Now a days their are a lots of ways to advertise our products on the world we can use TV channels, Social medias, websites, ptc sites, and many many more, and most of those marketing places are paid and we need to pay money for advertising our companies and we get a lots of customers from that, but does using free advertising platforms will get the intended amount of customers for our business?
Is advertising on free marketing platforms have good outcome?
- Thread starter kirubel
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- #3
Yeah we can use Facebook and other social media to advertise our products and business by creating pages and groups, then adding peoples, but it will be some how hard to get well known.
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- #5
Personally those advertising platforms with payment for advertising have a lots of opportunities than those the free advertising one, but still we can get some outcome from using free advertising platforms, but not like the paid one.
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- #7
True, one can choose good advertising place based on the outcome, if a business owner wants a good outcome and needs to reach to a lots of customers and to the society they need to use paid advertisement options.
While free online advertising platforms like Facebook and Instagram can drive brand exposure rapidly due to massive user bases, conversions and return on ad spend often underperform paid channels with more qualified traffic. To maximize outcomes, target interests precisely, retarget liberally, emphasize conversions, and experiment diligently before scaling budgets. Some verticals still thrive efficiently on free networks.
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- #11
You are right, the free advertising options have lower ability and it can't cover many areas, but the paid advertising options have more coverage and can reach customers easily.
Free advertising platforms can be an attractive option for businesses, especially those with limited budgets. However, there are limitations to consider when relying solely on free advertising platforms. While they offer visibility, the level of targeting and customisation may not be as robust as with paid advertising.
That's the downside when you make use of free advertising methods and in most cases you might not be able to reach out to enough persons compared to when you make use of paid adverts.
This can be a big disadvantage for businesses looking to expand their audience and increase their customer base. With paid advertising, you can reach a larger, more targeted audience and enjoy a higher return on investment.
Yes, this is why it is very important every business make plans for advertising, create a budget for just advertising alone. This would help prevent unnecessary spending or spending into company funds.
A well-defined advertising budget enables businesses to track their return on investment accurately. By monitoring the effectiveness of different advertising campaigns within the allocated budget, companies can make informed decisions about future marketing strategies.
