Showing posts with label make money on social media. Show all posts
Showing posts with label make money on social media. Show all posts

Sunday, 25 December 2016

How to Optimize Social Ads for Every Stage of the Buying Funnel

Want more conversions from your social media ads?
Wondering how to successfully target buyers at every stage of the sales process?
Mapping your buyer personas and testing your creatives let you deliver ads that speak to a buyer’s immediate needs and concerns, resulting in higher conversions.
In this article, you’ll discover how to serve optimized social media ads that generate sales from all of your customers.

#1: Create Buyer Personas

Before you create a single ad, you need to spend significant time at the research stage. As part of this process, you’ll identify your buyer personas, map them to buying stages, and develop a list of unique selling propositions (USPs) to target when running your first series of ad tests.
Start by conceptualizing your personas. Take into account not only demographics, but psychographics as well. Your persona should include (at a minimum) age, gender, location, education, job/career path, relationship status, children/pets, household image, personal goals, and specific preferences related to your brand.
Create a Brand Persona
The first persona to create is your brand persona, which embodies the voice and vision of your messaging. This persona represents the largest share of your target audience and embodies many of your brand’s attributes and values; it’s the default voice of your brand.
First, brainstorm the characteristics of your brand persona.
Create a brand persona that will serve as your foundational persona.
Create a brand persona that will serve as your foundational persona.
Next, include demographic and psychographic data.
Add demographic and psychographic data to your brand persona.
Add demographic and psychographic data to your brand persona.
Finally, create a narrative around your buyer persona.
Build a narrative around your buyer persona.
Build a narrative around your buyer persona.
When you’re finished with your brand persona, you’ll have a visual of whom you’re “talking to” when you craft ads and design visual and textual creatives.
Create Additional Buyer Personas
After you create your foundational persona (your brand persona), you can move on to create new buyer personas. There are tools you can use to help with this process, such as Personapp, Xtensio, Up Close & Persona, or HubSpot’s free persona creator tool, MakeMyPersona.
To use HubSpot’s toolgo to MakeMyPersona.com and click Start Making My Persona. Then proceed through the questionnaire, providing as much detail as possible.
Answer the questions as directed to build your buyer persona.
Answer the questions as directed to build your buyer persona.
Once you finish and submit the form, you’ll receive an email with your fully realized persona.
Repeat this process for each of your potential buyer personas.

#2: Map Buyer Personas to the Buying Funnel

Now that you know whom you’re talking to, you need to delve even deeper into each buyer persona’s needs at every stage of the buying funnel: Awareness, Consideration, and Decision.
  • At the awareness stage, the persona has pain points but does not know or understand the solution to the problem.
  • Once the persona reaches the consideration stage, the persona is actively researching options to fix his or her pain points.
  • At the decision stage, he or she simply has to select a product to purchase and a company to purchase it from.
Use a mind map as a simple, step-by-step solution for mapping buyer personas to buying stages. Start by listing your buyer personasInclude the names of your personas and images of each one.
Create a mind map to connect your buyer personas to buying stages.
Create a mind map to connect your buyer personas to buying stages.
Now brainstorm pain points for each persona, starting with the awareness stage. Consider what problems your persona faces at this stage.
Identify problems that your persona faces at the awareness stage.
Identify problems that your persona faces at the awareness stage.
Next, identify what research goes into the consideration stage. Where does your persona search for answers? What keywords does she use to search? Also identify what questions she’s asking to solve different pain points.
Consider what questions your persona asks to solve pain points.
Consider what questions your persona asks to solve pain points.
For the decision stage, think about what your persona considers before making a purchase. What issues are of most interest to her? Some of the primary ones include pricing, delivery time frames, return policy, shopping cart usability, mobile compatibility, reviews, and available coupons.
Identify what issues are important to your persona at the decision stage.
Identify what issues are important to your persona at the decision stage.
Then, consider what unique selling propositions will appeal to this persona. Based on your research, what are the most powerful USPs that will move this persona to action when seeing targeted ads?
Consider what unique selling propositions appeal to your persona.
Consider what unique selling propositions appeal to your persona.
Follow this same process to map each of your buyer personas to every stage of the buying funnel.
Map each buyer persona to each stage of the buying funnel.
Map each buyer persona to each stage of the buying funnel.
Finally, create a brand persona and value proposition grid. In this value proposition, list your personas and the USPs that you’ll use when creating ads.
Build a brand persona and value proposition grid.
Build a brand persona and value proposition grid.
At the end of this process, you’ll have an overview of your target audience to use in your ad testing process. With your preliminary research complete, you’re ready to move on to the ad creation and testing stage.

