
Facebook Ads Breaking News Podcast
Hi, I’m Konstantinos Doulgeridis and you may know me as the guy who has spent over 100 million dollars on Facebook Ads over the past 10 years! In this podcast, we’ll discuss all about Facebook ads, the news of the week, and my experiences as a freelancer in this field.
Facebook Ads Breaking News Podcast
From Idea to Reality: How the CRAZY METHOD Boosted My FACEBOOK AD Results
In our new episode, I will talk about Facebook’s funding opportunity for in-stream ad placements, about scaling ad accounts in European markets, about my experience with scaling using post IDs and social proof, about my Crazy Method, about your Advantage+ questions, and lastly, about one of my freelancing diaries experiences.
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Hello, Facebook Ads, people.
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I'm Konstantinos and this is the Facebook Ads Breaking News podcast.
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Hello, guys, and Happy New Year.
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Let's start this podcast for the new year.
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I hope it's going to be one of the many that
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we're going to have this year and
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I had the luxury of relaxing for one week.
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Of course, I was still watching all the ads and everything.
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But you know, not a lot of people were sending me
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messages about customer support and stuff
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and still the ads were a little bit slower because it was Q5
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and apparently no matter what Facebook says, it's a slower period.
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I can tell you that the January has started pretty well.
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The CPMs are good. The results are very good.
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Accounts are starting to scale again
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and we will go in more details to that in a little bit, but...
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What I want us...
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My cat is actually playing here.
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I hope he's not going to electrocute himself.
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Yeah, he's going to be fine.
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So, I would like to start this first of all
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telling to all of you that most probably 2023,
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it's going to be a much more stable year comparing to the 2022.
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We have things that are coming back.
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One major thing that Facebook actually announced is
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the 28 days attribution model, which is coming back
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for all of these companies that they sell high ticket items
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and it's actually going to come back.
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So this is a new that we have
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and actually I can tell you that
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you can actually see it in...
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There are columns that you can go
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and you compare the results for the 7 days click and for the 28 days.
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This is something that you can already see,
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but they have announced that they are also going to add it
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in the attribution setting which is in your ad set level.
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I haven't seen it yet.
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I talked with the Facebook representative yesterday
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and she told me that most probably this is going to come later,
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so we don't know yet about it.
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That means that if you do ads,
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you're going to be able to optimize for 28 days data instead of 7 days.
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And for some commerce that they sell high ticket items, this is good.
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If you are selling lower ticket items,
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I would still suggest you to work with the 7 days attribution
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and not with the 28 days.
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It's a little bit too much.
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Especially if you are having a lot of volume
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and you are having a lot of channels that you are working with.
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The other thing is that sadly, they are announcing that slowly
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they're thinking of removing the Facebook pixel,
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which means that we're going to stay only with the API.
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This is something that we knew and they were mentioning it,
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that they were working together on those,
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so that there's going to be eventually a transition
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that we will not have a pixel but only an API.
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The thing that happened with the iOS changes and everything
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put Facebook to learn a very big lesson, which is actually that
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they cannot just focus on browser to server, but server to server reporting
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if they want to be more effective.
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So that means that most probably in 2024,
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at some point in one year from now or later,
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the Pixel is going to be removed and we're going to stay only with the API.
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So that means that we need to start training our APIs.
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Of course, the Pixel is going to also stay there as long as we can,
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but at the end of the day, it's going to be only the API.
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So the API is now the legacy that we're going to keep to our stores,
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and this is the one that's going to be fueling our data and our sales.
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Another thing.
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Do I have any other news from the Facebook representative?
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I have one, which I'm going to say now.
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The pixel and the 28 days attribution.
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Perfect. So.
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The other thing that I'm always discussing with Facebook representatives
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when we are meeting is funding opportunities and we know that
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there were a lot of funding opportunities for Facebook to match 1 to 3,
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so for example, if you spend 9k, they're going to give you another 3k,
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so total spend of 12k for Advantage+.
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This is something that was running on the whole Q4.
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The situation is that right now, I'm seeing that
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they are trying to push again the concept of
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in-stream video placement funding.
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So let me tell you how this is working.
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They do the same deal, 1 to 3.
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Again 1 to 3 doesn't mean if you spend 9, they're going to,
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you're just going to spend 6 because they're going to give you the 3.
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Actually, you spend 3, we give you another...
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No, you spend...
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You spent, let's say, 3, 3 ,3.
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You spend...
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Most of the time, it's also...
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I'm giving this example because most of the time is 10k.
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10k is the minimum.
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So if you spend 10k, they give you something like another 3k something.
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So that's the total funding opportunity that you have with them.
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And it's for in-stream placement.
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In-stream placement, if you go to your placements,
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you're going to be able to see the in-stream.
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What does this mean?
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It means that these are videos that people cannot skip.
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There are very rare cases that people can skip the video.
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So if you play something on a stream, everybody is going to see 100% of it,
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which is good and bad, if you think of it,
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because at the end of the day, if you go on in-stream
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and you're forcing people to watch something,
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it doesn't mean that they necessarily want to see it.
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But Facebook is coming and they say that you're doing that,
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you're playing, you're doing this ad,
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and then you're retargeting these people
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with the custom audience of people who have viewed the video.
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95% of the video or more.
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So I'm totally against that.
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Have I tested it?
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Yes, I have tested it. It doesn't work.
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It's the same thing as like running traffic campaigns
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and having so many people coming to your store
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and then try to retarget them in order to make them convert.
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It doesn't work like this because Facebook is super specific
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in what you need to ask for.
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So the traffic, in my opinion, is junk when it's coming from this
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and basically they say that
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"basically we're forcing people to watch the whole video
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and then we try to retarget them."
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It would be completely different, if we were going to run normal video ads.
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And whoever decides to watch the whole video,
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it's actually a person that is interested and
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it's watching the whole video
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instead of forcing people to do so.
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So targeting people that they have seen 95% of the video
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doesn't say anything because everybody is going to see it.
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I like to use the example of the people in jail with that.
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Let me explain what I mean.
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It's like I have a company that is organizing ship cruises.
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And I'm going to a jail and I'm giving a brochure
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to the inmates about ship cruises.
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They have no other option.
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They're just going to read it and everything.
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But this doesn't mean that they're going to be able to come
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and take the cruise or pay me in order to join one of my cruises.
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So there are these situations that people are forced to do things,
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but it doesn't mean that it's your core audience that
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it's actually going to buy the service or whatever.
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So I'm totally against it.
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If you have a funding opportunity
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and you want to test it, it's fine.
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Just so you know, I have tested it and it doesn't work.
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And of course, Facebook wants you to actually put 10k on the line over here
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in order to to be able to get the funding.
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So I don't know if it's a good deal or not,
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but there is one very interesting aspect to it
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which I want to analyze so that we are not going to be...
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I don't remember the English word, sadly.
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Προκατειλημμένοι?
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"Biased."
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So that we're not going to be biased.
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Apparently she knows better English than me.
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So we don't want to be biased
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and we are always trying to find something good.
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As we say for dogs, there are no bad dogs, there are bad owners.
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The same is for the metrics. Not for the metrics.
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For the settings within the Facebook platform for me.
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There are no bad settings.
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There is always a way to use even a bad setting in a good way.
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One example was the expand button audience,
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which we used to have before.
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And everybody was not using it
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because it was actually making the ads worse.
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Now it's mandatory for the accounts
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and obviously the algorithm made it better and better
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so it's working very well now.
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But before it was very bad because it wasn't working.
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Before iOS it wasn't working like it should.
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This is something that I used to use by using lookalikes.
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So I was using lookalikes and then interest
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and then I was putting this button below to expand
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and it was working flawlessly.
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This was my Blender method as I used to call it
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and I still call it up to the day and it's...
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It was working flawlessly.
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So there are no bad settings that you're going to use into your ads.
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They're just the way that you are using them.
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Even the 1 day attribution
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If you use it in a correct way with manual bidding,
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which we're going to talk a little bit about later, it's actually a good setting.
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So the good setting that we have here with in-stream videos,
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and it was very interesting, is that you can control
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which people are the ones that are going to see your video.
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So the company that I was talking to doing this funding opportunity,
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which we rejected, it was a Christian company.
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For the Christian niche, we know that all the interests have been removed
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and over there there wasn't any option that was close to that.
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But, for example, I noticed there training.
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Kickboxing, martial arts for example, and stuff.
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If you are having a company that's selling gear, equipment
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for kickboxing for example, you can put martial arts over there as...
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So I'm going to show the video only to people that
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they're watching at this time videos about martial arts
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Do you know how powerful this is?
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And the most crucial for me that I have seen
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and I'm going to test in one account, is the pet niche.
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So it was having pet and animals
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so you're going to show your videos about your cat toy to...
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about the cat toys, for example, that you're having to one of your...
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One of the people that they're watching the video
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about a cat or about a dog and that means that
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most probably they're going to be a relative audience
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because the people who are cat owners and stuff,
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they're being bombarded by this kind of videos.
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So whenever somebody is watching a lot of videos,
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I also like to watch videos with cats because I have a cat, OK?
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So the chances of me having a cat and also watching videos with cats,
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there are actually a lot and if when I'm watching a video of
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videos of cats,
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I'm actually watching also an ad about a toy,
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about the cat and stuff, maybe I'm going to buy.
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So I can see some value for some niches over there with in-stream videos.
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And of course, with the funding opportunity you're going to have
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also some money returning back to you with the funding.
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So if you are a company like this, talk with your Facebook representative.
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Find a way of asking them about the funding for in-stream videos.
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And there are niches like training, exercise, martial arts.
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There is the niche of apparel and stuff,
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but I think that it's too general.
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There is the niche of pets and stuff.
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Try to go to your to your placements.
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Go there and just pick the in-stream placement
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and then go down, show more options
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and you're going to be able to see the targeting
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that you can do for your ads.
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There's a pencil at the right side, it's called,
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it has an edit.
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If you hover over it and you click on it,
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you will be able to see the options that you can target.
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If you think that your niche is within any of those categories,
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I think that it's really worth a try
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and I'm going to try it in some accounts also.
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I will keep you updated about it.
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Maybe I will make also a video about it.
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So that's one thing and these are the news.
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The breaking breaking news.
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Now let's discuss about some topics that I want to discuss
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first of all, I want to discuss about one thing
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that we talked about before in the previous podcast.
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I told you that I'm watching that.
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I can see that in the ad sets,
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the ad sets are spending a little bit more from what they should.
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And I thought that it was because it was a Q5 season
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and the people are not spending
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so Facebook is trying to recuperate some of the money
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that they're not making with that way.
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I think that I was right because I can see that now that we are on January,
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the ads are not spending more from what they should
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and they spent a little bit less.
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So the situation was that if you put a $5 budget, they were spending 5.4.
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And my theory behind that is because they are not having
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so many people advertising in the last period of the year,
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they're just spending a little bit more
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because if you take this a little bit more with
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all of the ads that they're running and everything,
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they're going to make exactly the same money without losing.
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For you, it's 40 cents, but for them it's 40 cents multiplied with all the ad sets
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and all the campaigns and stuff.
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And it doesn't change anything apart from the fact that
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we don't want to be treated like idiots
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and we want to let know Facebook that we understand
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when they're doing something.
00:14:38:01 - 00:14:42:07
The situation, though, is that if this was continue happening,
00:14:42:07 - 00:14:44:03
was going to continue happening,
00:14:44:03 - 00:14:46:04
I should have changed my whole strategy about
00:14:46:04 - 00:14:47:19
optimization in CBO campaigns.
00:14:47:19 - 00:14:50:24
Because in CBO campaigns what we are doing is that
00:14:50:24 - 00:14:54:14
when we are optimizing and we are leaving some ad sets open,
00:14:54:14 - 00:14:57:18
then we are putting a little bit
00:14:57:18 - 00:15:01:16
a little bit more in the optimization for the budget
00:15:01:16 - 00:15:04:15
so that the people that they know the channel,
00:15:04:15 - 00:15:06:18
they understand what I'm talking about.
00:15:06:18 - 00:15:11:05
We put a little bit more so that it can keep a balance to the amount
00:15:11:05 - 00:15:14:12
because it's going to spend a little bit less in the reality.
00:15:14:12 - 00:15:19:21
So if the ad sets were going to spend more from in the ABO level
00:15:19:21 - 00:15:23:10
than they were going to spend more from what we are asking them to spend,
00:15:23:10 - 00:15:27:03
that means that in our CBO philosophy
00:15:27:03 - 00:15:31:05
and the way that in this channel and the way that I optimize CBO campaigns,
00:15:31:05 - 00:15:34:18
we should have gone with a different plan.
00:15:34:18 - 00:15:37:20
This is why I was monitoring this closely.
00:15:37:20 - 00:15:40:21
The different plan would be that this time we wouldn't put more,
00:15:40:21 - 00:15:46:02
but we would put less when we were optimizing a CBO campaign.
00:15:46:02 - 00:15:52:21
And that being said, I'm pretty happy that this hasn't changed,
00:15:52:21 - 00:15:54:08
because apparently I should have gone
00:15:54:08 - 00:15:57:04
and do major changes to a lot of videos
00:15:57:04 - 00:15:59:02
in my YouTube channel and everything
00:15:59:02 - 00:16:02:13
because everything was going to be outdated.
00:16:02:13 - 00:16:05:12
Now. I have recently uploaded...
00:16:05:12 - 00:16:08:23
In another topic, I have recently uploaded a video about talking
00:16:08:23 - 00:16:12:10
about the conversion rate and which is a custom metric.
00:16:12:10 - 00:16:15:00
If you haven't seen it, I think that you should go and see it.
