Facebook was the fastest-growing advertising market in the fourth quarter of 2014 making the advertising platform one of the most effective methods of advertising available.
According to the Wall Street Journal,
In the U.S. and Canada, Facebookโs most-developed market, revenue grew even faster, to $9 a user, up from $6.03.
(image source, WSJ)
As of December 31, 2014, Facebook has over 1.39 billion monthly active users and 1.19 billion mobile monthly active users. And these people are essentially giving you all the details of their lives and what theyโre interested in.
Seven online properties that have reached 1 billion users. (image source, OkDork)
Businesses make tons of money on Facebook ads alone. Advertisers saw click-through rates increase 3.75X in 2013 compared to 2012. From November 2013 to November 2014, retail advertisers saw almost a 200% increase on their return on investment with Facebook ads.
All of this is to say that, as Facebook advertising platform continues to grow, your business can join and reap the benefits of that platform. Itโs not too late to figure out how to make Facebook ads work for you.
(image source, Kenshoo)
If youโre running Facebook ads but not seeing any results and youโre just about to curse it and drop your Facebook advertising campaigns altogether, Iโm about to tell you about 27 Facebook advertising mistakes you can avoid toย start seeing real results.
By avoiding these mistakes, youโre going to stop wasting money and start earning it.
Here are the 27 Facebook advertising pitfalls to avoid.
1. You havenโt clearly defined your goals.
First thingโs first: you MUST have a goal in mind. The easiest mistake to make in running Facebook ads is not having a clearly defined goal because you wonโt know what signs of success to look for.
(image source, Facebook)
You have the choice to increase page engagement, get likes, send people to your website, giveaway offers and so on. Now you have to decide which type of ad will help you reach your goal.
Are you trying to collect emails? Or promote a specific product? Or get more sales?
2. You arenโt targeting or segmenting your audience.
Say I walk into the middle of a crowd on a busy street with a megaphone and say, โBuy my new app thatโs going to change the way you listen to music!โ
Everyone would look at me like Iโm a crazy person. Chances are, no one there will care about my app and no one wants me to change how they listen to music.
Thatโs essentially what youโd be doing if you serve your ad to everyone on Facebook (itโs also a waste of money). You need to segment your audience, determine what type of people are interested in your business and target specific groups of people based on their location, their interests and demographic.
3. Youโre not testing your audiences.
When I first started running Facebook ads, I knew about segmenting and targeting audiences. I thought I knew who my audience was so I targeted those people. Turns out there was another group of people who were more interested in what I had to offer.
Educated guesses are good, but itโs best to test our assumptions. Thereโs an old Russian proverb that says, โTrust, but verify.โ
Test your audiences to make sure youโre targeting the right audience. Also test other similar demographics to see if you can expand your target audience.
4. Itโs not clear what youโre offering.
Donโt be like this ad.
(image source, Sandstone Melons)
So they have melons. Are they edible? A clearer message would be, โFresh cantaloupes from Arizona, available at your local Samโs Club.โ At least that would tell me they want me to buy their melons.
If your offer isnโt clear, no one is going to take a second look at your ad.
Take a look at the next two ads.
(image source, Virgin America)
(image source, Five Four Club)
For the first ad, $25 off a future flight? Awesome. They take Visa? Great, I use Visa.
The second ad is a little more vague. Itโs not too clear what they mean by โItโs like shopping. Without all the shopping.โ However they offer a $20 off coupon, presumable to buy shirts. In this case, although itโs vague what they do, they do provide a clear offer.
The best Facebook ads have ONE clearly defined offer.
5. Youโre pushing people to your homepage instead of a landing page.
People need to be told what to do. If someone clicks through your ad and end up on your website homepage, they wonโt know what to do. Should they read your about page? Or look at your products? Shouldย they contact you instead? Or theyโll just leave your website.
If someone has clicked to your website, then theyโve shown some interested in what you have to offer and thatโs rare. So now you have to keep their attention by telling them exactly what to do.
So push them to a well-designed landing page where thereโs one clear call to action. The landing page should also provide something of value that will keep the reader interested.
6. Youโre sending people straight to a sales page.
Imagine you get a call from an unknown number. You answer the phone and they start selling you on some diet supplements. You would no doubt hang up or tell them youโre not interested.
Whereas Google Adwords are search-based, Facebook ads are display-based. People donโt see your ad because theyโre searching for it. They see it because youโre putting it in front of them based on what they say they like, not what they say they will buy.
