Key Takeaways
Introduction to Advantage+ Shopping Campaigns (A+SC or ASC):
- Launched in BETA in August 2022
- Uses machine learning to dynamically serve ads to audiences most likely to convert
- Allocates budget efficiently across different audience segments
Benefits of META A+SC:
- Combines retargeting and prospecting in one approach
- AI helps uncover new potential audiences
- Easy to set up and manage
- Allows importing of high-converting ads from other campaigns
- Constantly evolving with new features and functionality
Case Studies:
- Boots Christmas Campaign: 10% decrease in CPA, 7% increase in ROAS
- Carlow Awareness Campaign: 1.7x more orders, 4.3% decrease in CPA
- Smol Increasing Sales Campaign: 51% lower CPA, 2x more orders
Best Practices:
- Keep audience lists up to date (Engaged Audiences and Existing Customers)
- Optimize towards different events, not just purchases
- Test different performance goals (set realistic minimum ROAS)
- Use both browser events and Conversions API for tracking
- Utilize Audience Controls to limit reach
- Manage Placements at the account level
- Add budget caps for existing customers to focus on new acquisitions
- Test various ad creatives (up to 150 per campaign)
- Use unique frames for carousel ads and experiment with price overlays
- Monitor performance for new vs. existing customers
Action Items
Implement A+SC:
- If available, start testing META Advantage+ Shopping Campaigns
Audience Management:
- Update and segment audience lists regularly
- Create separate lists for engaged non-purchasers and existing customers
Optimization Strategies:
- Experiment with different optimization events beyond just purchases
- Test various performance goals, ensuring realistic minimum ROAS
Tracking Setup:
- Implement comprehensive tracking using both browser events and Conversions API
Campaign Controls:
- Use Audience Controls to refine targeting
- Set up account-level placement management
- Consider adding budget caps for existing customer segments
Creative Testing:
- Develop a variety of ad creatives (static images, videos, carousels, catalog ads)
- Design unique frames for carousel ads
- Experiment with different price overlay styles and positions
Performance Monitoring:
- Regularly review performance metrics, especially comparing new vs. existing customers
- Keep an eye on high-performing ads from other campaigns for potential import
Stay Updated:
- Given the BETA status, stay informed about new features and best practices
Remember: META's Advantage+ Shopping Campaigns offer a powerful, AI-driven approach to e-commerce advertising. Regular testing, optimization, and staying current with new features will be key to maximizing performance.
For more information:
- Twitter: @samanthanoble
- LinkedIn: @SamJaneNoble
- Presentation Deck: Speakerdeck.com/samjanenoble
- Contact: 020 8123 0290, info@biddablemoments.com