Strike Social Case Study - Insurance and Financial Service - Facebook Conversion Campaign Strategy Delivered 28x ROAS

Campaign Management Case Study: Learn How Our Data-Driven Facebook Ad Conversion Strategy Delivered a 28x ROAS


Running Facebook ad campaigns for financial services requires more than creativity but precise execution and real-time campaign management. In this case study, Strike Social worked with a leading financial services provider and helped overcome several challenges. From the campaign setup, identifying top-performing campaigns across audience segments and keeping a close eye on Facebook Meta Pixel tracking to ensure accurate data collection were a few situations where Strike Social delivered the utmost service to maximize ad spending and eventually achieved a remarkable 28x return on ad spend (ROAS).

66%

More impressions than guaranteed

7,000+

Purchases via the Facebook campaign

$1.5M+

In revenue resulting in a 28x Facebook ROAS

The Importance of Vigilant Campaign Management

For any digital campaign, with media buyers becoming proficient in targeting audiences, vigilant campaign management is critical to success. Managing a large-scale Facebook ad campaign for a global brand, both awareness and conversion effort, came with inherent complexities, requiring close attention to detail and constant monitoring to maximize performance.

This level of vigilance was significant given the following key challenges:

Complex Ad Setup and Execution

The campaign involved nearly 60 distinct creatives, each targeted at different audience segments across retargeting (RT) and lookalike (LAL) campaigns. With such a high number of Facebook ads, managing the initial setup was time-intensive and prone to errors, potentially delaying the campaign launch or misaligning creative execution.

Identifying Top-Performing Ads

With various audience segments and creative formats in play, tracking which ads resonated with specific audiences became critical. Our proprietary tool has enabled our media buying experts to keep campaign pacing on track. Additionally, comparing the performance of creatives across different ad sets and campaigns required diligent, real-time analysis to ensure that the best-performing ads received the highest priority, and our technology and system allow us to stay on top of everything essential.

Pixel Monitoring and Conversion Tracking

Using Meta pixels was essential for tracking conversions and optimizing bidding strategies. Any malfunction or misconfiguration in pixel tracking could lead to inaccurate data reporting, making it difficult to gauge the campaign’s performance. Having a quick eye for 24/7 that ensures Facebook Meta pixel data is reliable and accurate at all times was vital to avoid wasted ad spend and misinformed decision-making.

Vigilant campaign management—through ongoing performance analysis, agile troubleshooting, and constant optimization—was essential to helping achieve 28x Facebook ads ROAS.

Data-Driven Campaign Precision and Agile Execution

To address these challenges effectively, Strike Social implemented solutions focused on streamlining processes, improving real-time monitoring, and making quick, data-informed decisions.

Here’s a quick overview of the team’s approach that helped improve ROAS on Facebook ads and drive the campaign’s success:

Specialized Ad Setup Team with Rapid Turnaround

Recognizing the complexity of managing 60 creatives across multiple ad sets, we deployed a dedicated team that could complete all configurations within 48 hours. This fast turnaround ensured our client’s Facebook advertising campaigns went live quickly, maintaining momentum and maximizing early-stage engagement.

Real-Time Pixel Monitoring and Troubleshooting

Our media buying experts continuously monitored Facebook Meta pixel performance to confirm that conversions, clicks, and other key metrics were accurately tracked. Our team took a proactive approach to identifying pixel issues, diagnosing any anomalies in the data, and fixing problems immediately. This ensured that no data was lost and that the campaign’s performance could be accurately measured at all times.

Agile Execution Through Vigilant Monitoring

Strike Social achieved agile execution by diligently monitoring campaign performance and swiftly implementing data-driven optimizations. Continuous tracking of conversion trends, cost-per-acquisition (CPA), and other crucial metrics enabled us to promptly detect inefficiencies, such as increasing CPAs or decreased engagement. This agile approach empowered us to fine-tune audience targeting, adjust bidding strategies, and optimize the campaign in real-time. Our constant monitoring ensured that high-performing ads were maximized while minimizing wasted ad spend, thus maintaining the campaign’s trajectory for maximum impact.

Through these strategies, we achieved the following results:

  • 66% more impressions than guaranteed
  • 2x more link clicks than expected
  • 66,000 leads generated and 7,000+ purchases through Facebook ads
  • A total of $1.5 million in revenue, translating into an impressive 28x ROAS

In this Facebook ad case study, vigilant monitoring and agile execution highlight how these procedures can drive exceptional outcomes for conversion campaigns. By staying on top of real-time campaign execution, making rapid optimizations, and leveraging a data-driven approach, Strike Social helped our global leader client in the insurance industry achieve a remarkable 28x Facebook ROAS and $1.5 million in revenue.

Whether you’re managing a complex campaign with multiple creatives or prioritizing Facebook ad pixel monitoring, Strike Social’s expertise can help you stay ahead. Our team delivers the precision, speed, and insight necessary to maximize your advertising spend.


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