Facebook Ads Make Your Page Talk!

Have you created a Facebook page but not implemented Facebook Ads? If you haven’t, that’s okay, it probably means one of two things: you don’t need to or you don’t know how they can benefit you.  In any social media platform it is important to learn the ins and outs before you leverage tools for your business.  With that said, Facebook Pages and Facebook Ads go hand in hand when developed and monitored properly. Facebook Ads will literally add increased value to your overall objectives… and social community.

If you’re on Facebook regularly you probably see Facebook Ads 50 times a day. That’s because businesses use them as viral adverts; you can see them on the right side of your timeline, but more discreetly, a business can also create ads that post on behalf of its followers promoting predetermined content to those people’s friends. This is how a business online can reach outside its community and increase online growth just as you would with print ads or billboards!

The best part about Facebook Ads is how easy they’re to create. Once you log onto your Facebook, under Settings find “Manage Ads”. From there you’ll see user-friendly controls to manage and integrate your custom Facebook Ad. Design controls range from geographical location, interests, age to other vigorous targeting options. Once you’re done it can look something like this:

 

Currently I’m managing a couple of Facebook Pages with a strong community base for each. These communities set a strong foundation for a Facebook campaign because you can utilize your current followers “talking” about your content and recruit more potential followers when they visit your Facebook page from the Ads you put up.  This just means if someone sees your ad and he or she clicks it, that person will be more intrigued to like your page if the community is exciting and vibrant.

Of course none of this is free; Facebook Ads are a paid service that allows you to set a budget for each Ad. Once your budget is maximized the Ad will end and you will be notified. Your budget does not have to be large, but just enough that the Facebook Ad algorithm can properly manage your daily hits and how much you are willing to spend for them.  The budget is a very important factor to manage from your end as well, ensuring the numbers reflect the progress you want to make. At a price, governed by you, Facebook Ads also provide a detailed metrics system and billing reports to ensure you are always up to date!

These details are part of a much wider scope of what the Facebook Ads can do for your business, but having a background about some of the finer details can help ease into building your own Ad. Use these insights provided to help your online brand and Facebook Page talk! Because to me these seemingly small tactics can make a huge difference in driving tracking to your page and generating overall success.

Name Making: Google it!

Ever wonder how Google came up with its name? Did they think the name Google would become synonymous with information sourcing, referencing, mapping and everything in between? Is there some sort of history behind the name, or was it just a random choice?

Many business start-ups make much ado about what they should name their business… and so they should. Like everything else in business, you need to go through a process:

1) Define your business. What is it? What makes it unique?

2) Define your 3 to 5 year business objective. If you’re a consultant, it could be that using your own name is a good start…but what about after you start? If you want to eventually provide more than one to one consulting, maybe your name just won’t cut it.

3) Who is your target group? What’s their demographics…and don’t forget their psychographics.

4) Research the competition and see what names are out there in the same industry and geographical area. (Just Google it!)

5) Brainstorm and come up with a list of 10 names.

6) Take these 10 names and verify to see if the URL is taken, and if so by whom.

7) Verify if the name is trademarked within your industry and within your geographical area.

8) Get objective feedback for your top 4 names. Research for start-ups has become more affordable for business start-ups with software such as Survey Monkey and panel online advertising.

There’s much ado about the naming of businesses. I am of the opinion that the name is important, but what you do with that name is even more so. How are you launching? What media channels are you using? What’s your brand character, brand voice and how is that represented in your communications. Being first to market and being very visible when you are first to market is definitely the best approach to reap the benefits of longevity and recognition. Just to name a few: Kleenex, Coke…. and of course Google!

And just to close the opening thought of this post, I actually googled how Google got its name. Like all things in Google-like, I had many sources to choose from. The first link I clicked on was http://www.question.com/how-did-google-get-its-name-10903.html. Interestingly, I learnt that the definition of Google is quite appropriate for Google. The name Google is based on the mathematical term “googol”, coined in 1938 to equal 10100, a number larger than any practical counting operation would require.

