Project Description
Objectives: WATCH FACTORY partnered with Solution Stack to maximize online sales through Facebook and Instagram advertising. Their key objectives were:
- Increase purchase conversions on their Boosting E-commerce website.
- Optimize ad campaigns for a profitable Return on Ad Spend (ROAS) (implied).
- Achieve a cost-effective Cost Per Result (CPR) for purchase conversions.
- Expand reach and brand visibility within their target audience.
Solution Stack’s Conversion-Focused SMM Strategy: We engineered and implemented a multi-pronged Facebook and Instagram advertising strategy, heavily focused on optimization for purchase conversions:
- Conversion Campaign Structure: Designed Facebook Ads campaigns with the “Conversions” objective, leveraging platform algorithms to optimize for purchase events.
- Targeted Audience Definition & Segmentation: Defined specific target audiences based on demographics (age bracket) and interests related to watch purchasing, luxury goods, and fashion accessories, ensuring ads reached likely buyers.
- Competitor Ad Creative & Copy Analysis: Conducted a comprehensive analysis of competitor advertising to identify successful ad formats, messaging, and creative approaches, informing our own ad development.
- Daily Performance Monitoring & Data-Driven Optimization: Implemented rigorous daily monitoring of campaign performance metrics (CPR, CTR, ROAS, etc.). Utilized data insights to continuously optimize ad creatives, targeting, and bidding strategies to improve conversion rates and maintain a low CPR.
- A/B Testing of Ad Creatives: Developed multiple ad variations (different visuals and copy) and employed A/B testing to identify top-performing ad creatives and refine messaging for optimal conversion impact.
Measurable E-commerce Results: Solution Stack’s optimized SMM campaigns delivered significant e-commerce success:
- 170 Purchases in 30 Days: Successfully generated a substantial volume of sales directly attributed to Facebook and Instagram ads.
- Cost Per Result of $13.89: Achieved a highly efficient Cost Per Result for purchase conversions, demonstrating strong ROI.
- Click-Through Rate of 3.42%: Indicates effective ad creatives and targeting in attracting interested users.
- Impressions of 206,312 & Reach of 69,129: Showcases broad campaign visibility and audience engagement.
Client testimonial: “We got 170 purchases in last 30 days. Achieved the goal of average CPR to $13.89 and managed to maintain it.” – WATCH FACTORY
Information
- Category: Graphic, SEO, Social media marketing, Web design, Web development, Wordpress,
- Date: April 19, 2023