Walkthrough Video
TL;DR
Here are key metrics to use:- Spend
- New Customer % (unique to Northbeam)
- ROAS (1-Day Window)
- Auction and softer funnel metrics (secondary but helpful)
- Avoid making decisions too early
- Rule of thumb: Wait until a campaign has 5-10x your Average Order Value (AOV) in Spend
- Example: If AOV is 400-800 in Spend
- After reaching this threshold, you will know that Northbeam data is accurate so you can start making optimization calls.
- Follow your normal scaling rules, but base your decisions on Northbeam’s directional insights, especially in the first 30 to 60 days.
- Remember to look at how your performance is pacing and to look at a longer period of time, so you know when to scale (add money) or when to bail (turn off a campaign).
- If your CTR is dropping over time (Eg., from 0.8% to 0.4%), head over to Creative Analytics to diagnose and improve on creative performance.