Stature Software

Posts Tagged ‘fan pages’

What’s a Facebook Business Page Worth to Consumers?

November 4th, 2010 by Erin Posted in Business, Small Business | No Comments »

I have a friend who on Facebook recently has becoming a fan of every product under the sun – Renuzit, Ronzoni, Ziplock, Folgers, ect.

I’ve been seeing these products she is a fan of – because each and every one gets prominently displayed in my home feed –  and I think… really? This woman is really telling all of her friends which air freshener product she likes? Who flippin’ cares?

I certainly don’t. In fact, I think it’s annoying.

Coincidentally a new study was just released last week that addresses this very topic: Why consumers fan Facebook pages.

The report, conducted by ExactTarget and CoTweet, found that discounts and “social badging” were the primary reasons consumers “like” brands on Facebook.

Nearly 40% of Facebook users who become fans do so to receive discounts and promotions and 39% become fans to show their support for a brand to their friends.

Some other interesting findings from the study include:

- 43% of the Facebook users surveyed said they “like”, or are fans of, at least one brand on Facebook.

- 34% of Facebook users say they “like” brands in order to stay informed about company activities or to get updates on future products.

- 17% say they’re more likely to buy after liking that brand on Facebook.

Sure, Facebook is a dynamic way for brands to mobilize their fans and get introduced to even more fans – but what are those business Fan Pages really worth to consumers besides a social badge?

The answer: Absolutely nothing, unless something is in it for them.

Turns out my friend who was liking all of those products only did it for the coupon incentives the companies sent her after she became a fan of their pages. But, the brands’ marketing plans backfired, in my opinion. Sure, they got my friend’s “like” of approval – but her friends are now giving these products a BIG DISLIKE because of the sheer annoyance of seeing them on their main Facebook feeds.

This whole incentive stuff is for the birds. I say brands should stay organic. Let people come to them because they truly like their services or products. If they don’t – and continue to offer these stupid discounts – they’ll end up shooting themselves in the proverbial left foot, because you know why?

All of those fans who were lured in aren’t going to stick around. They’re not loyal. They are fair feather – just like my friend. She has “un-liked” every one of those products.

 Tags: brands on facebook, facebook business pages, facebook pages, fan pages, social badging, social media

Why Your Small Business Should Be on Facebook

July 20th, 2010 by Erin Posted in Business, Small Business | No Comments »

The land of status updates, Fan Pages and Farmville is even bigger than any of us ever imagined.

In some parts of the world, Facebook is more popular than search engines. That’s right, Facebook is bigger than Google!

That means, if you’ve ever had any doubt about what Facebook can do for your small business – it’s time to give the social network another look.

Here’s why.

According to the analysts at Hitwise, Facebook’s overall web traffic pulled ahead of Google’s for the first time in the U.S. in March of this year. They also found that people in the UK are visiting social networks more than they’re visiting search engines.

When compared to the Web as a whole, Google gets around 9.3% of all web traffic, while Facebook captures just over 7%. BUT, in the UK, Hitwise stats show that social networking sites accounted for .55% MORE traffic than search engines. An unprecedented finding.

Check out the graph below. Long term stats from Alexa show global page views for Facebook and Google are neck-and-neck.

What does this mean for you?

It means that not only are people using Facebook to socialize and network, but they’re using it to FIND CONTENT and LEARN about it.

Facebook’s “like” feature is a brilliant way to spread the word about businesses, products, and services. And, quite frankly, if no one “likes” you on Facebook – you’re out of the game.

Search engines are by no means on their way out. But, just like Facebook, they’re morphing into something different… something bigger. Both entities will probably look very different – again – in another five years. Until then, do yourself and your business a favor, and join the fray on Facebook. Set up a Fan Page and get yourself seen.

These stats speak volumes about what’s to come.

 Tags: facebook business, facebook google, facebook stats, fan pages, hitwise