full
Consistent Profits for Over 15 Months Using the Facebook Matrix Method
Learn how we achieved consistent profits in 15 months using the Facebook Matrix Method—reaching 437,000 people with a CPM of only $1.32, 1.3 million monthly impressions, and more.
Our Specialists Manager, Glen Wilson, sits down with our Facebook Ads and Klaviyo expert, Dan Nikas, to share how the Facebook Matrix Method can enhance overall brand performance and customer acquisition. With real-life account examples and expert advice, discover how this strategic approach to Facebook ads in synergy with Google Ads can be your key to long-term business growth.
Learn about the Solutions 8 Digital Marketing Services here: www.sol8.com/digital-marketing-services
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• 💰 Maximizing Profits with the New Sol...
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0:00 Intro
0:25 Consistent Profits for Over 15 Months Using the Facebook Matrix Method
5:55 The initial reluctance to run Meta Ads with Google Ads
11:17 Measuring ad campaign results
16:58 Consistency of profits looking at key metrics
21:25 Monthly performance increase with the Facebook Matrix Method
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Transcript
This is the way the system works and you can see the amount of
2
:reach that we're getting, the average
CPMs, the frequency that we're hitting
3
:people across the board, across the
account, it's all going the right way.
4
:And for that.
5
:400 a day.
6
:We're getting 1.
7
:3 million impressions a month for it.
8
:Oh, everyone in YouTube land.
9
:This is Glenn from solutions.
10
:And I'm here again with Dan and this is
video five in our sequence of the hybrid
11
:Facebook, Clavio slash Google system.
12
:today Dan's going to be taking us
through, probably an account that he's
13
:been running this system on probably the
longest you were saying, Dan, and some
14
:of the results that you've been getting.
15
:Yeah.
16
:So this account, we have been running
this account for quite a few months.
17
:now with this strategy,
it's not an ATM machine.
18
:This is long term strategy where we're
building trust, awareness, engagement.
19
:And, it's not flash in the pan type.
20
:Oh, we've got some secret hack and
we've managed to generate sales for you.
21
:There is a definite synergy between all
of these, strategies in terms of Google,
22
:Klaviyo, and your meta advertising.
23
:And what it does do is it really
effectively takes into consideration
24
:the time it takes a potential
customer to make a decision about
25
:whether they want to purchase.
26
:Now, the brand that I'll
go on to show you now.
27
:To hire the competitive space, they sell
security equipment, or, personal safety
28
:equipment, things along those lines.
29
:There's a lot of competition out there,
but there's also a lot of consideration
30
:that's given to the product, how
they can use it in their situation.
31
:whether it's for home or their office
or it's for them to carry around.
32
:there's more than just an impulse buy.
33
:People have a problem,
this is the solution.
34
:we know that the consideration
phase from time of first contact
35
:to time of sale is about 23 days.
36
:when we set these accounts up,
we do expect to get sales, but
37
:we don't expect to see full
efficiency of the system until.
38
:We've got to that 23 to 30 day mark
because that's when we know that first
39
:batch of people that are becoming aware
of us at Top of Funnel are working way
40
:that at working through that average
time it takes to make the decision.
41
:So no point showing you a fresh setup.
42
:No fresh setups, but you're
going to be like, that's nice.
43
:But what you want to see is results.
44
:Yeah.
45
:And you want to have a look at something
that, you have been running consistently
46
:so that you can see consistent results.
47
:I suppose at the end of the day,
that's what this is designed for.
48
:It's designed take out a lot
of the peaks and troughs and it
49
:just creates consistent flow.
50
:and over time this system has been,
refined to try and take away those
51
:peaks and troughs like being a brand
owner myself, Gearbunch has been
52
:around since 2016, and it's seen a
global financial crisis, it's seen
53
:COVID, it's seen increased competition,
there's so much that goes on, aside
54
:from the actual user that's sitting
on the other side of their device or
55
:computer making a decision to buy.
56
:What ideally what we all crave as brand
owners, as business owners is consistency.
57
:So this system is set up to
provide consistency, there is
58
:still peaks and troughs in business.
59
:Like anything, it could be seasonal.
60
:it can be a variety of reasons, but at
the end of the day, if we can reduce the
61
:difference between the highs and the lows.
62
:So that we get more consistent
performance and we just bounce
63
:around in here instead of this.
64
:Oh my God, this is the
best feeling ever too.
