Question 1

What if I have a small budget of $500 monthly?

Accepted Answer

Accounts with small budgets (~$500) can be extremely difficult to optimize because there’s often not enough data to recognize patterns.

For example, if a keyword got 1 click last month and 1 click this month, should we increase the bid for that keyword? Well, 1 click is not enough information to make an educated guess.

In this case you may need to manually edit the budget twice per month because you want to spend the majority of it in a short amount of days and then pull back.

Do not turn on monthly budget because then it will spend that money evenly throughout the month, which isn’t ideal.

Question 2

What are conversion action triggers?

Accepted Answer

Conversion Actions - To be able to track a conversion, we would need a "trigger" for that conversion action.

A trigger can be one of the following:

A thank you page that only loads after a successful submission/optin.
A code that runs after a successful submission/optin.
A unique event that is only executed upon a successful submission/optin. For example, CTM sends a "Calls" event once a phone number is dialed.

Question 3

When is the best time to run Facebook Ads?

Accepted Answer

Start with a Remarketing campaign only for this first month until the pixel has picked up enough matched users and conversion data in the performance history. As a side note for e-commerce you can do Dynamic Product Remarketing which pulls products from the feed much like a Google Shopping campaign.

Keep in mind that Remarketing campaigns will not be able to spend much ad budget because the audience is made up of a percentage of people that visit your site (Facebook isn't able to match 100% of site visitors back to Facebook users). Start off with $5-$10/day for this campaign and adjust from there based on the frequency of the ads being displayed.

Once you have a good audience size and historical data then you can create a lookalike audience form your existing converters and show proactive ads to that cold list in order to build awareness.

People tend to view FB ads and then convert without clicking in FB. This can happen with Google to but it is more common with FB so it's hard to directly attribute sales and judge the performance of FB campiagns. Some of the people who convert on FB might be the sample people who are converting from an ad on another platofrm like Google. Without an attributuion tracking model it is impossible to know the exact path of conversion.

Question 4

Should I Always Listen to Google’s Suggestions?

Accepted Answer

Google’s suggestions don’t take the entire picture into account.
They are usually focused on making more money for Google, and focused on hitting the high-level bid strategy’s target (which it perceives as the campaign’s main goal) at all costs.
There can be consequences to overstretching in one area in order to hit the bid strategy target.
Here is a video explaining a campaign’s “Limited by Bid” message & suggestion. The video explains why it’s best to ignore it in this case.

Question 5

What are Dynamic Search Ads (DSA) Campaigns? When should I use DSA?

Accepted Answer

DSA Campaigns are used as learning experiments - You may choose to build dynamic search ad campaigns because they help you learn what ad copy & keywords to use in the other campaigns, in case you missed any important and effective words. Adding new words to the other campaigns can be helpful to optimize -- and it can be especially helpful if you’re hitting a spend ceiling and would like to raise the budget. It’s a way to identify, rather than guess, which keywords to target.

When to use - These campaigns are 100% created by the algorithm based on the words used in the landing page -- the algorithm decides what ad text and what keywords to use. These are only good for websites that are extremely specific and have content centered on a set of keywords.

How to use - Give the campaign a small budget. These campaigns have the ability to spend a lot of money very quickly, and DSA campaigns usually have a lower conversion rate than other types of campaigns, so it’s okay to let it be in the “limited by budget” status.

Optimize - When you’re ready to see it’s results, go to the DSA campaign and click on Search Terms. Sort by impressions to see which terms have a high amount of search volume. From there, find the ones that are actually getting clicks. Use those terms in the other campaigns.

Question 6

What is the difference between Google Smart Shopping and Google Shopping Ads?

Accepted Answer

Traditional Google Shopping campaigns are only directed at users searching Google for a product to buy. This user sees the ads on a search engine results page.

Google Smart Shopping, on the other hand, is a step up. This outbound-heavy campaign uses algorithmic targeting to show ads to a very specific user. This user has shown serious interest in a specific product through their past search activity.

Question 7

Why is the conversion rate higher when leads come from paid ads vs. organic?

Accepted Answer

The paid campaigns are always going to bring in higher quality website traffic than organic search results because:

Ads have headlines and descriptions - vast amounts of them - that have been optimized for click-through-rate by us and by the algorithms.
Organic searchers aren't always going to be sent the correct page. When someone does a search on Google and finds your website in the results, they might not get to the landing page/homepage. They might end up on a blog post, etc. In fact, you can see what percentage of the website visitors enter your site from the landing page/homepage by going into analytics.google.com, clicking on Aquisition, then Search Console, then Landing Pages on the menu on the left.
You're also getting a higher percentage of people who are motivated to buy. Many people are looking for information and will end up on an article on your site. The people who do click on an ad are looking to explore your brand/product/service from the perspective of someone who is considering pulling out their wallet.

Conversion rates from paid ads tend to be 6 times higher than conversion rates from organic searches.

Question 8

Should I run LinkedIn ads?

Accepted Answer

The Social Media Examiner says proactive LinkedIn Ads (to cold leads) are only a good fit for:

High LTV ($15k+) B2B
White collar recruiting
Higher education recruiting

With remarketing it is a whole different story, since remarketing is essentially the same as adding one more place/platform/channel to display the exact same ad that we are already running with Google remarketing (Google has a very wide reach with lots of places/platforms/channels, but they can't deliver ads on platforms they do not own/not in their ecosystem like LinkedIn or FB or Reddit).

Question 9

How do I grow/scale quickly?

Accepted Answer

Trying to Scale/Grow Quickly - Training Video Here

Sometimes the ROAS will plateau, so you need to take a risk and apply more budget into the smart shopping campaign, turning off the “Target Roas goal” (this is an optional goal that lives inside the bidding strategy of “Maximize conversion value” inside of Smart Shopping Campaigns) temporarily in order to see if we can force the algorithm to “tap into” new audiences.

Question 10

How can we make use of my existing customer base? / What is "customer match" used for?

Accepted Answer

If you have a large customer list, and if your Google account is eligible for "customer match," then you can implement some cross-selling and retargeting campaigns.

Because the audience size is limited and much smaller than an audience found on Google, we won't need a large budget for this strategy.

After about a month or two of gathering conversion data, we can also create a "similar audience" based on the customer list. Similar audiences are often effective, and we will incorporate it into our proactive targeting campaigns.