I've spend quite a bit of money on facebook ads for various of my own businesses & clients & I've basically stopped everything for a few reasons. I can't rationalize playing FB's game anymore. With the recent decrease in page reach, you're basically paying double time for FB. Once to "get" the fans and then again to "reach" them. Sure, we saw an increase in site activity, but it was debatable whether or not that actu…
How can it be debatable? Either your sales increased, or they did not increase. If your page views went up but your conversion rate dropped by the same amount, that would be worthless traffic. This is an honest question as why should we believe anything you say if you're not even doing the basic maths? Did you measure anything?
I would assume these individuals know very little about advertising. This is unfortunate because it masks valid criticism about Facebook's platform.
The Facebook "game" is to purchase likes, and then use that as a base to target advertising. At minimum it acts as a filter so that your advertising is reaching people who are active Facebook users (they click like), if done correctly they are both active and have some passion for the topic they are "liking."
One of my friends is a consultant who has done extensive work with Facebook advertising and has to clean up accounts that are basically fucked because a previous employee/vendor/consultant purchased a bunch of un-targeted foreign likes. Once those off topic likes are purchased (someone in Pakistan "liking" Las Vegas) the subsequent ad campaign is ruined.
If you bother to measure your ROI you can make a logical choice as to whether Facebook makes any sense at all to advertise on. Perhaps the ROI is negative, but close to breaking even. You can then take a very tactical approach not just your Facebook campaign, but your site or app, to tailor to those Facebook visits, and get a positive ROI.
Some markets are so competitive, or peculiar, you just will not get a positive ROI. That is not a Facebook unique issue. It applies to all channels.
The discussion so far is one of, this makes me angry, and this doesn't make sense, completely devoid of a analytical approach to the issue. Whether or not I want to personally use Facebook is another matter.