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EDUCATION: Facebook Paid Media
August 2012
AGENDA


+ Why we      Facebook

+ What we know about people & Facebook

+ Effective Storytelling

+ Facebook Paid Media Formats
First - why we   Facebook
Why do we                 Facebook?


 + Because the people we are talking to do.



                             USERS PER                   AVG. NUMBER
                              MONTH                       OF FRIENDS

                           12 MIL                         234




* Australian Stats – Facebook Internal Data April 2012
QUIZ

Of the 12 million Aussies on Facebook every
month – how many are accessing it from
their mobile?



                  9 million
What do people do on Facebook?


 + Share A LOT of stories




* Australian Stats – Facebook Internal Data April 2012
The million dollar question



+How do we get in
 on all this action?
We become part of the stories


+ Brands have stories to tell, so do people.
  On Facebook, consumers will interact with
  a brand story if it helps them tell their
  personal one.
What we know about people & Facebook
Not surprisingly…




      92% of Australian
        consumers trust
     earned media (word
     of mouth) more than
       any other type of
            media.



 * Up from 75% two years ago. Nielsen 2012 Global Trust in Advertising & Brand Messages
Which is great because


+ Facebook is a recommendation engine
  with all functionality focused on
  generating stories, stories & more stories.


               Stories about brands act as
               implied word-of-mouth
               endorsement.
Two big questions


+ Do stories about brands in Facebook work.
  I mean actually drive awareness / trial /
  sales?

+ How do we generate THE most effective
  stories of all?
Yes – brands can be effective on Facebook




    Facebook fans are much more likely to
    purchase, consider & recommend the
  brands they engage with on Facebook than
                  non-fans.




 * Forrester research “The Facebook Factor” April 2012
Value of a Facebook Fan to Apple

+ A Facebook fan of Apple
  is worth 90% more than a
  non-fan.

+ Every Apple Facebook
  fan results in one new
  customer.

+ Fans make up 17% of all
  Apple’s new customers.
Effective Storytelling: Wall Content
To create stories


+ Wall content needs to generate
  engagement: Likes | Comments | Shares.

+ This puts branded content into the
  newsfeed of fans & their friends.

+ The more engagement the post generates,
  the more people will see it, the more it will
  be worth to our brands.
Posted 4 hours ago

                     + And already
                       viewed by
                       35,552 people.
Tips for posts that drive engagement

+ Short & Sweet: Posts should be less than 90 characters.

+ Pictures tell a 1000 words: Posts with images
  consistently outperform those without.

+ Invoke-a-need-to-share: A post that helps the
  consumer build on their personal story.

+ Strong call-to-action: Tell the consumer what to do –
  they're more likely to do it then!

+ Keep it simple: Posts are usually viewed in the
  newsfeed and viewed quickly. The simpler the
  message, the more likely they are to respond.
Example: Short & sweet
Example: A picture tells a thousand words
Example: Invoke a need to share
Example: Strong call-to-action
Example: Keep it simple
BUT !


  Only 16% of Facebook fans see a
        brand page’s story.*


+ Which is where PAID media comes into the
  picture.




* Facebook Internal Research
Facebook Paid Media
Facebook Paid Media helps you reach


+ Fans

+ Friends of fans

+ A targeted but broader
  audience beyond fans &
  their friends.
Friends of Fans Effect


+ The trick to clever marketing in Facebook
  is to tell so compelling a story that only
  some of your fans engage but that
  engagement impacts their friends.

    Starbucks fans & friends of fans spent 8%
      more & purchased 11% more frequently
     than non-fans who are Starbucks buyers.*



 * comScore 2011 The Power of a Like
Loosely, there are 3 types of Facebook Ads


 + Page Post Ads           + Featured
                             Stories




                           + Standard Ads
Page Post Ads

+ Select the most compelling
  stories from your brand page to
  run in this format.

+ You can run anything that you
  post onto your brand page wall
  but anything over 90 characters
  long will be automatically
  shortened & any posts that do not
  follow Facebook’s advertising
  code will be rejected.

+   The aim of this placement is to
    generate additional reach &
    visibility of highly engaging
    posts & as much engagement as
    possible [likes | shares |
    comments].
Featured Stories

+ Amplifies the actions of a person with
  a brand to their friends. This gives
  the brand social context.

+ Actions that can be amplified include
  page likes, post likes, comments,
  shares & app interactions.

+ This placement is a good option
  when you have a number of fans
  already engaging with your content
  & can be used instead of other ad
  formats to reach a broader audience
  than just your page fans.

+ These can be displayed on the right-
  hand side with other ads or featured
  more prominently in the newsfeed.
Standard Ads

+ Should you wish to run
  Facebook ads to promote a
  brand that is not on
  Facebook, standard ads
  may be the best format.
  They can link to external
  websites & display with an
  image or video & no social
  context.
Proof that engaging content + Facebook Ads work!




   https://www.facebook.com/video/video.php?v=10101363593993523
QUIZ

What ad format is this?
AND Don't forget to review the media
plan!
+ It’s common to have more than one ad Facebook ad format
  on a media plan & as Facebook has changed the format’s
  names several times in recent years, they may be labelled
  differently. Follow up with your media agency if you have
  questions.
Appendix & References
References

+ Facebook Ad Guidelines:
   + https://www.facebook.com/ad_guidelines.php



+ Value of an Apple Fan (Satmetrix Net Promotor
  Economics)
   + http://www.satmetrix.com/pdfs/NP_Economics_Technology_Final
     .pdf


+ The Facebook Factor (Forrester):
   + http://www.forrester.com/The+Facebook+Factor/fulltext/-/E-
     RES70661

