Home
>
Blog
>
>
Insider Lessons on Running B2B Advertising on Facebook
Grey clock face icon | Minutes to read
1
minutes to read

Insider Lessons on Running B2B Advertising on Facebook

What we learned when we sat down with the Facebook Disruptors team.
Author
Keith Putnam-Delaney
Updated on
January 23, 2024
Published on
December 10, 2020

Table of Contents

We sat down with the Facebook Disruptors team, the internal team that focuses on high growth, venture-backed startups, to press them on how they can make Facebook effective for B2B advertising. They confirmed many of our hypotheses. Read on for our main takeaways.

1. Algorithms need a lot of data.

To allow Facebook to truly optimize a direct-response campaign, the Facebook team says you need to spend $50K/day for a week. Yikes!

The real truth is you need to get to 50 conversions per week per ad set, which requires a large audience and a big budget.

Ways Primer can help

2. You can get stuck in learning mode forever

Since very few B2B companies hit that threshold, most B2B advertisers are perpetually stuck in Facebook’s learning phase every day of every week of every campaign.

3. Direct Response is not the right objective for smaller B2B advertising audiences

Awareness/traffic is often the right campaign objective if you have an audience <10K. The campaign will get more reach as the estimated action rate is higher. (For how to create high performing small B2B audiences, check this out.)

Remember bid x estimated action rate is how the auction works.

Direct-Response action rates are 0.2% for B2B vs 1–4% for ecomm. An ecomm advertiser will almost always win out against you in a DR auction.

Primer lets you target your ICP everywhere
Reach audiences across Meta, Google, Linkedin, email, and phone
Try for free

4. For audiences <10K, don’t let Facebook optimize off of conversions

B2B advertisers should still track conversions from traffic/awareness campaigns, but not allow Facebook to use those conversions for optimization, otherwise you’ll constrain reach.

If you’re running traffic campaigns with small audiences it’s up to you to decipher what optimizations to make. Don’t count on the algorithm.

If your B2B advertising audience is big enough, by all means let Facebook’s algorithm do its work. Set up the correct conversion signal and watch the leads roll in.

5. Lookalikes

Lookalikes off of 400 super high quality leads will oftentimes outperform a lookalike built off of 5000 disparate/low quality people.

The model is looking for similarities between users and sometimes it is easier to find more similarities with a smaller, higher quality dataset.

Blue mail icon | Sign up for new Primer blogs
Sign Up for Our Newsletter
Sign up below to receive Primer's newsletter about B2B marketing and growth.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Reach your B2B buyers
across every channel

Try for free