how to purchase facebook ads
Facebook Ads: Add to Cart vs Purchase Conversion Event What To Use!it's been a long time since i mad
Updated on Jan 17,2023
Facebook Ads: Add to Cart vs Purchase Conversion Event What To Use!
it's been a long time since i made my,last video,and if you are a subscriber or have been,watching my previous videos,uh usually there were more like blogs,and different things and mindset things,i was sharing,uh but this is not like that as the,title suggests,this is more focused on facebook ads and,my upcoming videos most likely will be,focused on facebook ads because,i run the agency compare consulting and,i want to put out more content so i can,help more people,because not everyone is able to afford,my services or their businesses at a,point they can afford my services,but at least i can help them for free so,without,any further ado uh let me get to the,point,so this video is about and one of the,questions that,i personally had the biggest doubt with,and i get asked a lot,like when you're starting out with uh,advertising on facebook ads,should you go with purchase conversion i,took out,initiate checkout leads view content,what type of conversion objective should,you choose,now for those who are not exactly sure,what i'm talking about,let me exactly show you what a,conversion objective is,so when you create a campaign uh in over,here you have,three main options uh awareness,consideration,and conversion so usually,like couple of years ago people used to,start with traffic,and then either traffic or engagement,and then slowly convert that ad,into a conversion ad so that they can,con,optimize it for purchase value or add,two cards or whatever,but as of these days because the,facebook,ai is so powerful that you don't need to,send traffic first and then convert to,conversions you can just start out with,conversion that is what i,absolutely suggest that is by far,the best place to start and the only,place to start,so inside conversion the first one is,conversion that is what you want not the,store traffic not catalog sales,now before i move any further this video,is mostly targeted for ecommerce brands,and low ticket info products for high,ticket info products,i will explain at the end what you need,to do but,you'll have to stick to the end for that,but in the meantime it's mostly for,e-commerce brands,under 100 product so when you click,conversions,you just have to uh like basically it's,optional so i'll just click continue i,won't name it out,and by the way this is a dummy account i,just created,a dummy ad account so there might be,some warnings here and there and it,doesn't matter that much,so when you create a campaign you don't,have to,do much uh changes over here especially,like things like campaign budget,optimization as of now,just go to the ad set and here are the,all the conversion events you have now,here it's giving me a warning to verify,pixel because i just told you it's a,dummy account i just created,so inside the conversion event you have,multiple events like,uh view content this one,other is lead lead,then initiate checkout,add to cart one of the most uh,debated one apart from purchase and the,last but certainly not the least,purchase conversion,so this is a conversion now before i,tell you what conversion event you,should use,let me briefly explain you why this,matters,so basically think of facebook ai as,one of the most powerful artificially,intelligent,algorithms out there so,when you ask it to give you a add to,cart or,a purchase conversion it goes out there,and looks to through the data it is,having it has already segmented the,people,and there are tons of data points on,every single person,that facebook is having in its database,so it goes out there,looks in the pattern of people who are,impulse buyers who don't,buy easily who watch the video who,will click the ad and go to the next,page and complete the purchase process,who will go to the add to cart and so on,so,suppose i optimize it for add to cart,that is the,second step of the basically the funnel,first is they click the ad go to landing,page that is view content,the second step is they click the add to,cart button and then they go to the,initial checkout process,and once they complete the initial,checkout process they complete the,purchase conversion pixel,that is basically thank you page so,if you optimize for add to cart you will,get,a lot of add to cart and you will also,have,a cheaper relatively cheaper cost to add,to cart,now let me okay the current budget is 20,a day and here you can see the reach and,the conversions,now these are completely arbitrary,numbers because,there is no data on this pixel and,facebook has no idea what this product,is,so in general it is giving me a,approximation but when i use it purchase,now here it is not changing but in,general usually,if there's it on the pixel the purchase,the conversions over here just drop down,to say two to three usually less than,ten,so when you ask facebook to optimize for,add to cart,facebook go out there get you a lot of,add to cards,but once someone adds to card doesn't,make sure it doesn't mean they are going,to purchase and,in a lot of cases when you are,optimizing for add to cart you don't get,a lot of purchases only a lot of add to,cards because when someone clicks add to,card according to facebook you have,achieved what you wanted but when you,optimize for purchase,this one so in that scenario facebook,looks that people are clicking on add to,cart but they are not purchasing,so every time someone adds to card and,leaves facebook,uh tests new audience segments to,find out who is able to purchase and,who is going to purchase faster so what,happens is if you are,optimizing for add to cart or,view content or such events which are,much lower barrier to entry because they,don't require credit card or