The One Thing Marketers Need to Know About the New Facebook – The New Facebook For Marketers – Part 3

Posted by: Neil James // October 25th, 2011

The One Thing Marketers Need to Know About the New Facebook - The New Facebook For Marketers - Part 4

If you are versed in the principles of search marketing, SEO and PPC, you are at an advantage as a marketer on Facebook.

It’s an important point, arguably the one thing you need to know about the new Facebook as a marketer,  so let’s repeat it.

If you are versed in the principles of search marketing, SEO and PPC, you are at an advantage as a marketer on Facebook.

How?

More than ever, Facebook’s changes have been influenced by the strategic principles that propelled Google to undisputed search dominance.

For those of you old enough to remember, Google holds the rare distinction of being both their industry’s dominant player and last-to-market. Before Google, the search landscape was ruled by indefatigable titans such as Altavista, Lycos, Infoseek, and Yahoo!

Even in those glory days (the 90s) marketers recognized the advantages of having a high ranking for relevant search queries. Savvy webmasters gleefully stuffed their websites with keywords, gaming the system. Yahoo! sold off top rankings to the highest bidder.

Enter Google. While known among techies but less so by marketers, Google’s ascent into dominance was built on their commitment to relevance and the user experience.

What does a user want when they enter a search query? Relevant results.

What type of effect did the gaming and paid placement have on search engines? They produced less relevant results for their users.

Google was the first of the major search engines to recognize this fact and built a system predicated on relevance. If Google’s search engine does not return relevant results, it has failed in its mission. So successful though was Google at delivering relevant results that their very name came to represent the category of online search.

With superior relevance and user experience, Google attracted more eyeballs than any other search property. Advertisers looking to take advantage of these eyeballs were greeted by one of the industry’s most innovative and effective marketing models: pay-per-click marketing.

The rest was history.

What does this have to do with Facebook?

SEO and PPC

The new Facebook will provide visibility to brands similarly to how SEO and PPC produces visibility for brands in search engines.

Consider a search query for the phrase “Caribbean cruises.” Google will return what it believes to be the most relevant results in its organic listings, highlighted below in red.

SEO - The One Thing Marketers Need to Know About the New Facebook - The New Facebook For Marketers - Part 4

SEO: Organic Listings - Google

Attempts to improve visibility in these non-paid, organic listings is known as search engine optimization or SEO. The art of SEO is a complex one, and involves, more or less, work to convince Google that your website is worthy of higher organic rankings. SEO is accomplished by attracting links from credible sites, thorough tagging of site elements and properly sculpted architecture enhancing site visibility.

While the benefits of SEO are immense, the process is slow and arduous. Enter, pay-per-click marketing or PPC.

PPC - The One Thing Marketers Need to Know About the New Facebook - The New Facebook For Marketers - Part 4

PPC: Paid Listings

In the above image, the areas of a search engine results paid highlighted in red are purchased through Google. The art of PPC is complex as well. Ever committed to the user experience, Google does not simply allow any advertiser to buy visibility for a given keyword. Advertisers must (generally) be relevant to the keyword they choose to advertise under. PPC allows advertisers to obtain visibility as a media expenditure rather than as a function of natural relevance to a specific keyword.

Facebook Visibility

Prior to September 2011, the bulk of Facebook updates were delivered to users in chronological order. If my friend made a post at 3:00 pm, a brand I was following made a post at 2:00 pm, and another friend I was following created an event at 1:00 pm, I would see those updates in that order from top to bottom: the 3:00 pm post is most visible at the top followed by 2:00 pm branded update and and the 1:00 pm event creation.

As discussed in part one, with the introduction of Top Stories, Recent Stories and the Ticker, this is no longer the case.

Now, Top Stories, the most visible part of the Facebook user experience, is controlled by a Facebook algorithm. Based on the posts you’ve liked, commented on and interacted with in the past, Facebook figures out automatically which posts are most likely to be relevant to you and gives them prominent visibility.

Sound familiar?

Top Story - The One Thing Marketers Need to Know About the New Facebook – The New Facebook For Marketers

Top Story: Facebook Organic Visibility

In essence, brands that fail to produce relevant content, which in the context of Facebook, is content that is liked, commented upon, shared and interacted with, will be punished with reduced visibility.

Such, the analogue to SEO. The art of SEO is creating a website that, by improving relevance, promotes organic visibility in the results pages of search engine. Creating visibility for your brand’s posts on Facebook, formerly a product of chronology, will now be a function of relevance, which for Facebook, is measured by user engagement.

Sponsored Stories

Not everybody can be a winner at the organic game. What if you just want to buy visibility?