65
:I don't think that I can run my
brand anymore and I need to go and
66
:get a job, working for someone else.
67
:If we can bounce around in this
midline here and know that we've got a
68
:predictable system that is consistent,
that's ideally where we want to be.
69
:Gotcha.
70
:let's go.
71
:So this one's in February.
72
:I'm just showing you February because
in April, I can show you April as well
73
:to show you that it hasn't fallen off a
cliff, but they upgraded their website
74
:and it did lead to tracking issues.
75
:the end of February was when they
decided to change their, website over
76
:there on, Magento and they upgraded
from one version to another and it
77
:broke the plug in that was connected.
78
:The plug in hadn't been updated
from Magento to something
79
:technical, but basically we were
losing a lot of their metrics.
80
:prove a point that the system still works.
81
:It's just we did see a
drop off in reporting.
82
:so overall during the month of
February, which is one of their
83
:quieter months, 11, 700 spent.
84
:And I'll break down
how this comes through.
85
:Top line cost per purchase is 63, the
average order value is up close to 250.
86
:So we've got a ROAS of about nearly 4.
87
:This one, this account, we like
to try and keep it about 4.
88
:It's extremely profitable.
89
:Breakeven sits at 2.
90
:25 for this account.
91
:So it's really, solid performance.
92
:If we can scale at 4.
93
:Which is what we want to do.
94
:it's perfect.
95
:So this client came to us and they
were very reluctant to use Meta ads.
96
:They're very successful on,
Google in terms of conversions.
97
:we started running their email marketing.
98
:We developed that trust and I just kept
reiterating to him that the system will
99
:work better if we can feed Google ads and
your Klaviyo account, your email marketing
100
:with This strategy, the most he'd ever
spent was, 100 a day on Facebook ads.
101
:And he just flat out said it doesn't work.
102
:And he's been in business for, I think
since about:
103
:And he said, it just doesn't work for us.
104
:I've had agencies try.
105
:I've tried myself.
106
:He's a smart dude.
107
:It just wasn't working for him.
108
:So he just written it off.
109
:So now we've got to a point where he's
allowing us to scale incrementally,
110
:provided we can keep within that range.
111
:And this is continuing to hold.
112
:at the ROAS of around four for him.
113
:we're only obviously seeing 80 percent
of the attributed revenue coming through
114
:here because of people that have opted
out of allowing tracking for Facebook.
115
:So confident that we're at the four.
116
:It's 3.
117
:92 there, but we're confident
that we're at the four and
118
:his global MER reflects that.
119
:So when you look at it here, what
you'll see is the structure that we've
120
:talked about in the other videos.
121
:So at our Top of Funnel, we're
going out to people who come onto
122
:the socials, they've got a problem,
they're not actively looking for
123
:a solution, but what we're doing
is we're introducing a solution to
124
:them, and the solution is this brand.
125
:In this case, it's personal
safety or security.
126
:This is not designed to
ever get conversions.
127
:And you can see that in the
month it had one conversion.
128
:I'll just do that there.
129
:That should be it.
130
:But you can see it's got one
conversion, not the intention of it.
131
:The intention of this is to
make people solution aware.
132
:And when we look at it in the month, we
reached 437, 000 people at a CPM of 1.
133
:32 US dollars.
134
:This accounts in extremely cheap to
get out there and to start creating
135
:those custom audiences that filters
them into here where we create another
136
:touch point, which is middle of funnel.
137
:So this is operating on the audiences.
138
:That we've talked about previously,
that we're creating from the Topper
139
:Funnel and from our email marketing.
140
:We do exclude the purchases.
141
:And what we're trying to do here
is build that brand awareness.
142
:we're not trying to get purchases here.
143
:We're trying to build the brand as the
solution to these people's problems.
144
:If we just stop there, it would be
effective of the 437, 000 impressions.
145
:We got there.
146
:If we look at 437, 000
impressions there of that.
147
:With audiences that are created
through this campaign in the middle
148
:of funnel, we're then reaching nearly
a quarter of a million people here
149
:with impressions at a CPM of 2.
150
:58.
151
:So again, really effective.
152
:Don't be stressed about frequency
here because within these,
153
:we're constantly rotating ads.
154
:And we've got five different
variations in there.
155
:Same at Top of Funnel, if we're
worried about, ad fatigue.
156
:We've got 10 in here, one of which is off.
