Facebook Adverts are core to marketing on Facebook. Advertising options open to marketers, when they click the “Create an Advert” button are far richer than what boosting can offer. Besides better targeting of audience, the algorithms that channel advertisements, optimize spend based on the selected campaign objectives.
As they create their campaign, first and foremost, advertisers need to have clear objectives. For this purpose, Facebook’s ad console offers a broad range of “campaign objective” options for them to choose from, as shown in Exhibit 14.7.
Facebook devotes considerable time and effort to optimizing their advertisers’ campaigns through rigorous performance metrics. This is beneficial not only for the advertisers who gain superior returns, but importantly also for users, who are sheltered from poorly targeted content that is of little relevance to them.
Advert provides a few formats for boosting posts that are grouped under the “Engagement” objective. The look and feel of the post remains the same irrespective of whether it is boosted from the ad console or from the Page. The key difference is that from the ad console, advertisers have more targeting and placement options, as well as additional features such as call-to-action buttons. Also, unlike ads boosted from the page, these ads are labelled as “Sponsored”.
In addition to the array of demographic and geographic targeting options, Facebook offers some advance targeting options including:
Custom/tailored audiences: Advertisers can target consumers known to them (i.e., sourced from CRM database) by suppling contact details such as email addresses, phone numbers etc.
Lookalike Audiences: Advertisers may also target prospects that match the profile of some other group of people, for instance, a high-value customer segment.
Connection targeting: Access to social graphs on social platforms, allows advertisers to target prospects who are connected by page, app, group, or event.
Facebook Adverts allow advertisers to create their content in the ad console without displaying it on their Facebook page. These news feed ads that do not actually get published to the news feed of the advertiser’s page, are called dark or ghost posts.
Dark posts allow advertisers to run different ads as sponsored posts, targeting distinct consumer groups. They may split test headlines and create personalized messages for different demographic and geographic targets, simultaneously running multiple ads, one for each of the target group.
Facebook Adverts call-to-action button is useful for promoting actions such as ‘buy’, ‘sign up’, ‘download’ and ‘contact us’ to name a few. Click through rates greatly improve with the use of these buttons, some of which are listed here,:
For placing their ads, advertisers can choose from these three choices — news feed, mobile, and right column (Exhibit 14.9).
News feed and mobile ads are more versatile, coming with additional options such as call-to-action button. Moreover, because of its location and size of image, the right column ad is less likely to attract the user attention, and it underperforms considerably on click-through rates. It does however, cost much less than the other options.
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