#3: Test Initial Ad Copy and Images

Having prepared yourself, you’ll now need to conduct a series of tests designed to find the best images, ad text, headlines, descriptions, placements, and audiences. Every one of these variables becomes a test element, so it’s important to have a strategic and methodical approach to testing each one.
The first campaign, starter ads, focuses on finding the best images and ad copy. For each starter campaign, you’ll have fixed and variable elements (such as headlines, link descriptions, images, and placement) in addition to ad text.
Your first goal is to test ad image, copy, and placement. Here’s an example of how to organize this:
For the starter campaign, find the best ad images, copy, and placement.

For the starter campaign, find the best ad images, copy, and placement.
Take each buyer persona through the process of testing images, copy, and placement. As you develop images and content, think of the buying stages and make sure you include images and content for each stage.
Test Ad Images
Images are critical to an ad’s performance. Images with happy women are known to perform best overall, but that might not be the case for your audience. Try images with or without text and variations of text placement. You can also try using animated GIFs or short videos.
Facebook has different ways to incorporate images into your ad. For example, the image carousel allows you to attach different headlines and URLs to each image, giving you more ways to test images, calls to action, and click-through rate (CTR).
Facebook lets you incorporate images into your ads in a variety of ways.
Facebook lets you incorporate images into your ads in a variety of ways.
Test Copy
To test ad copy, use a tool like AdEspresso. You can enter different variations of each ad element and the tool will shuffle them to produce multiple ad combinations. You can run a single starter ad campaign that tests hundreds of ads based on just a few variables.
AdEspresso is a helpful tool for testing ad copy.
AdEspresso is a helpful tool for testing ad copy.
You may want to start slowly to get a feel for the Facebook ad platform and your new campaign, but Facebook is ultimately a game of quantity, not quality. Facebook’s ad platform is set up to reward campaigns that constantly update ads to improve performance.
The goal of any Facebook as set shouldn’t be to produce one perfect ad campaign. You should be running multiple campaigns and constantly feeding Facebook with new content.
Test Placement
Test ad placement to find out where your audience clicks. That’s where the bulk of your ads need to be, whether it’s desktop, mobile, news feed, right column, and so on. AdEspresso also lets you test Instagram ad placements.
Test different text ad placements to figure out where your audience clicks.
Test different text ad placements to figure out where your audience clicks.

#4: Test Different Target Audiences

As part of your buyer persona research, you’ve identified multiple interests of this persona, which helped you craft your starter ads. Now that you’ve identified your best-performing ad configuration, you can research these persona interests and select several to form interest groups (also known as a target audience) on which you can test your “winning” ad.
For each ad, the ad copy, images, and placements will be the same; the only difference is the interest groups targeted for each campaign.
The example below shows a target audience campaign where the target audiences are women interested in “Bikram Yoga” and “Workouts.”
Test different target audiences.
Test different target audiences.
By performing such controlled tests, the only variable is the audience so you can identify the most promising fit.
The only variable for these tests is the audience.
The only variable for these tests is the audience.
Knowing how to search for and identify target audiences is an art, and one that you should know well to perfect this ad testing process.

#5: Test Combinations of Successful Ads With Responsive Audiences

You’ve used your buyer persona to generate a winning ad, and then used that ad to determine a winning interest group. Now it’s time to fine-tune your ads to create hyper-targeted ads for a highly promising target audience. These ads are known as target audience creative testing (TACT) ads.
To do this, use the same methodology as for your starter ads, testing these variables:
  • Ad copy specifically addressing the pain points and needs of your target audience.
  • Images that represent and appeal to the target audience.
  • Placements to determine where your target audience is.
  • URLs that move them further down the buying funnel toward conversion.
Create TACT (target audience creative testing) ads.
Create TACT (target audience creative testing) ads.

