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Facebook Business Pages

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Services for Real Estate Pros with Goodtree & Co., Inc.

Facebook is the new hot ticket in marketing. Previously, I rattled on about advertising on FB, but now let's talk about Facebook Business pages.

Facebook lets you create pages to promote your business. But the functionality is still pretty limited. Here's a synopsis of our experience with FB Business Pages.

PAGE OWNERSHIP - A DIFFERENT MODEL

Facebook specifically advises that business pages are to be a subset of profiles. That is, they frown upon creating two (or more) profiles (one for a biz and one for an individual). This runs against the model of other social networks including MySpace, YouTube and Flickr.

But FB has a pretty good reason for their approach: the Facebook franchise is based on real people with real email addresses (unlike MySpace where everyone has a slew of profiles).

PAGE DESIGN - WEAK

The options for page design are pretty limited. Most of the Apps you can add to a profile cannot be added to a Business page. FB only offers one generic choice for color and style (white page, black type, blue accents).

FUNCTIONALITY - LIMITED

Pages don't offer much opportunity to push content out to an audience. I'm a fan of a dozen pages, but never get an update. So, in effect, I forget about a page after the initial contact.

The New York Times has created an App which streams the most-emailed stories to your profile. But creating a custom FB application is totally beyond the means of small advertisers.

FB PAGES - ANALYSIS

Facebook pages have a long way to go before they provide any meaningful value for business. Better to run an ad on FB and direct the traffic to your website or a landing page.

FB is the hot ticket today, but they'd better improve the show before the next circus rolls into town.

Comments(21)

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Mick Michaud
Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 - Granbury, TX
Your Texas Lifestyle is Here!

By the time its "the place to be", its over.  With millions of advertisers on there, it runs off the prospects.  Sort of like duck hunting. 

You build a pond or find a nice quiet place to attract ducks. 

You start hunting, a couple of week-ends a month so as to not overhunt and run the ducks off.

Other hunters hear about the place and start coming out, a little more each week. 

After the word is out that that location has the best duck hunting, everyone shows up and guess what?  No ducks.

I'm not suggesting that everyone will be leaving facebook or my space, or as I call them "MY Face". However, with all the hype on it, it will be just as crowded as any other channel.

And just as ignored.

Jan 06, 2009 04:47 AM
Mark MacKenzie
Phoenix, AZ

Hi Hal,

Thanks for saving me some time - I have been wondering whether or not to look into doing this. :)

Jan 06, 2009 05:01 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

I really don't look at Face Book on the more serious, professional side, but more as a way to "chit chat" with friends, etc.  Show me if I'm wrong!

 

Patricia Aulson/Hampton NH Real Estate

Jan 06, 2009 05:11 AM
Brian Brumpton
Keller Williams Boise - Boise, ID
Boise Idaho Real Estate

Thanks for the info, I keep hearing Facebook more and more although I find the interface hard to use, I don't know what it is about it.

Jan 06, 2009 05:16 AM
James Engel
Keller Williams Realty Beverly Hills - Beverly Hills, CA
KW Beverly Hills

Thank you for sharing that with us. I really enjoy using Facebook. I will definitely look into that! Hope you have a great day!

Jan 06, 2009 07:41 AM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Thanks all for the comments.

In a nutshell -

  • Facebook Ads=Good
  • Facebook Pages=Needs Improvement

One thing that's not in doubt: social marketing is here to stay.

Jan 08, 2009 11:09 PM
Kathleen Lordbock
Broker/Short Sale & Staging Specialist - Crosby, MN
Keller Williams Realty Professionals

Social marketing is here and in a big way - get on the merry-go-round or get left behind.

Thanks for the info on the business pages.

Jan 09, 2009 08:14 AM
Jay Williams
Greenville, NC - Greenville, NC
Mortgage Loan Officer - Getting You The Right Loan

Hal, I agree that the page format needs to improve the ability to:

  1. build a fan base
  2. allow posted contact to flow to personal profile pages of the fan or administrator

Jay

Jan 09, 2009 12:58 PM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Thanks Jay and Kathleen.

Modest prediction: we'll see a lot of action in social media this year. And a lot of missteps.

Jan 12, 2009 01:40 AM
Tanya Venable
Orlando, FL
SEO, Mobile SEO, and Internet Marketing Consultant

Hal - I finally got my FB business page set up. But I agree it could be a little more user friendly.  Does any one know how to add a video link and have the video show up on your business page?

Jan 29, 2009 12:28 PM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Tanya - You can add a Facebook App called Extended Info. It can be deployed on both Pages and Profiles.

The Extended Info box can be placed *almost* anywhere on the page. The box accepts standard html code, so you should be able to embed a YouTube video or some other widget.

Here's what we did with Our Facebook Page.

Jan 29, 2009 12:39 PM
Tanya Venable
Orlando, FL
SEO, Mobile SEO, and Internet Marketing Consultant

Thanks Hal! You're page is awesome. I am a fan!

Jan 29, 2009 12:55 PM
Jay Williams
Greenville, NC - Greenville, NC
Mortgage Loan Officer - Getting You The Right Loan

Hal, I became a fan. I'm interested in how you will develop your page. May I invite you to become a fan of my business facebook page?

 

Jay

Jan 29, 2009 09:33 PM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Jay - thanks for having me.

Jan 29, 2009 09:58 PM
James & Amy Galligan
Keller Williams Real Estate - Stroudsburg, PA

thanks for the info... i think you just saved me some time...  we love facebook but mainly use it to keep in contact with fellow realtors & friends, we have had great success with it so far as people we know are referring others to us...and those we have lost contact with are now aware we sell Real Estate..

thanks again, amy

Feb 22, 2009 09:13 AM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Amy - Facebook advertising is a good channel. Just send the traffic to your website, not a Facebook business page.

Feb 23, 2009 12:30 AM
George W. Jordan
Red Soil Real Estate Inc. - Murray Harbour, PE
Owner/Broker, Red Soil Real Estate Inc.

Face Book is great for PEI Real Estate...it gives one good exposure with everyone in your younger days to present day...

Mar 14, 2009 05:36 AM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Hey George -

Do you advertise or have a page or both?

Mar 17, 2009 09:58 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

I am attending a FaceBook for business seminar today hee in Baltimore. Will let you know about it later.

Apr 21, 2009 10:39 PM
Hal Goodtree
Goodtree & Co., Inc. - Cary, NC
Web 2.0 for Business

Thanks for the comment, Margaret! Love to hear what you learned at the seminar.

Overall, FB Pages for business have improved dramatically in the last few weeks. The reason: they nopw behanve more like Profile pages. Now you can stream info to your fans.

We continue to be very bulllish on Facebook for business, particularly when it comes to real estate.

May 13, 2009 02:55 AM