Hi,
I notice several corporations and big companies with really little following on Social Media, why is this?
Let's take Facebook for example, I work 9-5 for a corporate American company here in Ireland (home based) that only has about 10k followers. I also have an e-Commerce store since March and I started advertising on Facebook just about 6 months ago and now I have well over that amount and only spent around 1.5k $ for it so far and Facebook is driving a lot of traffic to my website, likes cost me an average of 11c each and I advertise across Western Europe, USA and Canada. USA/Canada likes are just 5c each, so Facebook advertising is overall pretty cheap and especially for big companies it would work out super-cheap and definitely have some sort of financial return even if they are mainly B2B and acquire customers in other ways. I could obviously say the same for other platform like Instagram, but I am particularly interested on Facebook.
So I wonder if I am missing something, or it is simply bad marketing strategy on their side? The same for medium-size companies.
I notice several corporations and big companies with really little following on Social Media, why is this?
Let's take Facebook for example, I work 9-5 for a corporate American company here in Ireland (home based) that only has about 10k followers. I also have an e-Commerce store since March and I started advertising on Facebook just about 6 months ago and now I have well over that amount and only spent around 1.5k $ for it so far and Facebook is driving a lot of traffic to my website, likes cost me an average of 11c each and I advertise across Western Europe, USA and Canada. USA/Canada likes are just 5c each, so Facebook advertising is overall pretty cheap and especially for big companies it would work out super-cheap and definitely have some sort of financial return even if they are mainly B2B and acquire customers in other ways. I could obviously say the same for other platform like Instagram, but I am particularly interested on Facebook.
So I wonder if I am missing something, or it is simply bad marketing strategy on their side? The same for medium-size companies.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
