Friday, July 13, 2012

Fake fans and likes are no fake risk to Facebook's reputation


The BBC’s expose that up to 6% (that’s 54 million) Facebook profiles may be fakes created by fraudsters using software to generate fake likes for ads and brand pages could represent a significant risk both to Facebook and its customers — advertisers, marketers and PR firms —.if both it and them don’t take appropriate action.
Facebook’s reaction seems, a little complacent, although their point about building in proper targetting is well made.
The question for marketers and PRs is how to play this with clients. If you play it down as a small proportion of users outweighed by a vast majority of genuine fans and likes, what do you say if the problem grows, as spam has done – to represent more significant numbers and in the geographic areas and demographic groups you’re targetting?
How can you recommend a Facebook campaign if the credibility of it as a channel through which to interact with target customers is under question? Would they be happy that up to 6% of their money spent on Facebook would be wasted on fake fans and likes? Those with a glass-half-full mindset may be happy to carry on given that, as per Lord Lever’s adage, you rarely know which bit of your marketing spend is wasted and which working (although these days monitoring as a lot better than it was then, if you can pay for the right tools). But what about the others who aren’t happy that some of their budget will be wasted on fake likes?
Perhaps, at least for now, the line with clients will just to be accentuate the positive — concentrate on the 94% of fans who will be real and to whom your carefully-wrought messages will reach and hopefully have the desired effect.
But for that line, and your advice, to continue to have any credibility, Facebook has to be seen to tackling this problem seriously and soon. If it doesn’t, it won’t just be its reputation which takes a hit — it’ll also be those of marketers and PRs recommending it unreservedly for marketing to undifferentiated groups to their clients.
Some clients might see such recommendations as evidence of you being just another firm recommending expensive campaigns which benefit you financially regardless of how effective they may actually be for them. And that would only lead to more client churn, less stability in revenues and profits and more time acquiring new clients rather than organic growth by building long-term relationships (and hopefully campaign spend) with those who can totally trust your recommendations.
The question for you, then, is are you doing transactional or relationship marketing? The answer will partly depend on how much you see client churn as inevitable, not matter what you do. Sure, some clients will never be happy and will always go off in search of their perfect agency which they’ll never find. But for the rest, surely retaining as many as you can, particularly in these tough times, makes sense. Ok, some may not be that profitable now, but once a recovery comes, as it surely must, that situation should change as marketing budgets increase. And that’s when your reputation as a source of trusted advice will help you compete against your many rivals and maximize your revenues and profits.
As ever, your reputation will be a key source of competitive advantage if you look after it properly. So absolute transparency with clients over what Facebook can and can’t do for them and what it takes to use it effectively will be essential, for both them and you.
It may prove to be a coincidence that the story surfaced on Friday the 13th, but for Facebook that may prove to be an unhappy omen unless they can take sufficient action soon to shore up their service’s credibility with the marketing, PR and advertising communities and stop the damage extending to those who recommend using it.

No comments: