Are you promoting a product or service? Have you produced a marketing plan for it? Then you must have already identified your target audience … right?
Once you know who your target is, you’ll need the right tools to get their attention. There are countless platforms and networks that can target users by location, demographics, behavior, network, price and bid options. But what if you wanted to target someone who is attending Stanford University in their sophomore year, on their birthday, without needing a robust customer database? The answer is Facebook.
Facebook is one of the fastest growing websites with 400 million active members, and growing. Whether your target audience consists of 213 people or 3,812,010 people, they are on Facebook.
Any company can start advertising on Facebook for any price, there is no minimum. Advertisers can promote a Page or Event by driving visitors back to the Facebook entity or choose to drive visitors to a separate website. Facebook ads are a combination of Pay Per Click ads and image display ads offering 25 title characters, 135 characters of ad copy and an image upload. The advertiser can schedule ad flights, choose daily budgets and select CPM or CPC pricing.
But most importantly, the targeting features are extremely refined:
- Location
- City and state
- Radius around city (in miles)
- Age: 13 to Any
- Birthday
- Sex
- Keywords: Found in user’s profile updates, info tab and interests
- Education
- High School
- College: Name of college, major, graduation year
- College Grad: Name of college, major
- Workplace
- Relationship Status
- Interested in men/women
- Language
If you run a Facebook Page or are an admin for a Page, you can also target Facebook users by their connections:
- Users who are connected to your Page, Event, Group or Application
- Users who are not already connected to your Page, Event, Group or Application
- Users whose friends are connected to your Page, Event, Group or Application
With every targeting restriction you choose, Facebook will calculate the estimated number of people expected to see your ads along with the suggested bid. The more specific you get with your target audience, you will find the number of people estimated to see your ad start to dwindle, but they will be exactly who you want to see your ads.
Facebook provides detailed reporting for your ads:
- Advertising Performance: Total and Unique Impressions, Clicks and CTR along with CPC, CPM and Cost. Conversion tracking is now in Beta and expected to roll out to all advertisers in Q1 of 2010.
- Responder Demographics: Provides valuable demographic information about users who are seeing and clicking on your ads.
- Responder Profiles: Provides information about the types of users who see or click on your ads such as interests that they have listed in their personal profiles.
This re reporting allows us to identify the best performing ads and recommend ways to improve them on a regular basis through testing and experience. For more robust reporting and management, we utilize Omniture’s Search Center to manage Facebook media buying and advanced analytics. This could potentially allow advertisers to effectively manage Facebook campaigns and enhance reporting on cross-channel campaigns.
Connect with us to develop a strategic Facebook advertising strategy that integrates with your current marketing plan.
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- Facebook Ads: “Keywords” Will Change to “Likes and Interests” This Week (allfacebook.com)
- Facebook, Omniture expand marketing partnership (sfgate.com)
- Omniture Expands Their Facebook Analytics Offering (allfacebook.com)
- Facebook Increases Number Of Cities Available For Ad Targeting (allfacebook.com)
- Facebook to automate ad buying through Omniture (venturebeat.com)
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In two recent talks that I led about the state of mobile marketing, the issue of 2D codes generated a great deal of questions and confusion. Like many things in the mobile industry, competing proprietary solutions and a lack of standards are impeding the potential as marketers grapple with the overly convoluted ecosystem.![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=0b357ffb-d589-40bb-8fc5-dacfa7b8cde0)