Businesses constantly seek ways to optimize their marketing efforts and ensure that every dollar spent yields measurable results. That’s where performance marketing comes in. 

What is performance marketing? 

According to Medium, “Performance marketing is a digital strategy where advertisers pay only when specific actions are completed. These actions can include clicks, leads, sales, or other measurable results.”

Other forms of marketing usually ask businesses to pay upfront without guaranteeing results; that is where performance marketing stands out. It’s no wonder performance marketing is quickly becoming the go-to approach for businesses looking to maximize efficiency and ROI in their campaigns.

How does performance marketing work?

For performance marketing to work efficiently, the interests of both advertisers and marketing partners need to be aligned. A successful performance marketing strategy involves the following:

• Set clear objectives: The advertisers need to have clear goals – Leads, sales, and how much they are willing to pay for specific actions.
• Pick your networks: With performance marketing, many different networks are available. But remember to be open to exploring new opportunities suggested by the advertisers. 
• Track actions: Performance marketing relies heavily on data analytics to track and measure how users interact with your campaign — where they drop off and what makes them convert. 
• Get started: Create launch plans, make engaging ads, keep track of optimizations to make them perform better, and finally pay for the outcomes. 

Who are the leading players in performance marketing? 

Retailers

This includes both B2C and B2B businesses that are looking to promote their products or services through partners or publishers. Big Commerce states, “49% of consumers depend on influencer (via publishers) recommendations to purchase.” So, retailers who work with performance marketing agencies drive huge sales. 

Publishers

Publishers come in many forms, such as blogs, apps, product reviews, and more. Essentially, these act as an extension of the brand and have much more freedom than the brand itself. Here at GeistM, our in-house content and creative team helps create content to inform and educate consumers about the brand. In addition, we host this content across our network of publishers, fostering greater trust with users by providing valuable information in a familiar and reliable environment. 

Tracking

Tracking platforms are essential for both retailers and publishers — they are a one-stop shop for information. Setting up tracking is the perfect way to keep track of leads, users, conversations, and overall campaign performance. 

If you don’t use a third-party tracking system, our analysts at GeistM have the expertise to set up performance tracking and make the right optimizations to maximize your ROI. 

What are the different KPIs?

Depending on your needed outcomes, there are a few different methods: 

• Cost per Click (CPC): Advertisers pay every time a consumer clicks on the ad. 
• Cost per Lead (CPL): When payment is made each time a user completes a form of signs up — popular for apps or monthly subscriptions
• Cost per Acquisition (CPA): Highly effective for e-commerce businesses looking to drive sales and only pay when consumers make a purchase.
• Cost per Mille (CPM): Mainly when advertisers pay for every 1,000 impressions of their ad. It’s mainly used for brand awareness campaigns.
• Life Time Value (LTV): This is not a payment metric but measures the lifetime relationship between the retailer and users.

What are the main types of performance marketing?

Performance marketing goes beyond ads; it focuses on various areas.

Sponsored Content 

Sponsored content is a form of content marketing where a dedicated article or video is featured on a website that regularly publishes content. Unlike traditional ads, sponsored content seamlessly blends with the surrounding editorial material, offering value to readers while subtly promoting a product or service. Users typically land on these articles through external ad links, and retailers pay for the content to be created, hence the term “sponsored content.”

At GeistM, we specialize in crafting high-quality sponsored content hosted on our trusted network of publishers. Our team creates engaging, informative content designed to educate consumers about products, helping them make well-informed purchasing decisions. By combining educational value with strategic promotion, we ensure that sponsored content resonates with readers while aligning with brand goals.

Affiliate Marketing

This is a type of digital marketing where businesses partner with individuals or companies (affiliates) to promote their products or services. They earn a commission for driving traffic or sales through their unique referral links, often through blogs, websites, or social media channels. 

Native Advertising

This form of advertising doesn’t look like a typical ad; it can be banners or display ads. They can be neutral and function on any site that they are placed on. They fit “natively” on the page and can be dynamically based on each user viewing the content. 

Several different native networks facilitate these kinds of ads. Here at GeistM, we are experts at advertising on native networks such as Outbrain and Taboola. We manage everything for our clients on these networks straight from Kick-Off, with daily reporting, constant communication, and detailed insights. 

