Award-winning Case Study For Reliance Bank By Adspy - BigSpy

bigspy

Facebook is the world’s largest social media platform. 80% of brands choose to advertise on Facebook, which is full of business opportunities. Whether it’s individual users, small and medium enterprises like “Reliance Bank”, or large enterprises, they have established a Facebook page for advertising and promotion. “Reliance Bank” chose to advertise on Facebook and achieved success. Now, BigSpy do a case study and research on “Reliance Bank” through the method of adspy!

Reliance Bank Facebook ad Introduction by ad spy method

“Reliance Bank” introduction:Providing financial services and local community support in the central west for over 45 years!

“Reliance Bank” Facebook ads last run:2020-02-21 13:08:18

BigSpy is an adspy tool. BigSpy can capture ads from multiple social media such as Facebook, Instagram, Twitter, etc. It can spy ad information in 40 countries and store 160 million ad data. It is the world’s largest ad database.

BigSpy tracks and analyzes “Reliance Bank” ads data to help “Reliance Bank” find the best conversion ad creatives and ad copy. BigSpy makes the advertising world transparent, helps more businesses to increase sales conversions through adspy. 

Now BigSpy generates an ad report for “Reliance Bank”. In this report, we analyze in detail the best ad cases of “Reliance Bank”.

Reliance Bank Top3 Ads Case Study:

 1st2nd3rd
Advertisers Reliance Bank Reliance Bank Reliance Bank
Ad title Becoming a Member MyNews Feb 2019 Reliance Bank A Christmas Message From Your CEO
Ad text Hey students, did you know we offer a transaction fee exemption to full time students between 18 ... MyNews Feb 2019 is now available. Happy reading! https://online.flippingbook.com/view/319462/ For the season of joy and thanksgiving, we would like to express our gratitude to all our lovely ...
CTA type LEARN_MORE LEARN_MORE N/A
Ad format Image Image Video
Categories Financial Service Financial Service Financial Service
Duration 1 days 1 days 1 days
Like 9 4 5

Reliance Bank Facebook ad case study and analytics

1.Ad format case study:

The ad formats used by “Reliance Bank” top 3 ads are: Image,Image, and Video.

Ad format analytics and optimization suggestions:

The Facebook algorithm indicates that Facebook will show more video ads to users. So, to get more ad reach, consider video ads.

“Reliance Bank” likes to use Image ads as material. In fact, Facebook’s creatives determine the user’s first sense. “Reliance Bank” perform A / B testing on different creatives and use different creatives according to different audience types. In addition, you can also use BigSpy to spy the industry’s latest ads and competitors’ ads. BigSpy provides the material download function to help you solve your creative troubles.

2. Ad copy case study:

  1st 2nd 3rd
Ad title Becoming a Member MyNews Feb 2019 Reliance Bank A Christmas Message From Your CEO
Ad text  Hey students, did you know we offer a transaction fee exemption to full time students between 18 ...  MyNews Feb 2019 is now available. Happy reading! https://online.flippingbook.com/view/319462/  For the season of joy and thanksgiving, we would like to express our gratitude to all our lovely ...
Ad type  other  other  other
Ad word count 330  94  265

The text in the ad is an important part of the ad, and it is the key to let the ad users convert into actual customers. Among all the ads of “Reliance Bank”, the text type used is other to obtain the best ad performance. “Reliance Bank” can use this copy style more. On the other hand, “Reliance Bank” mainly conducts A / B testing on the copy, because the different lengths of the copy, the symbols used, and the subject of the copy all directly affect the CTR.

Ad copy analytics and optimization suggestions:

Different copywriting effects are different. The core of designing copywriting is to capture the user’s psychology and the selling point of the product and retain the user with clever language. In addition, BigSpy monitors user responses for different copywriting. Before designing an ad copy, “Reliance Bank” can learn competitors how to write a good ad copy.

3. Type of CTA case study:

The types of CTA used by “Reliance Bank” are:LEARN_MORE,LEARN_MORE,N/A.

Without the CTA button, the conversion cost per ad will increase by almost 2.5 times. Selecting the CTA button is better than not selecting it.
In the 1st ad, the use of “LEARN_MORE” help “Reliance Bank” gets a higher conversion.

CTA analytics and optimization recommendations:

Facebook ads must be tested in the final round of CTA when performing A / B testing. This detail may help you save a lot of budgets. In addition, BigSpy can filter competitors’ CTA types of Facebook ads through filtering, which can be used as a reference for the “Reliance Bank” test.

4. Ad schedule case study:

When doing Facebook ad marketing, “Reliance Bank” top 3 ads schedules are: 1 days,1 days, and 1 days.

Ad scheduling analytics and optimization suggestions:

Your ads are not valuable 24 hours a day, 7 days a week.

Check your Facebook ad report, you will find that the “Reliance Bank”‘s top 1 ad duration is 1 days. Every advertisement has a life cycle.
“Reliance Bank” should put ads in the best time period, so that ads get the most value in a limited time.

Related “Reliance Bank” ad case study report

If you want to check the best ad case study of other advertisers related to “Reliance Bank”, you can click the name below to view the related report.

Finally, the above is the ad spy and case study for “Reliance Bank”. The analytics and optimization of Facebook ads is a long-term accumulation process. In this report, the basic design of ads was learned through BigSpy. In real advertising marketing, marketers also need to have an in-depth analysis of products, grasp the audience’s psychology, learn about marketing, and make precise calculations of data.