Stats Show How To Increase Social Reach on Facebook

With the decrease of Facebook’s organic reach, digital marketers are finding it harder to utilize Facebook as a method for reaping marketing benefits. But given the recent stats of Facebook’s reach, companies can turn that decrease in reach into monetary success.

Facebook is still a main factor in driving sales via word-of-mouth. Social media traffic from Facebook accounts for 63 percent of sales to e-commerce stores. In 2013, e-sales saw a 129 percent jump in order volume, thanks to referral traffic from Facebook. Facebook is also responsible for revenue of $17 per fan from flash sales.

Facebook is also helping amplify SEO factors. In fact, seven out of the top eight SEO ranking factors are social:

• 0.40 – Google +1
• 0.34 – Facebook Shares
• 0.34 – Number of Backlinks
• 0.34 – Facebook Total
• 0.33 – Facebook Comments
• 0.31 – Facebook Likes
• 0.29 – Pinterest
• 0.28 – Tweets

For a page on Facebook that has 500,000+ likes, studies have shown that the page’s organic reach is down 2 percent, thanks to fake “likes” clogging up the page. To combat this, research found a number of methods and paired them with example stats that reveal how businesses have raised their Facebook marketing strategy.

1. Turn the occasional visitor to the brand website into a true Facebook fan. Fabness, a creative canvas designer, saw a 33.28 percent increase in their sales conversion rate by doing so.
2. By persuading customers to share their purchases socially, Beretta saw a $19.12 revenue increase per each share.
3. Spawning social awareness can create connections on Facebook. Carol’s Daughter, carrier of hair care products, saw a 670 percent increase in social ROI and an 8 percent boost in revenue.
4. When including social testimonials on product pages as social proof, wine retailer Invino saw a 22.22 percent increase in sales conversion rate.

Sources:

“How to Turn Customers Into Brand Promoters on Facebook [Infographic]” 2014. Blog.hubspot.com

“How to Turn Customers Into Brand Promoters on Facebook .” 2014. Inbound.org