May 31, 2016

The Ultimate Guide to X Ads for Startups and Small Businesses

by Digital Marketing Institute

You know Google AdWords like the back of your hand. You’re comfortable running and scaling any Facebook campaign. Once you’ve optimized for these two traffic sources, where else can you advertise your startup or small business?

X is the world’s third largest social network, with over 320 million active monthly users. It’s also one of the world’s most precise and effective digital ad platforms, with targeting options so exact they rival Facebook’s!

Until recently, few businesses have taken advantage of X advertising. With AdWords and Facebook pricing on the rise, adding X to your online advertising mix is a great way to take advantage of the platform’s comparatively cheap, highly targeted traffic.

Below, we’ll walk you through the process of creating your first X Ads campaign and share some interesting information about the platform, from its targeting options to how you can track conversions, engagements and other metrics to assess your campaign’s performance.

Before you start advertising

Like Facebook, X requires you to have an account before you can start running your own ad campaigns. Since you’re advertising for a business, register an account using your business or brand name.

Add a bio, profile photo and header image for your business. People that click on your business name from your ads will be redirected to your profile, so it’s important that you add a description of your business and your website URL, in case they decide to click through to your website.

Once you’ve created your X account, register for X Ads here. You’ll need to enter your location and time zone during the account creation process. Make sure you select the time zone you use with your analytics software, as you won’t be able to change it later.

Before you can create a live campaign, you also need to add a credit card to your account. Just like Google AdWords and Facebook Ads, X will bill you for traffic after it’s delivered it -- you don’t need to pay anything to sign up as an advertiser.

Creating your first X Ads campaign

All X advertising campaigns are built around a specific objective. You'll see your objective listed in your campaign's reporting as a measure of performance, so it's important to select one that matches your goals for the campaign.

Campaign objectives and billing

When you click "Create New Campaign" in X's interface, you'll be asked to choose from a variety of objectives:

Campaign objectives and billing | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

Each objective affects the way you’ll be billed. For example, if you select “Followers” as your campaign objective, you’ll pay X for each follower you gain as a result of your campaign.

Objectives also affect the way your ads appear and behave. For example, setting “Leads on X” as your campaign goal means your ads will have a call to action button that lets users opt in to your email list and share their contact information with you, all without leaving X.

We’ve selected “Website clicks or conversions” as the objective of our example campaign. This lets us bid a certain amount per click (and later, per conversion). Businesses aiming to generate leads or sales from X Ads will get the best results using this campaign objective.

If you’re not sure which objective is right for your campaign, you can click on it and X will show you a brief summary of how your campaign will perform:

Twitter - Campaign Summary | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

Once you’ve selected your objective, it’s time to start building your campaign.

Tracking conversions using Xs pixel

If you plan on tracking conversions from your campaign, you’ll need to install X’s tracking pixel on your website. It’s best to do this before you start your campaign, since you’ll then have all of your conversion data available in X’s ad interface.

To configure conversion tracking, click “Tools” and select “Conversion Tracking.”

Twitter Conversion Tracking | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

Click “Generate website tag for conversion tracking” to generate a code snippet to add to your landing page.

Twitter Conversion Code | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

X will automatically generate a tracking code for you to add to your website. Copy it and paste it in your HTML source code (or, if you’re using WordPress, using a plugin like Tracking Code Manager) before theHTML tag.

Twitter Tracking Code | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

Now that you’ve got conversion tracking out of the way, it’s time to go back to creating your first ad campaign.

Creating your campaign

On the next screen, enter a name for your campaign. You can also choose to publish your ads on the X Audience Platform - an expanded display network powered by X. For now, uncheck this box so that your ads only run on X.com and the X app.

Twitter Campaign | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

If you’ve set up a conversion tracking tag, X will display it here. If not, you’ll receive a short message like in the above image reminding you to setup conversion tracking for your campaign.

Choosing your audience

X has a huge amount of demographic data from its users, allowing you to target your ads to people based on their location, gender and other features. Select the location you’d like your campaign to target, the gender of your target audience and your campaign’s language.

For our example campaign, we’ve targeted females in the United States that speak English. As X has a very international user base, you can reach a huge audience in most countries.

Twitter Choosing your Audience | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

Scroll down and you can tighten your targeting using a variety of options. Each option has a big impact on your campaign’s performance. By targeting people based on who they follow or which keywords they use in their posts, you can reach the perfect audience for your business.

Twitter Audience Targeting | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

All of X’s targeting options can be used to create a profitable campaign. However, the two that are the most influential are keyword targeting and follower targeting.

Keyword targeting lets you target users based on the keywords they use in their posts. If your business sells mountain bikes and accessories, you can advertise to users who publish posts that contain keywords like “mountain biking.”

Follower targeting lets you target users based on who they follow on X. If you sell products related to yoga, like yoga mats and accessories, you can target users who follow popular yoga personalities and instructors.

You can also use X’s targeting features to exclude certain people from your audience. As of May 2016, X lets you exclude people based on their behavior and whether or not they have previously visited your website and purchased your product.

The right combination of keyword and follower targeting helps you reach people that are most likely to respond to your offer, all while excluding people that aren’t likely to turn into profitable leads.

Budgets and CPC/conversion bidding

Once you’ve set your targeting, X will ask you to set a budget for your campaign. Set your daily budget to an amount you’re comfortable spending on an ongoing basis. You can adjust this amount as your campaign starts to generate traffic based on its performance.

Twitter Budget | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

You’ll also need to specify your bidding options and (if you choose to bid manually) the amount you’re willing to pay for each link click.

Twitter Bid Options | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

X suggests a bid range. If you’re aiming to pay as little as possible for each click, start by bidding on the lower end of this range. If your campaign isn’t reaching its daily budget, you can increase your bid gradually until you start to receive more impressions.Cr

Once you’ve set your budget, you can create your ad creatives. X lets you choose from your existing posts, which you can promote using their ad platform, or to create a completely new post for your campaign.

To write your post, enter your ad copy into the text field:

Twitter Ad Copy | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

X will show a preview of your ad to the right side, which looks like this:

Twitter Ad Preview | The Ultimate Guide to Twitter Ads for Startups and Small Businesses

You can also choose to display a card. This adds a headline and image to your ad, helping it to stand out amongst other posts. It’s best to test ads with and without cards to see which stands out the most and achieves the highest clickthrough rate.

Once you’ve created your ad creative, click “Publish” to launch your campaign. We recommend creating several similar ads, each with different ad copy and images, to find out which gets the best response from your target audience.

Optimizing your campaign

You’ll be able to track your campaign’s performance using X’s advertiser interface. After your ads start to receive traffic, you can view KPIs such as cost per conversion to determine which are worth continuing to run, and which should be paused.

Pay attention to X’s cost per conversion metric and pause ads that cost more per lead or sale than you’re willing to pay. Once you’ve discovered your top-performing ad, make variations with slightly different images and ad copy to raise its conversion rate and lower its cost per lead.

It usually takes several weeks to optimize your X campaign for performance. Review your ads every few days and pause non-performers, all while creating variations of your best ads. As you get more data, you’ll discover which ads have the greatest impact on your target audience.

Could your business benefit from X Ads?

X’s ad platform doesn’t quite have the audience of Facebook Ads or the conversion rates of Google AdWords, but it’s still a worthy addition to any small business or startup’s advertising plan.

With the right combination of targeting and ad creatives, your business can generate profitable leads using X that can turn into loyal customer relationships, lucrative contracts and great opportunities.

Could your business benefit from X Ads? If you think you can find your target audience on X, put the steps iAbn the guide above into action and create your first X Ads campaign now!

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