when did facebook start ads

Facebook Is CHEAPER Than Instagram Ads (Here’s Why)we're seeing something crazy happen in,the Facebo

Ben Heath

Updated on Jan 16,2023

Facebook Is CHEAPER Than Instagram Ads (Here’s Why)

we're seeing something crazy happen in,the Facebook ads and Instagram ads world,right now given where I started in this,industry it's extra shocking but it is,happening in this video I'm going to,explain what it is and what it means for,you as a Facebook and Instagram,Advertiser So Meta isn't exactly the,stock market darling it used to be,there's been some bad press recently,about a reduction in profitability,mainly because meta is trying to build,the metaverse and that's incredibly,expensive and that has led to negative,sentiment around the platform some,advertisers leaving and things like that,I've covered all that and why,advertisers leaving doesn't make any,sense in a separate video so you can go,ahead and check that out I'll make sure,a link is included below but in this,video I want to talk about how that is,causing a real split between Facebook,ads and Instagram apps,now for some reason whenever there's bad,press around meta that only seems to,translate to Facebook as an advertising,platform not Instagram even though of,course both Facebook and Instagram as,our platforms are owned by meta and,differences in profitability and stuff,which doesn't affect advertisers but,that comes from both platforms it,doesn't really make sense but it does,happen and this bad press is definitely,leading to more advertisers favoring,Instagram over Facebook and this sort of,started happening maybe a year to two,years ago and it has only continued to,happen more and more advertisers are,favoring Instagram over Facebook not,advertising on both as I usually,recommend and that is causing a huge,difference in the cost between the two,platforms for a lot of our clients I,would actually say most at this point we,are seeing significantly lower cpms,which is cost per thousand impression,and a good way to measure Facebook and,Instagram advertising cost we are seeing,significantly lower cpms in Facebook,than we are on Instagram to the tune,often of 30 maybe even sometimes 40,difference between the two now this is,particularly weird for me because when I,first started advertising on Facebook in,sort of 2013 1415 it was very much the,other way around everyone wanted to,advertise on Facebook they didn't want,to advertise on Instagram because,Instagram was the young social media,platform sort of serious people that are,going to purchase products and services,weren't there so we saw much higher cpms,on Facebook then than we did Instagram,then people realized that Instagram did,yield good results and you could,advertise there particularly for certain,types of products and services very,successfully and that slowly brought the,cost of Instagram advertising up to the,point where it was very much On a par,with Facebook and that's where we were,from say 2015 through to 2020 2021 sort,of five six year period where the cost,difference between Facebook and,Instagram was fairly consistent there,wasn't a huge difference and most,Facebook advertisers when they ran,campaigns they were going to run ads,both on Facebook and Instagram that is,still the default when you set up a,campaign and you saw similar results on,both platforms and they cost the same,which made sense now the tables have,turned well well how the turntable it's,quite shocking to me to see how quickly,that process happened and advertisers,definitely see Instagram as the the,cooler better place to advertise to,reach the younger demographics I would,question that logic because the older,demographics that are on Facebook they,actually have more disposable income to,spend on your product Services than the,people that are on Instagram for the,most part but that isn't something that,a lot of advertisers think about so you,might be thinking that Instagram is now,a lot more expensive to advertise on,than Facebook simply because the results,on Instagram are better and advertisers,are choosing to spend their money where,they get the best results and in theory,that logic would apply however that's,not what we're seeing so I recently,polled my audience on YouTube and 76 of,people said that Facebook produced,better results than Instagram and that's,really