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Lessons Learned in
Optimizing Facebook
Brand Pages




Confidential to IT Agility LLC
Discussion Agenda



                1. Why Facebook matters to brands
                2. Experience context (scaling
                   Facebook fan pages)
                3. Leading Practices for Brand fan
                   pages
                4. Questions/Discussion




                                                     1
Why Facebook Matters to Brands




   •   Over 600 Million users at the end of 2010 (now 630M+)
   •   Most searched term and site with the most time spent
   •   Strong position (lock-in, network effect, market cap)
   •   Cost effective marketing (viral effect)
                                                          Source: Socialbaker

                                                                                2
Business and organization Facebook pages are rapidly
growing to pursue the consumer volume on Facebook.
                               Facebook Business/Organization Pages


                                        • The top ten brands on Facebook have over 232
                                          million Facebook fans
                                        • 50% of the Fortune 100 have active Facebook
                                          page(s)
                                        • Social Marketing Software as a Service (SaaS)
                                          offerings for organizations are a rapidly emerging
                                          market
                                          – Facebook has over 700,000 local businesses with
                                            active company pages (Facebook, January 2010)
                                          – Several start-ups have started to provide
                                            Facebook SaaS offerings (Involver, Wildfire
                                            Interactive, Buddy Media, etc.)




 Source: Fanpagelist.com, April, 2011

                                                                                               3
IT Agility has captured lessons learned from scaling ten
Facebook fan page and application sites.


             IT Agility’s Initial Consumer Facebook Offerings




http://www.facebook.com/ITagility

                                                                4
Providing a fan page and application for each pop culture
area optimizes our overall fan base.
            CelebBistro Fan Page                          CelebBistro Facebook App




• Gained over 330,000 fans in ~8 months                  • Has 170,000 monthly active users
• Averages ~40,000 impressions per post providing free   • Provides one stop shopping for content
  viral marketing and ―social clicks‖                    • Makes it easy to socially share content
• Creates great fan interaction (comments and likes)

    http://www.facebook.com/CelebBistro                      http://apps.facebook.com/celebbistro/   5
By converging dynamic content, custom search, and
community features as native Facebook applications, we
are disrupting the traditional media leaders.
      CelebBistro Fan Page Position (after 8 months on Facebook)
      Representative                                                                              Fans As Of
 #    Celeb Sites on Facebook                Facebook Fan page Site URL                           May 4, 2011
 1    The Hollywood Gossip                   http://www.facebook.com/thehollywoodgossip              638,804
 2    US Weekly                              http://www.facebook.com/UsWeekly                        430,460
 3    TMZ                                    http://www.facebook.com/TMZ                             433,876
 4    CelebBistro                            http://www.facebook.com/CelebBistro                     304,241
 5    Entertainment Tonight (CBS)            http://www.facebook.com/EntertainmentTonight            262,423
 6    Perez Hilton                           http://www.facebook.com/PerezHilton                     168,600
 7    E Online                               http://www.facebook.com/eonline                         125,955
 10   Access Hollywood                       http://www.facebook.com/AccessHollywood                  77,447
 11   PopEater (AOL)                         http://www.facebook.com/PopEater                         62,142
 12   Showbiz Tonight (HLN Network)          http://www.facebook.com/ShowbizTonightHLN                58,330
 9    Gawker                                 http://www.facebook.com/Gawker                           78,007
 8    Entertainment Weekly                   http://www.facebook.com/entertainmentweekly?ref=ts      113,990
 13   Wonderwall (Microsoft)                 http://www.facebook.com/Wonderwall                       27,238

       • CelebBistro fans are achieved without promotions or incentives



                                                                                                                6
Our Facebook test sites demonstrate that users like to
    receive and share content within Facebook.
              Fans for Representative IT Agility Test Sites (As of 05/07/2011)




      314,000 fans                                          101,000 fans             136,000 fans
                                   47,000 fans                                                                  40,000 fans




     The initial five test sites achieved over 638,000 fans and average 80% “like”
     rate from visitors (without the use of promotions/incentives).


