Facebook Ads - Basics for Beginners
The power of Facebook ads
These days, ads on Facebook are taking a bigger and bigger place on the platform. This is a direct result of the change in the new Facebook algorithm that causes organic reach to drop to almost nothing compared to the achievable reach of paid reach (Facebook Ads).
If you have a business page on Facebook, you have probably already noticed the drop in your organic reach. It means that the content you create is getting lower reach compared to the past few years, even if it is good, relevant content. However, using Facebook Ads is highly effective for reaching an unlimited amount of your target audience and it can help you to grow your business. get new leads, and drive more sales. Therefore, getting to know the Facebook Ads basics is critical in order to stay in the "Facebook game"!
In this article, I am going to share with you the Facebook Ads - Basics for Beginners
Like on LinkedIn, there are different types of Facebook ads that you can use for different marketing goals.
What ad types exist on Facebook?
Setting up a campaign
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You’ll have to select what kind of spending you want to do for your advertisement and what goal you want to achieve with your advertisement.
On Facebook, there are two options:
Now, you can set up the Marketing Objective for your advertisement. There are three types of advertisements that can be selected, with different objectives:
1) Awareness: Advertisements that have their goals set to Awareness can help with creating interest in your product or service among people. Under Awareness, there are two sub-categories: Brand Awareness and Reach
Brand Awareness - These ads aim to increase product awareness. These don’t emphasize interactions like purchase, opt-in, or click-through. The goal of brand awareness ads is to create high brand recognition amongst their users instead of focusing on conversions and revenues. The goal of brand awareness is to get your brand/product/service out there so people will know that it exists.
Reach - Ensures that within your target audience and budget, the maximum amount of users are going to be exposed to your ad. It helps to focus on a smaller audience and make those users click on your website, CTA, or even convert on your website. With this option, you should try to maximize the reach of your target audience within your budget.
2) Consideration: Advertisements that aim to get people to consider purchasing your product/service and have them start looking for information about it. It's kinda the next step of the awareness objective. Under Consideration, there are 6 sub-categories: Traffic, Engagement, App installs, Video views, Lead generation, Messages
Traffic - Advertisements that are useful when the objective is to drive traffic outside of Facebook. A good example is listening to a podcast, reading a post, getting to know a new application, and more. Facebook shows these ads to people within your target audience based on their past behavior.
Engagement - If you want more users to engage with your ad, then this option is a good fit. Engagements help generate more page likes, event responses, or offer claims. It can help with building an engaged audience for your Facebook page that can be used for future advertising campaigns (Retargeting).
App installs - These ads are useful when you want to send users to an app store so that they can download your application.
Video views - These ads are useful when you’re promoting your video for a higher number of views. These ads help users to engage with each other and enable the creation of an audience that can be used for future advertisement campaigns. The video ad type is the best among all the other ads so pushing its reach with video views may be a great thing to do because video has high engagement considered to other ad types.
Lead generation - Ads that can help generate leads without leading users outside Facebook. This allows you to collect user details like name, email address, phone number, etc. You will need to connect a 3rd party software that can integrate the created leads to your CRM or email marketing software.
Messages - These ads aim to convert users’ interest in a product to a successful sale of conversion. It targets people who are more likely to respond through messenger. It takes the user into their Facebook Messenger. Here they can communicate with a chatbot or a representative who can act as customer support or provide product information.
3) Conversion: This is the final step. The conversion advertisements provide encouragement for the process of decision-making of users to buy/use your product/service. You use this objective when you want the end result at the very end of your sales funnel. Under Conversion, there are 3 sub-categories: Conversions, Product catalog sales, Store visits,
Conversions - Ads that aim to get you more website registrations, service registrations, sales, or any sort of action on your website that you want. This is really the part of the sales funnel where you want users to take action.
Product Catalog Sales - These ads help to promote your e-commerce store and its product portfolio. This involves integrating your product catalog with Facebook so that it can be used for future campaigns.
Store visits - It can help in generating direct foot traffic to your location, helping deliver ads based on the user’s current location.
Image credits: pixabay.com
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The next part of the setup:
After choosing a Marketing Objective, You’ll have the option to check “Budget Optimization”. This feature determines if you split your budget evenly between all the variations, and if you don’t check this feature, then Facebook will spend more of your money on the best-performing ads of yours.
For example, you chose the "Conversion" objective for the campaign. Now, you can use the Conversion Pixel and choose your desired conversion event on your website which can be a purchase. You need to add Facebook Pixel to your website if you want to track this data.
The next step is to choose if you have an offer or not. If you do then you have to connect your Facebook page and then create an offer for example “20% off your next purchase”. It includes the offer title, details, start/end date, where people can redeem the code (Online or offline), you also have the opportunity to add a unique code that users can use. There's also an advanced option causing that people will not be able to share that offer (There won’t be a share button). You basically need to choose that option if you don’t want a lot of people to be exposed to that offer. Users still can copy the link of the offer, but sharing it will not be easy as sharing Facebook posts.?
The next step is to choose a variable, which means that you choose what exactly you want to test. This can be Creative, Delivery Optimization, Audience, Placement.
After that, you need to select your audience.?
Now, you choose the placements of the ad. Facebook suggests you use Automatic Placements because it knows the best where it should put the ad to gain maximum engagement from your targeted audience. If you are specific about where you want your ad to be placed then you need to select “Edit Placements”. And then you can select exactly where your ad will be positioned.
The next section is Delivery Optimization. This gives Facebook the option to look at a specific aspect of an ad like conversions and determine which ad performs better under this aspect. It means that Facebook will optimize the ad delivery based on how many conversions each ad gets. You can also enter "Cost Control" which is the average cost per purchase that you wish to get. For example, if you sell T-shirts, then you may not want the average cost per purchase to be $20 because then you will lose money.?
Another option is "Conversion Window", which gives Facebook the option to optimize your ads based on the number of conversions that happen in the time frame you choose.
The next options are Split Test Budget & Schedule. This basically means that you can choose different budgets and times for the A/B tests. For example, you can run the A/B tests all the time, or on a specific date and for a specific budget.
The final step is to actually set up your ad. You give the ad its name, tie it to your Facebook page/Instagram account. And then you choose the Ad format (Carousel, Single Image, Video ad, etc.).
What you should do / shouldn’t do with your ads:
Image credits: Pixabay.com
Do:
Don’t:
Important tips to remember:
To conclude, Facebook Ads are one of the most common ways of paid advertising. Using it the right way while optimizing your ads can get you many new leads and sales, so knowing its basics will help you to save a lot of time and money.
- Article by Barak Zamler
I Help Tech companies transform their vision into paying products. Proven success with $100M+ Industry Leaders, Align your product with customers and investors in 90 days
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2 年It is a very comprehensive guide. Thank you. Just what I needed.