This article will give you six tips to help improve your
return on your Facebook ad investment.
#1: Do Your Research
Watch other Facebook ads and take a look at their
techniques.
You won’t be able to see a list of all of the ads that are out
there right now, but you can watch the ones that are being
served to your demographic. You can see all of the
current ads that would target your profile by going to
Facebook’s
Adboard.
#2: Use Your Image Well
You don’t have much space to grab someone’s attention on
Facebook ads. You have a 25-character headline, 90 characters in the
body and a small 110 x 80 pixel picture (in reality it displays as a
100 x 65 pixel photo). The best chance you have to grab
someone’s attention is with the photo.
If you are using Sponsored Stories, the ad defaults to your
profile picture or the post picture if you choose to promote a
specific post. But if you promote your Facebook
page or an external website, you can select the
image you want to use.
Make the image work harder for you by adding text.

Add text to an image to give a call to action or special offer.
#3: Craft Your Sponsored Story Post
If you choose to run a Sponsored Story post, craft your
posts on your page to fit the ad space. Sponsored Stories
can be cheaper to run than a traditional ad (see tip #4) but you will
lose the larger picture and it will default to your current page
profile picture.

Make your status updates fewer than 90 characters if you are going
to use them as a Sponsored Story.
If you have a link in your post, make sure it’s going to your
own site—ideally where someone can sign up for something (i.e., a
free report, webinar, targeted opt-in page). You don’t want
to pay to send traffic to someone else’s website!
If you include a YouTube link in your post, people will be able to
watch the video easily from the ad
#4: Split Test Your Efforts
Split test all of your advertising! When you design your campaign,
you can split test the variables between your ads so
that you get the cheapest clicks and find
out which ads are performing the best.
Here is a short list of things you may want to split test:
- Body of your ad
- Photo in your ad
- Headline of your ad (only for external URL)
- Bidding model (CPM vs. CPC—more on this in a bit)
- Sponsored Story vs. regular ad
Split testing the body, photo and title of your ad is fairly
straightforward. Make sure you are only changing one thing at
a time so you don’t confuse the results.
Note: In the new Facebook ads layout, you can no longer change the
title of your ad for your Facebook page with the workaround of
advertising it as an external URL.
#5: Watch Your Results
As with everything, it’s the return on your investment that
matters. Watch how much it costs you to achieve your
objective and make sure you have realistic expectations.
The ads that perform the best on Facebook typically are either
promoting a Facebook page or advertising something free. Advertising
something free that requires an email opt-in can be a great strategy.
You can then start connecting with those people via email and
social media.
Set your expectations correctly. A typical
click-through rate on Facebook is 0.04-0.05%. You may see better
results if you pick an ad model that works well for you and
do your testing.
Local businesses can benefit from Sponsored Like Stories because
many people have a lot of local friends on Facebook, as shown in this
example from Vernon Area Public Library.

Vernon Area Public Library only spent $0.44/per Like to acquire
158 new connections.
Analyze your results so you can make adjustments.
In this example, I split test the CPC bidding model and the CPM
bidding model, keeping all other variables the same. Even in this
limited example, you can see that the CPC model cost me $1.39 per
Like (connections) vs. $6.50 per Like in the CPM model. I would
suggest a longer testing period, but you should be able to see a
favorite after 10-20 clicks.

Even though this is a small sample size, you can see that CPC is
outperforming CPM.
#6: Get on the List for Facebook Offers
Facebook Offers are starting to roll out to smaller businesses.
Facebook Offers appear in the news feed and have great potential for
going viral. You can find out more about how this works at Facebook
Offers.
Offers will be free to create, but are still in the beta stage as
of this writing. You can sign up to be on the list to enable
Offers on your page.
Back to You
I hope this gives you some great tips to take your Facebook
marketing efforts to the next level.
What do you think? Are you advertising on Facebook? What
has been working well for you? We’d love to hear about it
in the comments section below.
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