What you need to know before jumping in.
As a dentist reading this blog, you may already have dipped into social media ads? There’s a chance that it worked well for you but also the strong possibility that it didn’t. Unfortunately, social ad campaigns that don’t work as well as expected are becoming more and more common, so what’s going wrong? In this blog we’ll take a look at what’s changed, together with what you need to do to give yourself the best chances of success when advertising on Facebook and Instagram.
Before looking at specifics, it’s worth noting the changing way that marketing agencies are advertising their own services via social media as this gives a good clue as to what’s going on. A couple of years ago, marketers were running their own basic ads that typically offered “twenty leads per month” and little else. As things got harder, it quickly became 30 leads per month, then 40 and so on. Then around a year ago, marketers started to offer to work for free if they didn’t meet the pre-agreed number of leads delivered.
Now we not only see that, but also lead-qualification services where the agency filters the leads, essentially working for the dentist. I’m even seeing the so-called leading Invisalign marketer offering free services – that evolution is a really good indicator of how things are changing and how everyone is trying to compete, supplier and dentist.
Of course what you also need to understand, particularly as the marketing companies try to avoid mentioning it, is that you need a big daily budget to make any of it happen. Unfortunately the leads from social media ads can be quite speculative, with a high proportion coming to nothing. So for the marketer to achieve the objective, lots and lots of leads have to be generated – hence the ever increasing budgets. I draw the analogy of panning for gold; while there are golden nuggets to be had, there’s a lot of rubbish to be filtered through first.
So what’s driven these significant changes in a relatively short space of time and made the social ads space trickier to navigate and get good returns?
Increasing competition
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