00:16:15:00 - 00:16:19:16
So pause the podcast now and go see the video.
00:16:19:16 - 00:16:23:04
I uploaded two or three videos ago.
00:16:23:04 - 00:16:25:02
You will see it there.
00:16:25:02 - 00:16:27:23
One thing that I wanted to point out here is this.
00:16:27:23 - 00:16:30:20
By watching the conversion rate on the ads,
00:16:30:20 - 00:16:35:07
which is actually a metric that you can make
00:16:35:07 - 00:16:36:24
as a custom metric into your column.
00:16:36:24 - 00:16:39:02
As I said, go watch the video.
00:16:39:02 - 00:16:42:19
You can't understand how many people from the ones that are clicking,
00:16:42:19 - 00:16:45:00
they are actually converting with your ads.
00:16:45:00 - 00:16:47:18
And the situation is this.
00:16:47:18 - 00:16:51:10
There are two categories of people and two categories of customers,
00:16:51:10 - 00:16:53:20
and we need to be very clear about that
00:16:53:20 - 00:16:56:16
so that they're not going to be misconceptions.
00:16:56:16 - 00:16:59:09
What are you looking with your conversion rate is
00:16:59:09 - 00:17:01:20
not the conversion rate of the site.
00:17:01:20 - 00:17:04:04
Not if they are converting within the site.
00:17:04:04 - 00:17:09:07
You are seeing how determined they are to buy by just watching the ad.
00:17:09:07 - 00:17:10:23
Because there are two categories of people.
00:17:10:23 - 00:17:14:15
There's one category which is the category that it's actually
00:17:14:15 - 00:17:17:21
when they see an ad, they know immediately that
00:17:17:21 - 00:17:21:17
they are going to buy even if they go to a very bad site
00:17:21:17 - 00:17:24:24
and they are not find it very easy to navigate to it.
00:17:24:24 - 00:17:26:23
So the situation is that
00:17:26:23 - 00:17:29:07
this is the best kind of category that you can have.
00:17:29:07 - 00:17:31:19
So if your creatives are very good
00:17:31:19 - 00:17:35:13
and you're going to convince people before they even go to the site,
00:17:35:13 - 00:17:38:19
well, then you are having the best kind of sales
00:17:38:19 - 00:17:41:05
because these people are not going to care so much
00:17:41:05 - 00:17:44:12
if your funnels are a bit difficult or they find difficulty
00:17:44:12 - 00:17:46:03
in order to complete their order.
00:17:46:03 - 00:17:48:10
Of course, it's always better to have both
00:17:48:10 - 00:17:52:14
a very good funnel and into your store and a very good creative
00:17:52:14 - 00:17:56:23
that's going to make them have a certain decision
00:17:56:23 - 00:17:58:04
if they're going to buy or not.
00:17:58:04 - 00:18:02:03
And don't get me wrong, most of the sales on Facebook,
00:18:02:03 - 00:18:03:11
they are actually impulsive sales.
00:18:03:11 - 00:18:04:24
Facebook is an impulsive platform.
00:18:04:24 - 00:18:07:17
We have said a million times that it's a platform that
00:18:07:17 - 00:18:10:10
it's actually convincing you to buy something
00:18:10:10 - 00:18:12:24
that you didn't know that you wanted 5 seconds ago.
00:18:12:24 - 00:18:15:00
So it's an impulsive platform.
00:18:15:00 - 00:18:17:04
And for the people that they have ecommerce stores,
00:18:17:04 - 00:18:18:20
they know that there are a lot of times, emails,
00:18:18:20 - 00:18:21:22
that people are buying something and then they regret it the next day
00:18:21:22 - 00:18:24:15
and they want to get a refund.
00:18:24:15 - 00:18:27:11
Of course, always in bigger scale.
00:18:27:11 - 00:18:29:08
But the situation here is this.
00:18:29:08 - 00:18:31:09
There are also the ads that they are different
00:18:31:09 - 00:18:35:10
because you might have a very strong landing page
00:18:35:10 - 00:18:38:18
and you want just the stimulation because with an ad
00:18:38:18 - 00:18:41:15
you just have 5 seconds to win someone, OK?
00:18:41:15 - 00:18:46:06
If your ad in 5 seconds is winning someone to watch the whole of it
00:18:46:06 - 00:18:50:13
and then being convinced and go convinced to decide to buy, that's good.
00:18:50:13 - 00:18:54:03
But if you are having an ad which is just giving a stimulation
00:18:54:03 - 00:18:57:01
and somebody goes to the site in order to convert there,
00:18:57:01 - 00:19:00:07
then that means that you need a very strong funnel on your site
00:19:00:07 - 00:19:02:04
which is going to be optimized and everything
00:19:02:04 - 00:19:04:08
and it's going to convince people there to buy.
00:19:04:08 - 00:19:06:08
So two different categories of people
00:19:06:08 - 00:19:09:08
and you need to decide in which side you are.
00:19:09:08 - 00:19:11:17
Are you in the side that you are having very strong creatives
00:19:11:17 - 00:19:14:15
and very good engagement rate with your creatives
00:19:14:15 - 00:19:17:09
and people are buying immediately
00:19:17:09 - 00:19:19:13
because they're convinced to buy from the creative?
00:19:19:13 - 00:19:25:02
Or you're on the side that you are not having good creatives
00:19:25:02 - 00:19:28:02
but you're having a very good stimulation for the creatives?
00:19:28:02 - 00:19:31:09
It's like the blogs that you see some very...
00:19:31:09 - 00:19:33:07
The thumbnails, for example, on the videos.
00:19:33:07 - 00:19:35:18
They might stimulate you to go,
00:19:35:18 - 00:19:38:11
but then the video has to be good in order to hold you there
00:19:38:11 - 00:19:40:07
and watch the whole video.
00:19:40:07 - 00:19:42:13
So the same is happening with the ads.
00:19:42:13 - 00:19:45:00
You need a stimulation and then you go into a site
00:19:45:00 - 00:19:46:19
or maybe you have so much information
00:19:46:19 - 00:19:49:17
that you cannot just put all of it to the ad.
00:19:49:17 - 00:19:53:06
So you have a very good landing page which explain everything
00:19:53:06 - 00:19:56:00
and you know that's optimized, but you have a very good simulation
00:19:56:00 - 00:19:57:22
that's going to make people actually click
00:19:57:22 - 00:20:00:18
and actually pay attention to the landing page
00:20:00:18 - 00:20:03:16
or give enough time so that they can understand the product.
00:20:03:16 - 00:20:06:17
And this is what conversion rates are actually...
00:20:06:17 - 00:20:10:16
Conversion rate metric within the Facebook platform is actually measuring.
00:20:10:16 - 00:20:15:00
So I think that you need to start seeing also conversion rate into your ads
00:20:15:00 - 00:20:19:01
and start deciding in which side you are and if you're not happy with that,
00:20:19:01 - 00:20:21:05
start working and start making
00:20:21:05 - 00:20:24:08
either your funnel better or your creatives better
00:20:24:08 - 00:20:30:00
and start having a better understanding of your whole funnel
00:20:30:00 - 00:20:32:07
and not just throwing ads here and there
00:20:32:07 - 00:20:35:15
without understanding in which side you are, OK?
00:20:35:15 - 00:20:41:14
Now you know and you don't have an excuse about your funnel
00:20:41:14 - 00:20:43:14
and how well it's converting.
00:20:43:14 - 00:20:49:13
I think that you will find the video about conversion rates super interesting.
00:20:49:13 - 00:20:51:00
I'm not going to go into more details
00:20:51:00 - 00:20:55:10
because over there I'm showing actually an actual account.
00:20:55:10 - 00:20:59:13
Also, if you're watching this video in YouTube,
00:20:59:13 - 00:21:05:08
we're going to put a link on the description about it.
00:21:05:08 - 00:21:06:10
Yeah, that's it.
00:21:06:10 - 00:21:09:13
So let's go to another topic.
00:21:09:13 - 00:21:11:16
I have a very good account right now
00:21:11:16 - 00:21:13:19
that I'm working with in Germany.
00:21:13:19 - 00:21:17:18
I made a video, I believe about it, recently about manual bidding
00:21:17:18 - 00:21:20:10
and how it's working there.
00:21:20:10 - 00:21:23:12
I want to make 2 remarks, 3 remarks about it.
00:21:23:12 - 00:21:26:23
First of all, that this is the video about the spending limit
00:21:26:23 - 00:21:29:18
that I had on 20k and it stopped me.
00:21:29:18 - 00:21:33:22
Right now after the lift and, of course, after the Christmas period
00:21:33:22 - 00:21:40:02
and right now I'm spending 35k per day over there alone.
00:21:40:02 - 00:21:43:16
And of course, manual bidding is helping a lot with that,
00:21:43:16 - 00:21:47:21
but I was wondering what would have happened if I didn't...
00:21:47:21 - 00:21:52:16
I wasn't stopped with the spending limit on 20k during Black Friday.
00:21:52:16 - 00:21:54:13
Most probably I would explode the account.
00:21:54:13 - 00:21:57:11
Anyway. Still now the spending limit is on 50k,
00:21:57:11 - 00:22:01:05
which I'm trying to see if I can get there.
00:22:01:05 - 00:22:04:19
But there are two things that I want to point out based on that.
00:22:04:19 - 00:22:11:00
First of all. Sorry.
00:22:11:00 - 00:22:17:22
A lot of times we talk about the markets, for example and stuff
00:22:17:22 - 00:22:21:02
and we say "Germany, for example, it's a smaller market.
00:22:21:02 - 00:22:22:16
It's not like United States"
00:22:22:16 - 00:22:25:22
because we are always thinking about United States as the big whale,
00:22:25:22 - 00:22:29:15
we're just neglecting how much other accounts can be scaled.
00:22:29:15 - 00:22:33:14
And in my book, I also mentioned a lot of times
00:22:33:14 - 00:22:39:11
that our brain is calibrated to understand smaller numbers.
00:22:39:11 - 00:22:44:04
So when we say that "I saw in a room 1 million dollars,"
00:22:44:04 - 00:22:49:04
if you haven't seen it, you are never able to actually understand
00:22:49:04 - 00:22:50:23
how it looks, how big it is.
00:22:50:23 - 00:22:53:18
The same it goes with the ecommerce.
00:22:53:18 - 00:22:56:23
A lot of times we're hearing that the supplement market,
00:22:56:23 - 00:23:01:05
which is the niche that this account is working,
00:23:01:05 - 00:23:07:04
it's a market of 3.5 trillion dollars, for example. Just a number.
00:23:07:04 - 00:23:09:13
This is such a huge number that we cannot
00:23:09:13 - 00:23:11:05
we just understand that it's a big number.
00:23:11:05 - 00:23:13:05
We don't understand how huge it is.
00:23:13:05 - 00:23:17:21
So a lot of times we hear about "yeah but there's a saturation in the market."
00:23:17:21 - 00:23:19:08
Bulls**t, OK?
00:23:19:08 - 00:23:23:18
This account spending 35k per day in Germany, it's just crazy.
00:23:23:18 - 00:23:25:20
There are other accounts that they're spending
00:23:25:20 - 00:23:29:09
2-3k, 5k, 10k per day on the United States
00:23:29:09 - 00:23:32:13
and we talk about saturation and stuff like that
00:23:32:13 - 00:23:34:21
and about frequency and stupid things like that.
00:23:34:21 - 00:23:36:07
All of these are excuses.
00:23:36:07 - 00:23:38:18
It means that your product is not trending enough.
00:23:38:18 - 00:23:41:20
It means that your funnel is not working as it should.
00:23:41:20 - 00:23:43:06
Your creatives are not so good.
00:23:43:06 - 00:23:45:00
It means all of this.
00:23:45:00 - 00:23:49:08
So there are endless opportunities for companies that they are working
00:23:49:08 - 00:23:53:11
all the time on improving on products, packaging, customer support,
00:23:53:11 - 00:23:57:05
cooperation with influencers, working in several platforms,
00:23:57:05 - 00:24:01:19
doing their posts every day, having brand ambassador programs, affiliations,
00:24:01:19 - 00:24:07:16
having also different platforms that they're working with, doing ads
00:24:07:16 - 00:24:11:08
and of course, working on Facebook ads and everything,
00:24:11:08 - 00:24:15:13
and the possibilities of working with several different products.
00:24:15:13 - 00:24:19:07
The possibilities here are endless and there are such big markets
00:24:19:07 - 00:24:21:18
that we're not even scratching the surface
00:24:21:18 - 00:24:24:22
with a lot of products that we are having.
00:24:24:22 - 00:24:32:02
The situation is this: in order to understand if you are asking too much,
00:24:32:02 - 00:24:34:09
the best thing to do is this
00:24:34:09 - 00:24:38:09
go and Google, for example, how much is the supplement market
00:24:38:09 - 00:24:41:06
on Germany, on ecommerce.
00:24:41:06 - 00:24:45:00
You will get a number, let's say, of 200 billion every year.
00:24:45:00 - 00:24:47:10
And then see with your spend right now
00:24:47:10 - 00:24:50:09
what kind of percentage you are getting out of this market
00:24:50:09 - 00:24:53:07
and then you will understand how small this is
00:24:53:07 - 00:24:55:03
compared to where you can get.
00:24:55:03 - 00:24:56:17
Let me tell you that there are companies that
00:24:56:17 - 00:25:01:00
they are taking 20% of the market, 30% of the market, OK?
00:25:01:00 - 00:25:04:20
And in order for you to understand that is just an excuse
00:25:04:20 - 00:25:09:19
that you put to yourself about the saturation and everything.
