, and more likely to be clicked on than traditional Facebook ads. When done right, sponsored stories provide a significant boost to click-through and conversion rates, in part because these ad placements appear not only on the sidebar, but also within users’ News Feeds."
Source Mashable: http://mashable.com/2012/03/13/facebook-sponsored-stories-advertising/
STEP 8: Facebook Lead Nurturing
Your goal is not only your 5000 or 10000 Likes right? With Facebook Lead I mean all (both prospects & customers) fans that you want to fulfill any wanted Call-to-Action on your website OR embedded F-commerce storefront, start point Facebook.
Website Call-To-Action will depend on your goal and objectives and whether you sell stuff or not. Getting donations, recruit new members, download a whitepaper or submit to an event is all examples of Call-To-Actions. Your Lead nurturing goal is conversion!
Here is what HubSpot says about the important Lead Nurturing process:
"How did an individual lead first come to find your website? In search? Via Facebook? From direct traffic? Is that lead an active part of your email subscriber base, often clicking and converting on marketing offers presented via email? Do they read your blog? Marketing analytics can tell you all of this and more, providing you with extremely valuable lead intelligence that can be applied to such marketing initiatives as Lead nurturing.
This enables you to track how your individual prospects and leads are interacting with your various marketing initiatives and channels over time.
So what exactly makes marketing analytics different than web analytics? HubSpot CMO Mike Volpe can clarify:
"Web analytics measure things a webmaster cares about, like page load times, page views per visit, and time on site. Marketing analytics, on the other hand, measure business metrics like traffic, leads, and sales, and which events (both on and off your website) influence whether leads become customers. Marketing analytics includes data not only from your website, but also from other sources like email, social media, and even offline events. Marketing analytics are also usually people-centric, featuring the prospect, lead, or customer as the unit of focus, whereas web analytics usually regard the page view as the unit of focus in its reports."
With marketing analytics, marketers can understand the effectiveness of their marketing, not just the effectiveness of their website. Using marketing analytics allows marketers to identify how each of their marketing initiatives (e.g. Social Media vs. blogging vs. email marketing, etc.) stack up against one another, determine the true ROI of their activities, and understand how well they're achieving their business goals." Source: HubSpot
TIP: Make a unique landing page at your website for your FB fans, with adjusted unique content!
STEP 9: Identify your ROI of Engagement
Some people are talking about that measure ROI of social media efforts is difficult or a waste or not possible. They are wrong. It is possible and highly recommended to identify and define your wanted ROI for many aspects of your social media efforts and campaigns. And it is both possible and analytics can be real time delivered for fast changes and tweaks of your tactics.
You should define your own ROI metrics based on your specific goal and objectives, and you can monitor your results manually or use social media/campaign tools to setup your goals and measure your results. One example of such social media campaign tool is: http://swixhq.com/campaignmanager.html
Common social media ROI metrics are related to influence, reach, engagement, sentiment, and numbers of X, and ultimately conversion rates.
I have conducted some common metrics in my post: Social Media ROI metrics to consider: http://bit.ly/vkH87N
You will find several similar metrics within Facebook Insights, or you can setup Google Analytics or Webtrends to monitor your goals.
STEP 10: F-Commerce & Marketing
A recent survey of more than 100,000 retailers on Facebook, many with no more than 500 likes. Findings in this survey tell that the retailers use both Facebook ads and getting traffic to their storefronts via outside channels.
e-Commerce platform Payvment, which conducted the poll, found that nearly 40 % of respondents were using Facebook Ads, and 70% of those respondents saying they would do so again, with their reasons including:
- Like and customer acquisition, 68%
- The ability to start and stop campaigns, 60%
- Facebook’s targeting capabilities, 60%; and
- Ease of use, 55%
Of the 30% of Facebook ads users who said they would not return:
- 68% said they were not successful in acquiring likes or customers
- 65% said Facebook ads are too expensive
- 25% said they didn’t understand how to use the platform
Payvment also found that the retailers in the poll said their non-Facebook marketing methods were being used to drive traffic to Facebook storefronts:
- Company website, 38%
- Twitter, 34%
- Email marketing, 30%
- Print ads, 12%
- Direct mail, 9%
- Google search ads, 8 %
Source: http://www.allfacebook.com/payvment-infographic-2012-03
To sum it up:
Facebook is Social Media on steroids. It is the World’s biggest digital social river. When Facebook changes something, we follow. Most people find something to love and hate with Facebook. But they keep using Facebook. The ease of Liking, connecting, publishing, sharing and commenting, are all mechanisms which facilitates Word-Of-Mouth and pass-it-on habits.
With low priced hyper target marketing possibilities (Ads), social commerce based pages (F-Commerce) and easy viral capabilities, shows that The Recommendation Age is truly documented by Facebook. Just remember to start with your social media & content strategy and your multi-channel tactics first.
Fish where the fish are! Use bait in several rivers, not only one. Fishes swim both inside and outside Facebook. Choice of social media channels and type of content depends both on the nature of your business, products and services, AND where your target fish swim!
Facebook is not for every kind of businesses, yet. Today’s “One size fits all” Facebook statement, does not give all marketers their wanted flexibilities. They love their blogs instead.
My advices are; if your company is small or have few resources or time, it can be smart to start with a blog. Learn and grow your digital communication skills there, and then create your Facebook page when your ready to rock the world!
If your company size is medium or big, be sure to include both digital multi-channel tactics, (i.e. blog, twitter, YouTube, Facebook) Social SWOT and Gap Analysis into your digital strategy planning process.
For all; when the platforms and tools are alike for everyone, it is HOW you use them, and WHAT content you publish that can support your digital i.e. storytelling, marketing, branding, image, reputation and sales.
It is with HOW and WHAT you can innovate and differentiate!
Welcome to the Facebook Era! What’s not to Like?
My question to you: What is your number 1 Goal with your Facebook page?
Please share a comment, start a discussion or share your insights if you like?
This post is based on insights from the following sources:
Bhargava, Rohit (2012) Likeonomics - How to be more believable in the new affinity Economy
Carter, Brian (2012) The Like Economy
Haugestad, Rune (2009) Social Media Strategy. SlideShare: http://slidesha.re/w5bAZx
Haugestad, Rune (2009) e-Marketing Strategy. SlideShare: http://slidesha.re/xBTAjG
Klososky, Scott (2011) Managers Guide to Social Media
Safko, Lon & Brake, David K. (2011) The Social Media Bible
Shih, Clara (2011) The Facebook Era






