If you are to believe the stats about the Facebook advertising, you should take a look at this study done by Sprout Social. According to this study, 93% of marketers use Facebook advertising regularly which translates to about 3 million businesses that use Facebook to market their business. Furthermore, 70% of these businesses are outside the US. That’s not it, in the year 2017, Facebook earned $7.68 billion in Q1.
There are over ten different Facebook ad types that you can use. However, you should test some different ad formats to learn what works best for you. Find out how to create all the different Facebook ad types and what are the specific requirements for each. If you hadn’t heard about the Message, Lead, and Video ads before, you’ll know how to create them after reading this chapter!
To identify topics, we turned to our two monthly features—“Topics to Watch” and “Hot Topics”—and examined their combined findings over the previous year. We also explored the full universe of topics that grew from January 2017 to October 2018 on Facebook. The perspective provided by leading industry experts inspired additional topics to explore. Finally, we turned to third-party research and credible media sources to both inform and validate our overall findings.
It is important to have clarity on what you are looking for from each tool so that you can calculate your return on investment. For example, if a customer responded to a Facebook ad and purchased a $20 product and you spent $5 to advertise, your return on investment would be $15. Over time, if you can, also track the total lifetime value of a client for even more accurate returns. What if Gary Vee is wrong? | Important advice for beginning online brands
You can also review group members who have been flagged in the group or reported to Facebook. Click the three dots button below your group’s cover photo and select Manage Group. Under Reported to Admin, view members who have been reported to the admin or flagged by other members, and members who have been reported to Facebook as violating community standards.
Did you know that “live content” drives three times more engagement on Facebook? Well, this was concluded in a study done by Social Media Today back in 2016. The option of Facebook Live is all about displaying the content that’s about in-the-moment. You can go live by displaying the live office events, products launches, and sales too. Going Live engages a lot of audience on-spot. On the other hand, Facebook Stories are in-the-moment content clips. Followed by Instagram stories popularity, Facebook had to be in the queue to let their users do it too. New products, discounts, testimonials and what not can be a part of the Facebook stories? Investing your time and efforts into these would be seen gaining popularity in the coming year.