Paid Social? Why is it important?

Paid Social? Why is it important?

What is social media?

Social media is a computer-based technology that facilitates sharing of ideas, thoughts, and information by building virtual networks and communities. This can also be any digital tool that allows users to create and share content with the public quickly. There are many different types of social media; they are often changing quite often. Some of the social media that were used in the past may not be used currently. And there are more coming out all the time.

What is paid social media?

Paid social refers to anything on social media that’s influenced by advertising dollars. In other words, advertisements or sponsored posts that brands pay a social network to display to audiences beyond their followers.

Why should business invest in paid social?

  • Amplify Your Reach:?Using social media for advertising, you give your brand instant visibility. Paid ads are guaranteed a place in the user’s feed. Despite the noise of the larger social platform, this gives you a direct window that drives leads, website traffic, and sales.
  • Fit Any Budget:?Paid social media advertising is a cost-effective way to promote your business. Each of the different social media platforms uses the pay-per-click (PPC) method. With this method, you must only pay if the users take a specific action that the business has decided. With this type of model, you can better engage in niche markets at a discount rate.
  • Enhance Your Targeting:??Paid advertising on social media gives you complete control over who sees that ad you are producing. By using different social media ads for a specific target, you can go beyond basic user demographics. You can choose to form psychographic factors such as interests, hobbies, personality type, and much more to leverage these various targeting options of social media to hook the attention of protentional leads, which leads throughout the marketing funnel.
  • Boost Brand Awareness:?If you constantly see the same brand in your feed on various social media platforms, you will start to recognize those brands. Recognizing these brands also enhances your creditability, plus this will drive engagement and purchasing behavior.
  • Maximize Your Content Marketing:?Using social media is the best way to be able to distribute content. Providing educational content to your followers then these later may lead to qualified leads. Ads for content will help drive potential customers into the marketing funnel, but also it will hold drive traffic to your website, and it will help you boost engagement on your social media pages.
  • Access Mobile Users Anytime:?With most people checking social media on their phones, with social media ads, you potentially have the opportunity for your ad to be seen every time someone is looking at their phone. The most effective ads emulate that of organic content of their native platform. This is so that customers think your ad is just another form of content in their feed, not an ad.

Types of Audiences within Facebook Ads?

  • Core Audience:?Define your audience for smarter and ad targeting. Core audiences are rules that are set for where your ads are delivered. You can adjust that target to focus on by selecting specific locations, demographics, interests, behavior, or connections. When selecting these different factors, you can be as broad or as defined as you would like.
  • Custom Audience:??These are the people who already know your business. This allows you to connect with people who already have some interest in your business, whether loyal customers or people who have used your ad or visited your website. Some of the categories in this section to help you define these individuals are contact lists, site visitors, or app users.
  • Lookalike Audience:?You can reach new people who are similar to the current customers that you have. This is a fast and effective way to connect with people likely to respond to the ads that you have. For this type of audience, you create a source audience of people you know is your audience, then you reach those with common interests as your current audience.

Using Facebook Ads

Facebook Ads offers advertising solutions for every level of experience. To use Facebook Ads, you do not have to be an expert to get started using Facebook Ads. You can create and run an ad campaign using the same tool that Facebook has created. With this tool, you can track the performance of your ad in an easy-to-read report. With nearly two billion people using Facebook every month, you will find the kind of audience you want. When you want to create a Facebook Ad, there are a few steps that you have to go through, and those are:

1.?????Choose your objective

2.?????Select your audience

3.?????Decide where to run your ad

4.?????Set your budget

5.?????Pick a format

6.?????Place your order

7.?????Measure and manage your ad

By using the tool that Facebook has created, you can make one ad and show it everywhere. With a few clicks in the tool, you can run the ad you have created across Facebook, Instagram, Audience Network, and Messenger. With the creation of this one ad, you can reach people on their favorite apps and websites.

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