00:25:09:19 - 00:25:11:18
I think that the most important is to go
00:25:11:18 - 00:25:13:17
and do the comparison with percentages.
00:25:13:17 - 00:25:15:00
What am I asking?
00:25:15:00 - 00:25:16:08
What is the percentage of the market
00:25:16:08 - 00:25:19:16
that I'm asking in the current product that I have?
00:25:19:16 - 00:25:22:16
And if you are seeing that this is just a very small fraction,
00:25:22:16 - 00:25:27:17
then try to become better in order to get a better percentage out of it.
00:25:27:17 - 00:25:30:21
Of course, with this account, I will keep scaling
00:25:30:21 - 00:25:34:00
and manual bidding is helping a lot.
00:25:34:00 - 00:25:39:03
And the results are very good because the break even is on 2.3,
00:25:39:03 - 00:25:44:17
we are on 3.5 consistently and we are scaling more.
00:25:44:17 - 00:25:47:09
Of course, for the ones that they know from my channel
00:25:47:09 - 00:25:48:13
how manual bidding is working,
00:25:48:13 - 00:25:53:21
it's not like you just increase the budget just like this, it has some...
00:25:53:21 - 00:25:57:24
It has a procedure and a lot of work which is involved daily.
00:25:57:24 - 00:26:00:16
But yeah, who would have thought that?
00:26:00:16 - 00:26:04:17
When I took the account by the way, it was sending 1k per day, OK?
00:26:04:17 - 00:26:09:12
And the owner couldn't understand that these numbers are achievable
00:26:09:12 - 00:26:12:10
and you will never be able to understand them until you do it.
00:26:12:10 - 00:26:15:00
I wasn't able to understand it also at the start
00:26:15:00 - 00:26:18:14
when I was starting doing Facebook ads that these numbers do exist
00:26:18:14 - 00:26:21:23
because our minds are calibrated to smaller numbers.
00:26:21:23 - 00:26:24:15
We cannot understand how much we can scale.
00:26:24:15 - 00:26:30:00
And yes, scaling an account to 100k is something that most of the people
00:26:30:00 - 00:26:33:09
that they are listening to the podcast maybe at some point of their life,
00:26:33:09 - 00:26:38:13
I hope for your own businesses or for other owners working as freelancers,
00:26:38:13 - 00:26:43:06
you're going to do but scaling an account to 1 million per month,
00:26:43:06 - 00:26:47:19
let me tell you that I have done it two times.
00:26:47:19 - 00:26:53:09
Not consistently. Not for, let's say, 5-6 months consistently.
00:26:53:09 - 00:26:55:13
OK, the next month I was having 800k,
00:26:55:13 - 00:27:01:18
but the 1 million thing and stuff, it's different.
00:27:01:18 - 00:27:04:04
But it is achievable.
00:27:04:04 - 00:27:06:06
It's not a crazy thing to think of.
00:27:06:06 - 00:27:09:09
And you need to see it in order...
00:27:09:09 - 00:27:13:12
You need to see it in order to unblock your mind
00:27:13:12 - 00:27:16:14
and think that this is not possible for example, OK?
00:27:16:14 - 00:27:20:03
Because in theory, everybody says that
00:27:20:03 - 00:27:24:04
this can be a $100 million company for example,
00:27:24:04 - 00:27:26:03
but they don't understand what is the percentage
00:27:26:03 - 00:27:29:20
that is going to come from Facebook ads or from other ads from that.
00:27:29:20 - 00:27:34:02
So in my opinion, I think that you need to understand
00:27:34:02 - 00:27:36:07
that these numbers are achievable.
00:27:36:07 - 00:27:38:22
I have case studies inside my YouTube channel
00:27:38:22 - 00:27:41:08
that I show you that these numbers are achievable
00:27:41:08 - 00:27:45:13
and you should not be afraid to scale whenever you're having good results
00:27:45:13 - 00:27:48:01
because whenever Facebook is giving you the space,
00:27:48:01 - 00:27:49:16
you should take the space.
00:27:49:16 - 00:27:52:21
One last note to that.
00:27:52:21 - 00:27:55:01
If you have seen my manual bidding videos,
00:27:55:01 - 00:28:01:04
of course, we cannot go into details into this podcast about technical
00:28:01:04 - 00:28:02:18
about how the manual bidding is working.
00:28:02:18 - 00:28:07:07
You can watch the videos, but I have realized another way.
00:28:07:07 - 00:28:12:15
So basically the manual bidding is working with a 1 day click.
00:28:12:15 - 00:28:15:17
I have found a way with the 7 days click.
00:28:15:17 - 00:28:18:18
So you go, you put value optimization again.
00:28:18:18 - 00:28:26:07
You're putting, you're taking one of your best ads that are actually working.
00:28:26:07 - 00:28:29:12
The structure here is, guys, that you're doing normal campaigns
00:28:29:12 - 00:28:30:24
with the Crazy Method, whatever you want.
00:28:30:24 - 00:28:33:03
Stacked lookalikes in CBO campaigns.
00:28:33:03 - 00:28:36:02
Then you take those, you put them in manual bidding
00:28:36:02 - 00:28:39:00
with the videos that I have in my channel and in my course,
00:28:39:00 - 00:28:40:24
and I show you how to do them and stuff.
00:28:40:24 - 00:28:43:04
And then you start playing with manual bidding,
00:28:43:04 - 00:28:45:00
which needs much more experience.
00:28:45:00 - 00:28:49:00
And then you can take the one consistent ad
00:28:49:00 - 00:28:52:01
with the placement that it has and targeting that it has
00:28:52:01 - 00:28:56:08
and you take it and you put it in a new campaign
00:28:56:08 - 00:28:58:13
where you're playing this time with the value.
00:28:58:13 - 00:29:01:06
So what you're doing is you're putting it in a new campaign,
00:29:01:06 - 00:29:05:00
the one ad that you have, you're duplicating four times
00:29:05:00 - 00:29:08:22
and then you're putting different value options to each one of the ad sets.
00:29:08:22 - 00:29:12:17
I know that for most of you this is super technical to understand,
00:29:12:17 - 00:29:15:14
but at least for the 3-4 people that they will understand it,
00:29:15:14 - 00:29:22:24
I think it's going to be super informative, let's say.
00:29:22:24 - 00:29:27:07
So you're putting in a CBO campaign with a big budget
00:29:27:07 - 00:29:29:19
like 1 thousand, 2 thousand, 3 thousand, it doesn't matter
00:29:29:19 - 00:29:32:16
because it's not going to spend all of it.
00:29:32:16 - 00:29:35:24
You're putting 4 ad sets with your best ad set that you have
00:29:35:24 - 00:29:39:02
and this time in the value optimization, if your target,
00:29:39:02 - 00:29:42:15
for example, that you see that it's working in the accounts
00:29:42:15 - 00:29:44:19
in the account and you're getting good results is 3 ROAS,
00:29:44:19 - 00:29:46:23
you're putting the first ad set 3 ROAS,
00:29:46:23 - 00:29:51:02
the other has a value optimization
00:29:51:02 - 00:29:55:14
instead of conversion value optimization of a 2.9.
00:29:55:14 - 00:29:57:20
The next one 2.8, the next one 2.7.
00:29:57:20 - 00:30:02:24
So you have 4 ad sets with 3, 2.9, 2.8,
00:30:02:24 - 00:30:06:13
4 ad sets 3, 2.9, 2.8, 2.7.
00:30:06:13 - 00:30:09:18
You are having those, and those actually are the ones
00:30:09:18 - 00:30:13:15
that they're going to run in the CBO campaign with 7 days click this time.
00:30:13:15 - 00:30:15:16
Let me tell you that it's not spending all of that,
00:30:15:16 - 00:30:17:15
and let me tell you what happened
00:30:17:15 - 00:30:20:18
with one of the many tests that I have done.
00:30:20:18 - 00:30:23:11
I put a 5.000 budget on one of them.
00:30:23:11 - 00:30:27:24
This time I put 3 ad sets with different values on it.
00:30:27:24 - 00:30:33:08
One of them actually started working very well and it spent 4.500
00:30:33:08 - 00:30:36:02
after two days in just one day.
00:30:36:02 - 00:30:37:21
I increase the budget to 10k.
00:30:37:21 - 00:30:42:09
I go the next day and I see that it spent 10.800.
00:30:42:09 - 00:30:45:04
So even more than the 10k that I put.
00:30:45:04 - 00:30:48:09
The next day, I put it on 20k to see if it's going to spend.
00:30:48:09 - 00:30:50:13
It didn't spend 20k sadly.
00:30:50:13 - 00:30:56:19
It spent 8.800 and yesterday it actually spent 11k.
00:30:56:19 - 00:31:00:05
So I'm going to try to see if it's going to go now to 20k.
00:31:00:05 - 00:31:03:14
I don't know, but I can tell you that since that point
00:31:03:14 - 00:31:04:23
when I saw this kind of scaling,
00:31:04:23 - 00:31:10:19
I'm testing this strategy with 4 ad sets, 4 different value option
00:31:10:19 - 00:31:14:10
and 7 day click, with a CBO optimization this time,
00:31:14:10 - 00:31:18:20
not ABO based on what we were doing back with the manual bidding
00:31:18:20 - 00:31:22:02
and I'm testing it in another account and it seems to be working.
00:31:22:02 - 00:31:25:15
Because one of those with a different value option is going to work.
00:31:25:15 - 00:31:28:02
It's also very good for accounts that you don't know
00:31:28:02 - 00:31:33:05
what is the actual correct value to put on your manual bidding to actually go
00:31:33:05 - 00:31:37:21
and with that way, try to test and see which is the sweet spot.
00:31:37:21 - 00:31:42:16
Do you need 2.9 in order to get your goal that you want?
00:31:42:16 - 00:31:47:21
Do you need to 2.5, 2.6 ROAS as value optimization to do it?
00:31:47:21 - 00:31:49:20
Then this is what you should put.
00:31:49:20 - 00:31:52:13
Just a quick note to that.
00:31:52:13 - 00:31:55:00
In order for you to be able to do this kind of things
00:31:55:00 - 00:31:58:10
with manual bidding and everything and value optimization,
00:31:58:10 - 00:32:07:07
in your aggregated events you need to have the value button as toggled on,
00:32:07:07 - 00:32:11:07
so that you will be able to see this kind of options into your conversion ads,
00:32:11:07 - 00:32:16:10
aggregated events into the events manager
00:32:16:10 - 00:32:21:04
and over there in the aggregated events, the purchase event
00:32:21:04 - 00:32:26:16
it has a switch and you have to put it on on in order for you...
00:32:26:16 - 00:32:28:23
And of course, for the new accounts.
00:32:28:23 - 00:32:30:18
Manual bidding is not for new accounts,
00:32:30:18 - 00:32:34:01
is for experienced people and for bigger accounts
00:32:34:01 - 00:32:40:24
and let me tell you that in the manual bidding...
00:32:40:24 - 00:32:42:09
In order for you to do manual bidding,
00:32:42:09 - 00:32:45:00
you need to have some data into your ad account
00:32:45:00 - 00:32:47:07
and in the new ad accounts with new pixels,
00:32:47:07 - 00:32:50:04
you will not be able to have this option on.
00:32:50:04 - 00:32:55:07
It will need some data until some point you will be able to turn it on.
00:32:55:07 - 00:32:59:04
Now I think that, I feel that this was super technical,
00:32:59:04 - 00:33:01:05
but I don't care.
00:33:01:05 - 00:33:03:22
Even if it helps some people that they are super technical,
00:33:03:22 - 00:33:06:16
that's good and I know based on the comments
00:33:06:16 - 00:33:08:19
and based on the people who sent me messages
00:33:08:19 - 00:33:10:21
that there are some people that they're watching the podcast
00:33:10:21 - 00:33:13:02
that they are super technical so this is for you.
00:33:13:02 - 00:33:15:24
Sorry for all the others that they didn't understand
00:33:15:24 - 00:33:20:15
anything of what I said for the past 10 minutes or 15 minutes.
00:33:20:15 - 00:33:25:00
Now let's go to some lighter subjects.
00:33:25:00 - 00:33:28:05
One thing that I wanted to point out
00:33:28:05 - 00:33:33:00
it was one experience that I had with a past client.
00:33:33:00 - 00:33:36:00
So when the year changed, I sent some messages
00:33:36:00 - 00:33:38:24
to my clients and some past clients saying
00:33:38:24 - 00:33:41:19
"Happy New Year, we wish you the best and everything."
00:33:41:19 - 00:33:44:18
So one of them replied and they told me
00:33:44:18 - 00:33:46:23
that they are furious with Facebook and stuff.
00:33:46:23 - 00:33:48:00
I asked.
00:33:48:00 - 00:33:49:14
They stopped working with me.
00:33:49:14 - 00:33:51:22
I asked "why are you furious and everything."
00:33:51:22 - 00:33:55:09
They told me that Facebook is so inconsistent and stuff.
00:33:55:09 - 00:33:57:24
Not anything new. We knew about that. Anyway.
00:33:57:24 - 00:34:02:08
And they told me also that they have some ads,
00:34:02:08 - 00:34:04:06
but they're not doing well and stuff.
00:34:04:06 - 00:34:06:05
And I asked him who is doing them now
00:34:06:05 - 00:34:08:11
because apparently I wasn't doing them
00:34:08:11 - 00:34:10:09
because we stopped the cooperation
00:34:10:09 - 00:34:15:11
and she told me that "I found the person who is doing them for free
00:34:15:11 - 00:34:18:21
and when we will have some good results,
00:34:18:21 - 00:34:25:06
then I'm going to start paying him or her, blah blah"
00:34:25:06 - 00:34:30:08
So, I told them that I wish them the best and that was it.
