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Meat & Potatoes to
Replace Pie In the Sky
Lessons in FB Advertising
2
The problem: Gurus. Gurus everywhere.
3
Facebook Ads feel like a hurricane.
4
Let’s talk, folks. About real strategies.
5
The most common issue I see
Did you know:
“Our results have tanked”
is usually related to
“We can’t spend anymore”?
6
“Where did our results go?”
How Advertisers
Typically Use
Facebook
8
The reality of the auction
Your targeted population is more than you’re actually
reaching.
It says this:
9
But it’s really this…
Conversion
campaigns generally
have the highest
CPMs
Facebook recommends
50 conversions/week/ad
set for Conversion
campaigns.
Advertisers frequently
try and optimize
towards a high-value
action.
…and then campaigns
do cruddy.
Likely to
convert
Likely to watch
video Likely to
engage
with post
10
Meat & Potatoes Tip: #1
Use Other Campaign Types to
Create Buying Funnels
Aka
“Funnels & Facts”
11
You gotta branch out
12
You need to try the opposite of what you’re doing!
Acquire
CHEAPER
Pay MORE for
consideration
Pay MOST for
action
13
Funnels = Friends
Use cheaper campaign types
to cast a wide, cheap net and
identify interested users.
Lower Stakes = Lower Cost
• Users who watched 10sec of video
• Users who interacted with posts
• Submitted lead ad
Warm Audience
Hot, Hot, Hot!
• Video Views
• Reach
• Website Clicks
• Post Engagement
• Website Clicks
• Reach
• Conversion
Site visitor
retargeting
Site visit retargeting
14
My current favorite funnels
Optimize for
Add to Cart
RT to Cart
Abandon
Optimize for
Engagement
RT to
Engagers
Optimize for
Video Views
RT to
Viewers
15
Facts.
Video view funnel: 301% ROAS aggregate
16
Facts.
Engagement funnel: $44.67 CPA aggregate
17
What do you actually have?
Make a list of things that could be used as creative and/or creative
messaging.
(You might be surprised how much content you can repurpose that you never thought about.)
18
Assign user commitment levels
Low: Little to no effort on the part of the user; passive in
nature
Medium: Low time commitment.
• User in control of consumption.
• Trading value for a chance to reconnect with
them (i.e., email capture)
High: Time/effort commitment for user
19
Step 2
Campaign Types
20
Use assets to determine campaign types & new
audience builds…
• Got videos?  Video view campaigns
• Downloadable content  Lead ad campaigns
• Healthy conversion data  Conversion campaigns
21
Step 3
Audiences
22
Audiences
• Email lists
• Website traffic
• Engagement audiences based on campaign types
23
Meat & Potatoes #2
What You Might Be Doing Wrong With
Creative
24
Why creative matters to your media cost
Higher relevance score
Lower CPM, more
reach
25
Stack that social proof
Ad Set A Ad Set B
26
Stack that social proof
Ad ID
Social
Proof from
Ad Set 1
Social
Proof from
Ad Set 2
Social
Proof from
Ad Set 3
27
Stack that social proof
28
Stack that social proof
29
Reuse, reuse, REUSE!
Remember how I told you to run PPE
campaigns as a funnel?
Make sure you use that creative ID in your
conversion campaigns.
30
Meat & Potatoes #3
What Do You REALLY Know About Your
Facebook Ad Audience?
31
Facebook wants (and needs) to be more than a Feed
32
It’s amazing when you use the right things
33
Understanding users actions on a deeper level
Users did this, and then how many then did that?
34
Example: Does social interaction mean anything?
35
Yep! Use insights like these to drive funnel creation
36
Don’t miss out on non-obvious user actions that mean $
37
Retention over time date ranges
38
Weeks away from the dates listed
39
Voila! Retention over time
40
Retention over time by cohort
41
Another area to mine: Messenger
42
Hmm. Conversations seem to convert…
43
“Chatbots are a waste. Total shiny object.”
44
P.S. This is not a small opportunity
45
Meat & Potatoes Tip #4: Chatbots? Whuuuuuut are
those?
Automated conversations via a flow of triggers, questions, answers, and options
for the user.
• MobileMonkey
• ManyChat
• ChatFuel
46
Visual Builders
47
Exhibit A: Give me recipes!
48
Exhibit B: Let’s spend money!
49
Exhibit C: Help me choose something
50
I decided to test remarketing ads using a bot
51
And I tested it against ads for email list sign-ups…
$8.01 per email sign up
23% open rate
5-10% clickthrough
52
The results were pretty neat…
$2.17 per sign up
100% opened
100%
clicked/interacted
53
Clients are embracing the scale & automation…
• Product: education curve. Inexpensive, but
intimidating
• The strategy: remarket to those who didn’t
sign up, offering to answer questions.
• The results: 18% CTR, 8 out of 10 contacts
wound up purchasing
54
You are now impervious to BS!
55
And can take control over smart testing!
56
“Btw, who are you, again?”
susan@susanwenograd.com
Give me a shout!
www.susanwenograd.com
@SusanEDub

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MnSearch Summit 2018 - Susan Wenogard – Meat and Potatoes to Replace Pies In the Sky (Lessons in Facebook Advertising)

Notes de l'éditeur

  1. Relevance score influenced heavily by social interaction and CTR
  2. If you want to build the social proof while the creative runs in other campaign types, you can simultaneously run it in an Engagement campaign to accrue faster