Even if you’ve pushed against it, all business owners have somehow been exposed to Facebook and it’s power to advertise and promote your business. You’ve probably also heard about the massive changes that the New Year seems to bring to the platform and how businesses can take advantage of it.
2018 was the year brought the massive news feed changes. It reduced businesses organic reach and shifted all of our focus pretty heavily towards advertising. As soon as we started to adjust to that, Facebook got hit with some pretty serious data protection claims, which has now changed the game in what information advertisers can access and how they can target their ads to potential customers.
So, as we enter 2019, this leaves us scratching our heads, wondering, “What is happening?” What are the next big changes coming up to Facebook in 2019, and what does that mean for us as businesses?
Well, in order to answer that question, I turned to someone a little smarter than me… Google. After doing some research (and combining it with what I’ve seen for myself and my own clients), I’ve come to a few conclusions.
Ad pricing will rise - As organic reach continues to shrink, and the demand for ad space on the platform continues to rise, it’s just a classic supply and demand issue. Ad costs will go up, and it’s going to become more and more expensive for businesses to break through and show up in the newsfeed.
Facebook/Instagram Stories - While Facebook stories haven’t taken off like Instagram ones have, the ability to shop right inside, and offer full screen video and still advertisements, it’s no wonder they have caught the attention of advertisers. Think about how you can utilize these, especially if you’ve found your newsfeed ads losing steam.
Video, Video, Video - We seem to say it in everything we write and it couldn’t be more true on Facebook. Video is continuing to take over, and with new video creation tools offered right inside the ads manager, it’s becoming easier for smaller businesses to take advantage of it.
Look-a-like Audiences 2.0 - That’s right, while you may not be able to target based on off-platform behavior yourself anymore, the new Look-a-like Audiences will help you better identify your own audience, and find those who are similar in values and behavior.
Want to see some of the other things that may be important when it comes to Facebook in 2019? Check out this article I found to read more, and happy Facebooking!
Want more trainings and classes on growing your business online in 2019? Check out The Digital Marketing Hub!