Enter Facebook Sponsored Stories.

Sponsored Stories - The One Thing Marketers Need to Know About the New Facebook - The New Facebook For Marketers - Part 4

Sponsored Stories: Facebook Paid Visibility

Let’s say somebody likes your brand’s Facebook page. This action is likely not something that will be shared or commented on, and as such, be less likely to be visible in the new Facebook construct.

By paying for Sponsored Stories, Facebook allows you to increase the visibility of this new “like”. When purchased by the advertiser, the friends of the person who liked your brand will see this “like” as a prominent sponsored story in the right hand column of the page.

“Likes” are not the only action that can have their visibility powered up by Sponsored Stories. Perhaps more importantly, if your brand issues a post about an upcoming sale, purchasing Sponsored Stories will ensure that more of your fans see this post. Specific likes or comments on posts, app uses and check-ins also can be promoted via Sponsored Stories.

Just as with Google PPC marketing and Facebook’s current ad platform, Sponsored Stories can be tightly targeted. If you’re promoting an extreme energy drink, you can create parameters that ensure your sponsored story only shows to males ages 18-34 in your targeted geographies.

Sponsored Stories are purchased on a cost-per-click or cost-per-impression basis. It should be noted that if you choose cost-per-click, which most advertisers will, Facebook is not in the business of giving you free advertising. If your sponsored story doesn’t generate a click, Facebook will stop promoting your message.

So just as Google did, Facebook is leveraging the sheer amount of eyeballs it owns to charge brands for prominent visibility.

Should You Buy Sponsored Stories?

Like any good answer to a generically asked marketing question, it depends.

With any luck, you’ve been very diligent about paying attention to the metrics of your Facebook page generated through Facebook Insights. If you haven’t, that’s okay.

If your brand posts according to an editorial calendar or on a schedule, keep a careful eye on the news feeds impressions through Facebook Insights, particularly if you have a KPI whose effectiveness depends on this metric. If you notice a decline in the number of people viewing your posts, you need to consider:

  1. Rework your posts to drive more engagement – more shares, comments and likes.
  2. Consider purchasing sponsored stories to drive up impressions, and track the subsequent results

The New Facebook for Marketers by Russell Herder

Introduction: The New Facebook for Marketers

Part 1: Facebook Ticker and How the New News Feed Works

Part 2: Getting the Most Out of Facebook Insights

Part 3: The One Thing That Marketers Need to Know About the New Facebook

Part 4: What is Facebook Timeline?

@NeilAndrewJames


Getting the Most Out of Facebook Insights: The New Facebook for Marketers – Part 2

Posted by: Neil James // October 24th, 2011

Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 2

Quietly, Facebook has been making improvements to its analytics platform, Facebook Insights. Analytics, so important for establishing ROI and optimizing campaigns, has been somewhat of a challenge for Facebook and marketers alike. Not a traditional web company by any means, Facebook has long struggled to identify the data of most use to marketers. Conversely, marketers have had difficulty making sense of the truly unique metrics Facebook makes available via insights.

While not as sexy as the sweeping changes made to its profiles and news feeds, the updates made to Facebook Insights are as critical to marketers as the changes in the platform itself. Interestingly, the applicability of the most prominent new metrics is somewhat limited, whereas the “below-the-fold” metrics are of far greater value.

Facebook: People Are Talking About This

Facebook - People Are Talking About This - Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Facebook: People Are Talking About This

As discussed in the previous post, Facebook is placing a premium on posts that elicit engagement: comments, likes, shares and so on.

To help, Facebook has created a new metric called “(people who are) talking about this.” This metric, which goes back seven days and as of this point does not have a customizable date range, measures how many people have completed one or more of the following actions:

  • A Facebook user “liked” your Facebook page
  • A fan posted to your Facebook page’s wall
  • A fan commented on or shared one of your page’s posts
  • A fan “mentioned” your page using the tagging functionality (the `@’ sign)
  • A fan “checked in” at your place
  • A fan tagged your page in a photo
  • A fan “answered” one of your posted questions
  • A fan “recommended” your Places page

Although Facebook makes this metric extremely prominent; placing it right beneath the fan count and front and center on the new Insights page, this metric has some inherent flaws.

Beyond the obvious limitations posed by the seven-day restriction (which will presumably be addressed at some point), the critical flaw in this metric is that it weighs all the components that make it up equally.

If five new people become fans of your page, that counts as five people talking about you. Similarly, if five people check in to your venue, that also counts as five people talking about you. While there is value in both of these actions, it’s likely that not only is their value different, it varies by business.