00:34:30:08 - 00:34:32:22
By the way, with me, her ads were profitable
00:34:32:22 - 00:34:39:04
but she didn't want to pay my fee so that was the issue.
00:34:39:04 - 00:34:42:15
So she went with someone else and the ads are not profitable now.
00:34:42:15 - 00:34:46:04
And it's not about that.
00:34:46:04 - 00:34:48:03
It's about the mentality.
00:34:48:03 - 00:34:49:18
And it's not about the fact that she didn't want
00:34:49:18 - 00:34:52:02
to pay me the fee and everything.
00:34:52:02 - 00:34:53:11
That's totally fine.
00:34:53:11 - 00:34:58:10
But the mentality that I'm taking someone who doesn't get paid,
00:34:58:10 - 00:35:03:10
it means that this person is actually getting paid with another way.
00:35:03:10 - 00:35:04:07
What is this way?
00:35:04:07 - 00:35:06:16
That he's getting experience from your account.
00:35:06:16 - 00:35:08:15
He's spending your money in order to learn.
00:35:08:15 - 00:35:11:05
That means that he doesn't know enough.
00:35:11:05 - 00:35:12:22
Do you think that a person like me
00:35:12:22 - 00:35:14:05
who has the experience that it has,
00:35:14:05 - 00:35:16:14
it's going to work for someone for free?
00:35:16:14 - 00:35:20:00
There's no way, because I know who I am.
00:35:20:00 - 00:35:21:22
I know what kind of results I have.
00:35:21:22 - 00:35:23:16
I'm not going to work with someone for free.
00:35:23:16 - 00:35:27:04
Who is going to work with someone for free?
00:35:27:04 - 00:35:30:00
Someone who doesn't know and wants to learn.
00:35:30:00 - 00:35:32:19
Of course, if I was starting right now, I would start.
00:35:32:19 - 00:35:34:24
I would work for someone for free so that I can learn,
00:35:34:24 - 00:35:38:01
because I don't have $10.000 to spend
00:35:38:01 - 00:35:40:24
or my own business to spend the money so that I can learn.
00:35:40:24 - 00:35:45:21
I learnt, for example, in my own account in my own ecommerce business.
00:35:45:21 - 00:35:49:22
Later, I learned also more by spending others people money.
00:35:49:22 - 00:35:51:16
But my initiation was this.
00:35:51:16 - 00:35:54:22
If someone doesn't know, how is he going to be initiated?
00:35:54:22 - 00:35:56:12
OK, you look, a course and everything.
00:35:56:12 - 00:35:58:04
How is he going to be initiated?
00:35:58:04 - 00:36:01:04
Of course, he's going to offer his services for free.
00:36:01:04 - 00:36:02:05
Makes total sense.
00:36:02:05 - 00:36:05:15
But this for a company that is actually profitable
00:36:05:15 - 00:36:07:03
and they are having results.
00:36:07:03 - 00:36:09:09
Let's say that you are startup, OK?
00:36:09:09 - 00:36:11:16
And you don't have any results.
00:36:11:16 - 00:36:12:14
Totally fine.
00:36:12:14 - 00:36:15:22
Take someone. Maybe they're going to crack the code or whatever.
00:36:15:22 - 00:36:17:10
Maybe it's going to be for free.
00:36:17:10 - 00:36:20:03
When you feel ready, go to someone who is paid. Fine.
00:36:20:03 - 00:36:21:21
But you have a company which is working.
00:36:21:21 - 00:36:24:03
You have a freelancer, which was me,
00:36:24:03 - 00:36:26:12
that was having results profitable and stuff,
00:36:26:12 - 00:36:28:05
but you're not happy with his fee.
00:36:28:05 - 00:36:31:01
Totally fine. Move with someone with a smaller fee
00:36:31:01 - 00:36:36:18
or someone that you think that you can find an alternative
00:36:36:18 - 00:36:38:19
of doing it in a cheaper way.
00:36:38:19 - 00:36:43:05
OK, but not taking someone who maybe has zero experience.
00:36:43:05 - 00:36:46:08
He is lying to you, telling you that he's having experience
00:36:46:08 - 00:36:48:02
and he's working for free.
00:36:48:02 - 00:36:50:04
I think that this is the wrong mentality.
00:36:50:04 - 00:36:55:15
And I think that if someone doesn't understand it
00:36:55:15 - 00:36:57:04
from a business perspective,
00:36:57:04 - 00:37:00:16
then most probably he's never going to have a successful business after all.
00:37:00:16 - 00:37:02:14
Anyway.
00:37:02:14 - 00:37:07:04
So next thing. Post IDs.
00:37:07:04 - 00:37:10:16
I have a print screen over here.
00:37:10:16 - 00:37:19:10
I would love to show you the amount that I have spent in this period.
00:37:19:10 - 00:37:22:21
No, actually this print, this print screen,
00:37:22:21 - 00:37:27:10
it's all about the ads and how they're spending in order to prove that
00:37:27:10 - 00:37:34:05
they're not spending more from what they should, but...
00:37:34:05 - 00:37:35:23
Or not.
00:37:35:23 - 00:37:41:17
I'm lost a little bit here. Just let me see my notes.
00:37:41:17 - 00:37:42:15
Yeah, yeah.
00:37:42:15 - 00:37:46:05
So no, the print screen is for this one.
00:37:46:05 - 00:37:50:11
So basically this is about the post IDs.
00:37:50:11 - 00:37:54:08
This is the amount of money that I have spent during Christmas
00:37:54:08 - 00:37:58:24
and it was a business that I was running only ads for post IDs.
00:37:58:24 - 00:38:01:12
So the way that this is working is that
00:38:01:12 - 00:38:04:08
let's say that you are having a very good, successful campaign
00:38:04:08 - 00:38:07:11
and you're running it with dynamic ads.
00:38:07:11 - 00:38:09:10
Whenever you are breaking down the results
00:38:09:10 - 00:38:14:18
and by the way, the breakdown of results is back.
00:38:14:18 - 00:38:16:22
You can go, you can break down the results
00:38:16:22 - 00:38:20:14
not only on the dynamic, but you can also go
00:38:20:14 - 00:38:23:19
and you can see not only which ads are working on the dynamic,
00:38:23:19 - 00:38:28:03
but which kind of ages are having the sales and everything.
00:38:28:03 - 00:38:29:22
Just a little bit of context.
00:38:29:22 - 00:38:32:09
The breakdown of results is next to your column
00:38:32:09 - 00:38:35:02
and you can go there and you can check, for example,
00:38:35:02 - 00:38:37:19
which ages had the most sales.
00:38:37:19 - 00:38:39:03
What's the difference?
00:38:39:03 - 00:38:42:08
After the iOS, before the iOS we had the same situation,
00:38:42:08 - 00:38:46:13
but after the iOS they removed that and you were not able to see,
00:38:46:13 - 00:38:50:13
for example, that you had 5 sales on the ages between 18 to 25,
00:38:50:13 - 00:38:53:00
25 sales between the ages of this and that.
00:38:53:00 - 00:38:56:16
The only thing that you could see it was the spend.
00:38:56:16 - 00:38:59:18
And if your campaign was profitable, you were just following the money.
00:38:59:18 - 00:39:02:18
Wherever it was spending more, it means that this is the one
00:39:02:18 - 00:39:04:21
that it was the most successful.
00:39:04:21 - 00:39:08:16
But right now you can go and you can see the actual amount of sales
00:39:08:16 - 00:39:12:09
between all of the ages and all of the different demographics,
00:39:12:09 - 00:39:14:12
placements and everything.
00:39:14:12 - 00:39:17:12
And it's going to prove again my theory
00:39:17:12 - 00:39:20:03
that there are no other placements that are working
00:39:20:03 - 00:39:23:00
and Facebook is just stealing some money here and there
00:39:23:00 - 00:39:24:08
on the other placements
00:39:24:08 - 00:39:27:24
and this is why they're pushing the automatic placement option,
00:39:27:24 - 00:39:32:22
so that they're going to just take some cents in all of the other placements
00:39:32:22 - 00:39:36:18
and then they just optimize for the ones that are actually working.
00:39:36:18 - 00:39:40:01
One funny thing that I have seen is that,
00:39:40:01 - 00:39:41:15
and I'm going to make also a video about it,
00:39:41:15 - 00:39:46:18
about the breakdown of results and how to see different things,
00:39:46:18 - 00:39:49:17
is that on Instagram I could see that they were,
00:39:49:17 - 00:39:53:14
they have improved a little bit the Instagram experience and Instagram reels.
00:39:53:14 - 00:39:55:08
They have more sales.
00:39:55:08 - 00:39:58:18
Back in the day before the iOS when you were breaking down the results,
00:39:58:18 - 00:40:01:22
you were having only sales on Facebook feed,
00:40:01:22 - 00:40:03:22
Instagram feed and Instagram stories.
00:40:03:22 - 00:40:07:01
Now I can see, for example, in the 190 sales
00:40:07:01 - 00:40:09:10
and see 5 sales in Instagram Explore.
00:40:09:10 - 00:40:11:07
12 sales in Instagram reels.
00:40:11:07 - 00:40:15:00
There are some sales that are coming also from there,
00:40:15:00 - 00:40:19:08
but of course right column, article and stuff, they still have no sales.
00:40:19:08 - 00:40:22:05
In-stream, they have no sales at all.
00:40:22:05 - 00:40:24:24
So these are not good placements at all.
00:40:24:24 - 00:40:26:21
But of course, Facebook is pushing so much
00:40:26:21 - 00:40:30:06
the concept of automatic placements
00:40:30:06 - 00:40:32:05
because they're making money out of it.
00:40:32:05 - 00:40:34:04
For the extra placements that you're putting,
00:40:34:04 - 00:40:36:21
they're just getting some cents out of it, which again,
00:40:36:21 - 00:40:39:12
if you multiply with all the ad accounts,
00:40:39:12 - 00:40:41:15
with all the campaigns that are being created and everything,
00:40:41:15 - 00:40:44:02
it's a lot of money for them and this is why
00:40:44:02 - 00:40:49:15
they push so much this situation.
00:40:49:15 - 00:40:52:06
Now back to our topic.
00:40:52:06 - 00:40:54:15
After you have a CBO campaign and you breakdown the results
00:40:54:15 - 00:40:58:02
and you see which creatives are working, which copy is working,
00:40:58:02 - 00:41:00:00
you can go and you can make a post out of it
00:41:00:00 - 00:41:03:20
and then you can start advertising by using existing posts.
00:41:03:20 - 00:41:05:02
So what are you having now?
00:41:05:02 - 00:41:06:15
You're having two different branches.
00:41:06:15 - 00:41:08:22
One branch is going to be your dynamic ads,
00:41:08:22 - 00:41:11:00
which you are starting with, OK?
00:41:11:00 - 00:41:12:16
You are starting with your dynamic ads
00:41:12:16 - 00:41:14:19
and you are keeping them as your base.
00:41:14:19 - 00:41:18:00
This is your spend, your minimum spend that you're going to have.
00:41:18:00 - 00:41:21:02
If they are working very well, scale them a little bit, it's fine.
00:41:21:02 - 00:41:23:07
But after that, after some period when you have results,
00:41:23:07 - 00:41:26:22
you go and you create a second branch, which is actually the post IDs.
00:41:26:22 - 00:41:28:17
So this one is working with the creative
00:41:28:17 - 00:41:31:21
and this one is going to work with the social proof.
00:41:31:21 - 00:41:33:21
Because you know that you're having here a good creative,
00:41:33:21 - 00:41:35:16
that it was tested extensively.
00:41:35:16 - 00:41:38:13
This is why we say about dynamic ads that we are testing it,
00:41:38:13 - 00:41:40:13
we're having sales at the same time
00:41:40:13 - 00:41:42:18
and you are having also a post ID over here,
00:41:42:18 - 00:41:45:00
which it was created from the best creative
00:41:45:00 - 00:41:47:18
and the best copy as a post.
00:41:47:18 - 00:41:50:19
So this post stays there and all of the comment and everything
00:41:50:19 - 00:41:52:19
that people are going to put,
00:41:52:19 - 00:41:56:00
it's staying there and the more it's getting,
00:41:56:00 - 00:41:59:12
the more it's getting data, the more it's becoming bigger and bigger.
00:41:59:12 - 00:42:04:05
And that means that then you're having the social proof to scale.
00:42:04:05 - 00:42:07:04
So this is your base with your normal dynamic ads
00:42:07:04 - 00:42:09:19
and then this is your scaling, this is how you start scaling.
00:42:09:19 - 00:42:12:16
The more your post is becoming better, the more you scale it
00:42:12:16 - 00:42:16:20
with more campaigns or by scaling the budget of the campaign or whatever.
00:42:16:20 - 00:42:18:12
You scale, scale, scale.
00:42:18:12 - 00:42:23:17
And this is how I structured my campaigns on this one
00:42:23:17 - 00:42:29:02
and I spent just on December 450k in this account
00:42:29:02 - 00:42:34:10
while it was spending only 200k in the previous month.
00:42:34:10 - 00:42:37:19
I'm not saying that this was an account of 5k spending, OK?
00:42:37:19 - 00:42:39:02
It was spending 200k.
00:42:39:02 - 00:42:41:05
Of course, it's my account for the past two years, OK?
00:42:41:05 - 00:42:44:09
I have reached to this point, but this is the way
00:42:44:09 - 00:42:48:16
that I managed to scale it by just...