Search Engine Marketing (SEM)

SEM is a strategy that promotes websites by increasing their visibility on search engine results pages (SERPs) through paid advertising. Advertisers bid on keywords relevant to their business and pay only when users click on their ads. At GeistM, we create result-oriented strategies tailored to our partners’ needs. We take the time to understand your business, perform our due diligence on competitors, and analyze all the data necessary to ensure we have everything we need to achieve your goals. Plus, since we use a third-party site (not the brand site), we have more freedom regarding brand promotion.   

Social Media Marketing 

We’ve all heard of social media marketing, which is when we use social networks like Facebook, Instagram, and TikTok to gain traffic and increase brand awareness. We know that advertising across more networks is better; you can’t just stick to one. We specifically write content that is catered to each network and succeed in optimizing campaigns for them. 

At GeistM, we maximize media spending and strategically collaborate with a diverse range of partners to secure lower rates, providing unparalleled opportunities for testing and optimization. This approach delivers real value by enabling more efficient experimentation and quicker scaling across platforms, helping brands accelerate growth while optimizing performance.

What are the benefits of performance marketing?

Performance marketing is the future of digital marketing, and here are a few of the benefits.

• Pay for results: As retailers, you only pay when you see results and not in the hopes of potentially getting a client after seeing an ad
• Trackable Performance: It’s completely measurable and transparent. Brands can now see the entire click-to-consume path of each buyer. 
• Targeted Audience Reach: With performance marketing, campaigns are typically hyper-targeted, allowing you to reach specific audiences based on demographics, behaviors, interests, and more. 
• Scalability: As you find winning campaigns and strategies, you can increase your spend in those areas to drive even more conversions.
• Real-Time Optimization: Because performance marketing relies heavily on data, you can monitor results in real time and make adjustments on the fly. This means you can continuously optimize your campaigns to improve performance and maximize ROI.

Why GeistM is the Performance Marketing Agency You Need

Since performance marketing is growing exponentially, there are lots of agencies that offer it. But here at GeistM, we are experts at it. Our in-house content team is designed to create content and graphics that attract users and create conversions. And let’s not forget about our growth team that continuously tracks performance and optimizes campaigns to ensure your brand succeeds. 

We are a team that’s always innovating and thinking outside the box regarding how we create content, the graphics we use, and the audiences we create — we understand the user journey and know what makes them convert.

Are you ready to get started with performance marketing? Contact GeistM today!

Written By: Nitanti Alur

Managing advertising campaigns efficiently is crucial for success. If you’re venturing into Meta Ads for the first time or working with an Agency partner like GeistM, understanding the role of Business Manager is essential.

Here’s an overview from our growth experts that answers some key questions about Business Manager and its integration with agency partners.

What is Business Manager, and Why Do I Need It for Meta Ads?

Business Manager is a tool provided by Meta that allows businesses to manage their advertising activities, pages, and assets in one place. It’s particularly useful for companies that are working with multiple ad accounts, pages, or partners.

Why You Need Business Manager

• 1. Centralized Control: It helps you organize your advertising efforts and control who has access to your assets.
• 2. Collaboration with Agencies: If you’re working with an agency like GeistM, Business Manager simplifies the process of granting them access to your ad accounts and assets. Or, you can set up additional ad accounts under your Business Manager that are specific for them.
• 3. Improved Security: You can manage permissions and roles, ensuring that only authorized users can access sensitive data.

What Are the Requirements to Set Up a Business Manager with an Agency Partner?

To set up a Business Manager account, you’ll need:

• 1. Log In to Business Manager: Go to your Business Manager account.
• 2. Business Settings: Click on “Business Settings” from the main menu.
• 3. People and Partners: Select “Partners” in the left-hand menu.
• 4. Add a Partner: Click on “Add” and enter your agency partner’s Business Manager ID or email address.
• 5. Assign Roles: Choose the level of access you want to grant (more on permissions below).

When partnering with an agency, it’s crucial to discuss and finalize the roles and permissions in advance to ensure smooth collaboration.

How Can I Add My Agency Partner to My Business Manager?

