11 Jan 2025

Facebook ads analysis: how is it done and why is it important?

Facebook
facebook ads analysis tips

Facebook ads are a powerful tool for reaching your target audience. But to be truly effective, you need to regularly analyze the results of your campaigns.

We have said many times that a successful strategy starts with goal setting and ends with analysis.

❌ Without proper analysis, we can't know if advertising is achieving its goals. We don't know how we can improve it to increase ROI. We don't know which of our ideas are successful and which are not.

You already understand the importance of detailed Facebook Ads analysis for any business. Without it , steady growth is impossible.

👉 In this article, we'll go over the steps and metrics that will help you analyze your Facebook Ads results like a pro.

What is this analysis of Facebook ads?

Why is it important to analyse Facebook ads?

What is this analysis of Facebook ads?

Analysing Facebook ads is the last step after planning and creating a campaign. Through it, we monitor the effectiveness of our advertising activities using pre-selected key metrics (KPIs or Key Performance Indicators). These give us information on whether our efforts are successful and whether we are spending our budget wisely.

💡 A d analytics plays a central rolein so-called performance marketing - a branch of digital marketing where data dictates decisions.

This allows specialists to change, adjust and optimise Facebook ads, relying on specific information rather than experimentation. In the long run, you're guaranteed to get better results this way instead of shooting in the dark and wondering why sales aren't coming in from your ads.

Why is it important to analyse Facebook ads?

📈 Analyzing advertising results is an essential part of any successful marketing strategy. It helps us understand:

  • Which ads work best for our target audience.
  • How to optimize the budget to achieve better results.
  • What return on investment (ROI) do we achieve.
  • Whether the ads are reaching the right people and achieving the desired conversions.
why it's important to analyse Facebook ads

Without analysis, we risk continuing to invest in campaigns that don't deliver results, while missing valuable opportunities for improvement. And let's face it - that's the surest way to lose your money by spending it on ineffective ads on Facebook or any other platform.

Key metrics in Facebook ads: what do they mean and why are they important?

As mentioned, there are a few key performance indicators (KPIs) to watch when analyzing Facebook ads. Each of them gives different information about the effectiveness of the campaigns.

  • Impressions: how many times the ad has been shown. This metric gives you an idea of the reach of the campaign, but not in terms of individual users, but how many times it has gone out in the newsfeed or other places.

  • Reach: the number of unique users who saw the ad. Reach is important for assessing how many different people have been reached.

  • Click-Through Rate (CTR): the percentage of users who click on an ad after seeing it. A high CTR indicates that the ad is relevant and captures the audience's attention.

  • Cost Per Click (CPC): the average price you pay for each click on your ad. The lower the CPC, the better the performance of the ad from a financial perspective.

  • Cost Per 1000 Impressions (CPM): the price you pay for 1000 impressions of your ad. A high CPM may mean that your campaign is not effectively targeted.

  • Conversions: the actions that users take after seeing the ad (e.g. purchase, register, add a product to cart, etc.).
Facebook ads analytics metrics

Choosing the right metrics (KPIs) for your campaign

One of the most important aspects of analyzing Facebook ads is choosing the right performance metrics (KPIs). These depend on the goals of your campaign. Each business may have different goals, so it's important to know which metrics matter most to you.

👉 If your goal is to increase sales, you should focus on conversions and ROAS (return on advertising investment). These metrics show how many sales you've generated and how much income you've earned relative to your investment.

👉 If your goal is to increase brand awareness, your key metrics will be reach and impressions. These show how many people saw the ad and how often.

👉 F or campaigns aimed at user engagement, CTR and engagement (likes, comments, shares) are the key metrics to track.

Facebook Ads Analytics Tools

The process of analyzing ad results is easy and enjoyable thanks to two key tools:

  • Meta Ads Manager: this is the primary tool you will use to manage and analyze your ad campaigns. Meta Ads Manager provides detailed reports on all the metrics we've covered above and allows you to view the data in real time. You can filter the data by time period, audience, and location.
  • Log in to your Meta Ads Manager.
  • Choose whether you want to see data at the campaign, ad set or ad level.
  • From the "View charts" button you can see a graphical representation of your ad's performance. It is located right at the title of your campaign by hovering your mouse over the top.
  • In the bar above the list of campaigns from the Columns button you can choose what metrics to see in the columns. The options are:

Performance - the performance of your ad and the clicks it generates - here you'll see metrics like reach and cost per result.

