It’s fairly safe to say that
social media has changed our lives. Networks like Facebook, Twitter, Instagram
and Snapchat have opened up new ways to communicate and share our passions and
daily lives. As a result, they have attracted hundreds of millions of active
users. The online advertising research company eMarketer estimated that 593.7
million people worldwide used Instagram at least once a month in 2017.
All of these networks have
benefited from the fact that consumers eagerly share their interests across
these networks, generating a substantial amount of data about these consumers
that advertisers can use to deliver targeted ad messages. This has led to the
massive popularity of social advertising as a way to reach very targeted
audiences – the same eMarketer report estimates Instagram sold $4.10 billion in
advertising in 2017.
Many businesses are aware that
social media gives them an opportunity to interact with their customers by
sharing content, news and special discounts to those who “follow” the company’s
pages. But many do not know that they can amplify their voice across these
networks through the use of paid advertising, which can put them in front of
both their existing customers and new prospects.
Facebook allows advertisers to set
their goals, determine the audience targets that they want to reach, set
budgets and then run campaigns across the network (here is an overview of the
basics). Advertisers can get very creative with their targeting. They can
pursue consumers who recently visited their site or looked at items at online
retailers. They can target completely new audiences who have the same
characteristics of customers (in other words, those who are “likely” to be
customers). Many of the same parameters and strategies can be applied to
Instagram, which is owned by Facebook.
No comments:
Post a Comment