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When Is Paying For Engagement Worth It?

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When Is Paying For Engagement Worth It?


Before Facebook Ads introduced its ad platform, brands had to rely on growing their social following organically.

In 2022, Facebook (and its sister platform, Instagram) has become a pay-to-play market. You may be struggling to reach a wider audience without paying for visibility via ads.

Whether you’re starting a new company or are a well-established brand, you may need to consider paying for engagement through social platforms.

But how do you know when it’s worth the spend?

New Brands & Facebook Engagement

Every company must start somewhere with social media. If you’re a new brand, you may be under pressure to grow – and quickly.

How do you do that without a following?

You may hope to create viral-worthy content, but relying on this tactic alone for growth is not realistic for most.

We now know that organic engagement for page posts can range anywhere from 0.05% to 0.29%, according to We Are Social. With those abysmally low rates, you’re going to be hard-pressed to get eyes on your social content even with a large following.

So, when is it worth paying for engagement?

A few examples of why you should pay for engagement include:

  • To build a new audience and following quickly.
  • Amplifying content among your existing audience (if any at all).
  • You want to have the ability to create remarketing strategies from Engagement.

If you have the budget available, paying for engagement can be a cost-effective way to gain awareness instead of choosing the “Sales” or “Traffic” objectives.

Is your marketing budget too tight right now? You do have free options available.

Facebook has an “Invite to Follow” feature for pages. This is a free way to get additional page engagement.

The Invite to Follow feature does come with limitations, however.

One of the downsides is that you are only able to invite 200 friends per day. This means you have to choose personal friends to like the page, and they may not be your target audience.

This tactic probably isn’t relevant for brands wanting to reach the national level instead of small-to-medium-sized businesses.

Existing Brands & Facebook Engagement

Think you don’t have to pay for exposure if your brand already has a large following?

Think again.

As mentioned earlier in this article, organic reach to existing followers is minimal. What does that mean?

Your followers that you worked so hard to gain are likely not seeing your content!

For well-established brands, your reasons for paying for engagement may differ from up-and-coming brands. Some of these reasons may include:

  • Expanding your organic reach.
  • Exposing your posts to your audiences’ extended network.
  • Teaching or inspiring your audience.

Facebook users are not looking for sales pitches everywhere they turn. However, this is sadly the case for many individuals.

By focusing less on capturing the end sale of a user, you will already stand out from your competitors.

Showing that you have a consistent presence on social media platforms allows your audience to relate to you. The more users relate to brands, the more loyal they are to them.

Choosing The Engagement Objective

Now that you know why paid Facebook engagement is important, let’s dig into how to set up engagement campaigns.

Facebook has recently simplified its campaign objectives.

If you’re looking to build a following and social media strategy, choosing the “Engagement” objective may be worth it.

Screenshot taken by author, February 2022

Now, the campaign objective is only one piece of the puzzle. What’s more important is the content you are creating and amplifying.

In past experience, video content typically has lower costs per engagement, compared to static images or clickable links.

Why is that?

If you take a step back and think about where you’re reaching users, they are on a social media platform. They are there to engage with content from their friends, family, and brands.

Facebook does not like users to abandon their platform. Typically, standard static content with clickable links does just that – meaning Facebook is going to charge a premium for that type of content.

No wonder your promotional-only posts aren’t working for you!

By focusing on what truly matters to your users, whether it be a useful tip or tool or the mission behind your brand, try to focus on video-form content for the lowest cost per engagement.

Paid Facebook Engagement Strategies

We now know what type of content is the least expensive, so let’s take a look at a few ways to get you the most engagement for your budget.

1. Start With A Broad Audience

You may be prone to target who you think is your target audience right away. Narrowed audiences typically have higher costs associated with them, however.

By starting with a broad audience, you can then narrow down your audience based on the engagement metrics of your ads.

2. Create Remarketing Audiences

The beauty of engagement ads is that you can segment users further based on how they engage with you.

For example, your first campaign is targeting a broad audience with a video ad. From there, you can create remarketing audiences on engagement such as:

  • Percentage of video watched.
  • Likes, comments, shares, saves.

This engagement tactic will allow you to reach a wide audience at scale, and then reintroduce engaged users to your brand in a cost-effective way.

3. Don’t Use Promotional-Only Posts

If you’re starting with a cold audience, do not spam them with promotional posts.

They don’t know enough about you or your products to want to click on your ads, let alone make a purchase!

Instead, save promotional posts for your loyal customers or a warm remarketing audience.

Additionally, keep promotions to a minimum if you’re able. If your only competitive point is your pricing, you may end up devaluing your brand unintentionally.

Unpaid Engagement Tactics

At some point, your brand will likely dabble into paid engagement ads. However, there are many ways that you can engage with your Facebook audience that does not come in the form of ads.

