To delve into paid advertising a
business has to identify; Target audience based on (age, gender, interest),
Duration the Ad will run, Location, Budget and a Goal it intends to achieve.
The goals can include; drive traffic to their website, an increase visitor/walk-ins,
grow following, generate leads, increase sales. Below is a break-down of how
you can go about it based on the platform of your choice.
Facebook/Instagram
Suitable for both Business to Business
marketing & Business to Customer marketing. Ensure your Instagram account
is a business profile and is connected to the Facebook page. Once you set up Ad
on Facebook it runs simultaneously on Instagram. You can choose to boost your
page or boost a particular post. The boosting option allows you to include; no.
of days Ad should run, audience, interest, location. Alternatively use FacebookAd Manager (a mobile app is available as well). On Ad Manager the Ad runs for a
minimum of 7 days and guarantees better results through wider placement
options, specific objectives, easy tracking in the instance of ecommerce where
landing page is a website through use of Facebook pixel, wider audience option
(look-alike-audience & custom audience). Your Ad will be placed; Facebook/Instagram
stories, Facebook/Instagram feed, messenger.
Twitter
Suitable for both Business to Business
marketing & Business to Customer marketing. You can promote a tweet with
the aim of engagement/conversion or an account with the aim of growing your
following (not recommended). Your Ad will be placed; Twitter feed.
LinkedIn
Use of the platform is particularly
suitable for Business to Business marketing and aids greatly in lead
generation. Your Ad will be placed; LinkedIn feed.
You can also consider use of Google
AdWords its affordable and you get a variety of options of Ad placements.
For measurable results one needs to keep
checking the Ad’s performance to take note of key elements; which days of the
month/time of the day results into high engagement. Test out different periods
to know when your Ad performs best. It’s also important to take note how much
you spend to be able to determine if you should increase the amount/ reduce the
amount or keep the amount the same. Through the money allocated for Ads you
should also be able to take note of the conversions thus understand your return
on ad spend (ROAS)
Paid Ads are not necessary for all
brands however it’s an approach that can aid with brand awareness for a startup
with a tight budget.
Thank you for taking the time to read.
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