Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Saturday, 14 September 2024

10 best marketing tips

 Here are ten effective marketing tips that can help improve your business’s reach and success:

1. Understand Your Target Audience

  • Know who your customers are, their pain points, and what drives their purchasing decisions. Use demographic and psychographic data to build detailed customer personas.

2. Utilize Content Marketing

  • Provide valuable, relevant content to attract and engage your audience. Blog posts, videos, and infographics can build trust and demonstrate your expertise in the industry.

3. Leverage Social Media

  • Choose platforms where your target audience is most active. Consistently engage with followers, create shareable content, and use tools like polls or live videos to increase interaction.

4. Search Engine Optimization (SEO)

  • Optimize your website and content for search engines to increase visibility. Focus on relevant keywords, meta descriptions, and improve page speed to rank higher.

5. Use Email Marketing Effectively

  • Build a strong email list and segment your audience for personalized communication. Offer value through newsletters, product announcements, and special promotions.

6. Influencer and Affiliate Marketing

  • Partner with influencers or affiliate marketers who have a large and engaged following. They can promote your products or services to a broader audience.

7. Focus on Customer Retention

  • It’s more cost-effective to retain existing customers than acquire new ones. Use loyalty programs, personalized follow-ups, and excellent customer service to keep them coming back.

8. Offer Free Trials or Samples

  • Allow potential customers to experience your product or service before committing to a purchase. This reduces the risk for them and can increase conversions.

9. Run Targeted Ads

  • Use platforms like Google Ads or Facebook Ads to run highly targeted campaigns. Tailor ads based on demographics, interests, and online behavior to reach the right audience.

10. Monitor and Adjust Your Strategy

  • Regularly analyze your marketing campaigns to see what’s working and what’s not. Use analytics tools to track performance and adjust strategies based on data insights.

Combining these tips will help maximize your marketing efforts and grow your business over time.

Thursday, 27 December 2018

Free Ebook to earn money online

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Wednesday, 19 December 2018

How To Become a Facebook Lead Generation Machine From The Leading FB Exp...

How to Test Your Way to Profitable Facebook Ads



How to Test Your Way to Profitable Facebook Ads

You’ve probably heard something like this before: “Just test everything. That’s how you succeed with Facebook ads.” It’s true. As long as you test plenty of ad images, copy, and target audiences, you’ll eventually find success with Facebook ads. But, and this is a big but, you need to have a well thought out, structured approach to split testing your ad elements. If you do that, you’ll understand what’s working and what’s not, and you’ll continually improve the performance of your campaigns over time. In this post, I’m going to outline a simple but effective method you can use to test your way to profitable Facebook ads.

Which Facebook ads factors should you test?
Let’s start by getting clear on what you need to test. Facebook ad creative has two main elements:

The image or video
The ad copy (text)

There are multiple parts to the ad copy as well:

The headline
The body
The link text description

Previously you could enter some custom text in the URL description as well, but Facebook has since removed this ability and now you can only enter a URL there.

To keep things simple, I’ll just refer to the copy as one element for now. The other main element you’ll need to test is your target audience. This is who you show your ads to. So to sum it up, at a minimum you’re going to want to test:

Different images or videos
Different sets of ad copy
Different target audiences

This can lead to an expensive number of combinations to test. Let’s say you have 3 images, 3 sets of ad copy, and 3 different target audiences. That’s 3 x 3 x 3 = 27 different combinations. If you’re spending $5/day per combination, that quickly jumps up to a $135/day in ad spend (27 x $5). How do you manage it all so you can still test your ads without requiring a large budget to do so? It’s all about prioritizing. Focus on testing the elements that make the biggest impact on your results first, and worry about things that make less of a difference later on. According to a study by Adespresso, your ad image has the biggest impact on performance, followed by the ad copy used in the body. This means you should focus on A/B testing images first. With that in mind, your initial ad testing might look something like this:

3 different images
1 set of copy
2 different target audiences

That brings it down to 6 different combinations to test. And it brings the cost down to a much more reasonable $30/day if you’re spending $5/day on each test. Got an even smaller budget? No worries. You could cut it back to 2-3 images, 1 set of copy, and 1 audience. The point here is to just make sure you’re testing the most important elements first. Then once you find which image is working best, you can take that 1 image and test it with 2-3 different sets of copy. This keeps the number of tests you’re running at any one time down to a minimum.
How to structure your campaigns, ad sets & ads

