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The Pros and Cons of Facebook Advertising-The Panagora Blog
Not so long ago, businesses could easily survive without the need to advertise their product or services online. Online advertising customer relationship departments didn’t exist, and there was no need to have an online presence. However, things have significantly progressed, and customers now go online to search for everything they need. Even if they end up going to a store after they have completed their search, people still like to have prior knowledge of what they want to buy. For the younger generation, if you are not online, you don’t exist.
Social
media advertisements are a great way to promote your brand and build your social media accounts. Facebook advertisements
help promote businesses and gain new followers.
Facebook
is one of the online networks that have remained at the very top over the
years. It is a platform that has been recommended for both small and big
businesses due to its worldwide membership.
In case you are set on publishing your next advert, well hold up a bit! Below are the pros and cons you need to consider first.
PROS
TARGET YOUR AUDIENCE
Facebook
advertisements help new audiences become aware of your product or services. By
using Facebook data, you can target your ads to potential customers that may be
interested in your products based on their gender, interests or location. This
strategy helps you get your customers in a more organized way.
IT’S A TRUSTED ADVERTISING PLATFORM
Facebook
continually improves on its advertising features. What this means is that
Facebook uses trusted methods and algorithms to approve and run ads submitted.
IT BOOSTS YOUR PAGE LIKES
Individuals
trust brands with social authority more than those who don’t have any. This is
one of the reasons why some brands look for easy ways out by buying fake likes
and followers. Advertising on Facebook helps you get more likes from real
people who are interested in your brand.
IT’S THE BIGGEST SOCIAL PLATFORM
The internet
has over a billion over with 70% internet users on Facebook. Twitter only has
half the number of Facebook users, and Facebook is still growing daily. This
implies that Facebook can deliver your product or services to a broader range
of audience. You reach a wider audience, especially if you plan on advertising
globally.
MORE OPTIONS
With
technological evolution over the years, the internet has been used to create
brand awareness. Facebook users can choose to conduct a marketing ad or
campaign. Facebook also helps you to optimize your ad using the best performing
one so that you can gain valuable information as to what type of content works
and what doesn’t.
WIDER REACH
With so
many Facebook users, you can reach a wider audience and gain lots of followers
at the same time.
CONS
COSTS CAN INCREASE
The
cost of the Facebook advertising has increased as the platform improves. If you
are working strictly on a budget, it might not be very easy to use Facebook
advertising for your business regularly.
SOME METRICS ARE MISREPORTED
Over
the years, Facebook has been criticized for reporting metrics that aren’t
always correct. There have been reports of inflating simple metrics or
over-reporting which still favour Facebook. Some metrics commonly misreported
include:
·
Instant articles metrics are sometimes misreported
·
Over-reporting the Video play metric
·
Because repeat visits aren’t removed, the organic reach isn’t
reported correctly
·
Miscalculated metrics for apps referrals
YOU ONLY REACH FACEBOOK USERS
When
you advertise on Facebook, you can only reach users on Facebook and not on any
other social media platform. Facebook does not offer such options.
LESS ORGANIC REACH
Organic
reach using Facebook ads has recently reduced by to 1% or 2%. This means that
your contents are not reaching new audiences but those that have seen your
posts before. This is ineffective when finding new followers for your brands.
Users
Have to View Their Feed
The
only way viewers can see your ads is if they are logged in. This is a con. For
instance, when you advertise on AdWords, your ads are shared to everyone with
access to the internet where AdSense ads are served. With Facebook, everything
happens behind a login.
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