CitizenNet Facebook Audience Planning and Purchasing Playbook

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    The Audience Planning &

    Purchasing Playbook for

    Facebook Advertising

    Moving Beyond the Fan: How to use Facebooks new

    Audience Insights Tool to Double your Facebook Advertising

    Results by Growing your Audience without Decreasing

    Response Rate

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    Contents

    Audience planning is Vital to Success with Facebook Advertising 1

    The Problem with Only Targeting Your Fans 1

    What about Lookalikes? 3

    The Problem With Only Targeting Content on Display Networks 3

    Targeting and Creative 3

    A How-to Guide for Audience Discovery and Planning 4

    Discovering your Target Audience 4

    Building the Audience Plan 6

    Example 8

    Building Out the Campaigns 9

    Ongoing Optimization 9

    End of Flight Check 9

    How CitizenNets Technology works 11

    More interest categories. 11

    More powerful scoring 11

    More detail 11

    References 12

    CitizenNet

    CitizenNets patented technology leverages innovative processes in natural language processing,

    semantic analysis, and machine learning to analyze billions of data points from across the social

    web and deliver actionable insights for Facebook Advertising. Clients include Live Nation,

    Oakley, Sony, House of Blues, as well as other industry leading brands and the agencies that

    serve them. Solutions include both self-service platform licensing and fully-managed service.

    CitizenNet is a Facebook Ads Preferred Marketing Developer.

    www.CitizenNet.com

    July 2014

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    If youre only talking to your fans youre missing the big opportunity on

    Facebook. Before now it was hard to expand an audience intelligently,

    without scaling too broadly based on demographics, or guessing at

    additional interests based on intuition. Using Facebooks New Audience Insights

    tool and this guide, you can make data-driven decisions and enjoy reliable

    growth. At CitizenNet, we have used these same techniques to dramatically

    increase audience size without sacricing response rates. The key is moving

    beyond Facebooks interest targeting and nding un-expressed afnity. When

    done correctly, these predicted afnity audience clusters drive both long-

    term and short-term revenue, because you can identify new market segments

    and increase overall awareness without sacricing results. This guide and the

    included Excel Worksheet will provide a step-by-step solution to unlock the

    power of Facebook Advertising using the new Free Audience Insights Tool.

    Audience Planning is Vital to Success with Facebook

    Advertising

    Headlines about Facebook Marketing can give you whiplash. Many brands

    highlight strong success stories, while others publicly decry the platform. Which

    is true? Is Facebook a revolutionary marketing channel or just a fad? Based

    on the results seen with many brands, its safe to say Facebook can be a gamechanger IF it is done right--so whats the difference between brands that are

    doing it right and seeing success and those that are doing it wrong and crying

    foul? The answer is Audience planning.

    Without successful audience planning, brands are either targeting too broadly

    or too narrowly. For example, if an Education brand typically targets Adults

    Aged 18-49 and applies that same targeting to Facebook they can achieve a

    huge number of impressions, but they arent well targeted enough to generate

    an acceptable level of response or return on investment. Facebook has huge

    penetration with every demographic in the US (see sidebar Why Facebook

    should be a bigger part of your marketing mix). However, unlike Paid Search

    advertising, which delivers consumers who are very close to making a purchase,

    Facebook reaches consumers much earlier in their decision journey. In order

    to achieve a high return on advertising spend, advertisers must zero in on

    subsets of their typical demographic target who are more likely to respond. The

    alternative to audience planning is to rely on other targeting tools. Facebook

    Fan targeting, Facebook Lookalike targeting, or display advertising targeted

    to relevant content are three popular methods but each of these has their

    limitations.

    The Problem with Only Targeting Your Fans

    The easiest subset with the strongest predicted response is often a brands own

    fans -- Facebook users that have already sought out and liked the Facebook

    page. This is the most common targeting strategy, but there are three bigproblems with this.

    1. Your fans arent new customers. Using the same Education client

    example, students often dont like a schools page until they are

    enrolled in a program. Facebook can be a great platform for driving

    incremental / repeat purchases, but many brands would like to

    accomplish other objectives

    Why Facebook should be a bigger part

    of your Marketing Mix

    In considering channels, modern marketers

    have many options and may wonder, How

    much of my budget should I spend on

    Facebook Ads?

