Oh my Gosh!! This is 💯 Spot on!!! I just recently gone through FB meta certification on the auction buying (quite tricky)... I understood some points Buh... I felt I needed an expert's explain, guess what happened Sidney? this video BLEW ME AWAY!!! Thanks alot for this❤️
As a beginner in fb ads, this video is so helpful. Thank you so much for making this valuable video and for the free calculator. I hope your channel will continues to grow.
That's a great comment. Thank you for sharing. Can you elaborate with numbers or more details what you mean by it works great for you? I want to provide coaching sessions with price range similar to yours. Our fields are totally different but it'll be interesting to use your experience as benchmark. Thank you.
Perfect! happy you've found that. Video is tailored a little more towards e-comm since this is who we work with most, but that's great for your industry!
@@VertexMarketingAgency Hey Sidney, ref the calculator, and if you have insufficient conversion data, are you suggesting that $83 should be a bare minimum for any daily and or new Facebook Ad campaign? Thanks 🙏
@@PlantbasedRunners That would be a great place to start, considering you have the budget for that. That's why i think it's important to have a customer base before you do Facebook ads so you're not spending every last dollar trying to make a sale. I dont recommend anywhere below 30$ per day for a conversion campaign for a product under $50-$75
Hi, what if it’s completely new product and you don’t have any sales yet? How much should you spend to see if the product has it’s market, what results to expect and when do you know that it’s not worth to continue? Thanks!
I recommend getting sales on your store before you use Facebook ads! Facebook ads should be the gas on the fire. But first, build a real brand, and then Facebook ads will be much more cost-effective, and efficient. Depending on the price of the product, I'd recommend 2x-3x the product price per day.
What are your thoughts on a product which has a lot of competitors selling the same product and thus the margin is lower due to competition? Ie what is your suggestion for low margin products
I think you need to ask yourself what makes your product or brand any different than the rest, and how can you show your audience that? If you want to stand out in competition, you need to be different (and not just offer a better price)
I am thinking you are asking with Which campain objective you need to run? If that is it, It depends on what are you doing? Dou you have a blog site, a youtube channel or Do you want to generate lead or purchases?
Hi Sidney, great video and great channel ! Absolutely valuable. Can you provide a paid strategy session/consultation if a company wants you to review their FB set up and comment/give advice on it? I'm far from the monthly marketing budget to work with your company but I will love to pay a certain amount to make sure I'm track for success and even eventually reach the level to work with you.. In any case, thank you for the valuable contents !
Hi Didi! Yes we do offer smaller packages for these types of things. The best way to get in touch would be to fill out this form: vertexmarketingagency.com/contact-us/
@@VertexMarketingAgency Great, thanks! Is it better to contact you before creating our video ad or after? I have an idea of my script but I haven’t created it yet..
Hi Sidney, from looking at the Budget Calculator of yours if my goal is to get 50 customers per month and it cost $70 to get one customer. However, when i choose purchase objective on for conversion, do i need to get 50 purchases in a week? Or if i don't have budget to get that 50 purchases per week, I can just do 50 monthly in a month? Is Facebook machine still effective if I get 50 monthly purchases rather then weekly? 2. Question i get a lot of add to cart, to convert those, should i do retargeting campaign for 7 days visitors only if I have $100 per day budget for TOFU. Or do i need to do retargeting for 30 days since I won't have enough data. Can you please advice? Thank you. Mitesh
I always recommend that a business actually get customers or clients BEFORE they start advertising on facebook ads. And for exactly that reason, testing ads and experimenting with fb can be costly if you have no customers.