www.instantetraining.com @IETraining
Facebook Marketing & Ads
Optimization Strategies
Brian Carter
www.instantetraining.com @IETraining
About Instant E-Training
"Give a man a fish to eat and you feed him for a day. Teach a man how to fish and you feed him for lifetime.” - Lao Tzu, 6th Century Chinese Philospher
Founded in late 2010, Instant E-Training has created an online learning environment with the goal of imparting top notch marketing training by bringing leading industry experts together in an interactive & collaborative online environment.
Speakers include Social Media’s best & brightest…
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Meet Bob Tripathi
• 10+ years of “in-the-trenches” online marketing experience for companies of all sizes
• Top rated speaker at industry conferences on SEO, Social Media, Paid Search topics
• Worked with large US brands like Discover Card, Sears Holdings championing online initiatives
• Passion for training led to founding of Instant E-Training
www.instantetraining.com @IETraining
•
Recognized authority with 12+ years of
Google & Facebook marketing
•
CEO of FanReach.net, Facebook
Program
•
Author of two Facebook Marketing
books
•
Speaks globally & cited by all major
publications
www.instantetraining.com
Facebook Ad Optimization:
Strategies & Tactics
Brian Carter
Facebook is Huge
• 750 Million Users
• More than 150 Million
in the U.S. alone
• Only India and China
have larger populations
than Facebook
• All age groups are well
represented
@briancarter
www.likeonomics.or
Facebook gets more
Businesses are
expected to spend
more than $2 - $4
billion dollars on
Facebook Ads in
2011.
The Gold Rush For Fans
Some companies are
paying to acquire
100,000’s of fans.
@briancarter
www.likeonomics.or
Paying For Likes
They pay up to
$2.00 per fan.
@briancarter
www.likeonomics.or
Paying For Likes
More viral than
email, fans may be
worth 2-3x the value
of an email
subscriber.
@briancarter
www.likeonomics.or
The Most Powerful Prospect-Targeting
Opportunity in History
• Never before in history
has the average
business had the power
to target this many
people this specifically
• 730+ Million Users
• Target by demographic,
location and likes
@briancarter
www.likeonomics.or
Likes Decrease Costs
When more people
Like your ads, the
cost of these ads
decreases
Likes Capture Prospects
“Ad Likes”
capture
prospects
@briancarter
@briancarter
www.likeonomics.org
Facebook Profits: FanReach Case Studies
Baseball Roses
• 473% ROI
• 4.35% Conversion Rate
Facebook Profits: FanReach Case Studies
Rosehall Kennel
• 6500% ROI
• Started getting sales
with less than 500 fans
after spending less than
$100
Facebook Conversion Rates with FanReach
Facebook conversion rates are good
Prospect Path
Fan Purchase
Fan Blog/AdSense
Fan Affiliate
Ad Email
Ad Purchase
Fan -> Affiliate Paths
Click Affiliate Link
HOW MANY ARE DOING A GOOD
JOB OF FACEBOOK MARKETING?
HOW MANY ARE
VISIBLE
TO 50%
OR MORE OF THEIR FANS?
An average of 7% - 16% of fans see
daily posts from a page they’ve liked
HOW MANY HAVE AN AVERAGE
FEEDBACK RATE
OVER 1.0%
finds people via
Keywords
finds people via
Likes (Interests)
Demographic
Targeting is
Limited
Demographic
Targeting is
Accurate
AdWords vs Facebook
How Different Are Facebook Ads?
Adwords
Interests (Likes)
Yes
No
Intent (Searches)
No
Yes
Location
Yes
Yes
Age & Gender
Yes
No
Marital Status
Yes
No
Workplace
Yes
No
AdWords vs Facebook
Face
book
Sea
Search vs.
Facebook can help you
reach more prospects
and change the minds
of prospects
higher up
in the funnel
Search vs.
Search vs.
Owning & Influencing
Your Audience
You can
own your audience
3 Marketing Methods
Increasing ROI
Biggest
Profits!!!