interesting and it is the,complete reverse of what I used to see,where you could have argued say in 2015,that Facebook produced much better,results than Instagram as an ad platform,and that's why cpms on Facebook were,higher but it simply wasn't true it was,all Advertiser perception they thought,that's where they were going to get the,better results therefore they ran ads,there we know that the meta ad platforms,Facebook Instagram Etc are done on an,auction so the more competition there is,the more expensive it is that's what led,to Facebook being more expensive let's,say seven eight years ago and that's,what's now leading to Instagram being,more expensive it's not the fact that,they're getting better results on,Instagram it's the fact that advertisers,think they're going to get better,results they're driving up the price and,as you'll see from that poll and we've,seen it with our clients getting better,results on Facebook than Instagram that,represents a huge opportunity for those,of us that are advertising as I would,usually recommend on both platforms,because you are likely to be able to,take advantage of those lower costs,those lower cpms on Facebook and get a,better return on ad spend now I'm going,to explain how you can check this data,in your own ad account in a second,before I do just want to quickly let you,know about a free webinar I've created,called three killer Facebook ad,strategies to double or more your,revenue and in this webinar I break down,three different strategies that we use,all the time as an agency we've,generated more than seven figures,multiple times with each one of these,strategies there very much tried and,tested I'd strongly recommend you go,ahead and check out this free webinar,you want to make sure you are using the,right strategy for your business that's,very very important there's a link in,the description below you can click on,it go ahead and watch it it's about 45,minutes long completely free well worth,your time so if you want to check this,data in your own ad account to see if,you're seeing a similar thing just go,into ads manager and then take a look at,breakdown by platform and then take a,look at your cpm's Facebook versus,Instagram when we do this for our,clients what we often see is that in,terms of advertising efficacy Facebook,and Instagram are virtually identical so,if we put an ad in front of a thousand,people on Facebook and we put an ad in,front of a thousand people on Instagram,we're likely to generate the same number,of conversions however because Facebook,is now let's say 20 to 40 percent,cheaper than Instagram we are therefore,seeing better results on Facebook,something that you might want to factor,into your own advertising decisions you,might want to just go Facebook if you're,seeing that you may want to advertise on,both which is what I would recommend if,you are using a conversion based,objective where you are able to optimize,for your end result if matter is seeing,for example that you're getting better,results on Facebook than Instagram more,of your budget will be diverted there,and vice versa whilst there are overall,platform Trends and I've described those,there's also some reality to the fact,that different businesses will see,better results on different platforms if,you're a powerful based or very much,visual in terms of what you offer maybe,Instagram is a better option if you're,selling something a little bit more,serious to maybe a slightly older,demographic Facebook's almost certainly,going to win for you so you want to be,able to take a look at your own data and,adjust for your business the really,important message here is that if you,are ignoring Facebook and just,advertising on Instagram right now don't,that might be something I'm recommending,in 10 years time if Facebook does,decline but we're certainly not there,yet Facebook being worse than Instagram,for advertisers is a myth and I actually,debunk 50 more myths in this video here,there are Facebook and Instagram,advertising myths all over the place and,they cause real harm to your Facebook,and Instagram ad campaigns if you set up,your campaigns based on false,information that's going to do so much,harm that's going to jeopardize your,results I strongly recommend you go,ahead and check out this video which,will help you avoid those myths and get,things set up properly

