Facebook Advertising: Is It Money Your Business Should Spend?

In 2014 Facebook Advertising Will Be A Necessity If You Want More Reach

Facebook statistics show organic reach for your Business Page is dropping like a bowling ball off a high-rise. Facebook’s suggested solution is for your business to pay for Facebook advertising.

To be clear: Facebook is purposefully limiting the number of people who see your posts and suggesting you advertise with them so the people who already Like your page, have a better chance of seeing what you post.

A quick aside. Just to be fully transparent. You should know I was one of the lucky ones to participate in the Facebook IPO debacle. I am the proud owner of very few shares of Facebook stock that today is actually worth a little something. So, to be honest, I’d love it if all 1.2 billion people on Facebook bought advertising in 2014 so the value of my stock goes up.

Keep in mind; this isn’t the most recent news. In 2007 CEO Mark Zuckerberg announced, “The next hundred years will be different for advertising, and it starts today.” And then, in 2012 before the IPO we started to learn about “Facebook’s EdgeRank algorithm, designed to enhance users’ experience by putting only the relevant content in their news feeds.” And Facebook gets to determine what’s relevant to you!

Should Your Business Question Its Facebook Presence?

Here’s the way we see it. Businesses have created Facebook Pages en masse and they’ve paid to sponsor posts and bought advertising in order get more people to Like the Page. And now, business owners have to pay even more money just so the people who Like their Page can see their updates.

via