Engagement - focus on user engagement with your ad - this is where you'll see reactions, video views and more.

Delivery - how many people saw your ad and how often it was shown to them (Frequency).

Setup - the settings you have chosen for your campaign.

meta ads manager ad analysis

👉 In addition to these options, you can make your own choice of metrics to see based on what's important to you and your business goals.

  • Google Analytics: linking Facebook ads to Google Analytics gives you a broader picture of the behaviour of users who navigate to your site. This tool can show you how ads fit into the bigger picture of your online presence, such as whether users are finding you through Facebook ads or another channel, and what role they play in the customer journey from first visit to checkout.

Audience segmentation: how to analyse different target groups?

One of the strengths of Facebook ads is the ability to target audiences in detail. When analyzing results, it's important to look at how different audiences respond to the ad. This can be done by segmenting the data.

  • Demographic analysis: divide the audience by age, gender and location. You may find that advertising performs much better with certain groups, which will help you optimize future campaigns.
  • Interests and behaviour: Facebook allows you to target users based on interests and behaviour. You can analyse how different segments of users interact with your advertising and adapt your content accordingly.

Segmentation allows you to optimise your campaigns by focusing on the audiences that respond best.

How to evaluate the performance of different visual and textual elements

The effectiveness of advertising depends not only on who it reaches, but also on the creative itself. It is the content of the ad - images, video, text. That's what you need to watch out for:

  • A/B testing: run tests with different versions of the ad to see which version performs better. You can test different headlines, images, CTA (Call-to-Action) buttons or formats.
  • Ad formats: analyze how different formats - video, carousels, images - perform. Often video ads can have higher engagement, while images are faster to create but not as attractive.
  • Text and headlines: test different messages and headlines to see what your audience likes best.
analysis of facebook ads - identifying ineffective campaigns

How can you use analytics to identify and eliminate ineffective Facebook ads?

Not every ad will be successful. That's why it's important to be able to quickly identify the ones that aren't hitting their targets and stop or change them. Here's how to tell if an ad isn't effective:

  • High CPM but low CTR: If you're paying a lot for impressions, but people aren't clicking on your ad, it could mean your ad isn't relevant to your target audience.
  • Low Conversion Rate: if an ad drives a lot of traffic but few conversions (purchases, registrations), it may mean that the content or offer of the site is not meeting user expectations.
  • High Cost Per Conversion: If your ad is generating sales, but the price you're paying for them is unreasonably high, maybe the audience isn't being targeted properly or the offer isn't relevant.
  • Lack of engagement: if the ad gets few likes, comments or shares, it's likely that the content isn't engaging or relevant enough.

By quickly identifying these issues, you can stop ineffective campaigns and direct budget to better performing ads.

Facebook ads optimization analysis

How to improve ad performance based on analytics

Once you've done the analysis, the next step is to apply what you've learned to improve future campaigns.

  • Targeting optimization: change the target audience based on the data. If an ad performs better with a specific age group or in a specific region, shift resources to those segments.
  • Time optimization: analyze when your audience is most active and set your ads to show during those periods.
  • Improve content: based on the analytics of the creatives, focus on content that generates the most engagement and conversions.

Common mistakes when analyzing Facebook ads and how to avoid them

  • Focus on the wrong metrics: many marketers focus on metrics like likes or impressions without analyzing deeper metrics like conversions or ROAS.
  • Neglect long-term analysis: ad analysis should be an ongoing process. Don't just base your decisions on short-term results - it's important to monitor the long-term trend as well.
  • Neglect A/B testing: don't rely on one version of the ad - always test different versions to see which is most effective.
analysis of Facebook ads errors

How to monitor long-term results and make adjustments over time

The long-term success of an advertising strategy depends on constant analysis and adjustments. Monitor key metrics regularly and make adjustments when necessary. For example, if you notice a drop in conversions, it may be time to change the bid or creatives. This can happen at set intervals.

We encourage you to review your campaigns regularly - weekly or every few days - so you can make the necessary adjustments in real time.

Don't forget about the end-of-month analytics that will help you build a successful strategy for your future campaigns.

Analyzing the results of Facebook ads is a must for any successful marketing strategy.

By tracking the right metrics, you can optimize your ads and achieve better ROI.