Business Man Charles K Carillo
Google Adwords vs. Facebook
Ads: Which is best for your business?
Marketers are constantly
increasing their budget, reserved for digital advertisements. According to
Statista, total revenue in the Social Media Ads segment amounts to USD 32,327
Million in 2017.
The Major two competitors for digital ads
are Google Adwords and Facebook Ads. Now the question is, which is best for your
business and why?
The answer depends on your business type and industry. If you’re selling
something with lots of visual appeal to a specific audience, Facebook is for
you. But if you are promoting a Local Business and you want to attract audiences while they are shopping, Google is
the best bet for you.
Here’s a brief overview of their specialty in different aspects of
online marketing.
Targeting:
Google Adwords: Google PPC is based
on keywords. It shows ads of your business to the huge amount of visitors who are searching something related to your
business. That’s why it is suitable for
targeting a wide range of audiences.
Facebook Ads: If you want to target an extremely specific group or
audience, then Facebook Ad service is for you. Furthermore, narrowly targeted
audiences, result in reduced advertisement costs.
Local Business:
Google Adwords: Google suggests directly to the user who is looking
for a particular service or product. Thus
they can benefit from the local business through Google Maps.
Facebook Ads: Facebook helps
local businesses the most. They show ads to your specified radius around your
business. And users around that radius
will see your ads on Facebook no matter whether they search it or not. In result, they get to know about your
business even if they don’t require your service at that moment. They are referred to as the seeds for future.
Pricing:
Google Adwords: Google
Advertisement pricing is also different for separate industries. Google only
charges for Cost Per Click (CPC). Approximate average CPC is given in the image below.
Facebook Ads: Facebook
Advertisement cost is different for individual industries. The image below shows
advertising cost respective to CPC and
CPM. CPC is the cost per click to your website,
and CPM is the cost per 1000 impressions or views of your advertisement.
Engagement:
Google Adwords: Google has review and rating systems to give the
users a brief idea about the brand. But users cannot interact with the business
directly.
Facebook Ads: Facebook allows users to interact directly with the brand representative through
messaging, comments and shares. Users can also review the products on Facebook.
Ad quality:
Google Adwords: Google ads are just plain bold text. Though they are straightforward and simple, they are efficient in engaging visitors to your
advertisement.
Facebook Ads: You can post Graphics, photos or an entire carousel
for advertisement. These additions can make your ad fancy rather than boring plain text. It drives the audiences to
your advertisement.
From 2012 to 2016, percentage of total amount spent on
Facebook advertising is 17.1%, 19.9%, 22.1%, 25.1% and 27.3% where percentage
of total amount spent on Google advertisement is 22.2%, 21.7%, 23.1%, 29.2% and
31.6% in total digital advertising value each year in the UK. This statistic shows
that Google is on top of the advertising market, but the increasing rate of Facebook definitely indicates
towards some special features that
force the people to spend money on
advertising their business.
Charles K Carillo
Power Online Solutions, LLC
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