    Currently, many brands are allocating 10-20%

    of their digital marketing budget to Facebook

    (this can be larger for brands that haveadditional budgets for content creation, and

    community management). However, some

    marketers are achieving breakthrough success

    by allocating larger portions of their budget

    towards Facebook ads. The reasons are

    simple: Facebook has reach and frequency,

    the targeting and accountability that comes

    with digital media, and high impact creative.

    Reach and Frequency

    Facebook reaches 71% of all American

    adultsAand 73% of 12-17 year olds. 64% of

    Facebook users visit every day.B Despite

    reports of Facebooks declining popularity

    with younger demographics, Forresters latest

    reportCcites Facebook use among 13+-17

    year olds is pervasive and a vital part of their

    social networking activities for 89% of the

    group. With consumers spending so much

    time online, and with so much of this time

    aggregated on Facebook it is a must for any

    brand of any size.

    Targeting and Accountability

    As users spend time on the Facebook

    platform, it captures information about their

    interests and behaviors to provide one of

    the most targetable audiences ever available

    to a marketer. In June of 2014, FacebookannouncedDthey would even begin to use

    browsing history to improve targeting.

    Facebook offers segmentation across

    geographic and demographic variables as well

    as audience groups from 3rd party research

    companies including Acxiom, Datalogix and

    Epsilon. This is unprecedented access to

    research that might normally cost advertisers

    thousands of dollars. Other online sites are

    plagued by ad viewability issues and click

    fraud, but Facebook provides signicant

    insulation against these problems, ensuring

    ads are seen by actual human consumers

    (not bots). This targeting combined with the

    detailed reporting for optimization makes

    Facebook a reliable source.

    High Impact Creative

    Facebook has one of the most integrated

    advertising environments of any online

    channel. Users go to Facebook to read the

    News Feed and ads are IN the News Feed

    and look just like Native Content. This

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    2. Many people dont Like Pages. Even if the fans of your page are rich

    territory for nding new customers or driving incremental sales, the

    scale is severely limited because many people dont Like pages.

    Clearly likes are not a good way to target potential customers.

    Facebooks internal targeting algorithms are very good at targeting

    people who have expressed afnity (checking in at a store location, or

    positively mentioning a brand in a comment or post). However, this is

    still a very small subset of the potential audience, and often too small to

    achieve the scale necessary for success.

    3. Likers Like Lots of Pages. It turns out that those people who like

    pages, tend to like lots of pages, across lots of categories. Since most

    brands are using interest targeting (likes) to build Facebook ad plans,

    (targeting their fans, or their competitors fans) the demand for these

    likers is high. Because Facebooks ad marketplace is auction based, this

    drives up the cost to reach these audiences, making them inefcient.

    dramatically decreases banner blindness

    as long as the ads are relevant to the user.

    Facebook wisely limited Video Ads in the

    newsfeed until users were used to seeing

    video content from friends, family, and

    entertainment outlets. Now video ads are

    truly native content and consumers actively

    engage with them. Within mobile, the ad

    units completely ll the display, making them

    particularly powerful.

    Mobile

    ComScore reportsEthat in May of 2014,

    Mobile Apps surpassed the desktop browser

    and all other platforms for time spent online.

    Facebook is the #1 mobile app with usage by

    76% of the USFand 24% of ALL time spent

    on mobile devices.G Facebook is bigger than

    Googles mobile search, Twitter, Instagram

    EVERYTHING. A Facebook campaign is a

    mobile campaign!

    Audience Feedback

    Facebook is the worlds greatest focus group.

    Companies no longer have to recruit panelists

    and rent a room with a one-way mirror to nd

    out what their customers think about a new

    product. Brands can test messaging strategy

    and targeting within Facebook and receive

    instant feedback in the form of actual user

    comments, as well as metrics like engagement

    and conversion rates. These insights can save

    money and improve response when applied

    to all other media channels, both online and

    ofine.

