What works on Facebook
As Facebook comes closer to going IPO (or as the rumors say closure itself!), one thing is clear that both businesses and people alike keep on forgetting the fact that when it comes to business and marketing there is no “one size fits all” solution. Yes, Facebook has done a whole lot (well much more than a “whole lot”) in connecting people and truly open the channels innovation when it comes to giving a more social aspect to the World Wide Web, it still is not a perfect solution. In this article we will cover what really works well on Facebook. Our intention is to help the reader and not get overly fascinated about Facebook. Yes it’s good, but it’s not good for “everything”!
Informal is the new “formal”
Facebook is excellent in initiating small informal product reviews and get genuine feedback about your products and services. If done in a controlled and very well moderated manner, it can help you get in touch with not only your customers but your customers’ friends! and that’s the beauty of it. The key is not only in having a “company webpage” on Facebook, but also have all your marketing and sales executives create a professional version of their portfolio on facebook. People associate with people much more than they associate with a “company”. For example, if Tom works at Coca Cola, Tom’s friends would be more interested in giving him some feedback about Coca Cola’s new Advertisement they saw on TV than directly going on Coca Cola’s site and commenting over there.
“Advertising” is the last thing you should do
Facebook is all about “word of mouth” and not “word on the billboard”. Furthermore, you’ll soon realize that “google like ppc advertising” will turn out to be just overly expensive on Facebook. The reason is simple. People come on Facebook to talk with their friends and not to listen to marketing presentations. They are not interested in hearing what you are good at; but they are there to listen to their friends and if their friends liked what you sell, then in fact they might try it too even if they don’t want too! For example, imagine that you are selling custom T-shirts. The best way to spread out a viral news about your promotion will be to spread it through your friends instead of advertising. Avoid paid advertising on Facebook; there are far better and cost effective ways to spend money if you have to.
Use it to listen not to tell
Facebook is a great platform when it comes to listening to what your customers are talking about. Not only your customers, but your prospects; people who are using your competitors products and so on. It can be far valuable source for you to be able to learn what your competitors are doing and thinking than trying to push more of your own ideas over to your followers. Imagine trying to do this same thing “the traditional way”. You’ll have to set up seminar, perhaps join a committee and even then it’ll be really hard to bring in all your competitors to that forum. However with Facebook it will be very natural and transparent.
So what’s next? We believe, most certainly you’ll have a Facebook business page already. Go ahead and ask your staff to be more interactive and make use of Facebook to spread and share information. Use your company page more of like a billboard and nothing more than that. The more “friends” you can make, the more successful you’ll be; and the age old statement “friends cannot be bought” still holds true in this era of Web 2.0!
January 11, 2011 at 9:00 am Comments (0)










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