Showing posts with label Facebook. Show all posts
Showing posts with label Facebook. Show all posts

Wednesday, May 2, 2018

Best practices for split testing

Best practices for split testing

Split Testing lets you test different versions of your ads so you can see what works best and improve future campaigns.
https://www.facebook.com/business/help/290009911394576
When you create a split test, we divide your audience by ad sets and test one variable (for example: different target audiences) to see if one ad set performs better. We will then determine a winning version based on which one had the lowest cost per result.
You can use these best practices to create a split test with clearer and more conclusive results.

Test one specific factor for more conclusive results

You'll have more conclusive results for your test if your ad sets are identical except for the variable that you're testing.
Testing a single variable is important when you're experimenting with different creatives. If your ad sets have several creative aspects that vary (for example: different images, different headlines and different text), then when the winning ad set is declared, you won't know which factor to credit for this result.
For this reason, after you create your first ad set, we autofill the selections that you made in the first ad set to your second ad set. You can then easily change one factor, while keeping everything else the same. Your creative test will then have only one creative aspect that varies (for example: a different image) while every other aspect in the two ads will be identical. When your test is complete, you will know your results were due to the one varying aspect.
Keep in mind that testing multiple creative variables can still yield valuable results and learnings for future campaigns.

Focus on a measurable hypothesis

Once you figure out what you want to test or what question you want to answer, craft a testable hypothesis that will enable you to improve future campaigns.
For example, if let's say you're wondering: Do I get better results when I change my delivery optimizations? Should I optimize for link clicks, impressions or landing page views?
Using this question, you can create a measurable hypothesis such as: My cost per result will be lower when I optimize for landing page views.

Use an ideal audience for the test

Your audience should be large enough to support your test, and you shouldn't use this audience for any other Facebook campaign that you're running at the same time.
Overlapping audiences may result in delivery problems and contaminate test results.

Use an ideal time frame

We recommend 4-day tests for the most reliable results, and if you aren't sure about an ideal time frame, you can start with 4 days.
In general, your test should run for at least 3 days and no longer than 14 days. Tests shorter than 3 days may produce insufficient data to confidently determine a winner, and tests longer than 14 days may not be an efficient use of budget since a test winner can usually be determined in 14 days or sooner.
For this reason, we recommend a test between 3-14 days for tests created in the API. When creating a split test in Ads Manager, you must create a test with a schedule between 3 and 14 days.
Your ideal time frame (within the 3 to 14-day time period) may depend on your objective and business vertical.
For example, let's say you're running a split test with the conversion objective, and you want to drive product sales on your website. You know that people tend to take longer than 7 days to convert after seeing an ad, so you'll want to run your test for at least 7 days.

Set an ideal budget for your test

Your split test should have a budget that will produce enough results to confidently determine a winning strategy. You can use the suggested budget that we provide if you're not sure about an ideal budget.
Learn more about the basics of Facebook split testing or learn about creating your first split test.
Create a Split Test
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Facebook Pixel Integration with SplitMetrics: Benefits, Detailed How-To Guides, Custom and Lookalike Audiences



https://splitmetrics.com/blog/facebook-pixel-integration-splitmetrics/


Facebook Pixel Integration with SplitMetrics: Benefits, Detailed How-To Guides, Custom and Lookalike Audiences


  1. .
  2. Cost per Conversion from Facebook Ads manager
  3. Search for ‘Website Registration’ or ‘Website Content’ to filter relevant columns. Enable relevant columns like:
  • ‘Website Registrations Completed’ (the number of install on your experiment page)
or
  • ‘Cost per Website Registration Completed’ (cost per install on your experiment page).
Website Content to filter relevant columns
Click ‘Apply’ and see the actions related to SplitMetrics experiments alongside with other metrics such as Spend, Impressions, Clicks, etc.
actions related to SplitMetrics on Facebook ads

