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Facebook Advertising Liz Lewis, Heinen’s Michael Schwabe, thunder::tech Moderator – Scott Chapin, DigiKnow
Why Advertise on Facebook? 2
3 Source: http://www.onlineschools.org/blog/facebook-obsession/
4 Source: http://www.onlineschools.org/blog/facebook-obsession/
5 So Why Advertise on Facebook?
6 Because your Customers are there!
Reaching Out To your Fans Liz Lewis, Heinen’s 7
Heinen’s on Facebook Launched Facebook page in December 2009 7300 fans (as of 2/17) gained through a combination of: Organic growth Cross-promotion on e-mail/web Paid Facebook ads 8
Fan Growth – Heinen’s Facebook Page 9
Heinen’s Use of Facebook Ads Six ad campaigns on Facebook since Jan. 2010 Lifetime ad spend: $3500 Lifetime stats: 14 million ad impressions 70% “social” impressions 5496 clicks 2255 direct “likes” from ad alone $.63 cost per click $.24 cost per thousand impressions 10
Heinen’s Use of Facebook Ads Six ad campaigns on Facebook since Jan. 2010 Lifetime ad spend: $3500 Lifetime stats: 14 million ad impressions 70% “social” impressions 5496 clicks 2255 direct “likes” from ad alone $.63 cost per click $.24 cost per thousand impressions Ads = gain of 3810 fans at $.90/per acquired fan 11
Setting up a Facebook Ad You can publicize a page, event or external URL 12
Setting up a Facebook Ad 13
Setting up a Facebook Ad If your goal is to build your fan base, make sure to target people who are not fans 14
Setting up a Facebook Ad Facebook will lower your bid for you as appropriate 15
Before starting, keep in mind… Facebook ad performance is just over half that of traditional Internet banner ads, at 0.050% CTR CTR can drop to .0200% within the first few hours for highly targeted ads Ad burnout takes place within 72 hours Facebook pulls ads from rotation when they stop generating clicks Source: Webtrends, Facebook Advertising Performance, Benchmarks and Insights, 2011 16
Key learnings Establish goals upfront Target ads appropriately Test, test, test 17
Establish goals upfront What are you trying to accomplish? Reach more fans that are current customers Find potential customers in emerging markets Advertise your website or event Set a reasonable CTR in line with Facebook performance 18
Target ads appropriately Try targeting your best current demographic, as non-performing ads are pulled quickly Look at Facebook Insights – how does the demographic compare? Non-fan friends are often great targets for building the fan base – exposure will increase as new fans are added 19
Testing Facebook Ads Run multiple versions of creative – copy, photo, etc. – in one campaign to determine the top performer Most successful ad can be used in a longer-term, CPM campaign – but keep in mind 72-hour burnout 20
Liz Lewis E-Marketing Specialist llewis@heinens.comhttp://www.linkedin.com/in/lizlewis 21
Marketing on Facebook Michael Schwabe, thunder::tech 22
Integrating Facebook Into Your Marketing Mix Determine if: Your target demographic is on Facebook You can mix your SEO and PPC efforts with Facebook or should Facebook stand alone You can dedicate budget, even on a trial basis 23
Making Facebook Advertising Work There is no magic bullet ,[object Object]
Friends, groups, other adsFlexible payments ,[object Object],You can be highly targeted in placement of advertising ,[object Object],24
How Does Facebook Know? Facebook knows more about your audience than Google! 25
An Agency Approach Ads must: ,[object Object]
Be monitored and adjusted regularlyDetermine effectiveness of images and words Set up each account as an individual account ,[object Object],Consider supporting ads with custom landing pages and HTML, JavaScript and CSS programming 26
Example Time! 27
Example Time! 28
Example Time! 29
Example Time! 30
Example Time! 31

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Facebook Advertising

  • 1. Facebook Advertising Liz Lewis, Heinen’s Michael Schwabe, thunder::tech Moderator – Scott Chapin, DigiKnow
  • 2. Why Advertise on Facebook? 2
  • 5. 5 So Why Advertise on Facebook?
  • 6. 6 Because your Customers are there!
  • 7. Reaching Out To your Fans Liz Lewis, Heinen’s 7
  • 8. Heinen’s on Facebook Launched Facebook page in December 2009 7300 fans (as of 2/17) gained through a combination of: Organic growth Cross-promotion on e-mail/web Paid Facebook ads 8
  • 9. Fan Growth – Heinen’s Facebook Page 9
  • 10. Heinen’s Use of Facebook Ads Six ad campaigns on Facebook since Jan. 2010 Lifetime ad spend: $3500 Lifetime stats: 14 million ad impressions 70% “social” impressions 5496 clicks 2255 direct “likes” from ad alone $.63 cost per click $.24 cost per thousand impressions 10
  • 11. Heinen’s Use of Facebook Ads Six ad campaigns on Facebook since Jan. 2010 Lifetime ad spend: $3500 Lifetime stats: 14 million ad impressions 70% “social” impressions 5496 clicks 2255 direct “likes” from ad alone $.63 cost per click $.24 cost per thousand impressions Ads = gain of 3810 fans at $.90/per acquired fan 11
  • 12. Setting up a Facebook Ad You can publicize a page, event or external URL 12
  • 13. Setting up a Facebook Ad 13
  • 14. Setting up a Facebook Ad If your goal is to build your fan base, make sure to target people who are not fans 14
  • 15. Setting up a Facebook Ad Facebook will lower your bid for you as appropriate 15
  • 16. Before starting, keep in mind… Facebook ad performance is just over half that of traditional Internet banner ads, at 0.050% CTR CTR can drop to .0200% within the first few hours for highly targeted ads Ad burnout takes place within 72 hours Facebook pulls ads from rotation when they stop generating clicks Source: Webtrends, Facebook Advertising Performance, Benchmarks and Insights, 2011 16
  • 17. Key learnings Establish goals upfront Target ads appropriately Test, test, test 17
  • 18. Establish goals upfront What are you trying to accomplish? Reach more fans that are current customers Find potential customers in emerging markets Advertise your website or event Set a reasonable CTR in line with Facebook performance 18
  • 19. Target ads appropriately Try targeting your best current demographic, as non-performing ads are pulled quickly Look at Facebook Insights – how does the demographic compare? Non-fan friends are often great targets for building the fan base – exposure will increase as new fans are added 19
  • 20. Testing Facebook Ads Run multiple versions of creative – copy, photo, etc. – in one campaign to determine the top performer Most successful ad can be used in a longer-term, CPM campaign – but keep in mind 72-hour burnout 20
  • 21. Liz Lewis E-Marketing Specialist llewis@heinens.comhttp://www.linkedin.com/in/lizlewis 21
  • 22. Marketing on Facebook Michael Schwabe, thunder::tech 22
  • 23. Integrating Facebook Into Your Marketing Mix Determine if: Your target demographic is on Facebook You can mix your SEO and PPC efforts with Facebook or should Facebook stand alone You can dedicate budget, even on a trial basis 23
  • 24.
  • 25.
  • 26. How Does Facebook Know? Facebook knows more about your audience than Google! 25
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  • 34. Michael Schwabe Account Manager michael.schwabe@thundertech.comhttp://www.linkedin.com/in/michaelschwabe 32
  • 35. Questions? Liz Lewis llewis@heinens.com Michael Schwabe michael.schwabe@thundertech.com 33