CONCRETE SOLUTIONS

July Campaign Review

PERFORMANCE REVIEW

In July, we saw significant improvements in key metrics compared to June. Reach increased from 6,424 to 12,459 (+93.9%), and impressions rose from 13,880 to 30,801 (+122%), reflecting broader audience exposure. Clicks surged from 351 to 1,265 (+260.4%), indicating higher engagement. The CPC decreased from $0.77 to $0.49 (-36.4%), showcasing superior cost management, while the CPLC increased slightly from $1.30 to $1.51 (+16.2%), remaining well below industry averages. Frequency increased from 2.16 to 2.47, close to the industry average of 2.5, suggesting a balanced ad exposure. The CTR jumped from 2.53% to 4.11% (+62.5%), significantly outperforming both 13th Overtone and industry averages, highlighting the effectiveness of the ads. However, the CPL rose from $19.35 to $48.15 (+148.8%), indicating more competition for the target audience, suggesting the need for increased ad spend to continue generating leads efficiently.

FAQ

  • Reach refers to the total number of unique users who have seen your ad at least once. It measures the extent to which your ad has been exposed to potential customers. Reach is a key metric in assessing the overall visibility of your campaign and helps in understanding the size of the audience that your ad has reached during a specific time period.

  • Impressions refer to the total number of times your ad is displayed on users’ screens. Unlike reach, which counts unique users, impressions count every instance an ad is shown, including multiple views by the same user. This metric helps in understanding the frequency and the overall exposure of your campaign.

  • Clicks refer to the number of times users interact with your ad by clicking on it. This includes clicks on the ad’s call-to-action button, links to your website, videos, or any other interactive element within the ad. The “Clicks” metric helps measure the engagement and interest generated by the ad, indicating how effective it is at prompting users to take action and interact with the content.

  • CPL stands for Cost Per Lead. It refers to the amount of money spent on generating a single lead. A lead is typically defined as someone who has shown interest in your product or service by completing an action such as filling out a form. The CPL metric helps advertisers understand the cost-effectiveness of their campaigns in acquiring potential customers.

  • CPM stands for Cost Per Mille, which is the cost per thousand impressions. It refers to the amount of money an advertiser pays for one thousand views of their ad. This metric is used to measure the cost-effectiveness and reach of a campaign, indicating how much it costs to have the ad viewed one thousand times. Additionally, CPM can also measure the competitiveness of the market, as higher CPMs often indicate a more competitive advertising environment where more advertisers are bidding for the same audience.

  • CPC stands for Cost Per Click. It refers to the amount an advertiser pays each time a user clicks on their ad. This metric is used to measure the cost-efficiency of driving prospects into leads. It indicates how much it costs to get a single click, helping us assess the effectiveness of our ad campaigns in generating engagement and driving user actions.

  • CPLC stands for Cost Per Link Click. It refers to the amount an advertiser pays each time a user clicks on a link within the ad, in our case, filling out your form. CPLC is crucial for understanding lead generation efficiency because it measures the cost associated with encouraging users to take a significant action—clicking through to the form where they can potentially convert into leads.

  • Frequency refers to the average number of times each person sees your ad. Frequency is a critical metric for understanding how often your audience is being exposed to your ads. A higher frequency indicates that people are seeing your ad multiple times, which can be beneficial for reinforcing your message. However, too high a frequency can lead to ad fatigue, where users become tired of seeing the same ad repeatedly, potentially leading to decreased engagement and negative perceptions of your brand.

    Managing frequency effectively helps ensure that your ads are shown enough times to be memorable and persuasive without overwhelming your audience.

  • Click-Through Rate (CTR) measures the percentage of people who clicked on your ad after seeing it. CTR is a crucial metric because it indicates how effectively your ad is capturing the interest of your audience. A higher CTR means that a larger proportion of people who see your ad are interested enough to click on it, which suggests that your ad content, including the imagery, copy, and call-to-action, is engaging and relevant to your target audience.

    Monitoring and optimizing CTR can help improve the overall performance and efficiency of your ad campaigns, as it often correlates with better conversion rates and lower costs per action.

AUDIENCE METRICS

Higher is better.

INSIGHTS

Audience Metrics

Reach: Increased significantly from 4,965 in June to 16,352 in July (+229.3%). This substantial growth indicates that your ads reached a much larger audience in July, reflecting an expanded campaign visibility.

Impressions: Rose sharply from 12,119 in June to 39,237 in July (+223.8%). This suggests that not only did your ads reach more people, but those individuals saw your ads more frequently, leading to greater overall exposure.

Clicks: Increased from 370 in June to 877 in July (+137%). This substantial rise in engagement indicates that your ads resonated more effectively with the audience, prompting more interactions and a higher click-through rate.

It's important to note that Concrete Solutions signed on partway through July, which means the dramatic increase in reach, impressions, and clicks within a short period reflects the aggressive and effective targeting strategy implemented. The rapid scaling of campaign metrics underscores the successful adaptation and optimization of the ad campaigns to maximize audience engagement and reach.

COST EFFICIENCY

Lower is better

INSIGHTS

Cost Efficiency

CPL: Increased from $14.78 in June to $21.05 in July (+42.4%). Despite this rise, the CPL remains significantly below both the 13th Overtone average of $53.36 and the industry average of $66.02, indicating cost-effective lead acquisition. Given that Concrete Solutioins signed on partway through July, the increase in CPL is expected as the campaign optimizes. We recommend increasing ad spend to ensure continued lead flow, maybe by 10% - 20%.

CPM: Decreased from $21.95 in June to $19.31 in July (-12%). This reduction reflects improved cost management and targeting efficiency. The CPM remains below the 13th Overtone average of $30.53 and the industry average of $40, highlighting the cost-effectiveness of your campaigns. Maintaining a lower CPM indicates effective ad placement and audience targeting.

AD EFFICIENCY

Lower is better for CPC, CPLC, and Frequency. Higher is better for CTR.

INSIGHTS

AD Efficiency

CPC ($): Increased from $0.72 in June to $0.86 in July (+19.4%). Although there was an increase, the CPC remains significantly below both the 13th Overtone average of $1.42 and the industry average of $4.50, indicating strong cost management.

CPLC ($): Increased from $1.24 in June to $1.37 in July (+10.5%). This rise still keeps the CPLC well below the 13th Overtone average of $3.43 and the industry average of $4.00, reflecting cost-efficient link clicks.

Frequency: Decreased from 2.44 in June to 2.04 in July (-16.4%). This reduction is positive as it prevents ad fatigue, maintaining interest without overexposing the audience. It remains below the industry average of 2.50 and is close to the 13th Overtone average of 1.99.

CTR (%): Decreased from 3.05% in June to 2.24% in July (-26.6%). Despite the drop, the CTR is still above the industry average of 2.00% and slightly below the 13th Overtone average of 2.62%, suggesting effective engagement, though there is room for improvement.