Creating Custom and Lookalike Audiences

The integration of SplitMetrics with the Facebook Pixel makes it possible to create custom and lookalike audiences from the users that took a specific action during your A/B experiments. That can take you targeting to the whole new level.
All you have to do is taking 4 easy steps to create a custom Audience:
  1. To create Facebook Audience, go to Facebook Ads manager > Tools > Audiences.
creating custom Audience
  1. To create custom Audience based on some action that users took on your experiment pages, click ‘Create Custom Audience’.
 Audience based on SplitMetrics tests actions
  1. Choose the  ‘Website Traffic’ option.
Choosing Website Traffic option
  1. Start creating your new audience by selecting the pixel integrated with SplitMetrics experiments. In the course of the setup, select relevant events to include (or exclude) people:
  • Visits on Experiment Pages – you can include (or exclude) the users that visited any experiments or some specific ones. You can also add users that spend enough time on your experiment pages.
  • View Content – choose this event if you want to include (or exclude) the users that took an exploratory action. It’s better to use this event only if you have a small number of installs on your experiment page (<500).
  • Complete Registration – choose this event if you want to include (or exclude) the users that tapped the ‘Install’ button on a SplitMetrics experiment page.
Completing Custom Audience Registration
It’s recommended to use a wider lookback time range (up to 90 or 180 days) to reach more users. There is an option of refining your audience by Device (iOS, Android, Desktop).
You can also add or eliminate users from specific experiments filtering URL by domain and experiment IDs. You can get an experiment ID from the experiment landing page URL which has the following structure:
Structure of SplitMetrics URL
  • Project ID – a unique internal identifier of a group of experiments related to one application (project).
  • Experiment ID – a unique internal identifier of a SplitMetrics experiment.
Then fill in the ‘Audience Name’ input line and click ‘Create Audience’.
Creation of Custom Audience
Mind that it may take a few minutes to finish the matching of users from SplitMetrics experiments to people on Facebook.
Once your custom audience is ready, you can view this audience and check status in the Audience Manager:
checking status in the Audience Manager
We’ve noticed that advertisers start to achieve notable efficiency for their ads when the size of their ‘Custom Audience’ reaches at least 1,000 matched users. So try not to limit the size of your audience by a very restrictive filter and build audiences with at least 100 users in size.
Now you can proceed with creating a  ‘Lookalike Audience’ from your ‘Custom Audience’. It will help your ads reach people similar to the users who visited, explored or took some action in the course of your previous A/B experiments.
  1. Start creating a new ‘Lookalike Audience’:
creating a ‘Lookalike Audience’
  1. Choose the following parameters for your ‘Lookalike Audience’:
  • Select the ‘Custom Audience’ that you’ve created in the previous steps as the ‘Source’.
  • Pick countries or regions for your new ‘Lookalike Audience’.
  • Audience size ranges from 1% to 10% of the total population of the countries you have chosen. Mind that if you keep the range within 1%, the audience will be represented by the users that match your source more accurately.
Facebook ads Audience size ranges
  1. Click ‘Create Audience’.
Congratulations, now you can use better audience settings for your Facebook ads. Along with Conversion optimization, it gives you powerful tools to optimize your next ad campaigns for A/B experiments on the SplitMetrics platform.
optimize ad campaigns for SplitMetrics A/B experiments

How to Get Facebook Audience Insights for A/B Experiments with SplitMetrics

Facebook Analytics lets you understand and optimize a complete journey of your customer across mobile, web, bots and more. By integrating Facebook Pixel with SplitMetrics experiments you can get:
  • funnels;
  • automated insights;
  • rich demographics.
Funnels give you the opportunity of optimizing your user experiences and journeys by allowing you to measure conversion for a sequence of actions (view / explore /install) people take on your experiments.
This means you can learn more about conversion rates and completion times for every step on a user’s journey in the course of your A/B experiment. You can always choose a certain segment to view a funnel for a more specific group of users getting more granular insights.
Facebook Audience Insights for A/B Experiments
Automated insights are possible thanks to advanced machine learning and expertise in growth that Facebook Analytics uses. Thus, it’s able to provide valuable insights and trends automatically.
Automated insights of Facebook Analytics
Rich demographics that accompanies audience insights helps to understand your customers and potential users at a deeper level and adjust your marketing activity with these particular qualities in mind.
 Rich demographics Facebook Analytics provides
If you use Facebook traffic for your A/B experiments, it’s definitely worth integrating the Facebook Pixel with SplitMetrics. Not only will you avoid overpaying for your ads and optimize cost efficiency of your marketing campaigns, but also get an even better understanding of your target audience which may become a real game changer for your app’s performance.

splitmetrics app ab test button





Facebook Split Testing : https://www.facebook.com/business/help/1738164643098669


https://www.facebook.com/business/help/1738164643098669

About split testing

Split testing lets you test different versions of your ads so you can see what works best and improve future campaigns. For example, you can test the same ad on two different audiences to see which ad performed better. Or, to test two delivery optimizations to determine which selection yields better results.
To get started, navigate to Ads Manager and create a split test. Use this guide to understand the basics of split testing, including variables, budget and scheduling.