When someone clicks on your ad, they donโt expect to be sold right away. They donโtย wantto be sold.
Instead, you should grow their interest by sending them to a landing page with useful information.
(image source, Hubspot)
7. Your landing page isnโt converting.
Thereโs no point in pushing people to a landing page if they donโt convert. Optimize your landing page for conversions.
If you want to collect emails, then provide an enticing offer and provide a clear call to action for the reader to enter their email.
If your Facebook ad is good enough to generate a click, you donโt want to lose that opportunity by having a weak landing page. Hubspot has a great article on what makes a good landing page.
8. Youโre too focused on getting likes.
Likes are fine, but they wonโt get you sales. At Single Grain, our goal is to increase the bottom line for our clients, so we focus on sales and conversions.
Facebook is slowly adding new features to help advertisers increase conversions. Itโs a good idea to take advantage of these new tools.
(image source, Warby Parker)
In this ad, Warby Parker displays multiple products that I can browse through, giving them more opportunities to sell me on a pair of glasses.
Again, if your goal is to get more likes,ย thatโs fine, but you have more tools at your disposal to generate sales, and dollar signs are nicer to see than a thumbs up.
Noah Kagan shares how you can profit off your first $100 Facebook ad spend.
(image source, Jon Loomer)
9. Your images arenโt the right size.
Facebook has a huge caveat on what images sizes are best for different positions. Youโll find that your image will get cut off if you donโt abide by these image dimensions,
Jon Loomer did the legwork and provided us with the exact Facebook image dimensions. Now you wonโt spend all your time designing an ad and find out that itโs the wrong size.
10. Your headlines are boring.
The headline is arguably the most important part of your ad because itโs your first chance to make an impression on the reader. If it doesnโt catch their attention, they wonโt read the rest of your ad.
Copyblogger has a great article on how to write headlines that work.
(Image source, Social Media Examiner)
11. You arenโt A/B testing your ads.
From your headline, copy, image and call to action, all elements should be split tested to optimize your ads performance.
Just because an ad is working right now, doesnโt mean itโll work next month or next week. By testingย different versions of your ad, you will keep it up-to-date and ensure it continues to perform well.
12. Too much focus on artistic eye.
Some advertisers make the mistake of going with โartistic instinct.โ Hereโs the thing: what you want to see may not be what your customers want to see.
If youโve tested your ad elements (which you should be) you may find that an image you donโt particularly like is performing better than all other images. The numbers donโt lie. Forget your artistic intuition and let the numbers decide which image to go with.
You need to optimize your ad for conversions, not aesthetics.
13. You have a weak call to action.
A weak call to action is like building up hype, but not taking advantage of it. If youโve mastered your headline and image, you need a call to action to take the reader to the next step.
Increase conversions for your ad by writing a powerful call to action.
14. Youโre not using tracking URLs.
Tracking URLs tell you the source of your traffic. You can create these custom URLs using Google URL builder. If youโre sending users to a page on your website, tracking URLs help you determine the effectiveness of a campaign. This becomes really useful if you have multiple campaigns going running on different channels like Twitter, your blog, YouTube and so on.
15. Youโre killing ads too soon.
Your Facebook ads wonโt always work immediately. Depending on the daily budget you set, you may need to give your ad 2-3 days to give you actionable data. Once you have that actionable data, you can pull useful reports and know the proper steps to take to improve your ads.
16. Your audience might be too narrow.
oCPM bidding works best on audiences >1,000,000 people (try narrow audiences with cpc or cpm bids).
Facebook recommends starting with CPC bidding before you even try oCPM. Get some benchmarks in place for CTR, conversion rate, and relevance score. Then Facebookโs algorithms will have more data to work from.
(image source, Facebook)
ย 17.ย Youโre putting all your eggs in one basket.
Donโt make the mistake of putting all your ads in one ad set. You should have multiple ad sets, each targeting a different audience. This helps you avoid saturating your audience with the same ad over and over and allows you to send different ads to each demographic.
Say youโre an online business based in California and youโre trying to get clients in New York. You canโt expect someone from New York to understand the same references that a Californian would understand. Itโs a different culture. Make sure your ads are segmented and tailored for each demographic.
With the new structure of Facebook ads, Facebookโs algorithms do a better job of choosing winners and losers from your testsโฆ but only if you set them up correctly! The infographic above shows you the best practices.
