Evaluate Campaign Results in Meta Ads Manager Flashcards

1
Q

Why is it important to evaluate campaign results in Meta Ads Manager?

A

Evaluating results helps businesses measure ad performance, optimise future campaigns, and improve return on investment (ROI).

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2
Q

What are the key metrics businesses should track in Meta Ads Manager?

A
  • Impressions – Number of times an ad was shown.
    • Reach – Number of unique people who saw the ad.
    • Engagement – Likes, shares, comments, and clicks.
    • Click-through rate (CTR) – Percentage of people who clicked after seeing the ad.
    • Conversion rate – Percentage of users who completed the desired action (purchase, sign-up, etc.).
    • Cost per result (CPR) – Average cost for each achieved goal.
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3
Q

What is the difference between Impressions and Reach?

A
  • Impressions count the total number of times an ad is displayed.
    • Reach counts the unique users who saw the ad at least once.
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4
Q

What is click-through rate (CTR), and why is it important?

A

CTR = (Clicks ÷ Impressions) × 100%. It shows how many people clicked on the ad after seeing it, indicating ad effectiveness.

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5
Q

How can businesses reduce cost per result (CPR)?

A
  • Improve ad relevance and quality.
    • Use better audience targeting.
    • Test different creatives and CTAs.
    • Optimise ad placements.
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6
Q

What are conversion metrics, and why are they important?

A

Conversion metrics measure how many people complete a desired action, such as making a purchase or signing up. They help businesses track return on ad spend (ROAS).

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7
Q

What is return on ad spend (ROAS), and how is it calculated?

A

ROAS = Revenue from ads ÷ Ad spend. It measures how much revenue a business earns for every dollar spent on ads.

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8
Q

What tool does Meta provide to track conversion events?

A

The Meta Pixel and Conversions API track actions like purchases, sign-ups, and leads on a website.

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9
Q

How can businesses compare ad performance over time?

A

By using the Breakdown Tool in Ads Manager to compare results by time, placement, audience segment, and device type.

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10
Q

What is the Attribution Setting, and how does it impact campaign evaluation?

A

The Attribution Setting determines how long after clicking or viewing an ad a conversion is counted. Common settings include:
* 1-day click
* 7-day click (default)
* 1-day view

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11
Q

How does the Learning Phase impact ad performance?

A

The Learning Phase occurs when Meta’s algorithm tests different ad placements and audiences to optimise delivery. It stabilises after 50 conversion events.

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12
Q

What is A/B testing, and why is it useful?

A

A/B testing compares two versions of an ad to see which performs better, helping businesses refine their targeting, creatives, and budgets.

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13
Q

How can businesses export and share reports from Ads Manager?

A

Businesses can use the Ads Reporting Tool to create, export, and share custom performance reports.

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14
Q

What are best practices for evaluating ad performance?

A
  • Track metrics that align with campaign objectives.
    • Compare current performance with past data.
    • Adjust audiences, creatives, and placements based on results.
    • Use A/B testing for continuous improvement.
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