Is Advertising on Facebook Beneficial for Smaller Businesses?
Whatever took place in the past when searching on the Internet for information about companies or services has changed. Initially, an individual searching for data about a business or service would go directly to Google. However, there’s a “new kid on the block,” so to speak, and having custom Facebook fan pages for business is all the rage. Piercing through the Facebook landing pages of a company has become the alternate searching method. It’s no surprise, with almost 1 billion potential Facebook users and more than 50% lively users at any given moment, Facebook has become the alpha tool for businesses.
Nearly any big company today such as Nike or Ralph Lauren, have Facebook landing pages. In spite of this “big business” take over, small businesses are catching the hint. Even so, the most urgent concern for small businesses is “whether their budget can stretch for advertising on Facebook or not!” So far, statistics show that this may be a smart small business move. Stories abound about small companies that have created custom Facebook fan pages for business, showing an increase in revenue by 50%. Success stories with such large monetary returns show the effectiveness of a social medium like Facebook.
How does Facebook affect the small businesses?
A number of small business owners have been disappointed in their Facebook undertakings. The key factor in a successful Facebook advertising campaign is to grasp the energy of the structure. When small businesses catch on to the right method for advertising their business, Facebook will be seen as an auspicious move solely because of its high media influence. When a company is crawling and not walking, its advised not to go over the budget. Facebook takes time, and inexperienced businesses could find themselves overwhelmed. Starting off with a small amount to invest in Facebook advertising is the best way to go.
Facebook is business-friendly because of the advertising packages they offer to small establishments. There are various options, such as selecting when they want their ads to pop-up, and pay-per-click or bulk advertising that are economical. This way, a small business can watch the results and modify their campaigns accordingly. In addition, Facebook is a wonderful medium to utilize for advertising events, blogs, websites or other activities that may interest other Facebook users. This also permits the users themselves, to designate their various interest. Besides, its simpler for marketers to siphon Facebook traffic and pinpoint pertinent consumers.
Facebook vs Google
It should be of no surprise that Facebook has more in-coming traffic than Google, another advantage that marketers can exploit. Facebook offers more convenience to small business as well with their well thought out word count mechanism. Additionally, regular Facebook users can advertise their events or website, utilizing the social phenomena that Facebook has transformed. In the end, Facebook requires serious planning and forethought in order to get results, but its well worth it if small businesses can get a jump on reaching their target audiences resulting in increased success.