#6: Review Metrics and Increase Budget on the Winning Ad Combinations

Once you’ve reached the level of hyper-targeted TACT ads, it’s fairly easy to spot which ads are performing best. Look at spend, conversions, CTR, and cost per action (CPA).
In the example below, the TACT campaign is testing women ages 25-34 who are interested in workouts. The ad sets are testing placement and marital status. The ad set “In a relationship, Instagram” is outperforming the other ad sets in all metrics.
The ad set
The ad set “In a relationship, Instagram” is outperforming the other ad sets.
If you expand the ad set, you can see the performance of individual ads, which are combinations of ad creatives.
Expand an ad set to see the performance of individual ads.
Expand an ad set to see the performance of individual ads.
Once a particular ad or ad set has proven to perform well with your target audience, end the testing phase of your campaign.
At this point, you can continue to run the TACT campaign, but turn off all ads or ad sets that aren’t performing. This way, only the ads or ad sets that have the highest CTR and lowest CPA are running. Depending on how well they continue to perform and based on your budget, you might consider increasing the budget for these ads.
You can run these ads indefinitely as long as they continue to convert.
Again, this doesn’t mean you’ll end up with one final campaign. At the starter ad stage, you may find multiple combinations of winning ads that can be tested among all of your target audiences. Multiple target audiences may prove to be promising and turned into TACT campaigns.
Facebook’s platform is designed to provide near-limitless options for testing and targeting. To succeed, you need to take advantage of them in a smart way. That’s where mapping your personas to the buying funnel comes in.
Conclusion
Follow this methodology to test the power and viability of each of your buyer personas and learn the best way to market to each of them at every stage of the buying funnel.
You’ll discover which images most captivate each persona and what ad copy compels them to take your desired action. You’ll also learn if they’re more responsive to ads on Instagram, the Facebook news feed on desktop or mobile, or in the right column.
The ideal is to keep testing variables so your conversion rates continuously improve while your CPA continuously decreases.

What do you think? What techniques work for you when testing ads on Facebook? What’s your most powerful ad optimization tip? Let us know in the comments below!



Friday, 18 November 2016

10 Laws of Social Media Marketing


Leveraging the power of content and social media marketing can help elevate your audience and customer base in a dramatic way. But getting started without any previous experience or insight could be challenging.
It's vital that you understand social media marketing fundamentals. From maximizing quality to increasing your online entry points, abiding by these 10 laws will help build a foundation that will serve your customers, your brand and -- perhaps most importantly -- your bottom line.
1. The Law of Listening
Success with social media and content marketing requires more listening and less talking. Read your target audience’s online content and join discussions to learn what’s important to them. Only then can you create content and spark conversations that add value rather than clutter to their lives.

2. The Law of Focus
It’s better to specialize than to be a jack-of-all-trades. A highly-focused social media and content marketing strategy intended to build a strong brand has a better chance for success than a broad strategy that attempts to be all things to all people.

3. The Law of Quality
Quality trumps quantity. It’s better to have 1,000 online connections who read, share and talk about your content with their own audiences than 10,000 connections who disappear after connecting with you the first time.

4. The Law of Patience
Social media and content marketing success doesn’t happen overnight. While it’s possible to catch lightning in a bottle, it’s far more likely that you’ll need to commit to the long haul to achieve results.

5. The Law of Compounding
If you publish amazing, quality content and work to build your online audience of quality followers, they’ll share it with their own audiences on Twitter, Facebook, LinkedIn, their own blogs and more.

This sharing and discussing of your content opens new entry points for search engines like Google to find it in keyword searches. Those entry points could grow to hundreds or thousands of more potential ways for people to find you online.
6. The Law of Influence
Spend time finding the online influencers in your market who have quality audiences and are likely to be interested in your products, services and business. Connect with those people and work to build relationships with them.

If you get on their radar as an authoritative, interesting source of useful information, they might share your content with their own followers, which could put you and your business in front of a huge new audience.
7. The Law of Value
If you spend all your time on the social Web directly promoting your products and services, people will stop listening. You must add value to the conversation. Focus less on conversions and more on creating amazing content and developing relationships with online influencers. In time, those people will become a powerful catalyst for word-of-mouth marketing for your business.

8. The Law of Acknowledgment
You wouldn’t ignore someone who reaches out to you in person so don’t ignore them online. Building relationships is one of the most important parts of social media marketing success, so always acknowledge every person who reaches out to you.

9. The Law of Accessibility
Don’t publish your content and then disappear. Be available to your audience. That means you need to consistently publish content and participate in conversations. Followers online can be fickle and they won’t hesitate to replace you if you disappear for weeks or months.

10. The Law of Reciprocity
You can’t expect others to share your content and talk about you if you don’t do the same for them. So, a portion of the time you spend on social media should be focused on sharing and talking about content published by others.