A guide to Facebook Ads (Part 1) – How Facebook Ads are structured


#buyer's journey #facebook ads

This article is the first part in the series of five articles on how to use Facebook ads.This first parttells about how Facebook ads are organized for a marketer. It also discusses targeting, budgeting, and creating a Facebook ad. This article will help you create a framework and perspective on how Facebook ads work.
________________________________________________________________________________

When it comes to Facebook ads, there are two kinds of business:

  1. Those who say it doesn’t work, and
  2. Those who say it does!

Both the groups are not only at the other ends of the polarity, theyhave strong opinions for their position too.

But despite their fact-driven opinions, I have found both the groups carry myths about Facebook ads. Some have made assumptions after spending just a few dollars. Some spent on increasing post reach and were expecting sales. Then there are some who are happy with just page likes.

Like another other media buying (TV ads, radio ads, print ads, etc), Facebook has its intricacies too. Many business owners have come think just because they can buy Facebook ads at their own will, they know how Facebook ads work.

To shatter some myths about Facebook ads and make it more understandable, I am writing thisseries of blog posts on Facebook ads.

In this blog post, we will see Facebook from a top-view and try to understand how it is structured to tap users across all steps of the buyer’s journey. We will also see what types of ad options Facebook offers and when to use each one of them.

Are Facebook ads relevant for your business?

Facebook ads will not work for all types of businesses. Sahiba Sethi, the Founder of Hello Meets, wrote in a Medium blog post why they do not invest in Facebook Ads.

For products and services, which are low margin and doesn’t operate on repeat orders, Facebook ads is not a right option.

For instance, it is okay for Netflix to acquire a customer at ahigh cost if they can retain the customer for over 6 months. Or for PayTM to acquire a customer by giving cashbacks if the customer has a high customer lifetime value.

But we’re only talking about conversion here. Facebook ads are also great for brand awareness.

It will be a disaster if Britannia starts selling Bourbon using Facebook conversion ads. However, to promote a new taste or flavour and run a brand awareness campaign, Facebook ads is the right spot.

Facebook is a place where people go to connect, to play and to socialize. It’s great place to see events, membership, experience, personal improvement. While connecting to their friends, people took the membership of clubs and contacted with insurance companies, alike, their friends and family.

facebook advertising opportunity calculator

If you’re still in doubt, you can check Facebook AdvertisingOpportunity Calculatorfrom WordSteam to check if Facebook ads are right for your business.

How are Facebook ads structured?

Unlike Twitter ads and LinkedIn ads, Facebook ads are structuredaround a typical buyer’s journey.

Let me take you back to Marketing 101.

A buyer generallystarts with a problem or objective. And then he looks for possible solutions. After going and comparing various options, he decides to choose one solution.

Buyers-Journey

To define it formally:

A buyer’s journey is the process buyers go through to become aware of, evaluate, and purchase a new product or service

A typical buyer’s journey is made up of three stages:

  1. Awareness:The buyer either starts with an objective or a problem statement
  2. Consideration:The buyer looks for possible solutions and compare them against each other
  3. Decision:The buyer makes the final decision

Facebook ads map buyer’s journey

Facebook ads are designed to target audience across each step of the buyer’s journey.

Instead of offering ad options, where users simply see your brand, Facebook offers multitudes of ad options for each stage in the buyer’s journey.

For each stage of the buyer’s journey, there’s an action associated. And for each action, there’s an ad option from Facebook.

The following image is a screenshot of thefirst step of creating a Facebook ad. You can select an ad that is relevant to your specific marketing objective.

facebook ads mapped according to buyers journey

This makes it easier for advertisers to choose a relevant ad option. At the same time, it also gives the advertiser theright perspective ofKPI.

For instance, if the advertiser wants to create anad for awareness stage and want to increase reach of its event, she should focus on the ‘Total Reach‘ and ‘Cost per 1,000 Reach‘ rather than engagement or cost per engagement.

