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Facebook Shows You 5 Important Ways To Measure Success

5 new Ways to Measure Facebook Success

Measuring Facebook key to Social Media Success

When you are running ads on Facebook, different options exist for executing campaigns today. That includes the tracking of actionable success metrics.

You are probably familiar with the sponsored (paid) ads. But, you might also consider the sponsored stories, which can be really good for your brand lift.

How do you determine which is better for you business? Analytics and monitoring is key.

 

No matter what you choose, including the (must-do) free options (the Facebook account itself, events, groups, applications, newsfeeds, etc) – it will be important for your business to reveal what your users do on your Facebook network.

Performance graphs, real-time measurements and in-line ad management are a few of the new things you’ll need to understand.
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Social Media Tools: Listen, Analyze, Engage

Social Media Iceberg

Image by Intersection Consulting via Flickr

For those of you not familiar with social media, here’s a brief description: “media that is social”. Funny, but true.

We see so many organizations that begin with social media, and they set up a Twitter or Facebook account and tell us their are doing social media.

When we look a little closer, we can see it’s nothing much at all, and its typically “one-sided”, meaning they only speak about themselves, and nobody is engaging with them.

Maybe the reason is that they didn’t build out a strategic plan with specific goals and targets, as well as not understanding that listening is the second word (after competitive & market research) to learn in social media.

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A Simple Facebook Guide – Advertising Tips – Reporting/Metrics (Part 4 of 4)

Facebook is easy if you know how. This is a short guide (part 1, part 2, part 3, part 4) for learning how to start Facebook Advertising.

Facebook Data.

The most well researched ad won’t do you much good if you don’t take advantage of FaceBook’s reporting and metric functionality.

It isn’t enough to post an ad; you must also take a minute to see what is working and what isn’t.

Facebook metrics make it easy to review ad data and info on users who view or click it.

Understand your environment.

Understanding whom an ad appeals to or who clicks the giant go away button can help you craft more effective ads.

To be effective, review profile information, click through rates, impressions, social likes, and even information on those where your ad was cancelled (stopped). Keep in mind that a low CTR is expected. If you are used to seeing 2-4% click through on Google Adwords for example, don’t expect that for Facebook. The key is to continue the cycle explained in each of the Facebook Guide posts we’ve shared with you.

Testing images, titles and body text and running reports to see how you do will be important. Keep in mind, different times of day will have an impact as well. You can add a special URL tracker to see where the biggest impact (clicks/engagement) happens.

A Simple Facebook Guide – Advertising Tips – Facebook Setup (Part 3 of 4)

Facebook is easy if you know how. This is a short guide (part 1, part 2, part 3, part 4) for learning how to start Facebook Advertising.

After all the thinking and research, it’s finally time to set-up your Facebook ad.

Now the fun really begins.

Use the information developed in steps one and two (links above) as guiding principles as you choose a title, text, a destination URL and a picture for your ad.

Remember!

Your title need to be attention grabbing and less than 25 characters.

Text is even more difficult – 135 characters to reach your goal.

A stunning and representative picture is also critical.

To finish, top off the ad with the destination URL that most represents your company or product!

Find more Facebook Ad setup tips here.

Don’t be afraid to test.

In fact, if you spend too much time analyzing here – you’ll never get out of the starting gate. Testing is key. Run reports daily, and learn what works – and what doesn’t.

When you create ads, make sure you are targeting your audience – in a way that “speaks to them”. Don’t throw sales jargon out there. Be a friend, and use the “friend of friend” feature to have people “Like” your ad as well.

Consider using a Fan Page directly, and test between pages (website and Pages).

A Simple Facebook Guide – Advertising Tips – Competitive Research (Part 2 of 4)


Facebook is easy if you know how. This is a short guide (part 1, part 2, part 3, part 4) for learning how to start Facebook Advertising.

Competitive Research.

Defining goals is only the first step of a successful Facebook ad campaign.

Next, focus on competitive research.  This research plays a role not only in creating targeted ads, but also in creating a feasible budget for ad placement.

Build a competitive analysis by focusing on a couple of factors.

The first is your targeted demographic.

Facebook makes it simple to target almost any group of people you can imagine, so picking the right one is critical.  Next, spend some time researching the language or ‘keywords’ you ad will include.

Competitive research is step two in a winning Facebook campaign. Make sure you understand your audience and target smaller chunks of your demographic – don’t go too broad at first.

Do you know what your competition is doing?

Search for them in Facebook, and check other important social media channels like Twitter, LinkedIn & YouTube. What are they doing there? How are they “inter-linking” social media assets and Facebook. Do they have a Facebook fan page specifically, or just a profile page? How often is content updated? What ads are they running? (if at all)

A Simple Facebook Guide – Advertising Tips – The Strategy (Part 1 of 4)


Facebook is easy if you know how. This is a short guide (part 1, part 2, part 3, part 4) for learning how to start Facebook Advertising.

If you are looking for more ‘face time’ with potential customers, advertising on Facebook may be great opportunity.

Begin your quest by identifying some workable goals.

Remember that not all ads are driven by the force of the sale.  In fact, a more workable solution may be using Facebook advertisements to generate leads, increase brand awareness or generate increased traffic for a specific page of your site.

Use these goals to help develop text for your ad – always remembering that Facebook limits the number of words you can use.

A successful Facebook strategy always starts with identifying  specific goals. What objectives are you thinking about?