    Social Advertising budgets have been

    increasing by nearly 30% for the past several

    yearsH, and the rst brands to make a serious

    commitment to Facebook have made major

    gains in their verticals.

    of people have NEVER liked a brand

    on Facebook.

    of those that have liked a company in

    the past dont do so anymore.

    of users like fewer than 5 brands1

    32%

    22%

    66%

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    What about Lookalikes?

    Facebooks built-in lookalike targeting is a great tool for moving beyond a core audience or page fans, however even this is too

    limited. Facebooks lookalike targeting hinges on identifying specic earmarks of your audience and then nding those same

    markers on other Facebook users. On the surface this sounds good, but the problem is the markers that are the most visible to

    Facebook may not be the ones that are most predictive of response. For example, Facebook may expand along dimensions of

    demographics or behaviors that have no bearing on response. Not all 18-24 year olds are likely to have the same response to an ad

    from an online education company. Lets assume Education level (High School Diplomas but No College Degree) and employment

    (Employed) are the key attributes for responsive Audiences in this case. Even if Facebook correctly identies those factors, there

    may be signicant differences between those who are employed, but are working in different types of jobs, and Facebook maynot identify this nuance. Similarly the same type of job might indicate a different response rate depending on geographic location

    (Restaurant employees in a metropolitan city may be more career oriented than those in a rural area). Ultimately, Lookalike

    audiences are too limited, and dont necessarily target an audience that is likely to convert, just an audience that looks like another

    audience. Audience planning uses data to predict new audiences who dont look like your current customers but who do respond

    to your offers.

    The Problem With Only Targeting Content on Display Networks

    One way companies solve the targeting issue is selectively targeting content on publishers or ad networks. The belief is that this

    captures users who are expressing interest in the topic, and so are better qualied prospects. There are several problems with this

    approach. Usually the dominant brands in any category have such a strong presence on all the relevant pages that its impossible

    for a mid-tier brand to have any share of voice. This pushes those brands to second tier sites with questionable content, which

    then casts a negative light on the advertisers. Furthermore, users are often closer to a decision when they begin researching in

    this focused manner, and they are no longer gathering options to consider. By the time they are reading specialized content, they

    are only evaluating from a few choices which means advertising for a new brand is a wasted impression.

    Facebooks scale means its impossible for one brand to own all the relevant impressions. With proper targeting and audience

    planning, brands can concentrate on their best prospects even more efciently than with other display options. Facebooks News

    Feed content is largely based on a users interests and past behaviors, so it is always high quality. Facebook offers the opportunity

    for a brand to engage with a prospect early in their consideration process, even CREATING interest with new customers.

    Targeting and Creative

    The key to relevant creative is understanding the audience and

    their unique needs. Digital media creates an opportunity for true1:1 targeting, where each offer can be customized specically to

    the person reading it, but without well-dened audience planning,

    creative can be too generic or too specic. For example, some

    Education prospects might respond to messaging about a better

    career and more money. Other targets respond better to messaging

    that highlights convenience and student support. Proper audience

    planning and targeting ensures that the right message reaches the

    right customer at the right time.

    Facebook Advertising with proper Audience Planning solves all these problems. The platforms scale reaches a large audience

    and (when properly planned) delivers prospects with strong interest, who can be targeted with high-impact creative. With proper

    audience identication, compelling creative and efcient frequency brands can create and cultivate the interest and desire that

    grows revenues and delivers the success stories brands are seeking with Facebook.

    Clearly Audience planning is the key to success on Facebook Heres how to do it!

    Facebook oers the opportunity for

    a brand to engage with a prospect

    early in their consideration process,

    even creatinginterest with new

    customers.

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    A How-to Guide for Audience Discovery and Planning

    The list of the biggest advertisers on Facebook reads like a Whos Who of Successful Marketers2. Whether your objectives

    are focused on direct response initiatives or branding and demand generation Facebook Advertising can be one of your most

    successful channels.

    Discovering your Target Audience

    Audience Discovery uses two very important concepts. A Core Audience and a Predicted Afnity Audience.

