5 Facebook Advertising Tools That Save Time and Improve Your ROI

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social media toolsDo you advertise on Facebook?

Looking for more efficient ways to manage your campaigns?

Facebook ad tools can make a world of difference in the amount of time, effort and money you spend on your ad campaigns.

In this article you’ll discover five Facebook advertising tools that save you time and boost your return on investment (ROI).

facebook advertising tools

Discover five Facebook advertising tools that save time and improv ROI.

1: Facebook Ads Manager App

Facebook has offered Ads Manager for mobile devices since 2014, but earlier this year they launched a stand-alone iOS Ads Manager app with some pretty necessary features for advertisers. Now you can track ad performance, edit existing ads, revise ad budgets and schedules, receive push notifications and create ads from the app.

facebook ads manager ios app placeit

The Facebook Ads Manager app enables you to manage ad campaigns on the go. Image: Placeit.

It was nice to be able to manage ads with the first iteration of the mobile manager, but the stand-alone app is more convenient and powerful. It’s designed for small- to medium-sized advertisers and allows you to create ads from your existing page posts or from images and photos on your device.

If you’re using Android, you’ll be happy to know a version will be released later this year.

#2: Facebook Ads Exclusion Targeting

Facebook continues to add more precise targeting options to their ad platform, making it possible to market to incredibly granular groups, right down to specific individuals.

Often though, it’s beneficial to exclude certain segments to get your ads in front of the right audience.

facebook exclusion audience

Exclude a certain audience from seeing your Facebook ad to improve your targeting.

Enter Facebook’s Exclusion Targeting, a tool launched to help you avoid targeting the same people twice. For example, you can exclude your existing customers from a promotion designed to generate new leads. Or target your website visitors (as a custom audience), but exclude those who’ve already converted.

Facebook promises that exclusion targeting can help you lower your cost per action or cost per click, reduce money spent on wasted clicks and reach people who are more likely to buy or convert. It works with regular Facebook ads, as well as the newer (and awesome) carousel ad format on both desktop and mobile.

See Facebook’s Help resource for instructions on setting up exclusion targeting.

#3: Qwaya

Sure, you can split test Facebook ads on your own, but if you’re attempting to glean useful insights from it on any scale, you’re going to want a tool to automate the process.

Qwaya is a paid tool with a ton of features including ad scheduling, performance-based rule setting, autorotation of ads and a campaign organizer. But one of its best features is its ability to automate split testing (A/B testing) for both creatives and audiences.

qwaya facebood ad split test feature

Qwaya lets you automate A/B testing for your Facebook Ads.

If you’re already using Facebook Power Editor, you know that the ability to split test audiences, as shown above, is sorely lacking. Qwaya also helps you determine which combinations of imagery, text and targeting make up the best-performing ads with its split testing feature.

#4: AdEspresso’s Facebook Ads Compass Report

AdEspresso’s Facebook Ads Compass is like a report card for your Facebook ads account. If you’re agency-side, don’t worry; it lets you choose which account and which campaigns you’d like to analyze so you don’t get a mass of information for all of your accounts together.

adespresso compass report

Facebook Ads Compass analyzes the performance of your Facebook ad campaigns and benchmarks them against others in your industry.

If you’re already using a tool to analyze your ads’ performance, the Compass report might seem redundant. But it’s a great starting place if you’re a small business and have been doing the bulk of your Facebook ads optimization based on manual analysis.

You have to factor in your time spent managing your Facebook campaigns into overall ROI, so a tool like this can help you save time and enhance performance (if you act on its recommendations!).

AdEspresso has analyzed over $290 million in Facebook ad spend to create industry benchmarks against which your campaigns are compared in the Compass report. It’s a great way to see how you stack up against other businesses in your industry.

#5: Hootsuite Ads

Hootsuite recently announced they were partnering with Facebook to offer you a way to automatically generate Facebook ads, based on your existing organic page posts.

hootsuite facebook post ad objectives

After you choose a goal for your ad, Hootsuite Ads will find your best-performing posts and promote them to help you achieve your goal.

Hootsuite Ads scans your Facebook page to find the best ads to promote, and then applies automated targeting and a bidding algorithm to launch them as ads (promoted posts).

Hootsuite says this product (which is currently in beta) will turn even an advertising rookie into a social ads expert, but I wouldn’t go that far. In general, it’s still a best practice to understand the basics and have a good grasp of what the software you’re using is doing and why, even if it’s automating some of the work for you.

With that said, you’re already putting time and effort into creating visuals and messaging for your page, so it may make sense to have your best material automatically converted into ads. Test it out and see if the ROI makes it work for you.

