Facebook currently caters to over 500 million active users across the planet, according to Airlines Marketing, and the website is critically-acclaimed as the world’s top-promoting social media website. With consistent marketing growth and ever-increasing promotional efficiency, Facebook can’t get any bigger—right?
Facebook’s Advertising Boom and What Other Businesses Can Look For
Facebook is booming, and many businesses have consistently turned profits upon the mega-social website. Facebook’s advertising boom is attributed to several factors, and its following cornerstones have contributed to success.
- Effective and innovative promotional strategies: Facebook’s adherence to fluidity is its chief asset. Consumers know when a company is pushing sales, and industry leaders have repeatedly utilized new, unique strategies to reach target audiences.
- Fun advertising: Let’s remember, this is Facebook we’re discussing. A social media giant doesn’t engage its users lightly, and businesses have utilized Facebook’s various paid advertising programs to adhere to the digital age’s transformation towards personalization. Customization is here: Facebook has taken the first steps towards innovative and user-friendly marketing.
- Fan pages: Facebook fan pages are vital to industry growth for small and medium-sized businesses. Page updates, status changes, events and product placements are all held within fan pages—they’re Facebook’s chief virtue in terms of small-time paid advertising.
“Sellers are responsible for claims they make about their products and services” - Bureau of Consumer Protection Business Center.
Facebook’s success is derived through its facilitation of non-online marketing. Companies are responsible for their representation of goods and services, and Facebook has created a safe-haven for widespread marketing while maintaining a professional air. Primarily, Facebook landing pages are a content-marketer’s dream: Business integration is seamless, and businesses—provided with professionalism—can relay messages effectively, safely and reliably.
It’s all about the Target Market
According to Career Cast Marketing, American users averaged 121 billion minutes accessing social media platforms. Facebook—with its effective inner-spheres connecting users to interest-hubs—helps marketers reduce difficulties when creating a marketing mix.
Prospect customers are easily-retained, as Facebook’s streamlined opt-in and opt-out platform reduces turnover due to confusion or misrepresentation. Conversion rates increase, as different “friend groups” often link business pages through their friends and family members and specific fields are, mostly, a single search away. Accessing relevant content is Facebook’s big-hitter within the realm of paid advertising, and the sooner other internet-based firms understand the race, the sooner Facebook’s boom will be utilized fully.