Social Media for Businesses Part 2: Facebook for Business

I am completing a three-part series on social media platforms for businesses with one blog for Twitter, Facebook, and Pinterest. Welcome to Part 2!

I will be highlighting the advantages and disadvantages of using Facebook based on my own experience; I do social media marketing for almost ten different companies, so I'll be sure to take the best of the best advice to pass on to you!

I'll start with the advantages that Facebook has for businesses:

1) It's easy to use: Facebook works hard to be user friendly; easy to post, easy to see your analytics, and easy to keep track of customer engagement. They also make business pages similar in format to personal pages so it will seem extra familiar to the regular Facebook user.

2) There is a large number of active users: According to Facebook's website, they have more than a billion monthly active users and 618 million daily active users (as of December 2012). This is a huge market to tap into and you don't want to miss out on it!

3) You can schedule content directly through Facebook: Facebook allows you to schedule posts directly through your business page. It lets you schedule posts up to five months out; posts can have links, pictures, videos, and text built right into them.

4) There are analytics built in: Facebook is constantly changing and updating their internal analytics to give you the best view of your business page as possible. It's very easy to see what kind of content or post does well and which does not.

5) It gives customers multiple ways to interact with you: People that like your page can send you messages, write on your wall, write recommendations, like your posts, share your posts, and comment on your posts. This is a large part of building your brand and gives customers an option of how they want to interact with you.

No social media platform is perfect though! Here are some disadvantages of Facebook for businesses:

1) It's difficult to gain and retain "likes" when first starting: Just like with any business as it starts out, a business facebook struggles to gain "likes" when first beginning (*without the use of promoted posts). A new facebook page will struggle with engagement and interaction as not all of your "likes" will see your posts. Once you gain a larger number of followers, you should see a steady increase of approximately 2-7% new "likes" per month (at least this is my experience).

2) It takes time and hard work to do it right: Although Facebook is free, you have to take into account time and effort spent into growing your Facebook "likes". On top of that, you must learn the difference between running a personal account and a business account.

3) Facebook limits who sees your posts: Not all of your "likes" will see every post. Most of my posts see an average of 30-70% of my total "likes" (Of course some get less and some get more). If you pay attention, you'll notice that Facebook limits certain types of posts (like pictures and certain links) to even fewer of your "likes".

4) Facebook lumps third party posts together and identifies where you post from: Yes you can schedule through Facebook directly, but in addition to that, you can post from many third party applications. These are convenient but can hurt the reach on your posts. Facebook may lump your posts together, may limit who sees posts from certain applications, and also identifies where you are posting from (i.e. Hootsuite, Gremln).

Even with its ups and downs, your business must have a Facebook page. With so many users waiting for you, you must not miss out! You have to use and manage it, but it can do wonders for building your brand and serving as a communication tool for your current and potential customers.

Does your business have a Facebook account? What are your favorite and least favorite aspects?

~Melissa

"Move fast and break things. If you aren't breaking things you aren't moving fast enough."

             ~Mark Zuckerberg, founder of Facebook

See Part 1: Twitter for Business here

Part 3 coming soon: Pinterest for Business

Social Media for Businesses Part 1: Twitter For Business

I will be doing a three-part series on social media platforms for businesses with one blog for Twitter, Facebook, and Pinterest. Welcome to Part 1!

I will be highlighting the advantages and disadvantages of using Twitter based on my own experience; I do social media marketing for almost ten different companies, so I'll be sure to take the best of the best advice to pass on to you!

I'll start with the advantages that Twitter has for businesses:

1) It's easy to gain followers: In my own experience, I see an average month to month growth of  Twitter followers between +5-20% for the business Twitter accounts. It's easy to gain followers because (usually) when you follow people, they'll follow you back! 

2) Twitter doesn't block your content: Twitter will post everything that you ask it to-whether it's 2 tweets per day or 200. Other social media platforms limit who sees your content based on what they want their users to see.

3) Twitter doesn't block third party post-scheduling apps: Twitter will allow you to post from any third party application (Such as HootSuite and Gremln); it will not block content, nor will it identify where the post is coming from. 

4) It makes you think about what you are going to say: Because tweets are limited to 140 characters, you really are forced to think about what you'll say and how you'll say it best. Messages must be concise and straight to the point-you don't risk boring your followers!

5) Following a brand on Twitter increases likelihood to purchase as well as recommend a brand: According to eMarketer, 37% of respondents are more likely to purchase from a brand after following them on Twitter (this is compared to only 17% that say the same about a brand they like on Facebook). Numbers are about the same when asked if they would recommend a brand.

6) Hashtags make it easy to use Twitter like Google: When using hashtags in tweets, you are making it easier for users to find your content. They can use the search bar to look for words like "marketing" or "twitter" and Twitter will pull up every tweet that has mentioned this word via hashtag for the past forever. This is an added way that new followers can find you and discover your content quickly and easily.

Of course, no social media platform is perfect. Here are what I would call disadvantages about using Twitter for businesses:

1) The half-life of a tweet is only two to three hours: Not only do you have to provide excellent and engaging content all the time; you must be careful about when you post your tweets! After just a few hours, the odds of a user seeing a tweet are minimal. It also means you need to post quite a few times each day to get your content in front of your followers.

2) It's really hard to respond to complaints in a small amount of characters: If a customer provides a long and confusing tweet complaint, you may have to tweet back and forth several times to ask all of the questions you need to. The character limit may also make your tweets sound cold or "canned", which may upset the user further.

3) Customers expect an instant response: Because Twitter is such an instant platform (many users use it as an instant news source), customers have very high expectations of response rates. I've had a user tweet back within just a few hours that they were disappointed that I "never" got back to them. This can, however, be turned into a positive if you have a great social media manager that is on top of responding to tweets coming in.

4) There aren't any analytics built in to Twitter: Yes, there are third party programs that will create analytics for you, but you have to find which one will work for you. Other social media platforms offer analytics for managers within the platform itself for extra convenience.

5) The larger your follower number becomes, the more difficult it is to manage: This is a good problem to have-people like to hear what you have to say-but it makes responding to questions and tweets that come in extremely difficult. This can make engaging with your customers via Twitter tricky.

I believe that no matter how large or how small your business is, you should have a Twitter account! Yes it does take work to do it right, but it can be a great platform to expand the reach of your business and communicate your message with your customers.

Does your business have a Twitter account? What are the advantages and disadvantages you've run into?

See you for Part 2 and Part 3!

~Melissa

Follow me on Twitter: https://twitter.com/MOpitzMarketing

“Twitter represents a collective collaboration that manifests our ability to unconsciously connect kindred voices through the experiences that move us. As such, Twitter is a human seismograph.” – Brian Solis, Principal of FutureWorks