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Creative Testing Campaigns May Be The Biggest Cost Center In Your Business

Creative Testing Campaigns May Be The Biggest Cost Center In Your Business

FromThe Andrew Faris Podcast


Creative Testing Campaigns May Be The Biggest Cost Center In Your Business

FromThe Andrew Faris Podcast

ratings:
Length:
35 minutes
Released:
Feb 20, 2024
Format:
Podcast episode

Description

"Test creative until you have statistically significant results, then scale the winners based on that."
That seems like good advice on first glance. How can you disagree with methodical testing that's attentive to good statistical principles?
Because it's almost impossible to actually do without burning huge amounts of money on Meta, for one, and for two, it's unnecessary anyway, since Meta's machine learning can use better methods of forecasting your creative's performance than frequentist-style stat sig tests.
Yes, this one is getting into the weeds. Hopefully it helps clarify more of why you absolutely positively should not run auto-bid creative testing campaigns on Meta.
EPISODE HIGHLIGHTS

[00:00:55] Creative testing strategies for meta ads.
[00:05:10] Frustrations with new creative.
[00:07:16] Creative testing campaigns on Meta.
[00:11:15] Auto bidding creative tests.
[00:14:25] Statistical significance in ad testing.
[00:17:48] Ad Performance Analysis.
[00:19:56] The pitfalls of ad testing.
[00:24:41] Creative performance and optimization.
[00:27:17] Meta's machine learning forecasting.
[00:30:51] Creative testing in advertising.
[00:33:19] Prediction at scale

EPISODE SPONSOR
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REFERENCED IN THIS EPISODE

"My Exact Creative Testing Method For Meta Ads" (Spotify, Apple)
My Twitter Conversation With Zach Stuck On This Topic: https://bit.ly/42JsbZ0

FOLLOW UP WITH ANDREW

Follow Andrew on Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@andrewjfaris⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
Email Andrew: podcast@ajfgrowth.com
Work with Andrew: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.ajfgrowth.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

EPISODE MUSIC

Music Intro: "⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tell Me Mama⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠" by The Devious Means
Music Outro: "⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Rusty Little Scissors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠" by The Devious Means
Released:
Feb 20, 2024
Format:
Podcast episode

Titles in the series (96)

Andrew Faris has been growing ecommerce brands since 2014 as everything from a media buyer to the head of strategy at Common Thread Collective to the CEO of 4x400, a DTC aggregator. Join him every week to learn the nuts & bolts of how to grow ecommerce brands, always shared with refreshing candor.