157
:This is because this product's out
of stock, which is why it's off.
158
:But fundamentally, there is a lot of
variety going into, the feed for users.
159
:So the frequency, not concerned about it.
160
:Now, if we did stop here, like I said,
we're going to be generating leads.
161
:We're going to be putting them
in our email marketing, email
162
:marketing campaigns, email
marketing flows, sequences, whatever
163
:you want to refer to them as.
164
:We're also boosting the amount of
people that are going to come looking
165
:for you with that higher intent on
Google trying to solve their problems.
166
:I've seen this brand has
a solution to my problem.
167
:We see an increase in brand search.
168
:We also see an increase
in the goes on in there.
169
:Because we're making them very aware here.
170
:They're coming onto the socials and
you can see how many impressions
171
:we're getting in a month here.
172
:It's like a giant billboard on the
socials, but it's very targeted.
173
:So it's not being wasted here.
174
:we're targeted with interests.
175
:Then here we're only hitting people based
on their actions in this campaign here.
176
:What we then do is we then
start to break it out.
177
:Now, this is where we
start to see the results.
178
:Now, the reason we had to change
our bottom of funnel retargeting
179
:here for a different one is because,
we had an issue with the catalog.
180
:It meant we had to restart it, which
is why you can see there's two, one's
181
:got V2 next to it's a version two
frustrating, but things happen online.
182
:So we had to rebuild out a
new campaign there for them.
183
:what we've got is our middle of
funnel, which is the same audiences
184
:that are here in the brand awareness.
185
:We're now going to, and we're
saying, Hey, with different copy,
186
:with different ads, you can see
we're going a bit product specific.
187
:We've got five live ads in there,
but you can see over the course of.
188
:The lifetime of this with the way
that we go in and we audit daily
189
:based on performance, turn ads on,
turn ads off, only six ads live in
190
:there, but 42 have been produced
during the month of February.
191
:Those ads are now off if we go amount
spent and we're looking at those ads.
192
:Unfortunately, the most successful
ad we had was this one here.
193
:We had a ROAS of 6.
194
:73.
195
:We sold them out of it, which is
that one that I showed in that Top of
196
:Funnel that said, do not use, don't
turn it on because it's out of stock.
197
:again, good problems.
198
:But those middle of funnel, they're going
from seeing brand awareness style to
199
:then, if they're still in those segments,
those audiences, we then hit them here.
200
:116 purchases at Arasa 4.
201
:38.
202
:We also then do reach out,
using Advantage Plus audiences,
203
:which is this scale one here.
204
:It's performing well.
205
:It doesn't get the, as much a higher
average order value as the others.
206
:But it still does perform
exceptionally well.
207
:It's still well over the four
row ass where we need it to be.
208
:This one here, we make sure in our,
business manager account, we import
209
:into their past purchases because
advantage plus has an ability.
210
:Same as P max in Google.
211
:If we give it good data and we say,
Hey, these are the past purchases,
212
:the past customers for this brand.
213
:Can you go out and try and find it?
214
:So yes, technically when you
look at it from an ad set level.
215
:The audience is wide open and we're
going let's say to the algorithm
216
:go find people But we're also still
in the back end guiding it And
217
:putting in our custom audiences and
uploading our audiences of purchases.
218
:So that comes from the website, it
comes from the pixel on Facebook,
219
:the reporting of the Pixel,
and it also comes from Klaviyo.
220
:So there's three main sources there.
221
:Yes, there's overlap in there.
222
:We want that.
223
:We're just trying to hit everyone
that we can, and this is a lifetime.
224
:Of clients, so the pixel gives us
180 days, Clavio gives us all and the
225
:website gives us everything as well.
226
:So we've got there,
he's into his 9th year.
227
:We've got 9 years worth of customer
data in there and you can see it
228
:works effectively like really well.
229
:and these are operating the CPMs they're
really reasonable CPMs considering we're
230
:going for purchase conversions, the
retargeting, this is where we're just
231
:hitting people that have added to the
car, but not purchased in the last
232
:30 days, converts well, unfortunately
it was performing better here, but
233
:now new ad, new learning, we had to
start again that's the entire system.
234
:We didn't add in another
advantage plus scale.
235
:So this one is a catalog.
236
:So when we start to see
performance working here.
237
:We're at advantage plus where the
algorithm is really picking up where we
238
:want our purchases and we can see that
cost per purchase is 54 rather than 4.
