19/06/2020
CASE STUDY: How Our Team Achieved 248X Return On Ad Spend
With Facebook Ads
This client's in-house marketing team previously ran FB Ads, but after analyzing their data, we made adjustments to reach a new level in return through our campaign optimization system.
SPLIT TESTING FACEBOOK ADS TO REDUCE COST PER LEAD
We drove down the cost per lead, while maintaining quality. First, split we tested images versus video, and then further narrowed down to colors to stop and capture attention.
We then tested short versus long ad copy. For this chiropractic, a bright green headline on the image ad with longer copy resulted in significantly lower cost per lead.
Every client’s audience is different, but we find the best colors to use in wellness ads are bright green, orange and yellow. Split testing the smallest changes make the biggest differences in conversion rates.
LANDING PAGE OPTIMIZATION
Rather than sending low quality traffic from the ads to this client’s website, we sent their traffic to a landing page that's fully optimized for conversions. This helped website traffic quality. Various buttons and links distract leads from converting – sign up/apply to talk to your team. If you’re getting less than 20% conversions from paid ads to website traffic, then switch to a landing page and watch your conversion rate increase!
RETARGETTING WITH FACEBOOK PIXEL
90% of the time, we see companies driving traffic attempting to get clients, but fail to retarget the people who showed interest through website visits! By placing Facebook Pixels onto the website, we were able to generate conversions by remarketing to these website visitors. Less than 2% of your organic first time website visitors will convert, so by placing retargeting pixels on your website you’re able to track, retarget, and convert with your ad campaign.
Companies that use retargeting pixels, dominate by having multiple touchpoints with that user, staying top of mind, and standing out over competition.
STRATEGY TO OPTIMIZING FACEBOOK ADS
We always focus on the KPIs of average cost per lead, which is $4 - $20 depending on the service. You can certainly get cheaper cost per leads, but it shouldn’t typically ever go over the $20 cost per lead mark unless you’re in a highly competitive area. If you’re getting more expensive cost per leads, focus on improving your cost per click. If it's over $2, that indicates that you need more interested viewers to click your ad. Split testing the ad’s image/video, the text, the campaign objective, and audience can help give you insight into what to optimize.