Dynamic advertisements can increase sales for advertisers that have a product library. The advice and detailed instructions in this article will help you maximize the efficiency of dynamic advertisements, regardless of whether you've used them before. Let's get going.
What Are Dynamic Product Ads?
Dynamic Product Ads are ad templates customized based on the facts of the specific customer, making them more beneficial, inviting, and far more effective. DPAs are created dynamically, utilizing all essential customer data to customize advertisements properly.
Why You Should Use Dynamic Product Ads
With dynamic product advertisements, you may create adverts automatically, as distinct to by hand, for all other ad units, leveraging text and images from your product catalogs. DPA advertising is easy to set up, and since all your products are promoted automatically, you can almost disregard it.
You might raise your average orders and lifetime value with dynamic product marketing campaigns that cross-sell and upsell. They are more likely to recall and purchase that product if you retarget them with a marketing message that suits their interests.
You can give customers who have already made purchases from your company products that might increase the lifetime value of those customers by using dynamic product marketing.
Benefits of Using Facebook Dynamic Ads
Manufacturers in various sectors choose dynamic ads because they are:
You may update customized advertising to your audience using dynamic ads.
Simple To Grow
You may use one template to make advertisements for each item in a company's collection. The template should be made and connected to the marketer's process stream.
Due to dynamic ads, your interested customers will never see an advertisement for a product that is out of stock or has a price that has changed.
Dynamic Ads are efficient since you can personalize them to the user, expand them quickly, and automatically update them.
How To Set Up Dynamic Product Ads
1. Install Facebook Pixel and Add Events
- First, create and install the Facebook Pixel.
- Go to Ads Manager > Pixels > Create Pixel.
- Now you will get a code that you will need to add to the header section of your website.
- After adding the code to your website, you must check if Pixel is working by clicking on 'Send Traffic.'
- If the status shows 'Active,' you can continue to move on to adding event codes.
- Now, for dynamic product ads, the events you want to add include' View Content, Add to Cart, and Purchase.' You will need to add their event codes to your website as well.
2. Create a Product Feed
All of the details about your items are contained in a product feed.
Apps and plugins for e-commerce platforms such as Shopify and WooCommerce make this process quick and straightforward.
You may also create a feed manually by filling out a CSV file with all the details about your goods and sending it to Facebook Business Manager.
Once finished, your product stream will be accessible at a predetermined area of your website.
3. Set up Your Facebook Catalog
This section will contain all information about your products.
- Go to Facebook Business Manager > Assets > Catalogs and choose the most relevant catalog for your business.
- Choose a name for your catalog and click on 'Create.'
- Connect the product feed to the catalog by clicking on View Catalog > Data sources > Add data source > Set a schedule.
- Now paste the URL of your product feed in the Add a data feed URL section.
- Finally, choose your feed's name, price, and update schedule before clicking Upload.
4. Create Your Dynamic Product Ads Campaign
- Select "catalog sales" under the conversion options.
- Choose your 'product catalog.'
- As we choose the catalog, we need to mention the product set.
- Move on to audience selection by retargeting people who have interacted with our website or prospecting to cold traffic.
- Choose the period for the campaign to last.
5. Change Budget Optimization
Turn on Budget optimization and enter a campaign budget that you can afford to spend.
6. Set Up Your Ad Set
- Set up your ad by going to Ads manager > Ad sets and filling in the boxes next to the ad set's name.
- Now choose the products you want to promote by setting the budget and choosing a schedule and audience.
- Select 'Automatic Placements' in the Placements section and finish the setup.
7. Create an Ad
- Follow the steps: Ads Manager > Ads tab > Ad checkbox
- Select your Facebook page and ad creatives.
- After you are done with the customization of the ad, click 'Publish.'
How to Optimize Dynamic Product Ads
Use Separate Ad Sets for Viewed and Added to Cart Audiences
Most people don't give it much attention because the default audience for dynamic product advertisements is Viewed or Added to Cart.
Therefore, you should often choose the Custom Combination option.
For Facebook dynamic advertisements, distinct ad sets.
While viewers who have only viewed your ads may be interested in your goods, those who have added items to their carts have much higher purchase intent and require distinct ad language. Users who did not add a product to their cart may require extra information, such as product reviews, to persuade them to do so and subsequently make a purchase.
Control Ad Frequency
Displaying unattractive dynamic advertising can do considerable damage to your brand's reputation. Keep a close eye on your ad frequency and optimize it if it rises too high to avoid this. Keep your total ad frequency in the range of 1.
Keep an Eye On Bidding
Different bidding techniques are needed for various aims. As a result, your ad frequency will be pretty high if you bid on goods and employ a one-day click timeframe. In this case, choosing a broader timeframe will help you reduce frequency.
