Choose columns for your reporting.<\/figcaption><\/figure>\nYou see on the left a categorization of all available metrics you can use in your report.\u00a0 In the middle, you can select which ones to include, and on the right, you can set the order in which the different metrics will appear.<\/p>\n
Go through the list and add the following columns to your report:<\/p>\n
Campaign Delivery<\/strong> \u2013 shows you the current status of your campaign (active, pending, inactive, etc.)<\/p>\nResults<\/strong> \u2013the total number of conversions generated. This is based on your conversion setting. If you have set the conversion to \u2018Purchase,\u2019 then the Results column shows the total number of purchases generated by the particular campaign.<\/p>\nCost per Result <\/strong>\u2013 The average cost per result. This is equal to the total amount spent on the campaign\/number of results.<\/p>\nAmount Spent <\/strong>\u2013 The total amount spent for the particular time for the selected time period.<\/p>\nReach<\/strong> \u2013 The number of people who saw your ads at least once.<\/p>\nImpressions<\/strong> \u2013 The number of times your ads were on screen.<\/p>\nLink Clicks <\/strong>\u2013 The number of clicks on links within the ad that led to advertiser-specified destinations, on or off Facebook.<\/p>\nCPC (Cost per Link Click) <\/strong>\u2013 The average cost for each link click. The metric is calculated as the total amount spent divided by link clicks.<\/p>\nCTR (All) <\/strong>\u2013 The percentage of times people saw your ad and performed a click.<\/p>\nAdds to Cart<\/strong> \u2013 The number of add to cart events attributed to your ads.<\/p>\nCheckouts Initiated<\/strong> \u2013 The number of initiated checkout events attributed to your ads.<\/p>\nCost per Add to Cart<\/strong> \u2013 The average cost of each add to cart. This metric is calculated as the total amount spent divided by add-to-cart events.<\/p>\nPurchases <\/strong>\u2013 The number of purchase events attributed to your ads.<\/p>\nPurchases Conversion Value<\/strong> \u2013 The total value of purchases tracked with the conversions objective.<\/p>\nCost per Purchase<\/strong> \u2013 The average cost of each purchase. This metric is calculated as the total amount spent divided by purchases.<\/p>\nWhen you\u2019re done and BEFORE closing the window, click the “Save as Preset” button in the bottom left corner and provide a name for your column set. Click “Apply” to close the window and save your configuration.<\/p>\n
Click the “Columns” dropdown again and select “Set as Default”. This will make your custom column set the default option so that you don\u2019t have to perform the same steps every time you visit the Ads manager.<\/p>\n
Facebook Retargeting Best Practices<\/h2>\n
Now that you have the most important metrics in front of you, let\u2019s see how to use this data to improve your campaigns\u2019 performance.<\/p>\n
1. Give campaigns enough time to run before making a decision<\/strong><\/p>\nThe first tip for you is not to rush into making conclusions too soon. Give your campaigns enough time (a reasonable period is two weeks) before making any changes.<\/p>\n
The same goes when making a change to a campaign. Wait for at least two weeks before keeping your last changes or making new changes.<\/p>\n
2. Analyze each ad separately<\/strong><\/strong><\/p>\nThe next tip is to go deeper into each campaign and analyze it in detail. Don\u2019t just look at the general picture but click the Campaign name to see your ad sets and individual ads\u2019 performance.<\/p>\n
Before you do this, make sure that you clearly understand what each metric means, as explained in the previous step.<\/p>\n
3. Start with the Reach and Impressions<\/strong><\/strong><\/p>\nTwo of the metrics to look at are reach and impressions. If the numbers are small or not increasing as the campaigns run, then it means you need to revise your Audience and targeting options to include a bigger audience to target.<\/p>\n
For retargeting campaigns to work, you need to have a decent audience size. While there is no minimum, the larger your audience is the better. If needed try to extend the retention period of your audience to the maximum (180 days) to include more people.<\/p>\n
4. Look at Link Clicks, CPC, and CTR<\/strong><\/p>\nIf there are no issues with your reach and your ads are shown to Facebook users, then the next metric to check is Link clicks and examine the Cost Per Link Click and the Link Click-Through Rate.<\/p>\n
This group of metrics will tell you what percentage of people who saw your ads clicked on them and the amount you paid for each click.<\/p>\n
The best way to do this is to click the Campaign and then an ad set to get to the Ads view. Examine these metrics for each individual ad.<\/p>\n
On average, a CTR of 2% and up is considered good. If all of your ads are under this value, consider replacing them with new ads with a different theme.<\/p>\n
Examine which ones perform better than others and create new ads with the same concepts.<\/p>\n
For example, if you have an image ad performing well, try to create a video ad using the same theme and messaging. Keep both ads running and compare the results.<\/p>\n
5. Examine the Cost Per Purchase Metric<\/strong><\/p>\nThe cost per purchase shows you how much you pay Facebook per purchase generated through your retargeting campaigns, and it\u2019s perhaps the most important metric to follow.<\/p>\n
Your cost per purchase should be low enough so that you profit for each purchase, after taking into account other costs (such as product costs, delivery, etc.).<\/p>\n
If you sell products at different prices, use the Purchase Conversion Value and the cost per purchase to understand the cost of making a sale for different products.<\/p>\n
At the end of the day, your goal is to lower the cost per purchase so that you can generate more sales from your FB budget.<\/p>\n
Conclusion<\/h2>\n
Retargeting<\/strong><\/a> is one of the best ways to increase conversions and Facebook retargeting ads is one of the most effective tools to do that.<\/p>\nAll businesses should try Facebook retargeting. As explained above, the process is easy and to set up and works for all kinds of businesses and products.<\/p>\n","protected":false},"excerpt":{"rendered":"
Facebook retargeting is one of the most powerful ways to increase conversions. It works great for all kinds of businesses and products and it\u2019s also cost-effective. In this guide, you\u2019ll learn how Facebook retargeting works, how to create a retargeting strategy, and how to set up and optimize Facebook retargeting ads. What are Facebook Retargeting […]<\/p>\n","protected":false},"author":2,"featured_media":34270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","mc4wp_mailchimp_campaign":[]},"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/posts\/34268"}],"collection":[{"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/comments?post=34268"}],"version-history":[{"count":13,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/posts\/34268\/revisions"}],"predecessor-version":[{"id":34293,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/posts\/34268\/revisions\/34293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/media\/34270"}],"wp:attachment":[{"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/media?parent=34268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/categories?post=34268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reliablesoft.net\/wp-json\/wp\/v2\/tags?post=34268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}