Facebook. I don't 'get it' for IM. Why bother with it?

34 replies
Q: why bother w/facebook?

I actively use twitter (5k followers) and youtube (nearly 1k subscribers). Good use of content, I can embed twitter feed and yt vids on sites.

but study as i may, i don't 'get it' re why should anyone go blog on another company's site? yeah an off-chance you might get traffic there, but doesn't seem worth it.

i'm middle aged, most of my customers are 45+, we don't have our noses in ipads 'friending' our besties like high school kids. i survey my customers, 60% say no interest in social media.

i'd much rather keep publishing videos on youtube that get 1000s of views vs blogging on fb. maybe i'm getting old, lol. but really is fb worth wasting time on?

any IM success directly related to fb?
#bother #facebook
  • Profile picture of the author dana67
    You should keep doing what works for you and for your market segment. Personally, I've found Facebook and other social media to be a great way to get quality traffic. It may depend somewhat on the niche and the demographics I guess.
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    • Profile picture of the author The Niche Man
      You kinda answered your own question, "i'm middle aged, most of my customers are 45+, we don't have our noses in ipads 'friending' our besties like high school kids. i survey my customers, 60% say no interest in social media."

      But of course that doesn't apply to everyone, every market or every product. But Facebook does have a Gajellion people over 45 and more coming everyday.

      So, you might want to check it from time to time, some of your market maybe moving toward it.

      I notice more kids, as you term them, is moving from Facebook to Instagram. In turn - more mom's, dads, grandma's and grandpa's are getting Facebook addicted like their kids and grandkids once did.

      It probably has the best Free tools for targeting on the planet, that's the appealing part to me and many others. Plus, I wouldn't forget about the 40% you mentioned that's "IS" into social media.
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  • Profile picture of the author Path Theory
    Originally Posted by kencalhn View Post

    Q: why bother w/facebook?

    I actively use twitter (5k followers) and youtube (nearly 1k subscribers). Good use of content, I can embed twitter feed and yt vids on sites.

    but study as i may, i don't 'get it' re why should anyone go blog on another company's site? yeah an off-chance you might get traffic there, but doesn't seem worth it.

    i'm middle aged, most of my customers are 45+, we don't have our noses in ipads 'friending' our besties like high school kids. i survey my customers, 60% say no interest in social media.

    i'd much rather keep publishing videos on youtube that get 1000s of views vs blogging on fb. maybe i'm getting old, lol. but really is fb worth wasting time on?

    any IM success directly related to fb?
    The hype around facebook has nothing to do with "blogging" - It's about using facebook's advertising platform. You're able to get extremely targeted traffic for pennies per click. I've personally seen millions of dollars being made in the Diet, Skin and Muscle niches. I'm not so sure how effective it is for MMO type offers because I've never run them, but I'm sure people have made it work.
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    • Profile picture of the author Christopher Fox
      Originally Posted by Path Theory View Post

      The hype around facebook has nothing to do with "blogging" - It's about using facebook's advertising platform. You're able to get extremely targeted traffic for pennies per click. I've personally seen millions of dollars being made in the Diet, Skin and Muscle niches ...
      The only post that I see that truly addresses the OP's question - Why bother with it [for IM]?

      Because, it is the second largest advertising platform IN THE WHOLE BIG, WIDE WORLD. Additionally, as mentioned, you can HIGHLY target demographic sectors. Google is #1 and FB is #2.

      I'm 43 and do not have a FB or Twitter account. Personally, I ain't in to all of that Social Butterfly, put my life on a webpage for all to see stuff. Many, like my highschool friend, are, though. Including some Baby Boomers.

      Don't rule out FB as an advertising platform that will let you hone in specifically on that clientele, like Baby Boomers, you serve.

      Further, different ad platforms have slightly different demographics, and different verticals work to differing general success. Bing, as an example, is populated by more Internet Explorer users, which will load Bing as default search engine.

      IE pretty much SUCKS in comparison to other browser options - it is less tech savvy (they don't update their browser from IE), more Blue Collar or more Baby Boomer type folks on Bing.