http://www.facebook.com/CelebBistro         http://www.facebook.com/TVaficionado   http://www.facebook.com/CountryMusicBistro   7
http://www.facebook.com/MovieNewscast       http://www.facebook.com/HipHopBistro
Companies should adopt several leading practices for
their brand pages.
             1.   Understand the Facebook edge algorithm and how to
                  maximize impressions
             2.   Make high quality fan page posts
                  • Write compelling and optimal fan page posts
                  • Be responsive to fan posts/comments
                  • Monitor and understand Fan Page engagement
                      rates (time to post, post characteristics, etc.)
             3.   Optimize your page configuration
                  • Ensure your photostrip is relevant
                  • Select the best page category relevant to your
                      brand page
                  • Make page settings relevant to your brand
                      (everyone posts, profanity level…)
                  • Add Custom tabs and compelling application
                      features for your targeted audience
             4.   Make a compelling landing page

                                                                         8
90% of fans do not revisit fan pages which makes fan
page posts critical to driving impressions.

                                     1.    The average Facebook person ―likes‖ a
                                           multitude of pages and interests
                                     2.    Over 90% of fans do not revisit the fan
                                           page
                                     3.    Most fan page posts are consumed via the
                                           broadcast out to fan newsfeeds
                                     4.    99% of comments and likes come from fan
                                           interaction via the newsfeed
                                     5.    Newsfeed impressions measure how
                                           many fans see your fan page posts


    Source: IT Agility experience across our 11 managed pages



It is critical for brands to make high quality fan page posts
and optimize impressions via newsfeeds.


                                                                                      9
Understanding the Facebook EdgeRank Algorithm is
    critical for optimizing fan page posts.
                       EdgeRank News Feed Optimization




•    Edge rank is an affinity score between the viewing user and the item’s creator (if you
     send your friend a lot of Facebook messages and check their profile often, then you’ll
     have a higher affinity score for that user than with an old acquaintance you haven’t
     interacted with in years).
•    There’s a weight given to each type of Edge (a comment has more importance than a
     Like)
•    Time is a factor….the older an Edge is, the less important it becomes.
•    Multiply these factors for each Edge then add the Edge scores up and you have an
     Object’s EdgeRank. The higher the edge rank is, the more likely your Object is to
     appear in the user’s feed.
•    The act of creating an Object is also considered an Edge, which is what allows Objects to
     show up in your friends’ feeds before anyone has interacted with them.


                                                                                            10
Business Fan Pages have several EdgeRank
considerations.
           EdgeRank Brand Page Optimization


                 •   A frequent fan page visitor and active user creates a
                     higher affinity score with that fan
                 •   High volume of likes and comments drives a higher
                     EdgeRank
                 •   Time remains a factor….the older an Edge is, the less
                     important it becomes.
                 •   Attached content (video and photo links) drives a higher
                     edgerank
                 •   Several factors appear to drive relative Facebook
                     impressions across fan page posts
                       • Competition against other fan page posts
                       • Weighting of factors driven by Facebook (e.g.
                          promoting places feature)
                       • Volume of fans on your page helps (critical mass
                          helps to drive more likes and comments)




                                                                                11
Facebook has optimal times to post fan page content.




  • Facebook engagement has three engagement peaks: early morning (7 a.m. EST),
    after work (5 p.m. EST) and late at night (11 p.m. EST).
  • Non-work hours have the highest engagement rate peaks
  • Thursday, Friday and Sunday posts have the highest engagement rates
  • Each brand needs to consider the behavior and peak engagement rates for their
    audience

    Source: Buddy Media Study


                                                                                    12
Post characteristics drive engagement rates.



                                 • Using action words increases fan
                                   interactions wit h your posts
                                      • ―Like us‖ if you ……works
                                      • Asking for comments works
                                 • Posts with 80 characters or less gain 27%
                                   more engagement than posts that were
                                   more than 80 characters.
                                 • Only 19% of posts in the study were
                                   shorter than 80 characters
                                 • Posts with a full-length URL had three
                                   times the engagement of their shortened
                                   bit.ly, ow.ly and tinyurl counterparts (the
                                   likely reason is readers want to know the
                                   link destination)
     Source: Buddy Media Study



