getting started: marketing your business on facebook
DESCRIPTION
A quick start guide for small businesses looking to use Facebook for marketing. Includes Facebook marketing best practices, engagement tips and revenue options. Webinar presented to members of the Minnesota Chamber of the Main Street Chamber as Director of Marketing and Strategic Communications along with the VP of Sale for Four51, inc. the makers of FanTools, a digital promotions application for small businesses.TRANSCRIPT
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Getting Started Marketing Facebook
Ryan Ruud Director of Marketing
Bill OsteraasVice President, Sales
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Agenda• Four51 Overview
• Why Facebook, Why Now?
• Understanding Reach
• Why Fans Connect With Brands on Facebook
• Getting Started on Facebook
• Best Practices
• Grow your fans
• Retain your fans
• Increase Revenue
• FanTools Overview
• Q&A plus online resources
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Four51 Overview• Founded 1999
• Software as a Service for:
Order Management (CommerceTools)
Social Marketing (FanTools)
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CommerceTools
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CommerceTools
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Why Facebook, Why Now• 800 Million Active Users
• More than half are logged in on any given day
• More than 350 Million Users access Facebook from a mobile device
• Average user has 130 friends
• Opportunity to connect your brand and extend reach
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Extend Your Reach
• A few fans
• Connected to an average of 130 friends
• Engaged consistently
• Extends your brand to new prospects
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Extend Your Reach
**Reach is calculated using a 20 post-per-month average with 1% action (like, comment, share) on content by fans. Liking, commenting and sharing unlocks the fan amplification
effect (FAE). The average Facebook fan is connected to 130 people (FB Fan Average). Using the impressions formula below you can calculate the minimum potential reach for
your business’ fan base.
FAE * # Fans * FB Fan Average = Minimum Potential Reach
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Why Fans Connect With Brands• Because they are customers in real life
• To receive discounts and promotions
• To show their friend they support a brand
• To be the first to know what’s going on with the brands they love
• Gain access to exclusive content
• 56% of fans are more likely to recommend a brand
• 51% of fans are more likely to buy a productSource: http://mashable.com/2011/09/12/consumers-interact-facebook/
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Getting Started Marketing on Facebook• Sign up!
http://www.facebook.com/pages/create.php
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Getting Started Marketing on Facebook• Be Thorough
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Getting Started Marketing on Facebook• Plan & Execute
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Best Practices• Be Transparent
• Educate
• Use the platform
• Show off
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Grow Your Fans• Give a reason
• Socialize existing
digital properties
• Synergy with print
and other media
• Offline tactics
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Retain Your Fans• Vary your content
• Make the fan the star
• Be timely
• Reward your fans
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Increase Your Revenue • Provide incentive
• Promotions and Discounts
• Commerce
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FanTools. Powering Promotions.FanTools powers your business promotions, giving you control of your web, social and mobile deals by delivering offers to your fans where you want, when you want, and the way you want.
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Promotions: pro·mo·tion [pruh-moh-shuhn]
1.advancement in rank or position.
2.furtherance or encouragement.
3.the act of promoting.
4.the state of being promoted.
5.something devised to publicize or advertise a product, cause, institution, etc., as a brochure, free sample, poster, television or radio commercial, or personal appearance.
Coupon/Flash Deal Group Buy
Information Post
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FanTools Promotion Publication Options
Other
Email Campaign
Web Page
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FanTools Promotion Notification Options
FB Wall
Fan Email
Fan SMS Text
Email Campaign
Other
Customize message for each platform
Fan Opt-in Notification
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FanTools Features• Multiple promotion types: Coupon, Flash, Group Buy, Information Post
• Scheduling for publication date, expiration date, and promotion valid date
• Fan gating and profile gating capabilities
• Reporting & analytics for promotion view, print, and click as well as profile question responses
• Google Maps: deals show map with the locations where promotion is valid (coupon, group, flash)
• My Deals: fans can check the status of their Group Buys, print vouchers
Fan Gate
Profile Gate
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Administration Features
• Self Administration for complete control over the number of promotions, the types of promotions, and the timing of promotions
• Group Buy requires set up of payment gateway via PayPal
PayPal Website Payments Pro
PayPal PayFlow Pro (for existing Internet Merchant Accounts)
All funds go directly into customer merchant account – no revenue split with Four51
• Tiered Administration
Administrators can create roles with specific permissions and can assign users to roles
Administrators can create divisions (sub-organizations) and clients, with roles and users.
• White Label Option Available
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Facebook & Four51 Resources
four51.com
facebook.com/Four51FanTools
facebook.com/marketing
Contact information:
Ryan Ruud & Bill Osteraas