Now let’s look at how to set up your tests in the Facebook Power Editor. First, the campaign. Use one campaign per objective. If you’re running ads with a website conversions objective, they will all sit under a single campaign with that objective. Under that, I recommend having one ad set per ad that you’re running. This means if you have 6 ads to test, you will have 6 separate ad sets. If you group multiple ads under a single ad set, Facebook will pick a “winner” for you very early on. It will then stop showing the other ads to people. By creating separate ad sets, you ensure that you collect enough data to make an informed decision about which ads to keep on and which ads to turn off. So if you’re testing 6 different ad/audience combinations, the structure will look like this:

1 campaign
6 ad sets
6 ads (1 under each ad set)

Generally when I’m starting out I’ll allocate my total budget evenly across all ad sets. If the budget is $30 in this example, each ad set is allocated $5.

If you want to get even more granular, separate your ad sets based on placement and even demographic details in some cases.

For example, if you’re running ads in the news feed and in the right column, create one ad set targeting the news feed only, and another for the right column only. There are 2 reasons for this: 1. Performance can differ across placements. By separating them you can see which placement performs better and turn the other ones off. 2. The ad creative looks different for each placement. There’s far less text on a right column ad compared to a news feed ad. For that reason, use separate text (copy) for each placement to make sure you’re communicating your message effectively.
Interest targeting
Interest targeting is also another element to test. If you go this route, I recommend including only 1 interest per ad set. You can group very closely related interests in an ad set, but I suggest sticking to 1 if possible. Let’s say you’re interested in targeting people interested in growing an email list. You might pick interests like ‘Online Business’, ‘Gary Vaynerchuck’, or ‘Smart Passive Income’. You should put each of those interests in a separate ad set, rather than bunching them together. The only exception is if they are very closely related. For example, if you were targeting ‘Online business’ and ‘Internet Business’, you could put those together as they are the same thing just worded differently. This allows you to see how well each target interest is performing. If you bunch them all together, you have no idea which interests are delivering good results and which ones aren’t.
Run your campaigns and make data-driven decisions
After your ads are all set up, it’s time to kick things off and… Wait. This is the most difficult thing for a new Facebook advertiser to do. Instinct tells you to watch your new ads like a hawk. You’re tempted to look at your campaigns every hour to see how they’re doing. And worst of all, there’s a temptation to turn ads off or scale some up after just a couple of hours. This is not what you want to do, despite your urge to do it anyway. Here’s the process I like to follow instead. Remember, I’m just giving you some numbers to use as a guide here, don’t take them as absolute benchmarks you have to stick to.
Let each ad run for at least 2-3 full days
First, run the ads for at least 3 days. Longer if possible. Why three days? Because that allows Facebook’s algorithm to settle in and optimize itself. It also gives you time to collect a meaningful amount of data. The other reason is because your ads perform differently on different days of the week. For example, Monday & Tuesday might be bad, but Friday & Saturday could deliver leads at half the cost of Monday & Tuesday. If you run your ads for one day, and it happens to be a Monday, you’ll see poor results that aren’t a true reflection of your overall performance. Ideally you want to run the ads for as long as possible, but three days is the absolute minimum I recommend if you’re strapped for time and/or budget.
Wait until your ads also have at least 1000 impressions
I also like to make sure the ads receive a significant number of impressions. As a guide, aim for at least 1000 impressions. This is to ensure that you’ve got enough data to reach statistical significance. I’ve seen so many cases where people will run an ad for a day, see really cheap conversions (for example, $0.50 each) and decide to bump up the budget from $5/day to $100/day. All of a sudden those $0.50 conversions become $7 conversions. Here’s why: If you’re lucky and get 2 conversions after spending just $1 on ads, it looks like you’re getting $0.50 conversions. But after spending just $1, you just don’t have enough data to really know. If those first 2 conversions were just luck, you might find that you only get 1 conversion from the next $10 you spend. Now you’ve spent $11 and got 3 conversions—an average of $3.66 per conversion. So, only move on to the next step after you’re comfortable you have enough data to make informed decisions.

Find winners & scale up
After a few days it’s time to look at the reports to see which ads are performing well and which ones aren’t.
The performance metrics that matter
Facebook ad reports are a bit daunting when you first look at them, so let’s talk about what you should focus on to determine whether or not an ad is performing well. First, you need to figure out what your primary metric is. If you’re goal is email signups, webinar registrations, or any other event that requires someone to convert, your primary metric will be Cost Per Conversion (CPC).