F1000 (NDA)
• Outdoor Industry Ecommerce
• 260,000 fans in 3 months
• 62% of fans were from word of mouth
• 99,122 fans directly from paid ads
• Total ad cost of $13,758.22
• Cost per paid fan = $0.14
Some of Our Case Studies
Niche Cost Per Fan Fans Grown Feedback %
Vacation Rental $0.25 5,500 2.0% Boxing $0.003 13,300 1.5% Pet Supplies $0.10 9,000 1.5% E-tail Outdoors $0.09 2,400 1.1% Automotive $0.07 1,900 0.75% Parenting $0.05 95,000 0.5%* Civic/Political $0.03 6,100 2.0%
The Best Fans Are…
CTR
CPC CR ROI
DEMOGRAPHICS
DEMOGRAPHICS
clues.yahoo.com
alexa.com
“audience”
quantcast.com
compete.com (paid)
Spy On
Their
Low cost per click
comes from
High click through
rate
and
Low to moderate
bidding competition
Facebook Ad Metrics Research
• Social impression %
does not necessarily
correlate to higher
action rates
• Don’t be wooed away
from other factors in
creating ads
90% of Cheap Fans Come From…
No-Brainer Ad Copy FORMULAS
Click Like if
you love
No-Brainer Ad Copy FORMULAS
Do you love
<interest>? Then
Click Like below
THREE SECONDS
TO CHOOSE YOUR
FAVORITE IMAGE
Upward chart depicting the increasing
number of upward charts used in
Facebook ads.
Advertising Process: Optimize CPF
Advertising Process: Optimize
OPTIMIZE
Use the responder demographic
report to find the groups with the
highest CTR (click on the CTR column
twice so that the highest CTR groups
are at the top)
3% 0.30% 0.10% 0.05% 0% 1% 1% 2% 2% 3% 3% 4%
Awesome Great Good Amateur
$- $0.20 $0.40 $0.60 $0.80 $1.00 $1.20
Amateur Good Great
$- $0.50 $1.00 $1.50 $2.00 $2.50
Great Good Amateur
Webtrends Says The Average Company
Gets Fans For $1.07 Each
Facebook Ad Burnout
• Over time, the same ad will be less interesting
to an audience
How To Fight “Ad Burnout”
Change up the image
Rewrite the copy
Create a promotion or something
newsy to tell them about
Pause the ad for a few weeks and then
run it again
Not Granular Enough: $4.15 per fan
Comments: This is one of my first Facebook ad campaigns ever, and a great example of
how not to do it. Notice how different the targets are from one another and how the ad copy doesn’t mention them at all. This ad makes the mistake of assuming you care about what I’m promoting, and has no call to action at all, thus the low CTR and high CPC.
3,599 fans for $76.09 … 2 cents per fan
Comments: Slightly more than 2 cents per fan. Check out the clever use of “loooove”
to grab attention and emphasize the passion. Keep in mind, though, this ad may be a violation of trademark, so watch out for that and don’t use other people’s trademarks or you’ll be at legal risk and Facebook can even shut your account down.
1,118 fans for $36.13… 3 cents per fan
Comments: A little over 3 cents per fan. Part of the key to high CTR is the right image.
With horses, it’s not easy to get the whole horse into a 110x80 image and still see much. For viewers to connect emotionally with the image, they have to be able to see it, so only the head is shown here, and this is a nice, friendly looking horse.
753 fans for $12.23 … 1.6 cents per fan
Comments: Another ad questionable in terms of using someone else’s likeness. The
two advertising guidelines that apply are:
• 4b. Ads must clearly represent the company, product, or brand that is being advertised.
• 5a. Ads must not be false, misleading, fraudulent, or deceptive.
• 12a. Ads cannot include any content that infringes upon the rights of any third party, including copyright, trademark, privacy, publicity or other personal or proprietary right.
30 cents per fan
Comments: Here’s an ad that doesn’t violate the guidelines but manages to get 30
More ads from
Corey McNeil
Comments: Corey is an expert SEO
and a FanReach student who has studied the heck out of our
material, and we talk about his results in a lot of our videos and courses.
He only shows CPC here but you can estimate cost per fan from the
action:click ratio here… respectively 6 cents, 20 cents, 75 cents and 90 cents.
See how the cheapest cost per fan is the simplest ad? NO BRAINER
458 Fans for $24.34 =
4.5 Cents Per Fan
Mark’s business works great on Facebook and poorly with AdWords. This is because his product is a hybrid of two or three interests… people who love baseball or softball and the people who want to give roses to them. Baseball plus romance. AdWords is built to harvest people with specific popular interests- only a fraction of those who like those sports ALSO want to give roses. Only a fraction of those who want to give roses like those sports. That leads to a bad CTR and low quality score in AdWords and a high CPC. But in Facebook, Mark can cheaply gather people who like all of those things and then market to them repeatedly on the fan page, and it works - he gets a 473% ROI on his fan acqusition ad spend.
B2B Facebook Fan Acquisition
If you slicing and dicing doesn’t get you cheap fans, go
B2B Facebook Fan Acquisition
You still need to think about your B2B people
and what their goals and dreams are. Pump
these up in the image and ad copy to increase
CTR.
Increase Feedback Rate
GOAL: 1.0% or
higher Feedback
rate per post
Ask for More Likes and Comments
Ha Ha…
Duh!
Post Formulas
"Click Like if…" and keep the second
part simple, make sure it’s something
most of your fans will like.
Post Formulas
To get Comments, ask a question or
say, "Tell me in the Comments
below…" followed by whatever you
want to know
Posts Based on Demos/Interests
Ponies (photo of pony): "Click Like if you love ponies!
B2B Question
"What’s your biggest goal
this year in internet
marketing? Comment
below!”
How To Have It All
“CLICK LIKE if you think the Heat can SWEEP
Dallas or COMMENT as to why the Mavericks will
make this a series.”
- Sportscenter
The formula is:
“Click Like if you think [one thing] or Comment as
to why you think [the opposite]”
How To Figure Out Your
Customer’s Dream
What kind of ideal life
or business situation
do these benefits lead
the customer toward?
9 THINGS PEOPLE DREAM ABOUT
How To Figure Out Your
Customer’s Dream
Which of the 9 things people dream about
do you help people with?
How To Figure Out Your
Customer’s Dream
How are these dreams different for each of
your 3-5 customer types?
Write Lots of Words
Describe in as much detail as possible what the
fulfillment of these dreams looks like for people.
Sell That Dream
Now talk to
your fans
about those
dreams
while asking
for likes and
comments!
www.instantetraining.com @IETraining
Learn More
Take Your Facebook Marketing Skills to the
Next Level…..
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Facebook Intensive Program Starts May 25
th
…
New Facebook Timeline Facebook Ads
Facebook Fan Acquisition Facebook Content Strategy Facebook SEO
Facebook ROI
20 Live Online Sessions including…
Facebook Marketing Strategy Facebook Contests
Facebook Community Management Facebook EdgeRank Algorithm
Facebook Apps
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• Attend all 20 Live Sessions • Ask Q&A
• Free Bonus Materials
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• Weekly Quizzes
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Hands-on Facebook Certification (Limited Seats)
Hands-on Facebook Marketing Project
Weekly Assignments & Quizzes
Weekly Progress Mentoring Calls
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12+ Leading Facebook Marketers…
Alison Zarrella Author “Facebook Marketing” Brian Carter Author “Facebook Like Economy” Dennis Yu CEO BlitzLocal & Facebook Authority Lisa Buyer Author, Speaker, Columnist Marty WeinTraub Author “Killer Facebook Ads”
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Interactive WebConference Environment
Ask questions after sessions – Private Q&A for all attendee
Network with fellow attendees in Our private community
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Free Training Videos – Worth
$400
15+ Training videos on Facebook marketing
Fast Tracks your learning with additional resources.
Free
Bonus
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2 Hour Long training videos from Clara Shih & Dave Kerpen on
Facebook Marketing.
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# 2 & 3
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Industry’s only print magazine on all things Social Media. News stand price $78 for 1 year subscription but free for you!
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100+ Training videos on Facebook, Twitter, LinkedIn, SEO, & more. Free 1 Month membership worth $79!
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Free Book – The Like Economy
Worth
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Brian Carter’s top rated Facebook
Marketing book.
Free book to all webinar attendees!
Free
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FREE Phone Consultation
– Worth
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Free 30 Minutes of Phone
consult – Ask any Social
Media questions.
It’s Your Time!
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Attendee Testimonial
“The Facebook Intensive Program was exactly what I was looking for in a professional online course I could apply to my work. The program presented experts who could deliver the full scope of information clearly, a well-planned schedule that moved at a good pace, flexibility and access to great materials/resources and ample time after the program to review and refer back to videos, workshops and resources.
Terri Rioux
www.instantetraining.com @IETraining
100% Attendee Satisfaction
Social Media for Business 2011 Survey
Intensive Program Survey
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With Facebook Training You Get…
1. 20 Live Online Sessions – Full Rate $597
2. Q&A access, private community, and 6 months access – Value $497
3. 10+ Free Training Videos - Value $400
4. Two Hour long training videos – Value $140
5. Free 1 year magazine subscription – Value $78
6. Free 300+ page ebook – Value $20
7. Free 1 Month Membership to library – Value $79
8. Free 3 Month Training Video Membership(Certification Attendees Only
– Value $238 )
9. Free Phone Consultation (30 mins) – Value $250
10. Free Book (The Like Economy) – Value $25
$2,086
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• Attend all 20 Live Sessions • Ask Q&A
• Free Bonus Materials
• Everything from WebConference • Hands-on Certification Project • Weekly Mentoring Calls
• Weekly Quizzes
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Reserve Your Seat for Facebook WebConference
Track!
$597
$397 / 2 payment :
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Payment 2 - $300 – After 30 Days
$97
to get started.
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$397
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$898 / 2 payments:
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