It is important to have clarity on what you are looking for from each tool so that you can calculate your return on investment. For example, if a customer responded to a Facebook ad and purchased a $20 product and you spent $5 to advertise, your return on investment would be $15. Over time, if you can, also track the total lifetime value of a client for even more accurate returns. How to Change Facebook Page Type Or Category in 2018
If you are on WordPress, you may already know how to install the code. If you do not, I would suggest installing a plug-in called “header and footer scripts.” This plug-in will allow you to easily paste code into the header or footer on your website. This is the plug-in that I’m using below and is located under the settings tab after you install it.
Facebook retargeting lets advertisers position ads to warm audiences. This is highly valuable because warm audiences are closer to buying, as they have already shown an interest in your products or services. When a site visitor peruses your website but takes no actions on it, you can surmise that the user was likely early in the decision-making process and not ready to take action. This indicates that additional sales fostering is required.
I’m a big fan of The Office, and I’ve seen each episode at least a half-dozen times. There’s a lot of great scenes, but one that always sticks out to me is the scene where Michael is trying to prove how much business knowledge he has, and Ryan asks him whether it’s cheaper to sign a new customer or keep an existing client relationship ongoing. Michael immediately answers a new client, but the answer is the opposite. Facebook Stock Vs Google Stock! Which Stock Is A Better Buy?
MLSP is the online equivalent to the world-class Harvard school of business for entrepreneurs who want to get more leads, sign-up more reps, and make more money in any home business. With the incredible MLSP community, websites, tools, and technology you can build your business faster, smarter, and exactly like the 6- and 7-figure earners starting today. How to Hide your Joined Groups on Facebook from Others? Facebook Privacy Settings
After selecting the terms and conditions for retargeting, you will see the code that we need to install our website. If you are familiar with installing things like Google analytics or other tracking pixels, this should be easy for you. If you have a WordPress site, it’s really simple to install this as well. I’ll show you where to put it in the next step.
Be consistent in naming URLs and use referral URLs to easily differentiate among content grouping. You can then build a separate custom audience inside of Facebook for each group and let them grow over time. When you’re ready to market to a given subset, you can amplify information or products to people based on the content that they’ve consumed from your site. Because they’ve already indicated some interest in your brand, they’ll be more receptive to your ads.
Did you know that “live content” drives three times more engagement on Facebook? Well, this was concluded in a study done by Social Media Today back in 2016. The option of Facebook Live is all about displaying the content that’s about in-the-moment. You can go live by displaying the live office events, products launches, and sales too. Going Live engages a lot of audience on-spot. On the other hand, Facebook Stories are in-the-moment content clips. Followed by Instagram stories popularity, Facebook had to be in the queue to let their users do it too. New products, discounts, testimonials and what not can be a part of the Facebook stories? Investing your time and efforts into these would be seen gaining popularity in the coming year.
There’s far greater complexity to people’s buying habits and actions beyond the fact they’ve visited a website within the last month. Susan recommends studying the buying and lead acquisition patterns for your brand. If you find that most of your customers tend to convert within a few days of visiting your website, then you would be paying for 30 days worth of Facebook impressions that are no longer relevant.
Retargeting can help your business and/or product stay relevant while customers may be looking for other options. It’s a great way to give your audience a second, third or even fourth chance to purchase your product. Running Facebook ads can help with the social growth of your business. If you want to be successful at Facebook advertising campaigns, I would suggest starting small. You want to A/B test and measure the results from your ads to find that winning formula that yields success.