Facebook Ad Optimization Checklist To Increase Conversions
- 22 Aug 2019
Are you having trouble getting conversions with your Facebook ads? Feel like you’re just throwing your budget away with each ad boost you do? Lucky you, we’ve made an optimization checklist with this year’s trends to help you create effective Facebook ads and improve your pay-per-click strategy in no time.
Here’s your Facebook Ad Optimization checklist for 2019:
- Plot Out Your Strategy
- Translate Data Into Ads
- Look Beyond Facebook Ads
Ready to run ads like data-driven and success-based digital marketing agency like us? Let’s start!
1. Plot Out Your Strategy
Posting Facebook ads can be tricky. That’s why we first need to know why we’re going to use Facebook ads for your campaign before we dive into the checklist. This will help you create a solid Facebook ad campaign that you can further optimize with the checklist. Look at these tips on how to optimize Facebook ads in 2019. You’re welcome.
To create a successful Facebook ad, you need to know what your objectives are. You need to be precise when it comes to thinking of a target. It’s easy to say “conversions,” but there are many types that need to be considered, such as acquiring leads, sign-ups, or through a product sale. Facebook defined the advertising objectives for you, which we will discuss later.
Brand Maturity and Marketing Priorities
Is my business a start-up or a household name already? Honestly answering this will help you set key performance indicators (KPIs) and the priorities of creating a Facebook advert. It will also decide on the budget, target audience, and overall strategy of your Facebook ad.
Did you know that for 2019, Facebook users amount to 2.41-billion worldwide? Unless you’ve got an unlimited budget, the chances are you won’t be able to reach everybody on the social media network. Moreover, not everyone you can reach is interested in your product.
That’s why one of the secrets to an effective Facebook advertising is to know who your audience is. Knowing who will most likely click on your ad and purchase your product is important. This particular knowledge can affect how you allocate your budget, messaging, and other resources.
Where do you want to capture your audience or potential customers after clicking your ad? Are you going to use a landing page or an app? Does your digital infrastructure have tracking codes in place? Does your app have deep links?
Having a well-built digital infrastructure will help you not just in having a higher chance of getting potential customers, but receive important data that will help you get an idea on how to optimize Facebook ads in the future.
Current Analytics Data
How do you find out if your Facebook ad is successful? Obviously, through your KPIs such as cost-per-conversion (CPA), click-through-rate (CTR), average-order-value (AOV), and customer lifetime value (CLV). Study previous data on your Facebook ads manager, regardless if it’s for organic or boosted posts. This can be your starting point when setting targets for your ads. Later on, data from your previous tests and ads can be used to create higher converting Facebook ads.
2. Translate Your Data Into Ads
Now that you have a general direction for your ad objective, it’s time to translate all that into a strategy to start your ad. Take a look at these ad optimization techniques that you can apply to your own campaigns.
What exactly is a conversion? A conversion is an action a person takes on your page or website. It can be anything from registration, adding an item to the shopping cart, or simply viewing a particular page.
Conversion tracking, on the other hand, is one way for you to follow the movements of the people engaging with your page or website. This can be done using Facebook Pixel to track your visitor’s actions. With a few lines of code from Facebook and standard events, you can track the activities of your website’s visitors.
Alternatively, you can create custom conversions based on the Facebook ad guidelines in the events manager. You can use this to define further visitor actions that should be tracked.
Choose the right Facebook Marketing objective
Facebook has three marketing objectives to help social media marketers steer their campaigns in a general direction. Choose the right one according to the needs of your business/digital marketing campaign.
Nobody paying attention to your business? Maybe you don’t have a strong following yet, or perhaps your business is still new? You can create ads to generate interest, reach, and awareness about your product/service. It’s telling people what you or your product can offer or valuable.
This is one way to get people to seek more information about your business. Usually, this type of advertising objective creates a campaign that will encourage people to visit your website or page. Doing this will increase website traffic, engagement, app installs, video views, messages, and lead generation.
This is the objective that gets people to purchase or use your product/service. Conversions campaigns will encourage people (your potential customers) to stop by the store, page, or website to purchase something. Conversions, catalog sales, and store traffic are expected to increase if done right.
Know your audience
Who are the people that are most likely to purchase your product or avail your service? It can be hard to single out every person on the internet on your own. Good thing Facebook can lend a helping hand with this when you enter information about who your audience may be like the location, gender, age, and language.
If you want to take things up a notch and be a little bit more specific, Facebook allows you to create custom audiences. You can manually upload a CSV file with the data you’ve gathered from a trade fair, email sign-ups, etc. Just make sure to read the Facebook advertising guidelines first. Alternatively, websites with Facebook Pixel will allow you to retarget anyone who has visited your page.
Layer targeting audience to pinpoint buying intent
Apart from demographics and location, you can take your ad to another level by using a layered targeting. This Facebook advertising tip goes well beyond the demographics. Using the social media platform’s ads manager tool, you can pinpoint buying intent by targeting education level, work status, financial income, home type, life events, and other buying behaviors.
Create Lookalike Audiences
Facebook took its targeting capabilities one step further with a Lookalike Audience. No, it won’t search for people who look like you or any celebrity. What the algorithm of this Facebook ads optimization tool does is it searches for new people who are most likely interested in your business based on the characteristics and qualities of a previous custom audience.
