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Lowering Customer Acquisition
Costs on Facebook
Ecommerce Brand's Guide to Social Ads Efficiency
Today’s Timeline
11 - 11:30 am PT 12 - 12:30 pm PT
Drive Better Efficiency for Customer
Acquisition Campaigns on Facebook
11:30 - 12 pm PT
Increasing Ad Efficiencies With UGC
(User Generated Content)
Creating a Better Customer Experience to
Drive More Revenue from Facebook Ads
3
● Session recording and slides will be sent out
● Log back in anytime with the same link
● Resources available as handouts
Eyebrow Text
Today’s Logistics
Persephanie Arellano
Webinar Coordinator
Experts-Only Approach
Strategic acquisitions have positioned us as the
leading independent performance marketing agency
Search • Social • Amazon • Email • Display • Shopping & Data Feed • SEO • Affiliate •
Conversion Rate Optimization • Creative Services • Analytics & Marketing Science
Today’s Speaker
Chelsea Dyjak
Senior Specialist, Paid Social
6
1. New User Acquisition on Facebook
2. Re-Define your Targeting to Reduce Ad Waste
3. Creative Best Practices & Testing
4. Why is investing in Upper Funnel so important
5. Live Q&A
Upcoming Events & Webinars
Agenda
7
Customer acquisition refers to bringing in new customers
- or convincing people to buy your products. It is a process
used to bring consumers down the marketing funnel from
brand awareness to purchase decision.
Customer Acquisition
Definition
Ever heard of the marketing adage, “People buy better
versions of themselves, not products?”
8
• Advanced Targeting - Be sure to hit relevant users
• Eye-catching, Immersive Creative that can tell a story
• Easy ability to measure success
Customer Acquisition
Why Facebook for New User Acquisition
How to get the most of your Facebook Advertising
Poll Question
What part of the funnel are you fueling with your paid social advertising?
● Branding only, Upper funnel content
● Full funnel (awareness through direct response)
● Direct Response only, Bottom of Funnel
Brand “X” may have some
business challenges...
“I need to increase
awareness of my brand”
“I want to have greater
understanding of what
strategy moves purchase
intent”
“I want to know how I’m
doing against my
competitors”
Paid Social
Upper Funnel: Solving Challenges
Prospecting: Re-Define your Targeting
12
• What’s your age demo
• Males / Females / Both
• Customer Life-cycle
• Average AOV
Targeting
Re-Define your Targeting to Reduce Ad Waste
Is Broader always better?
• What NEW users to go after:
• Broad (layering in exclusions only)
• Lookalike Targeting
• Value Based, CRM or WCA
• Interest Based Targeting
• Demo Targeting
Important To Know
Targeting
13
Multiple purchasers - 2
or more items
People who spent “X”
amount of time on site
People who browsed
2+ pages
High AOV (CRM or
Value)Seed Audiences
10%
5%
3%
1%
Smart Lookalike Strategy
Building Better Lookalikes & Using a Tiered Approach
Targeting
14
Your competitive set
Engaged Shoppers
Targeting interests
based on your products
Third Party
Segments
… And Build Off that Success with Platform & 3rd Party Data
LiveRamp: More Data & Audiences
15
Facebook knows a good amount about your audiences, but Liveramp can take this a step further. You can find out more
about users actual behaviors and buying tendencies, while also getting similar audiences to prospect.
Ethical Data
Use trusted 3rd party
sources; available in
Facebook via Liveramp’s
best-in-class identity
Unique Data
Access custom and
exclusive audiences,
from PII and mobile
based servers
Easy Operations
Choose your audiences
from the Data Store and
easily import into
Facebook
Flexible Setup
Support for brand and
agency collaboration
Targeting: Test, Learn & Iterate
Creative: Best Practices
17
• Motion in Creative, Rules Today
• Leverage Story Placements
• Turn flat imagery into short videos
• Immersive Experiences
Creative
Creative is a key driver of mobile
campaign effectiveness
18
Before After
SINGLE, FLAT IMAGE ANIMATED, DYNAMIC VIDEO
Motion in Creative, Rules Today
Awareness Creative
Short & Easily Translated Video
Bring your products to life with on model video to show off
the fit, feel, and quality of a product.
Don’t overthink it. Slight motion helps and is easy to create.
Consider animated gifs and slideshow video to test
movement in-feed.
Users may not turn video audio on, so it’s best to either
turn the audio option off or use captions to convey your
message.
Short ads are engaging ads. It’s critical to capture attention
immediately and condense your message to 15 seconds.
