Yep Test.
Test min 25 diff ads per campaign, laziness kills on FB.
Ideal targetting is 300,000 people to 600,000 people, big enough niche to make some solid $, small enough to stay lucrative.
Split each variable into it's own campaign, so you can track every little part.
ALWAYS place a pixel. Tracking is your Secret sauce.
Use your own tracker to track also.
And the golden key.
Your goal is NOT to make money off the bat. Your goal is to figure out what your COST PER ACTION is. It could be $100 in the start.
That's ALRIGHT. Most people know their Click through Rates and their Conversion rates, but do not know this number.
Just run some educated guesses on what may work, and figure the number out.
Then you chip away, by testing and testing, and testing, to lower that.
Keep testing until it is well below your LIFETIME EARNINGS PER CUSTOMER, which is how much profit you will make on each customer over the lifetime.
Formula: LIFETIME EARNINGS PER CUSTOMER - COST PER ACTION = PROFIT
Once your CPA is significantly lower than your LEPC, you can scale HARD!
If you need any help, feel free to PM bro
Test min 25 diff ads per campaign, laziness kills on FB.
Ideal targetting is 300,000 people to 600,000 people, big enough niche to make some solid $, small enough to stay lucrative.
Split each variable into it's own campaign, so you can track every little part.
ALWAYS place a pixel. Tracking is your Secret sauce.
Use your own tracker to track also.
And the golden key.
Your goal is NOT to make money off the bat. Your goal is to figure out what your COST PER ACTION is. It could be $100 in the start.
That's ALRIGHT. Most people know their Click through Rates and their Conversion rates, but do not know this number.
Just run some educated guesses on what may work, and figure the number out.
Then you chip away, by testing and testing, and testing, to lower that.
Keep testing until it is well below your LIFETIME EARNINGS PER CUSTOMER, which is how much profit you will make on each customer over the lifetime.
Formula: LIFETIME EARNINGS PER CUSTOMER - COST PER ACTION = PROFIT
Once your CPA is significantly lower than your LEPC, you can scale HARD!
If you need any help, feel free to PM bro