Susan Wenograd
Utah Digital Marketing Conference 2019
Learn more at: utahdmc.org
When someone discovers a new method to reach an audience, everyone starts doing the same thing and oversaturates the audience. We should not be pounding the bottom of the funnel with the hard sell. We have to change what we have been doing in the past.
Learn how to approach creating effective Facebook ad funnels. This session will be filled with actionable content that will help you change what you've been doing for the better.
2. Who Is This Totally Excited Nerd?
• 14+ years in digital, agency & client side
• Mom to 4-year-old (So I get really excited about questions from
adults.)
• VP of Marketing Strategy at Aimclear
9. Ad Inventory – WE NEED MOAAARRR!
Ad inventory is saturated, driving up costs because demand > supply
-25%
0%
25%
50%
75%
100%
125%
150%
Additional Info: Worldwide; AdStage;
January 2017 to February 2018; Facebook
News Feed ads only
Statista 2019
Sources: Marketing Land: AdStage
Year-over-yearchange
CPCs
10. 2017-2018: “Hey, this works.”
(Everyone proceeds to do it.)
• Saturated lookalikes - the same users are getting hammered
with ads.
• Over-reliance on bottom-of-funnel conversion actions
11. May 2018 Jun 2018 Jul 2018 Aug 2018 Sep 2018 Oct 2018
OUCH
12. Today
Bottom of funnel is squeezed.
You cannot rely on it solely
anymore.
Creativity around optimization
and targeting necessary.
Constant creative testing with
frequent change-outs.
Brands want to spend more on
brand awareness, but lack way
to measure the outcomes.
19. Conversion:
It’s a Long and Winding Road
facebook / paidsocialprosp (direct) / (none) x 2(direct) / (none) x 2 facebook.com / referral (direct) / (none) x 2(direct) / (none) x 3
l.facebook.com / referral
20. Changing from Conversion to Funnel
LLAs +
Conversion
Campaigns + RT
Reduced spend
in above, moved
spend to video
view + RT
Weeks Spend Conversions CPA
6/5-7/3 $79,295.16 566 $140.10
7/10-7/31 $47,457.54 414 $114.63
21. Example: Video View Funnel
Ad Set Name Amount Spent Impressions CPM Purchases ROAS
1-2% Lookalike $2,937.18 384,257 $7.64 184 5.24
2-3% Lookalike $1,559.01 199,577 $7.81 47 2.64
Video Views $988.30 236,127 $4.19 40 3.26
Video View Remarketing $616.61 63,228 $9.75 15 2.62
Video view funnel:
• 301% ROAS
• Video view alone converts for better ROAS than Conversion on 3-5% LKAL
• eCPM comes in less than Conversion alone
22. Example: Engagement Funnel
Engagement funnel:
$44.67 CPA aggregate
Ad Set Amount Spent CPM CPA
Conversion Campaigns: 1% Lookalike of purchasers $8,754.61 $17.84 $91.19
Ad Set Amount Spent CPM CPA
Engagement campaigns $260.82 $4.69 $52.16
Remarketing to engaged with post/ad $498.65 $16.63 $41.55
23. Mindset Shift:
Build RT as a Goal
• Watched video
• Interacted with post or ad
• Sent a message to your Page
• Interacted with Lead Ads
47. Remarket For Long-Term Growth & Gain
1 day
5 day
7 day
etc.
utm_source
utm_campaign
Watched 10s of Video A
Watched 10s of Video B
Duration Tagging Sequencing
A B