Leverage Story Placements
● Mobile first - taking up full real estate
with the right aspect ratio
● Branding, branding, branding
● Showcase your products
● Establish why the brand is unique and
different
Awareness Creative
20
Awareness Creative
A More Immersive Experience
Products, brand, and lifestyle...
All while staying within Facebook
Multiple creative formats to use
Highlight something specific
Generate a new ‘targetable entity’
Creative: Testing
Creative Best Practices & Testing
Top Creative Variables for Driving Acquisition
These are recommendations and areas we’d want to test:
Building a Strong Ad
1. Assets: Video + Dynamic with strong
Call-to-Action messaging
2. Body Copy: Differentiating factor about
the brand or product
3. Headline Copy: Urgency or promotion
messaging
4. Description Copy: Price or value
oriented
Beyond ad structure,
these can be really smart tests
1. Emojis: Often work really well in this category. Try different ones to
give a more casual feel that entices the user 🥩🥧🛒
2. Square Images: Most users are on mobile and Square takes up more
real estate. 32% improvement in CPA in Square vs. Landscape*
3. Seasonal Callouts: For this vertical be conscious of the timeframe
and when you can be most relevant with products
4. User testimonials and reviews: Use some 4.5+ star reviews on your
site in your actual ads
Poll Question
How many different Ads do you have in rotation at a given time?
● 1
● 2-3
● 4-6
● 7+
Fail Fast with ‘Single Variable Testing’
25
Single variable A/B testing to
truly understand what works
on ALL creative
REVIEW VS.
NO REVIEW
Creative: Test, Learn & Iterate
Scaling spend through creative efficiencies
Slight and subtle
motion improves
performance.
THE CHALLENGE:
Bare Necessities was previously working with
text-heavy, static creative. Their creative
team did not have the bandwidth to execute
social-specific assets.
THE SOLUTION:
Tinuiti’s creative & social teams collaborated
to transform Bare Necessities static assets
into GIFs.The new ads’ subtle movement
caught users attention in the feed and lead to
higher website traffic and revenue.
2x
Spend increase
33%
Higher ROAS
9%
Higher CTR
Creative: Paid Social, Case Study
Always Test Dynamic Ads for Prospecting
Creative: Test, Learn & Iterate
Reach people who've expressed interest in similar products to yours even if they haven't visited your
website yet
Average CPA
improvement of
24%
Average ROAS
increase of
76%
Jane is in your
target audience
She has been
searching for
shoes on FB
and around the
internet
Your dynamic
product ads will
display shoes
from your catalog
to match her
intent
Fueling the top of the funnel
Direct Response Only Branding + Direct Response
1. 2.
3x ROAS
4x ROAS
27% increase
in ROAS
Internal Facebook studies conducted on advertisers have shown greater returns on lower-funnel metrics when that media coincides with
additional awareness tactics
Why Even Use This Media?
Paid Social
Consistency Keep creative consistent with a focus on overall theme
Branding Upfront and frequent branding so you’re top of mind
Mobile Design for mobile feed with 4:5 aspect ratio
Dynamic
Use video and dynamic ads, e.g., GIFs, to create a more
compelling ad
4
3
2
1
6 Overall Best
Practices
Align Social and
Business KPI’s Evaluate the Impact Inform your media
strategy
Create a narrative that is compelling.
Use sequencing to show creative in
a particular order
Don’t have too many ads live
at once so your message
goes out and its consistent
Facebook has deemed frequency as
king. Make sure users see your ads
enough so it’s top of mind:
1.5-2x/week
Maximize Your Frequency Tell a Story Limit Your Ads
5
All Recommended
Ad Types
Primary: Video with value prop
Secondary: GIF, Static, Carousel
Awareness
Talking to These Users
Reach or Brand
Awareness Optimization
Link clicks
optimization -
“clicky users”
Awareness
Using Reach as a Proxy
Reach optimization
Link clicks
optimization -
“clicky users”
Paid Social
Using Reach as a Proxy
“Clicky” users are 5.5x more expensive, but don’t necessarily equal intent.
The key for advertisers is to define a qualified audience and then reach as
many as possible at a steady frequency.
Key Takeaways
Re-define your Audience
Creative that tells a story, with motion
Upper funnel helps fuel lower funnel
Schedule Your 1:1
Strategy Evaluation
Live Q&A
Chelsea Dyjak
Senior Specialist, Paid Social
Webinar Calendar
Upcoming Webinars In October
1. October 30: 10 Last-Minute Amazon Tips for Black Friday and Cyber Monday 2019
2. November 7: Findings from The Amazon Ads Benchmark Report: Key Metrics and Trends to Know
Across Amazon Advertising
3. November 13: 5 Things We Learned From Testing Ad Creative Across Paid Social Channels: Best
Practices for Instagram, Facebook, Snapchat, Pinterest and TikTok
https://tinuiti.com/content/
THANK YOU!

