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Facebook The best online advertising platform you’re not using Geoff McQueen, Managing Director, Internetrix @geoffmcqueen www.facebook.com/geoffmcqueen

Facebook as an advertising platform

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Presentation from Geoff McQueen of Internetrix, at the first Digital Wollongong event. Apologies for the screwed up fonts on Slideshare.

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Page 1: Facebook as an advertising platform

FacebookThe best online advertising platform you’re not

using

Geoff McQueen, Managing Director, Internetrix

@geoffmcqueen www.facebook.com/geoffmcqueen

Page 2: Facebook as an advertising platform

From shotgun to scalpel

You’re advertising wedding dresses

i98 reaches 40% of 18-39 year olds

Some of those are getting married?

Wish you could target just women?What about only targeting womenwho are already engaged?With Facebook, you can. I’ll show you how

Page 3: Facebook as an advertising platform

Facebook Advertising - Reach

500 million people worldwide (Facebook)

8.64 million Australians (Facebook)

Almost 4 in 10 Australians (ABS)

Aussies are world’s most addicted

7hrs/user (Neilsen)

Page 4: Facebook as an advertising platform

Facebook Advertising - Cost

Uses a ‘bid’ model; ad space is scarce

CPM or CPC, with daily caps

Highly targeted

Location (down to city)

Demographics (gender, age, education)

Interests

Page 5: Facebook as an advertising platform

Facebook Advertising - Format

Title/Heading – 25 chars

Body text – 135 chars

Optional image (110x80px)

Users can ‘Like’ ads (social capital) or remove ads they don’t like

Page 6: Facebook as an advertising platform

Facebook Advertising - Limitations

Targeting is great, but remember...

People aren’t there to see ads

Better for B2C than B2B

Most users have incomplete profile infoOnly 2140 UOW students on Facebook

Less 10% of those who are enrolled

Only 6540 people in Wollongong?Less than 10% of population who are likelyto be on Facebook

Page 7: Facebook as an advertising platform

1) Create your destination

Internal to Facebook

Page, Application,

Event or Group

External Web Page

Page 8: Facebook as an advertising platform

2) Click on ‘Promote’ or Create

Page 9: Facebook as an advertising platform

3) Create your copy

Page 10: Facebook as an advertising platform

4) Target your audience

Page 11: Facebook as an advertising platform

5) Set your budget

CPC – for action & clicksCPM – for being seen by users

Bid for placementEstimated clicks don’t factor in copy quality

Page 12: Facebook as an advertising platform

6) Monitor performance

Daily emails

Beta analytics product

Use off-site Analytics productGoogle AnalyticsClick-Fraud has been an issue

Page 13: Facebook as an advertising platform

Final Thoughts

Marketing via Social Networks

Advertising is just one way of marketing

Interact with people socially too

Good Example: Deadmau5’s Facebook Page

OpenGraph and the global ‘Like’ button