I’ve been using Google Adwords for a while now for targeted online promotion of my business and so far so good, I’ve been relatively happy with the results. What I like best about AdWords is the fact that you can get going and test the waters really easily. For as little as $5 per month you can get started with campaigns and tweak to see what works and what doesn’t before expanding your promotions.
Enter Facebook and their business pages. Business pages are great – a free way to raise brand awareness amongst your network and their friends. However, their advertising component whilst being attractive (you can reach out and promote to a highly targeted demographic including age, location, sex, keywords, education, workplace, views and relationship status) isn’t great for those who want to test the waters. Unlike Google, Social Ads have a minimum daily investment of $5 for advertising. Really what you are paying for here is the targeting capabilities and the investment may be worth it. $5 is not a lot you may think but for small to medium sized companies already happy with Adwords it may be prohibitive (especially since the Facebook option is new and the effects of advertising in this forum are untested).
Has your organisation tried Social Ads yet? What response rate are you getting and how do the results compare to your experience with Google Adwords (if you’ve used that)?. Please let me know and so that we can feature your comments in a future Out-Smarts Internet Advertising blog post.