What a Serial Entrepreneur Learned From Spending Nearly $1M on Facebook Ads
Facebook AdvertisingWhat a Serial Entrepreneur Learned From Spending Nearly $1M on Facebook Ads
When it comes to Facebook ads, you might feel like you've won the lottery if your ads perform well.
However, you couldn't be further from the truth. In fact, I've spent more than $900K on Facebook ads in over 4 years.
Facebook ads are a complex and nuanced form of marketing.
Spending close to a million on ecommerce, real estate, festivals, mobile apps, and much more, I can say that I've learned a thing or two about running successful Facebook ads.
1. Keep a bigger audience.
When people start running Facebook ads, they often try to have the most laser-targeted audience and often end up aggregating around 100,000 people. This might seem like a big audience, but it really isn't.
What's more? By targeting "interests" people have, you have to remember that those are not set in stone.
For example, Facebook thinks I like hunting but I've never done it before. That's why it's important to target a larger audience of at least one million people at first and let Facebook find people who like what you're promoting.
2. Retarget with a large enough audience.
Don't start segmenting your retargeting at the beginning. For example, you could have segmented audiences of people who visited your website in the last 7 days, 14 days and 21 days, but you shouldn't just yet.
I suggest regrouping all your custom audiences at the beginning to make sure your audience...
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