how to find your competitors facebook,ads well that's easy just keep watching,hello everyone and welcome to on how,channel my name is ennis and i'm working,for you and as always start the video if,you have any questions or any video,requests make sure to drop them below or,just check out my instagram in the,description box i do reply to each,comment on also each message on my,instagram because as i said i'm working,for you and today i will be showing you,how to find your dropshipping,competition facebook ads because,discovering and analyzing your,competition on drop shipping is really a,critical step in your success because if,you do that you might miss out on some,products and also some cool ideas about,design for the shopify store and also,for the creatives for the ad set and so,on so the point here you should always,analyze and discover your competition in,dropshipping or any market because your,competition might be in the market for,so long so they may have discovered tons,of things that you didn't discover yet,so spying in them is always a good idea,and you must do it before you even start,but finding ad set for your competitors,sometimes it might not be easy some,people might recommend using some,expensive tools to find this ad set and,so on some people they may even offer,services to find this ad set but one,thing that you are missing well they all,use the same trick and that's exactly,what i'm going to show you in this video,i will show you a unique and easy trick,to find the ad set for any competitors,on your drop shipping journey and we,will not use any tools or anything like,that the only thing we will use is,google chrome browser and google search,engine and also facebook platform,obviously so without any more talking,let's get to it so you might notice that,i'm accessing right now google search,engine well because i will use it to,find competition for a specific product,and i will do demonstration on one of,those computation to find the ad set for,it on facebook and also this trick i did,share it before on my channel and i,really love this trick because it did me,so many favors and without this trick i,wouldn't able to have some success in,dropshipping because simply i do find,something that people don't and that's,the key in everything online so we'll,use the google search engine as i said,to find some drop shipping capacitors,and we will do demonstration on one of,them and this rake works on any niche on,any drop shipping product whatever if,you are working with shoes or hiking or,smartphone cases or whatever the case is,this will work for you absolutely so the,first thing i'm going to do is obviously,access google search engine just like,you see right now and after that i'm,going to type in in the search bar in,text two dots and two quotation marks,and between the two quotation marks,powered,by shopify,and if you are one of my subscribers on,my channel you probably seen this week,before and you might wondering why i'm,using it again well because i really,love this trick and it's awesome and if,you did discover the full power of it,you will love it and you will use it,every day so after you did typing in,text two dots to the two quotation marks,in between them powered by shopify hit,space and type in again in text two dots,and two quotation marks and make sure,you guys include space between each one,of those otherwise it will not work and,also i will put this in the description,box so you guys get it right and between,the second quotation marks you will type,in the keyword that's related to your,niche in this case i'm going to go for a,product that saw a friend of mine really,doing well with it and also selling,plenty of products each day which is,galaxy projector and you've probably,seen this before,but it's really good product so after,you type in the keyword in between the,two quotation marks simply hit enter and,as i said i will put this in the,description box so no worries just,scroll down description and you will see,the fold command here and as i said make,sure you guys include space between each,one of those otherwise it will not work,and you will ask me why it's not working,because i've seen that before,so let's just scroll down to pick a,product from here yeah this is the,product that's uh it has the similar,color and also it reflects on the,rooftop it shows the like the galaxy,image on the rooftop and it's also,moving i believe and this is really good,product because i said a friend of mine,is really doing well with this product,so let's just go for this one for,example it's a 59,let's just go for this one,and by the way if you are wondering or,the first time you seen this trick why i,did type in powered by shopify well,because every shopify store has at the,bottom of it,powered by shopify right here as you can,see so right now we know this is a,shopify store and by the product which,is the galaxy projector this is a drop,shipping product and it's really obvious,so as you can see this is the product,right here and right now we want to,discover the ad set for this particular,product because if we did go simply to,facebook ad library and we did search,for galaxy projector well you will get,tons of ad set and you will not know,which one of those is the this for this,actual product because the objective,here is finding the ad set for your,competitors in this case this is our,competitors which is break plus fox i,guess so we want to know this actual ad,set for this particular product which is,cost 19,which is cost sorry 59 bucks so to do,that the first thing you're going to do,is spy on the page what you need to do,is simply