Drought
Regular Member
- Jul 9, 2013
- 415
- 293
Brands new to the site and just joined today. I have an existing Fix & Flip Real Estate Investment Business that sources the majority of its leads through Direct Mail and Cold Calling and I wanted to branch out into Facebook Ads due to increasing competition in the market.
I've read Cashvertising, How to Write a Good Advertisement, and David Ogilvy, but still feel like there's so much to learn every day. My main strength in business is Sales. I feel like as long as I get enough leads, I have no problem closing them through relentless followup and relationship building.
My goals are to generate at least 1 new lead a day. A lead in my business is a property owner who owns an ugly or abandoned property that they wish to sell quickly and conveniently.
My first Facebook Ad generated the following results:
- Budget: $50/day
- Results: 14 link clicks
- Reach: 1758
- Impressions: 2062
- Cost per Result: $1.19 per link click
- Amount Spent: $16.69
As you can see by the metrics of my first Facebook Ad ever, I really suck and need massive improvement on my targeting. Reading a lot of guides recently but nothing could adequately prepare me for the real world.
I feel like my website needs a lot of work as well since it's not converting anyone into even filling out a basic form.
Looking forward to making some friends here and learning the ropes of SEO and Lead Gen from scratch! Hope to get better quickly by keeping an open mind and never giving up until I succeed! Any tips or advice for better narrowing down a target audience would be highly appreciated!
I wouldn't say those results suck by any means. ~$1 clicks in the real estate industry, while not great, is definitely a good start.
I would need to know a bit more about your targeting (screenshots of your ad set and ad details would be helpful), but I would first recommend dropping your budget down to $10-$20/day. $50 is quite an aggressive start, and I generally follow the logic that if something isn't working on a small budget, throwing more money at it won't magically fix it.