Facebook and Instagram are two of the most popular social media platforms. They offer a lot of options for businesses to reach their target audience.
Facebook Ads and Instagram Ads can be very effective for reaching your audience. But if you don’t know how much to spend, you might waste money on ads that don’t convert or get any results.
In this blog post, we’ll share some tips to help you choose the right Facebook & Instagram budget for your business.
Why It’s Important To Set A Budget For Your Ads
One of the first steps in creating great ads is choosing an effective ad set budget. When you set a budget, it helps you plan how much money you’re willing to spend on a campaign over time. This allows you to better track your ROI (return on investment) and make sure that you’re getting the best value from your ads.
If you don’t have a plan for how much money you’re going to spend on Facebook or Instagram ads, it’s easy to overspend without realizing it — which can lead to wasted money and low ROI overall.
If you’re like I was, before I discovered the best practices for Facebook Ad Budgets, you’ve probably spent hours of your life staring at the screen of your phone, trying to figure out how much you should spend on Facebook ads.
Well, here’s a tip: STOP!
You shouldn’t have to do that. You shouldn’t have to be a math genius or a marketing expert to know how much money to put towards your ad campaigns. And you don’t need to pay someone else $3,000 for their “Facebook ad budget” guide.
That’s why I’ve created this free guide—because I know how hard it can be for small business owners like yourself who don’t have the time or the expertise to make sense of all the information out there about Facebook advertising.
I’m going to walk you through every step of setting up your campaign, from crafting the perfect ad copy to choosing which audience is right for your needs. My goal is simple: when you’re finished reading this guide, you’ll feel confident and excited about running ads on Facebook!
This Cheatsheet & Guide for creating a budget for Facebook ad costs is one of the most effective ways I’ve found to create a budget. Getting started with Facebook ads isn’t that expensive and doesn’t need to be a daunting process, so long as you have the right information. This Cheatsheet & Guide will walk you through setting your ad budgets so you can decide how much you’re willing to invest in your advertising. It’s all about knowing what to expect and planning accordingly, but we’ll also discuss how to save money on Facebook advertising even if you’re short on cash right now.
If that is not enough for you, go here for a FREE guide on how to create a Facebook ad budget that works: CLICK HERE to grab your FREE copy Today!
Facebook’s targeting capabilities are more robust than any other platform. So you can narrow in on demographics, interests,
location and even behaviors. You get to choose your age group and gender. Really know your targeted audience for the ad and
get your ad shown to only the folks that your product or service is 100% right for.
– Make it visual appealing to your audience.
Be certain to use the best image(s) or video you can for the ad. And make sure it’s sized correctly for the placement
of where the ad will show. Sizes vary depending on where you want the ad to be placed.
– Be sure to have a great value proposition.
The ad must tell the reader whey they should click on your ad to learn more, buy now, message you, sign up, watch video etc.
Use stats of previous customers to ad social proof that will help your credibility.
–You always want to have the visual and copy closely aligned.
If your ad is more general then maybe use a carousel (several images in one ad) explaining the benefits, one on each image.
If your ad is for a specific item, then pair the copy and image accordingly and target specific people who will be interested.
Example: All Virgos out there will love this, if your ad is for an astrology bracelet for the women with an upcoming birthday in Sept.
– Don’t forget the clear Call-to-Action.
Many ads I see don’t have this set up correctly. Example: Buy now and save X%, but for a limited time. or This great offer will be ending soon. Sign up now!
I have both Done-With-You and Done-For-You ad packages. Just visit my website to learn more.
What to Know About Running Your First Facebook Ad Campaign to get the very bestReturn On Your Ad Spend
The #1 most important thing you can do to ensure your campaign success is to target your warm audiences. These are known as Custom Audiences. These are people who have already expressed an interest in your offerings. Like you Facebook Followers, Your Instagram Followers, and your website visitors. This requires you to build up your pages with followers and guide prospects to click on your website link to be retargeted with your paid ads.
The #2nd most important thing is to know what your goal/objective of the ad you want to run will be. Ask yourself “What do you want the viewer to do next when they see your ad?” That becomes your objective or goal. i.e. Watch a video, click on a link, go to my website…etc. There are many goals to choose from when you begin running ads.
The #3rd most important thing is to understand how the algorithm works. Run your ads for longer than 7 days, it usually takes 7 days to get through the learning phase. Test running your ads for 14, 21, even 28 days or longer to bring your costs per action down, your results up and the algorithm to know exactly who to show your ad to.
The #4th most important thing you can do is to be certain you have targeted your ideal audience by location and a few special interests. You can list cities you service and up to 50 miles from each of them. You will have the ability to select certain interests and include them, as well as exclude certain topics, such as competitors.
The #5th most important thing is your creative. So…. Test your Images vs Video and see which performs best for your audience. Home tour videos vs carousel image ads may do better than one single image for future ads. You need to test and know for sure. And then use more of these for your future campaigns.