Adding an agency partner to your Business Manager involves a few straightforward steps:

• 1. Admin Access: Full control over the Business Manager, allowing them to manage everything. This is generally not recommended unless necessary.
• 2. Advertiser Access: Can create and manage ads, view performance metrics, and edit ad settings. This is a common choice for agencies. RECOMMENDED.
• 3. Analyst Access: Limited to viewing ad performance without the ability to make changes.

Carefully consider the level of access based on the responsibilities you want your agency partner to have.

What Is a Facebook Pixel and Why Is It Important for My Ads?

Facebook Pixel or Meta Pixel is a piece of code that you place on your website. It collects data on user interactions and helps you track the effectiveness of your ads. This is also known as client-side tracking.

Importance of Meta Pixel

• 1. Tracking Conversions: It allows you to measure the actions users take after clicking your ads.
• 2. Audience Targeting: You can create custom audiences based on visitors to your site, helping you retarget users effectively.
• 3. Optimization: The pixel helps optimize your ad campaigns for specific actions, such as purchases or sign-ups, improving overall ad performance.

What Is a Facebook Conversions API and Why Is It Important for My Ads?

Unlike the Facebook Pixel, which operates client-side (tracking events from a user’s browser), Conversions API or CAPI sends event data directly from your server to Facebook. This means that it can capture events even if the user’s browser blocks cookies or JavaScript. This is also known as server-side tracking.

CAPI allows businesses to send various types of event data, such as purchases, sign-ups, and page views. This can include details about the user (like email or phone number, if hashed) and the actions they took on your website.

Importance of CAPI

• 1. Enhanced Data Accuracy: By reducing reliance on client-side tracking, CAPI improves the accuracy of the data you collect. This is especially important as browser privacy settings become more restrictive.
• 2. Improved Ad Targeting: With more reliable data, businesses can create better-targeted ad campaigns, leading to improved ROI.
• 3. Greater Control Over Data: CAPI provides businesses with the flexibility to choose what data to send to Facebook, enabling more tailored tracking and measurement strategies.
• 4. Better Cross-Device Tracking: Since the Conversion API captures events from the server, it helps track user behavior across different devices, enhancing the understanding of customer journeys.

Which Pixel Should I be Using? Should My Agency Use A Different One?

At the end of the day, choosing between CAPI and the Meta Pixel depends on your business’s needs and goals. If you’re concerned about data privacy and cookie blocking, then the Conversion API is the better choice. The Pixel is a good tool if you’re starting with Facebook advertising.

However, you do not have to choose anymore. It is now best practice to utilize both CAPI and the Meta Pixel at the same time. This ensures that nothing falls through the cracks and you can  track as much data as possible.

You might be wondering if we use both the Meta Pixel and CAPI, wouldn’t we be collecting multiple of the same events? Yes, you will, however, since Meta is able to see the same event come in through both the browser and server, they will keep one event and discard the rest, a process called deduplication. 

This duplication process is important and why it’s consideredbest practice to share the same pixel with your agency and to NOT create a separate pixel for them. When creating a separate pixel tracking the same events, you will see duplicating results and not understand who is providing the most value.

How Can I Add My Agency Partner to Manage My Pixels?

To give your agency partner access to your Facebook Pixel, follow these steps:

• 1. Log In to Business Manager: Go to your Business Manager account.
• 2. Data Sources: Navigate to “Data Sources” and select “Pixels.”
• 3. Select Your Pixel: Choose the pixel you want to share with your agency.
• 4. Assign Partner: Click on “Add People” or “Add Partner” and enter your agency partner’s Business Manager ID.
• 5. Set Permissions: Determine the level of access they should have regarding your pixel.

By providing your agency partner with access to your Pixel, you ensure they can optimize your ad campaigns effectively.

Conclusion

Using Business Manager in conjunction with an agency partner can streamline your advertising efforts on Meta platforms. By understanding the setup process, roles, and tools like Facebook Pixel and CAPI, you can enhance your advertising strategy and drive better results. Whether you’re new to Meta Ads or looking to optimize your existing campaigns, Business Manager is an invaluable resource for managing your digital presence.

Or, you can simply contact GeistM, where our expertise goes beyond helping you understand your data. We specialize in optimizing campaigns to maximize ROI, ensuring your marketing efforts deliver the best possible results.

Written By: Marc DeMattie