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Lowering Customer Acquisition Costs on Facebook

  • 1. Name of Presentation Subtitle goes here if necessary Lowering Customer Acquisition Costs on Facebook Ecommerce Brand's Guide to Social Ads Efficiency
  • 2. Today’s Timeline 11 - 11:30 am PT 12 - 12:30 pm PT Drive Better Efficiency for Customer Acquisition Campaigns on Facebook 11:30 - 12 pm PT Increasing Ad Efficiencies With UGC (User Generated Content) Creating a Better Customer Experience to Drive More Revenue from Facebook Ads
  • 3. 3 ● Session recording and slides will be sent out ● Log back in anytime with the same link ● Resources available as handouts Eyebrow Text Today’s Logistics Persephanie Arellano Webinar Coordinator
  • 4. Experts-Only Approach Strategic acquisitions have positioned us as the leading independent performance marketing agency Search • Social • Amazon • Email • Display • Shopping & Data Feed • SEO • Affiliate • Conversion Rate Optimization • Creative Services • Analytics & Marketing Science
  • 5. Today’s Speaker Chelsea Dyjak Senior Specialist, Paid Social
  • 6. 6 1. New User Acquisition on Facebook 2. Re-Define your Targeting to Reduce Ad Waste 3. Creative Best Practices & Testing 4. Why is investing in Upper Funnel so important 5. Live Q&A Upcoming Events & Webinars Agenda
  • 7. 7 Customer acquisition refers to bringing in new customers - or convincing people to buy your products. It is a process used to bring consumers down the marketing funnel from brand awareness to purchase decision. Customer Acquisition Definition Ever heard of the marketing adage, “People buy better versions of themselves, not products?”
  • 8. 8 • Advanced Targeting - Be sure to hit relevant users • Eye-catching, Immersive Creative that can tell a story • Easy ability to measure success Customer Acquisition Why Facebook for New User Acquisition How to get the most of your Facebook Advertising
  • 9. Poll Question What part of the funnel are you fueling with your paid social advertising? ● Branding only, Upper funnel content ● Full funnel (awareness through direct response) ● Direct Response only, Bottom of Funnel
  • 10. Brand “X” may have some business challenges... “I need to increase awareness of my brand” “I want to have greater understanding of what strategy moves purchase intent” “I want to know how I’m doing against my competitors” Paid Social Upper Funnel: Solving Challenges
  • 12. 12 • What’s your age demo • Males / Females / Both • Customer Life-cycle • Average AOV Targeting Re-Define your Targeting to Reduce Ad Waste Is Broader always better? • What NEW users to go after: • Broad (layering in exclusions only) • Lookalike Targeting • Value Based, CRM or WCA • Interest Based Targeting • Demo Targeting Important To Know
  • 13. Targeting 13 Multiple purchasers - 2 or more items People who spent “X” amount of time on site People who browsed 2+ pages High AOV (CRM or Value)Seed Audiences 10% 5% 3% 1% Smart Lookalike Strategy Building Better Lookalikes & Using a Tiered Approach
  • 14. Targeting 14 Your competitive set Engaged Shoppers Targeting interests based on your products Third Party Segments … And Build Off that Success with Platform & 3rd Party Data
  • 15. LiveRamp: More Data & Audiences 15 Facebook knows a good amount about your audiences, but Liveramp can take this a step further. You can find out more about users actual behaviors and buying tendencies, while also getting similar audiences to prospect. Ethical Data Use trusted 3rd party sources; available in Facebook via Liveramp’s best-in-class identity Unique Data Access custom and exclusive audiences, from PII and mobile based servers Easy Operations Choose your audiences from the Data Store and easily import into Facebook Flexible Setup Support for brand and agency collaboration Targeting: Test, Learn & Iterate
  • 17. 17 • Motion in Creative, Rules Today • Leverage Story Placements • Turn flat imagery into short videos • Immersive Experiences Creative Creative is a key driver of mobile campaign effectiveness
  • 18. 18 Before After SINGLE, FLAT IMAGE ANIMATED, DYNAMIC VIDEO
  • 19. Motion in Creative, Rules Today Awareness Creative Short & Easily Translated Video Bring your products to life with on model video to show off the fit, feel, and quality of a product. Don’t overthink it. Slight motion helps and is easy to create. Consider animated gifs and slideshow video to test movement in-feed. Users may not turn video audio on, so it’s best to either turn the audio option off or use captions to convey your message. Short ads are engaging ads. It’s critical to capture attention immediately and condense your message to 15 seconds.