That’s the number that matters most when you’re deciding if an ad is performing well or not. At the end of the day that’s all that matters. Sure, clickthrough rates and other metrics are important, but they all feed into the one number that matters most—your cost per conversion. And if your goal is just website clicks? Then the most important metric when judging an ad performance is going to be your cost per link click (not just cost per click. It’s about link clicks).

The key here is to focus on the metric that is most closely aligned with your end goal.
Optimizing your ads
Turn off all ads that aren’t the top 1 or 2 performers based on your primary metric. Next, you’ll want to: a) allocate extra budget to the top performers; or b) set up a new round of ads to test. You might even want to do both, depending on your budget & how many ads you’ve tested already. If you’re ready to scale up: Only increase the budget of your winning ad sets by a maximum of 50% every 24-48 hours. The more gradual you can be, the better. This gives Facebook’s algorithm time to adjust to the new budget and helps prevent blow-outs in your costs. Takeaways:


Turn off your underperforming campaigns
Increase the budget on the best performing campaigns by a maximum of 50% per day
Start a new series of tests if you still have images or copy to test
Rinse & repeat
Now it’s simple a case of repeating the testing cycle until you’re confident that you’re getting great results. You can adjust this process to suit your budget, test fewer combinations at a time, or test hundreds at once if your budget allows. It’s completely up to you. By sticking to a structure like this and making decisions based on data rather than your gut feelings, you’ll greatly increase your chances of creating profitable Facebook ad campaigns. When you get more advanced you will also want to start testing and improving external elements like your opt-in offers, landing pages, and webinars as well. But the less you test at once, the easier the process will be.





















Six major differences between Facebook awareness and conversion campaigns


Facebook is the biggest social network on Earth, and Facebook advertising has long been known as a great social advertising channel to drive user awareness and engagement.

However, in recent years Facebook has made incredible improvements to its advertising service and has become one of the best digital ad channels for conversion-driven campaigns.

In many verticals, Facebook even outgrew Google in driving large numbers of leads and orders, such as in fashion, banking, lead-generation, and more.

Facebook conversion campaigns have some fundamental differences from Facebook awareness campaigns, in terms of goals, KPIs, ad types, ad messages, and landing page activities. But not everybody realizes this difference, especially traditional marketers.

Thus, we often hear clients asking “Why don’t our ads show up all the time?” or “Why isn’t our reach very high?” Even though their Facebook campaigns are generating steady, high sales volumes at a low cost-per-acquisition.

In order to achieve great conversion performances with Facebook advertising, you should realize the major differences between the two types of campaigns.
Different campaign goals

Most awareness campaigns focus on audience communication. The key question being “How can we reach the most target users and engage them with our message?”

Conversion campaigns are more result-oriented. The key questions are “How can we get the most sales, or leads, or user signups with the given ad budget?” and “What is the maximum ad budget we can spend to get the most conversions at an acceptable CPA?”

For example, a brand may want to reach the largest relevant consumers possible to spread the word about a new innovative product, but a retailer would prefer to have a lot of people making purchases on the site or in-store.

Similarly, a local beauty school would prefer to get a high number of prospective student signups more than reaching the most “relevant” people in their local area.
Different KPIs

For awareness campaigns, the KPIs should measure the communication’s effectiveness. In Facebook, the metrics are: reach, visits, shares, comments, likes, cost-per-engagement, fan growth, etc.

For conversion campaigns, the KPIs are about business performance, such as number of conversions (leads/orders/signups), CPA (cost-per-acquisition), ad spend, average order size, lead quality (follow up success rate) etc.
Different user interactions

Awareness campaigns often focus on how users interact with the ad itself, and less on how users interact with the web pages. Website visits are viewed as “ad clicks”. Very few awareness campaigns measure user interactions on the site, such as newsletter signups or submitted forms.

In conversion campaigns, the conversion actions mostly happen on the website itself, not in the ad, such as making a purchase, signing-up for membership, or downloading an app. This adds an extra layer of complexity to the campaign optimization and requires a lot more effort.

New Facebook ad types like Facebook Lead Ads now allow users to sign up directly from the ad itself, without needing to go to the site. We’ve seen this type of ad dramatically increase conversion performance.

Different ad types

While actual results depend greatly on each situation, in general, some Facebook ad types works better for conversion campaigns, some work better for awareness campaigns, and some can work for both.

