Sunday 20 April 2014

Information

"It’s happened. Facebook, aka the free marketing platform we have come to know and love, now wants businesses and organizations to pay to engage with their own fans and followers. If you’ve noticed your reach and “likes” declining lately, you’re not alone.
Back in December, the company acknowledged that the reach per post — in other words, how many of your followers see your post in their News Feeds — has declined. Various studies have confirmed this, one showing a drop in reach from 12% of all followers to 6% over the course of 4 months. And, another blog is reporting that reach will decline to just 1% of your total followers eventually.
With the number of friends and pages that each person follows having increased dramatically, they chalk it up to competition and the need for greater relevance. Of the average of 1,500 possible stories (or posts) that are available to show to each person, Facebook selects 300 to post in your News Feed per day. They do this using an algorithm that’s based on clicks, timeliness of the post and a variety of other factors. In essence, your post has a 20% chance of being shown to any one of your fans — less if it’s not what Facebook considers “relevant.”
So, what does this all mean for you? At PhotoShelter, we’ve continuously recommended that photographers use  Facebook ‘pages’ rather than their personal profiles to promote themselves. And, it’s true that there are still advantages to using pages, including analytics to gauge your return on investment (ROI) and targeted (read: paid) advertising potential. We even have a guide to help you figure it all out. Now more than ever, though, may be the time to re-evaluate your overall social media strategy."

Will this market system collapse?

 

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