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Do they convert as well as adwords?
However, Bing has consistently outperformed Google on cost per conversion, keeping in mind the available pool of clicks is much less. Higher conversion rates, lower CPC and cheaper cost per conversion make it worth a test or two.
FB is much better suited for B2C offerings than B2B. The demographic profiling is superb if you sell a product/service into a very tight niche.
I just think the downside is that you don't know how in "business mode" the user is going to be when they see your ad. Typically people are on Facebook to chat to friends or be nosy and see what their friends have been up to!
Spot on, thats what I tell people you don't know where people are in the 'buying cycle'; i.e. researching, comparing, evaluating, ready to buy etc.
not sure which would be better for conversions on my main website.
adwords more flexible system than facebook. you could make not trivial ad strategy for reaching more people. we have thought adwords or facebook till choosing adwords.
i would suggest facebook, as it's less costly.
Adwords is always better than Facebook. I'm saying this because few days ago I worked with one of my website and advertise both in Facebook and adwords. But I got significant traffic from adwords than Facebook.