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Is facebook cheating people out of their money?

Discussion in 'Making Money' started by xpack36, May 16, 2014.

  1. xpack36

    xpack36 Registered Member

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    Yesterday i ran a fb campaign and after more than 1 hour no imp and no clicks and i was targeting 84k people so i was just about to write fb and then i see i had 2 clicks over 1$ per click omg they could have updated it earlier like after first click. Now im very afraid because i made a new campaign in new niche and i target over 4 mil, but after 1 hour no imp no clicks or anything. I think when i see update all my money is gone?
     
  2. pitbully

    pitbully Regular Member

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    Facebook isn't going to intentionally rip off their advertisers. Advertisers are where FB makes the majority of their money. There's a lot more that goes into paid ads than just setting up a campaign and watching the cash roll in.
     
  3. hantoren

    hantoren Newbie

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    It's normal. But you know, there is a "spend limit" option that you should set.
     
  4. xpack36

    xpack36 Registered Member

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    yea i have done that, but its anoying that no matter what ads i run cpc or cpm its very high
     
  5. lord1027

    lord1027 Elite Member

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    Get someone to do it for you, it's not at easy at it sounds to manage campaigns.
     
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  6. CataM

    CataM Newbie

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    I have to agree. You should look into it more and make sure you are properly targeting your audience or your money will be wasted (but that's not FBs fault). It's also normal for clicks to not roll in right away. I've only ran pretty small budget campaigns on facebook, but results were satisfying. Particularly liked a post about how to build a hyper targeted fb audience list on godofseo's blog, but I can't post links yet cuz I'm a newbie here :)

    If some of the more senior members know what I'm talking about, maybe they can help out with that
     
  7. xpack36

    xpack36 Registered Member

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    That would be great when you have 15 posts. Damn i'm getting very frustrated at fb now. out of 4 million 1 reach and i paid $0.81 for that
     
  8. xpack36

    xpack36 Registered Member

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    I will keep to fiverr i think at least i got 2 orders when i was writing my message before
     
  9. Gogol

    Gogol Elite Member

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    I remember a thread of a new guy here who apparently knew heads and tails of fb campaigning. Can't really find it. Search for it. According to him, your click-through rate also has something to do with the cpc. Not really sure, but I think you will be in a better position if you follow that thread.
     
  10. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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  11. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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    It just simple logic you know, when we play adsense, we need low CTR, so we can get high price click, so we send bunch of traffic to our website that have adsense.

    If we play G.Adwords or FB Ads, as advertiser not publisher, we need high CTR so the click price will be cheap.
    That's mean we need good ads, image, headline, description, timing and specific targeted audience.
     
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  12. xpack36

    xpack36 Registered Member

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    Thanks guys but OMG now it says Not delivering daily budget spent, but i dont even get a freaking update OMG i will never ever spend money on fb ads again
     
  13. xpack36

    xpack36 Registered Member

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    OMG i will have a brain aneurysm soon they say my daily budget is spent but i see only freaking $0.85 spent
     
  14. CataM

    CataM Newbie

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    you must've accidentally set that amount as your max daily budget. The idea is that you set your daily budget as well as everything else regarding your campaign, then u can just let it run on its own for a bit. Facebook knows to stop when you've reached your daily budget and they notify you once the campaign is over. If it's just the daily budget that is spent, that doesn't mean the campaign is over - only that it won't run for the rest of the day. Takes some practice and learning, but facebook ads can be effective once you get the hang of it

    edit: there are plenty of tutorials and stuff you can find online. The key thing, as others have mentioned above, is to make sure you are properly targeting your audience; only send those ads to people who are likely going to be interested in them - this will give you better CTR and lower PPC costs
     
    Last edited: May 16, 2014
  15. xpack36

    xpack36 Registered Member

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    I set my daily budget as 5$ and so far i can only see $0.85 so i have no idea what is fb problem
     
  16. xpack36

    xpack36 Registered Member

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    well last night i stopped my campaign before it got out of hand, but i had only spent 2$ then why did fb say that my daily budget was spent hmm
     
  17. Paper-Boy

    Paper-Boy Elite Member

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    It could be the fact that your bid is way too low for your niche. Try increasing it.