From a wiki.answers.com, I also got more of an anecdotal story:  In September, 1997, so the story goes, some Stanford grad students were helping Larry Page choose a name for his search engine. “Googolplex,” said Sean ­Anderson. (They’d already sensed how big this could ­become.) “Googol,” Page ­replied. ­Anderson, checking to see if the name was taken, typed ­g-o-o-g-l-e into his browser and made the most famous spelling mistake since p-o-t-a-t-o-e. Page registered the name within hours, and today, Google isn’t a typo, it’s a verb, one with a market cap of about $160 billion.

Fact or fiction, it doesn’t really matter…what matters is that Google provided an innovative product that revolutionized how information was being delivered to the masses… I doubt the notoriety or the business outcome would of been different if their name was Googol.

Business Success: A How-To Pictorial

We’ve all read it and heard it… over 50% of business start ups fail in the first 5 years. There’s a number of reasons why that happens.  Rather dwelling on the negative, I rather look at the inverse and say 50% of business that do start up, are in fact, still around after 5 years. Why is that so? From my perspective, having started up a business start up 25 years ago, there are a few must-do philosophies that can be attributed to business success and  longevity. Here are a few visual biz-isms from 3 ebooks published last year: Marketing Understood, Branding Understood and Social Media Understood.

Establish your definition of success before you start.

Objectives provide you with the measurement of success

Add Value.

Price becomes an issue at the absence of value

Take care of your clients, customers, audience, community.

What’s in it for them

Good enough… never is.

Raise the bar…everyday.

Don’t wink in the dark…you’re the only one who will know what you’re doing. Communicate!

Talk to your target!

You’re intimate with your business. Your consumers aren’t.

Know your audience.

You don’t know it all.

Don’t rely on conventional wisdom.

Deadlines aren’t elastic!

Mark your calendar.

Complacency in business means death.

Keep Current.

Believe in what you are creating.

Stay true.

Business in general: Are you just interested or committed?

Be wildly, passionately in love with what you do!

Be realistic.

Don’t over promise and under deliver.

Be passionate, not emotional.

It’s business. It’s not personal.

Businesses need to evolve.

Enable growth.

Business is hard work.

Business Work Out Routine.

If you would like to have all the biz-isms, you can download them here.

The Marketing Plan: Your GPS to Success

It  always amazes me how many start up companies and entrepreneurs operate without a marketing plan.  You wouldn’t head out to a destination without at least which direction you are heading or more to the point, input the address on a GPS so you can get there in the most timely way. The purpose of a marketing plan is to articulate where you need to be and define the measurement of success for your business. It provides you with the forum to focus on your business, on your competition, on the current market trends. In short, it makes you do the homework you need to do to get a clear and concise understanding of all the roads and road blocks that will lead to your business’ success…. before you start your engine and put your car into drive.

No matter what size, or type, or whether you are offering a product or a service this “road map” will prove to be invaluable when decisions need to be made. You have a great product or service and you are anxious for everyone to know about it and you want to just get out there and start selling. STOP. Do you have a plan? Do you know when you get there?   It always amazes me how many start up companies and entrepreneurs operate without a marketing plan.

In the not so recent past many businesses, start ups, retailers and b2b companies felt that any marketing initiatives were well beyond their reach. To have any impact on their audience, a lot of dollars were needed.  Enter Social Media, and businesses everywhere are getting into the “marketing” of their businesses. Which is absolutely wonderful! In today’s business landscape, businesses are all embarking on the Social Media… some with little or no understanding of the true time cost of doing it properly. But I digress,that’s another blog for another time.

Jumping on the band wagon without a clear definition of your value proposition and your unique selling point is dangerous. Equally dangerous is not defining your businesses brand voice, brand tone and brand personality. This is where a marketing plan comes in. The purpose of a marketing plan is to map out the direction of where you need to be… and define the measurement of success for your business… it is essentially this  “destination point” which will prove to be invaluable when decisions need to be made.

In this “road map” you need to determine your strategy, identify your priorities and then build out your tactics from there. Start by identifying who your target market is. Define as much as you can: age, sex, profession or career, income level, level of educational attainment and geographic location…. and go farther. Define your target markets likes and dislikes, habits, hobbies. This is the age of niche marketing!

Clearly define your business and set reasonable quantifiable objectives. It’s important to be honest. Don’t set yourself up for failure…be aware of the potential hazards before you start…and when detours happen along the way, your marketing plan will provide you with a solid  base to switch gears and turn to an alternative road to get you where you are going… to success!