Facebook promoted posts are great for engaging your customers and building loyalty. But if you run a conversion campaign, it may not be the best choice to drive direct conversions.

Facebook newsfeed ads and right column ads can achieve great results for awareness campaigns and conversion campaigns. The new carousel ad has excellent storytelling capability, but also generates good conversions.

For conversion campaigns, newsfeed ads often perform much better than right column (RC) ads. Because RC ads work similar to banner ads, RC ads often achieve a very high reach but a lower conversion rate than newsfeed ads. Facebook remarketing can enhance the RC ad performance, but it will depend on the remarketing list size.

Other Facebook ad products are designed for specific businesses:

Facebook lead ads work amazingly well for lead-gen campaigns, as users can submit information directly on the ad itself without the need to go to the landing page.

Facebook product ads are excellent for Ecommerce sites to generate orders.

Different ad messages

To write effective ads for conversion, there is a rule: “Clarity trumps persuasion.” High-conversion Facebook ad copy often communicates the values and usage of the products/services, how they help solve consumers’ problems, and good pricing and promotions to motivate them to act.

Meanwhile, awareness ad copy tends to focus on emotional storytelling to influence brand perception in consumers’ minds.

Different campaign optimization

In awareness campaigns, the consumer research phase is critical to set up the campaign and write ad messages that communicate effectively with audiences.

In conversion campaigns, while consumer research is equally critical, the ongoing testing and optimization process is the key to achieving great results.

No matter how great the research is, in most cases the conversion campaigns do not produce optimal results on day one. By rigorously analyzing all the numbers, and testing every element of the campaigns, from campaign/ad set structure, ad copy/images, targeting, bidding, and landing pages, we can find winning combinations that generate best returns.

Thus, conversion campaigns rarely run as “set it and forget it”, but demand on-going tweaks and monitoring.

Facebook advertising can be a powerful digital channel for both awareness campaigns and conversion campaigns. By understanding the fundamental differences between the two campaign types, you can better organic your next Facebook campaign to success and deliver the right KPIs that clients are looking for.










A Guide to Facebook Ads Targeting Strategy



If you run Facebook lead ads, you might have this question, “who should I actually be targeting with Facebook lead ads?”

While there are thousands of different ways you could setup your targeting for any given ad campaign, there are 5 primary filters you should care about: location, demographics, interests, behaviors, and connections.

Location - Use the location setting to choose people to target in a certain area by country, state, city, zip code, etc. If you’re a store front-only Connecticut shop with English-only marketing materials, you probably shouldn’t waste your ad spend on ads targeting people in Brazil who won’t be able to access your products. That said, if you’re a larger ecommerce store, use wider location features like state or country to target more people.

Examples of location options to choose from:
Country
State
Region
Zip Code
County

Demographics - Think about your buyer persona and the target audience for your campaign. Are most of your current customers women? Or, are you looking expand the market for your products among college students? Use demographic data like age, gender, language, etc. to really hone in on your target persona’s demographic characteristics.

Some examples of demographic data you can choose from:
Education (degree, school, field of study)
Age
Political Affiliation (US Conservative, US Liberal, etc)
Work (Job titles)
Company (Size, industry)
Relationship Status (Single, in a relationship, length of relationship and/or marriage)
Recent life events (new job, just had a baby, just got married, recently moved)



Interests - Use interests targeting to target buyer personas that might be more specific, like a bike store trying to target people who have expressly shown interest in bikes on Facebook.

Examples of interest targeting features include:
The business or industry an individual works in (marketing, technology, construction, sales, health care, etc).
Hobbies and activities (biking, sports, travel, politics & social issues, etc.)
Entertainment (games, movies, music, TV)
Shopping and fashion (beauty, clothing, shopping, etc.)

Behaviors - Behavior-driven ads are some of the most powerful to use for specific lead generation campaigns. Remember, generating leads is action-driven; a lead is someone who has expressed actual interest in your product or service in some way. For instance, say someone recently read one of your blog posts or looked at one a few products on your site. Using these types of behaviors to drive the targeting of your ads is a great way to use lead generation ads.

Examples of behavior targeting:
Web activity (clicked a link on your site, read an article, came to one of your landing pages, added an item to their cart and left it, spent money online, created a facebook event, etc.)
Mobile device users (using a tablet or mobile device via brand, new tablet owner, etc.)
Traveling (intending to travel, commuter, returned from trip, checked into a new location, etc.)


