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- Interview with Nick Theriot
Interview with Nick Theriot
Tuesday, March 30th
Today's top marketing tips, tactics, & tools
Welcome back ladies and gentlemen, we have an awesome email for y’all folks this morning. I had an AMAZING interview with Nick Theriot recently and I CANNOT wait for everyone to check it out. You GOTTA watch this one and leave me some feedback in the comment if you would like more content like this.
After that we have some advice about how to adjust your ad campaigns based on outside influences like the holiday season. It’s a bit longer than most of our lecture sections, but trust me, it’s worth it.
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How to Analyze and Adjust Your Facebook Ad Campaign for Better Results
When it comes to evaluating the effectiveness of digital marketing campaigns, it's important to take into account the potential influence of seasonal trends on consumer behavior.
During occasions like the holiday season, significant shifts in consumer purchasing patterns and advertising metrics can occur.
For example, as Christmas draws near, it's not uncommon to see a reduction in consumer spending, as individuals become more cautious about making purchases that might not be delivered in time for the holidays.
This change in consumer behavior often translates to lower conversion rates and fluctuating CPM metrics within digital advertising campaigns.
Moreover, it's critical to recognize the impact of supply and demand dynamics on digital marketing platforms.
As the number of ad placements remains relatively stable, the influx of advertisers during specific periods, such as around events like the Super Bowl or Valentine's Day, leads to an increase in ad spending. Consequently, this surge in demand can lead to higher CPMs for advertisers.
Furthermore, changes in consumer intent play a significant role in shaping advertising performance.
After intense spending during January, there tends to be a reduction in consumer interest and engagement, requiring marketers to adapt their strategies accordingly.
Ultimately, to navigate these challenges and optimize campaign performance, it's important to adopt a strategic and adaptive approach. This involves diversifying targeting parameters, conducting well-considered creative tests, and progressively transitioning towards a more sustainable and efficient long-term growth strategy.
Keep Reading for Thoughts on…
1. Testing Strategies
2. Market Dynamics
3. Ad Creatives
4. Platform-Specific Advice
5. Long-term Growth vs. Immediate Results
Testing Strategies
To have multiple ad sets to test different concepts and offers to identify what works best for the platform and the target audience. This approach allows for informed decision-making and actionable data to improve performance.
Market Dynamics
The understanding of the dynamic marketplace, where supply and demand fluctuate due to various factors such as seasonal events and consumer behavior. It's important to consider these market dynamics when evaluating advertising performance.
Ad Creatives
The main takeaway regarding ad creatives is the need to continuously test and optimize different creative formats, such as motion videos and static images, to determine which performs better for engaging the target audience.
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Platform-Specific Advice
Be cautious when receiving platform-specific advice aimed at immediate performance improvements, as it may not necessarily lead to sustainable results and long-term growth. It's important to make informed decisions based on long-term objectives rather than short-term gains.
Long-term Growth vs. Immediate Results
The distinction between optimizing for immediate performance and investing in long-term growth. The focus should be on creating a stable and knowable output that can be continually improved, rather than pursuing immediate but potentially unsustainable results. This aligns with training the machine to handle the workload efficiently over time.
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Until Next Time, I’ll See You On The Internet
~ Charley T, Founder of Disrupter School
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