A Primer On Facebook Advertising For Beginners
They are part of the Facebook’s world and we can’t do anything about it. You know you’ve glanced at them on your newsfeed as you looked at pictures of your childhood crush’s new baby but you’ve probably ignore them. The truth is somebody’s clicking on them – thanks to Hubspot handy infographic, Facebook’s ad revenue increased from $1.9 billion in 2010 to over $12 billion in 2014. The numbers are increasing despite of the birth of Snapchat. Good thing, Facebook acquired Instagram which is a great addition to their network. Yes, these kids might spend more time on these social networks but apparently their parents who have buying power spend on Facebook. A Primer On Facebook Advertising For Beginners Benefits of Facebook Advertising Do Facebook ads work for you? Knowing what Facebook ads can do for you is very important to determine your goals. It’s huge With over 1.4 billion people using this space, there is no single platform with as great a reach to the people who are interested in your exact message. More than 700 million people visit Facebook every day on their phones and tablets. 64% of Facebook users visit the site every day. Chances are, the customers you’re trying to reach are using Facebook. It’s streamline Facebook identifies audiences based on very complex factors beyond a user’s profile. You can choose the audiences that see it by location, age, interests and more. It’s flexible Though Google is now challenging Facebook for intent-driven marketing, the latter can still be used as a customer acquisition (using the right strategy), as well as a great place to create brand awareness. It’s mobile I’ve mentioned earlier that Facebook acquired Instagram which means they include its 500 million users who access the app only through mobile devices. Facebook Advertising Objectives Before we get too deep into ad unit details, here are some of the marketing goals that Facebook can help you achieve: Drive more people to visit your website Get website conversions Raise brand awareness Promote a product catalog Get more people to like your Facebook page Promote your app Get video views Generate leads or sales for services or products Drive more Facebook page engagement Get more visitors to your store Get more attendees for your event Types of Facebook Ad Units Before you create your first campaign, it’s crucial to better understand the different Facebook ad types. The good thing about Facebook is whatever your campaign’s objective is, there’s a type of ad for it! Facebook Ad Placement To reach your audience across devices, Facebook has carefully adjusted its advertising offering to better suit the needs of its users.Your ads can appear on Facebook different places which include: Desktop News Feed Mobile News Feed Right Column Instagram Audience Network Some placements may have higher costs and has effective results than the other depending on the objective and audience. Facebook Ad Creatives Suppose you’re done choosing your ad placement, you will now create an and choose a creative for the ad. Here are your options: Static Image Image Carousel (see image below) Video Carousel Single Video Canvas With regards to the type of creative chosen, it can affect results and total costs depending on your marketing objective and audiences. Facebook Ad Types 1. Click to Website Ads Do you want to see more people visiting your website, in hopes of getting them to purchase your product, fill up your form, or sign up for your newsletter? These are the ads for you. Type: Direct Response Objective: You’re trying to send people to important sections of your website. Bidding: People within your targeted audience most likely to click the link in your ad. Metric(s): Cost per Click (CPC), Click-through Rate (CTR). 2. Website Conversion Ads If you’re looking to boost stagnant sales, then Facebook has the ads that can help you increase your sales or bring in the leads you need. Type: Direct Response Objective: You want users to take an action on your site (make a purchase, sign up, install an app, etc.). Bidding: Targeting people who are likely to convert from an ad. Note: Facebook only determine users who are likely to convert if there’s a significant conversion volume within the first 24-48 hours. Metric(s): Cost per Acquisition (CPA), Conversion Rate (CVR). 3. Page Post Engagement Ads Type: Brand awareness Objective: You want to get more people seeing, liking, commenting on and sharing your Facebook ad. Bidding: People who are more likely to engage on your Facebook ad. Metric(s): Cost per Engagement (CPE), Engagement Rate, Video Views (if applicable). 4. Page Like Ads Are you looking to increase your Facebook likes? When someone likes your Page, your posts may appear in their News Feed, along with posts from their friends and family, so you can increase awareness of your business and meet new customers. Type: Brand awareness Objective: You want to increase the number of likes on your Facebook page. Bidding: People within your chosen audience who are likely to click on the Like button for your Page. Metric: Cost per Like (CPL). Example of Page Like Ad 5. Video View Ads Facebook receives over 4 billion video views per day. According to Adobe, shoppers that view videos are 1.81X more likely to purchase than non-video viewers. Are you looking for the best way to ensure people remember your brand and come back to your site? Then the answer is Facebook video ad. Type: Branding awareness Objective: You want to bring your business to life with Facebook video ads (behind-the-scenes footage, product launches or customer testimonials). Bidding: People within your audience who are likely to click or watch your video ad. Metric(s): Cost per Video View, Average Length of Video View, Video Engagement Rate. Facebook has the ability to create an audience based on people who’ve previously viewed your video content. Marketers can remarket the users who have viewed a video in an ad. 6. Mobile App Install Ads Are you struggling to get customers to download your