Facebook. What started out in a college dorm room has since grown into one of the largest advertising platforms available. Yet, there are many companies that still do not realize the potential Facebook has to offer their business.
One common objection we hear about Facebook advertising is “I’m not on Facebook, and my customers aren’t on Facebook”, or “people my age and older aren’t on Facebook”. Although this sounds like a reasonable objection, the data simply does not back it up.
There are 22 million Canadians on Facebook, and 17 million of them are on Facebook every day. The population of Canada is about 35 million people, meaning that about 63% of Canadians are on Facebook, and almost 50% are on Facebook every day. When one considers that 1 in 2 Canadians are on Facebook, suddenly the “people my age aren’t on Facebook” argument seems unlikely.
Also, a recent study by Sprout Social looked at which social platforms each generation – Millennials (ages 18-34), Gen Xers (ages 34-54) and Baby Boomers (ages 55+) – engage with the most. They surveyed 1,000 people from each demographic and the results showed that, actually, every generation is the Facebook generation.
43.6% of those surveyed chose Facebook as their social network of choice. 64.7% of Gen Xers chose it and 65.2% of Baby Boomers chose it. That’s right, out of all three generations, the highest percentage came from those aged 55+.
Another interesting discovery in this study is which generations are most likely to follow a brand on social media. They found that 48.6% of Millennials currently follow brands, and 48.8% of Gen Xers currently follow brands. That means almost half of people aged 35-54 have opted-in to following brands on social media. Is your brand available to them?
But what about Generation Z? Even though Sprout did not survey anyone from this generation, there are a plethora of articles out there trying to figure this generation out. Many suggest that SnapChat is going to be that generation’s Facebook, but according to an article by Contently:
“67 percent of older Gen Zers regularly use Facebook, while 50 percent name the Facebook-owned Instagram—only one percentage point behind Snapchat. Facebook was also named by 26 percent of respondents as the social network they use ‘constantly,’ compared with 23 percent for Snapchat. Nearly half of respondents said they log onto Facebook multiple times a day”.
One of the most basic lessons in advertising is to be where your customers are and where your competition isn’t. It’s been proven that your customers are, in fact, on Facebook; but right now, a lot of your competition is not advertising there. Give us a call today to get started and get $500 in bonus spend to put towards your next lead-generating campaign.