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Wei	
  Kuan	
  Lum,	
  Sr.	
  Director,	
  Acquisi6on	
  @	
  Care.com	
  
Scaling	
  Facebook	
  By	
  Hand	
  
#MAU2015
The World's largest online destination for care. We connect families with great
caregivers and caring companies to help you be there for the ones you love.
Care.com	
  
#MAU2015
Care.com	
  
Facebook	
  –	
  Get	
  In,	
  Get	
  Crazy	
  
YoY: Scaled 10X, 20% CPA Reduction
#MAU2015
Roadmap…	
  
•  Campaign Development
•  Definitions 101
•  A View of the FB Acquisition Curve
•  Campaign Types & their Value on the Curve
•  Look-a-Likes
•  Interest Group Targeting
•  Video Ads
•  Creative Hacking & Management
•  Training the FB Algo
•  Speed Bumps
•  Wrapping it Up…
#MAU2015
NavigaDng	
  the	
  OpDons	
  
TargetingBidding
Options
Creative
Structure
oCPMCPI/CPA
Click/Views
IG
WCALALs
How many?
ButtonsStyle
Campaign
AdsAd Set
#MAU2015
TargeDng	
  101	
  –	
  DefiniDons	
  
Look-a-likes Interest Group Website
Custom
Audiences
Email List Uploads
Nest the Audience
- 10-9%
-  9-8%
-  Etc…
Keywords used to
ID existing & new
audience traits
Retargeting Pixel
Video Ads
Drive Views &
Conversions
Keep Audiences >1MM, “Perfect Audience” size varies by Vertical
#MAU2015
Facebook	
  –	
  Campaign	
  Acq	
  Curves	
  
Interest Group Targeting
Lookalikes
WCA
Video Retargeting
CPA/CPI
Conversions
#MAU2015
LALs…	
  Exclude,	
  Exclude!	
  
Look-a-likes
Email List
•  Slice & Dice
Exclude, Exclude!
Final Audience Size is
Key
•  Keep It Broad (e.g. Age
Range, etc.)
•  Unless Audience is too
Large (e.g. 20MM)
•  Age Range
•  Actives vs Inactives
•  Engaged
•  Returning
•  Churned
•  Vertical/Product
•  Keep Lists Fresh –
Timeframe!
#MAU2015
Interest	
  Group	
  –Audience	
  Developm’t	
  
What Do I Like to
Read?
How Do I Relax?
What Are My
Hobbies?
Who Do I
follow?
Interest Group
Psychological
•  Brands
•  Politics
Social
•  Likes
•  Spend Time
•  Events
Emotional
•  Book types
Practical
•  Products Used
#MAU2015
LALs	
  +	
  IGs=	
  Incremental	
  Volume…	
  
Exclude,	
  exclude!	
  	
  
Look-a-likes
Email List
•  Slice & Dice
Exclude, Exclude!
Final Audience Size is
Key
•  Keep It Broad (e.g. Age
Range, etc.)
•  Unless Audience is too
Large (e.g. 20MM)
Psychological
•  Brands
•  Politics
Social
•  Likes
•  Spend Time
•  Events
Emotional
•  Book types
Practical
•  Products Used
Interest Group
Watch & Prune: Targets
Can Compete
#MAU2015
IG	
  TargeDng	
  –	
  SOPs	
  
Interest Group
Test: Place the Targeted Individual
into “Interests” section
#MAU2015
Video	
  Ads...Increment	
  the	
  Curve	
  	
  
Video Ad
Capture New Audience
•  Views = Qualification
Retarget Video Viewer
•  Keep It Broad (e.g.
Age Range, etc.)
•  Unless Audience is too
Large (e.g. 20MM)
•  -10%-+15% CPA
#MAU2015
CreaDve	
  –	
  Hacking	
  for	
  Scale	
  
How Well Can Your Target Do?
Creative is King… So test, learn, Rinse & Repeat
•  Creative determines the ability for a target segment to scale.
•  Each creative has it’s own “reachable audience” so many cases, campaigns
need multiple creatives
•  One Size Does Not Fit All: Creative fatigue varies by vertical
•  Make it Relatable! (To IG Target, To Audience)
Optimize budget for creative
Reach = X
Reach = X+Y
Reach = X + .5Y
#MAU2015
Managing	
  CreaDve	
  TesDng	
  
Color Filter Messaging Style Image Type Style of Image
Filtered •  Syntax (Punctuation) # of items Person in Action
Native •  Sell Message Types # of people Person + Product
Bright •  Short Sentences Wilderness, Store, Park
Dark •  Title Case Logo vs Not
Multi-Product Ads… A Few Thoughts
•  Awesome CTR Play
•  MPAs set the new bar for CTR threshold and Auction Eligibility
•  It’s a Balance!
•  Skew towards CTR? CPA/CPI is too high
•  Skew Targets CVR? Deliverability Suffers
#MAU2015
Training	
  the	
  FB	
  Algo	
  