Awareness stage ads

There are over 1 billion people using Facebook every day and half a billion using Instagram every month. There’s no other social media platform who even comes closeto this number. And that’s what makes Facebook the most preferred social media channel for raising awareness of your brand.

Three types ofawareness stage ads

  1. Brand awareness
  2. Local awareness (only available for local businesses)
  3. Reach

These ads, as the name suggests, cater to the first step of the buyer’s journey–awareness stage. It also covers two other types of ads: page boost and post boost.

When to use

    1. You just launched a new business (and hence, a new Facebook page)
    2. Awarepeople around your local business about you
    3. Increase the reach of your Facebook post
  1. Increase page likes

Consideration stage ads

What do customers do in the consideration stage? They explore the possible solutions of their problems.

Your ads must reflect that too. Facebook is an amazing platform to execute this objective too. For instance, you can get people to download your app. Or you can send people to your website to discover a product. Or you can increase views on a video that gives a demo of your product. Or you can simply generate leads for your B2B business.

Five types of consideration stage ads

  1. Traffic
  2. Engagement
  3. App installs
  4. Video views
  5. Lead generation

When you want your Facebook followers to get involved with your offering, it is time to look at theconsideration ads.

When to use

  1. Send traffic to a specific web page
  2. Let people know about a new offering or a product feature
  3. Increase app installs
  4. Raise attendanceat an event
  5. Collectleads directly via Facebook page
  6. propecia by merck and co.

Decision stage ads

Acustomer knows about you and has spent time to understand your product. Now is the time to convert him into a customer. For that, Facebook has designed decision stage ads.

Threetypes of decisionstage ads

    1. Conversions
    2. Product catalogue sales
  1. Store visits

In future, we hope that Facebook will dig into many more new aspects. But, still, Facebook is an enigma for many advertisers and HERE’s this article to cure the turmoil of advertisers who want to but not know how to advertise on Facebook.

Ad types available in Facebook

Facebook is constantly coming up with new ad types giving ample opportunities to advertisers to play mix and match with multiple ad types and see which ad type delivers desired results. We have done a breakdown of these various ad types.

Let’s have a closer look at it, including where you can use them too.

Link – Click Ads

Also known as Domain Ads, this basic ad type is used to drive the audience to your website. If your aim is to increase web traffic to your website then this is the Ad type you should go for.

Available on desktop, mobile, and Instagram
Image Resolution: 1,200 x 628 pixels
Ad copy: 90 characters
Headline: 25 characters
URL: 30 characters

Carousel Ads

This multi-product scrolling ad type presents advertisers with the opportunity to display multiple product images or share a story through this ad type. These left-to-right scrolling ads are a must use for e-commerce brands.

Also, using multiple images increases the probability of target audience visiting your website and searching for a product which fulfills their needs.

Available on desktop, mobile, and Instagram
Image size: 1080 x 1080 or 600 x 600 pixels
Ad copy: 90 characters
Headline: 25 characters
URL: 30 characters

Dynamic Ads

These ads are ideal for retargeting your customers or those users who have engaged with your product catalogue on your website or mobile app in the past. This ad type fluidly updates to showcase users with images of those products which are relevant to their past browsing history on your site.

Available on Mobile & Desktop Facebook News Feed,
Recommended image size: 1,200 x 628 or 600 x 600 pixels
Ad copy text: 90 characters
Headline: 25 characters
URL: 30 characters

Canvas Ads

CANVAS-?S

This is one of the recent ad types added by Facebook.

Presently, a hot favourite among advertisers these ads empowers you to showcase your creativity combined with video and includes top-to-bottom and left-to-right scrolling presentation feature that enables you to share your story beautifully.

Think of magazine pull-outs but digitized.

Available only on mobile, header with logo, full-screen image
Text block and button for URLs
Image carousel/Auto-play video
Image size: 1,200 x 628 pixels
Ad copy: 90 characters
Headline: 45 characters

Video Ads

These ads are suitable for retargeting as well as for building brand awareness. These ads start playingautomatically and silently in your News Feed, showcasing your product. When users click on this ad, the video starts playing will with sound.

