Not sure if I am at the right thread to ask. It seems people are still doing quite well with e-com and dropshipping with facebook ads. But not for me. I haven't got a single conversion since I started (for more than a month).
What I have done is, I simply share a link of a product which redirects to my woocommerce site, write a long and catchy headlines, name the price, and boost post (Audience was chosen carefully)
I started with budget 3-4$/day now reduced to 1$/day, Got some clicks and landing pages views, tho.
I, later get some engagements for the FB post I run ad for, (~100 reaction, ~15 comments (all hidden), and 10 shares).