The #6th most important thing is to keep your copy short and have compelling landing pages with great design and copy, and converting capabilities if you send viewers to your website. Once they leave your ad, then the destination you take them to must do the work for you.
The #7th most important thing is to be personable. As a realtor you know that Real Estate is very personal and emotional. It’s also very local as well as data-driven. Create and use tools that help you get your new clients wants, needs, desires down so that you understand exactly what they are looking for in a new home. Then be sure you speak to that in your Facebook & Instagram advertising.
I’m now working with realtors to help them make their Ads Perform and Grow Their Businesses. I have a Newly Created free Cheatsheet that you are welcome to sign up for: Know The Ideal FB and IG Ad Budgets Before Spending Any Money on Paid Facebook Ads.
Facebook has over2.912 Billion Users Monthly. Instagram has over 1 Billion Users Monthly.
Therefore, it’s pretty clear that you should be utilizing these 2 Gigantic Social Media Channels to promote and advertise your business.
I especially like the results my clients are seeing from Carousel Ads and Posts. They are Cost Effective, usually get better conversion rates, more engaging, and keep the viewer on your ad or post for a longer period of time. This also translates to the algorithm noticing this and putting more value on the ad or post.
What is a carousel ad or post? They are a slide show of images that allows the viewer to slide through multiple images or videos in one single post or ad. You can have a separate URL destination (web page) for each image, as well as a unique description for each image or video.
Best Practices to create Carousel Ads: – Make your images 1080 x 1080pixels (square) and they will work on both FB and IG – Use a maximum of 7-8 photos or short videos – The image file format can be .jpg or .png – The maximum video size/length is 4GB for up to 60 seconds – Give your viewer a taste of what you have to offer, but always leave them wondering what is on the landing page, so they’ll click on it. – Use each image/video to tell a story, explain a process, show the benefit, promote an event etc. – The ads objectives can be: Reach, Conversions, Traffic, Lead Generation, Brand Awareness, Catalog Sales, Store Traffic, App Installs and Messages. – The CTA (Call to Action) buttons can be: Shop Now, Book Now, Learn More, Sign Up, Contact Us, Apply Now, Get Quote, See Menu, Send Message, Get offer, Subscribe, Listen Now and Check Availability.
In today’s crowded Social Media and Ad space, it is ever more challenging to create content that stands out. If you want to get your post or ad noticed, testing how Carousels do for you is a smart marketing move.
Facebook has 2.76 Billion daily active users. That includes Facebook, Instagram, WhatsApp & Instagram.
70% of Facebook and 59% Instagram Users log in every single day, and this is the highest percentage of all the social media channels. Therefore, it stands to reason, that these Social Media channels have your potential customers.
That’s one big reason why you should be marketing on Facebook using paid ads. And… Facebook has the best ad targeting of any other site.
You can Target Your ads on Facebook by using:
Custom Audiences
Gender
Location
Interests
Connections
Behaviors
Make sure your copy uses simple language that’s easy to understand.
2. Be certain that even a 5th grader could understand the ad content:
Explain what you are offering.
Outline What’s In It For Them.
Tell them what to do next.
If you stick to this structure and have a great Creative (Image or Video) that ties into your message, chances are you’ll have a successful campaign. But Testing is the key.
3. Keep your ad Focused on One Call-To-Action
Having a clear goal, makes the best Facebook ads. Use the right objective, be clear on what you want the ad to accomplish: increase brand awareness, get more leads, or sell a product or service.
www.Facebook.com/adsmanager Offers many call to action buttons for your ads, just choose from the drop down button. Here are just a few available:
If you are certain you need to get started with FB and IG Ads, but just don’t have the time to learn all the ins and outs,
Let’s chat. Consider letting me partner with you to run your campaigns, and grow and scale your business in 2022.
2022 is here and your business may need a boost in sales. If so…..pay attention.
Facebook now has 2.74 Billion Monthly Active Users. That’s an increase of 12% Year-Over-Year.
Facebook reaches 59% of the World’s Social Networking Population
Facebook is the world’s Third Most Visited Website
Facebook is the second-most downloaded app
Why Run Ads?
With FB and IG ads you can Micro-Target Your Exact Audience
You have a variety of creatives you can select. i.e. video/images/carousels/playables/messenger
FB and IG Ads offer options for your specific business goals
You get in depth data and results in Ads Manage for all Ads you run
FB and IG Ads are one of the most affordable options (you set your own budget) you have to market your business online, right now!
I’ve been helping entrepreneurs and small businesses get great return on their ad spend investment, and I’d like to help you too.
If you’ve been wanted to get started with Ads, but don’t have the time or want to learn the process, reach out to me and let’s set up a call. There is still time to set up your business goals, and get fantastic results in 2022.
