There are many ways to market your business online, one of the most common methods being social media. When it comes to social media platforms, Facebook is one of the largest platforms. However, there are a lot of business owners doing everything they can think of on Facebook to market their business but often see no positive return on investment.

There could be plenty of factors to consider when it comes to marketing with Facebook. Often times, a business owner might believe that all he has to do is post an update to his page and make periodic “boosts”. This is a common mistake for people who are new to marketing their business on Facebook.

Our recommendation is this; Only “boost” posts when you don’t have time to create an ad. This is where the Facebook Ad Manager comes in.

Understanding the Facebook Ad Manager Platform

As mentioned before, most business owners feel that “boosting” their posts is an effective way to advertise on Facebook. However, having a full understanding of the Facebook Ad Manager will allow you to create a highly targeted and highly effective Facebook ad campaign.

Ads Manager is your starting point for running ads on Facebook, Instagram or the Audience Network. It’s an all-in-one tool for creating ads, managing when and where they’ll run, and tracking how well your campaigns are performing.

One of the biggest advantages of advertising on Facebook is that you can advertise on any budget. This is very useful for people who are a little tight on money while trying to start their own business. However, it is not just the cost-effectiveness of advertising but also the methods of gathering information and targeting that make advertising on Facebook so effective for business owners. Facebook helps you find the best types of people to advertise to so that you can achieve very high conversion rates.

4 Reasons Why You Should Set Up a Facebook Ad Account

1. The Power of the Facebook Pixel

The Facebook pixel is one of the tools that can prove to be beneficial to your marketing on social media. The pixel is code provided by Facebook that you place on your website. It helps you track conversions from Facebook ads, optimize ads based on collected data, build targeted audiences for future ads, and remarket to qualified leads – people who have already taken some kind of action on your website.

2. Create Lookalike Audiences

This is one helpful tool for conversions. The Facebook Pixel is very helpful with this. Lookalike audiences are used by taking a look at the customers that are already visiting your site and gathering information such as likes, demographics, and other traits in order to help you find similar people. This can make it easier for you to expand your reach and gain new customers.

3. Create Custom Audiences

This is slightly similar to Lookalike Audiences. Basically, you look at your current set of customers and build an audience based on your customers. Simply take your current customer email list and upload it to Facebook so that it can use the data for targeting. Once you have created your Custom Audience list, you can develop and target your ads to this group of customers you have built. For those of you that may have small audiences, one of the things you can do is test different aspects of your marketing in order to find the methods people respond to the most.

4. Custom Conversions

With Custom Conversions, you can track events on your site without having to change the Facebook Pixel code. This feature enables you to track your conversions and perform optimization techniques without having to add new code to your site. You are also replacing conversion data on the pages you have set up. In order for this to be effective, you already have to have the Facebook pixel embedded on your page.

In Summary

If you’re running a business of any size, you are probably not going to have time to handle all of your own marketing. Fortunately, there are digital marketing agencies that are available for you to get in touch with. We know of one you might want to consider 🙂

 

There’s a lot of information here to consider but help is available if needed. Business owners with any questions or who need help on any part of their quest to build a powerful social presence can contact our team at Coastline Marketing Group. We offer a wide range of digital marketing solutions that can help position your business for success.