    A Core Audience is a group of people who have clearly expressed afnity for a product or service, and are representative of other

    potential targets. Typically, a Core Audience would be the existing fans of a relevant page.

    A Predicted Afnity Audience is the group of people we are predicting (based on the analysis described below) will have a strong

    response but are outside of the core audience. Predicted Afnity Audiences create scale, without sacricing response rate. This

    group has an Afnity for the product, but its an Un-Expressed Afnity because they havent yet liked the products page.

    The Facebook Audience Insights Tool, released in late June of 2014, is a treasure trove

    of information about any audience. Put in just about any keyword or interest category

    and you will see a ton of demographic, psychographic and life stage information. You

    can also use this for insights on custom audiences, etc. We will use this tool extensively

    in this guide. As you build research on Audiences and create different parameters, besure to save them in Facebook! That will make it easy to target them when you build the

    campaigns later.

    Continuing with the education vertical, lets say we are targeting registrations for an online business course focused on small

    business owners (not an executive MBA).

    Whats a good example of a core audience? Well known publications, blogs, and other specic resources are usually great

    magnets of curated audiences. Why not Entrepreneurmagazine? We will use that, along with the Facebook category of

    Entrepreneurship.

    This gives us a reach of about 8m 9m monthly active users. This is still a bit broad. Looking at the other categories available,

    lets use the Work and Financial sections to hone in on our target:

    Predicted Anity

    Audiences create scale,

    without sacricingresponse rate.

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    Here we will select those users who work from a home or small ofce, and who have a Net Worth

    under $1M. Notice how adding these settings drops the reach to 1.5M 2M people. Well use this as

    our core audience.

    Sowere done, right? No. This targeting probably wont work too well and stopping here is why

    some brands fail with Facebook Advertising. First off, Facebook targeting isnt terribly precise.

    While this audience may seem like entrepreneurial small business owners, we really dont know if

    they would be interested in taking a business management course. Its safe to say there is some

    subset of these 1.2M people that would apply, but we dont know which subset or how to dene

    those people - yet.

    The audience itself can guide additional segmentation. By looking at other interests within this

    core audience we can nd some appropriate ways to segment the audience further to nd the

    winners. The Page Likes tab gives us such a list and ranks other pages that our core audience may

    also like.

    Lets take a look at these pages. They seem to fall into the following buckets:

    1. Entrepreneurial publications: Entrepreneur, SUCCESS magazine

    2. Self-Help/Personalities: Brendan Buchard, Anthony Robbins, Zig Ziglar, Robert Kiyosaki,

    Sandi Krakowski, and Jim Rohn

    3. Facebook for Business

    4. Retailers: Diane Von Furstenberg, Homegoods, and Zappos

    5. Health: Dr. Oz, Cleveland Clinic

    This brings up a subtle but very important point about this list: Do not simply target these interests! This page shows topics that

    our core audience may be interested in, but that doesnt mean they all want to signup for an online business course.

    A few of these categories demonstrate this. Diane Von Furstenberg is a renowned clothing designer and businesswoman. It makes

    sense shes on this list as she is an outspoken advocate for women starting and running businesses. However, the bulk of the

    Diane Von Furstenberg fan page is people who are really into

    fashion not entrepreneurship. How do we know this for

    sure?

    Try the following with these interest categories:

    Entrepreneurship: 950k

    Diane Von Furstenberg: 325k

    Together: 1,250k

    This means that there are actually very few people who like

    both, and thus it may be a bit dangerous to assume a lot of

    similarity between these groups.

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    Building the Audience Plan

    This leads us to the next step, building the Plan for targeting Audiences. In the supplied Excel le, you will nd a worksheet that

    helps you capture all the relevant details and a number of formulas as well. Heres a snapshot of the Worksheet

    *Expand Sections using the "+" above

    Budgets

    Summary

    Audience Cluster Name Audience Cluster Type Interests Work color CPM/Core CPM Score Cluster Budget PeformancePerformance Relative

    to benchmarkReach Frequency Headroom Actual CPM Projected Budget

    Core Core Entrepreneur (magazine),

    EntrepreneurshipOffice Type Home

    Office, Small OfficeNet worth under 100,000;

    100,000-1,000,000$3,578.40 $0.78 -22% 665,280 1 .8 454,720 $1.49 $1,524.45

    Media Predicted Affinity SUCCESS magazine, Inc.