(image source, Digital Marketer)
18.ย Youโre not taking advantage of retargeting.
Have you ever done some online window shopping on Amazon then went on Facebook and saw an ad for the exact item you were looking at? Youโve been retargeted. But retargeting isnโt only for e-commerce. You can use it for any page on your website.
You can set a retargeting pixel on specific pages on your website so when people land on your page, a cookie is dropped on their browser. Then you can retarget them with a relevant ad.
This tactic only targets people who have already demonstrated interest in your business by visiting your website. Much less effort than getting a new lead.
19. You arenโt using lookalike audiences.
If youโve been retargeting and advertising to your current customers frequently youโre going to experience ad fatigue quickly.
At that point, itโs time to expand your reach using Facebook lookalike audiences.
Lookalike audiences help you reach people who are similar to your current customers for fan acquisition, site registration, off-Facebook purchases, coupon claims and brand awareness.ย
(image source, Jon Loomer)
Using Facebooks lookalike audiences took, you can analyze your current customers and Customer Audience lists to create a new segment based on their similarity to your customers.
20. Donโt forget to check your placement/demographic reports.
Facebook has included some awesome default reports in their updated reporting section including โResponder Demographicโ and โPlacement Based Metricsโ.
Even if you donโt segment your audiences by age, gender, or placement, that doesnโt mean you canโt get that valuable data. Say you have a campaign targeting people of all ages and all placements. By running these reports, you can see if there are any sub-audiences that are more active than others.
What if most of your conversions are coming from 25-35 year old males? What if your mobile CPA is 50% less than desktop? These reports can help you identify if there are any key audiences that you should be focusing on.
21. Youโre not taking advantage of CPM bidding.
If youโre looking to develop awareness instead of getting sales, CPM bidding could be your best option. If youโve got a targeted audience size of about 10K, then CPM bidding may be cheaper than CPC bidding.
22. Donโt try and get the cheapest clicks or impressionsโyou get what you pay for!
Cheap clicks donโt equate to quality. Thereโs a reason the highest bidder get the most clicks, because quality clicks are in higher demand. It depends on your situation, if youโve managed to target a small niche that generates cheap high quality clicks, awesome.
The key thing to remember is that itโs about quality, not quantity.
If you have an email list, you can target them using Facebook ads. This takes advantage of people who have already shown interest in what you have to offer and pushes them further down your conversion funnel. It takes much less effort than generating a lead.
24. Donโt change your bids/budgets too frequently (max: 3x/day for oCPM)
This also falls into Facebookโs recommended best practices. You need to be patient when youโre testing different budgets or Facebook wonโt have enough time to show an effect. We recommend only making one or two changes per day then LEAVING IT ALONE for at least a day to let the computers do their thing.
I know itโs tempting to constantly tweak your campaigns, but youโll miss out on impressions due to your ads being in โwaiting approvalโ limbo all day.
25. Youโre setting it and quitting it.
This is the biggest reason advertisers lose money on Facebook ads. They set up their campaign and just let it run without checking on it. If you have tons of money, then the money probably isnโt a big deal, but you wonโt be getting returns from your ads.
If youโre on a small budget, you probably want to get as much bang for your buck as you can. That means you have to check on your ad regularly, at least weekly or daily. Run your reports and review the data.
You want to keep an eye on your click-through rate (CTR), cost-per-click (CPC) and cost-per-acquisition (CPA) to make sure they arenโt horrible. If so, then you can pause your campaign and adjust your ad to lower your CPC and CPA and increase your CTR before itโs too late.
(image source, KISSmetrics)
26.ย Youโre not tracking ROI.
You may be checking up on your campaigns regularly, but if youโre not tracking for ROI, then your CTR, CPC wonโt matter at all.
KISSmetrics has an amazing infographic on how to track online ad ROI.
27. Youโre not scaling up on whatโs working.
If your ads are performing amazingly, then by all means, scale it up (as long as itโs in your budget). What some advertisers donโt understand is that, if your ad is performing well and generating sales, itโll pay for itself (and more) if you scale up.
Conclusion
Donโt worry, that was a lot of information to take in at once. By no means should you try implement every piece of advice here. That would just get exhausting.
The important thing to remember is that thereโs hope. Facebook ads CAN be a profitable marketing channel IF done correctly.
By following the steps above, youโll improve your Facebook ads little by little and youโll start to see the return on investment.
So how are you going to start doing Facebook ads differently?