Common Media Terms Quiz

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Questions and Answers

What is the term that refers to the total number of actions people take involving ads?

  • Ad Frequency
  • Post Engagement (correct)
  • Landing Page Views
  • Link Clicks

Which metric estimates the number of people likely to remember seeing your ad within two days?

  • Ad Quality
  • Ad Recall Lift (correct)
  • Conversion Rate
  • Page Like

What defines the number of times an ad is shown to a single user over time?

  • Ad Frequency (correct)
  • Link Clicks
  • Impressions
  • ThruPlay

Which metric measures the revenue earned for every dollar spent on advertising?

<p>Return on Ad Spend (ROAS) (B)</p> Signup and view all the answers

What specifies the successful loading of a destination webpage after clicking on an ad link?

<p>Landing Page Views (B)</p> Signup and view all the answers

What percentage measurement indicates how many users completed a desired action after viewing an ad?

<p>Conversion Rate (C)</p> Signup and view all the answers

Which term refers to customer actions such as purchases or adding items to a shopping basket?

<p>Conversions (D)</p> Signup and view all the answers

What metric counts the number of times a video is played, excluding any replays?

<p>Video Plays (B)</p> Signup and view all the answers

What does Click-Through Rate (CTR) measure?

<p>The percentage of ad viewers who clicked the ad (A)</p> Signup and view all the answers

Which formula correctly represents Cost Per Click (CPC)?

<p>CPC = Spend ÷ Clicks (D)</p> Signup and view all the answers

What is the primary purpose of Frequency Capping in ad campaigns?

<p>To limit the number of times a user sees the same ad (B)</p> Signup and view all the answers

How is Cost Per Acquisition (CPA) calculated?

<p>CPA = Spend ÷ Conversions (A)</p> Signup and view all the answers

What distinguishes geotargeting from geofencing?

<p>Geotargeting hones in on specific consumer criteria, while geofencing creates an active location boundary (B)</p> Signup and view all the answers

Which of the following best describes Campaign Budget Optimization?

<p>It distributes a single central budget across multiple ad sets (B)</p> Signup and view all the answers

What does Cost Per View (CPV) measure in digital advertising?

<p>The average cost for each video view delivered by the ads (C)</p> Signup and view all the answers

What is the main goal of the Highest Conversion Value Bidding strategy?

<p>To maximize the total value of conversions for a given budget (D)</p> Signup and view all the answers

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Study Notes

Commonly Used Media Terms

  • Impressions: Total count of times ads are displayed on-screen.
  • Reach: Unique number of users who viewed the ads.
  • Clicks: Total number of clicks on the ads.
  • Link Clicks: Clicks directing users to specific destinations on or off Facebook.
  • Landing Page Views: Count when a user clicks an ad link and the destination page loads; tracked via a pixel on Meta.
  • Post Engagement: Total actions taken involving ads (likes, comments, shares, reactions).
  • Ad Frequency: Average times an ad is shown to an individual user; calculated as Impressions divided by Reach.

Ad Performance Metrics

  • Ad Recall Lift (People): Estimate of individuals who would remember seeing ads within two days.
  • Conversions: Completed actions by customers, such as purchases or adding items to a basket.
  • Return on Ad Spend (ROAS): Revenue generated per dollar spent on advertising.
  • Conversion Rate: Percentage of users achieving desired actions.
  • Page Likes: Total likes on the Facebook Page attributed to ads.
  • ThruPlay: Counts video completions for short videos; for longer videos, counts when at least 15 seconds are watched.
  • Video Plays: Total starts of video playback; counted for each impression and excludes replays.

Ad Quality and Performance Evaluation

  • Ad Quality: Indicates user experience with ads based on relevance, likelihood of interaction, and landing page experience; higher quality yields better performance.
  • Learning Phase: Initial period where ad performance is unstable as the delivery system gathers data.
  • Click-Through Rate (CTR): Percentage of viewers who clicked on an ad after seeing it.
  • View-Through Rate (VTR): Proportion of viewers who watched the full video ad compared to total impressions.

Cost Metrics

  • Cost Per 1,000 Impressions (CPM): Average cost for 1,000 impressions, calculated as Spend divided by Impressions multiplied by 1,000.
  • Cost Per 1,000 Reach (CPR): Average cost for 1,000 reached users.
  • Cost Per Engagement (CPE): Average cost per post engagement.
  • Cost Per Page Like (CPL): Average cost for each Page like gained through ads.
  • Cost Per View (CPV): Average cost for each video view from ads.
  • Cost Per Acquisition (CPA): Average cost for each conversion from the ads.
  • Cost Per Click (CPC): Average cost for each click driven by ads.
  • Cost Per Landing Page View (CPLPV): Average cost per landing page view resulting from ad clicks.
  • Cost Per Ad Recall Lift (CPAR): Average cost for each ad recall palm.

Campaign Management Strategies

  • Advantage Campaign Budget (ACB): Central budget management across ad sets for optimized overall results.
  • Ad Set Budget Optimization: Specific budget allocation for each ad set.
  • Highest Quantity Conversions: Strategy aimed at maximizing conversions irrespective of their value.
  • Highest Conversion Value Bidding: Focus on maximizing conversion value per budget spent; may involve higher bids for valuable conversions.
  • Frequency Capping: Limits the maximum number of ad exposures per unique user in a set timeframe.

Targeting Techniques

  • Geotargeting: Delivery of ads based on specific target criteria inside a defined geographic radius.
  • Geofencing: Creation of an active location boundary that triggers actions when users cross it, enhancing targeting precision.

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