Social Media Ads Flashcards
Advantages of Social Media Ads (5):
- Tailor your message to target audiences
- Create interactive and engaging ads.
- Test and optimize ads.
- Leverage smart algorithms.
- Fit any budget!
Advantages of Paid Advertising (over free organic):
- Increases your Reach.
2. Target a Specific Audience.
5 Differences Between Paid Ads and Organic Posts:
- Guaranteed to be displayed.
- Shown to the target audience of your choice.
- Control over when and where you ad is shown (people will see your message).
- Labeled as “sponsored” and often have a CTA button.
- Payment determined by auction.
In general, the cost of an ad auction is determined by 3 things:
- how much you are willing to spend.
- how many other advertisers are trying to reach that particular audience.
- how relevant your message is to that audience you are trying to reach.
Factors Governing Platform Selection
- Target Audience (who/age/location you want to be exposed to)
- Budget (how many platforms you can advertise on and which one will give you the highest return for your investment)
- Type of Content (different platforms work better for different types of content)
Ads usually charge you for one of two things:
- Number of clicks your ad receives.
2. Number of Ad Impressions.
What are Ad Impressions?
The number of times an instance of an Ad is on the screen for the first time. So if an Ad is on screen and someone scrolls down and then scrolls back up to the same Ad, that counts as one impression. However, if an Ad is onscreen for someone two different times a day, that counts as two impressions. Other platforms might apply different logic to when an impression is counted, but generally, it’s linked to an Ad being displayed.
Which social media platform allows you to send sponsored messages directly into the inboxes of your target audience?
The FIVE components of a Social Media Ad:
- Target Audience
- Copy (Text of Your Ad)
- Ad Creative
- CTA (Call-To-Action)
- Destination aka Landing Page (should feel like a natural extension of your ad with matching images and offers mentioned in the landing page as in the ad)
Social Media Ad COPY:
- what does your brand stand for?
- what value do you offer?
- what problems do you solve?
Five elements of an ad on Facebook and Instagram:
- Page Icon
- Visual
- Copy
- CTA (Call To Action)
- Engagement Features
What does your campaign objective determine?
Which metrics you will use to evaluate success (KPI’S)
1 Example Campaign Objective::: Brand Awareness. You want more people to find out about your brand. What metric/KPI would you look to evaluate?
KPI: “Ad Recall Lift” - shows how many people would remember your ad if they were asked within two days after seeing it.
What is “Ad Recall Lift”?
The number of people who would remember your ad if they were asked within two days after seeing it.
2 Example Campaign Objective::: Website Traffic. You want to drive more people to your website. What metric/KPI would you look to evaluate?
KPI: Number of website visits, cost per visit (number of website visits as a result of your campaign AND what each visit costs you).
3 Example Campaign Objective::: Sales/Conversions. You want to achieve more sales. What metric/KPI would you look to evaluate?
KPI: Number of purchases: ROAS: Return on Ad Spend.