                                                                                 13
Optimal frequency of posts varies by type of
business fan page.


                     • Optimal Post Frequency is relative to the type of
                       brand page site
                         •   1 – 2 posts per day for a typical company brand
                             page
                         •   3 – 4 posts if you have interesting and
                             compelling content
                         •   6 – 12 posts per day for media sites
                     • Post at least 1 hour apart
                     • Don’t repost the same content
                     • Write an optimal status update with the content
                         •   > 4 lines will yield …‖more‖ link to see full post
                         •   Video and Photo links increase post quality and
                             ultimate Facebook impressions
                         •   Ending with a question increases comments




                                                                              14
Page engagement rates vary based on the
overall volume of your fan base.
                    Average Fan Engagement Rates




   • Engagement rate measures how compelling your fan page posts are
   • Page engagement rate is total fan interaction (comments, likes) / total
     page fan base
   • Average engagement rate varies by page’s total fan volume

                              Source: Socialbaker’s page analysis of 9,000 Facebook brand pages



                                                                                                  15
On February 10th 2011, Facebook completed platform updates to
 allow application integration with company pages.
                                  Adding Compelling Application Features




This update
allows companies
to add dynamic
content and more
advanced                                                 Facebook Developer Blog (February 10, 2011)
applications as
custom tabs on
their brand page.




 Sources: http://developers.facebook.com/roadmap
          http://developers.facebook.com/blog/post/462

                                                                                                       16
Adding search services and targeted/dynamic content on
your Brand Page improves fan conversion rates.




Our platform provides news to our
  Company Brand page:
• Facebook News
• Social Media
• PR News

• News tabs achieve a 45%
  ―like rate‖ from visitors
• Attracts visitors and
  increases fan engagement
• Achieves significant savings
  in ad spend and reduction in
  promotions/incentives




                                                     17
Bartab achieves a 70% like rate by featuring beer,
cocktail and wine news on their company brand page.

                                                   • Webtab/Bartab—added relevant beverage
                                                     industry news to Bartab’s Facebook
         Beer News | Cocktail News | Wine News |
                                                     company page (achieves a 70% ―like‖ rate
                                                     from the drink news tab)
                                                   • Drink news provides a much larger
                                                     population to target with Facebook ads
                                                   • Driving more fans to your company page
                                                     increases the newsfeed volume for your fan
                                                     page posts
                                                   • Higher newsfeed engagement drives
                                                     increased impressions



 http://www.facebook.com/bartab


                                                                                                  18
Make a Compelling Landing Page (CelebBistro Example)




                                                   19
Make a Compelling Landing Page (Coca Cola Example)




Coca Cola is the most popular brand page on Facebook with over 22 million fans
                                                                             20
Make a Compelling Landing Page (Red Bull Example)




Red Bull is the 5th most popular brand page on Facebook with over 15 million
fans
                                                                               21
Questions?




