How much - Facebook Ads?

gpgpgp

Newbie

Jul 11, 2016

28

4

• Jul 17, 2016

• #1

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

 

L

Lunaaa

Elite Member

Jan 18, 2016

2,417

1,433

• Jul 17, 2016

• #2

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

 

93chandu

Power Member

Apr 4, 2010

710

326

• Jul 17, 2016

• #3

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

 

gpgpgp

Newbie

Jul 11, 2016

28

4

• Jul 17, 2016
• Thread Starter Thread Starter

• #4

makistoj said:

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

Click to expand...

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

 

L

Lunaaa

Elite Member

Jan 18, 2016

2,417

1,433

• Jul 17, 2016

• #5

gpgpgp said:

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

Click to expand...

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

 

gpgpgp

Newbie

Jul 11, 2016

28

4

• Jul 17, 2016
• Thread Starter Thread Starter

• #6

makistoj said:

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

Click to expand...

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

 

L

Lunaaa

Elite Member

Jan 18, 2016

2,417

1,433

• Jul 17, 2016

• #7

gpgpgp said:

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

Click to expand...

5 days

 

V

victorsmith84

Registered Member

Jul 29, 2011

91

98

• Jul 17, 2016

• #8

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.

 

gpgpgp

Newbie

Jul 11, 2016

28

4

• Jul 17, 2016
• Thread Starter Thread Starter

• #9

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.

 

ryandipranata

Registered Member

Jul 26, 2014

78

8

• Jul 17, 2016

• #10

Its depend ur budget

 

oshan

Registered Member

Feb 26, 2019

81

10

• Nov 3, 2019

• #11

so i started a dropping store and i started posting facebook ads and all i my ads were fine a second ago and suddenly the all got disapproved saying "Ad Can't Run: Update Website URL(s)"