How much is your wall worth….$3.60
What’s the average facebook fan worth? According to a study conducted by Virtue, about $3.60. According to Virtue’s research a Facebook Page with 1 million fans is worth a minimum of $3.6 million in earned media annually.
Pulling from 45 million fans, sampling data across varying pages, virtue was able to determine a wall post impression to Fan ratio of approximately 1:1. In other words a page with 1 million fans can create 1 million impressions with a single post…Holy Moses smell the roses! Now post twice a day for a month and your creating 60 million impressions…wholly small country Batman! Any one who has put a PPC campaign together can appreciate this mind bending numbers.
To get to the $3.60 facebook fan valuation, Virtue assumed a $5.00 CPM, which gives a page with 1 million fans a value of $360,000.
So are you leveraging your social media assets to the fullest? This simple valuation puts the importance of a Facebook Fan acquisition strategy center stage. So grow that fan base, with Facebook Ads, kick ass apps and exclusive offers.
If you’re have questions about maximizing you Social Media ROI please give us a call, shoot us a message or throw up a quick smoke signal (the orignal twitter).
BD1i
Social Media Not a ‘Marketing Play’ for Starbucks – mediabistro.com: AgencySpy http://bit.ly/dnyfDM