             22

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Facebook lessons 2011

  • 1. Lessons Learned in Optimizing Facebook Brand Pages Confidential to IT Agility LLC
  • 2. Discussion Agenda 1. Why Facebook matters to brands 2. Experience context (scaling Facebook fan pages) 3. Leading Practices for Brand fan pages 4. Questions/Discussion 1
  • 3. Why Facebook Matters to Brands • Over 600 Million users at the end of 2010 (now 630M+) • Most searched term and site with the most time spent • Strong position (lock-in, network effect, market cap) • Cost effective marketing (viral effect) Source: Socialbaker 2
  • 4. Business and organization Facebook pages are rapidly growing to pursue the consumer volume on Facebook. Facebook Business/Organization Pages • The top ten brands on Facebook have over 232 million Facebook fans • 50% of the Fortune 100 have active Facebook page(s) • Social Marketing Software as a Service (SaaS) offerings for organizations are a rapidly emerging market – Facebook has over 700,000 local businesses with active company pages (Facebook, January 2010) – Several start-ups have started to provide Facebook SaaS offerings (Involver, Wildfire Interactive, Buddy Media, etc.) Source: Fanpagelist.com, April, 2011 3
  • 5. IT Agility has captured lessons learned from scaling ten Facebook fan page and application sites. IT Agility’s Initial Consumer Facebook Offerings http://www.facebook.com/ITagility 4
  • 6. Providing a fan page and application for each pop culture area optimizes our overall fan base. CelebBistro Fan Page CelebBistro Facebook App • Gained over 330,000 fans in ~8 months • Has 170,000 monthly active users • Averages ~40,000 impressions per post providing free • Provides one stop shopping for content viral marketing and ―social clicks‖ • Makes it easy to socially share content • Creates great fan interaction (comments and likes) http://www.facebook.com/CelebBistro http://apps.facebook.com/celebbistro/ 5
  • 7. By converging dynamic content, custom search, and community features as native Facebook applications, we are disrupting the traditional media leaders. CelebBistro Fan Page Position (after 8 months on Facebook) Representative Fans As Of # Celeb Sites on Facebook Facebook Fan page Site URL May 4, 2011 1 The Hollywood Gossip http://www.facebook.com/thehollywoodgossip 638,804 2 US Weekly http://www.facebook.com/UsWeekly 430,460 3 TMZ http://www.facebook.com/TMZ 433,876 4 CelebBistro http://www.facebook.com/CelebBistro 304,241 5 Entertainment Tonight (CBS) http://www.facebook.com/EntertainmentTonight 262,423 6 Perez Hilton http://www.facebook.com/PerezHilton 168,600 7 E Online http://www.facebook.com/eonline 125,955 10 Access Hollywood http://www.facebook.com/AccessHollywood 77,447 11 PopEater (AOL) http://www.facebook.com/PopEater 62,142 12 Showbiz Tonight (HLN Network) http://www.facebook.com/ShowbizTonightHLN 58,330 9 Gawker http://www.facebook.com/Gawker 78,007 8 Entertainment Weekly http://www.facebook.com/entertainmentweekly?ref=ts 113,990 13 Wonderwall (Microsoft) http://www.facebook.com/Wonderwall 27,238 • CelebBistro fans are achieved without promotions or incentives 6
  • 8. Our Facebook test sites demonstrate that users like to receive and share content within Facebook. Fans for Representative IT Agility Test Sites (As of 05/07/2011) 314,000 fans 101,000 fans 136,000 fans 47,000 fans 40,000 fans The initial five test sites achieved over 638,000 fans and average 80% “like” rate from visitors (without the use of promotions/incentives). http://www.facebook.com/CelebBistro http://www.facebook.com/TVaficionado http://www.facebook.com/CountryMusicBistro 7 http://www.facebook.com/MovieNewscast http://www.facebook.com/HipHopBistro
  • 9. Companies should adopt several leading practices for their brand pages. 1. Understand the Facebook edge algorithm and how to maximize impressions 2. Make high quality fan page posts • Write compelling and optimal fan page posts • Be responsive to fan posts/comments • Monitor and understand Fan Page engagement rates (time to post, post characteristics, etc.) 3. Optimize your page configuration • Ensure your photostrip is relevant • Select the best page category relevant to your brand page • Make page settings relevant to your brand (everyone posts, profanity level…) • Add Custom tabs and compelling application features for your targeted audience 4. Make a compelling landing page 8
  • 10. 90% of fans do not revisit fan pages which makes fan page posts critical to driving impressions. 1. The average Facebook person ―likes‖ a multitude of pages and interests 2. Over 90% of fans do not revisit the fan page 3. Most fan page posts are consumed via the broadcast out to fan newsfeeds 4. 99% of comments and likes come from fan interaction via the newsfeed 5. Newsfeed impressions measure how many fans see your fan page posts Source: IT Agility experience across our 11 managed pages It is critical for brands to make high quality fan page posts and optimize impressions via newsfeeds. 9
