facebook ads for wholesalers
The Biggest Mistake Most Wholesalers Make With Facebook Adsso we have been missing in action for,qui
Updated on Jan 19,2023
The Biggest Mistake Most Wholesalers Make With Facebook Ads
so we have been missing in action for,quite some time as you can tell i,haven't uploaded a youtube video in ages,so what i am going to bring you guys,today is i started a facebook ads,campaign for a totally new client,starting from scratch we have so far,generated seven motivated seller leads,so any day now he will have his first,deal from facebook ads we haven't spent,a thousand bucks let me show you how to,do it and let's jump into the video so,the campaign that i just started we've,only spent 330,ish dollars on both cold targeting and,warm targeting we've generated seven,total motivated seller leads and we're,just about to if my averages are correct,one out of 10 1 out of 15 leads will,result in a deal so we might be halfway,there maybe it cost us 500 for a deal,maybe it cost us 600 so let's jump into,the common mistakes that most investors,actually make so as you can tell on this,tracking obviously there is a lot of,different campaigns going on that were,previous two hours but ours are simple,cold conversion warm conversion i don't,even have video ads running at this time,because the investor that i am running,these for he just hasn't set him up yet,he hasn't recorded the video he hasn't,shot some homemade video that i can edit,down and turn into campaigns so this,will be fine but initially starting the,campaign tracking the conversion,tracking was off so it says right here,14 leads that is not true we've,generated only seven at this point if it,was 14 leads for 298 dollars my mind,would,be blowing up right now because that is,a phenomenal cost per lead so the,initial mistake that most investors make,is their conversion tracking is off and,when your conversion tracking is off the,facebook algorithm does not learn,properly like it's supposed to so you,need to make sure it's installed,properly on your carrot site or whatever,website that you're using for lead,generation for motivated seller leads,now the one other thing that i want to,note while we're on this home page is,the fact that our warm conversions have,zero results so far and you might see,that we've only spent about 25 dollars,which isn't a ton of money maybe our,average cost per lead for warm,conversions is 40 or 50,which isn't too terrible by any means,definitely help if we're running warm,video ads and cold video ads which we,are not at this point which isn't a big,deal so now by jumping into the ad,groups i know some of you have asked in,the past carter what do you target as,far as interest demographics everything,like that but as we all know the biggest,mistake that you can make in facebook,ads campaigns is you cannot niche it,down too much because first off the,housing category you cannot discriminate,against certain classes ethnicities that,sort of thing genders age,there's a bunch of regulations so just,please don't do that so as you can see,here we were running other campaign,types but we didn't generate a lead,right here maybe application for,employment interest we did generate a,lead our control group we've generated,six leads supposedly that's not true,obviously,but what did we spend we spent eighteen,dollars twenty,60 on this one 60 on this one i think i,probably turned that off today as of,this recording but it just goes to show,you you don't need to spend a ton of,money to see if things are working and,in my mind the average cost per lead,that i wanted to spend was 20 bucks i,didn't want to spend more than 20,dollars per lead initially starting out,and if we weren't getting results right,now maybe then i would increase that,threshold but because we did get,motivated seller leads already i'm,trying to niche down to the most cost,effective marketing strategy for my,client so he can get the highest roi on,his ad spend so now we're in the ad,group and you guys can see everything,that i've taught you up to this point,the low daily budgets works you don't,need to do anything different than this,just please implement what i've already,said keep the daily budget slow don't do,anything crazy as far as audience,targeting that's where most people get,it wrong and then just niche down your,locations to your specific,marketplace and right here you can see,in interest i put renting because that,is the category we targeted for this,specific one but other than that nothing,else too,crazy if you're wondering in your mind,carter is it really that simple is that,all that i need to do to have success,with facebook ads for my real estate,investment business and the answer is,yes you need to test shut off stuff,test shut off more stuff and then test,again until you get results if you guys,need help of course reach out i'd be,more than willing to help you i have,helped multiple people already just send,me an email carter carterpc.com run,something by me if you need to or we can,jump on a quick call and i can answer,any questions that you might have but if,you got value from this video smash the,like and subscribe button down below it,helps tremendously for future reference,i'm going to keep the video length a,little bit shorter easy to consume,content and if you have more interest in,watching videos on facebook advertising,click and watch the videos right here,where i break down our systems and,processes for generating the most,motivated seller leads peace i'll see,you in the next video
The above is a brief introduction to facebook ads for wholesalers
Let's move on to the first section of facebook ads for wholesalers
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