Right now I’m working on a social media project on Russia’s largest social networking website, Vkontakte, you may remember me mentioning it in previous posts.
Vkontakte is extremely popular among Russians and Ukrainians with an audience of 85,932,676 people. Despite its similarity to Facebook, there are some crucial differences to be aware of and I’m undertaking a comprehensive analysis to ensure a cost-effective and professional campaign. The way the advertising business works in Vkontakte reminds me of Facebook in its early days when they wanted to outsource all advertising business to external agencies. Thankfully, this idea didn’t last long and died out when users realised that Facebook was simple enough to manage adverting campaigns and avoid paying extra to third parties. Now Vkontakte promotes the services of the Media Plus agency, as their official advertising partner and sends visitors looking for advertising opportunities to their website http://www.mediaplus.ru/.
On its main page Media Plus proudly introduces itself as the exclusive advertising agency for Vkontakte. Russians are partial to using the word “Exclusive”. I don’t understand why it’s being used in this context, as I found plenty other agencies offering the same services as Media Plus for promotion on Vkontakte. Nevertheless, I contacted this agency to find out what services they offer and their pricing schemes. It’s clear that advertising on Vkontakte is in high demand and is expensive. Unfortunately, Media Plus doesn’t provide any information in English, so I had to translate and convert the prices from Roubles to GBP using an online currency converter, which means the pricing in this post is not a hundred per cent accurate.
A part of my job is to create a fan page for a chain of English language colleges, attract an audience and entice them to visit the company’s website. А fan page in Vkontakte is called a Group or Группа. The Exclusive Partner promises to create a group for only 1,100 GBP ex VAT, moderation is roughly 650 GBP per month which mainly involves filtering spam and updating content. Active moderation costs 1,100 GBP per month. For this you get twenty discussions and a hundred comments monthly, competitions, opinion polls, video uploads, audio content, etc. Promotion of the group is done through banner advertising. I am not sure whether it’s included in the cost of running a group per month as the information provided by the sales person was confusing. All content is provided by clients. We’ve decided to create a group without external help and now I’m looking only at advertising opportunities. My findings will be covered in future posts. Frankly, I’m very pleased that I’m going to work with Вконтакте as I heard so many controversial things about this site and can’t wait to experience how it works in practice