by Ebi Ashidi | Nov 2, 2021 | Facebook Advertising
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How To Justify Your Facebook Ad Spend
1 significant way to reason/think in order to improve on your ad spend on Facebook
Before I begin,
This blog post is for you if you have a business and you are making some money,
But you find it hard to invest in advertising probably on Facebook or other platforms.
A little background knowledge
This is when you create a pull, helping potential customers to find you.
Blog posts, SEO, social media content all pass under inbound marketing.
Inbound Marketing is a great way to pull and get the attention on your website, product, or account.
However, it has a level of constraint which I will talk about further down the thread.
Next, we will talk about Outbound Marketing
Outbound marketing simply means you take the step to reach out to your customers rather than have them come to you.
This includes running campaigns that tell them what you do, who you are, and how you can help them.
Outbound Marketing can be in the form of Facebook ads, google ads, Instagram ads, Twitter ads, TikTok ads, etc.
One thing that is a key differentiator is that for all forms of outbound marketing, you may have to spend money.
Unlike inbound marketing where you give out content.
To the main point,
You are probably not spending enough on Facebook because you are thinking about it the wrong way.
Let me straighten your thoughts now.
Stay with me, please.
Why don’t you think about traditional media for a minute
Radio, billboards, tv, flyers, banners, etc.
If you share a piece of advert on the radio, how will people reach you?
They will need to either scramble for a piece of paper or a phone to take down your phone number, your address or your website link.
This has proven to be stressful over the years.
Take the billboard for instance…
Micheal is in a vehicle moving past your billboard, you will be lucky for your board to catch his attention, and even if it does
It might have been late because the vehicle has driven past already
Again, maybe it wasn’t late, he’d need a pen and a paper or a mobile phone to capture your number, address or website.
Again, this hasn’t proven to be a great idea over time.
How much does it cost to put up a billboard or run a radio jingle in your city per week?
You can easily do the maths and realise that this is something that requires a large budget.
But you see facebook ads?
You don’t have the fear of retention in comparison to the bill boards and radio.
Radio shows are probably once a day or a week so if a person misses the show where your ad was shared, they will have to wait till next week or the next day.
Anything can happen within a day talk more about a week.
Facebook ads are different, yes users are scrolling down thair feed or reels, but the chances that they keep seeing your ad until they interact with it are so high.
Every time they log in which is basically twice in a minute lol, you stand a chance of being seen.
No you don’t need the budget of Apple or Nike.
Facebook ads can be a very useful way of dragging in ready to buy visitors to your website.
How do you go about it?
I may be able to help you, hell I am willing to help you. But we need to know if we are a perfect fit to work with each other.
So, GO HERE and lets take it up from there.
Ebi Ashidi is a fun-loving, ROI-driven Marketer. The Funnel Hacker as he's known has generated over $100 thousand in revenue for his clients and wants to share those hacks with one internet business owner at a time with his Double For My Hustle newsletter.
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by Ebi Ashidi | Jul 28, 2021 | Facebook Advertising, Funnels
If you are running Facebook ads or any other type of ad for your High Ticket Products,
You will want to take advantage of the money you’re spending.
Especially if your product is not an impulse buy product
This is a blog post for you
First, what are ‘Impulse buy’ products?
They are products that people buy on impulse… lol
At a hearts beat when they see it they want to buy it
Products like:
Clothing & Apparel
Food & Groceries
Shoes
Takeout & Delivery
Beauty Products
Books
Magazines & Newspapers
Toys for Kids
Household
Home Decor
Gadgets and Devices
Software and Apps
Jewelry
Video Games
Tickets to Events
Look back at your past few months, you had to impulse buy one or more of these products
Stay with me
To sell most or all of those products a simple funnel will work something like what you have in the image bellow
Basic funnel
A brief overview of the steps:
1. Advertise on social media
2. Drive traffic to your WhatsApp/Facebook messenger/order page on a website
3. Maybe get on a call and
4. Close the sale
I mean this can be simply what happens with the majority of impulse buys…
However, if you are selling a product that doesn’t fall into the impulse buy category like;
- Courses
- Membership
- Home/office inverter systems
- High Ticketed Services, etc
You cant go the route of the basic funnel
The reason is that your buyers are not going to buy a course on how to stop procrastinating impulsively…
Or get into a coaching membership to become a better HR or sales guru impulsively
Heck they wouldn’t consider a $2,500 alternative energy source in a hearts beat
That takes 3 major things called KLT
- Know
They have to know you and be aware of what you do, how you do it and the results you produce.
In other words, they have to be familiar with you, your brand, and your product
Next
- Like
They have to like you, what you represent and the results your product or offering produces for other people.
They should think about the possibility of using your service/product and like the outcome
Finally
- Trust
They at this point will trust you, your product, and your processes.
At this point, buying from you will not be an issue or a problem.
Let’s make it actionable in a few more words
As you may be able to tell, no one meets you on the first day and knows you, likes you, and trusts you…
They may like you but not know and trust you.
Those take time
This is where a more robust funnel comes in
Something like what we have below
Cold traffic
⇓
Warm subscribers
⇓
Hot buyers
That’s the code…
You want to be able to move the traffic from cold to hot.
The good thing is that these people become repeat buyers
And the value of their lifetime commitment will be worth the time and energy put into converting them
You can make better use of your ad budget to kill 2 or 3 stones…
There are more benefits to a more robust funnel which I will be sharing in subsequent blog posts
If you want to understand the concept in the blog better, feel free to reach out to me on Twitter
Kindly Like and Share the blog post for more people to learn from it…
Thank you