239
:14.
240
:This is for individual products
and product specific ads.
241
:This one, we grab the catalog and we
go out cold with them and we try and
242
:find, we say to the algo, go and find
customers like the ones we've uploaded in
243
:business manager for you to know about.
244
:And we try it just at a catalog level.
245
:Now this works really well, especially
for brands that have a lot of.
246
:excuse in their match.
247
:If you've got two or three,
it's not very effective.
248
:if this client or with my own brand,
they've got thousands, excuse.
249
:I've got thousands of excuse.
250
:They've got hundreds.
251
:and it stays a bit dynamic in terms
of some things are out of stock.
252
:Some things are very seasonal.
253
:Sometimes they've got
new products coming in.
254
:Sometimes they just discontinue a product
line keeps it really fresh and puts a
255
:relevant product in front of those people.
256
:Okay.
257
:So we started seeing, that scale with
the catalog starting to come through.
258
:We did see a bit of drop off here.
259
:And this is why this is what I spoke
about is we started to see some drop
260
:off in the amount of add to carts.
261
:that were coming through and the amount
of reporting that was coming through for,
262
:view content and things along those lines.
263
:only just resolved this problem,
which is involved a bit of
264
:coding in there in the back end.
265
:going back to where we
last had the cleanest.
266
:Set a data, 3.
267
:92 ROAS at a CPI of 65 in
January, which is traditionally
268
:fairly quiet for this brand 3.
269
:45 at a ROAS of 69.
270
:I think we started in
November with this brand.
271
:So December 4.
272
:3 ROAS, with a CPI of 64.
273
:So we're staying in and around
there and this is that consistency
274
:that we're talking about.
275
:48 ROAS with a CPA 64.
276
:So we're getting that consistency for
them, which is where we want to be.
277
:so that's where we're at.
278
:this is a real life example of
an account that's performing
279
:well, it's behaving as expected.
280
:And especially considering
he's never been able to get it
281
:profitable at all on Facebook.
282
:before we took over the most
that he'd ever spent on, Facebook
283
:ads was maybe 3, 000 in a month.
284
:And he wasn't profitable
doing that at all.
285
:Yep.
286
:whereas now where he's given us 400 a day.
287
:Which takes us to that 12, 000, which
is where we're at, given it's other
288
:met other benchmarks, he'll increase
the spend provided we can show history
289
:that we're staying at that of a speed
bump or roadblock with the reporting
290
:last month with that, drop off.
291
:of the reporting when they
upgraded their website.
292
:But you know that this is life.
293
:That's what's happened.
294
:But then we sit down and we
look at the global Emmy are also
295
:not coming through reporting.
296
:We haven't seen any change in that
global and we are between all of his ad
297
:spend and what the return is overall.
298
:So this is the way the system works and
you can see the amount of reach that
299
:we're getting, the average CPMs, the
frequency that we're hitting people
300
:across the board, across the account.
301
:It's all going the right way.
302
:And for that, 400 a day, we're getting 1.
303
:3 million impressions a month for
him, you're also doing Clavio for
304
:the same brand too, aren't you?
305
:Correct.
306
:And so how long have you
been running this client for?
307
:with the email marketing,
probably the beginning of last
308
:year, maybe a fraction longer.
309
:Oh, wow.
310
:Okay.
311
:Yeah.
312
:Okay.
313
:So 14 months, 15 months.
314
:Yeah.
315
:And that's what I was saying is that
I would, quite often talk to him about
316
:his, how his Google ads are going,
which you've helped out with greatly,
317
:how his Facebook ads are going.
318
:And he'd always just dismiss Facebook and
say, they just don't work for my brand.
319
:Yep.
320
:That worked.
321
:They don't work.
322
:And.
323
:We got to a point, around
October, November last year,
324
:and he said, I want to scale.
325
:And I'm like, I can't
scale your email marketing.
326
:I can try and get conversion rates
higher, can try and convert people on your
327
:sign up forms more, but fundamentally.
328
:If the traffic's not on the
website, I can't control it because
329
:I'm not controlling the traffic.
330
:I said that the way that I know to be able
to help you scale is with Facebook ads.
331
:We went into the story of,
a hundred dollars a day was
332
:the most he'd ever spent.
333
:Doesn't work.
334
:Doesn't work.
335
:He's tried it several
times over the years.
