With SMX East right around the corner, it’s a great time to start the conversation that will shape my talk in November – How to Structure Your Facebook Campaigns for Success. This can surely seem a daunting undertaking. There are so many levers to potentially pull, and so much information available on the topic that it can at times be overwhelming for even the most seasoned digital marketer. However, if you’re able to keep these two things in mind, you’ll be well on your way to establishing a sound foundation to scale your social program.
The first step is to simplify your account structure where possible. We all remember not too long ago when the typical Facebook account looked like this:
Multiple campaigns, dozens of ad sets, with you, the advertiser, struggling to identify the little pockets of performance to scale efficiency. Today, most publishers are recommending a more simplified approach, with Facebook (and Google) taking the lead for that recommendation. At my company, we’ve tested extensively into this simplified structure and found that for most of our clients it performs with better conversion rates and lower costs. This is because when using that simplified structure, you’re reducing the likelihood that you’ll have ad sets with significant overlap (which could cause increased costs if multiple ad sets are bidding for the same user in auction). Simplifying and reducing the number of ad sets per campaign also increases the data density for each ad set, which allows the algorithm to optimize more efficiently. When shifting to this more simplified structure, you’ll essentially be paring down all potential for campaign/ad set overlap, so that you go from a structure that looks like the above, to one that more closely resembles this:
The second item is something that I’m sure you’ve heard before but bears repeating – always be testing. With the numerous levers available in-platform, it’s imperative that you know the strategies that will enable stable performance for your evergreen campaigns. I’ve found that developing a roadmap to outline your test ideas, and (most importantly) to record the results, is the most straightforward way to approach this, and can be as simple as creating a G-Sheet. Some of the things to ask yourself as you’re thinking about testing can be:
- Do I know the bidding methodology that provides the best results for my business goals?
- Do I know the creative that is most engaging and encourages conversion for new customers? Potential customers who have visited my site but haven’t converted? Existing customers?
- How is customer lead quality (or AOV for e-commerce) impacted by serving impressions outside of Facebook and Instagram’s Newsfeed?
- Do I know the value of recent website visitors compared to older website visitors? Which are the segments of users I should bid up (or down) on?
Adopting an always-on mindset for testing is even more important considering a major change coming to Facebook in early 2020 – the removal of ad set budget control and the shift to Campaign Budget Optimization (CBO). At my company, we’ve tested into this new feature to better prepare our clients for the change, with relatively positive results. For most clients, testing into CBO and enabling real-time budget distribution based on performance results in increased conversion volume, with similar or more efficient costs.
However, because every business is different, there’s no guarantee that CBO will generate more efficiency or increase conversion volume for your account. If you haven’t already, it’s time to put it as a priority on your testing roadmap – that way you’ll be able to go into the New Year confident that you’ve figured out how to make this new feature work for your account.
I hope these insights give you confidence as you’re reviewing your existing Facebook structure, or considering a structure for a brand new account. If you’d like more information or just want to chat, please check out my session at SMX East this upcoming November!
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5 Effective Ways to Run Facebook Ads A/B Tests
Facebook Ads A/B Tests or split tests help them try different versions of ads with various campaign elements. This process helps them arrive at the best version for the organization’s target.
A/B Tests offer a vast pool of resources to try out various versions. You may get caught up and lose your way to arriving at the best version in a limited time. To better understand this topic you can read the Facebook ad testing guide. Here are five effective ways to run Facebook Ads A/B Tests-
1) Start with the minimal number of variables
This approach will help you analyze the impact of a variable much better. The lesser the variables, the better will be the relevant results and more conclusive. Once you have various versions, you will need to run them through the A/B Significance Test to determine if the test results are valid.
2) The second way is to select the correct structure.
There are two structures in A/B tests. One is a single ad test, and the other is multiple single variation ad sets. All the variations will go under one ad set in the first structure. Each variation will be under a separate ad set in the second one. Out of the two, the second one works out to be better and gives better results.
3) Use of spreadsheets is important to stay organized.
These spreadsheets help collect and analyze data to get meaningful insights and arrive at data-backed decisions.
4) Do target advertising and set realistic time goals.
One approach is to choose an entirely new set of audiences. Also, the data pool should be vast and not the same as some existing campaigns. The reason for choosing a different audience is that Facebook may mix up your ads and give contaminated output.
Another approach to choosing the right audience is to pick geography. It works better, especially when you have business in a particular region.
It’s also essential to set a realistic timeline for your testing. Facebook suggests one should run a test for at least four days, but you can choose to run the test for up to 30 days.
5) Set an ideal budget.
The concept of a perfect budget is subjective. But, you can fix it yourself, or Facebook can do that for you based on your testing data. A large part of the test budget is spent on avoiding audience duplication. If the same audience sees variations, it could affect the test results.
Besides these top five effective ideas, you will need to take a few more action points to make the testing process efficient. Make sure you put the website’s domain link and not the landing page link in the ad, as that doesn’t look good. Put appropriate Call To Action Button, such as ‘Learn More,’ ‘Buy Now,’ etc. It’s also important to see how your ad is coming across on various electronic gadgets- mobile, tablets, etc.
Another strategy that works is trying to engage the customer. You may add social engagement buttons such as ‘Like’ or ‘Comment.’ Use high-resolution images as they work better with the customers. Low-quality, highly edited images are often not liked and trusted by the consumers.
You can learn more about the audience behavior patterns with A/B test results. Conducting these tests on Facebook streamlines the entire process and makes it smooth for you. With the test results, advertisers and marketers can work on the creatives they need to utilize.
To sum it up, you can run an effective A/B test campaign within the specified budget. You don’t need to spend massive amounts to get your advertisement right. You’ll make the correct assumptions about the performance of variations with a good understanding of business and consumers.
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