+ Global Trust in Advertising (Nielsen):
   + http://www.nielsen.com/content/dam/corporate/us/en/reports-
     downloads/2012-Reports/global-trust-in-advertising-2012.pdf
THANK YOU
Contact us:
http://www.thefarmdigital.com.au
Facebook.com/TheFARMdigital
@thefarmdigital (Twitter & Instagram)
Pinterest.com/TheFARMdigital

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FARM Education: Facebook Paid Media

  • 1. EDUCATION: Facebook Paid Media August 2012
  • 2. AGENDA + Why we Facebook + What we know about people & Facebook + Effective Storytelling + Facebook Paid Media Formats
  • 3. First - why we Facebook
  • 4. Why do we Facebook? + Because the people we are talking to do. USERS PER AVG. NUMBER MONTH OF FRIENDS 12 MIL 234 * Australian Stats – Facebook Internal Data April 2012
  • 5. QUIZ Of the 12 million Aussies on Facebook every month – how many are accessing it from their mobile? 9 million
  • 6. What do people do on Facebook? + Share A LOT of stories * Australian Stats – Facebook Internal Data April 2012
  • 7. The million dollar question +How do we get in on all this action?
  • 8. We become part of the stories + Brands have stories to tell, so do people. On Facebook, consumers will interact with a brand story if it helps them tell their personal one.
  • 9. What we know about people & Facebook
  • 10. Not surprisingly… 92% of Australian consumers trust earned media (word of mouth) more than any other type of media. * Up from 75% two years ago. Nielsen 2012 Global Trust in Advertising & Brand Messages
  • 11. Which is great because + Facebook is a recommendation engine with all functionality focused on generating stories, stories & more stories. Stories about brands act as implied word-of-mouth endorsement.
  • 12. Two big questions + Do stories about brands in Facebook work. I mean actually drive awareness / trial / sales? + How do we generate THE most effective stories of all?
  • 13. Yes – brands can be effective on Facebook Facebook fans are much more likely to purchase, consider & recommend the brands they engage with on Facebook than non-fans. * Forrester research “The Facebook Factor” April 2012
  • 14. Value of a Facebook Fan to Apple + A Facebook fan of Apple is worth 90% more than a non-fan. + Every Apple Facebook fan results in one new customer. + Fans make up 17% of all Apple’s new customers.
  • 16. To create stories + Wall content needs to generate engagement: Likes | Comments | Shares. + This puts branded content into the newsfeed of fans & their friends. + The more engagement the post generates, the more people will see it, the more it will be worth to our brands.
  • 17. Posted 4 hours ago + And already viewed by 35,552 people.
  • 18. Tips for posts that drive engagement + Short & Sweet: Posts should be less than 90 characters. + Pictures tell a 1000 words: Posts with images consistently outperform those without. + Invoke-a-need-to-share: A post that helps the consumer build on their personal story. + Strong call-to-action: Tell the consumer what to do – they're more likely to do it then! + Keep it simple: Posts are usually viewed in the newsfeed and viewed quickly. The simpler the message, the more likely they are to respond.
  • 20. Example: A picture tells a thousand words
  • 21. Example: Invoke a need to share
  • 24. BUT ! Only 16% of Facebook fans see a brand page’s story.* + Which is where PAID media comes into the picture. * Facebook Internal Research
  • 26. Facebook Paid Media helps you reach + Fans + Friends of fans + A targeted but broader audience beyond fans & their friends.
  • 27. Friends of Fans Effect + The trick to clever marketing in Facebook is to tell so compelling a story that only some of your fans engage but that engagement impacts their friends. Starbucks fans & friends of fans spent 8% more & purchased 11% more frequently than non-fans who are Starbucks buyers.* * comScore 2011 The Power of a Like
  • 28. Loosely, there are 3 types of Facebook Ads + Page Post Ads + Featured Stories + Standard Ads
  • 29. Page Post Ads + Select the most compelling stories from your brand page to run in this format. + You can run anything that you post onto your brand page wall but anything over 90 characters long will be automatically shortened & any posts that do not follow Facebook’s advertising code will be rejected. + The aim of this placement is to generate additional reach & visibility of highly engaging posts & as much engagement as possible [likes | shares | comments].
  • 30. Featured Stories + Amplifies the actions of a person with a brand to their friends. This gives the brand social context. + Actions that can be amplified include page likes, post likes, comments, shares & app interactions. + This placement is a good option when you have a number of fans already engaging with your content & can be used instead of other ad formats to reach a broader audience than just your page fans. + These can be displayed on the right- hand side with other ads or featured more prominently in the newsfeed.
  • 31. Standard Ads + Should you wish to run Facebook ads to promote a brand that is not on Facebook, standard ads may be the best format. They can link to external websites & display with an image or video & no social context.
  • 32. Proof that engaging content + Facebook Ads work! https://www.facebook.com/video/video.php?v=10101363593993523
  • 34. AND Don't forget to review the media plan! + It’s common to have more than one ad Facebook ad format on a media plan & as Facebook has changed the format’s names several times in recent years, they may be labelled differently. Follow up with your media agency if you have questions.
  • 36. References + Facebook Ad Guidelines: + https://www.facebook.com/ad_guidelines.php + Value of an Apple Fan (Satmetrix Net Promotor Economics) + http://www.satmetrix.com/pdfs/NP_Economics_Technology_Final .pdf + The Facebook Factor (Forrester): + http://www.forrester.com/The+Facebook+Factor/fulltext/-/E- RES70661 + Global Trust in Advertising (Nielsen): + http://www.nielsen.com/content/dam/corporate/us/en/reports- downloads/2012-Reports/global-trust-in-advertising-2012.pdf