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1 8 Golden Rules for Sure-Fire Success with Facebook Ads

8 Golden Rules for Sure-Fire Success with Facebook Ads

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8 tips to help you bolster your Facebook advertising--as presented by Arik Hanson at Social Media Breakfast New Ulm on Nov. 21, 2014.

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8 Golden Rules for Sure-Fire Success with Facebook Ads

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what we’ll coverThe state of Facebook ads

Types of Facebook ads

Case studies

Best practices

Questions?

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Bio Stuff:* @arikhanson* Independent* Blogger* Schells!•#GoGophers

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The State of Facebook Ads

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First things first…you might have noticed Facebook ain’t exactly “free” these days.

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Social ads are projected to be 19.5% of total ad spend by 2017

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Stated objectives of social media advertising

Branding: 45%

Direct: 16%

Both: 45%

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Facebook lingo overload

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Types of Facebook ads

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• Where it shows up: News feed, right-hand side of page, or in search results.

• Why you use it: Spur engagement or traffic to off-domain URLs.

• Suggested metrics: likes, comments, shares, impressions, page views.

Page post ad (most common)

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• Where it shows up: Right-hand side, news feed

• Why you use it: To spur page likes • Suggested measurement: Page

likes, cost-per-click

Page like ad (second most common)

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• Where it shows up: News feed• Why you use it: Promoting to existing

fans and friends of fans (also cheaper than other options)

• Suggested measurement: Impressions, engagement

Promoted post

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• Where it shows up: mobile news feed• Why you use it: retarget consumers

who have visited one of your web destinations

• Suggested measurement: clicks, conversions

FBX (retargeting)

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• Where it shows up: News feed• Why you use it: drive downloads of

mobile apps and use of Facebook apps

• Suggested measurement: clicks, conversions

Mobile download ads

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• Where it shows up: can be used on all ad types

• Why you use it: Segment your audience based on existing customer database information

• Suggested measurement: depends on ad type

Audience matching

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Case Study #1

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What was our approach?

• Test imagery early and often—and maximize those that

perform well

• Stretch limited advertising budget ($5,000 over 3-4

months)

• Boost engagement among fans with proximity to shop

• Drive traffic—both in-store and online

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Small spend=making promoted posts work for us

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Lesson #1: A little bit of budget

goes a lllooonnnggg ways.

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Lesson #2: Facebook=the ultimate

traffic driver.

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• $50 total spend• Ran for two days• Visuals we knew performed well• Almost 12,000 impressions• Primary objective: Drive traffic

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Lesson #3: Believe it or not, you can

“sell” on Facebook.

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• $125 spent• 111,000+ impressions• Goal: Drive in-store traffic• Target: Nearby zip codes, interesting: health/wellness

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By the numbers

• Increased traffic to C4C.org by 95% YOY

• Increased number of impressions 284% over previous

three months

• Boosted referral traffic from Facebook by 229% over 2013

• Increased Page Likes by 114% in three months

• 398% increase in page post likes, 388% increase in post

comments and 333% increase in post shares.

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Case study #2

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What was our approach?

• Build an audience on Facebook using page like ads

• Drive engagement through page post ads

• Then move to using a mix of page like ads (to fuel page growth) and promoted posts (to spur engagement among existing fans)

• Raise awareness for the Green Line opening in 2014.

• Promote events along the Green Line as a way to drive interest in local businesses.

• Build traffic and momentum for local businesses.

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Page like ads did the heavy lifting early on

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Page post ads focusing on unique restaurants really spurred engagement—and that pride factor.

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Lesson #4: Don’t forget, your

existing fans are your BIGGEST

FANS. Evoke that pride with your

Facebook ads.

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Promoted posts were cost-effective amplifiers

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Lesson #5: Test. Tweak. Amplify.

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Still don’t think Facebook ads are worth it?Still don’t think Facebook ads are worth it?

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By the numbersGrew page from 170 likes to 5,308 in 18 months

17,723,702 impressions driven by Facebook ads.

19,421 post likes

1,359 post comments

Total spend: $15,944 (over two years; roughly $600-$800 per month)

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Case study #3

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What was our approach?

• Build an audience on Facebook using page like ads.

• Drive traffic to BikeWalkMove.org—specifically to timely blog posts—using page post ads.

• Raise awareness for biking/walking among key audiences in Minneapolis/St. Paul

• Solicit input/feedback from Facebook fans on key topics around biking/walking

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Lesson #6: Identify your best

visual assets—and plan

Facebook ads around

them.

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WITH Facebook ad support.

WITHOUT Facebook ad support.

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Topic: Quicker to drive or bike in the city?

Topic: More cost-effective to drive or bike?

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Lesson #7: Amplify engagement-focused posts to spike likes, comments and shares.

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Lesson #8: Do your homework.

Give fans what they want.

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By the numbersGrew page from 106 likes to 1,720 likes in 9 months

33,960,248 impressions

14,777 clicks

CPC: $.61

Spent: $8,983

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8 Tips:• A little bit of budget on Facebook goes a lllooonnnggg ways

• Facebook advertising=the ultimate traffic driver

• Believe it or not, you can actually sell on Facebook

• Don’t forget, your existing fans are your BIGGEST FANS. Evoke that pride.

• Build. Amplify. Engage.

• Identify your best visual assets—and plan ads around them.

• Amplify engagement-focused posts to spike likes, comments and shares.

• Do your homework. Give fans what they want.

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Trends/Upcoming Changes

“Creative” must get better

Page like ads might be dead

No more “selling” in the newsfeed

Increased focus on mobile

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q + a

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