  • 11. Understanding the Facebook EdgeRank Algorithm is critical for optimizing fan page posts. EdgeRank News Feed Optimization • Edge rank is an affinity score between the viewing user and the item’s creator (if you send your friend a lot of Facebook messages and check their profile often, then you’ll have a higher affinity score for that user than with an old acquaintance you haven’t interacted with in years). • There’s a weight given to each type of Edge (a comment has more importance than a Like) • Time is a factor….the older an Edge is, the less important it becomes. • Multiply these factors for each Edge then add the Edge scores up and you have an Object’s EdgeRank. The higher the edge rank is, the more likely your Object is to appear in the user’s feed. • The act of creating an Object is also considered an Edge, which is what allows Objects to show up in your friends’ feeds before anyone has interacted with them. 10
  • 12. Business Fan Pages have several EdgeRank considerations. EdgeRank Brand Page Optimization • A frequent fan page visitor and active user creates a higher affinity score with that fan • High volume of likes and comments drives a higher EdgeRank • Time remains a factor….the older an Edge is, the less important it becomes. • Attached content (video and photo links) drives a higher edgerank • Several factors appear to drive relative Facebook impressions across fan page posts • Competition against other fan page posts • Weighting of factors driven by Facebook (e.g. promoting places feature) • Volume of fans on your page helps (critical mass helps to drive more likes and comments) 11
  • 13. Facebook has optimal times to post fan page content. • Facebook engagement has three engagement peaks: early morning (7 a.m. EST), after work (5 p.m. EST) and late at night (11 p.m. EST). • Non-work hours have the highest engagement rate peaks • Thursday, Friday and Sunday posts have the highest engagement rates • Each brand needs to consider the behavior and peak engagement rates for their audience Source: Buddy Media Study 12
  • 14. Post characteristics drive engagement rates. • Using action words increases fan interactions wit h your posts • ―Like us‖ if you ……works • Asking for comments works • Posts with 80 characters or less gain 27% more engagement than posts that were more than 80 characters. • Only 19% of posts in the study were shorter than 80 characters • Posts with a full-length URL had three times the engagement of their shortened bit.ly, ow.ly and tinyurl counterparts (the likely reason is readers want to know the link destination) Source: Buddy Media Study 13
  • 15. Optimal frequency of posts varies by type of business fan page. • Optimal Post Frequency is relative to the type of brand page site • 1 – 2 posts per day for a typical company brand page • 3 – 4 posts if you have interesting and compelling content • 6 – 12 posts per day for media sites • Post at least 1 hour apart • Don’t repost the same content • Write an optimal status update with the content • > 4 lines will yield …‖more‖ link to see full post • Video and Photo links increase post quality and ultimate Facebook impressions • Ending with a question increases comments 14
  • 16. Page engagement rates vary based on the overall volume of your fan base. Average Fan Engagement Rates • Engagement rate measures how compelling your fan page posts are • Page engagement rate is total fan interaction (comments, likes) / total page fan base • Average engagement rate varies by page’s total fan volume Source: Socialbaker’s page analysis of 9,000 Facebook brand pages 15
  • 17. On February 10th 2011, Facebook completed platform updates to allow application integration with company pages. Adding Compelling Application Features This update allows companies to add dynamic content and more advanced Facebook Developer Blog (February 10, 2011) applications as custom tabs on their brand page. Sources: http://developers.facebook.com/roadmap http://developers.facebook.com/blog/post/462 16
  • 18. Adding search services and targeted/dynamic content on your Brand Page improves fan conversion rates. Our platform provides news to our Company Brand page: • Facebook News • Social Media • PR News • News tabs achieve a 45% ―like rate‖ from visitors • Attracts visitors and increases fan engagement • Achieves significant savings in ad spend and reduction in promotions/incentives 17
  • 19. Bartab achieves a 70% like rate by featuring beer, cocktail and wine news on their company brand page. • Webtab/Bartab—added relevant beverage industry news to Bartab’s Facebook Beer News | Cocktail News | Wine News | company page (achieves a 70% ―like‖ rate from the drink news tab) • Drink news provides a much larger population to target with Facebook ads • Driving more fans to your company page increases the newsfeed volume for your fan page posts • Higher newsfeed engagement drives increased impressions http://www.facebook.com/bartab 18
  • 20. Make a Compelling Landing Page (CelebBistro Example) 19
  • 21. Make a Compelling Landing Page (Coca Cola Example) Coca Cola is the most popular brand page on Facebook with over 22 million fans 20
  • 22. Make a Compelling Landing Page (Red Bull Example) Red Bull is the 5th most popular brand page on Facebook with over 15 million fans 21