Context:
I set up a landing page and facebook ads to test a new ecom product concept. Product is in the health and fitness space. It is something you could probably charge around $100-$150 for and I estimate it would be less than $50 for the unit costs.
Experiment overview:
The goal of the landing page was to get people to sign up to a mailing list to get updates on product development and show that they are interested in the product concept (in hindsight I probably needed to create more of a lead magnet for this). The rest of the landing page was about how it works and the pain points it was solving.
On the facebook ads side I was running a traffic campaign and tested 5 different ad variations with different angles. Ad targeting was broad as I haven't defined my target audience yet.
The results:
After spending $120 AUD (~$80 USD) this is the data I have.
Overall:
My question:
Even though I got no mailing list sign ups I think the facebook ad results are promising. Do you think this is accurate? Do you think that this is something I should invest more time and money into?
I set up a landing page and facebook ads to test a new ecom product concept. Product is in the health and fitness space. It is something you could probably charge around $100-$150 for and I estimate it would be less than $50 for the unit costs.
Experiment overview:
The goal of the landing page was to get people to sign up to a mailing list to get updates on product development and show that they are interested in the product concept (in hindsight I probably needed to create more of a lead magnet for this). The rest of the landing page was about how it works and the pain points it was solving.
On the facebook ads side I was running a traffic campaign and tested 5 different ad variations with different angles. Ad targeting was broad as I haven't defined my target audience yet.
The results:
After spending $120 AUD (~$80 USD) this is the data I have.
Overall:
- Reach = 5500 people
- Link clicks = 87
- Link CTR = 1.23%
- CPC = $0.92 USD
- 0 sign ups on the landing page
- Reach = 1304
- Link clicks = 27
- CTR = 1.73%
- CPC = $0.68 USD
- Reach = 2487
- Link clicks = 42
- CTR = 1.31%
- CPC = $0.98 USD
My question:
Even though I got no mailing list sign ups I think the facebook ad results are promising. Do you think this is accurate? Do you think that this is something I should invest more time and money into?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today