Campaign Structure
•  Naming Convention –Determine Performance W/o the Double Click
•  Platorm_DEMO_IG_Targets_Other Target_Date
Choosing Bidding Types
•  Going for scale? oCPM
•  Is Scale is penultimate to Budget? CPI
•  Not both
Pixel Placement? Provide Sufficient Signal
•  Less Optimized Funnel?
•  Choose a Point Higher in Funnel, Measure on Backend
•  Short, Highly Optimized Funnel?
•  Choose an Optimization Point Downstream
#MAU2015
Determining	
  Budget	
  
Setting Initial Budget Impacts Performance Dramatically…
Pre-Work to Campaign Creation…
•  Think About Your Businesses: What is my allowable CPA?
•  How do I give FB budget to run & provide the algo sufficient signals to remain valid?
•  Don’t Go to Big or Too Small with Budget
•  Enable FB to Receive the Right Signals at the Right Cadence!
•  Monitor.. Monitor…Monitor!
#MAU2015
Possible	
  Speed	
  Bumps	
  
Algo is Sensitive & Still in Development:
•  Finicky campaign history results in slow and very manual rebound:
•  Be Cautious: Campaigns and ad “death” occurs within hours of a campaign or ad
being turned off, without ability to regain prior high performance.
•  FB is Not Google: One cannot turn off a high-performing ad and expect it’s prior
efficacy or scale to return
•  With delayed UI, misfires with top campaigns = very manual ramp back
•  UI sometimes locks an advertiser out from building campaigns
Negative feedback loops Exist!
•  Ad/Campaign CVRà influence account conversion rate à reduces conversion
rate across other campaigns.
•  Optimizing towards different conversion points in same portfolio can cause competition
and set a new conversion rate
Fine Balance between CTR and CVR
#MAU2015
Possible	
  Speed	
  Bumps	
  
Fine Balance between CTR and CVR
Key Challenges/Learnings
“Instablity”
•  Interest Group targeting can fatigue quickly, and without notice
•  “De-dupes”: IG can compete, even if they once did not (What’s hot today changes).
Cannibalization occurs, resulting in volume tanking
•  Make sure creatives are great but not too awesome. (cannibalize other ads)
UI can be very delayed or not work,
•  Less than optimal decision-making
#MAU2015
In	
  Summary…	
  
•  Be Willing to Get Crazy… Be Obsessive
•  Be Creative, Leave No Stone Unturned
•  Be Patient
•  Have Grit
•  Questions/Comments/Keep the Convo alive?
•  LinkedIN Profilel:
https://www.linkedin.com/in/weikuanmarketinganalytics
•  Email: weikuan.lum@stanfordalumni.org or wlum@care.com

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Mau 2015 scaling facebook at care.com