Available on Desktop, Mobile and Instagram
Ad copy: 90 characters
Aspect ratios: 16:9 to 9:16
File size: up to 4 GB max
Video Duration: 120 mins. can be as long as 120 min., but most top-performing videos are 15-30 seconds

Pro-Tip: The best performing video ads are somewhere between 15-30 seconds long. So try to keep your video ads short.

Slideshow Ads

These ads are a rip-off version of PowerPoint presentation. You can showcase ad for your product in a presentation layout and it gives the feeling of a video ad. You can also insert music files and text overlays on the top of your images.

Available on Facebook desktop and mobile
Ad copy: 90 characters
Image size: 1,280 x 720 pixels
No. of Images: 3-10 images
Duration: Up to 50 seconds

Facebook ads targeting

Facebook has many different options for you to choose like boost your page ads, increasing app install ads, increasing engagement ads, etc. etc. but choosing from them isn’t a half of battle. There are some points which help you in determining the ad type: –

Defining your campaign goal

Before you begin any ad campaign, you first need to determine what the goal of your campaign is. Start with your own marketing needs and build your ad around it.

Choose appropriate types you could use

If your goal is to drive downloads for an eBook, for example, you could use click to website, a lead generation which performs the best.

Target the right audience

Targeting is reaching out to your potential customers. But, before you begin with building out your target audience, it is essential for you to install Facebook Pixel.Facebook has a huge audience (2 billion!) and there exists a huge possibility that a large share of your target audience is scrolling through it. But, how to tap to your potential customer database is targeting.

cheap silagra. If you are just starting out with your Facebook ads and the website traffic is non-existent then targeting gets a bit difficult but if you are getting high website traffic then you just need to install Facebook Pixel and start with retargeting.

  • Buyer Profiles

You can begin targeting by making Buyer Profiles. While making buyer profiles you can target audience on the basis of their interest.

How?

Say, you want to sell kids clothing and shoes on your e-commerce website. Target online parents, especially mothers whose interests include ?shopping? and ?kids?. Choose your appropriate age range. You can even target only those who prefer to shop online using behavioural tagging option.
All this can be simply done by using Facebook ads targeting option.
Facebook targeting is quite razor sharp. You can target customers through Facebook Ads on the basis of their location, age, gender, demographics, interests, behaviour, etc.

  • Life Event Targeting

Another way to do targeting is through Life Event Targeting. This is a great option for those who offer products based on life events. For instance, if your e-commerce brand offers wedding apparel you can target those people who are engaged. Facebook has pretty much every possible life event targeting option since users tend to post about these events onto their timelines.

You can also begin with targeting by rolling out multiple micro campaigns to test from which particular audience set your ad is getting more engagement

Just define the audience which you want to target for your product and then choose the best-suited ad type.

Budget Allocation

When it comes to facebook advertising one of the most frequent questions asked by marketers is…

How to allocate money?

The answer to this question depends on many factors, such as the audience you are targeting, nature of your products, advertisement objective, etc.

One of the deciding factors here is ?What do you want your ads to do? ? Drive traffic, build brand awareness, increase conversions? You’ll need to choose an objective. Facebook offers 15 options split across three key objectives:

You should choose your ad type on the basis of monthly budget. Suppose your monthly budget is 90k-100k then you can use two or more ad types collectively.

While setting up your ad budget, Facebook offers two options:

  • Daily Budget– An average amount that you will spend every day
  • Lifetime– Maximum budget that you will spend during the lifetime of your ad set.

Hot-Tip: Go for awareness ad types when operating ads on a small budget, you are probably going to get the most bang for your buck.

Conclusion

With this complete guide, you now have a broad overview of Facebook ads through which you can establish your flyer. We have discussed the buyer’s journey and relevant businesses for Facebook ads. In coming sections, we will learn about all ads individually and how to re target your customer.

17 Shares