Posts Tagged ‘Facebook’

4 Ways to promote your business on Facebook – for FREE

Wednesday, October 8th, 2008

FacebookInnovative marketing is an inevitable phenomenon to make your company’s presence felt in the ever-changing marketplace. With increasing number of users going immune to advertisements, the phenomenon of engaging the user to subtly communicate your message -  is here to stay.  Social networking has become one o f the top user engaging activity on the internet. And Facebook leads in the social networking space.

Some facts which might interest you:

·    Facebook hit the 100 mn user mark on 26th August. Currently it has some 110 mn active users.

·    It is the most-trafficked social media site in the world. (comScore)

·    More than half of Facebook users are out of college. 68% of these are professionals, executives, educators or in technical career.

·    The fastest growing demographic is those 25 years old and older

Here, I will give you a quick overview on how to engage users on Facebook. I will discuss some of these in detail in future posts.

·    Create a Facebook business page

The Facebook Pages act as a Profile for the business. It helps you create an identity for your company or brand on Facebook. This feature was launched by Facebook in November 2007. Users can become ‘fans’, an activity which is seen by their friends and is highly viral. You can upload photos, videos and all information about your business. Facebook users can interact directly with the business through its Facebook Page by adding reviews, writing on that business’ Wall, uploading photos and in any other ways that a business may want to enable. These actions could appear in users’ Mini-Feed and News Feed, Facebook’s popular products that allow users to share information more efficiently with their friends

 

·    Engage the user in a Facebook application

The main challenge is that currently about 140 new applications are added on Facebook everyday to an already existing application pool of 24,000+ applications.  But this is indeed one of the promising tools on Facebook. The key is to make your app – Viral, Engaging and Unique. You can use apps to promote a brand, create your presence or tactical reference to your website, offers etc or simple to establish a user base and make money from ads. The best thing about the application is that it uses many component of Facebook like : news- feeds and mini-feeds, invitations, profile boxes, notifications,  some of which are highly viral.

 

·    Create a Facebook group

A Facebook group is one of the simplest ways to create community around your product or brand. Customer and friends can participate in discussions, writes posts, put photos, videos, etc. The group name also generally appears on the member’s profile page thus helping drive more traffic to the group page.

 

·    Post on the Facebook Marketplace

This is Facebook’s classified listing service. Users can post to-sell or wanted ads here. Although it generally  doesn’t generate a lot of leads, it is worth a try since its free. Unlike Craigslist, which is anonymous, all Marketplace responses are tied to real Facebook accounts. So, you can actually see the respondent’s profile page when someone responds to your listing.

 

A platform like Facebook provides unprecedented marketing openings. The multiple prospects available to marketers are beyond compare – the challenge is effectively utilizing the viral capabilities of this platform.

 

Social Networking sites across the globe

Thursday, September 18th, 2008

In my previous post, I gave an overview of some of the top social media sites based on their Alexa ranking. However, when it comes to Social Networking sites, understanding their key geographies of dominance becomes very important, both for users and marketers. Let’s take a closer look at this…

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A    Few highlights:·

  • Facebook emerges as a strong network internationally closely followed by MySpace ·
  • Orkut is pretty strong in Brazil and the Indian subcontinent. In fact, did you know that more than 2/3rd of the Brazilian net users use Orkut. ·
  • hi5 has strong presence in certain pockets across the globe. This is mainly in Peru, Columbia, Mongolia, Thailand etc. An interesting discussion is how it has established such dominant presence in select pockets. But I’ll leave that for some other time.·
  • Friendster, one of the foremost social networks is mainly dominant in south-east Asia. In fact, it is estimated that nearly 90 percent of internet users in the Philippines have Friendster accounts!

While networks are trying to grow their presence across various countries, this is now simple even for the number Uno network. The underlying key to social networking is a user’s group of friends should be on
that network. Once a user establishes a circle of friends on a particular network, it is pretty difficult to  migrate the users to other networks, no matter how good the services provided!

For example, currently 61% of Facebook users come from only 3 countries – US, UK and Canada.  For the #1 social networking site to displace the regional market leaders like Friendster in South-east Asia, Bebo in part of Europe and Orkut in South Asia and Latin America is not going to be any easy task. But, knowing the speed at which Facebook has traveled from Harvard to Ivy League schools, further  to high schools and corporate networks and finally, to the entire internet community…millions of eyes are glued to track its progresses now!