look for an icon for social,media whatever it's facebook or,instagram or whatever it is once you did,find an icon let's just scroll down i,don't see it here just check the menu no,it's not here just about to just check,the about page maybe it's,on the about page maybe,no there is nothing here oh here it is,as you can see,i miss it when i check the powered by,shopify and here it is as you can see,the icon for facebook on also instagram,and that's exactly what we need so just,spy on the page check out the old links,here if you can find it anywhere if you,don't just scroll down at the bottom,page and you will see it just like i did,find it here so let's just access the,facebook page for it simply click on it,and here is the facebook page for it and,also if you are not signing to facebook,platform make sure to do sign up because,sometimes it will not let you check the,page if you did not sign up to an,account on facebook so after you did,access the page on,facebook.com uh there is the link as i,said there is the link for the store so,after you did access the facebook page,the first thing you're going to do is,simply scroll down until you see this,section right here it says page,transparency right here and simply click,on see all and give it a moment it will,show a bunch of information here as you,can see the name the name change when,exactly they change the name for the,page and so on,previously it was called save and trend,as you can see so save and trend is,obviously a drop shipping store here,so let's just scroll down the countries,where they manage their page which is,canada two persons the number two stands,for two persons but two persons are both,from canada and here is the section that,we need just like you see right now it,says here,ads from this page it says here this,page is currently running ads so we know,right now this page is actually running,as for this particular product let's,just get back,to the galaxy projector right here,so we know right now they are they are,running ads for this particular product,and they are selling it oops it says,here this this page,has run ads about social issues and,election and politics or that's not good,do not do that that's not good so as you,can see uh,at the bottom of it there is the button,here it says go to add library simply,click on it and it will open up a new,tab and obviously to,a facebook ad library and here is the,page here as you can see and here is the,ad set for it just like you see right,now,and it's active as you can see the,assets start running on december 7,and right now it's 18 as you can see,it's 18 december so it's more than 10,days and the ad set is still running so,his me is probably making some says,that's why he is still running uh,testing out product does not go beyond,one week if you have a big budget 10,days you probably did make some sales so,you are skating or something like that,and also the second one and second one,sorry in,the 7th december and also the other one,7 december as well and this is not,actually our my competitor i'm just use,it this way to find competition for,a particular product to do demonstration,on it on the search engine as i said,make sure to use the,a particular product in between the,second quotation marks so you would get,in the results only the shopify store,that's actually selling the product that,you are selling as well so that's how,you find your drop shipping competitors,facebook ads easily without using any,tools or anything like that and as i,said the comments that i did use decided,to find competitors for the trick on,google search engine i will put the,comments in the description box just,scroll down description box and copy,them and make sure to replace the,product with the product they are,working on otherwise i think my job is,done i hope this video helped you out if,it does help me out pressing the like,button and as i said if you guys have,any questions or any video requests you,can find my instagram in the description,box and thanks for watching and catch,you very soon
PPSPY has the world's largest selection of shopify products to
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materials, so you can choose advertising materials for TikTok
ads or Facebook ads without any hassle.
So you set up your first Facebook Ads
campaign and spent your first few dollars,,but your results are not yet outstanding?,What do you do?,Well now it's all about optimization.,Take the data that you have
gathered, analyze it, and,then improve your campaign.,Sounds simple, but there's
actually a lot to it.,That's why our Facebook Ads expert Cedric
is here to help us understand how we can,do analysis in Facebook's Ads interface.,Now we've got lots to cover,
so Cedric, take it away.,Thanks Julian.,Hey, my name is Cedric and in this
video, I'll show you how to analyze,your Facebook Ads data the right way.,So what we will actually do together is
I'll show you how to create a custom view.,And we'll add all sorts of
metrics to that view and what,I call your important numbers.,Once we have that set up, we'll
actually be analyzing a real,campaign that was running last year.,So we'll be analyzing that together
and we'll be looking at real data.,And really my goal is by the end of
this video, you'll be able to apply,the concept that you've learned in
this video for any types of campaigns,,doesn't matter of the objective.,So now let me share my screen.,So I am now in ads manager, and
this is a campaign slash strategy,that we will be reviewing together.,So it ran from September 2nd to
September 18th, 2020, and this was,a lead generation campaign and it
