Within the last week I performed a similar "experiment" for newly created facebook.com/AmeriStartup. I created two FB mobile advertisements to direct traffic to the website, though the website is more eCommerce/service than any type of sign up. Budget $50 over 3 days reach was ~20,000+; the click through rate was .5% and .4% for the 2 ads; just under 100 clicks to the website with none resulting in conversion. More d…
Facebook CPC – Don't Waste Your Money
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Re: Facebook CPC – Don't Waste Your Money
#32I'm getting fed up with these post saying "Media X" is bad (where X is usually something to do with Facebook or Google display). Two comments: 1. This media is sold in an auction. If the quality of the traffic vs what you pay for it is bad value then the bids are set too high. If I pay over the odds for something on ebay it isn't just ebay that is at fault. 2. Doing online advertising well is harder than Facebook and…
Re: Facebook CPC – Don't Waste Your Money
#33CPC is just the wrong model for Facebook. It turns into "spray and pray". In this case, nobody is looking for a personal budget app, it just shows up uninvited. Whereas with Google, we know someone is likely looking for it when the ad appears. I don't know what Facebook's long term business model is. IMO, this isn't it.
Re: Facebook CPC – Don't Waste Your Money
#34This is a single campaign, and a single test, with one set of variables. Concluding something overreaching like "Facebook CPC ads don't work" after a test like that is like saying, "I tried mixing two chemicals, and there was no reaction, chemicals must not cause reactions." Think of it like a computer program. If 99% of the program is right but one thing is broken, the entire thing won't work. Marketing is, in a lot…
"But it definitely doesn’t seem like you are getting what you pay for, and certainly the value, at least for my site is not there."
Re: Facebook CPC – Don't Waste Your Money
#35Within the last week I performed a similar "experiment" for newly created facebook.com/AmeriStartup. I created two FB mobile advertisements to direct traffic to the website, though the website is more eCommerce/service than any type of sign up. Budget $50 over 3 days reach was ~20,000+; the click through rate was .5% and .4% for the 2 ads; just under 100 clicks to the website with none resulting in conversion. More d…
What were your conversion rates like through other sources?
Re: Facebook CPC – Don't Waste Your Money
#36This is a single campaign, and a single test, with one set of variables. Concluding something overreaching like "Facebook CPC ads don't work" after a test like that is like saying, "I tried mixing two chemicals, and there was no reaction, chemicals must not cause reactions." Think of it like a computer program. If 99% of the program is right but one thing is broken, the entire thing won't work. Marketing is, in a lot…
Part of me suspects you didn't actually read the article. While the title is sort of link-baity, the actual content is interesting in that it compares Google Analytics, server logs, and his Google Adwords campaigns to the Facebook one. I don't think his conclusion is that Facebook ads don't work. It's more that Facebook is charging him for false clicks and non-unique clicks. His last sentence sums up his own experien…
The only thing you should consider to get to any conclusion is the overall CPA.
Facebook is a different beast from AdWords, you cannot simply target people searching for "Online budgeting tool". You have to find a good demographic and that requires lot's of testing. From that point of view $50 is actually meaningless.
Yeah ... he can say that Facebook is charging him for fake clicks ... that's an old news :)
Re: Facebook CPC – Don't Waste Your Money
#37This is a single campaign, and a single test, with one set of variables. Concluding something overreaching like "Facebook CPC ads don't work" after a test like that is like saying, "I tried mixing two chemicals, and there was no reaction, chemicals must not cause reactions." Think of it like a computer program. If 99% of the program is right but one thing is broken, the entire thing won't work. Marketing is, in a lot…
Part of me suspects you didn't actually read the article. While the title is sort of link-baity, the actual content is interesting in that it compares Google Analytics, server logs, and his Google Adwords campaigns to the Facebook one. I don't think his conclusion is that Facebook ads don't work. It's more that Facebook is charging him for false clicks and non-unique clicks. His last sentence sums up his own experien…
I've run a few campaigns and always managed to break even. I believe the key to success is very selective, and often slightly obscure, targeting.
Re: Facebook CPC – Don't Waste Your Money
#38 How can Facebook fix this? They need to work like Google.
but they simply cannot/unwilling to do this because they are NOT google, otherwise they'd already have done this. I think come earnings report, they will have a lot to answer to, possibly lawsuit or investigation happening.Re: Facebook CPC – Don't Waste Your Money
#39Our example (country specific mobile app for doctors), spent 100 € on AdWords, end result was literally 0 app installs, 0 sign-ups, 0 everything. Medical keywords are expensive, no chance of sending them directly to the App Store/Play Store (that we saw at least), and no other useful targetting.
Here come Facebook mobile install ads. 40 € spent so far, 500+ app installs, 200+ sign-ups, great retention. We can roughly target medical professionals, take them directly to the app stores, and the clicks are cheap as hell.
I have no doubt that AdWords work much better in other cases, and that FB can be useless, but it's not black and white, you need to know which tool fits the purpose.