    MagazineOffice Type Home

    Office, Small OfficeNet worth under 100,000;

    100,000-1,000,000112% 2.11 $1,216.35 $0.83 -17% 302,940 2.7 37,060 $ 2.86 $238.48

    Pe rso na lit ie s P re di ct ed A ff in it y Brendon Buchard, AnthonyRobbins, Zig Ziglar, Robert

    Kiyosaki

    Office Type HomeOffice, Small Office

    Net worth under 100,000;100,000-1,000,000

    112% 0.48 $1,216.35 $1.24 24% 336,600 3 3,400 $1.27 $9.72

    Fas hion Business es Predi cted A ff in it y Diane Von Furstenberg, Lean In,

    Nasty GalOffice Type Home

    Office, Small OfficeNet worth under 100,000;

    100,000-1,000,000127% 0.24 $2,187.00 $0.98 -2% 213,840 1 .2 326,160 $3.60 $2,641.90

    CitizenNet Audience Planning and Purchasing Worksheet

    Actual PerformanceAudience Definition

    Facebook's Audience Insights Pricing

    Audience Score

    The worksheet is broken out with Rows for different Audience Clusters (including the initial Core Audience and multiple Predicted

    Afnity Audiences) and Columns that describe aspects of that Audience.

    The Audience Denition and Audience Score Section can both be expanded. Well reference much of this example data

    throughout this guide.

    Audience Defnition

    The rst section of columns Denes the Predicted Afnity Audiences.

    Audience Score

    The second section of the worksheet Scores the Predicted Afnity Audiences based on Size and alignment with the Core using

    Duplication, Relevance, Similarity, and External Signals. The Summary Score is simply a weighted sum of each of the dimensions.

    The higher the value, the more likely the audience will perform well and respond to advertising messages. Combined with the

    Campaign Parameters table, this score creates budgets to be used for targeting these Audiences as part of a media plan. The

    Pricing in this tool can be either CPC or CPM.

    Although Discovering Audience Clusters to target is vital to this process, Scoring them is equally important. This worksheet has

    some detailed instructions and examples built in to help explain how the scoring works. Every Column in the Scoring section has

    comments. Simply hover over the header row for that column for a detailed overview of the values contained in the column. This

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    will help you see which columns require your input and which are calculated

    for you. All the columns that require inputs are marked with an arrow. The

    Relevance, Similarity, and External Signals calculations are particularly complex,

    requiring input from a couple different sources, so those calculations are further

    explained with screenshots on a separate Tab within the Worksheet.

    Actual Performance

    The nal section is used to track actual performance of different audiences for

    ongoing optimization.

    Additionally, on a separate tab in the worksheet there is a table for Campaign

    Parameters to be used in setting goals

    *this example has inserted values.

    Using this worksheet as a guide, follow these steps to develop an audience plan

    for Targeting and Optimizing Predicted Afnity Audiences.

    1. Campaign Parameters: Fill in the desired Frequency and total budget

    for media (See Sidebar: Direct Response Campaign Planning).

    2. Audience Clusters: For each Audience Cluster (Row), add audiences,

    completing details about the audience denition, and scoring

    parameters. Based on Campaign Parameters and the Audience Cluster

    Score, the worksheet will automatically calculate and recommend a

    budget for this cluster.

    3. Audience Plan. Continue to Add Audiences until you have exhausted all

    available targets you can develop, or you have run out of budget.

    Tips:

    To increase reach for initial testing, reduce some of your restrictions on

    the audience. For example, if you think the probability of response from

    someone who likes Entrepreneurmagazine is similar regardless of

    gender, then dont restrict to just one gender.

    Facebook currently has a 200-interest limit for each ad; so dont use too

    many small interest groups in building an Audience Cluster.

    Direct Response Campaign Planning

    This worksheet uses Facebooks

    recommended CPMs for estimating budgets

    for each Audience Cluster and also building

    the media plan. Facebook also offers Cost Per

    Click bidding models in executing campaigns.

