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Friday, May 1, 2020

How To Analyze Facebook Advertising Data In The Facebook Ads Manager - Part 4 Best Education Page #Online Earning

How To Analyze Facebook Advertising Data In The Facebook Ads Manager - Part 4



hey miles here miles Becker calm and in
this video we're going to go inside of
my Facebook Ads manager and we're going
to optimize a running Facebook
advertising campaign that I've got up
and going this is video number four in a
series if you've missed the previous
ones you can access them down in the
description or the video where we
actually launched this campaign I've got
I think at the biggest it was was about
17 different ad sets running I've been
optimizing it in the successive videos
the previous three and here we're going
to do one final optimization before I
kind of just carry on with this on my
own I don't feel like I'm going to need
to update this anymore beyond this last
one because I finally hit my average
order value spent in a lot of my ad
campaigns which is kind of where we want
to get YouTube so you should by
following these separate videos
following the how to analyze Facebook
advertising data from a Facebook Ads
campaign inside the ads manager you
should understand exactly how to kind of
optimize and whether to scale or turnoff
your different ad sets as you are
running them and really I'm going to
leave you at the end of this one with
kind of like that what to do next
portion because yes we're going to
continue to analyze and optimize these
but if you're active and you're wanting
to grow your audience quickly you should
be adding on more as well and we'll talk
about that here at the end so let's jump
in and get into the ads manager and Here
I am inside of the ad account and let's
go into the campaigns and it is this
retargeting you can see at this point
I've spent about 2,500 dollars we're
looking at the link clicks about twelve
thousand clicks click-through rate looks
good in about 5,800 leads which is you
could tell that some not about forty
five percent conversion rate on my
opt-in page which is great so the first
thing we do obviously we click into the
ad campaign now it's going to load all
of the different ad sets even the ones
that we have turned off in the past I've
only turned off one you can see it here
at the bottom I turn that off a while
ago you may have turned off more so
remember when you come in here you want
to switch over to filters you want to go
to delivery and you want to go to active
and what it's going to do is it's only
going to show you the ones that are
currently actively running that way we
could base our numbers off of what's
actually going on so let's go over here
the first thing we do is we start at the
bottom line and we want to scroll all
the way over to the right and we look
our cost per lead right here is 44 cents
per lead so I'm stoked on that that's a
perfect number from me in my business
that's actually about half price from
what I could do you can see I brought in
16 new customers each one is worth about
$90 to me so my cost per action here is
high right I'm over I'm spending more
than I can per customer personally I'm
ok with this because my cost per lead is
within my KPI I know the lifetime value
of my lead if I didn't have a bankroll
to kind of back my advertising with and
a really solid understanding of the
lifetime value of my leads and knowing
that a 44 cent lead is well worth it I
would have been in here optimizing this
earlier I've been on a road trip I
literally just came out of the mountains
I had no service for a few days and I
just wanted to show you how I'm
approaching it so just take note that my
lifestyle is dictating my approach with
this and if you are like really trying
to maximize every penny and grinding on
it you could have taken some of these
actions more quickly the next thing I
want you to notice is here in all of my
$5 day interest campaigns we've now
spent about $90 each which is my cost
per new customer right so what we can do
is I want to go over here and look now
and find all of the ones that have zero
caught new customers coming in and so
you can see I got this new customer here
zero new customers here zero new
customers here and everywhere that
there's a - means zero new customers the
first place I'm going to goes to the
ones that have the highest cost per lead
and I'm going to turn them off so I turn
that guy off and then I'm going to turn
this one off here give you one second
why I kind of go through these turn this
one off down here so
I've turned a few of these off and what
I could do at this point is again I it
should already be set to the filtering
to where we're only looking at the
active people which we are and you see
my cost for acquisition it my prosper
action here is good but we still have
this problem right my problem here is
I'm going to turn off the rest of these
that are all that aren't working my
problem is that I'm spending more on a
new customer so my funnel is not
break-even and I do want to have at
least a break-even funnel and that's how
you scale your facebook ads right you're
you're getting customers for about the
same price as your the cost of the
customer which means you're getting