Some of these non-paid tactics can include:

  • Responding to users in comments or direct messages (DMs).
  • Asking questions in your posts to encourage engagement.
  • Keeping posts short and sweet.
  • Posting interesting, relevant content consistently.

Summary

Social media, particularly Facebook, is now pay-to-play. There’s no getting around that.

The rules behind Facebook organic posting and advertising have changed tenfold from when it was first established.

No matter what stage your brand is in, it’s vital to stay up-to-date on the strategies and tactics that can complement your organic efforts.

Create a paid and organic social media strategy that makes sense for your brand. Create content that is realistic and relatable to your audience.

Most importantly, be consistent in your efforts, and you’ll see the amplified efforts in your long-term brand building.

More Resources:


Featured Image: Sasha Ka/Shutterstock





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Elon Musk Shares Vision For “Twitter 2.0”

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Elon Musk Shares Vision For “Twitter 2.0”

Twitter CEO Elon Musk reveals six ways he plans to turn Twitter into an “everything app,” which includes longform tweets, encrypted DMs, user-to-user payments, and more.

In a series of slides prefaced with the title “Twitter 2.0,” Musk presented his plans at an internal meeting:

The slides reveal the following goals for the future of Twitter:

  • Advertising as entertainment
  • Video
  • Longform tweets
  • Encrypted DMs
  • Longform tweets
  • Relaunch Blue Verified

Musk published the slides on Twitter without further context, making it difficult to read too far into his plans for the company. However, we can glean some information based on the mock-up screenshots on each slide.

Advertising As Entertainment

Musk plans to make advertising on Twitter more entertaining, showing an example of an ad from HBO Max that reads like a Buzzfeed quiz.

Screenshot from: twitter.com/elonmusk, November 2022.

The text reads:

“Are you Targaryan, Valeryon, or Hightower?

Like this tweet and I’ll analyze your profile so you know which house you belong to and what role you would have in the world of #LaCasaDelDragon.”

For context, the advertisement is for the show House of Dragons, a spin-off of Game of Thrones.

The ad copy reminds me of those Buzzfeed quizzes where you answer a series of questions to determine which character of a TV show you would be.

The virality of those quizzes leads me to believe Twitter’s direction for advertising could generate meaningful engagement.

Is this form of advertising likely to draw in new customers who aren’t familiar with the product already? Probably not, but it could be an effective way to raise brand awareness.

Video

Containing only a thumbnail and placeholder text, the above example doesn’t allow for much speculation about Musk’s plans for video on Twitter.

Elon Musk Shares Vision For “Twitter 2.0”Screenshot from: twitter.com/elonmusk, November 2022.

However, if Musk’s tweets are anything to go by, his plans could include bringing back the short-form video app Vine:

Musk may also be planning to compete with YouTube, claiming he can offer higher payouts. Mr. Beast, YouTube’s most popular creator, is skeptical of that claim:

Longform Tweets

Elon Musk Shares Vision For “Twitter 2.0”Screenshot from: twitter.com/elonmusk, November 2022.

Musk includes a screenshot of Twitter’s Notes feature to illustrate his plans for longform tweets.

Twitter began testing Notes with a limited number of writers earlier this year.

You can see this feature in action by visiting the @TwitterWrites account page and navigating to the Notes tab.

Encrypted DMs

Elon Musk Shares Vision For “Twitter 2.0”Screenshot from: twitter.com/elonmusk, November 2022.

This feature is self-explanatory.

Encrypted DMs are becoming an industry standard for social media sites. Meta introduced end-to-end encryption for its messaging tools in January, and now Twitter is following suit.

Reverse engineering expert Jane M. Wong recently uncovered evidence of Twitter’s encrypted DMs, which suggests the update may be ready to launch soon.

(New) Blue Verified

Elon Musk Shares Vision For “Twitter 2.0”Screenshot from: twitter.com/elonmusk, November 2022.

The upcoming relaunch of Blue Verified will include the following features:

  • A blue ‘verified’ checkmark
  • Priority placement at the top of replies, mentions, and search results
  • See 50% fewer ads
  • Upload longer videos
  • Get early access to new features

The text at the bottom of Musk’s slide indicates the $7.99 per month pricing is a “limited time offer,” suggesting the price may increase in the future unless users lock in now.

Payments

Elon Musk Shares Vision For “Twitter 2.0”Screenshot from: twitter.com/elonmusk, November 2022.

Musk’s slide provides zero information regarding his plans for payments on Twitter. However, those plans were already shared earlier this month.

In a call with advertisers, Musk says he wants to turn Twitter into a digital marketplace where creators can set their own prices for content.

That will allow creators to sell instructional videos, for example, at a price they believe is fair.

To that end, Musk believes this type of payment system will open the door for users to send money directly to other users on Twitter.


Featured Image: FellowNeko/Shutterstock



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