In the last 5 years I coached multiple high level advertisers and did consulting sessions for 8 figure brands.
Just recently I created a coaching program for the Europes's #2 fastest growing startup Kilo Health to level up their media buyers.
Most media buyers have the same questions.
Let me answer them once and for all.
If you work with a brand which is generating below $25M/year revenue then focus on copying indirect competitors.
Go beyond your direct competition and copy creatives from niches which are not related to yours.
If the brand is doing over $25M/year then research your ICP in places like:
- Amazon
Then, also:
- Send post purchase surveys
- Interview customers
Consolidate answers and create briefs which target specific pain points.
Instead of doing a general targeting approach, focus on one pain point at a time, then test different formats.
Create a testing variable cheatsheet the next time you start scaling.
Come up with as many things you can test and then track them.
Some examples of what variables you can include:
- Attribution setting
- Bid setting
- Placement
- Country targeting
Even if you take only these 4 variables, you can come up with over 20 setup variations to test.
There are two ways to scale:
- Vertically
- Horizontally
Scaling is a consequence of testing.
First focus on testing creatives in a controlled ABO environment and then scale the budget vertically once you find a winner.
Once you start scaling vertically then increase the budget by duplicating an ad set with different setups from the cheatsheet.
The ultimate goal of every account is consolidation.
Consolidation = having as few campaigns possible with the budget focus on the best assets.
There are multiple ways to test creative, but you have to think about a couple of things:
- What's the most controlled way to test creative?
- How to maximize efficiency?
The most common way to test creative is ABO. It's the campaign type which gives the most control to make it a fair test.
It's best to test everything on ABO, but keep this in mind:
- Starting testing budget at least 1x CPA
- Test in batches of 3-4 creatives
- Kill ads early if they don't get a checkout
- Don't overthink about secondary metrics
Advertising is a high paced environment where it's hard to keep up.
Big brands have an advantage because knowledge = data.
There are 4 ways to improve your skill:
- Leverage free resources online from authority figures
- Work for the best people in the market
- Buy courses and apply advice instantly
- Get a coach
That's it for today.
Which question is the most relevant to you?
Leave it below and I will cover it in my next newsletter!
Deividas
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