      Factor those ad platform differences in, to be sure, but I guarantee you there are Baby Boomers active on Facebook.

      There are a couple ways IMers use FB - for Content Marketing for lead generation purposes (what you don't see much use in for your clientele), and using FB as an advertising platform, where you are placing ads (not Content) in front of people. Don't rule out the latter as being potentially beneficial to you ...
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  • Profile picture of the author Rory Singh
    Dana67 said it above...Focus on what is already working for you and forget the rest (for now). If there are other ways to 'capitalize' later down the road, you can always outsource those activities.
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  • Profile picture of the author joaquinaleman
    Banned
    get focused is complicated but you can start doing it!. if something is working good for you, do the best to duplicate it before try something else
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  • Profile picture of the author Lance K
    Ken, in your position I think FB could be useful if you have any desire to use it. For one, you could use highly targeted FB ads to siphon traffic from FB to your YT channel or other lead capture pages. Another thing you could do is set up a page and share snipets of educational information, info graphics, your YT videos, etc. related to your investing courses. It all depends on if you have the time & desire to test out its usefulness for your situation.

    Also, out of curiosity, have you tested LinkedIn marketing? Perhaps that would work with your market demographic.

    Sure 60% of your current customers may have no interest in social media, but you may be able to find some suspects via social media. Then you can use your marketing funnel to turn them into prospects and then new customers.

    Also, maybe there is a fair number of 25 to 45 year olds who could become your customers if you employ a social media marketing strategy. Again, it comes down to your desire & available time to test it out.

    I'd definitely have a strategy and not just be on FB to shoot the breeze. But if you can set up a popular page (quite simple with FB ad targeting) and keep the engagement high so your reach increases, it might prove worth your while.

    All that said, I have a feeling you'll be just fine if you decide to just keep doing what you've done in the past. Good to see you around here again.
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  • Profile picture of the author Slade556
    I think you should focus on what works for you! Social media, in general, is a great source for traffic and a great way to get yourself noticed, but you don't HAVE to use Fb. if you clearly won't benefit from it?
    You could try though, and see what happens. You have nothing to lose, as long as you don't 'ignore' Twitter & YouTube in the process.
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  • Profile picture of the author ryanbiddulph
    Devote your energies to what's working, and what you enjoy doing....Ken? lol....took a stab. I am releasing on FB these days. I pop in to post an update or 2, then I leave it at that. No really responses, no messaging, because people don't work the network like they used to. I do like working a FB Group where we all share one another's blog posts but outside of that it's an energy drag to me.

    Keep on keeping on with Facebook and Twitter. I love twitter and drive steady traffic through the network regularly, without being glued to the platform all day long.

    Ryan
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  • Profile picture of the author Eagle07
    Originally Posted by kencalhn View Post

    Q: why bother w/facebook?

    any IM success directly related to fb?
    There are a lot of sales to be generated from facebook so you should not totally exclude it in your marketing campaigns if you want more sales!

    You do not need to blog in there or have a lot of friends.

    You just tap into Facebook advertising platform and set up your ads. Target the same demographics as you already have and you can increase your sales to whatever it is that you are selling.

    If you are satisfied with your current results then you are right, don't bother yourself with facebook. Leave it to other people who want to tap from this market.
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  • Profile picture of the author kencalhn
    Thanks, all -- great to read your thoughts, much appreciated. Agree re continue w/what's working best. I'll build out a decent fb page just in case it does something, w'trackable lead-gen link & optin list, eventually. I look at my competitors, most seem to not be focusing much on fb. Anything that has me developing content for anywhere other than my sites needs a lead-gen or minimum social-proof element to justify. hey thx lance good to be back...that's my favorite Zig quote

    -k
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    • Profile picture of the author Tsnyder
      Originally Posted by kencalhn View Post

      Thanks, all -- great to read your thoughts, much appreciated. Agree re continue w/what's working best. I'll build out a decent fb page just in case it does something, w'trackable lead-gen link & optin list, eventually. I look at my competitors, most seem to not be focusing much on fb. Anything that has me developing content for anywhere other than my sites needs a lead-gen or minimum social-proof element to justify. hey thx lance good to be back...that's my favorite Zig quote

      -k
      It's not really about building out a good Facebook page although
      that's not a bad idea. It's about digging in and understanding the
      advertising platform.

