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[Facebook]Low budget, No Experience, A good idea - Should I?

by david15923
18 replies
Hi Warriors!

I'm almost starting out CPA and my budget will be 250$.
I am portuguese, and as you may or may not know this market has VERY low competition. I was going to start out with 7search but I decided to look into facebook and I've got some good ideas but I don't know if my budget is good.

I saw an offer in a portuguese/European CPA network about beting online (football, or soccer as americans would call it). It pays 3,50€ (about 4,60$) per free registration. So I went to facebook and targetting 50K people (men, 20-50, wich interests are the bigger 3/4 portuguese teams) and the great thing is that the minimum recomended bid is 0,04€ (0,05$) for CPM and 0,09€ (0,12 cents) for CPC so it is VERY cheap from what I've been hearing and if I broad the targetting to 1 million people I pay the same.

Is this a viable idea? I've some photoshop experience and some imagination, so no problem in testing some adcopies and images.

Also, with this budget would I have any chance to start making money with PeerFly + Facebook? 7search wouldn't be bad to start but I wanted a more stable way of promoting offers.

THANK you!
#budget #experience #facebook #facebooklow #good #idea
  • Profile picture of the author Mahmoud Selman
    The idea is good and you should start implementing it and do your testing. Don't expect much in return from your $250, but it's still a good start.

    You can't compare facebook traffic with 7search because the traffic from facebook is way much better and you should stick to facebook instead.
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    • Profile picture of the author david15923
      Originally Posted by Mahmoud Selman View Post

      The idea is good and you should start implementing it and do your testing. Don't expect much in return from your $250, but it's still a good start.

      You can't compare facebook traffic with 7search because the traffic from facebook is way much better and you should stick to facebook instead.
      Yes, I'm not expecting to make 1000$ but if I usa a facebook coupon and with that I generate 200$, I reinvest it, and since I have the data the profit would be better.

      Thanks for the advice.

      People keep sending sugestions
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  • Profile picture of the author chintz24
    Dont use. Facebook.
    Use adwords and target country wise
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    • Profile picture of the author david15923
      Originally Posted by chintz24 View Post

      Dont use. Facebook.
      Use adwords and target country wise
      No way :/ I'm a begginer, to get accpeted is difficult and they have no problems in deleting my account for almost no reason.
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  • Profile picture of the author ChrisBa
    $250 is a decent start, just make sure you do everything right - you need to be sure to track everything correctly and make sure you go in with a strategy.. $250 will get you started, but you will need to definitely bring more to the table if you want to make a splash..
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    • Profile picture of the author david15923
      Originally Posted by ChrisBa View Post

      $250 is a decent start, just make sure you do everything right - you need to be sure to track everything correctly and make sure you go in with a strategy.. $250 will get you started, but you will need to definitely bring more to the table if you want to make a splash..
      Do I need to track on Facebook or you meant tracking conversions?

      Sorry for so many questions
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  • Profile picture of the author PPC-Coach
    They speak english too in Portugal right?

    Or are you just targeting that language only?
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    • Profile picture of the author david15923
      Originally Posted by PPC-Coach View Post

      They speak english too in Portugal right?

      Or are you just targeting that language only?

      I'm portuguese so I'll make my ad in portuguese with an portuguese offer Sorry if I wasn't clear about that.
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    • Profile picture of the author AJGrayTay
      You'll need a system for tracking conversions so you know which ads are profitable - your conversion rate will allow you to calculate your target CPC... There's plenty of ad platforms that would give you a free trial - SAM, SAT... you could also do it with an affiliate platform like LinkTrust. Lots of ad networks have their own internal platforms for tracking conversions as well, if you sign up with them (and stick with their offers) it'll be less up-front work than if you try to do it yourself. Of course you can run whatever you want if you stick with your own setup.

      Also remember that FB associates a cost with keywords - you'll end up bidding higher and cutting into your profit margin if you use popular keywords - you can check FBs 'suggested bids' and how they differ if you use "FIFA" as a keyword, vs... I don't know, "lawn bowling". If you stick with expensive keywords you'll need to compensate by increasing the awesomeness of your ad and copy (increase the CTR -> decrease the CPC).

      Good luck!
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  • Profile picture of the author harrisunderwork
    I would mention few pointers to you if you are starting with facebook ads.

    1) Targetting, make it laser target, if you are having a good ad copy, you will pay in pennies.
    2) Track, track, track. Find the winner click. Make your adcopy compelling, don't make it like an advertisement, make it like an engagement channel.
    3) Bid 4-5 cents above suggested bid. Once you get some clicks, your CPC will start lowering, dont just pound on lowering your CPC, take upper limit and lower 3-5 cents below upper limit.

    In summary : targetting, good adcopy, bidding and then $$$$.

    Good luck.
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  • Profile picture of the author rouke
    Hi,

    all the best for you..
    hope you can update your progress here too
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    Starts IM with Fiverr ;p

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  • Profile picture of the author reigovilbiks
    my tip for you : use celebrity close up faces in FB ads and very wierd images to get the high click through rate..and make then look very amateur
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  • Profile picture of the author WF99
    Nice idea .. $250 is not little money but at first you will get a little return ..
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    • Profile picture of the author david15923
      Originally Posted by WF99 View Post

      Nice idea .. $250 is not little money but at first you will get a little return ..
      I heard some dudes spend like 20$ to see if the adcopy/image combination and that's why I thought it was little, but it isn't much also.
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  • Profile picture of the author Shazia Mirza
    Nowadays, $250 + Facebook won't take you far, but back when I started, I got my first conversion after spending $30! That conversion still makes me money today (recurring payments)
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    • Profile picture of the author david15923
      Originally Posted by Shazia Mirza View Post

      Nowadays, $250 + Facebook won't take you far, but back when I started, I got my first conversion after spending $30! That conversion still makes me money today (recurring payments)
      I'll probably start with CPC since the conversion rate should be good on facebook and once I get a better CTR i change to CPM, so I shouldn't take 30$ to make my 1st conversion
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  • Profile picture of the author Shazia Mirza
    Oops, sorry to mention. I made the conversion on a $65 product from clickbank.

    That's not too bad for a newbie eh?
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    • Profile picture of the author david15923
      Originally Posted by Shazia Mirza View Post

      Oops, sorry to mention. I made the conversion on a $65 product from clickbank.

      That's not too bad for a newbie eh?
      Oh, that's another story :p I was talking about a conversion of a registration for example, but until now you've got almost 100% ROI so its pretty good.
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