04/15/2021
*What’s a Pixel?? (and 5 Reasons You Desperately Need One)*
A Facebook pixel is a piece of code installed on your website to track site engagement. Use this new data to form new audiences and reconnect with customers.
Short version: When it comes to targeting leads, it’s a piece of evil genius.
Pixels make our lives an open book to Facebook marketers; they make your quest for targeting ideal clients 100,000,000x easier.
Here are a few of my favorite things pixels can do for coaches/consultants....
With pixels installed at different stages of your funnel/sales prospect’s journey, you can:
1. Analyze your sales funnel. If the conversion rate is lower than you anticipated at any stage, that’s where you can focus your efforts to tweak your funnel.
2. Build website custom audiences for retargeting. Create audiences of people that have taken the desired action (leads, purchases etc) to exclude from retargeting. This saves you money and stops leads and customers from getting annoyed by being hit up for an action they’ve already taken.
3. Track the number of conversions like newsletter signups or purchases, the cost per conversion (CPA) and the conversion rate (CVR).
4. Create lookalike audiences in seconds. These pixel-based lookalikes will dynamically update over time so they will always be relevant when using them in cold traffic campaigns.
5. You can optimize for conversions. Conversions. Conversions. This is your new battle cry... Optimizing for link clicks cost roughly 3 times more per conversion than when optimizing for conversions. Simply put the pixel allows you to get the same results for $1,000 that you’d get by spending $3,000 on ads when not using the pixel.
Are you using your pixel wisely? Do you know how to “season” it and make sure it doesn’t get “contaminated” by bad campaigns? Hit me up with a DM.