EP184: Using Facebooks Campaign Budget Optimization Tool to Increase Social Proof (Part 2)
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In last week\\u2019s episode, Ralph and Molly talked about Facebook\\u2019s new campaign budget optimization tool (CBO). But this week they dive in a little deeper to explore how this tool can increase the social proof on your ad sets.\\xa0
Molly explains how to use ad sets from a previous campaign to increase their engagement and conversions. Ralph then shows us where to find the deceivingly hidden \\u201cminimum budget\\u201d option and how to use it to find new audiences. Lastly, they explain when NOT to use the CBO option in order to avoid resetting the optimization process.
In This Episode You\\u2019ll Learn:
- How the tool decides which ads to increase the budget for
- How Molly spread ad sets out amongst various CBO campaigns with a $2,000 daily budget for increased social proof on all ad sets
- Why using the minimum budget tool can actually increase the engagement on your under-performing ads
Links and Resources Mentioned In This Episode:\\xa0
Train My Traffic Person Webinar
Episode 71: The Michigan Method: A Strategy For Scaling Ad Campaigns
Episode 182: Top Instagram and Facebook Predictions of 2019
Episode 183: How Facebook\\u2019s New Campaign Budget Optimization Tool Can Get You Leads Faster
This Simple Facebook Ad Trick Gets More Leads & Customers In 5-10 Minutes FlatFacebook\'s Campaign Budget Optimization Tool
Smart Marketer |Ecommerce Courses by Ezra Firestone
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Mentioned in this episode:
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