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Guest post by Rich Nardo for the TuneCore BlogDepending on your personality type, digital advertising can seem like the simplest thing in the world or completely overwhelming. These days, the powers that be have made it incredibly easy to run ads across several areas of Facebook and Instagram simultaneously, and YouTube advertising is only a degree or two more complicated to set up. That being said, when you are allocating some of your already tight tour budget to advertising, do you just want to set something up and hope for the best? Or would you prefer to optimize the results you get for your dollars spent.If you chose the latter, this article will attempt to provide you with some basic knowledge that should put you on the right track. To get started, let’s answer some questions that are probably going through your head as you start to contemplate your approach. Where Are My Dollars Best Spent?In terms of general advertising, I prefer to put more money into YouTube. However, when talking specifically about tour marketing, Facebook and Instagram ads are going to be your best bet. YouTube ads are great for generating content views, but you can set up Facebook and Instagram ads to direct traffic to a “click through” link, such as your ticket presale link or a Facebook Event.Conveniently, you can set up both Instagram and Facebook ads in one campaign via the “Ad Manager” section under “Explore” on the left side of your homepage when you log into Facebook.- Targeting fans of your band and similar bands, or the venue you’re playing at.
- Creating a “Custom Audience” of your fans (though it may be too small if you’re presence isn’t big enough on social media).
- Use a “Lookalike Audience”. These create a potential ad pool of people with similar characteristics to your current following. These are super helpful if the audience is big enough to draw from. No matter which approach you take, make sure you’re geo-targeting to the general area you’re playing in to increase efficiency.
- A “Cost per Result” of under $1.00 (ideally between $.30 and $0.70, but the lower the better).
- The higher the number of Results, the better. Are you getting people to actually click through to your ticket link?
- A Frequency Close to “1” means that your ads are appearing in front of individuals roughly once. The higher that frequency rate goes up, the higher your “Cost per Result” will likely be and the lower your “click through rate”.
Rich Nardo is a freelance writer and editor, and is the VP of Public Relations and Creative at NGAGE.