It should go without saying that, if you’re a company competing in social media, offering your audience incentives is the way to go. However, it’s surprising that so few brands using social media actually take full advantage of a site’s features. Facebook Promotions, for example, offers a wide range of options one can use in order to bring in the business, but many companies simply overlook them.

One of the best features of Facebook Promotions isn’t a single feature per se but rather the option to put a wide range of apps on your page. With the right third-party software and a little creativity, you can easily create an attractive, enticing promotion to increase your fan base and to boost your brand’s profile.

But there are some factors you should be aware of before creating a promotion. Unless your Internet marketing game is great all around, able to attract a large base, then even the best promotions aren’t going to have the effect you’re hoping for. It’s a numbers game in part that you should privy to.

Understanding the Numbers Game

The brands on Facebook that do the best with their promotions usually already have established fan bases and have an ample number of  followers. The more fans a brand has, the more likely it is that a great coupon from a promotion will be shared with members of their network. So to that end, the numbers do play a large role. However, even smaller brands can have ample success as long as they put the time and effort into actually getting things right.

A proper promotion is a process. You can’t simply throw an app together sloppily offering a few percentage points off and hope to attract business. And that’s not even dealing with the fact that Facebook has a lot of rules out there that need to be adhered to.

Running a winning promotion requires:

1. Reading, understanding and following Facebook’s promotional guidelines
2. Selecting the right third-party software to create the application
3. Targeting customers through a promotion with the same detail they’re targeted for products; i.e. catering to a niche’s need with a solution
4. Creating an offer that’s enticing enough to not only get those likely to be interested to click-through and participate in the promotion, but also making it enticing enough to share
5. Keeping your promotions sporadic and exclusive in order to give a true “sale” feeling to your company
6. Ensuring that the promotion you’re running is very representative of your brand

When it comes to promotions, you can select from simple discounts and coupons, prizes and sweepstakes, or you can even hold trivia contests, photo and video-based contests, and much more. It all depends on how creative you are.

You just cannot expect a promotion to be that miracle conversion-inducing step. You have to remain realistic; and realistically speaking, you should be able to see a spike in conversions if you’re offering an enticing promotion that meets the needs of your fan base. You should also see your numbers grow slowly as more people start to share your promotions with others. It will help build trust and engagement with your brand.

Why Brands Should Choose Facebook

So out of every social network you could choose from, why choose Facebook? Is it only because of the promotions you’ll be able to host from the site? Well, that’s certainly one of the reasons, but it’s far from the only reason to focus on this social networking giant.

You have to understand that Facebook is far and away the biggest and most popular social media site out there: a billion users, and they’re growing more every single day. The site also offers a mobile version of Facebook, which is great for your marketing efforts.

Facebook can act as the hub for all social media for your brand. By advertising on Facebook, you can post a wide range of promotional material, you can interweave your entire Internet presence, and compared to traditional advertising methods, social media marketing is a very low-cost way to get your message out there.

Even if you only wanted to use Facebook to hold promotions, it would still be worth it. But with so many great features on the site, you can build up a thorough following and leverage promotions in order to up your conversion rates significantly.

Author’s bio:

Eric Taylor works as a freelance writer and business developer for a Facebook ad tool – Qwaya. The company’s goal it to provide extensive information, tools and up-to-date news about social media marketing strategies, most specifically in Facebook. (BTW, The Sherwood Group posted this article because it offers good information and ideas for the business community, not because we were paid to include it. 😉

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This article is published by Will Sherwood | The Sherwood Group |Website Design | Graphic Design | Marketing Communications: The Sherwood Group has over 30 years of experience working with all sorts of companies, small and large. Our clients range from entrepreneurs to Fortune 500 firms, in nearly every business sector, from across the street to around the world (and yes, even Europe, China, and South America). Our goal is to create advertising,  graphic design, website design, and marketing communication that still looks fresh and relevant 10-15 years later. Our mission is to stir your imagination and leave your competition shaken and wondering,  Now what do we do?”  We are located in Myrtle Beach, South Carolina.

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