Similarly, if one user who is highly influential shares your post, that only counts as one person talking about you, whereas if you are tagged in four photos by four users, that counts as four people talking about you. But if that one person who shares your post is influential enough, that can have substantially more impact than the 1:4 disparity in the “people talking about you” metric would lead you to believe.

Most brands, if they are practicing marketing effectively, will see this number rise over time, so at a very high level, seeing trends in this number is moderately useful. But as it does not inform you of actions you should be taking in the future, you should take this metric with a grain of salt.

Facebook Insights - Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Facebook Insights

Other new metrics offered by the new Facebook Insights include:

Weekly Total Reach: This metric lets you know how many individual users have seen your page or its content. Limiting this metric’s effectiveness is that it measures how many people have seen an ad for your page or a sponsored story. As a result, it can be difficult to parse out how much of this metric is attributable to media expenditure versus the effectiveness of your content and Fan Page.

Friends of Fans: This metric counts the number of people who are two degrees of separation away from your Fan Page. In other words, it measures the total number of connections possessed by fans of your page. It’s a number that should trend upward as you gain more fans.

Most brands on Facebook are looking for both quantity and quality with respect to their fan base. Unfortunately, Friends of Fans isn’t needed to measure the former (fan count is clear enough) and it’s ambiguous at measuring the latter. Brands interested in measuring the quality of their fans are better served looking to engagement metrics, such as interactions per post.

Page Post Metrics

Of all the changes made to Facebook Insights, this is the one you need to care about.

As discussed in part one, Facebook is placing an increased emphasis on engagement. Brands whose posts accomplish this will be rewarded with greater visibility. Conversely, brands to fail to engage their fans will see Facebook curtail their posts’ visibility.

Facebook Page Post Insights - Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Facebook Insights: Page Posts

Each post made by your Facebook page gets its own line and set of metrics, including:

Reach: The number of unique people who have seen your post. This helps you identify the time and dates that reach the greatest number of fans.

Engaged Users: The number of unique people who have engaged with your post, including any click on a post. This allows you to view, at a glance, how engaging your posts are by volume.

Talking About This: The number of unique people who have liked, commented on or shared it post. It also counts RSVPs to an event and answers to a question. By clicking the number, you can see at a glance whether the interaction was a like, comment, share or other. This metric also helps you view, at a glance, how engaging your posts are by volume.

Virality: The most useful metric. The number of unique people who have interacted with your post as a percentage of unique people that have seen it. In the above image, there is a five-fold difference from the most to least engaging post! The virality metric helps you, at a glance, determine which posts are most engaging but weighted by reach.

Via Insights, Facebook now allows you to see the demographics of those who have interacted with your page!

Facebook Insights Demographics - Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Viral Reach: Facebook Insights also gives you a “Viral Reach” chart. This chart tracks the number of unique users who saw a story that was shared by one of their friends. Whereas the preceding Friends of Fans metric gives you the total number of second-degree connections your Facebook page has, Viral Reach tells you how many of those connections you actually reached – a far more useful measurement for determining how effectively your content is spreading beyond its existing reach.

Facebook Viral Reach - Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Facebook Insights: Viral Reach

Facebook Insights For the Web

Facebook now offers Insights for your company website! Simply go to Facebook Insights and click the green “Insights For Your Website” button in the upper right hand corner. The process of installation (detailed here) is requires pasting a small code onto your website’s home page.

Once installed, Facebook Insights for your website allows you to measure the following:

Site Engagement: The number of times people posted a link to your website through a Facebook action, status or a wall post.

Distribution of Impressions: This metric measures the number of times people view stories shared by their friends in your news feed that link to your brand’s website.

Facebook Insights For Your Website - Getting the Most Out of Facebook Insights The New Facebook for Marketers – Part 3

Facebook Insights For Your Website

The New Facebook for Marketers by Russell Herder

Introduction: The New Facebook for Marketers

Part 1: Facebook Ticker and How the New News Feed Works

Part 2: Getting the Most Out of Facebook Insights

Part 3: The One Thing That Marketers Need to Know About the New Facebook

Part 4: What is Facebook Timeline?

@NeilAndrewJames


Facebook Ticker and How the New News Feed Works: The New Facebook For Marketers – Part 1

Posted by: Neil James // October 20th, 2011

Facebook Ticker and How the New News Feed Works The New Facebook For Marketers - Part 2

Facebook Ticker and How the New News Feed Works The New Facebook For Marketers - Part 1

Although shapes, sizes and variants abound, at its core, marketing via Facebook entails the following:

  • People become a fan of a brand on Facebook
  • The brand posts status updates, which are pushed out automatically to fans of the brand
  • People share the updates, driving more people to become fans of the brand on Facebook
  • The brand continues to post status updates, which are now pushed out to a larger fan base
  • The cycle continues

Although the updates may be news, pictures, apps or responses to angry consumers and bloggers, the above model essentially describes the Facebook marketing experience for 90 percent of organizations.

