This story was originally published on Boston.com’s Small Business Blog.
One of the questions that I often get from small business owners is, “how much is a Facebook fan actually worth to my business.” My answer is almost always the same. “Zero, unless…”
Depending on what methodology you believe, a Facebook fan could be worth upwards of $100 or as little as $1.00. Some have speculated that fans are worth $10, based on brands advertising on Facebook and the number of impressions they get with actions taken. But until (and unless) Facebook becomes a standalone marketing channel for a small business, it’s going to be nearly impossible to determine what a fan base is worth. In other words, if a business has 100,000 engaged fans but can’t equate what they drive in terms of dollars, they’re worth very little. Read more…





















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