was optimizing for Facebook leads,and it was for a virtual event.,So this is a campaign
that we will be analyzing.,But before we start talking about our
important numbers and what sort of,numbers and metrics I would add to our
view here for this example, I just want,to say that those important numbers,are going to change depending
on your campaign objectives.,So if you're doing a brand awareness
campaign, you're going to be looking,and you're going to want to add
certain metrics to your view that are,different than a traffic campaign,
because your objective is different.,And same thing with the
conversion campaigns.,If you're doing a conversion campaign,
let's say for an e-commerce store,where you're trying to send traffic to
the website so that they can convert.,You're definitely going to be
looking at metrics like the purchase,value or the return on ad spend.,But for lead generation campaign, we're
diff we're looking at different metrics.,Yes.,We're going to be looking at metrics
that are really similar, especially in,the upper funnel, like the click-through
rate or the impressions, but some metrics,lower down the funnel, are going to be a
little bit different because here we're,probably optimizing for the lowest cost
per lead, especially if it's an event.,So I just wanted to mention that before
we go and start adding those metrics.,So now to add are important numbers
or metrics to review we're going to,click right here on columns, and we're
going to want to click on customized,columns, but if you see above here.,Those are all I guess, templates
that are already made for you, which,will add certain metrics to review.,Now we're not going to explore
all of these in this video, but,if ever you want to see some of
the pre-made I guess, templates,,this is where you could find them.,We're going to click on customize
columns to create our own view.,Now, what you see on the left
are all the metrics that you can,potentially add to your view.,On the right.,Those are all the metrics that you
currently have in your view and you,can always just remove them or order
them just by clicking it and dragging.,And the X button is
obviously to remove them.,If you don't see a metric that you'd
like to add to your view, there's also,an option to create a custom metric.,So you can just click that and then create
your own metric, which is pretty cool.,But I won't be covering
that in this video.,Now, what we're going to do is we're
actually going to start with some metrics,that are a little bit higher in funnel.,And then I'll talk about some other
metrics that are probably middle,funnel and then lower funnel.,So the first one that I want to add to my
view is actually the click through rate.,And the click-through rate.,I won't actually add the CTRL.,You can add that to your view, but the
one that I really like to see is the,CTR, but the link click-through rate, the
reason for that is because if I add this,one, well, if someone clicks a comment
or someone clicks a picture or any sort,of clicks, that's what we're going to.,That's what Facebook
would count as a click.,And I only want to see the
CTR for the people that are,actually clicking on the link.,So I'm going to be choosing this one here.,CTR link click through rate.,The next thing I want to
add to my view is a CPM.,So CPM stands for cost
per thousand impressions.,And the reason I want to add this to
my view is especially if one ad or ad,set, isn't really getting conversions
or results, I'll be able to see how much,I'm paying for a thousand impression.,And since I've been doing this for a
long time, I know how much or about,how much I should pay for a thousand
impressions for a certain industry.,So that's why I always like to
add CPM to my view, now, another,one that I'll add is a CPC a little
bit like the click through rate,I don't like to add the CPC all.,You can definitely add it to your
view, but what I personally prefer,looking at is a CPC, but the cost
per link click for the same reason,,I choose a CTR for link clicks.,The other metric I want to add
to the view is the frequency.,So the frequency, I'll talk a little
bit more about this one later, but this,is actually what tells you the average
number of times each person saw your ad.,And the reason I want to add the
frequency is because usually I,find that when the frequency hits a
specific ratio, It also increase my,cost per result, which I don't want.,So that's why I always like to
keep a close eye on the frequency.,Now that our custom column is there.,We can actually start
analyzing the campaign.,Now, I just want to mention that I'm
actually not the person that created,this campaign or manage this campaign.,So I'm just simply reviewing
the data with you guys.,So let's start on the campaign level.,So I will obviously, going
to take a look at the results.,When I'm looking and analyzing my
data on the campaign level, it's,more of a high-level overview of
how my campaign is performing.,Right.,Cause I can't really make too many
modifications on the campaign level.,That's all done on the ad set and on
the ads level, but I'll take a look,at the results and see, oh, perfect.,Were we got 430 results,
uh, here's my reach.,Here's how many impressions
I've got and my cost per result.,So again, before launching the campaign,
I should have a good idea of what,am I willing to pay for that lead.,Some industry are going actually going
to be willing to pay, let's say 20,or 30 or $40 for the lead, but for
some other industry, especially if,it's like, let's say a free event.,Well, you definitely don't want to
be spending 20 or $30 for the lead.,You're going to want to probably
