Currently, waiting for Twitter’s fail whale to disappear…

Anyways, I’ve been thinking about Facebook advertising lately. Have you ever used it for your business? It can even be a pretty effective way to get new fans to your Fan page and more. When you start your Facebook ad campaign, you can either set a maximum price per click (CPC) or per impression (CPM ). You will also be prompted to set a daily budget, which Facebook will not go over (unlike Google). Facebook is going to roll out a beta version of ad conversion tracking. The service will allow you to calculate the ROI of your ad campaigns. Really excited for this to make its way to my account so I can try it out!

The key in direct marketing is choosing your target audience, and with Facebook ads, you can do just that. There are 11 different criteria that you can use to your advantage. Don’t hesitate to take your time to think of the relevant users you want. Did you know that you can target users on their birthday? You can also target a specific radius within cities and even users who have a certain interest or activity. Facebook coupons come up frequently, so make sure to check. I just got a $50 credit and it’s a great way for small businesses or individuals to test their ads.

Some more interesting-reads for advertising on Facebook:

10 Rules for Advertising on Facebook
Facebook Ads Best Practices
Facebook Advertising – An Opportunity for Deep Targeting at Very Low Cost
25 Bad Facebook Ads
Is the big Facebook advertising experiment working?

Is the big Facebook advertising experiment working?

PPC on Facebook

In the growing age of social media, researchers are scrambling to study how effective advertising on social sites really are. Research by SEO and paid search PPC firms find that users do spend time clicking paid ads on social networking sites. Some studies show that users look at the paid ads before clicking on the actual search results. In a recent study, 65% of participants clicked on sponsored ads during the first ten seconds of their search. But what does it mean and how are these studies useful?

These results are surprising and shows that social media has changed the way people normally search online. Traditionally, users look at search engine results starting at the top left hand side of the page and move downwards to the right. The first few search results that appear at the top or near the top of the page are most likely to be clicked. But this isn’t necessarily the case when it comes to search results on social networking sites. Users typically pay more attention to pay per click advertising before they scroll down to look at the fourth or fifth search engine result.

Since this is a growing online trend, it means that more research needs to be done in order to effectively understand how users respond to advertising patterns on social media sites. Facebook advertising can be a helpful tool for your company but you need to keep some things in mind:

  • Do your research and perform an updated analysis on competitors and consumers. The more you know about how they behave, the better.
  • Tests, tests, and more tests. Testing your ads will help you differentiate the winners and losers.
  • Keeping track before and after an ad campaign. It is important to take notes on how much traffic you’re receiving before and after a campaign. Without numbers, it is impossible to quantify whether your efforts have been successful. If the results aren’t as good as you’d like, your notes will help you learn from mistakes

Pay-Per-Click

http://www.sanjaydhingra.com/wp-content/uploads/2009/03/pay-per-click-12.jpg

Pay-Per-Click has been introduced several years ago by Jeffrey Brewer of go.com and it has seduced users of search engine that was tired of popups and such. PPC means paying the advertising right for a given website, visible in the first results pages of a search engine. In return, when an internet user researches an information on a search engine, the websites that paid for the PPC will be placed at the top, in function of the price bidden for. Some studies shows that the top 10 websites research lists, meaning the first result page found, are clicked 3 times more than the other websites located on the next pages and of course the websites of the top 10 has adopted the concept of PPC (Pay-Per-Click).

Is it important?
The answers is yes, if you want to get known to the public, increase reputation, and the amount of movement

There are a lot of websites that offers PPC advertising. But the two main companies are Google and Yahoo formerly called Overture.