Over to You

Facebook ads, once almost universally dismissed as low intent and not nearly as valuable as Google AdWords, are now a massive market, to the tune of $3.3 billion in revenue in Q1 2015. New ad formats, with a greater emphasis on native/in-stream and super-precise targeting options, have made Facebook ads a valuable addition to any digital marketer’s arsenal.

With the Facebook advertising tools in this article, you can automate processes, perform A/B testing, target with more precision and generate awesome ad creative. Some are free, others are paid, but each one is worth checking out.

What do you think? Do you have a favorite tool for Facebook ads? Please share your thoughts in the comments below.

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These 15 Rockstar Entrepreneurs Built Lucrative Businesses on Social Media

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This post was originally published on Buffer

Have you heard this advice before: “Follow your passions!” “Do what you love!”?

And have you thought, what if my passions are my hobbies? Things that I could never be paid for?

For some, the advice to “do what you love” seems possible only if you have a passion for things like finance or accounting or coding. Well, I’ve been happy to find that it’s possible to follow your passions into a career, no matter what those passions may be. With social media, you now have a platform to do what you love–and to make a career out of it.

I found 15 amazing entrepreneurs who built their entire businesses and careers around social media, many earning $100,000 or more.

I’d love to share their stories with you — and how you can follow their lead to turn your passions into a career, through social media.

New career social media

How to Earn an Income Doing What You Love on Social Media

It sounds far-fetched, doesn’t it?

Posting photographs or tweets a few times each day to launch a lucrative career doing what you love.

And you might be wondering how these social media entrepreneurs make money. Because after all, a career requires an income.

I’ll get into the specific stories of 15 entrepreneurs below. First, I thought I’d share the many number of ways — the specific avenues and channels — that they use to make money on social media.

How to earn an income on social media

1. Sponsorships

Sponsorships are responsible for a lot of the money earned through social media, especially for those just starting off. Brittany Furlan, Caitlin Turner and Shaun McBride all started with sponsorships.

Sponsorships occur when brands pay to be associated with you. When a tourism board pays Instagrammer Lauren Bath to work with them and feature their location, they are sponsoring Lauren.

Podcasts are usually funded through sponsorships as well. The sponsor will pay to be featured on the podcast at some point during the episode.

2. Advertisements

Advertisements are another popular method of monetizing social media. YouTubers like Liz Meghan use ads to make a living through their social media accounts.

Advertisements differ from sponsorships in that there’s usually not a long term relationship with the entrepreneur.

3. Selling products

If you have a product based business like an eCommerce store, this is perfect for you.

Social media can be a great place to sell your products – or, at the least, build up a following and redirect those followers to your website to buy your products.

4. Affiliate marketing

Affiliate marketing allows you to work with brands to help them sell their products, earning you a commission each time somebody buys through your affiliate link.

Many social media channels allow affiliate links to be placed within a post, and when the follower clicks on the link and makes a purchase through it, the poster gets a portion of that sale.

5. Promoting services

If a service-based business is more up your alley, you don’t want to look past social media as a marketing channel.

From hair stylists who post their work on Instagram to coaches who use Facebook as a platform to engage with potential clients, there is a lot of opportunity on social media to promote your services.

6. Boosting your visibility as an artist

If you’re an artist, writer, or creative entrepreneur, social media can be an amazing tool to boost your visibility.

Artists like Us the Duo, Grace Ciao, and writer Jeff Goins all have used their social media channels as methods of boosting their visibility to book gigs and sell their art.

Why Social Media Works

Creating social media content every day. Scheduling it at the right times. Analyzing what followers respond to and what they ignore. The time it takes to manage a social media marketing strategy can be significant.

Here are two reasons why the time is well worth it, especially for those looking to build a new career.

1. Social Media Expands Your Reach by 1,000x

How many people visit your website each day?

200? 1,000?

Those aren’t bad numbers. And it may make sense for you to spend time on your own website rather than social media because your website is like your online home.

But think about it:

  • Instagram has 100 million active users
  • Twitter has over 135 million active users
  • YouTube sees over 1 billion active users each month

Even if only 0.1% of the people on those channels are interested in what you’re doing, you’ve still amplified your reach by over 1,000 times by using social media to spread your message and share your passion.

2. Social Media Establishes Your Expertise

The lifeblood of social media is content.

Even if you’re posting a 6-second video on Vine or a photo on Instagram, you’re posting content.

When you’re consistently posting content about a specific topic, you establish yourself as an expert.