    An advertiser can easily build campaigns

    using CPC bidding to hit certain benchmarks.

    It is worth noting, Facebook optimizes to

    their yield which means ads that get clicks

    get served more and at a lower cost to the

    advertiser. Its often a good idea to begin

    with a higher bid, to get better impressions,

    and then when an ad has a proven history of

    performance, lower bids.

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    Increasing or decreasing Frequency can impact planning. Typical best practice is to use a Frequency of 3 or higher, but

    simple offers can succeed with less, and more complex messages may require more.

    The example worksheet provided has several values lled and can serve as a handy reference guide. Data is accurate as of July

    2014.

    Example

    In this example we chose three audience clusters for expanding beyond the core audience. The Clusters are Media, Personalities,

    and building on the Diane Von Furstenberg interest Fashion Businesses. We maintained the Facebook targeting to Home

    Ofce and Small Ofce and net worth under $1M as a way of nding those segments of these Audience Clusters that are the most

    appropriate for testing response.

    Facebooks targeting will look at obvious connections, but using Audience planning, marketers can leverage insights to nd new

    connections. Platforms like CitizenNet can also help with making Semantic connections (leveraging semantic meaning instead of

    nominal characteristics).

    As a marketer you can use other External Signals to drive this type of discovery. For example, Amazons Directory on Top Books

    for Small Business and Entrepreneurship delivers some interesting insights. Currently (July 2014), the #2 book is #GIRLBOSS by

    Sophia Amoruso, the CEO of Nasty Gal clothing company. Combining this insight with the fact that Diane Von Furstenberg was

    a top interest category indicates there is overlap and opportunity. Clicking on the product page for #GIRLBOSSshows Sheryl

    Sandbergs book,Lean In, as a Frequently bought Together recommendation. Lean In is a targetable interest on Facebook.#GIRLBOSSis not, but Nasty Gal is keeping our Ofce Type and Net Worth lters in place delivers potential targets from this

    page and helps it make sense for audience expansion. As we move into Audience Scoring we examine the overlap between the

    different groups (Core and Predicted Audiences) using shared % with the Core as a sanity check we see the Fashion Business

    Cluster has 13% Duplication almost as much as the other, more intuitive clusters.

    To round out the Media Cluster and provide some additional reach, we again use Amazon as an External Resource. Looking for

    other recommended magazines for SUCCESSMagazine, Inc. Magazinecomes up. Well add that to the Cluster as well and pull in

    that interest groups details from the Facebook Audience Insights Tool.

    Other external recommendation engines (e.g. Google Insights) provide additional related interests for expanding Audience

    Clusters.

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    Building Out the Campaigns

    Once the plan is complete, the setup of these campaigns on Facebook is pretty easy. Weve already done most of the legwork:

    each cluster represents a segment of our audience that we predict will be interested in our online education offer. The people

    within a cluster are similar to each other in some respect, but are different enough from people in other clusters to allow for testing

    and optimization.

    The best way to execute this is to make each cluster an adset on Facebook, with the initial budget dictated by the budget column

    on the worksheet. You can test creatives by putting them in the same adset with the

    same targeting Facebook will use their own optimization algorithm to weight thebest performing creatives. If you want to get a true picture of performance youll have

    to set up separate adsets for different creatives and split the budget between them

    yourself.

    You have already saved the audiences in the Facebook Audience Insight tool, so its just

    a matter of loading them from the Audiences section of Power Editor, lling out the

    rest of the campaign details, and then its off to the races!

    Ongoing Optimization

    Optimization windows are highly dependent on the volume of

    impressions and daily budgets. Typical best practice is to make

    changes weekly, but to check campaigns daily and ensure ads are

    approved and delivering impressions etc.

    During these checks you will begin to see variation in performance

    between different Audience Clusters-- this is good! Remember, the

    benet of Audience Planning is purposefully nding new customers

    to grow your business, so it is speculative. Thankfully, Facebook

    controls the spend (roughly) to a level amount each day, so

    exposure is under your control.

