Call 800-335-0520     Sign In

Fanminder Blog

New Study Shows Facebook Is Effective Marketing

By Anthony on February 26th, 2010

For those who have used Facebook you don’t need the survey results to tell you how effective Facebook is for marketing, but a new survey shows that is very effective.

Particularly encouraging is the following paragraph below from the survey:

“The fact that only about 5 percent of the firm’s 13,000 customers became Facebook fans within three months indicates that Facebook fan pages may work best as niche marketing programs targeted to customers who regularly use Facebook. Social-media marketing must be employed judiciously with other types of marketing programs.”

Five percent is nothing to sneeze at. That’s 650 new Facebook fans in three months. For some small businesses, that would be fantastic growth. And 650 new fans could lead to a few good sales. Just a 1% conversion rate on that would be about 2 new sales a monthwith zero expense. If your average sale is $100 then you have a $200 return on investment per month.

The size of the numbers don’t matter. Some will be larger and some will be smaller. The fact is, Facebook fan pages can be effective marketing. Even if effective as niche marketing programs, which can often be more effective marketing programs anyway, Facebook fan pages work. The evidence is in.

View Article Source.


No Comments so far ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment