You can be on Entrepreneur’s cover!

Tips and Tricks to Maximize Facebook For an E-commerce Business Facebook can be of help to your company especially if its new, the only thing you need to know is how to operate your account intelligently

By Anurag Avula

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Shutterstock.com

Facebook has become one of the most effective channels through which companies can market their products and services to customers. Using it effectively for e-commerce requires a thorough understanding of the medium and the opportunities it provides. It can help you reach global audiences and make a good first impression long before the customer has been to your website. Here are some tips to use the Facebook platform for gaining an edge for your e-commerce business:

Create Your Facebook Page and Personalize It

Most users of Facebook aren't on the platform for business, but to socialise. Your page must post content in a personable manner which engages people and gives them something to relate to. Depending upon your business and brand message, communicate in a casually conversational way. Don't try hard-selling or use language that is too bookish or corporate. Prices and product descriptions will bore users and prevent engagement. Use the platform to present a human face to customers.

Post Regularly

Facebook users will typically check their account at least once a day – so make sure you have new material ready. It is recommended that you post daily, but that shouldn't mean you post unnecessarily. Make sure you share something new and relevant as regularly as possible. If users comment or ask questions on your site ensure that you respond quickly as they will soon lose interest if there's no reply. This helps ensure good brand recall in your customers.

How to Advertise

While there are good reasons to pay or not pay for advertising, but Facebook's powerful ad manager makes it easy when you have to. Depending upon your goal and target audience, you can start the conversion, lead generation, or just drive traffic to your store. The Ad Manager will help you create goals, pick an audience, set a budget, and schedule a time for your promotional posts.

Know Your Goals

How well Facebook is working for your company and how to measure that depends upon your business. The number of likes, email opt-ins, and click-through rates is useful metrics. If you are a new brand, awareness building – measured in followers and likes – can also be useful.

Define Your Audience

Your audience can be broken down into age, location, interests, gender or connections but for best results, set a close range and broaden gradually and gauge the interest. By using "custom audiences' it is possible to re-target people who have already interacted with you before or friends of existing followers, and even exclude current customers.

Set Your Budget

Not all Facebook ads are paid but if you want to give your ad a boost, the site will allow you to set a daily or lifetime (of the ad) limit. This allows you to stick to your budget and compute how many clicks you get for your dollar.

Now all that's left is creating ads – 90 characters, a headline, and an image or video to make your pitch. Pick the right platform – desktop or mobile – though default settings are probably good to start with. Choose an image style, post great content and watch Facebook help your business grow!

Anurag Avula

Co-founder and CEO, Shopmatic

Anurag Avula is the co-founder of Shopmatic, a unique online platform that provides the entire ecosystem for anyone wanting to sell online. An industry veteran, Anurag has spent more than 20 years in Online Commerce, Payments, Banking & Technology helping various organizations develop new market opportunities and businesses in the Asia-Pacific region. Prior to launching Shopmatic in December 2014, Anurag held senior roles at companies like Standard Chartered Bank, NCR, MasterCard and was most recently Senior Director for Merchant Sales, Strategy, and Operations at PayPal Asia-Pacific, where he met the other co-founders of Shopmatic. As a CoFounder& CEO of the company, Anurag Avula leads his team towards driving sustainable market growth and delivering value for its stakeholders. Today, Shopmatic with its Shopmatic Pro & Shopmatic Go product lines has over 100,000 customers with a presence in India, Singapore, and Hong Kong and has plans to expand to other countries in the Asia Pacific, Middle East & Africa regions. 

 

Thought Leaders

How To Improve Your Soft Skills and Emotional Intelligence in 7 Easy Steps

Using these simple but effective approaches will help a person in their business, life and relationships.

Business News

The man who married a hologram in Japan can no longer communicate with his virtual wife

The software that allowed the interaction is no longer supported and the man can no longer interact with the hologram with which he had a relationship for years.

Money & Finance

5 Simple Wealth-Building Tips For This Generation's Forward-Thinkers

Explore practical finance tips for young professionals striving to overcome economic challenges.

Business News

Kevin O'Leary Says 'Do Not' Merge Finances, Bank Accounts With Your Spouse: 'I Forbid It in My Own Family'

The "Shark Tank" star stressed the importance of keeping your "own financial identity" in a relationship.