Optimization of conversion settings: <\/strong>During the course of the campaign, more and more data was generated via the users’ conversion funnel. Based on this, we were able to continue optimizing towards the lower funnel (e.g. shopping cart placements instead of product page visits).<\/li>\n<\/ol>\n\n\n\nAfter our analysis, operating on a four-week basis, we evaluated those three above-mentioned parameters in the third week and made adjustments from the fourth week on. In a second round, we evaluated the same three parameters in the third week and made adjustments from the fourth week on again. After just two optimization cycles, we were able to increase sales by 20% while lowering advertising costs, thereby increasing the ROAS by up to 15%.
Applying to all campaigns, we recommend an optimization cycle based on the number of clicks and conversion events. For the perfect optimization cycle, we always recommend nClicks => 1,000 as well as conversion events that are set individually matching the respective industry. In the case of nu3, for example, the conversion events were decided to equal 15 purchases. Depending on the budget and cost per click (or cost per conversion), the number of days \/ weeks adjusts to the aforementioned optimizations.
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Conclusion:<\/strong> It is important to let Facebook \u201clearn\u201d from how people interact with your campaigns. Only in this way can your campaigns be successfully implemented, controlled and optimized. The aforementioned learning phase is also important in order for you to understand the effects of the respective optimizations later on and to draw useful learnings for future campaigns. A meaningful structure lies at the basis of every strong setup. If campaigns are not set up according to a coherent structure, it is difficult to optimize them based on predefined key figures. What is more, your campaigns run the risk of quickly resembling a game of chance. If you have any questions concerning the optimization cycle on Facebook, we are happy to help you.<\/p>\n\n\n\n
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