    For most campaigns, we suggest a weekly cadence: allow your

    campaigns to run for a week without changing targeting orcreative, but optimize for performance by allocating money from

    your worse performing ad sets to your better performing ad sets.

    After the rst week, dont change budgets more than about once a

    day, because it may cause campaigns to under or over-spend.

    End of Flight Check

    Once your campaign is done, its time to take a look at what worked and what didnt. This can be captured in the Actual

    Performance section of the Excel worksheet. (Weve put some illustrative numbers in the spreadsheet for these campaigns these

    are representative of typical performance we have seen):

    Lets take a look at some of these ndings:

    The Core beat our benchmark by 22%, which is great. It means that Entrepreneurship is a correct core audience to base

    our decisions on.

    The Media cluster also did well. From a scoring standpoint, it seemed that Shared Interests and External Signals were

    great predictors. It also makes good intuitive sense.

    The Personalities cluster performed the worst, from a scoring standpoint, this cluster had the highest Relevance, however.

    What gives? Well, although 47% of Personalities would consider themselves entrepreneurial, these followers may be

    more into broader life coaching themes, and arent too interested in business courses.

    The benet of Audience

    Planning is purposefully

    nding new customers to

    grow your business.

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    The Fashion Business cluster also performed at our historical

    benchmark. Congratulations! You just found a non-intuitive audience

    with Unexpressed Afnity! These are people that normally dont

    associate themselves with the self-declared entrepreneur bunch (this

    has the lowest Shared Interests score). This cluster is more expensive

    but it converted within our constraints. Best of all, it added another half

    million new potential customers that respond better than average!

    This is the key to getting the most out of Facebook Advertising. Identifying non-

    intuitive audience clusters with Unexpressed Afnity opens the oodgates for

    nding new customers (efciently) and growing your revenues.

    So what do we do next? A few options:

    Double Down on your Success. We have audiences leftover, as

    indicated in the Headroom Column. Headroom is the number of users

    in this audience cluster who have not yet seen the ad. We can set-up

    additional campaigns to reach the rest of them. There may be some

    erosion in performance as Facebook may begin to increase Frequency

    with the highly active members of this audience at the expense of

    additional reach, but there may be lots of potential left.

    Tweak the Scores. From these results External Signals correlated

    best with performance, whereas Shared Interests and Relevance hadno correlation. Audience Similarity could go either way maybe

    different attributes are better predictors? Once the score is tweaked,

    you can nd new, better audiences armed with insights from previous

    campaigns.

    Hunt. Not happy with the results? Then you need to revisit your

    strategy. If your Core Audience isnt working well, then you will need to

    hunt for new targets to base your strategy off of.

    Rene. You may be able to further improve performance by taking your

    best clusters and splitting them further for example, experiment by

    segmenting by gender, income, geography or other dimensions.

    Improve the Creative. This is potentially the most powerful. Now that

    you have discovered this new Fashion Business audience and are

    armed with all this knowledge about the clusters, tailor your message

    to them! See through their eyes and focus on what machines cant do:

    make a human connection!

    Expressed Afnity vs. Unexpressed

    Afnity

    Moving beyond Fans with Expressed Afnity

    to targeting new predicted audiences with

    Unexpressed Afnity can double advertising

    results on Facebook. As discussed elsewhere

    in this playbook, Fans with Expressed Afnity

    represent too small of an audience and

    often cost too much for a campaign to be

    successful. Predicting new audiences hasnumerous benets.

    Many brands have not yet mastered the

    techniques described in this guide for

    developing new audiences. There is still

    a great deal of un-tapped potential within

    Facebook and early movers will have a

    decided advantage. Just as the rst brands to

    master Paid Search generated above market

    returns till their competitors caught up, the

    same opportunity exists now within Facebook.

    Human powered audience prediction can be

    tricky, but using the strategies and tactics

    described in this guide, any brand can nd

    new productive audiences on Facebook.

    There are many tools available to assist

    in Audience Prediction and Optimization.

