Aussie think tank to learn Facebook ad delivery from scratch (III)
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Today, let's talk about data analysis methods after an ad is available. Facebook's ad data analysis is a very important part of the ad delivery process, and it's about whether your ad can achieve your goal or generate enough turnover for you.When analyzing your ad data, you can refer to the following basic procedures:
1
Determine the purpose of our advertising. Facebook ads have a wide variety of purposes, and before we analyze them, we need to be clear about exactly what the ads do.
2
Identify important data. For example, we need to identify the following data for your ad: ad impressions, click-through rate (CTR), CPC per click, and return on ad spend (ROAs).
3
Analyze the problem data. By analyzing the problem data, you identify factors that may have contributed to the failure of your advertising purpose and determine which dimensions are associated with them.
4
Determine what to optimize. This part we need to adjust the specific dimensions of our ads. For example, audience reach, delivery area, and so on.
5
Watch your ads optimize. Advertising optimization is not possible to optimize all at once. We need to adjust the specific parameters of the ad according to the change of the specific data.
The basic analysis method of advertising data
NO.1 Dimension Analysis
Dimension analysis requires us to be clear about whether the data is reasonable and can be optimized.
Time dimension:We need to be clear at what time period our ads have the highest impressions and click-through rates. Does this time period match our ad delivery time?
Spatial dimensions:Whether our products are suitable for our delivery area, the factors affecting them include climate, temperature, etc. Whether the number of people interested in our products within the launch area meets the desired standard (refer to the CTR General Standard).
Metric dimensions:Check that key metrics meet ideal or expected standards.
Other dimensions:There are other factors that we need to consider in our ad analysis. For example, the layout problem, now about 70% of Facebook users are using mobile devices to log in and use Facebook, we can according to our needs to block a portion of the layout to achieve the goal of reducing advertising costs.
NO.2 Quadrant analysis
There are four situations in the four quadrant analysis method.
Zone 1 - High click, high conversion
In the case of customer satisfaction, further optimize the announcement, once again improve click-through rate and turn rate. At the same time, expand your new audience.
Zone 2 - Low click, high conversion
At a lower CPR, we need to optimize our advertising documentation, layout, audience, and more to improve CTR.
Zone 3 - Low click, low conversion
CtR and CVR are not up to standard, we need to consider our advertising from the beginning, is there a problem with our products? Or advertising creativity? Or is it a shopping process issue?
Zone 4 - High click, low conversion
With CVR lower, we need to think more about operations. For example, if there is a problem with a site landing page, the product page cannot be trusted by the user.
NO.3 Reverse analysis
The image above is the entire process from the time the customer sees our ad to the time of purchase. Problems at any one point can result in the entire process not going smoothly and reducing sales.
Then the main method of reverse analysis is to reverse the push on the premise of customer purchase and assume to consider all aspects of advertising.
For example, what is the problem with a customer who does not add a product to a car purchase after browsing the product's details page?
First of all, we can be sure that customers are interested in our advertising and products. Without adding a shopping cart, we need to consider whether our product pages need to be optimized. Does the product details page match the ads? Can the product add more size, more color?
Data analysis is just a means, a method. Our ultimate goal is to say, "Find the right audience for your product, find the right product for your audience." You can only make good ads if you have a thorough understanding of both the product and the audience.
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