ninety eight ninety nine subscribers in
a row for free and then your follow-up
sequence and your list does the rest of
the work so now I'm turning some of
these off you can see they're going off
a little slowly I am as you probably can
tell I'm in the woods here in Montana
and there is a little bit of a delay cuz
I'm tethering from cellular service but
we're going to get through this here
real quick and then I'll show you what
we do from this point so just one more
here to turn off and that's off so now
what we've got it down to is only my
interests that have created successful
customers and now I need to look at the
cost per new customer over here and you
can see on the cost for new customer
I've got a few of them that are way
outside of the KPIs and I've got a
couple of them here that are well within
the KPIs so what I'm going to do is I'm
going to turn off the ones that are over
a hundred and twenty dollars per
customer and I'm just going to turn all
four of these ones off here I think I
got them all there and it looks like
maybe one left got one left here and let
me actually refresh this so I'm going to
do is I'm going to leave this one on
because I want to see what the numbers
do right when I remove this and I've
refreshed this page because my total
down here at the bottom that one hundred
and forty three dollars per customer
from this campaign is not actually true
anymore because I've turned so many of
these off and you're going to see now
that I can scroll to the right it's
totaling up the totals at the bottom and
you could see sixty six dollars and
eighty six
/ so I actually probably turned off one
more than I should have at this point
right if I would have left another one
of these 125 in I still would be within
my $90 KPI range and the reason we want
to keep this within range and ignore
these sometimes is I'm still getting
leads and customers here and if I got
one more customer on this here I would
be back in good essentially so what I'm
going to do is and this is this was kind
of a poor form on my part but we're
doing this live and this is just how it
works is I wouldn't net I would have
actually I recommend that you go through
and refresh the numbers after every
single one you turn off so you don't
have to turn one off and then turn it
back on this is going to re-enter me
into the auction on this one which I'm
okay with because you know I just I
don't really care that much so what I'm
going to do is I'm going to look over
here for the lowest cost per lead and
I'm going to go ahead and turn that one
back on and I'm seeing it looks like
this one here at 26 cents per lead is
actually my next best one so I'm going
to turn that on I'm actually going to
try turning two back on and just see
what happens give it one quick moment
and let's see here it was kind of moving
things on me here so give me a quick
second now only what ones that are
brought in customers because they've
proven to deliver me paying customers
and let's hear some of the other ones
that have been bringing me customers I
can see the one here forty three one
here 40 cents those are both absolutely
fantastic numbers for me I'm going to
take the one that's giving me a 40 cent
lead and oh this one's 37 cents per lead
that's my retargeting campaign I'm using
that for another ad set so I'm going to
turn this one back on here oh that was
actually the wrong one either way I'm
going to go ahead and wrap that at this
point because I think you get the point
right like now we've got this set back
up I can hit up here I can refresh the
whole page and it's going to pull out my
overall number is 125 for action but I
want to take this down and I want to
filter to once this loads I want to
filter to only the active ones and see
what it says my number is I'm looking to
get that number down in about the $90
per kind of location and let's do
filters delivery active and that's it
it's going to bring up the active ones
and you can see down here where do we
get down to 69 dollars and seventy eight
cents per customer so I did go a little
overboard on that now what the goal is
and what you really need to remember
here at this point is on this number you
want this bottom-line number of the
results from all of them to be within
your KPI and the reason again is because
I'm getting customers here I might get
another customer I'm getting customers
here now let's go in and look at what
our best customer ones are this interest
number four right here is absolutely
crushing it right you can see I'm
getting $18 customers these are $90
value customers each for $18 a piece I
brought five in on that so I'm going to
go increase my daily spend on this I am
very comfortable bumping this up to the
fifteen dollar mark I could potentially
go to 25 or more but because I'm going
to be off the grid potentially in a few
days I'd rather be kind of a slow and
steady approach to this I want to look
to see if I have any
that are really really gangbusters
within my kpi's I don't show any it
looks like 89 63 I'm gonna see how much
I'm spending on that 63 dollar campaign
$10 a day I like that
62 down here I want to make sure that's
at $10 a campaign that's $10 daily cool
so I'm going to let all of these just
continue to run and this is the game so
now here I told you in the beginning I
