Uncovering advertising capabilities of the social media powerhouse.
We have all seen ads on Facebook and many have even run Facebook Ads campaigns. With its audience of almost 3 billion users, a wide variety of ad types, and precise targeting options, Facebook is the number one choice for digital advertising among many types of business.
In this article, we provide an overview of Facebook Ads, why Facebook advertising is so important for lead generation and brand awareness, as well as tips and best practices on running facebook ads and measuring their effectiveness.
Facebook Ads is a tool created by Meta Inc., which allows businesses to create targeted ad campaigns on one of the most popular social media platforms in the world.
Such campaigns can reach millions of people, selected according to their interests, behavior patterns, contact information, and demographics.
In the current digital landscape, running Facebook Ads provides businesses with indispensable opportunities for engaging with target audiences, attracting new customers, and increasing brand’s visibility. As studies show, currently, there are over 2.9 billion active Facebook users globally, who spend on average about 38 minutes on the platform daily. Additionally to these astounding numbers, Facebook boasts highly precise targeting capabilities, above-average engagement rates, a wide array of ad campaign types, and integration capabilities. Let’s explore each of these aspects in more detail.
As Sheryl Sandberg, the former chief operating officer (COO) of Meta Platforms, said, “Social media is not just a marketing tool; it’s a way to build a community and create a tribe of loyal customers.” What makes running Facebook Ads a highly desirable way of advertising a brand is a combination of the following factors.
When launching an ad campaign on Facebook, marketers can adjust who is included in the targeted audience according to multiple criteria, such as sex, age, geographic location, interests, and history of previous activities. All of these allow to increase a campaign's effectiveness while cutting down its costs.
Facebook also has a high level of user engagement. Research shows that over 70% of users actively engage with ads on the platform, significantly higher than other social media platforms. This means that Facebook advertising can deliver significant results for businesses.
Facebook offers a large number of different campaign types, which allows companies to pick the most relevant ones, based on their goals and audience traits. Each ad type on Facebook serves different marketing goals and can be tailored to fit specific audience needs. Below, is a detailed overview of each type of ad that can be run on Facebook:
As a part of the Meta ecosystem, Facebook supports deep integration with Instagram, another Meta product, as well as other digital platforms. These allow companies to use Facebook Ads to effectively grow their audiences across multiple channels at once.
Facebook ads have comparably low budget requirements while offering a high return on investment (ROI) due to their flexible pricing structure and precise targeting. A company can set a daily or lifetime budget that aligns with its goals and control costs effectively. Additionally, Facebook's robust analytics tools set enables marketers to track ad performance in real time and optimize campaigns to enhance engagement and conversion rates even further.
The effectiveness of ads run on Facebook can be measured through Ads Manager, which serves as the central hub for campaign management and analytics. It provides access to detailed metrics such as impressions, clicks, click-through rates (CTR), conversions, and return on ad spend (ROAS). Meanwhile, Audience Insights provides demographic and interest-based data about the audience engaging with ads.
Additionally, A/B testing capabilities are useful to compare different ad variations to determine which performs best, while Facebook Pixel is a powerful tool that tracks user interactions on a website after they click on an ad, enabling companies to measure conversions and optimize campaigns based on real user behavior.
Let’s take a look at the general steps required to run a new Facebook ad campaign.
First of all, it is important to set clear goals, defining what you want to achieve with a new campaign. In most cases, it is boosting brand awareness, attracting new traffic to a website, or increasing conversion. Each of the goals requires a different approach to advertising, so it is essential to work them out beforehand.
Use built-in Facebook to assess your clients’ demographics, their interests, and preferences. The more precise is audience segmentation the better, since your ad campaigns are going to have higher conversion. Facebook ad targeting can be categorized into three main types.
As we saw in the previous chapter, there are a dozen types of ads available on Facebook. Each of them is more suitable for a particular case and less suitable for another one. For example, carousel ads are perfect for showcasing a line of products or several options, while story ads are suitable for creating more interactive content.
Here are the steps to perform, after accessing Ads Manager via your company’s Facebook account.
To run Facebook Ads as effectively as possible, it is essential to set a correct budget. The platform offers two main budgeting types.
If you are just starting with Facebook Ads, we’d advise to start with smaller budgets and test various ad types and campaign strategies without too high risks.
Several tips to make the most of your Facebook ad campaign.
Launch a few different ad campaigns with small budgets to identify which ads resonate best with the audience. For instance, you might run three variations of an ad featuring different images or headlines.
Use Facebook's analytics tools to monitor the performance of your ads. Pay extra attention to clicks, conversion, and cost per action (CPA). For example, if one ad has a significantly lower CPA than others, it indicates that this ad is more effective at prompting uses to make a desired action.
Once you've identified the best-performing ads, gradually increase their budget to maximize reach and conversions. This will help to capitalize on successful campaigns while minimizing risks.
Effective planning of when to show your ads plays an important role in their overall success. Identify peak times for the target audience with Facebook Insights. Scheduling your ads to run during these periods of the highest activity can significantly enhance visibility and interactions.
Leverage Facebook's delivery optimization. Depending on your ad campaign goals, you can optimize it for clicks, impressions, or conversions. This feature allows Facebook's algorithm to display the ads to users who are most likely to take the desired action, improving overall campaign efficiency.
Use high-quality vibrant images in ads to showcase products in action or short videos that tell a compelling story about the brand.
Create concise and persuasive text that touches directly on your audience's needs and interests. Focus on the benefits that are exclusive to your product or service. For example, instead of saying "Our facial serum is great," use something like "Experience a radiant glow in just two weeks — backed by our satisfaction guarantee!". A positive tone fosters goodwill and highlights the benefits of the product or service in a way that appeals universally. Also, emphasizing availability or fast delivery, can build trust and remove final doubts of making a purchase.
Incorporate strong calls-to-action (CTA) in the ads to guide users towards taking the next step. Clear CTAs like "Shop Now," "Sign Up Today," or "Learn More" can significantly improve engagement rates. For inspiration, look at high-performing Facebook Ads that effectively use CTAs to drive user action.
As tools for creating AI content get more and more sophisticated, it is a must for marketers to be familiar with them and leverage their capabilities widely. For example, Headway, an edtech startup, integrated AI tools such as Midjourney and HeyGen into their marketing efforts. The company utilized AI for various aspects of ad production, including subtitles and voiceovers, particularly in user-generated content (UGC) video ads. These UGC ads accounted for 30% to 50% of subscriptions or signups for the platform’s free trials. As a result, the return on investment for Headway's video ads grew by 40%, achieving 3.3 billion impressions in the first half of 2024.
Even if you've just created and run a perfect Facebook campaign, it makes little sense if you’re not going to track its performance. Here is what you should know about it.
It can be said with 100% confidence that in the current state of the digital marketing landscape, running Facebook Ads is essential for companies looking to enhance their online presence and reach targeted audiences effectively. By implementing the best practices outlined in our blog you can effectively leverage the power of Facebook Ads to drive traffic, boost sales, and increase brand awareness. Remember, continuous learning and optimization are crucial for achieving lasting success in the ever-evolving world of Facebook advertising.
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