Take, for example, two mathematicians who love numbers. Who establishes herself as an expert?

Mathematician A, who loves her work but avoids social media, or
Mathematician B, who teaches others how to do math on Youtube and has 200,000 followers?

They’re both experts, but Mathematician B has established herself as an expert. She has built an audience, and provides value to others by demonstrating her knowledge on social media.

15 Entrepreneurs Who Built New Careers Through Social Media

1. Brandon Stanton

The creator of Humans of New York

In 2010, after losing his job, Brandon Stanton began to take candid photographs of people on the streets of New York and post them to Facebook.

Self-taught, Brandon took photos that reflected his passion, and these photos quickly began to gain traction on Facebook.

Humans of New York now has over 12 million Facebook likes, and it has launched a speaking, photography, philanthropic and media career for Brandon.The revenue generated by HONY prints sold goes directly to charity, and Brandon makes a living from the royalties of books sales and new freelancing opportunities. He went into a bit more detail about the specifics in a Reddit AMA:

How are you able to pay for your daily needs? Does HONY support you financially?

I’ve said publicly that I don’t want to “cash out” or “monetize” HONY. I like to say it publicly because I want my audience to keep me on mission. HONY print sales have raised nearly $500,000 for charity in the past six months. I want to further monetize the site for non-profit ventures. I honestly want to “give” HONY to New York in some way.

Freelancing and book royalties are keeping me afloat now. I get money for collaborations, occasional magazine pieces, occasional speeches, etc. And I signed two book deals which pay the rent. Also, I live cheaply.

2. Jeff Goins

Author and Blogger behind Goins, Writer

Two years ago, Jeff Goins quit his day job to pursue his passion for writing full-time.

He now has built a tribe of over 100,000 people, and has just launched his fourth book, The Art of Work.

This is all made possible by social media.

Jeff began writing on his blog, Goinswriter.com, and continued to work in his day job. He then began to earn more on his blog doing what he loved part-time than he was in his full-time job.

My blog (which accounted for less than 10 hours per week) was now contributing more income than my full-time job (which took up at least 40 hours per week).

His first product — a $2.99 ebook — earned $1,500 in its first week, convincing Jeff that his hobby could be a business.

His blog gave him a platform to follow his passion and do what he loves.

3. Grace Ciao

Fashion Designer and Artist

Grace Ciao is the ultimate accidental social media entrepreneur.

Since she was a little girl, Grace has had a passion for fashion design, and one day, she noticed a flower a boy had given her was dying. So Grace created a fashion illustration out of the petals of the flower.

She took a photo of her illustration and posted it on Instagram, which quickly became popular.

Grace earns a living as a full-time illustrator, and has used her platform to book engagements for events.

4. Michael and Carissa Alvarado

Husband and Wife Singers, Us The Duo

Michael and Carissa Alvarado were making music before they began posting 6-second videos on Vine, but nothing has skyrocketed their careers more than Vine has.

The couple was already trying to gain more traction on Youtube when they decided to put snippets of their covers on Vine, which served them well.

They now have 4.6 million Vine followers, and signed a record deal with Republic Records in 2014, allowing them to follow their passion by getting their start on social media.

5. Rosanna Pansino

Nerd and Baker at Nerdy Nummies

If you’ve ever thought the only way to pursue your passion for baking is by opening a bakery or through feeding your family, think again.

Rosanna Pansino built a career on social media centered around her love of baking when she was egged on by friends (pun intended) to start a Youtube channel.

Rosanna’s Youtube Channel, Nerdy Nummies has over 3.6 million subscribers.

6. Justin Halpern

Comedian from Sh!t My Dad Says

Let me guess.

It seems as if every time you open Twitter, you’re instantly barraged with links to mediocre blog posts, pictures of people’s lattes and announcements of what the newest member of oversharers-anonymous is having for lunch that day.

You could never imagine Twitter as a platform to build a career, right?

Well, Justin Halpern did just that.

He took his comedy writing career to the next level by starting the popular Twitter account Sh!t My Dad Says, where he began to Tweet snippets of conversations with his father.

The Twitter account quickly gained traction and morphed into a television series and book.

7. Lain Ehmann

Scrapbooker and Blogger from Layout a Day

If you’ve ever felt as if your interests or hobbies were impossible to build a career from, you may be inspired by Lain Ehmann, who built her career from a blog about scrapbooking.

Yes, you read that right.

She’s built a six figure business around a niche that is traditionally a hobby niche, teaching others how to scrapbook and holding live online events through her blog.

