2020 Prediction Round Up
The easiest prediction to make is one not bounded by time. “The DOW will rise” is a very different prediction from “The DOW will rise tomorrow.”
There is also a benefit to being a perfect inverse - predictor. Perhaps not to the individual making the predictions but to those watching, knowing to always Zag when they Zig can be a great strategy. The best example we’ve recently found is Scott Galloway and the returns of his inverse portfolio.
So with great excitement, and some trepidation, we have gone through our 2020 predictions and see how we land. Does dysrupt have a crystal ball or will someone on Twitter make an inverse ETF of our predictions.
Correct
Facebook Makes More Money During the Boycott
Our total ad revenue for Q3 was $21.2 billion, which is a 22% year-over-year increase.
Mark Zuckerberg, Q3 2020
The Cyber Quarter
Cyber Monday 2020 is expected to break more records and keep its top spot as the busiest online shopping day, with shoppers expected to spend as much as $12.7 billion or 35% more than in 2019, Adobe said.
LINK
Too Soon To Tell
Wish IPO
Too soon to tell where this IPO is heading but our analysis places us in the bullish category if the current valuation is $14 Billion. 100 MM MAU and easy expansion options with their ProductBoost ad-tech make this a *buy.
The GIPHY Acquisition
After the acquisition of GIPHY, we put out 5 predictions with a 2 year timetable after Mark completed his Infinity Gauntlet of Social. At the time of this writing all 5 are too soon to tell, but the launch of anyone being able to make their stickers searchable is a tantalizing move in the right direction for several of our predictions to come to fruition.
Reels is a Success
We've launched a number of new features. The results are encouraging. There's a lot more work to do here as well and I don't have any specific numbers to share here, Dave. I assume you don't have any specific numbers that you would share either.
Mark Zuckerberg Q3 2020 Earnings
What We Got Wrong
It’s only fair to mention one prediction that did not pan out. This wasn’t published but at one point during the initial stock market drop, a cofounder mentioned that for a specific stock “huh, that’s odd. Their market cap is less than their real estate holdings.”
And sadly we did not immediately log into E*Trade and buy into what was a 35x growth in their stock price.
Luckily, we are not an investment firm but a marketing firm. So our miss was in a different industry but a reminder of an important lesson that was our first article - there is a cost of not taking a risk.
Worth a Revisit
The Effect Gallery
We wrote about this in February 2020 that brands should begin exploring this exciting feature of Instagram. It’s great to hear about it’s growth in the latest earnings and that even Mark is impressed!
I also want to say I've been impressed by the AR effect that have been built by more than 400,000 creators on our AR platform.
Mark Zuckerberg, Q3 2020 Earnings Call
The A-Pixel-Lypse
Privacy will be front and center to social advertising in 2021. IDFA deprecation, the upcoming battle between the FTC and Facebook, and even that Facebook is part of a supreme court case right now around privacy!
GIPHY Engine Optimization
We pitched this exact idea in November 2019 to two separate brands and are still bullish on the concept. (Nice work eTORO!) If you are running social ads, develop a robust GIPHY strategy to harvest earned media impressions across all of social.
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Photo by Mark Boss on Unsplash
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. We wrote this article under our own accord, and it only expresses our own opinions. Dysrupt LLC is not receiving compensation for it. We have no business relationship with any company whose stock is mentioned in this article. Do not take this article as investment advice. All investments are risky.
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Facebook Ads Bidding Strategies can either make or break your advertising campaign. If you've been struggling with getting the best results, understanding the benefits and drawbacks of each strategy can save you both time and money. The right bidding strategy can help you reach your target audience more effectively and get the most out of your advertising budget.
Each bidding strategy has its unique benefits and challenges. Some are great for maximizing visibility, while others prioritize cost-efficiency. Choosing the right one depends on your specific goals, whether that's more clicks, better engagement, or higher sales. Knowing the pros and cons of each strategy will help you make informed choices that benefit your business.
This article will guide you through five key Facebook Ads Bidding Strategies. You’ll learn about their benefits, drawbacks, and how to pick the one that suits your campaign objectives. By the end, you’ll have a clear understanding of which strategy will help you achieve your advertising goals effectively.
Understanding Facebook Bidding Mechanics
Facebook bidding is essential for advertising success. It involves auctions where advertisers compete for ad placements. Understanding key elements like Auction Dynamics and Different Bidding Strategies is crucial.
Auction Dynamics and How Bids Work
In Facebook's auction, ads compete based on bids, estimated action rates, and ad quality. Bid represents how much you're willing to pay for a specific action (like clicks, views, or conversions). The Cost Per Result adjusts based on competition.
Bid Cap lets advertisers set a maximum bid. This ensures spending control but may limit campaign reach. Meta bidding strategies, like Lowest Cost and Target Cost, help optimize for specific goals, balancing cost and performance.