336
:we'd built up enough trust with him and
a relationship with him that he said,
337
:Hey, all right, let's give it a go.
338
:Let's give it a go for November because
everyone goes crazy around November
339
:for black Friday, cyber Monday.
340
:I.
341
:If we're going to see if it's going to
work, he said, if at any stage it will be
342
:now, we gave it a go, he gave us a budget
of, I think it's about 200 a day to start
343
:with, and we've just slowly incrementally
gone up from there and performance is
344
:holding, I can't see any reason why we
won't be able to scale it further for him.
345
:Very good.
346
:so what would you say since the
implementation of the Clavio,
347
:email marketing and Facebook, what
do you think the bottom line has
348
:been for him on average, roughly,
increase month by month basis?
349
:He's seeing about a 20 percent increase
comparing year on which is fantastic.
350
:we're adding in effectively an extra
9, 000 in, ad spend to in the Facebook
351
:marketing, but it's also adding in.
352
:you can see there.
353
:Yeah.
354
:But you're also improved
his, email marketing as well.
355
:this is a universal truth that when
you are doing Facebook, it helps
356
:Google massively, especially if
you've got performance max campaigns,
357
:standard shopping brand improves.
358
:Yeah, you can't hit, it
just doesn't make sense.
359
:You can't hit.
360
:1.
361
:3 million impressions when
you're advertising well and you're
362
:delivering the right messages.
363
:Think that these people, no one's ever
going to buy from you or you're not
364
:going to see an uplift in performance.
365
:Yep.
366
:Done correctly.
367
:They've been nurtured through a funnel.
368
:They don't know that, when they come on
to the socials, they've been nurtured
369
:through this funnel, whether they decide
to click on a button here and purchase
370
:potentially 180 of them did in February.
371
:But there's also a greater percentage
that will go across to Google.
372
:And I do this as a shopper myself.
373
:I'll look on the socials.
374
:Then I'll go and I'll Google a
review about the brand to see whether
375
:they're, what their reputation is like.
376
:And then I'll go and probably grab the
product that I'm looking at from them.
377
:And I'll go and compare it
with competitors products.
378
:All this research that we do.
379
:And I do it all the time.
380
:I'll very rarely just say, and I'm
going to buy that unless it's an
381
:impulse buy, it has to be something
fun or exciting, or just a little
382
:impulse buy something pretty cheap
that I'll do that with these products.
383
:Average order value is
around 250 on an impulse buy.
384
:we know that people are going to
be going and Googling the reviews,
385
:they're going to be Googling other
competitors, they're going to be
386
:comparing your product to a competitors.
387
:And where do they go to do that?
388
:They go to Google.
389
:Of course.
390
:And also this brand, what this brand
lends it to self to is you, most
391
:of the time people have a problem.
392
:Yeah.
393
:And they're looking for a solution.
394
:Yeah.
395
:they have quite a strong intent.
396
:They're not just browsing through
and going, oh, that looks right.
397
:I might buy that.
398
:They're actually, my God, I've got a
small problem, or I've got a big problem.
399
:Yeah.
400
:I need a solution for this problem.
401
:Who can fix that for me?
402
:Yeah, and if people will do their homework
on saying, okay, that's that brand.
403
:who else is out there?
404
:Cause at the end of the day, most
people want to feel safe that they're
405
:making a solid purchase and they're
not getting ripped off they're
406
:trustworthy and they're reputable.
407
:Yeah.
408
:All those things.
409
:It's all about making sure that people
feel comfortable in that person.
410
:So they can do their research.
411
:Exactly.
412
:And that's where those
different intent levels that we
413
:acknowledge and also work with.
414
:So you don't go to social media to
solve a problem, but you do go to social
415
:media knowing what your problems are.
416
:Yes.
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:And then just by coincidence, some
smart marketers put a solution
418
:to that problem in front of them.
419
:What do I do when I go to Google?
420
:I have intent on looking to solve that
problem, but I already know because of
421
:the social advertising that there is a
solution and the solution is this brand.
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:I do other research while I'm there.
423
:Look at reviews, look at, competitors,
look at pricing, look at, products.
424
:Sure.
425
:I'm definitely going to do that, but
what am I doing every time I do that?
426
:I'm creating another touch point.
427
:Very good mate.
428
:Thanks very much again for your time.
429
:and we'll catch up soon.
430
:No worries.
431
:Thank you.