00:42:48:16 - 00:42:52:15
Not inflating. By just building posts and...
00:42:52:15 - 00:42:58:14
And actually I realized by that that the post IDs are very important
00:42:58:14 - 00:43:00:17
because they're helping you a lot
00:43:00:17 - 00:43:04:03
and a lot of things on Facebook is about credibility.
00:43:04:03 - 00:43:07:06
So you have the good creative, which is one thing.
00:43:07:06 - 00:43:09:11
You have the different products that you can have,
00:43:09:11 - 00:43:11:17
which is another thing that can help you scale.
00:43:11:17 - 00:43:15:02
But also another thing that can help you scale, which is the third thing.
00:43:15:02 - 00:43:17:04
It's not only the creatives and the different aspects
00:43:17:04 - 00:43:19:04
that you have for penetration in the market.
00:43:19:04 - 00:43:22:01
It's not the different placements and the settings that you do
00:43:22:01 - 00:43:26:00
with different campaigns, but it's also the credibility.
00:43:26:00 - 00:43:29:18
So this is the third pylon, which is actually the credibility
00:43:29:18 - 00:43:31:03
that you have in the post IDs.
00:43:31:03 - 00:43:33:11
After you have good results with your creatives,
00:43:33:11 - 00:43:37:10
you integrate them to post IDs and then you start scaling with those.
00:43:37:10 - 00:43:41:04
This is your base and this is your, some of your scaling,
00:43:41:04 - 00:43:43:07
but this is your ultimate scaling.
00:43:43:07 - 00:43:47:03
So, which is the post IDs, and this is the proof here.
00:43:47:03 - 00:43:49:20
Of course, we're going to make a video also about it,
00:43:49:20 - 00:43:52:24
explaining a little bit more.
00:43:52:24 - 00:43:54:03
Now.
00:43:54:03 - 00:43:56:19
Let's go to your comments, OK?
00:43:56:19 - 00:43:58:22
And let's start explaining.
00:43:58:22 - 00:44:03:12
So, first comment, it's coming from YouTube.
00:44:03:12 - 00:44:05:06
"Thanks for sharing your great method."
00:44:05:06 - 00:44:07:20
He's talking about the Crazy Method.
00:44:07:20 - 00:44:10:10
Guys, thank you so much for the love
00:44:10:10 - 00:44:12:10
that you show for Crazy Method.
00:44:12:10 - 00:44:14:05
I also love it.
00:44:14:05 - 00:44:18:00
It's such a good method.
00:44:18:00 - 00:44:20:15
It goes with everything.
00:44:20:15 - 00:44:22:15
It's like ketchup, goes with everything.
00:44:22:15 - 00:44:25:16
"I'm curious with experience leads.
00:44:25:16 - 00:44:31:11
I'm curious with experience leads you to..."
00:44:31:11 - 00:44:32:04
Sorry.
00:44:32:04 - 00:44:35:22
"I'm curious which experience leads you to
00:44:35:22 - 00:44:38:05
the decision to duplicate the CBO to scale
00:44:38:05 - 00:44:41:06
instead of increasing the the budget like 20% every day
00:44:41:06 - 00:44:43:04
if ROAS is healthy.
00:44:43:04 - 00:44:47:08
I would keep the ad set in the landing, in the learning phase,
00:44:47:08 - 00:44:50:24
but if you duplicate, you always start the learning phase.
00:44:50:24 - 00:44:55:16
I'd appreciate your insights, to share your insight."
00:44:55:16 - 00:45:00:21
So, let me tell you how the Crazy Method was actually created.
00:45:00:21 - 00:45:03:06
What is the Crazy Method, first of all?
00:45:03:06 - 00:45:05:01
I have videos you can see,
00:45:05:01 - 00:45:06:15
we are going to put links on the description,
00:45:06:15 - 00:45:10:22
but the Crazy Method is all about I'm having one ad set
00:45:10:22 - 00:45:13:15
with specific settings, interest, whatever,
00:45:13:15 - 00:45:17:05
the specific creatives and everything, and I'm seeing that it's working.
00:45:17:05 - 00:45:22:20
Instead of me scaling this ad set, I'm duplicating it several times.
00:45:22:20 - 00:45:25:02
I'm putting it in a CBO campaign,
00:45:25:02 - 00:45:29:05
and then I'm trying to make them compete with each other
00:45:29:05 - 00:45:31:23
so that I can do...
00:45:31:23 - 00:45:36:15
So that I can be able to spend in this specific thing that is working faster.
00:45:36:15 - 00:45:40:09
So how was the Crazy Method created?
00:45:40:09 - 00:45:44:09
First of all, I was watching...
00:45:44:09 - 00:45:47:24
Just so you know, the Crazy Method is two or three years old method.
00:45:47:24 - 00:45:52:11
And it's like the Einstein's theory, the relativity.
00:45:52:11 - 00:45:54:24
Not that it's that clever.
00:45:54:24 - 00:45:57:24
You will understand what I mean.
00:45:57:24 - 00:46:00:00
Einstein, when he was making his theory,
00:46:00:00 - 00:46:04:03
he couldn't prove them with actual experiments,
00:46:04:03 - 00:46:06:15
but in theory, in mathematics they were working.
00:46:06:15 - 00:46:09:04
The same thing happened with the Crazy Method.
00:46:09:04 - 00:46:12:23
For some reason, I thought that it was logical to do it like this,
00:46:12:23 - 00:46:15:16
but I couldn't prove everything until the next years
00:46:15:16 - 00:46:21:13
I started to be able to, for example, spend $1 million
00:46:21:13 - 00:46:25:06
in just one ad set with a broad targeting
00:46:25:06 - 00:46:28:08
and understand a lot of things that we're going to analyze soon.
00:46:28:08 - 00:46:32:20
So the idea was this.
00:46:32:20 - 00:46:34:05
I'm having one ad set, for example,
00:46:34:05 - 00:46:37:22
which is, targeting 80 million people.
00:46:37:22 - 00:46:41:17
And on this 80 million people, I'm having very good results.
00:46:41:17 - 00:46:45:15
So instead of doing 20% and moving slowly,
00:46:45:15 - 00:46:48:09
how can I do it, how can I do it faster?
00:46:48:09 - 00:46:51:06
OK? Because even if you have one ad set
00:46:51:06 - 00:46:54:19
and you spend, let's say $10.000 dollars, $20.000 to it,
00:46:54:19 - 00:46:56:13
when you go and you see the reach
00:46:56:13 - 00:46:59:19
that you had out of the 50 million, this is nothing.
00:46:59:19 - 00:47:01:24
So you say "I'm just scratching the surface over here.
00:47:01:24 - 00:47:07:00
I'm not targeting enough out of it and this has very good potential."
00:47:07:00 - 00:47:08:21
So what I have done is that I thought
00:47:08:21 - 00:47:10:03
"What if I duplicate it?"
00:47:10:03 - 00:47:13:23
It's a very simple thought but at the end of the day,
00:47:13:23 - 00:47:18:12
after thinking of it more and just try to make more changes to it,
00:47:18:12 - 00:47:22:11
the CBO campaign came later to it as introduction
00:47:22:11 - 00:47:25:06
because at the start the CBO campaign started like
00:47:25:06 - 00:47:29:05
"OK, I have an ABO. This is working, I'm going to duplicate the ad set
00:47:29:05 - 00:47:32:13
and I'm going to do this time instead of 100, 200.
00:47:32:13 - 00:47:34:05
And then I'm going to duplicate this ad set,
00:47:34:05 - 00:47:37:19
if it is working again, with 200 and I'm going to start it with 500."
00:47:37:19 - 00:47:39:02
And so on and so on.
00:47:39:02 - 00:47:41:22
But the situation was that a lot of times
00:47:41:22 - 00:47:43:14
when you were having this,
00:47:43:14 - 00:47:47:17
you were not able to scale those data aggressively, OK?
00:47:47:17 - 00:47:53:19
You were scaling like that, but Facebook was stopping you.
00:47:53:19 - 00:47:54:23
Then the CBO came.
00:47:54:23 - 00:47:58:03
The CBO was not good at the start,
00:47:58:03 - 00:48:01:12
but later the CBO was always winning the ABO campaign.
00:48:01:12 - 00:48:03:18
So I said "OK, let's put them all in CBO"
00:48:03:18 - 00:48:06:12
because we were doing CBOs anyway at that point
00:48:06:12 - 00:48:08:04
and we were having good results.
00:48:08:04 - 00:48:10:09
And this is how the Crazy Method started.
00:48:10:09 - 00:48:14:03
Because it wasn't super fast with the other way,
00:48:14:03 - 00:48:18:05
I took the integration of all of the ad sets that they are working
00:48:18:05 - 00:48:20:18
and then I started realizing things.
00:48:20:18 - 00:48:23:00
What was the things that I was realizing?
00:48:23:00 - 00:48:27:14
First of all, I started seeing that by doing that,
00:48:27:14 - 00:48:29:12
the ads compete with each other.
00:48:29:12 - 00:48:32:05
You are having the CBOs competing with each other
00:48:32:05 - 00:48:35:09
and then you have the luxury of closing the ones
00:48:35:09 - 00:48:38:11
that they are not working and keeping the ones that they are working.
00:48:38:11 - 00:48:42:00
By the way, my argument always with Facebook was this.
00:48:42:00 - 00:48:44:18
Why did you invent it, CBO,
00:48:44:18 - 00:48:47:22
if you are all about consolidation?
00:48:47:22 - 00:48:50:01
You could still have the ABO.
00:48:50:01 - 00:48:51:22
So the CBO...
00:48:51:22 - 00:48:57:05
I hope that they are not going to stop CBO, out of that remark,
00:48:57:05 - 00:49:02:23
but the CBO is all about having a budget for a lot of ad sets.
00:49:02:23 - 00:49:05:07
So if you're all about consolidation,
00:49:05:07 - 00:49:09:05
why did you invent CBO?
00:49:09:05 - 00:49:11:11
So and CBO is always winning.
00:49:11:11 - 00:49:13:06
So for me it was a no go
00:49:13:06 - 00:49:16:05
to have a consolidated method with one ad set.
00:49:16:05 - 00:49:17:20
The other thing with the one ad set
00:49:17:20 - 00:49:20:07
it was that even when you scale it a lot of times,
00:49:20:07 - 00:49:22:20
we have explained the concept of the bell,
00:49:22:20 - 00:49:25:12
of ad sets having just a breaking point
00:49:25:12 - 00:49:28:08
when you scale them a lot and then they are starting losing ROAS.
00:49:28:08 - 00:49:33:20
So you need to find the soft spot that they're going to be able,
00:49:33:20 - 00:49:37:07
that they're going to be actually able to spend
00:49:37:07 - 00:49:41:11
as much as you can so that you're not going to start losing ROAS.
00:49:41:11 - 00:49:43:04
Another thing which is problematic is that
00:49:43:04 - 00:49:47:02
when you start an ad set with $20 and you scale by 20%,
00:49:47:02 - 00:49:51:03
you're just scaling with $4, which is problematic.
00:49:51:03 - 00:49:55:20
If you want to scale from 20 to 40, it's 100%.
00:49:55:20 - 00:50:00:00
For our minds is not a lot, but for Facebook is 100% raise.
00:50:00:00 - 00:50:01:17
So what are you going to do?
00:50:01:17 - 00:50:05:23
You can take all of them and if you're getting a cost per purchase of $20,
00:50:05:23 - 00:50:13:05
you're just putting a $200 campaign and you're putting 10 ad sets to it.
00:50:13:05 - 00:50:14:08
It's much better.
00:50:14:08 - 00:50:15:17
It's moving faster.
00:50:15:17 - 00:50:20:05
And then it was the realization of hot pockets.
00:50:20:05 - 00:50:21:09
What is hot pockets?
00:50:21:09 - 00:50:24:06
And of course, the randomness of the initial results.
00:50:24:06 - 00:50:25:07
What did I see?
00:50:25:07 - 00:50:28:19
I see that when I was starting one ad set on Monday
00:50:28:19 - 00:50:30:06
and then I was starting another,
00:50:30:06 - 00:50:33:11
the same ad set on Friday or the same ad sets on Saturday,
00:50:33:11 - 00:50:35:18
the results were completely different.
00:50:35:18 - 00:50:38:21
So I started realizing that there's a randomness of the initial results,
00:50:38:21 - 00:50:40:22
because if the initial customer is Konstantinos
00:50:40:22 - 00:50:42:15
and it's an actually good lead,
00:50:42:15 - 00:50:44:13
then it's going to find good people like Konstantinos.
00:50:44:13 - 00:50:47:02
But if randomly it didn't find the sale
00:50:47:02 - 00:50:49:04
because it was a bad day for Facebook.
00:50:49:04 - 00:50:53:08
It found the sale, but it wasn't such a good lead as a customer.
00:50:53:08 - 00:50:55:16
It was just a random thing.
00:50:55:16 - 00:51:00:08
Then your results are not going to continue being good.
00:51:00:08 - 00:51:02:20
Another thing that I realized is the hot pockets,
00:51:02:20 - 00:51:04:23
that you can have hot pockets
00:51:04:23 - 00:51:08:19
that they are being created within very big interests
00:51:08:19 - 00:51:12:15
and these hot pockets based on the randomness of the initial results
00:51:12:15 - 00:51:15:06
also helping you to have good results or bad results.
00:51:15:06 - 00:51:18:19
Some hot pockets are stronger, some hot pockets are not so strong.