    CitizenNet is focused on solving this problem,

    leveraging several U.S. patents in natural

    language processing and semantic analysis

    to predict and discover new audiences for

    brands. This technology leverages insights

    about the semantic meaning of an audiences

    interests to predict new audiences likely to

    have the same response.

    For example, if off-road biking enthusiasts

    show a strong response to a particular offer,

    CitizenNet evaluates the characteristics of

    that group against other potentially strongmatches. Rather than only examining the

    nominal aspects of this group, CitizenNet

    examines the semantic aspects of the

    group. A nominal analysis would only focus

    on biking enthusiasts of different varieties,

    since off-road describes biking, the main

    characteristic of the group. A semantic

    analysis recognizes that off-road may in

    fact be the most salient characteristic of

    the group, and so trail running, or hiking

    interest categories would be explored along

    with bike racing and other categories.

    If you are interested in scheduling a product

    demo or learning more about CitizenNetstechnology and how agencies and brands

    are using this for both self service and fully

    managed solutions, please contact us Sales@

    CitizenNet.com.

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    11FACEBOOK ADS PREFERRED MARKETING DEVELOPER

    How CitizenNets Technology works

    As you can see, manual Audience Planning and Optimization is a fair amount of

    work. The good news is that CitizenNets platform is designed to automate all of

    this work, and more thoroughly than an army could; heres just a few examples of

    the benets of using technology.

    More interest categories.

    In our example, there was a lot of labor to create only a limited number of

    interest keywords. For each campaign, CitizenNet collects and tests 10,000+

    different interests all pulled through current conversations on Twitter,

    Facebook, Youtube, and other social platforms.

    More audience attributes

    In our example, we had several different attributes that described the audience

    (the columns in the spreadsheet). CitizenNet builds a description based on over

    50 different features.

    More powerful scoring

    In our spreadsheet, we use a simple linear score, but thats not terribly accurate.

    High overlap between the Afnity Audience and the Core Audience might

    diminish importance. The CitizenNet platform, based on cutting edge, deep-

    learning algorithms, builds much more complex non-linear models that more

    closely approximate human behavior.

    More detail

    In our example, we build our score off of very limited information. Is it too early

    to tweak the weighting after just one ight? If results change over time, is it

    because of our tweaking, or is the audience changing? CitizenNets algorithms

    leverage the billions of historical data points gathered running other campaigns

    and the platform builds in sophisticated tests for statistical signicance by

    running mock predictions behind the scenes.

    This is how CitizenNet, on average, nds Predicted Afnity audiences that are

    twice the size of the Core Audience but have the same response rate.

    There you have it! The complete How-To Guide for doubling your results with

    Facebook Advertising. Its not a quick x, but building and testing audiences

    within Facebook will grow your business and provide valuable insights on

    targeting and creative that can be used across your media. We welcome your

    feedback on this guide and hope it leads to ever greater results for you and your

    business.

    To your Success!

    The CitizenNet Team

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    12FACEBOOK ADS PREFERRED MARKETING DEVELOPER

    References

    1 http://www.exacttarget.com/resources/SFF10_highres.pdf

    2 http://www.businessinsider.com/top-advertisers-on-facebook-2013-11

    A US Census and Facebook ad Platform Statistics

    B http://www.pewresearch.org/fact-tank/2014/02/03/6-new-facts-about-

    facebook/

    C http://blogs.forrester.com/nate_elliott/14-06-24-facebook_still_dominates_

    teens_social_usage

    D http://adage.com/article/digital/facebook-web-browsing-history-ad-

    targeting/293656/

    E http://www.comscore.com/Insights/Blog/Major-Mobile-Milestones-in-May-

    Apps-Now-Drive-Half-of-All-Time-Spent-on-Digital

    F https://www.comscore.com/Insights/Market-Rankings/comScore-Reports-May-

    2014-U.S.-Smartphone-Subscriber-Market-Share

    G http://www.comscore.com/Insights/Blog/Major-Mobile-Milestones-in-May-

    Apps-Now-Drive-Half-of-All-Time-Spent-on-Digital

    H http://www.slideshare.net/eMarketerInc/emarketer-webinar-7-social-media-ad-

    trends-for-2014