Facebook Ad suggest bid?

Kwonyoo · 01-20-2012, 03:35 PM

Let's say suggest bid is $0.21 - 0.65.

Should I use minumum or maximum?

I was promoting an offer that has payout of $1.40. CPC was $0.14 (suggest bid minimum) and usually spent $10/day and received around $14/day.

Another question for CPA pro marketers.

Should I promote like 25 of these kind of offers to make $100/daily or not?

Of course I am studying more and doing more testings.

Thanks

Aniket · 01-21-2012, 01:30 AM

You can Bid $0.17 to $0.21

THere is no hard and fast rule in CPA, If the offer is converting well (positive ROI) then you should scale it up.
Promoting 25 such offer can give you good profit

Jetmir · 01-21-2012, 01:47 AM

To scale it up, you don't necessarily have to promote 25 products. Simply, pay $20 and see if you still get good ROI. If yes, pay $30, then $40 and so on, til you get $100/DAY pure profit.

Good luck!

RhysEvans · 01-21-2012, 02:52 AM

I always bid middle of the line and then lower my bid when the CTR is quite high. If the CTR is high generally Facebook lower the bid range - from my experience anyway.

As for your 25 products - why not focus on that one offer and scale it up? If you are making profit - it is obviously converting so why not try targeting different demographics, interests or days of the week. Try find a lower CPC so you can get more clicks as well. For example when I was promoting a email submit for an iphone 4 I would target users who were celebrating their birthdays offering them a special offer on an iphone.

Hope this helps you

01-20-2012, 03:35 PM	#1
Kwonyoo Banned War Room Member Join Date: Apr 2011 Location: USA Posts: 242 Thanks: 70 Thanked 28 Times in 20 Posts	Facebook Ad suggest bid? Let's say suggest bid is $0.21 - 0.65. Should I use minumum or maximum? I was promoting an offer that has payout of $1.40. CPC was $0.14 (suggest bid minimum) and usually spent $10/day and received around $14/day. Another question for CPA pro marketers. Should I promote like 25 of these kind of offers to make $100/daily or not? Of course I am studying more and doing more testings. Thanks

01-21-2012, 01:30 AM	#2
Aniket HyperActive Warrior Join Date: Jun 2010 Posts: 136 Thanks: 4 Thanked 10 Times in 10 Posts	Re: Facebook Ad suggest bid? You can Bid $0.17 to $0.21 THere is no hard and fast rule in CPA, If the offer is converting well (positive ROI) then you should scale it up. Promoting 25 such offer can give you good profit
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01-21-2012, 01:47 AM	#3
Jetmir Honest Warrior Join Date: Aug 2010 Location: Kosovo. Posts: 499 Thanks: 28 Thanked 125 Times in 107 Posts	Re: Facebook Ad suggest bid? To scale it up, you don't necessarily have to promote 25 products. Simply, pay $20 and see if you still get good ROI. If yes, pay $30, then $40 and so on, til you get $100/DAY pure profit. Good luck!
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01-21-2012, 02:52 AM	#4
RhysEvans Viral Marketing Expert Join Date: Aug 2010 Location: New Zealand Posts: 59 Thanks: 0 Thanked 13 Times in 11 Posts Social Networking	Re: Facebook Ad suggest bid? I always bid middle of the line and then lower my bid when the CTR is quite high. If the CTR is high generally Facebook lower the bid range - from my experience anyway. As for your 25 products - why not focus on that one offer and scale it up? If you are making profit - it is obviously converting so why not try targeting different demographics, interests or days of the week. Try find a lower CPC so you can get more clicks as well. For example when I was promoting a email submit for an iphone 4 I would target users who were celebrating their birthdays offering them a special offer on an iphone. Hope this helps you
	CPA GOD! - Dating, Insurance, Trials & BizOps are my fav... whats yours?