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How split testing works

Facebook's split testing feature allows advertisers to create multiple ad sets and test them against each other to see what strategies produce the best results. Here's how it works:
  • Split testing divides your audience into random, non-overlapping groups.
  • This randomization helps ensure the test is conducted fairly because other factors won't skew the results of the group comparison. It also ensures each ad set is given an equal chance in the auction.
  • Each ad set tested has one distinct difference, called a variable. Facebook will duplicate your ads and only change the one variable you choose.
  • To get the most accurate results from your split test, you'll only have the opportunity to test one variable at a time. For example, if you test two different audiences against each other, you can't also test two delivery optimizations simultaneously because you wouldn't know for sure which change affected the performance.
  • Split Testing is based on people, not cookies, and gathers results across multiple devices.
  • The performance of each ad set is measured according to your campaign objective and is then recorded and compared. The best performing ad set wins.
  • After the test is complete, you'll get a notification and email containing results. These insights can then fuel your ad strategy and help you design your next campaign.

Objectives available for split testing

Facebook split testing supports the following business objectives:
  • Traffic
  • App installs
  • Lead generation
  • Conversions
  • Video views
  • Catalog sales
  • Reach
  • Engagement

Variables available for split testing

Advertisers will have the option to test one of the following variables. You can test 5 different strategies with one of these variables.
  • Target audience
  • Delivery optimization
  • Placements
  • Creative
Below are some examples of variables you could split test.
Audiences:
  • Women, Age 21-30 versus Women, Age 31-40 versus Women, Age 41-50
  • People living in London versus people living in Paris versus people living in New York City
Delivery optimizations:
  • Optimize for conversions versus optimize for link clicks
  • Optimize for conversions with a conversion window of 1 day versus optimize for conversions for a conversion window of 7 days versus optimize for link clicks
Placements:
  • Automatic placements versus customized placements
  • Mobile placements versus desktop placements
Creative:
  • Ad with one image versus ad with different image versus ad with different image
  • Ad with a video versus ad with single image
Learn more about the variables you can test.

Setting a budget and schedule

Your split test should have a budget that will produce enough results to confidently determine a winning strategy. You can use the suggested budget that we provide if you're not sure about an ideal budget.The budget and audience will then be divided between the ad sets. You can choose to divide it evenly or weigh one more than the other(s), depending on your preference.
We recommend 4-day tests for the most reliable results, and if you aren't sure about an ideal time frame, you can start with 4 days.In general, your test should run for at least 3 days and no longer than 14 days. Tests shorter than 3 days may produce insufficient data to confidently determine a winner, and tests longer than 14 days may not be an efficient use of budget since a test winner can usually be determined in 14 days or sooner.
For this reason, we recommend a test between 3-14 days for tests created in the API. When creating a split test in Ads Manager, you must create a test with a schedule between 3 and 14 days.

Next steps

When the test is over, you'll receive a notification in Ads Manager and get an email with the results. Learn more about how the winning ad set is determined. Once you receive your split test results, you can review them to discover insights about the best performing ad set. These insights can help you determine your ad strategy and design your next campaign.
Create a Split Test
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Tuesday, March 6, 2018

Facebook Ads vs Boosted Posts: Which Should You Choose?

Facebook Ads vs boosted posts, which is better? This is a common question among Facebook page admins. And even if you’re relatively new to all this, you will eventually see a notification popping up encouraging you to “boost a post.” The reason being that the post may be high-performing, or Facebook’s algorithms may have found that it’s similar to content other page admins have boosted in the past.
In short, the ability to boost posts is a simplified extension of the Facebook Ads system. It was designed to be less intimidating to small business owners who were overwhelmed by the full ads system and all the options it offered.
Simpler doesn’t always mean better, however. The simplicity of boosted posts comes at the cost of the significant customization the full ads system offers.
In this post, we’re going to look at the differences between Facebook Ads vs boosted posts so you can decide which to use for your business and when:

What are boosted posts on Facebook?