It does this by identifying the common qualities of the people targeted in your previous ad campaigns. Facebook then searches for similar profiles to create a larger audience and potential reach; hence, the term lookalike.
Choose an Ad format
Posting ads on Facebook is more than simply uploading an image/video and waiting for the pay-per-click algorithm to kick in. Marketers need to put more thought into the overall user experience with the right ad format for optimal reach and engagement. There are four major ad formats for Facebook that you need to know and maximize. Check out the ad sizes and other specs to create a Facebook ad campaign.
The most basic ad format. One way or the other, all ads on Facebook – regardless if it’s a video or not – need an image relevant to the product or service. Images can be used to increase brand awareness, engagement, reach, and even store traffic.
The recommended dimension for an image is 1200 x 628 pixels, with a minimum width and height of 600 pixels. The aspect ratio can be anything between 9:16 to 16:9. File sizes need to be jpeg or png format. Take note that images with 20 percent or more might not pass Facebook’s guidelines.
Did you know that video generates 12 times the shares than texts and images combined? If you want to grow your brand’s reach, using video ads is a must. It’s a compelling format that can run on both Facebook and Instagram.
It’s recommended to upload the highest resolution possible. Make sure to tick upload in HD in the settings. Minimum dimension is 600 x 315 or 600 x 600. Like image ads, aspect ratio should play between 9:16 to 16:9 or 1:1. As for formats, MP4 or MOV are accepted for video ads with a maximum file size of 4GB and a length of 240 minutes.
Do you have several products that you want to showcase? If so, carousel ads would be fit perfectly for your campaign. It allows you to upload ten images/videos in a single ad. Another great feature for carousel ads is that each image/video can have its own link. This type of ad format will do wonders for various ad objectives, well, pretty much every single one.
Carousel ads need to be 1080 x 1080 pixels in size for both photo and video. You can post a minimum of two “cards” and a maximum of ten. Max image size is set to 30 MB, while videos can go up to 4GB. This type of ad works best with any mobile platform, thanks to the swipe function of the gadgets today.
If that isn’t enough to increase your brand’s reach and engagement, Instant Experience ads should do the trick (if executed right, that is). It can mix carousel, image, video, and other formats into one cohesive ad. For specs of images or videos, you just need to take a look at what was mentioned above since it’s a mix of those ad formats. The instant experience is best for iOS and Android devices.
Ad creative is an image/video that contains the visual attributes of an ad. We already know that the ad text shouldn't take up to 20% of the photo. Aside from that, it’s suggested to have colorful ads when you advertise on Facebook to easily attract attention. To have better ads, you also need to make sure that it has the “conversion trinity formula” – relevance, value, and call-to-action. Don’t forget to include your main proposition on the image of the ad to make it easier for people to get an idea of what it’s all about and spark curiosity.
How do you know if an ad is working? Is there a way to optimize it for future campaigns? Of course, there is, and it’s called A/B testing. It’s essentially experimenting with two or more variants of an ad to find out which gets better results based on data received. There are several benefits that you can get from A/B testing. These include improved engagement, reduced bounce rates, increased conversions, and it easier data analysis. With the results, you can adjust alter your digital marketing strategy to bring in better return-of-investment (ROI).
Facebook allows users to schedule posts and publish it when they see it fit, depending on your budget. To find out the best time and day to post-run your campaign; take a look at your page insights to understand better when your audience is most active on Facebook.
Another way to find out the best time is to try dayparting. It is the practice of running ads on a specific time and day. Based on your past data, you can extract the best time of the day you can run campaigns.
Use Campaign Budget Automation
The fantastic thing about using Facebook is its automation. More specifically, the Facebook budget optimization, which allows you to create certain rules that automatically adjusts to your budget for an ad campaign.
Facebook’s Rules and Automation
Not enough time to manage all the ads you’re running? Enter Facebook automation rules for ad campaigns. Like budget automation, you can pre-set rules based on KPIs such as likes, shares, lead generation, etc. When the conditions are met, Facebook will run your ads, effectively saving you time. It will, however, require a little effort on trial and error.
3. Look Beyond Facebook Ads
There are quite a few things that you can do to maximize conversions beyond this Facebook ad optimization checklist and the social media platform itself. Allow us to give you an idea on how to do that.
Landing Page Optimization
Landing pages will play a huge part when it comes to conversion rates. After all, this is usually the place where you send your target audience to engage with your business/service. That’s why it’s important to optimize it.
There are many ways you can optimize your landing page to increase conversion-rate-optimization (CRO). There are options like making your offer clear, simplifying it, and using an effective call-to-action.
Just a side note - conversion-rate-optimization (CRO) focuses on the ability of the landing page to convert visits into conversions. It’s an important metric that will help you see and decide on things that need to be improved upon or what to test out.
A successful Facebook campaign does not only translate from having great content or engagement, but you should also look after your conversions and see what efforts worked best. Here are a few takeaways:
- Have a cohesive marketing objective. It does not only apply to Facebook but also in all aspects for taking care of your brand.
- Inspect your data as often. This is also an effort in knowing your brand and the possibilities that you can solve in your campaigns.
- Thanks to Facebook’s clear and straightforward marketing objectives, this tool greatly contributes to your targeting and reach.
There you have it—an in-depth Facebook ad optimization checklist for this year. We hope that this helps you learn how to advertise on Facebook effectively.