Change the Time Window
High ad frequencies may be caused by a temporal frame that is too small. To lessen the frequency to a manageable level, you must experiment with a broader time range.
Retarget Customers for a Maximum of 30 Days
When consumers have been viewing a product for more than 30 days and haven't bought it, they are probably no longer interested in it. Most of the time, continuing to remarket to such consumers is a waste of advertising dollars, especially on Facebook.
Change Ad Copy
While dynamic product advertisements are pretty visual, you must think about and refine your ad content for the most significant outcomes.
Facebook advises taking into account the following advice when writing your ad copy:
- Connect your content to your graphic: Your advertisement's material and graphic should work well together.
- Create unique advertising for various audiences: Use distinct advertising to personalize your message to each audience network.
- Address your audience: Write your ad content as though you were speaking to a specific person in your target market.
- Stay distinctive: Consistently use the same tone throughout all platforms so your audience can quickly identify your message.
- Keep it brief and to the point: Choose the message you want to convey and work to make it as concise as possible.
- Indicate the cost: Include the product's price in your ad copy. Everyone dislikes transparent advertisements.
- Put a time limit on it: Use phrases like "soon" or "today" in your advertisement copy to give your offer a feeling of urgency.
Utilize Product Sets
You may use a product set to filter products by category or price, and you can make dynamic advertisements to run promotions like discounts on particular product categories.
Test Different Placements
Find out which ad placements are the most beneficial for you by testing how your advertising performs in the right column, the mobile newsfeed, and the desktop news feed.
Get Rid of Non-performers
Remove certain goods from your product feed entirely if they consistently fail to generate sales so that you can focus more of your advertising budget on promoting successful products that appeal to your target customers.
Make Sure Your Product Catalog Is Fully Updated And Accurate
Use all the information you have at your disposal. Choosing which products to highlight might be challenging when you have thousands of Merchandise or products to advertise.
Check Your Analytics Regularly And Adjust Budget Accordingly
Spending money on unsuccessful products is a waste. Increase your investments in significant successes and avoid spending money on the things affecting you.
Get Your Images Right For Mobile
Grab the attention of Facebook's mobile users, who account for 93% of the social network's ad income.
For single advertising, 12000 x 630 pixels are needed, and at least 600 × 600 pixels are necessary for carousel ads.
You may revise ads, or you can make templates with your logo and company colors on them. You may add the price to each image, and other customization options include choosing the text box's type, size, and positioning.
Check Out The Multi-Language Options
This brand-new function enables you to reach consumers abroad.
A dynamic multilingual advertisement is simple to make. When setting up Dynamic Ads, utilize the "Create in Different Languages" tool.
Use Animations If Possible
You may display customers' products from various perspectives, including close-ups, using the slideshow dynamic ads format without requiring them to take action. This enables you to incorporate web functionality into the News Feed.
You must include numerous photos in your product feed and choose the "display when available" checkbox under Catalog Assets to make Slideshow Dynamic Ads.
Check Your Pixel
Once the Pixel is set up, make sure it's working by checking your Events page regularly.
Facebook Dynamic Product Ad Strategies
Use Personalized Product Recommendations
Show customers any relevant ones you sell in addition to the ones they previously viewed when remarketing to them. By exploring related items, customers might discover a suitable substitute if the thing they first viewed wasn't exactly what they were looking for.
Leverage Abandoned Cart Content
Use the content from abandoned carts in your adverts to remind customers of the discarded items.
To persuade customers who aren't sure whether to buy from your website or not, think about providing a discount code on your website.
Target Customers Post-purchase
Targeting recent clients with items that apply to their most recent Purchases may help you increase customer lifetime value. These can be more goods or comparable goods with different price levels.
Frequently Asked Questions
Does Facebook have dynamic ads?
Yes, Facebook does have dynamic ads.
Are Facebook dynamic ads good?
Facebook dynamic advertisements are effective but proceed with caution.
Nonetheless, they have demonstrated success, particularly concerning retargeting and bottom-of-the-funnel prospecting.
Where are dynamic ads on Facebook?
They can show up on your feed as well as the audience network.
Final Thoughts on Facebook Dynamic Ads
Every marketer's plan should include Facebook Dynamic Ads. It offers a suitable program to contact clients and website visitors with relevant and targeted adverts.
If you keep an eye on the frequency, you may let the adverts run automatically. You can save time, increase ROAS, and raise KPIs.
Regardless, suppose you are a small business with a limited product catalog, or you manage an eCommerce store with a vast product selection. In that case, Dynamic Product Ads can help you optimize your ad campaigns to supply customers with relevant information that will boost your conversion rates.