purchase,intent,so you get a lot of say five to ten add,to cards,for every purchase but when you are,optimizing for purchase conversion,you will get approximately three to four,something like that add two cards,per purchase so at the end it doesn't,matter if you're getting more purchases,with purchase conversion event,why would you optimize for add to cart i,hope you're getting my point,and another thing up the the thing is,a lot of people have the intention of,using add to card because they think,that okay,that way i will optimize my ads at the,50 events,in a week thing that facebook has uh,in the learning mode they think that,yeah now i can optimize it for that,and that way i will get more data points,and my ads will be performing better,and usually that is the case you get,around,30 40 50 60 sometimes 100 add to cards,in a week even you are starting out with,100,or 50 a day budget but in a lot of cases,when you're just starting out you don't,get that many purchases with that budget,so the people think that it's being,optimized,but the thing is a partially optimized,purchase conversion like say 10 15 or 20,purchases in a week,is much better than a fully optimized,active cart conversion,objective add to cart conversion ad set,the thing is facebook you have already,told facebook what you want and facebook,will give you what you exactly ask for,so that is the main reason i always,suggest going with the purchase,conversion value,or purchase conversion event instead of,using any other,but you know there are always,cases where this is not true like and,basically those are anomalies this,scenario using purchase conversion event,is,like the best bet for the 95 percent of,scenarios,but there are some cases that require,you to use add to cart on initial,checkout to get better results,so i always recommend you test out once,you are,getting some data in but,as a rule of thumb use the purchase,conversion conversion event,now for the higher ticket products like,200 300 500,000 3000 10 000 those type of products,when those scenarios most people don't,uh,do an impulse buy especially for info,products,for e-commerce physical products impulse,buy is pretty common,but for e-commerce products they need to,vet they need to,be persuaded even more they need to be,followed up with,and they do their own personal research,on your social media presence,your brand your reviews and all so they,usually don't buy in the first,first interaction so for those scenarios,it is,always best to use a lead event and,uh this is to be used on the page that,comes after opt-in or squeeze,page so once you collect the email they,should fire and you should optimize your,facebook pixel or facebook ad for lead,that is collecting their lead the name,number,email address whatever is the best for,your business,so in those scenarios you can uh get the,best quality leads and also be able to,uh get them at a relatively cheaper cost,and then use your webinar your vsl your,follow-up system your sales people,and all that to follow up with them,convince them persuade them,and sell to them because those products,will no one,like in a very rare scenario is here,someone just bought,a 500 or a thousand dollar product on,the first interaction,in majority of the cases they don't they,at least it takes at least a week to,anywhere from,month to sometimes even two to three,months for a person to make that,purchase,and i personally purchase the same way,in a lot of cases,so does my clients a lot of my clients,came to me,after like looking into my results and,all,for at least a couple of weeks,so i hope this was of value and this is,and if you think such videos are of,value please let me know below,this video on the comment section that,i should make more videos like this i,plan to make more but,it really feels good to hear from my,customer base my audience,so without any more rambling i have a,bad habit of rambling,at the end of videos i i will not take a,lot of a lot more of your time,uh if you are having an e-commerce brand,or info product brand,and you want me to help you scale just,click on the link below,or go to gambirconsulting.com if you're,watching this on facebook just go to my,profile and the link will be there,and gambian consulting dot com slash,scale,and over there just apply for a free,scaling session with me,where we'll go over the bottlenecks of,your brand the current bottlenecks,the possible opportunities,that can bring in instant revenue,things that you are not leveraging right,now and,also how you we can leverage a secret,system that we use for our clients,in your brand to scale it to the next,level,and really make a difference make it a,market goliath,so that is that and if you have any more,questions or anything,just ask them below i'd be more than,happy to help,and if you found this helpful press the,like button and share this video,i'd really appreciate that so,that's about it i'd say have a great day
The above is a brief introduction to how to purchase facebook ads
Let's move on to the first section of how to purchase facebook ads
Let PPSPY's experts help you find the best shopify product on your Shopify business!
Find shopify products (It's Free)
WHY YOU SHOULD CHOOSE PPSPY
PPSPY has the world's largest selection of shopify products to choose from, and each product has a large number of advertising materials, so you can choose advertising materials for TikTok ads or Facebook ads without any hassle.
how to purchase facebook ads catalogs
Browse More Content
Trending Product
- what products are trending in china
- products trending in 2021
- what products are trending in 2019
- trending products august 2021
- trending products for sale
- how to see trending products on amazon
- what products are currently trending
- hot trending products to sell
- trending products for summer 2021
- trending health products