It would stand to reason, therefore, that any changes made to how users receive content from Facebook will have significant implications for existing social marketing programs.

Facebook Ticker

Facebook Ticker - Facebook Ticker and How the New News Feed Works The New Facebook For Marketers - Part 2

Facebook Ticker: Click to Zoom

The most striking change in the Facebook News Feed, or the page from which users consume the vast majority of content is the addition of what is known as the “Ticker.”

Previously, everything posted to Facebook was pushed out to users via the News Feed; a brand posting an update; a friend liking a brand; a friend attending an event.

Each of those actions, however, basically fell into three categories:

  • An update (posting content, be it a status update, photo, link or note)
  • A connection (two friends becoming connected, an individual “liking” a brand)
  • An event (an individual creates or posts their intent to attend an event)

Facebook felt this construct to be limiting, and created protocol to introduce more “action” verbs that could be used in lieu of status updates. The difference between old Facebook and new Facebook can be described as follows:

John Doe is listening to “Dream On” by Aerosmith via Spotify:

  • Old Facebook: John Doe posts status update to his friends – “Rocking out to Aerosmith right now!”
  • New Facebook: John Doe integrates his Facebook and Spotify account together. Spotify automatically posts “John Doe is listening to Dream On by Aerosmith via Spotify.

Although currently, Facebook allows users to integrate with only Netflix, Hulu, Spotify, Vevo, and a few others, it’s easy to imagine Facebook will aggressively pursue partnerships with other content publishers and introduce new “action verbs” to its ecosystem.

Previously, chronology was the primary criteria by which updates were sorted: last post made = first post read. The addition of new verbiage, new categories of actions, allows Facebook to sort updates by relative importance. Enter the Ticker.

According to Facebook, the Ticker serves as a repository for all “lightweight activity.” Previously, all activity initiated by the friends of or brands followed by an individual would be seen by a user in the news feed. Now, the following types of activity, defined as “lightweight”, will be displayed in the Ticker rather the news feed:

  • A user’s friend “liking” a branded Fan Page
  • A user’s friend “becoming friends” with another Facebook user
  • A user RSVPing to an event
  • A user commenting on another user’s post
  • A user performing an “action” verb (see the Spotify/Aerosmith example)

One important note: status updates now have the potential for multiple views, as these posts have the potential to appear in both the Ticker and the News Feed, as seen below.

Facebook Ticker Post - Facebook Ticker and How the New News Feed Works The New Facebook For Marketers - Part 2

Facebook status update appearing in both Ticker and News Feed

News Feed

The News Feed that Facebook users have grown to love also underwent some changes. The most prominent feature displayed to users upon logging into Facebook is the “Top Stories” section of the News Feed.

The particulars of what actually causes Facebook to designate something as a “top story” will likely dominate marketing conversations, articles and blog posts for the next year. In essence, however, Facebook will select the stories you are most likely to interact and engage with based on your past behavior and give them “top story” visibility.

Facebook Top Stories - Facebook Ticker and How the New News Feed Works The New Facebook For Marketers - Part 2

Facebook Top Story vs. Recent Story

The Takeaway

The basic model of “brand-publishes-content” and “user-shares-content” model isn’t in danger, but the recent Facebook update has shaken things up.

While the actual ramifications of these changes remain to be seen, here are three quick takeaways for brands and marketers:

  1. You need to be more engaging – Facebook’s Top Stories/Recent Stories model will use visibility as an incentive for publishing engaging content. Brands who fail to engage their fan base will be punished by having their organic visibility on the platform reduced.
  2. You need to be more engaging – Given that Facebook is now publishing what users are listening to, watching and sharing, brands are at greater risk of having their messages crowded out. This places an even greater premium on developing content that is more likely to be shared by your fans.

The New Facebook for Marketers by Russell Herder

Inroduction: The New Facebook for Marketers

Part 1: Facebook Ticker and How the New News Feed Works

Part 2: Getting the Most Out of Facebook Insights

Part 3: The One Thing That Marketers Need to Know About the New Facebook

Part 4: What is Facebook Timeline?

