Learn How It Works (PPC)
How It Works
Facebook charges you for your ad placements in two different ways (you have the choice of how you want to be charged). The first way is called Pay-Per-Click (PPC), which is pretty self explanatory—you will be charged every time someone clicks on your ad. You can set your daily budget to any amount that you would like and you can also set the amount that you would like to be charged every time someone clicks your ad (Facebook’s prices are very reasonable).
Here is a quick example:
As you can see, I have set my daily budget for this ad at $25 and my max bid is 65 cents (you will not always be charged the max bid—in fact, most of the time it will be a good bit less). With this setup I am paying for at least 38 clicks ($25/.65 = 38.46 clicks -> but you will pretty much always get more than that because you will rarely be charged 65 cents for every click). Also, I could have had a max bid of 25 cents per click, even though Facebook suggests $0.57- 0.75 for this particular ad. With a max bid of 25 cents per click I would be paying for at least 100 clicks ($25/.25= 100 clicks). The only thing that happens when you have a max bid less than Facebook’s suggested bid is that your ad will not be shown as often (fewer ad impressions)—so you may miss a valuable click that transfers into a conversion. Ok, so with this ad I am paying for at least 38 clicks, which means that I believe that at least 1 person out of 38 clicks will convert on the offer that I am promoting. Obviously I will have to be compensated accordingly—I am paying $25 for those clicks, so my commission better be more than $25 when someone converts on that particular offer (the goal is to find that highly converting offer that will pay off big). Do not be discouraged; do not give up. This can take time to find the right offer and the right ad content, but you will find it.
Very interesting way to market on facebook. I also found a way to automate several very powerful methods of getting users. You can capture ID by groups or pages or wall posts with this software. Then once you have the IDs you can do a friend blast to your user ID or sudo profile. This by passes the captcha codes too. There is also a cool chat program that you can setup scripts and keyword to work with. This program, when I use it I can see a spike in my site traffic. It is sweet…
Could I consider a portion regarding your page to my blogs
Thanks for the question… what exactly are you asking?
Money…money…money….
What exactly do u mean by daily budget of $25??? should i have to invest??
what Happens if nobody clicked the ad during the day ?? still recharged or what ?
where is the ‘price your Ad’?
How do i get started with this business? Thanks
Hi Mr.Adam,I am interested in setting up a website and getting 50 people a day to buy my product which will be $1,000 is this hard?Can I do this through facebook? Or how can I do it? Could you please help me because this is my desire and goal ,everyone that I sought advice from never got back with me. Thanks, my phone number is 252-287-2770 or you could email me.
You will not be charged for ads that have not been clicked. If you choose to run ads on an impression basis (CPM), you will be charged everytime the ad is displayed 1000 times.
Okay, so up to this point, the only one guaranteed to make any money is facebook itself; guaranteed any time your ads are clicked because they charge you. If the customer does not buy in to your sale, you lose, facebook wins.
nyc bt how wil u be charged and how will u get paid?
hello Mr. Adam, please tell me what is daly budget of $ 25, will i hav to pay / invest in the starting ?,
That’s a wonderful trip to financial exploit. Adsense disapproved my account and i was considering infolinks, Kontera or Chitika Ads but after going through your techniques, i have decided to implement Facebook Ads. Please i have the following questions. 1. Do i need to pay first before facebook can allow me to advertise my ads? 2.How do i get paid? 3.if i don’t create a domain name and a web host, can’t i work with my landing pages? 4.can you please add me on facebook? 5.can you send me a personal reply to my email above? I appreciate your wonderful tips to success. I’v to print it out because it’s my pilot to success. Owuzo Innocent Nigeria.