Your Company's Facebook Posts Will Soon Be A Waste Of Time
Without boosting your Facebook boosts with advertising spend, you're shouting into the dark. No matter how hard you worked to build your fan base, as many as 98% of your fans never return to your Facebook page after liking it.
Facebook Organic Post Reach Is Diving Off A Cliff
The percentage of your fans that you reach organically (without paying for ads) is rapidly declining: from an average of 12% in October 2013 to 6.2% in February of 2014 (according to social@Ogilvy). The day when your organic posts will reach virtually no one is coming fast.
Shift Strategies or Abandon Facebook Organic Posts in 2014?
Even though Facebook has become an advertising network (with a social media network as a lost leader), you can still target extremely specific audiences. What other medium can you find 15-17 year old girls who live within 50 miles of Cleveland, Ohio, and own an iPhone 4 or iPhone 5? If you have the ability to craft campaigns that speak to your customers in their own homes and phones you can reap enormous rewards. I can't name another newspaper that is sent directly to all of my customers, for as little as $25 a campaign. Can you?
Custom Audiences Are Your New Best Friends
You're going to upload lists of email addresses and lists of phone numbers from your customer contact lists. This will allow you to target your current customers for ads (even if the haven't liked your page) and find more people like your customers on Facebook. Custom Audiences will allow you target people who have shopped with you before.Uploading your customer's email addresses and phone numbers to Facebook puts a lot of trust in their court. Facebook says that they encrypt the data that is uploaded, use it for matching purposes at that time only, and then delete the data. This means you should update the data periodically to add new customers. Privacy is never perfect but this is likely worth the risk for your brand. (Technically, they hash the data, not encrypt it, if you want the full technical explanation.)If uploading your customer lists are too creepy, try tracking everyone who visits your homepage. You'll install a tracking code in your header tags so that you can retarget ads to anyone who visits your company's website. Slightly less creepy and it continues to grow as your website traffic grows.
Lookalike Audiences Are Your New Holy Grail
How often do we sit around as marketers and complain: "I wish I could find more people who are just like my best customers." Facebook is offering to deliver them to you. Once you've uploaded a list of your best customers, you can tell Facebook to match their entire database of people within any single country to your type of people. To get started, see Facebook's "How to Create Lookalike Audiences".
So Now Facebook Is Just Like Any Other Advertising Network? Nope!
It seems clear that Facebook is turning into an Ad network and should be treated like the New York Times or Google Adwords. But one thing still separates Facebook, according to the Ogilvy report. There's one thing that STILL means your social media marketing messages should be fundamental different from other paid ads.