Professional Documents
Culture Documents
Navigating Changes on
ODAX and Meta Advantage
27 APR IL 2022
01 Why this matters
02 Meta Advantage
Agenda
03 Outcome-Driven Ads Experience (ODAX)
02 Meta Advantage
Agenda
03 Outcome-Driven Ads Experience (ODAX)
02 Meta Advantage
Agenda
03 Outcome-Driven Ads Experience (ODAX)
Powers
Our suiteupofperformance
ad automation
to tools
help achieve
for marketers
more ambitious goals with less effort
EMPO WER
Advantage+ App Campaigns Automated App Ads Advantage Destination Destination Automation
Advantage+ Placements Automatic Placements Advantage Detailed Targeting Detailed targeting expansion
Advantage+ Creative for Catalog Dynamic Formats and Creative Advantage Campaign Budget Campaign Budget Optimization
01 02 03
01 OPTIMIZATION
Improving and
Lower cost per incremental
37% conversion among advertisers using
detailed targeting expansion2
sustaining results
Decrease in median CPA when using
17.3% lookalike expansion vs. using only
standard lookalike audiences
1. Based on historical results from brand and conversion lift studies conducted between
Oct. 1, 2020 – Sept. 30 2021
2. Based on 54,834 ad sets during Jul 17, 2021 - Aug 1, 2021 and Aug 25, 2021 - Sept 6,
2021, where the eligible ad sets had a conversion type of link clicks, landing page views,
or offsite conversions, had media liquidity enabled, and also had revenue balance
between control and test1
03 EF F ICIENCY
Of US media buyers and strategists
77% say machine learning-enabled tools
R AC H A EL CH UD O B A , MER KL E
Source: “4 Ways Machine Learning Can Make Media Buying More Strategic in 2020,”
Facebook IQ. February 26, 2020.
EMPO WER
Advantage+ App Campaigns Automated App Ads Advantage Destination Destination Automation
Advantage+ Placements Automatic Placements Advantage Detailed Targeting Detailed targeting expansion
Advantage+ Creative for Catalog Dynamic Formats and Creative Advantage Campaign Budget Campaign Budget Optimization
02 Meta Advantage
Agenda
03 Outcome-Driven Ads Experience (ODAX)
01 Simplified objectives
03 Additional guidance
Legacy Objectives and ODAX Objectives Mapping
10 objectives will converge into 6 under ODAX, focusing on marketing funnel outcome.
Traffic Traffic
Engagement Engagement
Messages
Lead Generation Leads
PREVIOUS FLOW:
1. Campaign Level
ODAX OVERVIEW
Brand Awareness
Reach Awareness
Awareness
Video Views Traffic
Traffic
Engagement
Conversions
Leads
Conversion Catalog Sales
Sales
App Installs
App Promotion
Awareness
Solutions
LEGACY/PRE-ODAX OBJECTIVES:
• Brand Awareness
• Reach
• Video Views
• Traffic
AWARENESS SOLUTIONS
Brand Awareness
B U S I N E S S O B J E C T I V E : Build brand awareness & familiarity within a broad audience
T O P L I N E B E S T P R A C T I C E S : Optimize for Ad Recall Lift. Use both video and static assets.
PREVIOUS FLOW:
1. Campaign Level
2. Ad Set Level
Reach
B U S I N E S S O B J E C T I V E : Drive maximum reach at the lowest cost
T O P L I N E B E S T P R A C T I C E S : Optimize for Reach. Use both video and static assets.
2. Ad Set Level
Only choose Impressions optimization if you want to prioritize frequency over reach.
AWARENESS SOLUTIONS
1. Campaign Level
2. Ad Set Level
2. Ad Set Level
2.1 Select optimization goal
Traffic
B U S I N E S S O B J E C T I V E : Send people to any destination, such as your website, app, etc.
T O P L I N E B E S T P R A C T I C E : Optimize for Landing Page Views over Link Clicks when possible.