  • 1. Wei  Kuan  Lum,  Sr.  Director,  Acquisi6on  @  Care.com   Scaling  Facebook  By  Hand  
  • 2. #MAU2015 The World's largest online destination for care. We connect families with great caregivers and caring companies to help you be there for the ones you love. Care.com  
  • 3. #MAU2015 Care.com   Facebook  –  Get  In,  Get  Crazy   YoY: Scaled 10X, 20% CPA Reduction
  • 4. #MAU2015 Roadmap…   •  Campaign Development •  Definitions 101 •  A View of the FB Acquisition Curve •  Campaign Types & their Value on the Curve •  Look-a-Likes •  Interest Group Targeting •  Video Ads •  Creative Hacking & Management •  Training the FB Algo •  Speed Bumps •  Wrapping it Up…
  • 5. #MAU2015 NavigaDng  the  OpDons   TargetingBidding Options Creative Structure oCPMCPI/CPA Click/Views IG WCALALs How many? ButtonsStyle Campaign AdsAd Set
  • 6. #MAU2015 TargeDng  101  –  DefiniDons   Look-a-likes Interest Group Website Custom Audiences Email List Uploads Nest the Audience - 10-9% -  9-8% -  Etc… Keywords used to ID existing & new audience traits Retargeting Pixel Video Ads Drive Views & Conversions Keep Audiences >1MM, “Perfect Audience” size varies by Vertical
  • 7. #MAU2015 Facebook  –  Campaign  Acq  Curves   Interest Group Targeting Lookalikes WCA Video Retargeting CPA/CPI Conversions
  • 8. #MAU2015 LALs…  Exclude,  Exclude!   Look-a-likes Email List •  Slice & Dice Exclude, Exclude! Final Audience Size is Key •  Keep It Broad (e.g. Age Range, etc.) •  Unless Audience is too Large (e.g. 20MM) •  Age Range •  Actives vs Inactives •  Engaged •  Returning •  Churned •  Vertical/Product •  Keep Lists Fresh – Timeframe!
  • 9. #MAU2015 Interest  Group  –Audience  Developm’t   What Do I Like to Read? How Do I Relax? What Are My Hobbies? Who Do I follow? Interest Group Psychological •  Brands •  Politics Social •  Likes •  Spend Time •  Events Emotional •  Book types Practical •  Products Used
  • 10. #MAU2015 LALs  +  IGs=  Incremental  Volume…   Exclude,  exclude!     Look-a-likes Email List •  Slice & Dice Exclude, Exclude! Final Audience Size is Key •  Keep It Broad (e.g. Age Range, etc.) •  Unless Audience is too Large (e.g. 20MM) Psychological •  Brands •  Politics Social •  Likes •  Spend Time •  Events Emotional •  Book types Practical •  Products Used Interest Group Watch & Prune: Targets Can Compete
  • 11. #MAU2015 IG  TargeDng  –  SOPs   Interest Group Test: Place the Targeted Individual into “Interests” section
  • 12. #MAU2015 Video  Ads...Increment  the  Curve     Video Ad Capture New Audience •  Views = Qualification Retarget Video Viewer •  Keep It Broad (e.g. Age Range, etc.) •  Unless Audience is too Large (e.g. 20MM) •  -10%-+15% CPA
  • 13. #MAU2015 CreaDve  –  Hacking  for  Scale   How Well Can Your Target Do? Creative is King… So test, learn, Rinse & Repeat •  Creative determines the ability for a target segment to scale. •  Each creative has it’s own “reachable audience” so many cases, campaigns need multiple creatives •  One Size Does Not Fit All: Creative fatigue varies by vertical •  Make it Relatable! (To IG Target, To Audience) Optimize budget for creative Reach = X Reach = X+Y Reach = X + .5Y
  • 14. #MAU2015 Managing  CreaDve  TesDng   Color Filter Messaging Style Image Type Style of Image Filtered •  Syntax (Punctuation) # of items Person in Action Native •  Sell Message Types # of people Person + Product Bright •  Short Sentences Wilderness, Store, Park Dark •  Title Case Logo vs Not Multi-Product Ads… A Few Thoughts •  Awesome CTR Play •  MPAs set the new bar for CTR threshold and Auction Eligibility •  It’s a Balance! •  Skew towards CTR? CPA/CPI is too high •  Skew Targets CVR? Deliverability Suffers
  • 15. #MAU2015 Training  the  FB  Algo   Campaign Structure •  Naming Convention –Determine Performance W/o the Double Click •  Platorm_DEMO_IG_Targets_Other Target_Date Choosing Bidding Types •  Going for scale? oCPM •  Is Scale is penultimate to Budget? CPI •  Not both Pixel Placement? Provide Sufficient Signal •  Less Optimized Funnel? •  Choose a Point Higher in Funnel, Measure on Backend •  Short, Highly Optimized Funnel? •  Choose an Optimization Point Downstream
  • 16. #MAU2015 Determining  Budget   Setting Initial Budget Impacts Performance Dramatically… Pre-Work to Campaign Creation… •  Think About Your Businesses: What is my allowable CPA? •  How do I give FB budget to run & provide the algo sufficient signals to remain valid? •  Don’t Go to Big or Too Small with Budget •  Enable FB to Receive the Right Signals at the Right Cadence! •  Monitor.. Monitor…Monitor!
  • 17. #MAU2015 Possible  Speed  Bumps   Algo is Sensitive & Still in Development: •  Finicky campaign history results in slow and very manual rebound: •  Be Cautious: Campaigns and ad “death” occurs within hours of a campaign or ad being turned off, without ability to regain prior high performance. •  FB is Not Google: One cannot turn off a high-performing ad and expect it’s prior efficacy or scale to return •  With delayed UI, misfires with top campaigns = very manual ramp back •  UI sometimes locks an advertiser out from building campaigns Negative feedback loops Exist! •  Ad/Campaign CVRà influence account conversion rate à reduces conversion rate across other campaigns. •  Optimizing towards different conversion points in same portfolio can cause competition and set a new conversion rate Fine Balance between CTR and CVR
  • 18. #MAU2015 Possible  Speed  Bumps   Fine Balance between CTR and CVR Key Challenges/Learnings “Instablity” •  Interest Group targeting can fatigue quickly, and without notice •  “De-dupes”: IG can compete, even if they once did not (What’s hot today changes). Cannibalization occurs, resulting in volume tanking •  Make sure creatives are great but not too awesome. (cannibalize other ads) UI can be very delayed or not work, •  Less than optimal decision-making
  • 19. #MAU2015 In  Summary…   •  Be Willing to Get Crazy… Be Obsessive •  Be Creative, Leave No Stone Unturned •  Be Patient •  Have Grit •  Questions/Comments/Keep the Convo alive? •  LinkedIN Profilel: https://www.linkedin.com/in/weikuanmarketinganalytics •  Email: weikuan.lum@stanfordalumni.org or wlum@care.com