Facebook Launches Creative Tool in Power Editor and the Updated Ads Manager
Facebook has a
new trick up its sleeve. It’s called “dynamic creative,” and it’s a tool
available in Power Editor and the newly updated Ads Manager.
Firstly, let me begin by saying that
you might not have either the updated Ads Manager,
or the new dynamic creative tool that
Facebook announced this week. Worry not. You will have the former within the
month, and chances are you will also have the latter at the same time. Until
that day comes, make sure you’ve familiarized yourself with Facebook’s Power
Editor, as the new Ads Manager will be based on the ad-creation logic it uses.
Dynamic creative is
a tool that “delivers the best combination of your creative assets,” by finding
the best creative combinations of your ads. It does so by taking components
like images, videos, titles, descriptions, CTAs, etc. and runs them as
different combinations across audiences. Essentially, it automatically creates
ad variants for you – based on the components it has at its disposal – and then
converges on those that deliver the best results. Then, it serves the best performing
creative.
If you’d like to set up and
use dynamic creative, you will have to use Power Editor. You can also use the
Quick Creation workflow in the updated Ads Manager – if you have it. You’ll
want to use dynamic creative with at least one of three available objectives:
traffic, conversions, and/or app installs.
Begin by creating a campaign as you would
normally. Create an ad set as you would, and see if you have the option to
use dynamic creative in your ad set settings. Ad set and ad settings that
aren’t compatible with dynamic creative will be changed or deleted. You can of
course edit these later. When creating an ad you can find the option to
add multiple assets. Make sure that all assets can be combined without losing
their relevance. Note that you can only use assets that total up to 30.
While the total asset number is 30, you can use a maximum of 5 titles,
10 images or 10 videos, 5 bodies of text, 5 descriptions, and 5
CTAs. Also note that you can use images or videos, and can’t mix in the same ad
set. As such, you could always try images and videos in separate ad sets. Once
you’re happy with the assets you’ve uploaded, you can preview different
variations by clicking View More Variations. Finally, click Review
Draft Items to make the ad changes.
The supported placements for
dynamic creative ads are:
·
Facebook
news-feed on desktop and mobile
·
Right
hand column with Audience Network
·
Instagram
feed
Once
you’ve run a campaign using dynamic creative, you can find the performance of
each ad creative by heading over to your “breakdowns” drop down and select “By
Asset.” Then choose one of the breakdowns from: Image, Video, Headline,
Text, Description, Call to Action, or Website. Once you’ve done so, you
can view columns for Results, Cost per Result and CTR (Link Click-Through Rate)
to see the metrics by asset type. If you’re so inclined, you can also choose
Age and Gender breakdown.
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