00:51:18:19 - 00:51:21:22
So what you're doing is that when you're having an ABO campaign
00:51:21:22 - 00:51:24:13
and you are forming a hot pocket by just having your budget
00:51:24:13 - 00:51:26:22
and playing with it, increasing it or not,
00:51:26:22 - 00:51:30:00
it really depends on how strong the hot pocket is going to be.
00:51:30:00 - 00:51:31:16
And how are you going to be able,
00:51:31:16 - 00:51:33:03
what if you are unlucky, for example,
00:51:33:03 - 00:51:37:00
and your one ABO ad set is going to be a bad ad set?
00:51:37:00 - 00:51:38:14
What are you going to do about it?
00:51:38:14 - 00:51:40:09
With the CBO campaign and the Crazy Method,
00:51:40:09 - 00:51:42:09
you are actually having substitutes.
00:51:42:09 - 00:51:43:24
If something is not working, you close it
00:51:43:24 - 00:51:46:00
and you have the others that are going to continue
00:51:46:00 - 00:51:47:14
and so on and so on.
00:51:47:14 - 00:51:52:18
And the last thing that actually made me think about the Crazy Method
00:51:52:18 - 00:51:57:08
and I said "OK, this is why it's working,"
00:51:57:08 - 00:52:02:15
it happened in the previous year when I had,
00:52:02:15 - 00:52:04:03
when I had the credit from Facebook,
00:52:04:03 - 00:52:08:01
there is also a video about it on Facebook, on YouTube
00:52:08:01 - 00:52:11:23
that I spent 1 million in just one ad set and in this one ad set
00:52:11:23 - 00:52:15:17
I could see that out of the 100 million that we were targeting,
00:52:15:17 - 00:52:20:19
we targeted only 10 million, which is nothing, OK?
00:52:20:19 - 00:52:27:11
So I realized that in order for you to be able to target very fast
00:52:27:11 - 00:52:30:23
in a very small period a lot of people,
00:52:30:23 - 00:52:32:14
you need to do it with a Crazy Method,
00:52:32:14 - 00:52:35:00
because the other one, apparently even after spending 1 million
00:52:35:00 - 00:52:38:20
it just targeted 10 million people, which is crazy,
00:52:38:20 - 00:52:39:10
which is crazy.
00:52:39:10 - 00:52:45:17
It's just a 10% of it, which leads to other...
00:52:45:17 - 00:52:48:00
to other thoughts like that Facebook is lying about
00:52:48:00 - 00:52:51:03
the potential reach of the audiences, that they actually exist and stuff.
00:52:51:03 - 00:52:54:02
But let's not go into that again.
00:52:54:02 - 00:52:56:20
So this is how the Crazy Method was born
00:52:56:20 - 00:53:00:15
and since that I have learned to understand it more,
00:53:00:15 - 00:53:02:16
to optimize more than a CBO campaign.
00:53:02:16 - 00:53:06:06
I have a philosophy about how many ad sets you should have,
00:53:06:06 - 00:53:08:02
how you can optimize them,
00:53:08:02 - 00:53:11:14
how you can drop the budget after you close a lot
00:53:11:14 - 00:53:14:10
and you don't want to disturb the balance and so on.
00:53:14:10 - 00:53:16:22
These are all on my videos on YouTube
00:53:16:22 - 00:53:18:14
and of course, on the course we have
00:53:18:14 - 00:53:22:03
much much much more on manual bidding,
00:53:22:03 - 00:53:27:06
which is more advanced and on optimization on the Crazy Method.
00:53:27:06 - 00:53:31:02
But yes, the Crazy Method is also something that is working for everyone
00:53:31:02 - 00:53:34:04
because it's all about finding something that is working well
00:53:34:04 - 00:53:35:10
and then try to scale it.
00:53:35:10 - 00:53:40:02
The scaling method and based on your comments,
00:53:40:02 - 00:53:42:22
I can see that it's working very well for a lot of people
00:53:42:22 - 00:53:45:22
that they don't even have a lot of experience.
00:53:45:22 - 00:53:48:12
So if you haven't seen the video, go check it.
00:53:48:12 - 00:53:52:22
But this is how the Crazy Method was born and this is how...
00:53:52:22 - 00:53:55:24
And this is how and why it's working.
00:53:55:24 - 00:53:59:18
Now, we have a lot of questions about Advantage+ campaigns
00:53:59:18 - 00:54:03:01
and of course, it makes sense because Advantage+ is here
00:54:03:01 - 00:54:04:15
and it is working very well.
00:54:04:15 - 00:54:09:08
It says... Leyton here says "Thanks for the video.
00:54:09:08 - 00:54:11:09
Will this work for new pixels?
00:54:11:09 - 00:54:13:18
This will be my first ad campaign and I'm not sure
00:54:13:18 - 00:54:19:03
whether I should do Advantage+ or the manual conversion campaign."
00:54:19:03 - 00:54:20:20
Good question.
00:54:20:20 - 00:54:25:02
I had some new accounts after the Advantage+ was created.
00:54:25:02 - 00:54:27:20
I tested it. I can tell you that it's working
00:54:27:20 - 00:54:30:17
even on new accounts and on new pixels.
00:54:30:17 - 00:54:33:13
The only problem is the budget.
00:54:33:13 - 00:54:35:11
I don't like the Advantage+ campaigns
00:54:35:11 - 00:54:38:06
that they run with $20 or $30 per day.
00:54:38:06 - 00:54:40:02
My minimum that I would go with that
00:54:40:02 - 00:54:42:07
it would be 100 per day.
00:54:42:07 - 00:54:45:23
So if you have this budget, yes, start with Advantage+
00:54:45:23 - 00:54:48:09
and see if it's going to work or not.
00:54:48:09 - 00:54:51:02
I think it's very good because you will have also very low CPMs.
00:54:51:02 - 00:54:53:06
I have seen it working also with new pixels,
00:54:53:06 - 00:54:56:12
so for me it's something that you should try.
00:54:56:12 - 00:54:58:02
Second question.
00:54:58:02 - 00:55:01:06
"Is it better to include one product category in one campaign
00:55:01:06 - 00:55:07:05
or use several categories like one ad set for watches, another for books?"
00:55:07:05 - 00:55:08:01
It doesn't mean ad set.
00:55:08:01 - 00:55:12:04
He means ads, ad most probably.
00:55:12:04 - 00:55:14:19
"All in one campaign."
00:55:14:19 - 00:55:16:21
So I have done it a lot of times.
00:55:16:21 - 00:55:22:08
First of all, I do Advantage+ with different products in the ad level.
00:55:22:08 - 00:55:25:11
I do Advantage+ with different post IDs.
00:55:25:11 - 00:55:28:04
I do Advantage+ with the same product.
00:55:28:04 - 00:55:35:15
For me, it's a very good way of actually using Advantage+
00:55:35:15 - 00:55:37:06
with different products and stuff.
00:55:37:06 - 00:55:38:15
Two remarks to that.
00:55:38:15 - 00:55:44:15
I wouldn't use a catalog and something else.
00:55:44:15 - 00:55:47:21
Some normal ad or post ID or whatever.
00:55:47:21 - 00:55:51:13
The catalog tends to take all the budget on the Advantage+.
00:55:51:13 - 00:55:54:01
So if you want to use catalogs, I would use catalogs
00:55:54:01 - 00:55:57:16
with different product sets in Advantage+, but not...
00:55:57:16 - 00:55:59:18
But anything else that you're going to do,
00:55:59:18 - 00:56:02:08
Facebook is going to spend all the money on the catalog.
00:56:02:08 - 00:56:05:06
Second thing is that in Advantage+
00:56:05:06 - 00:56:06:23
the thing that you need to focus and see,
00:56:06:23 - 00:56:08:20
and I have told this many times,
00:56:08:20 - 00:56:14:05
is that it's focusing on three ads and mostly on one.
00:56:14:05 - 00:56:17:09
So this one ad is going to take most of the budget
00:56:17:09 - 00:56:18:22
and if it's working, it's totally fine.
00:56:18:22 - 00:56:21:16
But it doesn't mean that this is the best ad
00:56:21:16 - 00:56:23:15
that you're having in your Advantage+.
00:56:23:15 - 00:56:26:09
So what I want you to do, and this is what I'm doing also,
00:56:26:09 - 00:56:28:05
and I'm scaling accounts like this,
00:56:28:05 - 00:56:31:06
is that you have one campaign which is working,
00:56:31:06 - 00:56:32:06
perfect.
00:56:32:06 - 00:56:33:21
Leave it with this one, don't touch it.
00:56:33:21 - 00:56:35:14
Even if you want, you can scale it.
00:56:35:14 - 00:56:37:22
Advantage+, by the way, it's working very well with scaling,
00:56:37:22 - 00:56:42:01
so you can go from 500 to 700, 700 to 1000.
00:56:42:01 - 00:56:45:08
It doesn't influence it as much as it's influencing
00:56:45:08 - 00:56:47:19
when you do it in a CBO campaign.
00:56:47:19 - 00:56:51:01
And the reason for that is because it's focusing on one ad,
00:56:51:01 - 00:56:54:10
so it's not changing the balance of the campaign
00:56:54:10 - 00:56:56:21
in the way that we know to optimize our CBO campaigns
00:56:56:21 - 00:56:59:08
for Crazy Method and for the other methods.
00:56:59:08 - 00:57:00:23
The thing here is this.
00:57:00:23 - 00:57:03:15
You might have also other good creatives or other post IDs
00:57:03:15 - 00:57:05:11
that are working very well.
00:57:05:11 - 00:57:06:20
What you need to do in this case is
00:57:06:20 - 00:57:09:09
you need to duplicate your Advantage+ which is working
00:57:09:09 - 00:57:13:23
and this time don't include the ad that it's actually working
00:57:13:23 - 00:57:15:11
in the one that you have before.
00:57:15:11 - 00:57:16:23
So what do you have now?
00:57:16:23 - 00:57:18:06
You have two Advantage+ campaigns
00:57:18:06 - 00:57:19:22
and you are testing the other creatives also
00:57:19:22 - 00:57:21:02
to see if they're working well.
00:57:21:02 - 00:57:24:01
If another one is working also there, duplicate it again
00:57:24:01 - 00:57:28:21
and go for a third one by also excluding the creative
00:57:28:21 - 00:57:31:01
that has actually worked on the second.
00:57:31:01 - 00:57:33:04
I can tell you that I have seen campaigns
00:57:33:04 - 00:57:36:06
that they are focusing on just one, but when I was duplicating,
00:57:36:06 - 00:57:39:04
I was finding also other winner post IDs or creatives
00:57:39:04 - 00:57:43:19
that they were working and this helped me a lot to scale, OK?
00:57:43:19 - 00:57:46:04
So whenever you do a new Advantage+,
00:57:46:04 - 00:57:47:17
it doesn't mean that you have to reinvent the wheel
00:57:47:17 - 00:57:50:00
or find all of the new creatives and stuff.
00:57:50:00 - 00:57:52:14
Test also if the other ones that they're not spending
00:57:52:14 - 00:57:55:01
because this is how Advantage+ is working.
00:57:55:01 - 00:57:58:05
They are also good creatives.
00:57:58:05 - 00:58:00:11
We will make also a video about that.
00:58:00:11 - 00:58:04:16
Now, it says "Hi, can you get results with this campaign
00:58:04:16 - 00:58:07:03
at a lower budget $10 to $20 a day?
00:58:07:03 - 00:58:10:13
With a small budget should still have a bunch of ads.
00:58:10:13 - 00:58:11:19
Thanks in advance."
00:58:11:19 - 00:58:16:03
If you do $20 to $30, which I suggest you not to do,
00:58:16:03 - 00:58:19:05
I would do Advantage+ with catalog, OK?
00:58:19:05 - 00:58:21:22
And try to see if it's going to work like this.
00:58:21:22 - 00:58:26:06
If you don't have a catalog and you want to do normal ads and stuff,
00:58:26:06 - 00:58:30:00
I think it's going to be extremely problematic.
00:58:30:00 - 00:58:32:21
Do Advantage+, but put one or two ads.
00:58:32:21 - 00:58:34:05
Don't put more than that.
00:58:34:05 - 00:58:37:10
And the other thing is that from my experience,
00:58:37:10 - 00:58:41:14
most of the time if you don't use a catalog in small budgets,
00:58:41:14 - 00:58:49:09
you should do it with 100+ or more, if you are using normal ads.
00:58:49:09 - 00:58:51:03
Now we have more questions.
00:58:51:03 - 00:58:52:23
Here we have a question.
00:58:52:23 - 00:58:56:09
I think it's a series of questions,
00:58:56:09 - 00:58:59:12
answering here and there and let's go.
00:58:59:12 - 00:59:01:19
It says "Hey Konstantinos, great content as always."
00:59:01:19 - 00:59:02:15
Thank you.
00:59:02:15 - 00:59:05:23
"I'm curious. If we have a low budget like 100 per day,
00:59:05:23 - 00:59:09:21
can we try the Crazy Method or the data would be too little?
00:59:09:21 - 00:59:12:17
Again thank you and have a happy New Year."
00:59:12:17 - 00:59:16:01
My answer "Hi. Of course, you can try 100 per day.
00:59:16:01 - 00:59:17:14
It's enough for Crazy Method campaign.
00:59:17:14 - 00:59:20:04
I'm doing it also all the time in new accounts.
00:59:20:04 - 00:59:24:01
I have a video for a new pixel case study.
00:59:24:01 - 00:59:27:07
it is a video with a new pixel and how I scaled it
00:59:27:07 - 00:59:32:04
with Crazy Method and everything since day one, OK?
00:59:32:04 - 00:59:34:23
It was a completely new pixel.
