Traditional Business Isn’t Happening on Facebook

When Facebook released their pages service at the end of last year, they hoped that small businesses would take advantage of the new service. Facebook Pages is tightly integrated into their SocialAds offering and the only way to promote these pages is through “organic” viral channels and paid advertising. Unfortunately for Facebook the numbers don’t stack up and the company is increasingly looking like a media company, something that I’ve noticed since the platform launched almost one year ago.

Jesse Farmer has done some research to figured out what sort of distribution there is among pages and fans of those pages on Facebook. While not positive news for Facebook, the results were not surprising. Musicians and TV Shows accounted for 65 percent of all pages. These two categories also account for approximately 10 percent of the fans. Where were the rest of the fans? Aside from TV Shows and musicians, there were fans of films, politicians, actors, comedians, sports teams and sports players.

Where did small businesses show up in this data? Not among the top, I’ll say that much. The problem with Facebook is that it’s too expensive for small businesses to see an effective return on investment when launching campaigns. While you can create a page on Facebook for a local restaurant, it’s typically difficult to promote it. The other problem? People aren’t searching for local businesses.

Barack Obama is the most popular page on Facebook by a landslide with over 844,000 supporters. Apple, Victoria Secret, Nutella and H&M are the top consumer products on the site. Additionally, out of 190,365 pages there are only 7,000 pages with over 1,000 fans. That means we have already seen a substantial long tail developed among facebook pages. If you are hoping to obtain a substantial number of users, you better have a large brand name or a budget to spend on promoting your page.

Want to become successful with your Facebook promotions? Focus on media, entertainment and sports and you are headed in the right direction.

 



Recommended Articles


Inside Social Apps 2012 is Less Than Two Weeks Away

Inside Social Apps, held on February 8-9 in San Francisco, is less than two weeks away. This is the third conference on the future of monetization on social and mobile platforms. Leaders from the industry will share their views on today's most formidable challenges affecting social and mobile apps and games in 2012. Inside Social Apps conferences sell out in advance, so take advantage of early registration pricing. Early bird rates end on February 1, so register today.

2 Comments »

  1. I think another thing to remember is that you really have to have a catchy ad to attract users on Facebook (if you're using SocialAds to promote your page). Most people on there aren't just not searching for local businesses; they're not searching for any businesses. It's not where people in the shopping mentality typically go. Is this what you've found as well?

    Comment by Jason Peck — May 21, 2008 @ 4:05 pm

  2. I think another thing to remember is that you really have to have a catchy ad to attract users on Facebook (if you're using SocialAds to promote your page). Most people on there aren't just not searching for local businesses; they're not searching for any businesses. It's not where people in the shopping mentality typically go. Is this what you've found as well?

    Comment by Jason Peck — May 21, 2008 @ 7:05 pm

RSS feed for comments on this post. TrackBack URL

Leave a comment

Send us a Tip

tips@allfacebook.com
[Inside Social Apps 2012]
[AllFacebook Stats: Facebook Analytics for Your Business]
[How can Facebook change your business?]

Upcoming Events

Inside Social Apps

February 8-9, 2012 | San Francisco

Inside Social Apps

Developing & monetizing on social & mobile platforms

Social Gaming Summit

23-24 May, 2012 | Berlin

Social Gaming Summit

Where Gaming Meets the Social Web

AllFacebook Marketing Conference

June 28-29, 2012 | San Francisco

AllFacebook Marketing Conference

Your how-to guide for Facebook marketing.