(Part 2) What’s Working (And What’s Not) Now on Meta and Google Ads With Nick Miller
Apr 19, 2024
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Media buying wizard Nick Miller from Tier 11 joins hosts to discuss shifts in media buying strategies, focusing on Campaign Budget Optimization (CBO). Insights on audience selection, automation, creativity in campaigns, and top funnel tactics. They explore algorithm mastery, the future of ads on Google TV, and the influence of Google search data in crime investigation. A mix of wit and practical tactics for marketers of all levels.
Google TV advertising offers cost-effective targeting for TV screens, utilizing QR codes for trackability and successful e-commerce integration.
Top-of-funnel targeting with non-conversion content builds connections gradually and optimizes for specific site behaviors to nurture leads effectively.
Transitioning to Campaign Budget Optimization (CBO) improves performance metrics through algorithm-driven media buying, despite some legacy ABO preferences.
Deep dives
Innovative Strategy for Google TV Advertising
Google TV advertising presents a cost-effective opportunity with cheap inventory targeting TV screens exclusively. By excluding all other devices and focusing on Google TV placement, campaigns optimise for cost per view. Incorporating QR codes adds trackability even without clicks, enabling unique attribution. Utilising this strategy with a large e-commerce client yielded significant success, integrating TV advertising into digital marketing initiatives.
Top-of-Funnel Content Engagement
Targeting top-of-funnel audiences with non-conversion content, such as popular blog posts, introduces prospects gradually. By running ads to engaging content with softer sell approaches, brands establish a connection before seeking direct conversions. This tactic, optimising for specific site behaviors like time spent reading, proves effective in initiating customer journeys and nurturing early-stage leads.
Automation Revolution with CBO vs. ABO
Embracing automated strategies like Campaign Budget Optimization (CBO) over Ad Set Budget Optimization (ABO) reflects a trend towards algorithm-driven media buying. CBO reallocates budgets at the campaign level, leveraging platform optimization for enhanced performance metrics. Despite some legacy campaigns favoring ABO, new accounts and campaigns increasingly benefit from the streamlined efficiency of CBO.
Shifting Focus to TV Screen Advertising
Exploring TV screen advertising through Google TV offers a unique opportunity to reach audiences in living rooms with distinct targeting capabilities. Leveraging cost-effective placements and focusing on engagement metrics rather than clicks, brands can tap into this affordable advertising channel. Integrating QR codes for trackability enhances measurement accuracy and ensures valuable engagement outcomes.
Behavior-Based Optimization Strategies
Adopting behavior-based optimization strategies, such as targeting content viewership and engagement metrics, refines advertising approaches for specific site interactions. By transitioning from direct conversions to intermediate site behaviors, brands engage audiences progressively and nurture relationships. Tracking incremental engagement metrics enhances campaign effectiveness and facilitates strategic audience development.
Join Ralph Burns and Kasim Aslam, along with the media buying wizard Nick Miller from Tier 11, as they dissect the latest shifts in media buying strategies, focusing particularly on the transition from Ad Set Optimization (ABO) to Campaign Budget Optimization (CBO). This trio unpacks the complex jargon of digital marketing and talks about practical tactics to leverage algorithms for improved campaign effectiveness. Whether you’re a seasoned marketer or just dipping your toes into the digital waters, this discussion will not only clarify the buzzwords but also enhance your understanding of the digital advertising landscape, all delivered with a healthy dose of wit. Prepare to have your marketing myths busted and your strategy skills sharpened in one insightful session.
Chapters:
00:00:00 - Kickoff: Meet the Hosts & Telegram Tactics
00:01:15 - Strategy Session: Unpacking CBO & ABO
00:02:25 - Target Practice: Audience Selection and the Algorithm Advantage
00:06:00 - Automation Insights: Delving into Campaign Adjustments and Algorithm Updates
00:10:54 - Creativity in Campaigns: Engaging Your Audience Effectively
00:13:00 - Engagement Essentials: Discussing the Impact of Creative Content
00:15:08 - Top Funnel Tactics: Using Non-Sales Content Strategically
00:18:30 - Content Strategies: Driving Traffic with Top-of-Funnel Tactics
00:20:15 - Algorithm Mastery: Adapting to Evolving Ad Platforms
00:22:32 - Future of Ads: The Rise of Google TV and Integrated Advertising
00:28:48 - Closing Thoughts: Summing Up with Sneak Peeks and Special Invites
Connect with Kasim on Twitter and Connect with Ralph on LinkedIn
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