In an interview Mr.James
Told that:
We pre-launched Reader’s Legacy six months
ago but decided that it was time to start our publicity campaign on
February 1. Over the past six months, we have had many discussions on
where we will start spending our advertising dollars. We are still in the middle
of a major fundraising campaign, but we knew that we had to start driving
people, who loved to read, to our community. We also knew that Facebook
advertising was going to be part of the plan, so I started studying the art of
Facebook advertising four months ago.
I decided to share the results of our first week to my
tribe, as I know that there are thousands of us (entrepreneurs) out
there who are trying to figure out how to bring new customers and users to
our web properties. I think those results were very respectable --
and I learned a lot. I’ve even included screenshots to help you really
understand what we learned.
Related: 10 Quick Steps to Creating a Facebook Ad
Campaign
Here are few points that we learned in the past week.
1. Decide who your clients
/ users are, and market directly to them.
Facebook gives you the ability to choose exactly who
you want to advertise to. Take this very seriously. Do your own
research to determine who your targets are. We decided that we were going
to market to men and women in America
and Canada between
the ages of 35 and 60 who liked to read. All of our research
told us that 75 percent of readers were women, but we decided to advertise
to men and women in order to determine if the statistic on the female dominated
space was correct. We choose these criteria very specifically.
2. Offer real value.
Our research told us that everyone is advertising on
Facebook now, and that we would have to offer real value to catch our
readers attention. We did the math and decided that we could afford to
give each new user that joined a free Book. Yes, that’s
right, a real physical book that we would ship to them.
We sell over 16 million books and operate an affinity
program (points program) where users can collect points (LitCoins) to buy
books. So we decided to run a promotion for the months of February and
March, whereby every new user would get enough LitCoins to buy a new book and,
if they referred another user, they would get enough LitCoins for a second book.
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