pay something way lower than that.,Because again, it's something free.,You're not earning something
for every time you get a lead.,So this is why you got to know
these numbers before you start,advertising, but then I'll keep
scrolling and keep taking a look.,And again, it's really just
a high level view of how it's,currently performing after that.,What I'll do is I'll go on the ad set.,So in these ad sets right now,
we have three different ad sets.,If I go all the way to the left,
I just want to mention that these,ad sets actually all use the
same audiences in case you're,wondering what is the PP or no PP.,It actually stands for people.,So they are describing if some of the
ads have actual image of people or not.,So we're going to get and see that
once we get to the ad section.,But I just want to mention that to you.,So the first thing I'll
look as the result, right.,Seeing.,Okay.,Well, which of these campaigns
are generating more results.,So obviously this one right here, all
site visitors, PP is definitely generating,a lot more results than the other one.,And if I were only to look at that, I
would probably pause the other ones.,Right?,But that's why it's also important
to keep scrolling and keep looking,at the rest of the results.,Take a look at the impressions and also
take a look at the cost per result.,So what's happening right now
is that this first ad set.,Is getting a lot more leads, but if you
look at how much they're paying compared,to these other ad sets, they're actually,
you're actually paying a little bit more.,Now.,It's not a crazy amount.,Like there's not a huge, huge
gap between let's say this one,and the a dollar and 17 cents.,But it's still definitely something
to take a look at, because just,based on seeing the cost per result
and the results, I would definitely,not pause this ad set now because
as I can see, it's generating a,cost per result of a dollar and 17.,Now what I usually do, and if I were
to create a campaign like that, and,because at this point what the person
that created that probably tried to do is,testing and when I'm testing and I'm not
sure of something I always like to use.,Ad set budget optimization and
not campaign budget optimization.,Not so now this campaign, when it was
created, if I click edit, you'll see,that they are using campaign budget
optimization it's on, but when you,leave it off, you can actually control,how much money you're going to be
spending in each ad set and most likely.,And I think what kind of happened
here is that they check to CBO.,That means that Facebook now had the
choice and the option to spend their,money on whatever ad set that they wish
and whatever ad set that they want.,But when you do that, you potentially
are spending less money on some,other ad sets that could potentially
perform better than another ad set,and that's kind of like
what happened here.,So as you can see, we've only
spent $26, but this one spent $369.,So what I'd like to do is control
how much money I'm going to,be spending in each ad set.,And as a general rule, usually from what
I see, you need at least 50 events to,start seeing a drop in cost per result.,And 50 events could mean a lead.,It could be a purchase that is just
like what Facebook says in their,documentation that after 50 events
you can start seeing it normalized or,actually see a drop in cost per result
which this one was only at 23 results.,And if we would have used maybe
someting like ABO, maybe we could,have actually seen more results
for whatever the daily budget was.,If we would have set it to
ABO, that is just an idea.,Um, potentially we would actually
end up with the same results, but,from what I've seen, and from my
experience, I like to set it up as ABO,when I'm first launching a campaign.,Now I don't want to spend too much time
on campaign structure, but the second,thing that I see here, and I took a
look at all these different ad sets,is that they're actually all the same.,What I personally like doing is
creating different ad sets and then,having the same ads or depending on
the ad sets, having pretty similar ads,so that I can only have one variable.,So if ever one ad set is performing
better than the other one.,I'll know that it's because of
the audience and not the ads, but,here it's more of a ad variable.,So they're using all the same ad sets
and then they're using different ads,in each ad sets, which I guess could
be good for testing and seeing which,ads are going to be performing better.,But I usually like, and start with
the audience and then I use the same,ads, but maybe that's just more of
a preference, but let's keep taking,a look at it here so I can see.,That obviously this one got more
results, but it has a higher cost,per result, but it also has a
lot more impressions and reach.,So let's actually take a look
and see why does this ad set?,Like, why is this ad set is
performing better than other ad sets?,And you did give the option to Facebook
to use that budget for whatever ad set.,And why did it decide to actually
spend the money on this ad set,when they're all the same audience?,So let's take a look
actually at the ads now.,So I'm going to check this
one and go to the ad level.,And if I look at all the
ads, there is a lot of ads.,Now, if I look at another ad set,
let's see, uh, this one right here.,Let's take a look and see, right.,Could that be it?,Could that actually, the reason why
Facebook is spending and got more,leads with the first ad set is just
because that ad set had a advantage,,it just had way more and more ads.,So then if you're giving more ads to
Facebook, Facebook has like, I guess,,More weapons to go to battle with,.