So, what goals have you defined? Here are some examples:

How many leads? How many new likes? How many fan pages? How many ads? What pictures to use? How many new content pieces each day? Contests? Quizzes? What else?

And, goals don’t get met in a day. Space these over time, and make sure you have a process in place to make it happen. Build out a plan for it, including resources if you don’t have it.

Privacy Issues: Deleted Online Photos May Not Really Be Gone!

You know that those embarrassing vacation photos that you posted on your social profile page last year may come back to haunt you, which is why you went back in later and deleted them. Problem solved, right? Maybe not.

A recent Cambridge University study, photos deleted from photo sharing sites such as Facebook were still available thirty days later.

According to the BBC, sites like Facebook store photos in one place and their main page in another, which can account for a delay from the time that you delete a photo to actual photo deletion. Seven of the sixteen sites tested, including Facebook, failed the test.

Facebook allegedly denies the findings of the study, telling CNN.com that “when a user deletes a photo from Facebook, it is removed from our servers immediately.”

Whether the findings of the study are accurate or not, studies like these serve as a warning to anyone who posts photos online—make sure that you aren’t posting anything that would embarrass you if your co-workers, clients, relatives, friends, or potential employers saw it.

Controversial Internet Filter Proposal Could Severely Limit User Access

No Clean Feed
Image by trib via Flickr

What some are calling the “great Aussie Firewall” may make Australia one of the strictest Internet regulators among democratic countries if the measure is approved, reports Yahoo! Tech News.

The mandatory filter would block access to some 1,300 government prohibited sites, including sites that feature or advocate drug use, terrorism, child pornography, graphically excessive violence and other controversial issues/topics. Critics insist that this measure, if approved is nothing less than censorship and that the money would be better spent on raising awareness about the prohibited topics.

“The filter may not be able to in fact protect children from the core elements of the Internet that they are actually experiencing danger in, “ Holly Doel-Mackaway, an adviser with Save The Children, one of the world’s largest child advocacy groups, told Yahoo recently.

Australian Communications Minister Stephen Conroy, who proposed the filter, told the Associated Press via email that “this is not an argument about free speech.”

“We have laws about the sort of material that is acceptable across all mediums and the Internet is no different. Currently, some material is banned and we are simply seeking to use technology to ensure those bans are working.”

This proposed filter announcement comes in the wake of a recent historic ruling by Australian officials, which allowed a lawyer to serve a lien on behalf of his client via FaceBook.

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More Movie Studios Turning To Online Marketing Campaigns

The red band trailer title card for the film F...

According to a recent study, film trailers, and radio and TV ads are no longer the primary way that movie studios advertise their newest releases. Since so many people utilize the Internet, social networks, mobile phones, and other electronic means of communication, studios and marketing agencies are turning to them to get the word out.

“Radio and television are passive,” Chris Gomersall, creative director at Moxie Interactive, a digital marketing agency, told DMNews. “This kind of stuff has real audiences who are really purchasing things.”

Moxie Interactive was responsible for helping 20th Century Fox create a Facebook application for the movie Jumper. Agencies like Moxie are creating social networking site pages, applications, and interactive features for users, including games and contests.

With everything being marketed online today, from movies to baby products and more, The Internet is becoming a more important resource than ever before. I personally use the Internet to shop, pay bills, bank, read the news, and yes, watch movie trailers and read about the latest movies. Think about how often you use the Internet on a daily basis I’m sure that it is a bigger part of your life than your realize.

This means that if you have something to promote, the Internet is definitely the place to do it. Forget the newspaper, the TV, and the radio. The most effective marketing tools may just be a mouse click away.

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MySpace.com and FaceBook.com – Recent Marketshare Numbers

MySpace.com received 67.54 percent of the market share of U.S. visits in August 2008 among a custom category of 56 of the leading social networking websites according to Hitwise.
The market share of U.S.visits to the social networking custom category decreased 2 percent in August 2008 to 6.40 percent of all U.S. visits compared to July 2008. Visits to the category decreased 17 percent year-over-year.
TOP SOCIAL NETWORKING WEBSITES:

Top 5 Social Networking Websites Ranked by Market Share of U.S. Internet Visits
Rank Name Domain Aug-08 Jul-08 Aug-07 YoY %Change
1 MySpace www.myspace.com 67.54% 68.23% 75.04% -10%
2 Facebook www.facebook.com 20.56% 19.48% 13.68% 50%
3 myYearbook www.myyearbook.com 1.65% 1.58% 0.46% 256%
4 Tagged www.tagged.com 1.53% 1.35% 0.62% 147%
5 Bebo www.bebo.com 0.94% 1.13% 1.38% -32%
Note – data is based on a custom category of 56 of the leading social networking websites ranked by market share of U.S. visits, which is the percentage of online traffic to the domain or category, from the Hitwise sample of 10 million U.S. Internet users. Hitwise measures more than 1 million unique websites on a daily basis, including sub-domains of larger websites. Hitwise categorizes websites into industries on the basis of subject matter and content, as well as market orientation and competitive context.
Source: Hitwise
SUMMARY:
Among the top 10 social networking websites, Facebook ranked second by market share of U.S. visits with 20.56 percent, followed by myYearbook, which received 1.65 percent.
MyYearbook experienced the largest gain in market share in August 2008 among the top five visited websites, increasing 256 percent compared to August 2007.
Tagged and Facebook followed, increasing 147 and 50 percent, respectively.

Thanks to Manoj Jasra for providing this information.

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