A lot of brands have noticed that their Facebook posts organic reach is down and many are asking why.
More and more, brands are noticing that their Facebook posts organic reach is down, and continuing to drop. This is not the first time companies have noticed a dip in reach and engagement, but there is something unique about this change: Facebook is acknowledging it.
Yes, it’s true. The reach of your page posts is not going to be quite as far without some financial stimulation. After all, Facebook is a business with a valuation roughly ten times its revenue, and they are going to have to find a way to even that out. So what is their answer? Make brands pay for their marketing efforts.
What is happening?
About a year ago, Facebook’s EdgeRank algorithm underwent some changes and brands started to see a decrease in reach. According to Facebook, this was their way of providing people with the best possible experience and removing spam from individuals’ news feeds. This time around, Facebook is being much more blunt about what they are doing.
It is no secret that brands use Facebook for marketing efforts. Sure, the approach on the network is a much softer sell than say, on their website. But still, Facebook is a marketing and advertising medium, and the social network realizes that. So, another recent overhaul of the Facebook algorithm has resulted in this: brands have to pay to play.
The paradise of ‘free’ (and I use that word very lightly) marketing is over. With over a billion users, Facebook is no longer letting brands access these pools of potential customers without paying for permission. In a recent publication by Facebook, it was revealed that brands are going to need to consider investing in the network in order to reach fans in their news feeds.
Why are brands upset?
This is pretty clear. Brands have spent a tremendous amount of time and resources building loyal fanbases. Now, Facebook is telling them that that they are going to have to pay to reach that audience.
So naturally, companies are asking, “What was the point of building up my audience if I was just going to have to pay for people to see my content?” Well, that’s a fair point. But there are certain benefits to advertising that very few brands have taken advantage of to date; they’re going to have to now.
What’s so great about advertising?
Facebook advertising offers a whole selection of great targeting options. In addition to the usual demographics, brands can also choose to target users by device (FYI, mobile is the way to go), pages liked and even interests!
Even if you had built a large audience on Facebook, you still would not have been able to specifically target these users. All you could do was post to your page and hope for the best.
What’s more, advertising on Facebook is still very inexpensive. Currently, only 4% of companies on Facebook are leveraging the power of ads. Facebook needs to keep them affordable if they want people to take advantage of them. So, before prices skyrocket (look at Google AdWords for competitive categories) your brand should take advantage of the great advertising platform.
Have you noticed a drop in your Facebook posts organic reach? Tell us if you plan on advertising in the comments below or on Twitter!