DONβT Use One Facebook Ads Campaign (Do This Instead)
π Video Summary
π― Overview
This video debunks the "one campaign method" for Facebook ads, a strategy that suggests putting all ads within a single campaign. The speaker, with extensive experience managing ads, explains why this method is ineffective and presents a superior, modular approach called the M3 method.
π Main Topic
The optimal strategy for structuring Facebook ad campaigns, emphasizing the pitfalls of the one campaign method and introducing a more effective, modular approach.
π Key Points
- 1.The "One Campaign Method" Doesn't Work [0:00]
- It lacks control over budget distribution across different audience segments (new, existing, engaged).
- 2.Audience Segmentation is Critical [1:44]
- The one campaign method can lead to overspending on existing and engaged customers, hindering new customer acquisition.
- 3.Incremental Attribution Reveals True ROI [3:39]
- The speaker demonstrates that the one campaign method can lead to inflated ROIs on existing and engaged customers and underperformance on new audiences.
- 4.The M3 Method: A Modular Approach [6:20]
- This structure allows for clear segmentation and optimization for each stage of the customer journey.
- 5.Retention Campaign Setup [7:10]
- Uses a combination of Clavio and pixel audiences.
- 6.Retargeting Campaign Setup [8:21]
- Includes exclusions to prevent overlapping.
- 7.Prospecting CBO Campaign [9:49]
- This structure creates a hyper-competitive environment where winning ads naturally rise to the top.
- 8.Graduating Winners [12:26]
π‘ Important Insights
- β’One Campaign Method's Flaw: It allows Facebook to freely shift budget, leading to overspending on the wrong audiences. [2:19]
- β’Incremental Attribution: Reveals the true impact of ads, highlighting overspending on existing customers. [3:39]
- β’M3 Method's Structure: Creates a clear, organized system for managing campaigns across different stages of the customer journey. [6:20]
- β’Prospecting CBO Advantages: Enables a competitive environment for creatives and allows for easy graduation of winning ads. [10:22]
π Notable Examples & Stories
- β’The "One Campaign" Account: The speaker showcases an account using the one campaign method, which appears to be performing well but could be significantly better. [1:04]
- β’Incremental Attribution Data: The speaker uses this data to demonstrate how the one campaign method overspends on existing customers. [3:39]
- β’The Moonlighters' Approach: The speaker shares the M3 method used by his agency, demonstrating a practical application of the concepts discussed. [6:15]
π Key Takeaways
- 1.Avoid the "one campaign method" and its limitations.
- 2.Segment your campaigns by audience type (prospecting, retargeting, retention).
- 3.Use a modular approach (like the M3 method) to manage and optimize campaigns effectively.
- 4.Test multiple creatives within a prospecting campaign to create a hyper-competitive environment.
- 5.Continuously analyze data and adjust your strategy based on performance.
β Action Items (if applicable)
β‘ Analyze your current Facebook ad campaigns and identify if you're using the "one campaign method." β‘ Implement the M3 method or a similar modular structure for your campaigns. β‘ Set up audience segmentation and track performance by segment. β‘ Test multiple creatives within your prospecting campaign.
π Conclusion
The video strongly advises against using the one campaign method, emphasizing its inefficiencies. It provides a detailed, actionable guide to a more effective Facebook ad structure, the M3 method, which prioritizes audience segmentation, creative testing, and a modular approach for better control and performance.
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