A technical breakdown on how to generate the greatest return on ad spend from Facebook Ads — Brenton Thomas // Twibi
- Part 1Google Ads vs Facebook Ads: Which channel is right for your business? — Brenton Thomas // Twibi
- Part 2 A technical breakdown on how to generate the greatest return on ad spend from Facebook Ads — Brenton Thomas // Twibi
Show Notes
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02:49How to approach maximizing ad spend on GoogleIt's crucial to optimize toward your specific goal and ensure alignment with machine learning. When offering multiple services, create separate campaigns for each and optimize them for leads completing the desired action, with conversion tracking corresponding to each campaign.
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03:58Differentiating high quality leads from low quality leadsYou can add qualifying questions to your lead form and use Google Tag Manager to track high-quality leads based on specific criteria. This approach helps the machine learning process to prioritize and optimize toward converting valuable customers.
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05:31Google Ads and personalizationGoogle ads are initially triggered by keywords. However, the audience shown the ad is further filtered based on historical data of profiles of people who have taken the desired action in the past.
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06:08Enhancing Google AdsDisplay ads are ideal for capturing a lot of impressions and driving brand awareness if you have the budget for it. Additionally, incorporating Performance Max campaigns can be beneficial.
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06:49How Performance Max streamlines Google Ad managementPerformance Max is a combination of all the Google properties like search, display, and discovery ads into a single campaign. The management process is simplified by eliminating the need to create, manage, and allocate budget across multiple campaigns.
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07:28Lead conversion sourcesMost of the lead conversions come from the search channel, with occasional conversions from YouTube. However, as the properties are combined, the Google algorithm will enter certain channels, grab conversions when it can, then move into other channels for more conversions.
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07:55Twibis clients typical monthly budget for Google AdsTwibis clients are in a variety of industries ranging from school loan forgiveness to software. Monthly budgets tend to be $2,000 on the low end and can reach as high as $40,000.
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08:39How the algorithm works for Google AdsGoogles machine learning is somewhat of a black box that leverages historical data and multiple touchpoints to identify patterns and preferences of users. It analyzes factors, such as age ranges, interests, and behaviors, to optimize ad targeting and delivery.
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10:27Google Ads vs LinkedIn AdsWhile PPC and Google Ads are the largest channels Twibi manages for its customers, theyve tested equal budgets for Google Ads and LinkedIn Ads. Though Google Ads consistently outperformed LinkedIn in terms of cost per lead, its recommended to try out both platforms.
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10:51Twibi and custom client reportingTwibi creates personalized Google Data Studio reports for each client, using the CPA of leads as the primary metric. Reporting focuses on conversion rates and bottom-of-funnel metrics, and by inputting the client's lead value into Google Ads, Twibi generates a modeled-out ROAS.
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11:27Measuring success beyond ROASIn addition to ROAS and efficient ad spend, lead quality is also a crucial concern for Twibis clients. While the sales team takes over once Twibi hands off the leads, Twibi maintains an open feedback loop with clients to ensure leads meet their criteria and make any necessary changes.
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11:59The future of Google AdsIn the future, Google Ads may continue to streamline and automate processes like automated negative keyword suggestions. Eventually, advertisers could simply input a few questions and the system will automatically build and optimize their entire campaign with the specified budget.
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13:31The benefits and drawbacks of Performance Max campaignsPerformance Max campaigns streamline agency work by enabling unified uploads and multi-platform advertising. However, the change also brings more sophisticated and labor-intensive work in terms of now needing to establish a process to work on creative with clients.
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14:14Navigating Google's recommendations with cautionWhen it comes to optimizing return on ad spend in Google Ads, it's essential to be cautious with the platform's recommendations and not blindly accept them all. It's important to focus on spending money wisely and ensuring a great return on investment.
Quotes
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"In the past, youd have to create six different campaigns and allocate budgets across them. Google has stuffed them all into one with Performance Max, and you just have to watch that one campaign." -Brenton Thomas, Founder, Twibi
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"I had a year where I would run equal budgets for Google ads and LinkedIn ads. Consistently, LinkedIn just couldn't keep up in terms of cost per lead." -Brenton Thomas, Founder, Twibi
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"I think highly of Google and their algorithms. But those recommendations that they offer you, don't accept them all. They want you to spend as much as possible." -Brenton Thomas, Founder, Twibi
- Part 1Google Ads vs Facebook Ads: Which channel is right for your business? — Brenton Thomas // Twibi
- Part 2 A technical breakdown on how to generate the greatest return on ad spend from Facebook Ads — Brenton Thomas // Twibi
Up Next:
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Part 1Google Ads vs Facebook Ads: Which channel is right for your business? — Brenton Thomas // Twibi
Brenton Thomas, Founder of Twibi, explores strategies for finding the optimal advertising channel for your business. Google Ads and Facebook Ads are two powerful advertising platforms, each with its strengths and ideal use cases. By understanding the unique advantages of each platform, you can choose the one that best aligns with your business goals and maximize your advertising efforts. Today, Brenton discusses Google Ads versus Facebook ads and which channel is right for your business.
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Part 2A technical breakdown on how to generate the greatest return on ad spend from Facebook Ads — Brenton Thomas // Twibi