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How much - Facebook Ads?

Discussion in 'Dropshipping & Wholesale Hookups' started by gpgpgp, Jul 17, 2016.

  1. gpgpgp

    gpgpgp Newbie

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    hey guys,

    Been thinking about giving this whole dropshipping thing a try, using Facebook Ads and Shopify. Question: how much are you guys spending, roughly, on Facebook Ads? obviously I want to keep the ad expenses as low as possible just starting out.

    The minimum FB ad spend is $1/day - do you think I could get away with just $1/day just starting out, if the ads are targeted properly and product is good? If not, what do you think is minimum necessary FB ad spend?

    thanks
     
  2. Lunaaa

    Lunaaa Elite Member

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    Spend 5-10 in the beginning
    Watch Franklin hatchets video on YouTube
    He did a whole series on this
    From finding a niche to fb ads
     
  3. 93chandu

    93chandu Power Member

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    I wouldn't recommend having at least 500$ when testing fb ads!! With dropshipping its all about finding the right product which sells!
     
  4. gpgpgp

    gpgpgp Newbie

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    Yes, thanks, I did watch his videos. But $5 seems pretty high - that can add up pretty quickly, and if no conversions, I'm taking a big risk. What about starting at $2 daily maximum? Have you had success with $5-10? Please share your numbers
     
  5. Lunaaa

    Lunaaa Elite Member

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    5$ is not allot. If it doesnt work you can always cut it.
     
  6. gpgpgp

    gpgpgp Newbie

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    So how long would you let the ad run at $5 before deciding it's working or not working ? A week? Month? Less?
     
  7. Lunaaa

    Lunaaa Elite Member

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    5 days
     
  8. victorsmith84

    victorsmith84 Registered Member

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    Try min 3-4 variant of ads(differ targeting, Ad copy, Graphics etc), Start with min $5 per ad per day and give 48 hours to FB ad system to optimize your ads. Optimized ads will give best performance. After 48 hours, remove non-performing ads. Then Scale down ads, try to lower budget to $2-3 per day for performing ads and watch.
     
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  9. gpgpgp

    gpgpgp Newbie

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    in Frank's article (http://www.onlinedimes.com/how-to-make-money-online-2016/) he also talks about "conversion fee"... is this in addition to the daily ad spend fee? So, if a conversion occurs, you're also paying FB an additional "conversion fee" ? Someone please clarify.
     
  10. ryandipranata

    ryandipranata Registered Member

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    Its depend ur budget