      I advertise a physical product on a weekly basis and consistently
      get $6.50+ in revenue for every dollar spent. With the margins we have
      built into our products that's a substantial profit.

      If there's an advertising medium out there that offers more demographic
      information on their users I haven't seen it. You can target your market so
      narrowly it's almost impossible to not generate profit.

      And those high school kids... most of them are long gone.
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      • Profile picture of the author discrat
        The way you can target a niche so spot on and focused is truly revolutionary with FB. It really is.

        It is just one more tool you can utilize for your business.

        And yeah I would NOT get overly dependent on it as you are using someone else's real estate.


        - Robert Andrew
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      • Profile picture of the author zoro
        Originally Posted by Tsnyder View Post

        It's not really about building out a good Facebook page although
        that's not a bad idea. It's about digging in and understanding the
        advertising platform.

        I advertise a physical product on a weekly basis and consistently
        get $6.50+ in revenue for every dollar spent. With the margins we have
        built into our products that's a substantial profit.

        If there's an advertising medium out there that offers more demographic
        information on their users I haven't seen it. You can target your market so
        narrowly it's almost impossible to not generate profit.

        And those high school kids... most of them are long gone.
        I'd like to know how you do that with FB Ads, because my clicks for an Offline Service Client is between $1.00 - $1.30 per click. I'm lucky if I break even.
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        • Profile picture of the author Tsnyder
          Originally Posted by zoro View Post

          I'd like to know how you do that with FB Ads, because my clicks for an Offline Service Client is between $1.00 - $1.30 per click. I'm lucky if I break even.
          Again... it's all about understanding the platform and what Facebook
          wants to deliever to their audience.

          My cost per click is 4 cents. My click through rate is slightly above 16%.

          Here's what you have to understand... Facebook rewards you for high
          engagement. The more engagement you generate the more people Facebook
          will serve your ad to... and the lower your cost per click. Facebook will
          actually serve your ad ahead of other advertisers who outbid you if you
          are delivering what they want their audience to see.

          Engagement is Likes, Comments and Shares. We get lots of each because
          we use a compelling picture with a headline that almost forces people to click
          to find out the rest of the story.

          Top that off with a relevancy score of 10... which means that Facebook's scoring
          algorithm (based on active engagement) has determined that we have selected the
          perfect set of target demographics.

          It's really a pretty simple process that almost guarantees profit but, as I said, you
          have to really dig in and understand the platform.
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          • Profile picture of the author MrJoeRed
            Yeah I'm about to launch my site and have been researching FB ads quite a bit. Like you said, it's all about the demographics. You nail the demographic and your CTR should soar. You have a high CTR and well, you won't be paying nearly as much per click. Plus if you're in the right demographic people will engage more and thus that algorithm Facebook uses will help you rather than hurt.
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          • Profile picture of the author zoro
            Originally Posted by Tsnyder View Post

            Again... it's all about understanding the platform and what Facebook
            wants to deliever to their audience.

            My cost per click is 4 cents. My click through rate is slightly above 16%.

            Here's what you have to understand... Facebook rewards you for high
            engagement. The more engagement you generate the more people Facebook
            will serve your ad to... and the lower your cost per click. Facebook will
            actually serve your ad ahead of other advertisers who outbid you if you
            are delivering what they want their audience to see.

            Engagement is Likes, Comments and Shares. We get lots of each because
            we use a compelling picture with a headline that almost forces people to click
            to find out the rest of the story.

            Top that off with a relevancy score of 10... which means that Facebook's scoring
            algorithm (based on active engagement) has determined that we have selected the
            perfect set of target demographics.

            It's really a pretty simple process that almost guarantees profit but, as I said, you
            have to really dig in and understand the platform.
            Thanks for sharing this great information.

            So, if I understand you correctly, I should first create a post, get lots of engagement on it, and then make an Ad using that post. Is this correct?
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            • Profile picture of the author Tsnyder
              Originally Posted by zoro View Post

              Thanks for sharing this great information.

