Facebook Targeting: User Acquisition

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Facebook Advertising Leveraging Facebook to Acquire New Customers Carly Rogers | @crodgers311

description

Social media campaigns have the potential to reach 1.32 billion users on Facebook, one of the most powerful tools available to marketers today. This Nanigans presentation outlines beginner best practices for using Facebook's native Ads Manager and Power Editor platforms.

Transcript of Facebook Targeting: User Acquisition

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Facebook AdvertisingLeveraging Facebook to Acquire New Customers

Carly Rogers | @crodgers311

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Why Facebook?

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Reach and scale

1.32B monthly active users 829M daily active users

1.07B mobile monthly active users20% of the world population

62% revenue from mobile ads92% of social marketers

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Targeting capabilities and audience segmentation

Device

•Type

•OS version

•Wi-fi connectivity

Affinities/Behavior

•Actions taken with sites and apps

•Offline purchase behavior

•Likes, interests, convos

Human Experience

•Local

•Real time (weather, events)

•Seasonality (mothers)

Demographics

•Age

•Gender

•Language

•Location

Social

•Relationship status

•Education level, college, major

•Employer, position

CRM

•Customers from your CRM database matched to Facebook profiles

•Friends of your fans/users

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Case study: Leading Online Retailer

Goal: Find new shoppers like their best shoppers

Strategy: Use lookalike audiences modeled after their most loyal customers to increase new customer base during the competitive holiday season

Results:

4X higher return on ad spend compared to other display ad channels

A top performing channel for new customer acquisition during the holidays

60% higher CTR using Facebook lookalikes over other display media

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Case study: Mobile Travel Company

Goal: Acquire new customers who would download their hotel-booking app and ultimately use it to book rooms

Strategy: Combine Facebook’s News Feed mobile app install ads with powerful targeting aimed at iOS users with interests such as “travelers,” “parents” and “golf.”

Results:

10X higher click-to-install rate from mobile app install ads compared to standard mobile banner ads

30% lower cost per install in key markets

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Social vs. Search

1. Create intent2. Capitalize on

intent3. Drive real results

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How will you leverage Facebook ads?

AcquisitionAwareness Engagement

How you define success will shape your marketing strategy on Facebook:

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Leveraging Facebook for customer acquisition

What you need to get started

How to create successful campaigns

- How to identify and reach your target market

- Which ad units to buy and why

Optimizing for best results

Maximizing your advertising budget

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Getting started

Facebook Ads Account (personal or business)

Credit card

Facebook Page for your business

Content

Target customer profile (or CRM data)

Landing page with conversion tracking

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Tools to create your Facebook ads

Basic:Ads Manager

More Advanced: Power Editor

Most Advanced: Facebook PMD

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Facebook Ads Manager

• Simple, easy to use• Auto-generate ads from the content

on your page or website• Optimize to get new users, increase

app engagement, or manually bid for clicks

• Define your audience using demographic information, broad categories, and precise interests

• Track conversions off Facebook• Create one ad at a time

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Benefits of Facebook Power Editor

Custom Audiences

Lookalike Audiences

Saved Target Groups

Partner Categories

Track conversions off Facebook

Optimize to conversions off

Facebook

Ad Placement Customization

Bid Types: CPM, CPC, or Optimized

CPM Bulk Ad Creation

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Getting started

Creative Targeting Optimization

Identify and reach your target audience

Create compelling ads which drive intent

Collect data and optimize to your performance goals

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Who are you trying to reach?

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Start with what you know

Location

Demographic

Online behaviors

Relationships

Education

Workplaces

Email, Phone User ID

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Leverage first and third party data

Interests

Broad Categories

Custom Audiences

Website Custom Audiences

Lookalikes

Partner Categories

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What do you want them to do?

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How to create a compelling ad

• Attract eyeballs with engaging imagery

• Ensure relevancy (targeting & delivery location)

• Drive purchase intent (demonstrate value, strong CTA)

• Focus on product (self-identifiable)• Keep messaging to the point• Focus on the newsfeed

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Facebook ad specs

Photo Ad

Image: 1200 x 900 pixels, 4:3 ratio

Text: 500 character “safe zone”

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Facebook ad specs

Link Ad

Image: 1200 x 627 pixels, 1:1.91 ratio

Post Text: 500 character “safe zone”

Link Headline: 1-2 lines

Display Link: 1 line

Description: 2-3 lines

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Facebook ad specsFacebook ad specs

Right hand column

Image: 254 x 133 pixels, 1:1.91 ratio

Post Text: 90 characters

Link Headline: 25 characters

Display Link: 1 line

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Delivery locations

Desktop

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Delivery locations

Mobile

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It’s all about relevancy

Demographic

Seasonality

Events

Online and offline behavior

Interests and activities

Post click experience – landing page

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Who am I?• Female• Born on March 11• Living in Boston, MA, USA• Married• University of Delaware Alumni• Employed at Nanigans• Interests:

• The Handle Bar• BostInno• Back Bay Yoga• Zappos• Fab.com• Allfacebook.com• Gilt City• Piperlime.com

• Recent Activity:• Ran 10.94 miles with MapMyRun• Favorited Culture at Nanigans on Slideshare• Added boots to shopping cart at SoleSociety.com

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Effective ads • Relevant to interests• Include social context• Seasonal• Product focused• High quality imagery• Drive intent through strong call to action

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Steps to setting up your campaigns

Upload Custom Audiences, create Lookalikes, and build Saved Target Groups

Build campaigns & ads

Define budgets and select bid type

Leverage Facebook’s conversion tracking

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Facebook account structure

Ad Account

Campaign

Ad set

Ads

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Facebook bid types

CPM (cost per 1000 impressions)

CPC (cost per click)

oCPM (cost per optimized* impressions)

CPA* (cost per action)

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Facebook conversion tracking

Create the pixel

Add the pixel to your website

Leverage oCPM bid type

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How to maximize your advertising budget

To start, use what you know about your target audience and build from there

Focus on creating high quality ads that will be relevant to your target audience

Limit test variables to glean meaningful learnings

Put your ads where the eyes are (in the News Feed!)

Not that all audience segments are the same, optimize for best results

Leverage oCPM bidding and offsite conversion pixels for better return

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Pro Tips: Optimization

Segment your target audience

Set up one ad set per audience segment

Test 2-4 ads per ad set (depending on budget)

Use oCPM bids to optimize to off-Facebook conversion events

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Pro Tips: Creative

20% text limit

Leverage call to action buttons with link posts

Use image sizes larger than the minimums to ensure highest resolution

Bold colors

Refresh creative often

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Questions?

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Carly Rodgers

Additional Resources: Thank You!

• https://www.facebook.com/advertising

• http://www.nanigans.com/blog/

• http://www.allfacebook.com/

[email protected]

@crodgers311

http://www.linkedin.com/pub/carly-rodgers/8/122/b93

Intro to Facebook Advertising

2014 Marketer’s Guide to Facebook Advertising

Getting Creative: The Secret to Facebook Advertising Success

e-books: