Effective Strategies for Starting and Scaling Facebook Ad Campaigns

Jul 12, 2024

Effective Strategies for Starting and Scaling Facebook Ad Campaigns

Introduction

  • Video will be controversial, against common practices in Facebook ad campaigns.
  • Evidence: Shared client results showing successful ad campaigns.
    • Various successful launches with impressive returns on ad spend (ROAS).
    • Example figures: Spent $32k -> $82k in returns, Spent $181k -> $400k+ in cash revenue.

Common Misconceptions

  • "Go Broad" strategy is commonly advised but not always effective.
  • Common advice: Target broad audiences with high budget.
  • Reality: Broad campaigns only effective with seasoned ad accounts with significant data.

Effective Starting Strategy

  1. Avoid Broad Targeting Initially

    • New ad accounts lack data for algorithm optimization.
    • Start with targeted interests until sufficient data is accumulated.
  2. Establish a Testing Infrastructure

    • Have multiple testing campaigns.
    • Example Structure:
      • Campaign 1: Target Interests
        • Ad sets (5-10) with distinct interests.
        • Within each ad set, have multiple ads to test (e.g., images vs. copy).
      • Campaign 2: Same interests, testing different ad type (e.g., videos).
  3. Testing Campaign Structure

    • Separate ad sets by interest (e.g., Tony Robbins for life coaching).
    • Test different copies and creatives within these ad sets.
    • Avoid mixing different types of creatives (images vs. videos) in the same ad set.
  4. Optional: Lookalike Audiences

    • Additional campaigns for lookalike audiences with similar structures (images vs. videos).
    • Only use if sufficient data is available to create these audiences.

Budgeting and Testing Phases

  1. Initial Testing Budget

    • Depends on your KPI (e.g., $5 cost per lead).
    • Start with small budgets (e.g., $5/day ad sets) for initial testing.
    • Adjust based on results, potentially increasing budget for successful ad sets.
  2. Scaling Phase

    • Option 1: Campaign Budget Optimization (CBO)
      • Set budget at the campaign level, allocate between proven ad sets.
      • Most reliable but slower scale.
    • Option 2: Ad Set Budget Optimization (ABO/AO)
      • Individual budgets for each ad set.
      • Faster but riskier; less predictable success rate.
  3. Continuous Testing

    • Don't cease testing after finding initial winners.
    • Constantly feed new ads into testing campaigns to replace worn-out ad sets.

Conclusion

  • Step-by-step approach: Testing phase followed by scaling phase.
  • Ensure continuous testing to maintain effective ad campaigns.
  • Additional in-depth tips available through email updates.