The boost posts feature allows you to choose a post that’s already on your Page’s timeline, and promote it. You’ll choose a target audience, a total budget, and the duration you want it to run. Your other Page admins can also do this, but only if they’ve been given access to your ad account.
Facebook Ads vs boosted posts
Boosted posts focus on maximizing visibility for that one, single post and getting as much engagement on it as possible. This can be good for brand awareness, and the boost in engagement can provide valuable social proof. Since plenty of engagement can mean a lower CPC or CPA, you could get more results for the same investment.
Thanks to a recent update, you can also choose to encourage people to visit your site. If you choose this option instead of engagement (likes, reactions), your ad will be shown to people most likely to click. This option is only available if the post you’re boosting contains a link.
change ad objective
The interface for boosting posts is much simpler, and you don’t have nearly as many choices to make. For many small businesses, this is preferable; while it takes me about eight minutes minimum to create a pre-planned ad campaign through the full system, it only takes me about sixty seconds to boost a post.
boost posts interface

What can you do with Facebook Ads vs boosted posts?

Boosted posts are significantly more limited than the full Facebook Ads system. There are several things you can do on Facebook Ads vs boosted posts, including:
Having plenty of objective options.
Choosing an ad objective early on will help you to focus in on what you want the campaign to be. Boosted posts only allow you to focus on website clicks or engagement, but the full ads system lets you choose objectives like store visits, conversions, and lead generation (which comes with mobile-friendly lead forms). There are campaign types you just can’t create through boosted posts.
campaign types
This is significant because Facebook uses your chosen objective to show your ad to users who are most likely to take whatever action you’re optimizing for, based on their user history of activity.
Choosing detailed placement options.
Boosted posts just let you check or uncheck an Instagram placement; desktop and mobile Facebook newsfeed placements are a given. Facebook Ads let you choose placements including Facebook newsfeeds and side ads, Instagram feeds, Instagram stories, instant articles, messenger ads, and audience network ads. You can also choose if you’d like your campaign to be shown to mobile or desktop users only.
mobile or desktop
Allowing for more targeting customization.
With boosted posts, you can’t overlap audience types; you can’t for example, choose a custom audience and then add interest targeting. You can do that and more through the full ads system. Here are some of the possibilities:
pick audience
Enabling manual bidding.
Facebook Ads let you dig deep with manual bidding if you so choose. You can choose a maximum average bid, or a maximum per-bid rate. You can also choose what you want to pay for (impressions or clicks, for example). Since you can use these strategies to scale your Facebook Ads, this is a small but significant feature to keep in mind if you choose to use it.
bid settings
Gaining more creative control.
Create carousel ads, add headlines and descriptions, and choose the CTA button you think will work best for you. These are all creative and formatting options that you couldn’t utilize with boosted posts.
creative ads

When to use the full Facebook Ads vs boosted posts

99% of the time, Facebook Ads will be the right choice over boosted posts, even if you aren’t familiar with the system yet. There’s so much more flexibility. Even the ability to choose the exact objective you want your ads to be optimized for will give you more results.
With Facebook Ads, you can create a video awareness campaign. Then, you can retarget people who watched 75% or more of that video, and hit them with a lead ad that automatically fills out most of their information. Once they convert, you can retarget users who have visited your site to show them items similar to what they’re interested in buying with high-converting carousel ads.
The options are endless, and so is the potential of Facebook Ads.
It’s also worth noting that Facebook Ads has the potential to get you incredible results at a relatively low CPA or CPC.

When should I use boosted posts?

Boosted posts can still work in your favor in very specific circumstances where you want to maximize visibility of a post that you’ve published on your timeline. You may want to build social proof or brand awareness. Examples of how to use this include:
  • Announcing an event that you have coming up, which can help increase event attendance and social proof at the same time
  • Making big announcements, like the release of a new product or service, or a grand opening and gaining as much engagement and visibility as possible
  • Sharing user-generated content that you’ve reposted, which can help win over customer trust and earn you new followers

Final thoughts

If you need a quick engagement increase to help with social proof, or if you want to promote a very specific message, then boosted posts can work well for you on occasion. Ultimately, however, the full-throttle Facebook Ads creation process provides much better customization in every way possible. You have more room to optimize for your exact campaign goals and develop creatives that will rock your customers’ worlds.
Do you have any questions about the differences between Facebook Ads vs boosted posts? Feel free to share in the comments below.
#Facebook #Ads vs Boosted Posts: Which should you choose? | #socialmediamarketing Click To Tweet
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