              So, if I understand you correctly, I should first create a post, get lots of engagement on it, and then make an Ad using that post. Is this correct?
              No... we boost an existing post on occasion when we want to
              offer a specific product special to our existing followers and their
              friends but the ad I'm talking about was simply created in the ad
              manager.

              I wish I knew how to post a picture from my Android tablet's gallery
              to a post here. I have a screen shot of the ad I'd be happy to share.
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              • Profile picture of the author zoro
                Originally Posted by Tsnyder View Post

                No... we boost an existing post on occasion when we want to
                offer a specific product special to our existing followers and their
                friends but the ad I'm talking about was simply created in the ad
                manager.

                I wish I knew how to post a picture from my Android tablet's gallery
                to a post here. I have a screen shot of the ad I'd be happy to share.
                Ok thanks, but I think I'm not fully understanding something, because first you said FB rewards good post engagement with a lower CPC. So, I don't know how I can setup a new Ad and get cheap clicks, if it does dose not already have good engagement?
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                • Profile picture of the author Path Theory
                  Originally Posted by zoro View Post

                  Ok thanks, but I think I'm not fully understanding something, because first you said FB rewards good post engagement with a lower CPC. So, I don't know how I can setup a new Ad and get cheap clicks, if it does dose not already have good engagement?

                  People can comment and like your actual ad - That's what he's referring to - And he is correct. Although I'm not sure if there is a direct correlation between engagement and cpc - Engagement is definitely a by product of a good advert.
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                  • Profile picture of the author zoro
                    Originally Posted by Path Theory View Post

                    People can comment and like your actual ad - That's what he's referring to - And he is correct. Although I'm not sure if there is a direct correlation between engagement and cpc - Engagement is definitely a by product of a good advert.
                    Well that's what I tried but my CPC was sky high and my ROI went backwards ... lol
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  • Profile picture of the author Jennifer Hutson
    What is your niche? 40% is still a huge number to be missing out on.
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  • Profile picture of the author essmeier
    I use Facebook, but only because it's expected. If I add a post to my blog, I'll take 30 seconds to go to Facebook and write "I just wrote a blog post about X. You can read more here."

    I do get traffic from FB, so it's not a complete waste of time. Just mostly a waste of time.

    Charlie
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    • Profile picture of the author kilgore
      Facebook is great for us. We now have well over 1 million followers -- all built organically, by posting great content, not by advertising or "boosting" our posts. We post at least 5 times every day and we consider a post a dud if it only reaches 100,000. Good posts have a reach in the millions -- and great posts have a reach in the tens of millions. I should also add that each time we post we include links to relevant products or sections of our website (though tactfully), and while it's true that Facebook has nowhere near the clickthrough rates of other marketing channels, when your posts are seen by millions that does add up to some very decent traffic.

      The other thing I like about Facebook is its virality. We've reached a million plus followers in under three years. Meanwhile our email list is only about 20,000. Granted that an email is worth more than a Facebook like, and granted that we haven't prioritized email like we have Facebook, but even so, that's a 5000% difference in list size and that difference does add up.

      All that said, this doesn't mean that Facebook is necessary or even beneficial to every business. The profile of our customers is a good match for Facebook as is our niche. Moreover, our team's talents (especially in writing and graphic design) are well suited to the Facebook platform. So if we were trying to sell screen doors to the elderly and didn't know how to write both concisely and compellingly, we'd almost certainly skip it. Each business, each customer, and each entrepreneur is different and needs to use the tools that work for them.