was a tell you what you want to do next
and that is exactly where we're at so I
have whittled this down we had 17
running active ad sets in this campaign
now I've got what seven ad sets so I've
eliminated ten ad sets at this point
that weren't delivering a high quality
customer at the right price yes I was
getting leads but ultimately I want this
campaign to pay for itself right I want
the money I'm making from my oto to
cover 100% of my league cost and that as
its structured right now with seven
different ad sets that's exactly where
it is so what would I do now if I was
wanting to grow I would bring in the
next 15 20 or 30 different ad sets I
would duplicate out these ad sets enter
those new interests in one at a time and
I would repeat this process I would keep
these ones that are working working I
wouldn't fidget with them at all and I
would add on 10 15 20 30 new $5 per day
ad sets testing even more interests or
audiences that I have not yet tested how
many do you do that's up to you
completely right how big of a budget do
you have daily to be able to run these
how aggressive are you trying to be
right now how polished is your funnel if
you're really really trustworthy in your
funnel and that lifetime lead value you
can be a little more aggressive if
you're not confident in those numbers
yet then grow slowly until you gain the
statistical significance in your data
from your funnel to be able to move
forward confidently right and this is
really the game so I moved in with about
15 17 different ad sets I filtered those
down so the ones that deliver me
customers right in a major big ad set
that's within my KPIs
and then I eliminated all of the
different ad sets that are not
delivering me customers those are out I
now have the ones driving customers what
do I do now
I go
add a bunch more $5 a day add sets with
new interests that I haven't tested yet
and I let those run with the goal of I
don't know if I put in 30 am I going to
get 10 or 15 more that drive customers
probably perfect and then at the end of
that kind of optimization cycle I would
have something to the tune of 22
different ad sets bringing me customers
if I'm breakeven or cash flow positive I
repeat the process again and that is the
game that is how you optimize we start
with large groups of ad sets each one
having its own interest you do $5 a day
on each to identify the ones that drive
sales you eliminate the ones not driving
sales add more ad sets with more
interests identify the ones driving
sales continue to monitor the old ones
to make sure your KPIs are within
numbers and you just simply grow a
campaign full of ad sets that are
delivering you customers and you're
removing the ad sets that are not
delivering you customers ultimately
leaving yourself with a highly optimized
Facebook advertising campaign that is
driving you customers at break even or
better and that my friend is the Holy
Land if you will of Facebook advertising
that's where we all want to be where we
put in a dollar we get out a dollar
twenty-five and a hundred leads in the
process you get to that kind of a point
you can just continue to creep up your
ad spend in the ad sets that are working
the best you also can continue to bring
in new ad sets that you can continue to
test and that's how you grow your
audience that's how you grow your reach
that's how you grow your list that's how
you grow your customer list and that my
friend is how you grow an online
business I hope you've found this video
to be helpful if you have give me a
thumbs up here in YouTube helps me get
the reach out on the videos I really
hope this shows you kind of clearly how
easy the process is once you understand
what you need to be looking at this
isn't rocket science it is relatively
simple it takes a lot of dedication time
testing and tweaking I highly recommend
you engage with this process because
this is how you build a traffic source
that's on demand that will allow you to
grow your business quickly so you can
get to that hundred thousand leads mark
and beyond and when you get to that
point
I'm telling you life gets fun you get
that freedom of lifestyle you get to you
open your laptop you work for an hour
or two a day on your laptop it's that
freedom of location freedom of income
financial freedom all of that can be had
from this process and I highly highly
highly recommend that you stick with the
learning curve long enough you engage
with this long enough to get to where
you need to be I've been doing this it's
2017 I think I started in 2013 with my
facebook advertising so I've been doing
this for four years to figure it out if
you're on campaign number one two or
three and it's not working perfect for
you great that's exactly where you're
supposed to be right now stick with it
you need to continue to test test your
opt-in page test your offers test your o
TOS test the ad sets and when you find
that winning combination let it run for
as long as it's within KPIs
get as many leads and customers as you
can and I think that's about it so thank
you very much for following along on
this series I really really appreciate
your time and I look forward to
connecting with you on the next video
be well

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