00:59:34:23 - 00:59:37:14
And I have also another video that I'm talking about Crazy Method
00:59:37:14 - 00:59:41:09
and having $50 per day with 4-5 ad sets.
00:59:41:09 - 00:59:44:12
Of course, this really depends also on what you're selling.
00:59:44:12 - 00:59:47:06
If you're selling T-shirts, whatever and stuff,
00:59:47:06 - 00:59:52:23
it's completely different from selling a refrigerator unit.
00:59:52:23 - 00:59:55:00
But I say here that I need to point out that
00:59:55:00 - 00:59:56:21
the Crazy Method is mostly a scaling method
00:59:56:21 - 00:59:58:09
and this is true.
00:59:58:09 - 01:00:01:12
It doesn't mean that I'm not starting accounts with a Crazy Method.
01:00:01:12 - 01:00:04:15
But most of the times in order for you to use the Crazy Method,
01:00:04:15 - 01:00:08:16
you need to have a stimulation of understanding
01:00:08:16 - 01:00:11:04
which ad set is really worth to go on the Crazy Method.
01:00:11:04 - 01:00:13:03
So yes, it's a scaling method.
01:00:13:03 - 01:00:14:13
And then he says
01:00:14:13 - 01:00:17:21
"I see. The problem is that especially in Advantage+
01:00:17:21 - 01:00:20:05
my catalog ad spends all the budget."
01:00:20:05 - 01:00:22:00
True, as we said earlier.
01:00:22:00 - 01:00:27:24
"And when it's like 100 per day and it brings greater results,
01:00:27:24 - 01:00:32:05
but I can't test the other creatives or the Crazy Method on the catalog.
01:00:32:05 - 01:00:35:21
I hope I can have the budget to scale and check it on next month.
01:00:35:21 - 01:00:36:24
Thank you very much."
01:00:36:24 - 01:00:40:24
And then I tell him, "Well, if it has great results,
01:00:40:24 - 01:00:43:13
do another one with 100 without the catalog."
01:00:43:13 - 01:00:46:15
The thing that we were discussing earlier.
01:00:46:15 - 01:00:50:08
And he says "That seems to be a great decision.
01:00:50:08 - 01:00:53:04
Too bad the client doesn't want to spend.
01:00:53:04 - 01:00:54:09
Anyway. Thank you very much."
01:00:54:09 - 01:00:59:02
So if you're a freelancer and your client doesn't want to spend more money,
01:00:59:02 - 01:01:01:13
you just have to accept it, you know?
01:01:01:13 - 01:01:04:18
And even if you see that you can go higher and higher,
01:01:04:18 - 01:01:08:14
it doesn't mean that your client has the same goals as you.
01:01:08:14 - 01:01:13:08
So just do whatever you can with this Advantage+ campaign
01:01:13:08 - 01:01:16:17
and don't, you know, don't try...
01:01:16:17 - 01:01:19:16
In my opinion, if something is working well,
01:01:19:16 - 01:01:23:08
if you have 2.5 ROAS, don't try to make it 3.
01:01:23:08 - 01:01:24:15
Try to see if you can scale with it
01:01:24:15 - 01:01:25:24
because Facebook is all about scaling.
01:01:25:24 - 01:01:28:04
It's not about how can I get from 2.5
01:01:28:04 - 01:01:29:22
3 ROAS with the same budget.
01:01:29:22 - 01:01:32:16
This is not the philosophy of the platform, OK?
01:01:32:16 - 01:01:35:13
And if your client doesn't want to spend, it's too bad.
01:01:35:13 - 01:01:38:16
But don't always go and blame the client and say
01:01:38:16 - 01:01:40:20
"hey, he doesn't understand and stuff."
01:01:40:20 - 01:01:42:10
Maybe he doesn't have the money.
01:01:42:10 - 01:01:46:16
Maybe PayPal is holding him the money for 30 days.
01:01:46:16 - 01:01:49:09
You don't know what kind of needs the other person had.
01:01:49:09 - 01:01:53:24
So sadly most of the times we are thinking that
01:01:53:24 - 01:01:56:07
"Is he crazy? Is he having that good results
01:01:56:07 - 01:01:58:00
and he doesn't want to scale?
01:01:58:00 - 01:01:59:02
What's the problem?"
01:01:59:02 - 01:02:01:10
Well, there are other things
01:02:01:10 - 01:02:03:14
that you might not know about his business.
01:02:03:14 - 01:02:05:10
Next question.
01:02:05:10 - 01:02:07:12
"It is difficult to tell to mugstore owners."
01:02:07:12 - 01:02:10:16
This is coming from a podcast that I was discussing that
01:02:10:16 - 01:02:14:11
when you're going to have a store with T-shirts or mugs
01:02:14:11 - 01:02:16:03
is not going to be profitable.
01:02:16:03 - 01:02:18:06
And yes, it's difficult.
01:02:18:06 - 01:02:19:21
I need to rephrase something here
01:02:19:21 - 01:02:23:04
so that we're not going to have any misconceptions.
01:02:23:04 - 01:02:26:20
I need to tell that
01:02:26:20 - 01:02:30:22
there are companies that they're selling T-shirts and mugs
01:02:30:22 - 01:02:32:11
and they are profitable.
01:02:32:11 - 01:02:34:19
I'm just talking about the guy, the average guy,
01:02:34:19 - 01:02:39:05
who's going to start tomorrow by watching a video and stuff
01:02:39:05 - 01:02:41:13
and they don't understand anything about it.
01:02:41:13 - 01:02:44:13
And this is my duty to do in order to protect some people
01:02:44:13 - 01:02:47:22
that they are naïve enough to believe one video that they see
01:02:47:22 - 01:02:49:17
and they see someone telling them
01:02:49:17 - 01:02:52:15
that they make a lot of money and they believe them.
01:02:52:15 - 01:02:58:12
So the way that I see it is...
01:02:58:12 - 01:03:01:15
Is that with mugs you have a very small profit margin
01:03:01:15 - 01:03:04:11
and by giving this example I'm trying to explain
01:03:04:11 - 01:03:06:18
that it's not only about the idea that you have.
01:03:06:18 - 01:03:10:01
The numbers also need to make sense in order to have sales.
01:03:10:01 - 01:03:13:16
The average order value, the profits that you're having
01:03:13:16 - 01:03:16:06
and the Facebook advertising is becoming more expensive.
01:03:16:06 - 01:03:18:21
This is why I'm talking about T-shirts and T-shirts,
01:03:18:21 - 01:03:21:07
I'm talking also about print on demand, mostly.
01:03:21:07 - 01:03:23:20
Because of print on demand you, will have to pay also the company
01:03:23:20 - 01:03:25:06
that is printing and stuff.
01:03:25:06 - 01:03:27:05
It's not like you are printing them in-house.
01:03:27:05 - 01:03:30:00
Most probably there are people that they are printing in-house
01:03:30:00 - 01:03:31:12
and they are profitable,
01:03:31:12 - 01:03:34:06
but you need to have the equipment and everything else.
01:03:34:06 - 01:03:37:16
In the easy models of print on demand and stuff,
01:03:37:16 - 01:03:40:21
you need to have higher average order value items
01:03:40:21 - 01:03:43:10
in order for you to be profitable.
01:03:43:10 - 01:03:45:00
But this is what I wanted to say.
01:03:45:00 - 01:03:48:10
I want to say that there are stores with T-shirts and mugs
01:03:48:10 - 01:03:51:21
that they are profitable, but most probably it's not going to be you
01:03:51:21 - 01:03:53:05
that you are listening this podcast
01:03:53:05 - 01:03:55:06
and you are going to start a store tomorrow.
01:03:55:06 - 01:03:57:23
It needs more than that, OK?
01:03:57:23 - 01:04:00:17
So. Next thing.
01:04:00:17 - 01:04:04:04
"Hello, we made a new web shop to sell in Europe.
01:04:04:04 - 01:04:07:12
Therefore the pixel is new. What do you suggest to do as a next step?
01:04:07:12 - 01:04:10:10
I was thinking to run a broad campaign with sales objective
01:04:10:10 - 01:04:16:02
in each EU country starting from North European countries one by one.
01:04:16:02 - 01:04:18:14
Budget is like 10 to 15 a day."
01:04:18:14 - 01:04:23:18
I hope per country because if it's 10-15 per day,
01:04:23:18 - 01:04:26:18
you will have to test them one by one.
01:04:26:18 - 01:04:31:10
But if it's per country, what I would suggest you to do is this.
01:04:31:10 - 01:04:34:22
I would suggest you to do groups of countries that
01:04:34:22 - 01:04:36:16
you want to target. Similar countries.
01:04:36:16 - 01:04:44:08
For example, one group of similar countries is Germany, Switzerland, Austria.
01:04:44:08 - 01:04:47:21
I never had good results with Poland, to be honest with you.
01:04:47:21 - 01:04:50:20
But let's say those three, OK?
01:04:50:20 - 01:04:53:04
This is one group, OK?
01:04:53:04 - 01:04:57:23
In this one group you can go and you can run a CBO campaign,
01:04:57:23 - 01:05:01:16
put your interests and everything and then break down the results,
01:05:01:16 - 01:05:07:15
which is again as we said, the dropdown menu next to the columns,
01:05:07:15 - 01:05:09:13
and see in which country it's working
01:05:09:13 - 01:05:12:13
and then try to focus on this country, for example, OK?
01:05:12:13 - 01:05:16:11
So start making groups or even group a lot of them together
01:05:16:11 - 01:05:19:14
and then start breaking down the results and see when you are having,
01:05:19:14 - 01:05:21:10
where you are having the results.
01:05:21:10 - 01:05:24:08
I don't think that you should go and...
01:05:24:08 - 01:05:27:04
So when we start with new pixels and everything,
01:05:27:04 - 01:05:29:24
you should not break down.
01:05:30:00 - 01:05:32:16
You should put all of them together and then decide
01:05:32:16 - 01:05:36:19
if you want to focus more in one country with different languages and so on.
01:05:36:19 - 01:05:38:09
So that you can be more efficient.
01:05:38:09 - 01:05:40:18
But at the start I think that you should group them together
01:05:40:18 - 01:05:44:03
and then break down the results and see what is happening there
01:05:44:03 - 01:05:48:05
instead of just having small campaigns with $10 on each country
01:05:48:05 - 01:05:49:14
and see which one is going to work.
01:05:49:14 - 01:05:51:21
Because don't forget about the randomness of results
01:05:51:21 - 01:05:55:10
and everything that we discussed.
01:05:55:10 - 01:05:58:08
I think that this is the last comment.
01:05:58:08 - 01:06:00:18
It says "Great as always, Konstantinos, love your videos."
01:06:00:18 - 01:06:02:08
Thank you very much, bro.
01:06:02:08 - 01:06:06:05
"A quick question. Let's say I make one purchase a week.
01:06:06:05 - 01:06:09:11
It's an expensive product but many initiate checkouts.
01:06:09:11 - 01:06:13:00
Would you recommend going back one step to initiate checkout
01:06:13:00 - 01:06:17:00
to bring more data and from there there will be more purchases?
01:06:17:00 - 01:06:21:17
Or for example, if my goal is lead but I have one page before
01:06:21:17 - 01:06:24:01
before the lead that receives more data.
01:06:24:01 - 01:06:26:17
If there is not enough data in the leads,
01:06:26:17 - 01:06:28:22
would you go one step back in the funnel
01:06:28:22 - 01:06:33:19
or remain in the final goal which is a purchase/lead?
01:06:33:19 - 01:06:34:24
Thanks in advance."
01:06:34:24 - 01:06:37:02
So let's break down the question over here
01:06:37:02 - 01:06:39:11
because it's actually a good question.
01:06:39:11 - 01:06:48:08
But no offense, there are some "stupid" remarks inside it.
01:06:48:08 - 01:06:51:06
So let me tell you what.
01:06:51:06 - 01:06:57:14
First of all, if you go from purchases to...
01:06:57:14 - 01:06:58:20
Just... just it...
01:06:58:20 - 01:07:01:00
In some countries which are smaller countries,
01:07:01:00 - 01:07:04:16
we discussed also in the podcast and in videos
01:07:04:16 - 01:07:07:24
that I have observed that in big countries
01:07:07:24 - 01:07:12:12
like United States, for example, you're having a very big problems
01:07:12:12 - 01:07:15:08
if you optimize in any other event from the one that you want
01:07:15:08 - 01:07:18:01
because the data is so many
01:07:18:01 - 01:07:20:12
that Facebook is going to flood your funnel
01:07:20:12 - 01:07:22:06
with all of these bad leads from people
01:07:22:06 - 01:07:25:04
that are never going to convert and become a purchase.
01:07:25:04 - 01:07:27:08
On the other hand, there are smaller countries
01:07:27:08 - 01:07:29:09
like Greece or whatever
01:07:29:09 - 01:07:32:23
or Switzerland was the other example that we had
01:07:32:23 - 01:07:35:12
that even when you optimize for add to cart,
01:07:35:12 - 01:07:39:11
there are not so many bad leads inside the add to cart
01:07:39:11 - 01:07:43:00
in order for Facebook to give you only people who do add to cart.
01:07:43:00 - 01:07:45:06
It's going to give you a mix of people who only do add to cart,
01:07:45:06 - 01:07:48:04
but people who also add to cart and buy.
01:07:48:04 - 01:07:50:12
That means that in that case you can optimize
01:07:50:12 - 01:07:52:06
for add to cart and have good results.
01:07:52:06 - 01:07:55:24
In very big countries I would strongly suggest you not to do it
01:07:55:24 - 01:07:58:08
because Facebook is having enough data to give you
01:07:58:08 - 01:08:00:23
only people who add to cart and for the people who
01:08:00:23 - 01:08:04:04
put optimization on purchase is going to give them better results
01:08:04:04 - 01:08:06:01
because they are asking for this.