They have so many different variables
and formats that they can potentially,use to try to find someone that would
potentially convert and become a lead.,So that could potentially be one
of the reason why the first ad,set is actually performing better.,And it's just because.,We gave it more information and more
content so that Facebook can use that,and decide which one they want to take.,And which one do they think that a
certain person would like to see.,So if we're not doing the same thing
with potentially another ad, that could,potentially be the reason why it won't
spend as much and potentially also not,get as good results, but let's keep
analyzing things on the ad set level.,So I'm going to keep scrolling,and I actually really want to
take a look at the frequency.,So the frequency and the reason
why it's really important to,look at it on the ad set level.,Now keep in mind that this ad or this
campaign wasn't running for too long,,but if you're running a campaign for
at least a month or over a month,,you're going to see some times
if you're not frequently changing,the ad your frequency going up.,And if it does go up, you could
actually encounter something,that is called ad fatigue.,And that's when users are just tired
of seeing the same ad and yeah, they,get annoyed and that could actually
increase your cost per result.,And it is something that a lot
of advertising are noticing.,That's why it's really important to
keep a close eye on the frequency and a,good rule for the frequency is whenever
it goes over two, take a look at it.,So you can actually use the inspect
tool and take a look and see if,it increased the cost per result.,But it's good to look at the frequency
on the ad set, but also on the ad level.,And usually what I'll see is on
the ad set level, if ever I'm,using a retargeting audience.,So retargeting everyone that has been
to a specific page on my website,,especially with iOS, I found that these
audiences got a lot smaller and if,I have a really high budget, I could
have maybe 20 ads in that ad set.,But if that audience is small and I have
a high budget, that budget might actually,be a little bit too big for this audience.,And that's what the frequency is high.,And it's not a question
of changing the ads.,It's just that the audience is
potentially a little bit too,small or the budget is too big.,That's also why I like to use
ad set budget optimization,when I'm starting in learning.,And it's just because I could control
and potentially lower the budget.,If I see the frequency is a little
bit too high on the ad set level.,So that is in terms of the frequency and
that's how I would look at these metrics,,uh, when analyzing the ad sets level.,Now there's other things that you
could look at, but that is how I would,go at, I guess, analyzing it without
spending too much time doing it.,So let's take a look at the ads now.,So the first thing I noticed when I
took a look at this ad is that mean,,this one here got all the leads.,And if I look at it, I'm
pretty sure it's the same ad.,So this one compared to this one and
I love the test they made because it's,basically the same thing, but I think they
just used a different background color.,So this just tells you, and from what I'm
seeing here is that it's only just the,color and I mean, they flip, the like
the images on the other side on this one,,but if I were to manage this, I would,
what I would probably do is pause this ad.,Now use the same ad and try to potentially
add other images or other texts and,based just on the data that I can see
here, it's probably because the white,really looks good when someone is
scrolling on, let's say Facebook, it,kind of like matches with the platform.,And that could potentially be one
of the reason that the ad with the,white background is performing better.,But I would look at this.,And see, how can I create
something like that?,That is potentially a little bit
better, but using maybe the same colors.,And then I would launch that
ad and see if it's actually,performing better than this one.,So that's what I would
do with this ad set.,Now let's go back to the ad set level.,And let's use this one.,So I'll site visitors general, no pep.,So this one is again the same,
same audience, but instead of,showing a face of an actual person,
they're just showing the ad.,And if we take a look at here,
so this one got, uh, the lower,one, got a lot more results.,So let's click on view chart
and see what's going on.,Okay.
