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ASSESSMENT RECAP
Develop social media advertising strategy for a company, including the strategy overview, campaign structure, audience targeting, ad formats, mockups, and measurement plan, with a focus on using Facebook Ads.
Structure:
- Overview of social media advertising strategy for the company
- Ad Campaign settings
- Ad Set settings
- Ads (a total of 2 Ad Mock-ups for the same (1) Ad Set)
- Advertising campaign measurement & optimization
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KEYWORDS EXPLANATION
- SMART objectives - A specific, measurable, achievable, relevant, and time-bound marketing objective. It provides focus and direction for the campaign.
- Advertising campaign structure refers to the hierarchical organisation and components of an advertising strategy:
- Ad Placement - The social media platforms, formats, and positioning where the ads will be displayed to reach the target audience. This includes Instagram feed, Facebook stories, YouTube pre-roll etc. Placement impacts ad visibility, engagement rate, and conversion costs.
- Ad Sets - Groups of target audiences, often divided demographically or by interests. Ad sets allow testing messaging and creative variants.
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HINTS & TRICKS
- Introduction
Brief background on the company, industry, and marketing situation
Example:
Nike, founded in 1964, is a global sportswear leader with over 7,000 products and 170 countries. With over 1,000 stores and a strong online presence, it achieved sales of $44 billion in 2021. Its digital and social media strategies appeal to Gen Z and Millennials.
- Current Social Media Presence: Analyse the brand’s current social media presence. Look at platforms they are active on, the type of content they post, frequency of posts, engagement levels, etc.