@NeilAndrewJames


The New Facebook For Marketers – A Four Part Series by Russell Herder

Posted by: Neil James // October 19th, 2011

The New Facebook For Marketers - Part One of a Five-Part Series by Russell Herder

Facebook: 500 Million Users in One Day

We’re well past the point where half a billion people having Facebook accounts was a significant milestone. At the recent f8 developer conference, Facebook founder Mark Zuckerberg reported that half a billion people used Facebook in one day.

As a marketer, or even a non-marketer, you might have noticed that Facebook has undergone some pretty significant changes in the past month. Top stories. Recent stories. The Ticker. Timeline. Sponsored stories. What are all these things, and more importantly, what do I need to know to keep my Facebook marketing plan ahead of the competition?

Over the next week, Russell Herder will dive into the new Facebook and highlight the changes that will impact you and your marketing plan the most!

Part 1: Facebook Ticker and How the New News Feed Works

Part 2: Getting the Most Out of Facebook Insights

Part 3: The One Thing That Marketers Need to Know About the New Facebook

Part 4: What is Facebook Timeline?

@NeilAndrewJames


SpyderLynk Social SnapTags Use 2D Bar Codes to Drive Facebook Likes

Posted by: Neil James // May 2nd, 2011

SpyderLynk Social SnapTags Use 2D Bar Codes to Drive Facebook Likes

The use of 2D barcodes in marketing is an application that’s still somewhat in its infancy. One of the more promising uses of this technology has been in print ads – particularly magazine ads. The inclusion of QR codes, Jagtags and the like have allowed advertisers to add an element of interactivity to their print campaigns. New technology from SpyderLynk, as reported by Nat Ives in a new article for Ad Age, is allowing readers to “like” advertisers on Facebook and receive special offers all via barcode technology. SpyderLynk’s Social SnapTags will make their debut in September’s issue of Glamour. In addition to promoting brands, the SnapTags will allow readers to “like” specific Glamour articles on Facebook, promoting the content to their network of friends.

@NeilAndrewJames


Your Facebook Posts Have 80 Minutes to Make an Impact

Posted by: Neil James // April 29th, 2011

Your Facebook Posts Have 80 Minutes to Make an Impact

Marketers and publishers frequently bury their heads in the depths of their editorial calendar, scrambling for how they will meet the content needs of the day. As a result, most strategy addresses what gets posted with scant attention dedicated to when, which is a shame. Determining the exact moment to pull the trigger on that carefully worded post is not a decision without consequence — a topic analyzed in greater detail by Cynthia Boris in an article for Marketing Pilgrim, Half Life of a Facebook Post.

Boris cites new research from social media toolbar provider, Visibli, which found that Facebook posts get half of their engagement in the first 80 minutes. After 22 hours, for all intents and purposes, a Facebook post has fully receded into the digital ether. This presents a delicate challenge for marketers, who must straddle the line between ensuring maximum exposure of messaging and turning off fans and followers.


Does Social Media Marketing Increasingly Mean Facebook Marketing?

Posted by: Neil James // March 21st, 2011

Does Social Media Marketing Increasingly Mean Facebook Marketing

One of the primary challenges of social media marketing has been choosing the appropriate venue. Should your brand have a presence on Twitter? Flickr? Blogs? Delicious? But new findings by eMarketer, as chronicled in Facebook Reaches Majority of Web Users, finds that half of all Internet users logged into Facebook at least monthly. In addition, eMarketer predicts that over half of the U.S. population will be on Facebook by 2013! When you consider that according to Comscore, Twitter traffic has remained essentially flat and traffic to other major social networks has either flattened out or is declining, an interesting question is raised: will social media marketing in the future be synonymous with Facebook marketing?

@NeilAndrewJames


Influence Metrics Separate Eyeball Quality From Eyeball Quantity

Posted by: Neil James // March 17th, 2011

How Influence Metrics Separate Eyeball Quality From Eyeball Quantity

What’s more valuable to an advertiser: one person who reads Vogue cover to cover or five people who casually glance through it in the doctor’s office? For publishers, the difference between the engaged and casual eyeball has been non-existent; an impression is an impression. But as Greg Shove reports in a new article for Ad Age, How New Influence Metrics Will Make It Harder For Traditional Web Publishers to Survive, new metrics designed to measure online influence such as Klout, PeerIndex and UberVU are allowing advertisers to ascertain the quality of eyeballs being sold by online publishers. Media buyers are taking notice, Shove reports, as these metrics are finding that traditional, monolithic entities are not delivering the same quality of reader as their smaller, independent counterparts. Shove cites a recent article detailing Marc Jacobs’ new handbag launch attracting only three comments on Vogue.com, but 125 comments on Fashionista.com, a site with half the users!

@NeilAndrewJames