Connections - The last primary category of targeting features is connection-based. This could include people that following your facebook page or are invited to events. Use this targeting feature to include or exclude people already interacting with your brand depending on the goal of your campaign.

Examples of using connections in targeting settings:
Include anyone already connected to your page, app or event
Exclude anyone already connected to your page, app, or event
Include people whose friends are already connected to your page, app, or event.

Now that you know what specific targeting features are available, you may be wondering how to develop a targeting strategy for each campaign you run. It all comes down to setting a goal for you campaign and knowing your buyer persona.

First, decide on the target audience of your campaign. Is it a campaign that’s suitable for your whole audience -- like a holiday coupon deal for anyone -- or an offer that’s most relevant for people not already aware of your brand?

Use the demographic and connections tools to set these targeting features based on what makes the most sense for the campaign.

Next, use interest and behavior data to narrow your audience down depending on the breadth of your budget. If you have a small budget, use narrower targeting features to try and reach the best people possible to see your ad. If you have a larger budget and your campaign’s goal is brand awareness, you can use broader targeting data. That said, always make sure to target only those who are most likely to be interested in what you’re promoting.

What targeting strategies should I use for lead ads specifically?

The targeting strategies we’ve covered so far can be used for any type of Facebook ad. However, lead ads are a bit different because you’re trying to get someone to immediately fill out a form for more information.

With lead ads, try to be as specific as possible and rely more heavily on interests, behavior, and demographic data than connections data. Behavior targeting is especially good for lead generation ads because you can use retargeting features to specifically target individuals who have already taken some action on your site previously.

Retargeting helps you bring people’s interest back to your brand. If someone is already familiar with your brand but hasn’t become a lead yet, lead ads might be just the right method to get them to convert without waiting for them to come back to your site and fill out the form.









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Best Facebook Advertising Audience Size



Hi readers!

Are you wondering what the Best Facebook Advertising Audience Size is? If so then you are not alone. A lot of people are wondering that the Best Facebook Advertising Audience Size is. Watch the video above and I will tell you the best Audience size for Facebook ads. But if you are just not in a place where you can watch the video then I have summarized the video below in this blog post.

The best audience size for your Facebook ads campaign is around 500,000 – 1,000,000 people. This seems to be the sweet spot for Facebook. Let me explain why.

Best Audience Size: 500,000 – 1,000,000

In general when you target over 1,000,000 on Facebook your audience is broad. You (and Facebook) won’t be able to find the right people who are interested in your offer. Yes if you let Facebook run its magic long enough it will be able to find them. But you will have spent a lot of money and pain on a loosing campaign. So if you audience is over 1,000,000 try adding in some interests to get it smaller.

What if you audience is too small?

This is the more common problem. I see it mostly with local businesses. So what should you so if you have local business and there are only 75,000 people in your city or town?

When your audience is small (under 500,000) you loose Facebook’s magic for picking people who match the goal you want. Let’s look at a quick example:

Let’s say you want Facebook to optimize for website clicks. With an audience of 500,000 Facebook knows people who like to click on ads. So it shows your ads to those people. You get lots of clicks. But Facebook also does not show your ad to people who do not click on ads.

When your audience drops below the 500,000 mark you start to force Facebook into showing your ads to people who are not an ideal fit. These would be people who match all your criteria but do not click on ads or sign up for offers. What happens? Your campaign just does not preform as well. Not much you can do about it either.

So if you are local business and only have 75,000 people in your town just know your audience is already too small. Leave it where it is and do not filter down anymore. In most cases just limiting it to your local town is enough filtering. The good news? You can reach your entire town pretty cheaply.

This same problem happens when you are getting great results with and audience on $10 a day. Then you bump your budget to $50 a day and the whole campaign falls apart. You are running out of the low hanging fruit that Facebook can easily find for you.

By keeping your audience around 500,000 – 1,000,000 people you give Facebook enough room to find people who click on sites, sign up for offers, and buy things. It also gives you room to add more money to your campaign once you see it working.

TIP: When you increase your daily spend on a campaign do it slowly.

You want to give Facebook time to react to the change. Plus you want to see how quickly you start moving away from the easy converters to other people. You will notice your cost per click or cost per conversion increasing. This is what is happening.

As you can see just getting the right Facebook advertising audience size is just the beginning. You need to know how to scale it and what to do if you just can’t get enough people to get your audience size big enough.














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