2. Ad Set Level
2.1 Choose where to drive traffic
PREVIOUS FLOW:
1. Campaign Level 2. Ad Set Level
2.1 Choose where to drive traffic
Website Landing Page Views, Link Clicks, Daily Unique Reach, Impressions
1. Campaign Level
2. Ad Set Level
Messages (Engagement)
B U S I N E S S O B J E C T I V E : Build 1:1 conversations with potential customers
O D A X N O T E : Messages is available in both Engagement and Leads objectives
1. Campaign Level
Messages (Leads)
B U S I N E S S O B J E C T I V E : Drive leads directly via Messenger
O D A X N O T E : Messages is available in both Engagement and Leads objectives
2. Ad Set Level
2.1 Select ad type,
messaging apps and accounts
2. Ad Set Level
2.1 Select ‘Messenger’ as
1. Campaign Level conversion location
Lead Generation
B U S I N E S S O B J E C T I V E : Collect leads for your business and build a high-value audience
T O P L I N E B E S T P R A C T I C E : Obtain more leads by minimizing friction on the process
1. Campaign Level
2. Ad Set Level
2.1 Choose Lead method 2.2 Select optimization goal
based on your Lead Method
Conversion *Conversion or App Events
Optimization Goals
Location (Set-up required on website/app)
Engagement
B U S I N E S S O B J E C T I V E : Get more people to engage with the ad or page
N O T E : Recommended only for relevant engagement such as AR Filters or Event Ads
2. Ad Set Level
1. Campaign Level
On Your Ad > Post Engagement Post Engagement, Impressions, Daily Unique Reach
Conversions
B U S I N E S S O B J E C T I V E : Get people to take specific actions within a website or an app
T O P L I N E B E S T P R A C T I C E : Future-proof your signals by installing Conversions API
ODAX Conversion
Optimization Goals Conversion/App Events
Objective Location
AddToWishlist, Contact, CustomizeProduct,
Conversions, Landing Page Views,
Donate, FindLocation, PageView, Schedule,
Website Link Clicks, Impressions, Daily
2. Ad Set Level Unique Reach
Search, StartTrial, SubmitApplication,
Subscribe, ViewContent
2.1 Choose a Conversion event location
Engage- Achieve Level, Activate App, Add to Wishlist,
1. Campaign Level ment Complete Tutorial, Contact, Customize
Product, Donate, Find Location, In-App Ad
App Events, Link Clicks, Daily
App Click, In-App Ad Impression, Rate, Schedule,
Unique Reach
Search, Spent Credits, Start Trial, Submit
Application, Subscribe, Unlock Achievement,
View Content
Conversions (Engagement)
B U S I N E S S O B J E C T I V E : Get people to take specific actions within a website or an app
O D A X N O T E : Conversions is available under 3 ODAX Objectives (Engagement, Leads, Sales)
2. Ad Set Level
2.1 Choose a Conversion event location
1. Campaign Level
Conversions (Leads)
B U S I N E S S O B J E C T I V E : Get people to take specific actions within a website or an app
O D A X N O T E : Conversions is available under 3 ODAX Objectives (Engagement, Leads, Sales)
2. Ad Set Level
2.1 Choose Website or App
2. Ad Set Level
2.1 Choose a Conversion event location
1. Campaign Level
Conversions (Sales)
B U S I N E S S O B J E C T I V E : Get people to take specific actions within a website or an app
O D A X N O T E : Conversions is available under 3 ODAX Objectives (Engagement, Leads, Sales)
2. Ad Set Level
2.1 Choose a Conversion event location
1. Campaign Level
Catalog Sales
B U S I N E S S O B J E C T I V E : Get people to take specific actions using your own product catalog
2. Ad Set Level
2. Ad Set Level 2.1 Choose ‘Conversion events’
2.1 Choose ‘Conversion events’ as optimization goal
as optimization goal
1. Campaign Level
Note: Toggling
Collaborative Ads will
filter your objective
options to Traffic and
Sales
1. Campaign Level
2. Ad Set Level
2. Ad Set Level 2.1 Choose App to promote
2.1 Choose App to promote 2.2 Select optimization goal
based on campaign type
Automated App Ads App Installs, App Installs with App Events, App Events, Value
Reminder:
Take the ODAX Ads
Manager Interactive Tour
once available in your ad
account
01 Why this matters
02 Meta Advantage
Agenda
03 Outcome-Driven Ads Experience (ODAX)
Is Reach & Frequency (R&F) • No, R&F is not yet available. We will update the
buy type already available in microsite when we have timelines to share regarding
Will this impact new and • New campaigns will default to the new, simplified
model.
existing campaigns? • We will continue to support campaigns created using
legacy objectives through 2022. This includes
duplicating legacy campaigns and objectives.
META ADS MANAGER 2022 WEBINAR: ODAX FAQs
Manager Reporting?
In order to compare non-ODAX vs. ODAX campaigns in
Reporting, we are adding the following three filters in Ads
Manager:
1. Filter by product catalog id
2. Filter by having a product catalog
3. Filter by conversion location
01 Why this matters
02 Meta Advantage
Agenda
03 Outcome-Driven Ads Experience (ODAX)