So that's the image.,Take a look at the other one.,So it's pretty much the same thing.,I'm not sure if I'm seeing big difference.,So it's more of the positioning.,So there's something with where they
position, the information, and for,whatever reason they prefer this one.,And if I open it again, I
think the logo is bigger here.,Hmm, I think it could be the logo.,So you can still see the logo here, but
it's almost like hidden in the background.,So that could be it.,Honestly, if you would show me this, I
think it looks different than a logo.,So just based on what I'm seeing
here, I think there has to be with,something with the audience that
this specific campaign is targeting.,They potentially already know the logo.,And when they're seeing this ad, they
can see the full logo and it isn't,being cut out or the other one kind
of blends in with the background.,And I think that could potentially
be it because again, this audience,is familiar with this event and when
they see the logo, they recognize it.,But when it's blended as the background,
they potentially, they might not see it.,So I think that could be one
of the reasons why uh, this ad,performed better than the other ad,
but again, it's just an opinion.,We would have to test that out
by creating another ad that truly,shows the logo inside the ad.,So, so analyzing the ads of the
last ad set, that's actually the,one where all the action happens.,So let's take a look at that together.,And if I just scroll down
here, I can see that this ad,definitely got a lot of results.,And if we keep looking here this one
as well, and just by looking at this,,I think what's going on here is that
the community, that the Measure Master,community, we're all really data driven.,Right.,And a lot of us love to
learn about technical things.,And I know that Simo is
really all about that.,So I personally think that the reason
why this ad potentially perform,better than some other ads is with the
featured image we have here of Simo.,So what I would do and how I would
improve, uh, this campaign and, or,sorry, this ad set and these ads and
an ad set is by creating another ad,with him as the front of the
ad and try different things.,And, and I've seen in another
ad set that a white background,potentially performs better.,So maybe it would actually be a good idea
to just honestly do the same ad, maybe,flip the image here and put the Measure
Summit on the other side and maybe do a,white background and see if that could
potentially decrease the cost per result,and just get us more leads overall,and the last thing that I
would recommend you to look.,And when you're analyzing things
on the ads level is the frequency.,So this campaign wasn't running for too
long, so the frequency won't be so high.,And especially in this ad set,
because there's a lot of ads,,I'd be really surprised to see
a frequency of 2.5 or over.,And if I see a frequency of two or 2.5 or
even anything higher, I would take a look,and see when that frequency got to 2.5 or
two, did it increase the cost per result?,And if it's still, if it's still
performing really well and giving us,a lot of leads, then don't pause it.,But if it's becoming to a point that,
oh, well, if I look at all time, this,ad is our winner, but in the last
seven days or even 14 days, while the,frequency got way higher, and then
it also started increasing the cost,per result to the point that now it's
actually more expensive than other ads,,well, I'll actually do is potentially
pause this ad or grab that same,ad, but change a few things in the
ad so that it's not just the same,,same image and same ad for the user.,So it's really thinking about the
user and think about it whenever,you're going on YouTube or Facebook.,And you're constantly seeing the
same ads, it's annoying, right?,They're just like you they're humans too.,They don't like seeing the
same thing over and over.,So to kind of recap this video so
that, you can kind of consume it.,And after that go ads manager and
kind of apply what you've learned and,how I'm personally analyzing things
is that it's all about being able,to come up and generate new ideas.,So take a look at an ad set,
take a look at the audience.,And see, okay, well, this one is
performing well, can I try, uh, an,interest based audience or something
that is kind of similar to that audience,,but not the exact same thing and test
it out and you got to test it out.,And then after that, being able to
do the same thing that we did today,and analyze it and look at the data,and see if it was a good idea.,And sometimes you're
going to have good idea.,Sometimes you're going to have not
bad ideas, but your ideas won't just,turn out to, uh, give you the results
you wanted and that's totally normal.,And the same thing with ads, it's all
about looking at what's currently working.,Generate new ideas, having a team
or either doing yourself and being,able to implement these ideas and
actually launching them pretty fast.,And then after that, just looking at
the data and see if it worked or not.,And it's really all about that.,And as long as you keep doing that,
you might actually start with not,the greatest results, but, but as you
keep repeating this process and it's,like a circle in the loop, eventually
you're going to end up with some,really good results with Facebook ads.,All right.,Thanks Cedric for this great explanation.,If this video helped you out, give
it a thumbs up and I also quickly,wanted to let you know about Measure
Summit, which is coming up very soon.,We have over 20 speakers
talking all about measurement.,So don't miss out and get your
free tickets right over here or,also, there's a link in
the description down below.,Now.,My name is Julian, till next time.
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