The power of the internet allows us to connect with people who are interested in the things that we’re interested in, and if we can provide enough value to those people, Lain proves that lucrative careers can be built.

8. Shaun McBride

Artist and Snapchatter

Shaun McBride learned how to draw by looking at other artists’ drawings and trying his hand out at the craft.

After Snapchatting his drawing/photo mashups, he was featured on some popular websites, which boosted his career.

He now can make tens of thousands of dollars from one advertising deal with a brand through his Snapchat account, according to Forbes, and “several thousand dollars per image”.

9. Shawn Stevenson

Health Enthusiast of The Model Health Show

If text or images doesn’t interest you when it comes to building a career on social media, maybe audio does.

Shawn Stevenson runs the #1 health podcast on iTunes, the Model Health Show, allowing him to follow his passion for fitness and health through a different medium.

Instead of taking the traditional route of personal training, Shawn interviews guests on his podcast, creating content and giving listeners the tools to live healthy lives.

10. Lauren Bath

Traveller and Professional Instagrammer

Lauren Bath has arguably the best job in the world. Not only is she paid to Instagram, but she also gets paid to travel.

Lauren was the “first professional Instagrammer” of Australia, and quit her job as a chef to pursue her passions for photography and travel.

Lauren works with tourism boards and brands to provide exposure through her huge Instagram account to make a living.

While she doesn’t reveal her rates in interviews, she tells Successful Blogging that she works with brands such as Nikon and Tourism Boards to offer them sponsorships:

Well I can’t talk for others but for me I charge a base rate to travel away from home and that rate includes posting whatever images I like with all content available to the client.

11. Joey Korneman

Animator and Teacher from School of Motion

Joey Korneman is the founder of School of Motion, where he teaches his students through online courses to animate using the principles of motion design.

Most of Joey’s traffic comes from Vimeo, he says in a recent podcast interview.

He has 5,000 followers on Vimeo, which is high for that social media channel, and, as he tells Pat’s mastermind group, “Vimeo is very high-quality traffic for motion design”.

Joey makes a living teaching motion design by directing his Vimeo followers to his website, where he sells courses.

12. Mignon Fogarty

Grammarian and Podcaster at Grammar Girl

Passions come in all shapes and sizes, and Mignon Fogarty’s passion is unique.

Mignon has a passion for grammar, and works full time in the field by teaching grammar principles to her rabid fans of her Grammar Girl podcast.

Through social media, she has been able to build an amazing career around grammar, as she blogs as well.

13. Caitlin Turner

Yogi and Instagrammer GypsetGoddess

Caitlin’s passion for yoga has provided her with the unique opportunity to build an entire career from it – on Instagram.

Catlin’s Instagram account is still relatively new – about three years old – but she still has earned over 220,000 followers.

Caitlin told Yoganonymous that “Instagram has definitely been a huge career chance for me. It’s connected me professionally to different brands and people I wouldn’t have found before because I had no reason to. This is my career now.”

14. Brittany Furlan

Actress and Vine Comedian

Social media has helped people like Brittany Furlan launch comedic and acting careers in a way that was never possible before.

Brittany used Vine to launch her career in comedy and acting and now has 8.9 million followers on Vine.

Brittany told The Wrap that she makes a comfortable living through her Vines.

Those videos — which include a repertoire of outlandish characters (“Ghetto Dora De Explora”), quick-to-the-punchline sketches or pranks on the unsuspecting public — are worth between $7,000 and $20,000 to brands targeting Furlan’s massive audience.

She’s now gone on to partner with Seth Green to create a sketch show.

15. Liz Meghan

Youtuber and Makeup Artist

Liz Meghan had a passion for makeup, and she channeled that passion into Youtube.

With over 672,000 subscribers on her Youtube channel, Liz makes a living doing what she loves through makeup tutorials and sharing what she’s learned about makeup over the years.

Liz tells the Huffington Post that she makes a living off of her Youtube channel because Youtube pays her to put ads on her videos.

There’s no better time than now to do what you love

As these inspiring entrepreneurs demonstrate, by building a following online using social media, you can:

  • Get paid to do what you love
  • Establish yourself as an expert and
  • Grow a following around your passions.

There’s no excuse to not get out there, pick a social media channel, and start posting.

Have you found success in building a career or a following on social media? Are you inspired by others who have taken this route to follow their dreams? I’d love to hear more about what you’ve experienced and learned in the comments.

Sarah Peterson encourages people to never settle for careers they don’t love. Find your perfect lifestyle business idea with her free course so you can stop settling and start building your dream.