Facebook is arguably one of the most popular and most used tools in the world. Ever wondered, how you can use Facebook ads to generate leads for your business. You will be surprised to know that there are several options available, where you can use Facebook Ads to generate leads for your business.
Day by day, month by month and year by year, Facebook is increasing its presence worldwide. More than 800 million people ‘like’ something on Facebook every single day. As you plan your product promotions, you will be surprised to know that Facebook offers you several segmentation options as well as multiple layers of targeting, so that you can reach your relevant target audience precisely to maximize ROI. You might also want to check out Google Search or Display ads – what is better for lead generation
Video ads appear fairly large in the user’s News Feed and offer more engaging content than static posts. With 8 billion videos being watched on Facebook every day, it serves as an interesting and potentially profitable ad type for marketers to try out.
Need some inspiration? Check out this example from Nasofilters above
Advantages of Facebook video ads
Another type of rich media advertising on Facebook is a post of an image. This is one of the most popular types of ads ever since Facebook began favouring visual content. The optimal size for News Feed photo ads is 1200 x 628 pixels; If you are not using this size, your image will get cropped.
Adjust your image based on the target audience’s needs and be sure to include something that will appeal to them the most.
Alongside, you will see an example of a photo ad from Myntra
Advantages of Facebook Photo ads
Multi-product ads allow advertisers to showcase multiple products within one ad. Viewers can scroll through the images and click on individual links to each product. You can promote multiple of anything, not just products — like different blog posts, ebooks, or webinars. These ads can be created in the Facebook Power Editor.
Alongside, you will find an example of a multi-product ad from Shutterfly, along with the additional images that are used in the ad. Each image has a different offer, to appeal to many different demographics in one ad.
Advantages of Facebook multi-product ad
Local ads on Facebook only work if your business has a physical location that you are trying to drive real foot traffic to. This ad type works best with Facebook’s location-based targeting, helping you to reach people who are currently near your store.If you fall into this category, then locally targeted Facebook ads may be a great fit for you, as you can hyper-target on Facebook
Take this ad for example from Mizzou Campus Dining:
Why this works
An offer ad is a newer form of Facebook advertising where a business can promote a discount on a product or service that can be redeemed on Facebook.
The benefit of this? It eliminates one step in the buyer’s journey, which ultimately increases sales.The offer ad has many benefits. First, it drives the user directly to the offer. The user claims it directly on Facebook, removing any added friction of needing to go to your website for the offer. You also can reach any type of audience that you want, as all the Facebook targeting options are possible.
Finally, you can include all the information needed for the user to decide if they want it or not, including the time period it is usable, the number of people who have already claimed it, and the exact amount the offer is for. This will eliminate any unqualified clicks, which cost you money. Here’s an example of an offer ad from Samsung:
Advantages
Event ads promote a specific event. The CTA on these ads usually send users directly to the ticket purchase page, wherever that happens to be hosted.
Using this type of ad will help drive a targeted group of people to attend your event. These will show up in the News Feed of the specific audience you’ve chosen. Events are a big part of most businesses, but getting people to attend even a small event, can be tricky.
Promoting your event to a targeted audience on Facebook can help drive the right kind of attendees. A good ad in this format will clearly show the benefit of attending the event; The price, dates, and a clear CTA to purchase a ticket.
The events ad alongside for the Tortuga Music Festival displays the date and time and the bands playing
A retargeting ad promotes an ad to a specific list of previously identified people. Have you ever seen ads follow you across the internet after visiting a certain website?
Then you’ve seen a retargeting ad.Facebook has the same capability. An advertiser can advertise to a list of leads or customers by uploading a list of email addresses it already has into the Power Editor to make a custom audience. A good retargeting ad acknowledges that the brand knows you’re already interested in its product. (Because, let’s face it … retargeting can be a little creepy.)
A boosted post is an organic Facebook post that was originally posted on a Facebook page and was later boosted with advertising money. This is different from the above ads because it’s not created in the Facebook Ads Manager. You can include more in the description, as there is no limit to word count on boosted posts like there is in ads. You can also have a link in the copy. The cons? Boosted posts leave you fewer options for bidding, targeting, and pricing. You also cannot run any types of A/B tests because you’re promoting a post that’s already been creating, not creating one from scratch.
Here’s an example of a boosted post from Bustle, who promoted one of its articles on Facebook.
As is evident now Facebook offers a number of options, where you can can use different types of Facebook ads to generate leads for your business. It is for you to make some smart choices and experiment with different types of Facebook ads and make the best use of it for your business.
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