If you have run campaigns using Facebook in the past, you will know how challenging it can be to get the cost-per-purchase to a profitable level. The bad news is that everything needs to be excellent for a purchase optimised campaign to perform - and that includes not just the campaign set up itself, but also the creatives, landing page, offering, site usability and of course the product itself.
The good news is that for the campaign set up, there is one right way to do it - once you get it right, you can focus on optimising the rest.
Before launching a purchase optimised campaign, you need to consider the following things:
I commonly see ad accounts with the following campaign structure:
The campaign set up has 2 types of campaign:
There is a problem with this set up however. It's difficult to know which prospecting audiences are driving the most retargeting sales. Facebook allocates the conversion to the most recent click (or impression in absence of a click). This means the retargeting campaign hogs a lot of the conversions and masks the conversion driving effect of the prospecting campaign.
There are a few more pitfalls I see often, such as not excluding existing customers and website visitors from prospecting campaigns which can complicate attribution even further. I will explain how to avoid these issues with our recommended structure 'Closed Funnel' below.
Now that we know it's important to understand the real impact of your prospecting campaigns, we devised a structure that gives insight into the full funnel from awareness to purchase. This allows you to answer the question "Which of my prospecting audiences is likely to purchase down the line?"
With the closed funnel structure, each campaign has 2 or 3 ad sets.
Now I know what you must be thinking - there are a lot of ad sets, audiences and exclusions to create. Thankfully, we have automated this whole process.
To make things a little simpler, if you create a campaign that is optimised for conversions, when you go to create your first ad set we will prompt you with this question:
If you say yes, we will ask a few simple questions and set everything up automatically - right there in front you.
This will leave you the time to optimise all the other things necessary for a successful Facebook campaign.