E-Commerce Sales – Can Facebook Marketing Really Deliver that?
In terms of the world’s total population, more than 22% of people on the planet use Facebook with some level of frequency.
The point is, Facebook is a massive traffic monster. You really cannot afford to miss out on Facebook and its marketing potential.
If this wasn’t impressive enough, wait, it gets even more mind blowing. Once people log into Facebook, the system principally keeps tight surveillance on them. And the crazy thing is that this is all done with their permission.
When you sign up for Facebook, there is a user license agreement that you must accord to. Unless you read the fine print, you wouldn’t become fully aware that once you sign in, every like, comment, share, as well as pages that you liked and even ads that you clicked, will be monitored by Facebook.
It’s as if by watching your behavior, Facebook can make educated guesses as to what your interests are and can then show you advertising that fits those interests. Sounds pretty fair, right?
Well, this extends across the board. That’s right, every group you join as well as interactions on Messenger are monitored, tracked and targeted by Facebook.
This is not lightweight targeting, mind you. When it comes to fine laser targeting of demographic groups based on individual user behavior, nothing even comes close to Facebook.
As awesome as these traffic statistics, advertising technologies, and promotion potential may be, I’ve got some bad news to report. Too many businesses still fail to fully leverage Facebook.
One of the biggest misconceptions about Facebook’s marketing potential turns on whether Facebook can be a good source of traffic that actually buys stuff from online stores. For every positive story you hear of merchants killing it with Facebook traffic, you’d probably hear dozens more merchants who are frustrated with Facebook.
They really cannot make heads or tails of Facebook’s traffic, as far as their e-commerce sales are concerned. They’re drawing a blank. They just cannot, for the life of them, convert a heavy volume of traffic from the social network into actual buyers of products.
The bottom line is that there are many horror stories of low e-commerce conversions. I’m not saying that there are absolutely no conversions at all. Nobody can make that claim.
But the problem is, you cannot run a successful online store with a few sales here and there. You need some sort of stability. You need some sort of increasing or at least, a stable predictable conversion rate. You need some sort of minimum baseline of predictable conversions.
The reason why a lot of people have these horror stories is because they focus on the direct sale. They think that if they post an ad on Facebook selling some sort of trinket and if they show it to enough eyeballs, that people would buy.
That is a common misconception about Facebook and this can get really expensive very quickly. It really can. This pretty much makes up the bulk of low e-commerce conversion horror stories involving Facebook. They’re all about a direct ad that fails to generate that direct sale.
The truth about Facebook e-commerce conversion rates
Here’s the good news. Facebook can deliver e-commerce sales. However, often times, it’s not in the form that you would like. Seriously. You have to be more creative. How does this work? Well, Facebook traffic can convert if you retarget.
In other words, people who have found your website on their own and who have gone to internal pages might have a Facebook account. The next time they log on into their Facebook account at the same time you’re running a retargeting campaign, your ads will be visible to them. Your ads will remind them to go back to your shopping cart, or to your website. This has been proven to increase ROI.
Facebook can also deliver e-commerce sales through squeeze page marketing. In other words, you use Facebook to recruit people to your mailing list. It’s actually your mailing list that’s doing the heavy-lifting, as far as selling stuff to your list members go.
Another way Facebook can deliver e-commerce results through your business is through a Facebook page boost. Basically, you create a Facebook page and you target lookalike audiences based on the interest of people who already like your page.
Then, you send out content. Using this content, you can profile the interests of the typical high-engagement members of your page. Once you get this very important piece of consumer intelligence, you can then run lookalike audience campaign on Facebook targeting people with those same interests.
The idea being: if you know the interest of the person who actually buys from you and you advertise to another person with the exact same set of interests, the chance of that second person buying is much higher than a complete and total stranger.
The bottom line? Yes. Facebook can deliver e-commerce sales, but you have to use its tools the right way. You can’t just go in there, advertise an affiliate link, or a direct link to your Shopify store, or a direct link to your product, and expect a sale. It doesn’t work that way. Sure, you can convert every once in a while, but chances are you’re not going to get the results you’re looking for. You have to use it using the techniques outlined above.