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[DATA] Which Facebook Advertising Objective Generated 5X the Leads at 1/5 the Cost?

Facebook Advertising Objectives

July 17, 2014 By Molly Pittman

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The first obstacle most people face when setting up Facebook ads is choosing the “advertising objective”.

Obviously we all want to generate leads, sales and engagement on Facebook.

That’s why there are so many options available in the ads manager:

Facebook Advertising Objectives List

Most of the objectives are self explanatory…

  • Page post engagement = likes, comments, and shares to a post on your Facebook page
  • Page likes = more likes for your Facebook page
  • App installs = more people installing your app
  • App engagement = people talking about your app
  • Event responses = people rsvp’ing to your event
  • Offer claims = people claiming your FB offer…

But, what about Clicks to Website and Website Conversions? Which should I use, and when?

This has been a burning question for some time.

Should you try to send as much traffic as possible via website clicks (optimizing for more clicks to your website) or is it best to optimize for website conversions (placing a pixel on the thank you page after an optin that tells Facebook that there was a conversion)?

I decided to run a test to see which objective would allow me to generate the most leads for the lowest cost and therefore send the most traffic through the funnel. I ran the same ad using the same targeting options, the same budget, and the same landing page.

Here’s the landing page…

Landing Page for Facebook Ad

The Lead Magnet is a file of Twitter Lead Generation card templates. The tripwire is a $7 execution plan on Twitter Ads and the core offer is a Digital Marketer Lab membership.

For one campaign, I selected “Clicks to Website” as my objective and created the ad below:

Facebook Advertising Objective Clicks to Website

For the second campaign, I selected “Website Conversions” as my objective, placed a pixel on the tripwire sales page (the first page they hit after opting in) and created the ad below:

Facebook Advertising Objective Website Conversions

The same ad. The same targeting.

The only difference is on the first campaign I told Facebook to optimize for as many clicks as possible, and for the second campaign I told Facebook to optimize for as many leads as possible.

Here are the results after 3 days:

Objective: Clicks To Website
Spend:  $460.81
Leads Generated: 59
Cost Per Lead (CPL): $7.81

Data - Clicks to Website Facebook Advertising Objective

Objective: Website Conversions
Spend:  $458.63
Leads Generated: 332
Cost Per Lead (CPL): $1.38

Data Facebook Advertising Objective - Website Conversions

By optimizing for conversions we were able to generate 5x more leads at 1/5th of the cost. This is incredible!

What does this mean?

It’s time to start testing advertising objectives when setting up campaigns. TRUST that Facebook has collected enough data on users that when you want to optimize for a certain action, they will show your ads to the people who are most likely to actually do it.

When sending traffic to a landing page to generate leads, test the “website conversion” objective. Don’t let the thought of placing a pixel on a thank you page scare you.

It can make a HUGE difference in your advertising performance.

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Molly Pittman

Molly Pittman

Molly Pittman is a leading digital marketing strategist, educator, and entrepreneur who has trained more than 10,000 people across the globe. By the age of 24, she had risen from being an intern to a vice president at an 8-figure digital marketing company. Now running her own business, she offers her students marketing resources, training, and support usually reserved for top 100 agencies through her TeamTraffic.com and TrainMyTrafficPerson.com. She’s helped her students do everything from getting positions at Fortune 500 companies to quadrupling their revenue in 1 month. When she’s not consulting with 7- and 8-figure businesses or working with students, she is appearing in the media. She serves as the co-host of the Perpetual Traffic podcast, which has been downloaded more than 4 million times. Molly has also appeared on stages across the globe including Traffic & Conversion Summit and Social Media World. Her forthcoming book, Click Happy, will be published in early 2020.

Previous Post 3 Ways To Reduce “Friction” On Your Landing Pages (Or, How To Sell to Homer Simpson)
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