What Facebook Ad Budget Should You Start With In 2024
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- Опубліковано 6 вер 2024
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What Facebook Ad Budget Should You Start With In 2024
In this video I explain the optimal Facebook ad budget you should start with in 2024.
I cover various budget strategies to help you maximize your ad spend and achieve the best results for your business.
Learn how to allocate your budget effectively based on your goals and market conditions.
By the end of this video, you'll have a clear understanding of how to set your Facebook ad budget for success in the coming year.
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Hi Justin. How are you doing? I'm Victor and I've been watching and learning a lot from your UA-cam video. Your story is super inspiring and I had the idea of starting my Advertising agency but only acted on it recently. What advice would you give someone like me?
Appreciate you watching! Pick one thing and stick with it. Seriously, just keep at it for a while. Took me 2 years to see any significant traction with my own agency.
@@JustinLalonde Thank you for the golden advice. I really appreciate it
Amazing mate. Thanks! Let't see if we got it right:
Each Dynamic Creative would have to spend a minimum of 2 times your KPis before making a decision and also you recomend to leave the Dynamic Creatives Ads at least 3 days before making a decision. What I realize is, using CBO it happens a lot that all the budget usually goes to one Dynamic Creative(supposedly the winner) then the others would never reach the minimun of 2xKPis. How do you deal with that? Thanks again❤
Smart question! In this case - I'd leave the ad on a little longer, perhaps 7 days, see if it got any spend.. Possible scenarios:
1) If it's barely getting ad spend, and getting no or poor results, kill it.
2) If it's barely getting ad spend, but being profitable - Keep it on. (Will help with creative diversification)
@@JustinLalonde thanks mate. Have a good weekend!
Thanks for listening to our comments and making a video ❤
Any time! Thank YOU for watching!
Love to learn from you. You are amazing
Thank you so much for watching!
can you make a video about scaling when you have found winner, and how exactly you proceed there with flexible ads?
Noted as an idea!
dont scale to much like from 100 to 200.. but go to 120 and level it up each day for about 20% the current budget.. if you scale aggressive you can confuse algorithm
@@EclecticEuphoriaEE even at 20% a day it collapsed after 3-4 days for me and there were days when it got weaker and weaker until the ads were just really garbage
Hey Justin, thank you very much for your high-value content. I have a question and would like to understand your perspective about it.
I'm running a CBO campaign with a winning creative. However, in the last two weeks I launched 6 new DCT's (3 per week) with different concepts and were well studied before being launched. However, the maximum that was spent on these DCT's was around $8 a day in one and the rest was like $0.05 - $0.64 cents a day on a budget of $144/day. The rest, was spent everything on the winner one. I know you always talk about trusting Meta, but the impression it gives is that it's not even giving these new DCTs the opportunity to be tested, you know?
Based on your experience, do we always trust Meta 100% with our eyes blinded (even though wasn't spend almost anything in the new DCT's) or can we do anything different? Thanks.
make a lookalike audience, and make a totally new campaigns with new creatives
@@EclecticEuphoriaEE I use broad public in my campaigns, with no target interest... following Justin's strategies
Bro I have the skill of Facebook ads how can I client which I can monitize the skill
Run ads to acquire clients. Best way to prove you're great at what you do - Run ads, showing people you can run ads for them.
@@JustinLalonde any free method