  • 20. Leverage Story Placements ● Mobile first - taking up full real estate with the right aspect ratio ● Branding, branding, branding ● Showcase your products ● Establish why the brand is unique and different Awareness Creative 20
  • 21. Awareness Creative A More Immersive Experience Products, brand, and lifestyle... All while staying within Facebook Multiple creative formats to use Highlight something specific Generate a new ‘targetable entity’
  • 23. Creative Best Practices & Testing Top Creative Variables for Driving Acquisition These are recommendations and areas we’d want to test: Building a Strong Ad 1. Assets: Video + Dynamic with strong Call-to-Action messaging 2. Body Copy: Differentiating factor about the brand or product 3. Headline Copy: Urgency or promotion messaging 4. Description Copy: Price or value oriented Beyond ad structure, these can be really smart tests 1. Emojis: Often work really well in this category. Try different ones to give a more casual feel that entices the user 🥩🥧🛒 2. Square Images: Most users are on mobile and Square takes up more real estate. 32% improvement in CPA in Square vs. Landscape* 3. Seasonal Callouts: For this vertical be conscious of the timeframe and when you can be most relevant with products 4. User testimonials and reviews: Use some 4.5+ star reviews on your site in your actual ads
  • 24. Poll Question How many different Ads do you have in rotation at a given time? ● 1 ● 2-3 ● 4-6 ● 7+
  • 25. Fail Fast with ‘Single Variable Testing’ 25 Single variable A/B testing to truly understand what works on ALL creative REVIEW VS. NO REVIEW Creative: Test, Learn & Iterate
  • 26. Scaling spend through creative efficiencies Slight and subtle motion improves performance. THE CHALLENGE: Bare Necessities was previously working with text-heavy, static creative. Their creative team did not have the bandwidth to execute social-specific assets. THE SOLUTION: Tinuiti’s creative & social teams collaborated to transform Bare Necessities static assets into GIFs.The new ads’ subtle movement caught users attention in the feed and lead to higher website traffic and revenue. 2x Spend increase 33% Higher ROAS 9% Higher CTR Creative: Paid Social, Case Study
  • 27. Always Test Dynamic Ads for Prospecting Creative: Test, Learn & Iterate Reach people who've expressed interest in similar products to yours even if they haven't visited your website yet Average CPA improvement of 24% Average ROAS increase of 76% Jane is in your target audience She has been searching for shoes on FB and around the internet Your dynamic product ads will display shoes from your catalog to match her intent
  • 28. Fueling the top of the funnel
  • 29. Direct Response Only Branding + Direct Response 1. 2. 3x ROAS 4x ROAS 27% increase in ROAS Internal Facebook studies conducted on advertisers have shown greater returns on lower-funnel metrics when that media coincides with additional awareness tactics Why Even Use This Media? Paid Social
  • 30. Consistency Keep creative consistent with a focus on overall theme Branding Upfront and frequent branding so you’re top of mind Mobile Design for mobile feed with 4:5 aspect ratio Dynamic Use video and dynamic ads, e.g., GIFs, to create a more compelling ad 4 3 2 1 6 Overall Best Practices Align Social and Business KPI’s Evaluate the Impact Inform your media strategy Create a narrative that is compelling. Use sequencing to show creative in a particular order Don’t have too many ads live at once so your message goes out and its consistent Facebook has deemed frequency as king. Make sure users see your ads enough so it’s top of mind: 1.5-2x/week Maximize Your Frequency Tell a Story Limit Your Ads 5 All Recommended Ad Types Primary: Video with value prop Secondary: GIF, Static, Carousel Awareness Talking to These Users
  • 31. Reach or Brand Awareness Optimization Link clicks optimization - “clicky users” Awareness Using Reach as a Proxy
  • 32. Reach optimization Link clicks optimization - “clicky users” Paid Social Using Reach as a Proxy “Clicky” users are 5.5x more expensive, but don’t necessarily equal intent. The key for advertisers is to define a qualified audience and then reach as many as possible at a steady frequency.
  • 33. Key Takeaways Re-define your Audience Creative that tells a story, with motion Upper funnel helps fuel lower funnel
  • 35. Live Q&A Chelsea Dyjak Senior Specialist, Paid Social
  • 37. Upcoming Webinars In October 1. October 30: 10 Last-Minute Amazon Tips for Black Friday and Cyber Monday 2019 2. November 7: Findings from The Amazon Ads Benchmark Report: Key Metrics and Trends to Know Across Amazon Advertising 3. November 13: 5 Things We Learned From Testing Ad Creative Across Paid Social Channels: Best Practices for Instagram, Facebook, Snapchat, Pinterest and TikTok https://tinuiti.com/content/