01:08:06:01 - 01:08:10:09
Now that being said.
01:08:10:09 - 01:08:12:15
If you're in a smaller country,
01:08:12:15 - 01:08:15:24
you could try to go one step back.
01:08:15:24 - 01:08:18:24
I'm never doing it, to be honest with you.
01:08:18:24 - 01:08:22:09
Unless if I go in an account and I try everything
01:08:22:09 - 01:08:25:08
and is not working and then I have to set my ego on the side
01:08:25:08 - 01:08:28:14
and just say that if it's working with add to carts, f**k it.
01:08:28:14 - 01:08:30:21
I'm going to use add to carts also.
01:08:30:21 - 01:08:33:01
The same way that it was in one account that
01:08:33:01 - 01:08:35:24
nothing was working other than lifetime budgets.
01:08:35:24 - 01:08:37:17
The daily budgets were not working.
01:08:37:17 - 01:08:40:04
It was working only with lifetime budgets for some reason.
01:08:40:04 - 01:08:44:03
So I was working with lifetime budgets. I adapted.
01:08:44:03 - 01:08:47:12
And then you're talking about something else, which is,
01:08:47:12 - 01:08:51:11
which I found the "stupid" part and it says,
01:08:51:11 - 01:08:53:14
I'm quoting, by the way, on the "stupid."
01:08:53:14 - 01:08:56:14
It says "if my goal is lead,
01:08:56:14 - 01:09:02:06
but I have one page before the lead that receives more data."
01:09:02:06 - 01:09:05:05
So, here you are making one mistake.
01:09:05:05 - 01:09:08:16
You're comparing the purchase with the lead.
01:09:08:16 - 01:09:12:01
The lead is someone, I'm guessing, that you're going to call
01:09:12:01 - 01:09:14:01
in order to close the deal.
01:09:14:01 - 01:09:16:18
You cannot compare the purchase which is something
01:09:16:18 - 01:09:19:24
that someone has went there and he's buying
01:09:19:24 - 01:09:22:02
by putting his money, he's buying already.
01:09:22:02 - 01:09:24:16
You are comparing one free event
01:09:24:16 - 01:09:27:13
with one event that needs much more effort.
01:09:27:13 - 01:09:31:06
So if you're having as your final step,
01:09:31:06 - 01:09:35:13
for example, I have a company which is a SaaS company
01:09:35:13 - 01:09:41:00
and it has the event of start the free trial for 30 days.
01:09:41:00 - 01:09:44:15
And it has also a purchase event which we're not optimizing for.
01:09:44:15 - 01:09:48:10
We're optimizing for the 30 days trial.
01:09:48:10 - 01:09:52:03
In this situation, if this is not working,
01:09:52:03 - 01:09:55:18
something is wrong in the funnel or in the creatives
01:09:55:18 - 01:09:59:12
because our event over here is for free.
01:09:59:12 - 01:10:02:01
You cannot compare a free event with an event
01:10:02:01 - 01:10:05:07
that someone is spending money to, like the purchase event.
01:10:05:07 - 01:10:07:24
So for the purchase event, yes,
01:10:07:24 - 01:10:10:12
if you want, you can go one step back.
01:10:10:12 - 01:10:14:10
I wouldn't go to steps like view content or even add to cart,
01:10:14:10 - 01:10:16:21
but I think that maybe initiate checkout.
01:10:16:21 - 01:10:18:06
If you are struggling so much
01:10:18:06 - 01:10:20:12
and you want to test it, test it.
01:10:20:12 - 01:10:22:00
If you are in a smaller country,
01:10:22:00 - 01:10:23:17
I have seen add to cart working also
01:10:23:17 - 01:10:26:18
as an optimization event better than the purchase event.
01:10:26:18 - 01:10:28:11
Fine, I'm also convinced about that.
01:10:28:11 - 01:10:31:12
But when you have a lead event which is for free,
01:10:31:12 - 01:10:35:17
or a start trial or download the PDF event or something
01:10:35:17 - 01:10:38:13
and you are not having good results,
01:10:38:13 - 01:10:43:18
you should not blame the event and try to go one event back
01:10:43:18 - 01:10:46:06
because the whole process of this is that
01:10:46:06 - 01:10:49:01
because purchase is very difficult to happen,
01:10:49:01 - 01:10:52:07
we're going one step back in order to optimize there.
01:10:52:07 - 01:10:55:17
Lead event is not hard to happen because it's for free.
01:10:55:17 - 01:10:58:16
So if it's not happening, either your creatives are wrong
01:10:58:16 - 01:11:00:06
or your funnel is wrong.
01:11:00:06 - 01:11:05:05
This is what I wanted to point out about this comment,
01:11:05:05 - 01:11:07:10
just so that we can clarify that
01:11:07:10 - 01:11:09:07
just because you can do this with a purchase event,
01:11:09:07 - 01:11:12:01
it doesn't mean that you have to do it with all the other events.
01:11:12:01 - 01:11:15:08
Guys, think, OK?
01:11:15:08 - 01:11:17:03
It's all about simple way of thinking
01:11:17:03 - 01:11:19:16
and understanding how the platform is working.
01:11:19:16 - 01:11:22:10
It's not like "this is working here.
01:11:22:10 - 01:11:25:15
I'm going to apply it also here and here and here."
01:11:25:15 - 01:11:28:20
it has to make sense based on the technical knowledge
01:11:28:20 - 01:11:32:20
that you have or you are acquiring from channels like this.
01:11:32:20 - 01:11:39:20
Now. I was watching this post and...
01:11:39:20 - 01:11:41:07
How much time do we have?
01:11:41:07 - 01:11:42:15
"1 hour and 11 minutes."
01:11:42:15 - 01:11:46:10
Wow, OK. I told you it's going to be a big one.
01:11:46:10 - 01:11:51:23
So, just some funny posts and we're going to wrap it up
01:11:51:23 - 01:11:53:12
because it's already too much.
01:11:53:12 - 01:11:56:15
So there is one post that I have found here.
01:11:56:15 - 01:11:58:04
It says "Facebook ads agency.
01:11:58:04 - 01:12:00:00
Dear all, please read carefully.
01:12:00:00 - 01:12:01:24
I want a physical identity or an agency
01:12:01:24 - 01:12:04:05
who is able to run ads on his own.
01:12:04:05 - 01:12:06:00
I don't provide my Facebook ad account.
01:12:06:00 - 01:12:09:17
I provide a Facebook page and a link to app, iOS and everything.
01:12:09:17 - 01:12:13:12
I need to run ads to extend my business."
01:12:13:12 - 01:12:17:15
So my note to this is this.
01:12:17:15 - 01:12:21:15
You cannot have a legitimate business which is running
01:12:21:15 - 01:12:23:22
without owning everything on the business.
01:12:23:22 - 01:12:26:07
Do you understand how difficult this is?
01:12:26:07 - 01:12:29:23
It's like you are not owning all the data
01:12:29:23 - 01:12:33:01
and you are having an ad account which is not yours.
01:12:33:01 - 01:12:36:08
This is an extremely problematic situation.
01:12:36:08 - 01:12:39:14
And whoever is, is not having full control of
01:12:39:14 - 01:12:41:24
all of the assets of their advertising,
01:12:41:24 - 01:12:44:06
like the account, the Pixel and everything,
01:12:44:06 - 01:12:47:23
then that means that they're going to be a hostage of this company.
01:12:47:23 - 01:12:50:09
And this is not a very good practice.
01:12:50:09 - 01:12:52:14
And this is something that I wanted to point out
01:12:52:14 - 01:12:54:23
just because I have seen it.
01:12:54:23 - 01:12:59:11
Now, Freelancer Diaries.
01:12:59:11 - 01:13:01:07
There is a... there...
01:13:01:07 - 01:13:03:02
There are two because as I told you,
01:13:03:02 - 01:13:05:15
I was looking on my folders and I found some older ones,
01:13:05:15 - 01:13:07:19
which we're going to refresh a little bit.
01:13:07:19 - 01:13:09:08
So first one.
01:13:09:08 - 01:13:11:09
"I'm looking for someone to help me find
01:13:11:09 - 01:13:15:22
the real identity of a cyberbullying TikTok user.
01:13:15:22 - 01:13:20:03
So I'm looking for someone to help me find the real identity.
01:13:20:03 - 01:13:24:00
Message me and I'll share the user TikTok ID."
01:13:24:00 - 01:13:25:24
And the big question is this,
01:13:25:24 - 01:13:28:05
if you find him, what are you going to do?
01:13:28:05 - 01:13:30:24
Are you going to go?
01:13:30:24 - 01:13:34:22
Are you going to go, for example, and have a fight with him?
01:13:34:22 - 01:13:37:16
Crazy post.
01:13:37:16 - 01:13:38:15
I'm actually curious.
01:13:38:15 - 01:13:40:17
I was watching recently,
01:13:40:17 - 01:13:42:15
It's coming from India, by the way.
01:13:42:15 - 01:13:43:22
I was watching recently.
01:13:43:22 - 01:13:48:02
I couldn't find that someone was actually answered to him,
01:13:48:02 - 01:13:51:15
but I would be very interesting to see,
01:13:51:15 - 01:13:55:07
to know, for example, just for the context,
01:13:55:07 - 01:14:01:04
if anyone actually was able to to locate the cyberbully
01:14:01:04 - 01:14:02:13
and what happened.
01:14:02:13 - 01:14:05:10
And the next one is one of my favorites.
01:14:05:10 - 01:14:07:04
As always, it says
01:14:07:04 - 01:14:11:10
"I need someone to manage my Shopify business all on their own.
01:14:11:10 - 01:14:13:16
I'm looking for someone that is an expert
01:14:13:16 - 01:14:15:20
on Facebook ads, TikTok ads, and can find all products
01:14:15:20 - 01:14:17:14
and create stores on their own."
01:14:17:14 - 01:14:19:16
And what the f**k are you going to do then?
01:14:19:16 - 01:14:22:03
If someone else is going to do all of that,
01:14:22:03 - 01:14:23:13
what are you going to do?
01:14:23:13 - 01:14:25:20
You're just going to be the owner?
01:14:25:20 - 01:14:27:20
Why? Are you having so much money?
01:14:27:20 - 01:14:29:14
Are you Mark Cuban?
01:14:29:14 - 01:14:33:07
Who are you in order to ask for something like this?
01:14:33:07 - 01:14:34:05
Very funny.
01:14:34:05 - 01:14:37:20
And I think that there are a lot of people that
01:14:37:20 - 01:14:40:23
they just want to have businesses without doing
01:14:40:23 - 01:14:45:10
not even the minimal effort by just finding someone
01:14:45:10 - 01:14:50:11
and maybe give them some money to do it.
01:14:50:11 - 01:14:51:09
But do you know what?
01:14:51:09 - 01:14:53:11
This person is going to take all your money
01:14:53:11 - 01:14:55:19
and you're not going to have a store or a successful business.
01:14:55:19 - 01:14:57:18
You're just going to lose money in the process,
01:14:57:18 - 01:15:01:04
even if that is $5 or $20 or $50.
01:15:01:04 - 01:15:03:03
Or in the case of my previous client,
01:15:03:03 - 01:15:05:07
even if someone is working for free for you
01:15:05:07 - 01:15:06:22
in order to learn by spending your money
01:15:06:22 - 01:15:10:13
how he's going to build his own business
01:15:10:13 - 01:15:13:07
and he's going to learn with your money.
01:15:13:07 - 01:15:15:07
That's all I had for you, guys.
01:15:15:07 - 01:15:16:24
Super big podcast again.
01:15:16:24 - 01:15:19:10
But we had so much to discuss.
01:15:19:10 - 01:15:22:21
And I have some topics that I kept for the other time
01:15:22:21 - 01:15:25:16
because I knew that it was going to take us a lot of time.
01:15:25:16 - 01:15:31:13
I feel like this podcast was super technical in some cases.
01:15:31:13 - 01:15:34:13
But it's fine, guys, OK?
01:15:34:13 - 01:15:37:02
We need to have also super technical content.
01:15:37:02 - 01:15:40:22
I hope that some of you you are going to remember something
01:15:40:22 - 01:15:46:02
and go and look at it later to remember of the things that we're discussing,
01:15:46:02 - 01:15:48:24
but we have to cover everything, OK?
01:15:48:24 - 01:15:51:08
The super beginners and the super advanced,
01:15:51:08 - 01:15:54:22
they also need to have their content here on that podcast
01:15:54:22 - 01:15:58:11
and also these are things that I really care about
01:15:58:11 - 01:16:01:16
and I need to talk about so...
01:16:01:16 - 01:16:05:23
The podcast is the only place that I can discuss about
01:16:05:23 - 01:16:09:03
because apparently, except from my friend Jonathan,
01:16:09:03 - 01:16:14:03
nobody else understands me and the truth is that
01:16:14:03 - 01:16:17:08
I cannot discuss all of these things with anyone else.
01:16:17:08 - 01:16:21:06
If I could, I wouldn't be sitting here talking alone
01:16:21:06 - 01:16:26:16
in front of the camera for 1 hour and 15 minutes.
01:16:26:16 - 01:16:29:13
Sad story, but it is what it is.
01:16:29:13 - 01:16:33:09
Be creative. Be consistent, guys, and I will see you next week.
01:16:43:03 - 01:16:46:18
This was the Facebook Ads Breaking News podcast.
01:16:46:18 - 01:16:48:14
Like it or not, it is what it is.