Digital media brings with it paid ads – a very useful acquisition channel for businesses. Paid ads have some clear advantages over other acquisition channels. This includes,
- quick setup and lead generation time
- platforms like Facebook and Google adwords provide in-depth data to identify the ads that are working
- dynamic tools like lookalike audience creation and retargeting website visitors
- often low cost compared to many other acquisition channels
If you are looking to set up Facebook ads for your business, first ensure you have your basic brand positioning in place. Typically, you should know the tone of voice, Unique Selling Points (USPs), target audience and objective of the ad campaign thoroughly before you start the ads.
If you are wondering how to select the right acquisition channels for your business – read this blog.
Note steps 7 & 8 : Don’t just generate leads, convert them to customers!
One of my VC funded startup clients needed leads on priority. I set up Facebook lead gen ads for them in a week. Here’s that story: Facebook ads casestudy
Have you set up Facebook ads as one of your acquisition channels? How did it go? Any interesting learnings you would like to share?
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