      So if you "don't get it", maybe that's just because Facebook isn't the right fit for you. But that's OK. You do what works for you, and we'll do what works for us. That should be something we both can get.
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  • Profile picture of the author Randall Magwood
    I stick to email marketing rather than Facebook socialization. If it's about *advertising* only... then it's something to add to the list as a place to advertise to. But as far as relationship building... i rather stick to email and pitch products.
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  • Profile picture of the author affiliolabs
    Facebook is definitely still a valid traffic source, it's just a lot of the traffic needs to be warmed up to sell anything. Facebook fanpages can be a hose of "interested" traffic, and the advertising platform is second to none.
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  • Profile picture of the author davemilli
    Facebook can be very positive cash flow for some!
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    • Profile picture of the author TJShipnite
      Not specifically targeted toward your question exactly, but as far as Facebook PPC goes, I can't understand why anyone would use that due to the sky high costs, and super non targeted nature of it. As to posting to your own Facebook page, I guess if for no other reason other than Google seems to love ranking those pages high.
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      • Profile picture of the author Path Theory
        Originally Posted by TJShipnite View Post

        Not specifically targeted toward your question exactly, but as far as Facebook PPC goes, I can't understand why anyone would use that due to the sky high costs, and super non targeted nature of it. As to posting to your own Facebook page, I guess if for no other reason other than Google seems to love ranking those pages high.

        What are you talking about? Facebook's targeting is amazing, and if you have any bit of experience, you can get extremely cheap, converting traffic.

        Ignorance is no excuse for spouting falsehoods.
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  • Profile picture of the author ChrisBa
    Originally Posted by kencalhn View Post

    Q: why bother w/facebook?

    I actively use twitter (5k followers) and youtube (nearly 1k subscribers). Good use of content, I can embed twitter feed and yt vids on sites.

    but study as i may, i don't 'get it' re why should anyone go blog on another company's site? yeah an off-chance you might get traffic there, but doesn't seem worth it.

    i'm middle aged, most of my customers are 45+, we don't have our noses in ipads 'friending' our besties like high school kids. i survey my customers, 60% say no interest in social media.

    i'd much rather keep publishing videos on youtube that get 1000s of views vs blogging on fb. maybe i'm getting old, lol. but really is fb worth wasting time on?

    any IM success directly related to fb?
    Facebook ads has worked well for me
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  • Profile picture of the author kdrinky12
    Ya, I'd say keep doing what you're doing if it's working. If you do want to branch out though, Facebook Fan pages are great for earning money.
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  • Profile picture of the author hometutor
    Originally Posted by kencalhn View Post

    Q: why bother w/facebook?

    I actively use twitter (5k followers) and youtube (nearly 1k subscribers). Good use of content, I can embed twitter feed and yt vids on sites.

    but study as i may, i don't 'get it' re why should anyone go blog on another company's site? yeah an off-chance you might get traffic there, but doesn't seem worth it.

    i'm middle aged, most of my customers are 45+, we don't have our noses in ipads 'friending' our besties like high school kids. i survey my customers, 60% say no interest in social media.

    i'd much rather keep publishing videos on youtube that get 1000s of views vs blogging on fb. maybe i'm getting old, lol. but really is fb worth wasting time on?

    any IM success directly related to fb?
    I'm 56 and my parents are on Facebook. That's 40% who do use social media by the way. I've been substitute teaching math .

    I met a very successful man with a forum here in Hawaii that considers Facebook and everyone else competition. What I usually do is post partial articles with a link going back to my forum to read the rest. On the forum I have social media buttons where people can share the article on social media, which only shares part of the article, thus driving traffic from "a competitor" to my own forum. Where they may subscribe to be notified of further articles.

    Rick
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  • Profile picture of the author st0nec0ld
    Originally Posted by kencalhn View Post

    Q: why bother w/facebook?

    I actively use twitter (5k followers) and youtube (nearly 1k subscribers). Good use of content, I can embed twitter feed and yt vids on sites.

    but study as i may, i don't 'get it' re why should anyone go blog on another company's site? yeah an off-chance you might get traffic there, but doesn't seem worth it.

    i'm middle aged, most of my customers are 45+, we don't have our noses in ipads 'friending' our besties like high school kids. i survey my customers, 60% say no interest in social media.

    i'd much rather keep publishing videos on youtube that get 1000s of views vs blogging on fb. maybe i'm getting old, lol. but really is fb worth wasting time on?

    any IM success directly related to fb?
    It is not as if you are wasting your time, but for some marketers it is a strategy where you extend your resource. Identifying what strategies work best for you. It is understandable that for some people social media is not a preference, but for expanding business I think exploring the possibilities is more important.
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