13/07/2022
Three Reasons You Should Be Advertising On Social Media In 2022
1. Hyper-Target Customers
Did you know there are 1.452 billion active users on Instagram and TikTok has over 1.39 billion monthly active users, with 1.8 billion predicted by the end of 2022? There are so many business owners wondering how to reach more potential clients yet not leveraging social media advertising power. One of the main reasons social media marketing is so effective is that brands can hyper-target ideal clients based on exact demographics, interests etc. Showing ads to the right individuals is a critical part of the marketing process and must be taken seriously to avoid wasted ad spend.
At our agency, we target users based on age, gender, location, interests, behaviors, website visitors, email lists and more. This data is made available to us as advertisers when we publish campaigns and allows us to use more context in our marketing campaigns to make sure we're showing relevant information to relevant people.
2. Build Audiences
On top of being able to target specific audiences directly with your marketing, you can then save this data and use it for future campaigns. Building both a social audience and a landing page audience is critical to creating consistent and future success from your marketing efforts by leveraging historical data.
3. Track ROI
Another key tool for marketers that comes from social media advertising is the ability to directly track return on investment from your marketing campaigns. For example, on Facebook, this information is built directly into its Ads Manager platform, making it possible to view your budget's performance and analyze return on ad spend (ROAS), cost per website purchase, cost per lead and much more at a quick glance. This is huge for advertisers because you can directly track how your ad spend is performing, making it possible to cut undesirable campaigns and scale well-performing campaigns to bringing even more results.
When done right, the name of the game is a small ad spend and large sales return. At our agency, we are constantly tracking performance across our ad campaigns and ensuring that our cost per result is as low as possible. The typical return on ad spend in our agency is between 4x and 20x.
So there you have it: three solid reasons advertising on social media is important. If you're interested in scaling your business - you can schedule free strategy call with our founder - Alexey, by clicking the link below https://bilkomedia.com/demo-call/