Realistically, how much money would i have to spend to find the right ad and run it to get enough traffic? (facebook ads)
Having an consistent stream of income is crucial for scaling and spending on ads, but I think its important to save up a cushion of money to tap into for ad spend first.
How much money in your opinion would be reasonable to save up to? $50 $500 $1500
Videos
so i'm trying to learn the backbone before i completely go all in, but I was wondering how much people think you need to spend on facebook ads before you find the audience you want to increase spend on heavily. I planned to do 5$ a day, teaching myself fb ads now but curious what people think.
Honestly for Facebook ads it’s sometimes smart to work in increments. Start off with tons of different ad sets at $5 a day and then cut off the ones that aren’t doing well (not getting a sale before the break even point) and keep the ones going that do work. The ones that work I would duplicate and then double the budget of the ad and wait to see if it works. If it still works double again and keep going. This builds a strong frame of working ads instead of going all out and spending money on $500 day ads.
$5 a day is not enough. You may get lucky, but you'll most likely fail horribly. I'm not sure of your budget, but please, if you plan on using your last dollar on FB Ads stop right now. FB Ads take time to perfect and if you're here asking this question, you'll need a deeper pocket. Focus on free marketing, take the time to learn FB Ads, don't end up losing money because you didn't take an extra month to research.
How much are you each spending on ads and how much in profit are you making?
I hired a FB marketing expert online to run my ads. She began today and will run 2 products in parallel spending total $26 per day. Don't know where she pulled this number from but its her recommend figure. She cost me $300 for the month to take care of the campaign. Both items are phone accessories. The videos cost me $5 & $20 (difference is uncanny) Another upvote or two and I can make a thread on the results if yous want ✌️
$40 currently, about $450 revenue, and 200ish profit, but depends on the products
First, how much should i spend to test a product? Then, how much products should i test at once ?
To get the best ads to setup you need to do some sort of A/B testing and remember the more you spend on ads the more audience it reach, but that does not guarantee sales yet if you're not having a well-functional and trustworthy website
Work on your website if you haven't done the following
SEO Website Performance Sale funnel Lead capture page Full Marketing strategy/plan
For more inquiries you can reach out to me
Thanks Psalmseen ✍️
There's no rule for that. It really depends on a budget you have.