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Facebook Advertising Boosts, Ads Manager, and Power Editor Breakdown plus best practices for small business social managers By Elliot Johnson https://www.linkedin.com/in/elliotjohnson ks

Facebook Advertising by Elliot Johnson

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Facebook Advertising

Facebook AdvertisingBoosts, Ads Manager, and Power Editor Breakdown plus best practices for small business social managers

By Elliot Johnson https://www.linkedin.com/in/elliotjohnsonks

You reached thousands of people (yay) but hardly anyone bought anything (boo).

This happens partly because you targeted people who dont know anything about who you are and what you sell. (Whats that you say? You targeted men and women aged 16 to 60? Sorry. Thats not a demographic. Thats a city.)

-TOD MAFFINSpecial to The Globe and Mail

My Experience

Began advertising two years ago for two movie projects Directed and managed over $4,000 of ad campaigns on Facebook Used a $1,000 budget that helped sell over $30,000 in DVDs in a 2 month periodRecently conducted a $750 campaign for Kansas Half Marathon that was pivotal in doubling the races revenue from 2014-2015.

Overview3 ways to create & monitor ads BoostsAds ManagerPower EditorStructureCampaignAd SetsAdsBest Practices

StructureCampaign or what do I want the audience to do?View video, engage with post, visit your websiteAd Sets or who exactly do I want to target? Demographics, website visitors (using pixel tracking), email lists, interests, behaviorsCombinations of many of the aboveAds or what creative do I want to serve?Pictures, copy, video, links

All of the above can effect pricing. You must monitor & react quickly.

3 Ways to Create AdsBoostsQuick 1-click ad launch button Limited targeting though options are expanding interests have been added plus saved audiences which must be developed through ads manager & power editor.No serving options, behaviors, advanced demographics, placements, and pricingAds Manager3 step ad creator (campaign, ad set, and ad)Simplified version of Power Editor Power Editor Chrome App used primarily by Advertising Agencies and Professional Social Media ManagersNew features delivered here first i.e. Instagram and mobile app ads months before Ads Manager inclusion Easier campaign search and archival options for working with many campaigns at once

With the latest feature additions, Ads Manager is the way to go for any social manager with limited resources.

Power Editor vs Ads ManagerCampaign or objective selection stepVery Similar though Power Editor receives newest objectives first

Ad Sets or targeting stepAds manager has made significant feature additions to make it comparable to Power Editor in the past 8 months (March 2015 November 2015)

Ads or adding the text, video, and/or picture Use Shutterstocks extensive photo catalog in Power Editor now in Ads manager, too!Ability tocreate ads using multiple images now in Ads Manager, too! Ability to set a Display URL now in Ads Manager, too!Extra characters allowed in the Headline with Power EditorEnabling multiple tracking pixels with Power Editor. Ads Manager can only track 1 currently.

*Source: Power Editor vs Ads Manager what are the differences? The Digiterati by Maria Page

Level by Level Comparison

Best PracticesBUILD OUT TARGETED AUDIENCESCan meet objectives easier, reach more, and with less costs by targeting audiences familiar with your brand and/or interested in your contentInvest time in ads managerSaved audiences can be used in the future in Ads Manager & Boost Level Need Time to build pixel based audience embed now to generate large enough audienceTargeted & relevant content will lower Costs Per Click/Impressions/EngagementMONITOR AD PERFORMANCECheck relevancy score and then reactLet Facebook determine cost but monitor fluctuation and performanceTest, pause, re-test theres no punishment to change ad You may notice that your suggested bid range changes over time. This is normal and it depends on several factors, such as:How many other people are competing for your target audience.Pricing increases which may impact how many people are competing.An increase in the suggested bid range because an ad's performance history isn't strong due to its targeting parameters or creative. Make sure your ad istargetedto the most relevant audience, uses clear language in the ad text, has a strong call to action, and has an eye-catching image.Use multiple audiences, images, and copy to find best performing ad (which will have lower costs)

Sources and more information:Facebook Advertising Home Information and Tips for Better AdsAds Manager vs Power Editor How to Create Custom Audiences on Facebook6 Unique Ways to Target Facebook Ads

Connect

LinkedIn: https://www.linkedin.com/in/elliotjohnsonksElliot Johnson, MBA Digital Marketing Professional