In startups and technology, social media is king, and no social platform moves more marketing dollars than Facebook. Facebook has billions of users, making it a lucrative marketplace for both established businesses and startups. Typically, people are likely to search for products and services on Facebook just as they would on any search engine.
However, while social media offers incredible opportunities for businesses to reach their customers, it can be overwhelming for new entrepreneurs. Without the right strategy, there are chances that marketing on Facebook will not bring any results. This has led to many people shying away from marketing on Facebook because they believe the giant social network is overrated.
This article will guide new entrepreneurs on Facebook marketing and answer the question of whether Facebook marketing is overrated.
How To Market On Facebook
Your business should be on Facebook because that’s where most buyers are. However, that doesn’t mean you’re guaranteed to sell. You need to get your marketing strategies correctly through the following:
1. You Need To Build Engagement
To make Facebook marketing work for you, you need to build engagement. Engagement is the number of Facebook views, likes, comments, and shares your posts receive. The higher your engagement rate is, the more likely your posts will show up in other people’s news feeds. This can help you reach more people without paying for ads or promoted posts.
Facebook engagements and followers play the same role as traffic on search engines. The more engagements you have, the more authoritative your page will be, and the more likely people will buy your products, thus, increasing your sales.
To ensure that you have the proper engagement on your Facebook account, you need to ensure that you can get enough followers on your accounts. You can grow them organically by inviting them from Facebook groups or other social media sites. Alternatively, you can buy Facebook followers from companies such as MediaMister, among other sites.
2. Promote Your Content
Posting on your company’s Facebook page is not the only way to get seen. You can also boost each post by promoting it to a larger audience for a small fee. Facebook will help you choose the audience for your promoted post, which can be as large or small as you like.
Promoting a single post helps reach a larger audience and increases engagement from people who are already following your page. When you don’t have a lot of followers, this can help make up for it.
3. Analyze And Improve
If you are just getting started with Facebook marketing, it might be difficult for you to know whether or not your efforts are paying off. The good news is that there are some metrics you can use to determine how well your target audience is receiving your posts.
Here are some things you can try:
- Pay attention to the metrics available through Facebook insights and analytics to know which posts are getting the most engagement.
- Ask questions at the end of your posts so that people will feel compelled to comment. This is also an effective strategy for generating leads.
By analyzing and improving the performance of your Facebook marketing strategy, you’ll understand what’s working and what’s not. For example, you can identify what you did right on a post that got more engagements and try using it on future posts.
Does Facebook Marketing Work
When it comes to Facebook, most entrepreneurs are focused on getting sales right out of the gate. They want to see their cost per acquisition (CPA) drop immediately. They throw money at the problem and hope something sticks.
The problem is that they’re thinking too short-term—like a customer wants to buy your product or service right away. In reality, customers need time to get familiar with your brand before completing a purchase. You’re assuming they’ll buy because they liked a post or clicked an ad. However, as discussed, you need more than just posts to make people purchase your products.
On the positive side, Facebook has significant advantages over other social media platforms because it allows users to tailor their feed according to their interests. Users understand that they will get more out of using Facebook if they follow businesses that interest them, making it easier to reach new customers. This, combined with the fact that many people now use Facebook several times every day, means that Facebook marketing works when done correctly.
The answer to whether Facebook marketing is overrated is that it depends. What you’ll do with your Facebook page, posts, and comments will significantly determine its success. You’ll get more traffic and conversions if you increase engagement, track and improve performance, and promote your content. If you don’t use the right tactics, you won’t benefit.
Also Read: Meta: Stop Facial Recognition On Facebook