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Is Facebook Advertising For You?

August 21st, 2008 Posted in General

Well, I started off with Market Leverage as my first affiliate network and after seeing others doing well I decided to give it a shot. Plus, they’ve been really helpful and nice to me and I felt kind of guilty for not even knowing how to get started. Anyway, I read a few websites and decided to give Facebook a shot. I realized that if you join the Visa Business Network, you get a $100 voucher for Facebook which will give you the opportunity to experiment with the ads.

Aside from the $100 Voucher I’ve used my Paypal account to create a virtual credit card that comes in handy and linked it to my Facebook account for additional funds. Currently, I’m not spending too much on advertising per day because I want to test it out first and I have been working with Facebook for the past week and theres a few things I’ve learned so I’d like to talk about those.

1) Your Ads Will Get Disapproved – The thing about Facebook advertising is that you will have to keep submitting your ads several times before they approve them. One of my ads was denied 33 times before finally being accepted. So the basic idea is to keep re-submitting your ads before it gets accepted. You may have to make changes so that it appears different but it won’t be long before you get accepted.

2) Capitalization Guidelines – A lot of my ads were rejected because of capitalization issues in my titles or descriptions. You cannot capitalize words that you wouldn’t usually capitalize or words that don’t need capitalization in your title and sentences. So be careful how you capitalize and use words in your ads as it can be disapproved for those reasons also.

3) URL Guidelines – A few of my ads were rejected because of domain guidelines they had. The idea is that you cannot use a redirection or an inline frame. You also have to use a URL that they believe clearly depicts your offer. In the sense that if I am running an ad for diet pills, I cannot have the URL say “Sexy Body” or “Hot Body” or anything of that sort.

4) CTR’s & Leads – The average CTR rate I have is .04% and I’ve stated that correctly. Thats not 4%, thats .04%. The CTR is quite low and thereby the leads that result from it are merely based on your landing page. The number of people who complete the offer after clicking has averaged around 50% so thats a good number however your ad racks up impressions faster than clicks so be sure to pick CPC rather than CPM to avoid paying by 1000 impressions and paying per click instead.

5) Monitor Your Performance – I know of many people that are unhappy with the way their Facebook advertising campaign is performing and so I’d recommend keeping a track of your earnings and expenditures and figure out whether its worth it for you keep investing more time and money. This is necessary to not end up in the red as some people have.

Verdict
All in all, Facebook ads is working for me however its not working for quite a few people. I would recommend you to try it out by using the coupon first and if you think its worth it then you can give it a shot otherwise you may just end up losing money and being unhappy. Pick offers that you think will appeal to your target audience and Market Leverage has several offers to appeal to all different kinds of people.

So, I hope you liked my post about Facebook Ads and I know that I’ve never talked about affiliate advertising before but since I’m just getting started I thought it would be nice to share my experience. Anyway, Happy Friday and hope you guys have a great weekend.

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9 Comments »

Comment by Aaron Wakling
2008-08-22 00:16:41
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I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

Comment by Enkay
2008-08-23 14:17:44
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Thanks for stopping by Aaron. I hope that you like my upcoming posts!

 
 
Comment by Asim
2008-08-22 22:12:05
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Well i am just trying to start Dneero ads on Face book lets see how they work out since i do a lot of posting and scrapping i think i will get a nice amount of traffic!

Comment by Enkay
2008-08-23 14:17:27
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I would like to see how that works out for you. You could do a case study or something and it would be very interesting to read!

 
 
Comment by Normal Joe
2008-08-23 13:23:06
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I played around with it cuz I had a few vouchers. I may try some CPA stuff with them too. I’ll have to look into their url rules a little bit more too.

Comment by Enkay
2008-08-23 14:14:03
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I messed with it myself but I only got a $100 out of it. So far its not too bad but yeah their rules are pretty strict.

 
 
2008-08-24 17:41:41
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I never thought about advertising on Facebook before. I should weigh the options. I am going to look into getting a voucher so that I can see if it’s worth it without having to pay.

Thanks for the suggestion!

 
Comment by Dr. Teeth
2008-08-25 18:24:47
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I feel they are little expensive

 
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