i am going to start getting into PPC with FB. (gonna go dating niche if that matters) GENERALLY, how much $ would the average person blow on their campaigns before they start seeing profits and good ROI? (100%+) i know it differs on many factors, but just throw me an educated guess please. im trying to save up enough money before i get into this.
How much $ would I throw away before I start profitting?
- Thread starter West_Point
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this long -------------------
or was it this long ------------------------------
maybe ------ ?
if you're having to save up money its maybe not the right strategy, i'd be more thinking how much am i prepared to spend to "buy" experience/knowledge i need. then it won't hurt so much when you tank through your beer money
or was it this long ------------------------------
maybe ------ ?
if you're having to save up money its maybe not the right strategy, i'd be more thinking how much am i prepared to spend to "buy" experience/knowledge i need. then it won't hurt so much when you tank through your beer money
General rule of thumb i go by.... when spend exceeds 3x the value of a conversion for a particular keyword/placement, then optimize off. If you are getting conversions but not enough to fall within 3x.... then adjust bid prices and try to optimize to profit.
Moral of the story, keep at it
Moral of the story, keep at it
How long is a piece of string?
OK, to make it easier.
- Set a test budget inline with an expected test profit - tie it all up with dates.
- Run the campaign and stick to your drawing board numbers
- Like the returns and learned lessons?
- Repeat the process with larger budget or throw the towel and start with something else.
OK, to make it easier.
- Set a test budget inline with an expected test profit - tie it all up with dates.
- Run the campaign and stick to your drawing board numbers
- Like the returns and learned lessons?
- Repeat the process with larger budget or throw the towel and start with something else.
Are you spending more money by doing the same thing again and again?
Or are you seeing an improvement? Even in the form of a gradual lesser negative ROI. If not, are you learning anything???
I mean this is something you should know.
If you do the same thing over and over again with the hope that you will become profitable someday.. Then, you are not quite in the right direction
Or are you seeing an improvement? Even in the form of a gradual lesser negative ROI. If not, are you learning anything???
I mean this is something you should know.
If you do the same thing over and over again with the hope that you will become profitable someday.. Then, you are not quite in the right direction