Factors influencing the auction include:
- Bid amount
- Ad relevance
- Estimated action rates
Exploring Different Bidding Strategies
Advertisers can choose from several Facebook bidding strategies. The Lowest Cost strategy aims to get the most results for the lowest price but may lack spending control. The Cost Cap strategy helps maintain an average cost while driving results.
The Bid Cap strategy is useful for high-control needs, letting you set the max bid per action but it might restrict delivery. Target Cost aims for a stable cost per action, ideal for steady budget planning.
Choosing the right strategy depends on your campaign goals, budget, and desired Cost Per Result. Evaluate each option to find the best fit for your needs.
Implementing Bidding Strategies for Campaign Success
Successful implementation of bidding strategies can drive better results and optimize ad spend. Key factors include setting appropriate bid caps, maximizing returns using ROAS goals, and balancing volume and value.
Setting the Right Bid Cap for Your Campaign
Setting the right bid cap involves determining the maximum amount you are willing to pay for a result. This ensures costs don't exceed the budget. Bid caps can help control spending and improve efficiency.
- Analyze past performance: Review historical data to identify the highest bid that achieved desired results.
- Adjust as needed: Be flexible to change bid caps based on real-time campaign performance.
- Consider the competition: Higher bid caps might be necessary in competitive markets.
Maximizing Returns with ROAS Goals
Use the Return on Ad Spend (ROAS) bid strategy to drive maximum returns. ROAS goals ensure that every dollar spent on ads generates a specific amount of revenue.
- Calculate target ROAS: Set a realistic ROAS based on past campaigns.
- Monitor and tweak: Regularly check ad performance and adjust your ROAS goals to meet revenue targets.
- Balance quality and cost: High ROAS might limit reach, so find a balance between cost and quality.
Balancing Volume and Value in Bidding
Balancing volume and value helps achieve the right mix of reach and profitability. Consider using both Highest Volume and Highest Value strategies.
- Highest Volume: Bids are set to get the most conversions, good for awareness and large-scale campaigns.
- Highest Value: Focuses on getting the highest-value conversions, suitable for targeting high-value customers.
By carefully implementing these strategies, advertisers can meet their campaign goals effectively.
5 Facebook Bidding Strategies: Benefits, Drawbacks, and Selection Guide
Static ads and dynamic ads serve different purposes in the world of marketing. Static ads are simple and stay the same at all times. They are easy to create and can be effective for straightforward messaging. But dynamic ads offer customization, changing their content to fit the audience's preferences and behaviors.
Dynamic ads might seem complicated, but they bring better results by targeting specific groups with personalized messages. This means higher engagement rates and more conversions. Static ads, on the other hand, are less effort to produce but may not capture attention as effectively.
Deciding between static and dynamic ads depends on the brand's goals and resources. Each has its strengths and can be powerful if used appropriately in a marketing strategy.
Understanding Static and Dynamic Ads
Static ads and dynamic ads serve different purposes in digital marketing. Each has unique features and benefits that cater to varied marketing needs.
Exploring Static Image Ads
Static image ads are straightforward. They are typically still images that do not change once created. These ads are ideal for conveying a clear, unchanging message or brand image.
A static image can include text, graphics, and logos, and is often used on websites and social media platforms.
Advantages of Static Images
- Consistency: The message remains the same, which can be useful for brand recognition.
- Simplicity: They are simple to create and often cost less than dynamic ads.
- Predictability: Once the ad goes live, what you see is what you get.
Unpacking Dynamic Advertising
Dynamic ads are more complex. They can change content in real-time based on user data and behavior. Unlike static ads, dynamic ads can alter images, text, and calls to action depending on who is viewing the ad.
Benefits of Dynamic Ads
- Personalization: Content can be tailored to each user, potentially increasing engagement.
- Flexibility: They can show different messages to different audiences without creating multiple ads.
- Efficiency: They adapt to user preferences, making the ad experience more relevant.
Comparative Analysis and Use Cases
Static and dynamic ads offer different benefits and limitations. This comparison will help you understand where and how to use each type effectively in your marketing strategy.
Static Images Vs. Videos
Static images are simple and quick to create. They load faster than videos, which is great for mobile users and slow internet connections. They allow for clear, focused messages without distractions.
Videos, on the other hand, capture attention better with motion and sound. They convey more information in a short time. Videos are more engaging and can demonstrate products or services in action.
Leveraging Opportunities for Static Ads
Static ads are useful in various scenarios. Billboards are a great example, as they need to be read quickly. Print ads in magazines and newspapers also benefit from static images. Online banners are often more effective when static, as they load quickly and are less intrusive.
Static ads are best when the message is straightforward. They work well for short calls to action like "Buy Now" or "Sign Up." Visually, they should be clean and uncluttered to convey the message quickly.