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When Should I Start Doing Facebook Ads?

When Should I Start Doing Facebook Ads?

so how do you know when it's a good time,to start doing facebook ads well let me,tell you i have literally made millions,of dollars through facebook ads and i've,also lost 90 of my revenue because of,facebook ads so i can tell you there's a,timing to all of this and i'll tell you,the story of how i lost 90 of my revenue,due to facebook ads it was literally,almost a year ago this was very recent,and we spent a whole year recovering,from this but it was two days before the,new year so this was like december,28th and i was on my way to get drinks,with my girlfriends we were gonna get,margaritas and all of a sudden i got,this message that made me sick to my,stomach i knew so my sister rose and she,said our entire business manager our,entire facebook ad account has been,permanently disabled and we tried to,appeal it,we tried to fix it and we couldn't and,at the time facebook ads were sending us,90 of our revenue so 90 of these clients,that we were getting were coming from,facebook ads and when i say you could,literally like feel things grinding to a,halt you could feel things grinding to a,halt and it,was just devastating it's one of the,harder things i've had to overcome as an,entrepreneur and it was particularly,difficult because of the timing i,literally was like having to face the,new year having to lay people off which,really sucked i had a monday where i'd,like have six back-to-back calls in a,row it was really miserable and the team,that was remaining was like really the,low morale are we going to stay what is,this gonna look like we're really just,overwhelmed fast forward to where we are,now we're back on facebook ads some of,our revenue is coming from that we've,also really diversified elite that's a,whole nother topic for another story but,i wanted to tell you this because i,think a lot of times we think of,facebook ads like a magic button that,you push in the money comes online,advertising is like okay i'm going to,push a button and then it's going to,come but it's not really how it is and,so what i thought would be really,helpful is if i shared with you the top,three criterias you need to have in your,business before you start facebook ads,so the three things you need to have in,your place in your business before you,should even think about facebook ads and,i ran past my facebook ad manager,rosemary put a little picture of her,here she's my sister she's also,incredibly good at marketing and she,agreed with me that these are the top,three things you need to have if you,like this video,yeah we'll do it i'll do it later i,think we're going to include that,if you like this video please like it,so what are the top three things you,need to have in place in your business,before it's a good time for you to start,facebook ads,let's get into it,first thing that you need,one of the most important things are,really important but you need to have an,investor mindset,and i wrote something down over here and,i want to literally read it verbatim,because i think it's really important,you literally need to be able to,mentally handle your card being billed,every single day,seeing no return on investment sometimes,for months,investors are able to handle the,short-term stress for long-term gain,however if you're able to grit your,teeth have that investor mindset you're,going to see really good return on,investment if you have that and you,understand this is going to be a,long-term process you can proceed,to the next point,next thing that you need before you're,ready to start facebook ads is you need,to have,the budget okay now this varies but most,facebook advertising experts will say,that in order for you to see real,results like really tangible results,that you can actually start to scale and,see the kind of results you're looking,for you need to be able to spend about a,hundred dollars per day you really won't,see,fabulous results for anything less than,that a lot of people try to do a dollar,a day five dollars a day ten dollars a,day and it's almost like you're just you,might as well go buy yourself a nice,dinner because the thing is you really,need to spend quite a bit of money to,see the actual return on investment that,you probably are looking for and what i,wrote down here is i said people try too,soon so they try before they have the,budget because they're frustrated with,organic marketing not working and the,way they wanted to so they start ads,too soon and so because they don't have,the budget they don't see it through and,they quit that too so they quit,advertising which leads them losing even,more money so you really need to have a,budget it varies but i'm just gonna say,you need to have in general speaking to,youtube you need to have about a hundred,dollars per day in order to see the kind,of results you really are looking to see,here finally so let's say you've got,your budget and you've got your investor,mindset you need a proven offer and you,might be wondering what a proven offer,is you need to have literally have a,product that you've sold or program or,coaching service or a service service,that you've sold over a hundred times,the same product over a hundred times so,i wrote here in my notes i said if you,don't even know if your offer will sell,at all,it's really silly in my opinion to throw,a bunch of money at ads because let's,say that you throw a bunch of money in,ads and then all of a sudden it's you're,not it's not working you're not getting,sales well if you don't know that you,sold your offer a hundred times or more,you won't know if it's a problem with,the author you know the offer itself or,the product itself or is a problem with,the way i'm doing the ads if you don't,know that this is a proven offer one,that you've sold over a hundred times,you're not gonna know what to fix it,could be your offer that needs to be,fixed it could be your ads that need to,be fixed you don't know,so if you,have investor mindset you have a budget,where you can spend around a hundred,dollars a day,and you sold the same offer more than,100 times and you're officially in the,let's just call it the recommended zone,you're officially in the recommended,zone,and you are in a good place to start,doing facebook ads,now if you're like most people watching,this video you might not have reached,one of those criteria so maybe you just,don't have it in you to you know see you,losing money day after day after day you,want to try to get clients for free or,maybe you don't have a hundred dollars a,day to spend on getting clients or maybe,you haven't sold your offer over 100,times so if that's the case then you,should totally come to this free,workshop that i'm hosting where i show,you how i literally tripled my business,and how i sign on clients for free every,single day it's totally free it's super,valuable we fill out this like cool,business audits you know what you need,to work on i think you'd really find it,helpful if you didn't qualify for these,three things this is a really good next,step and i'd love to see you there you,can either click the link in the,description or what you can do is just,go to mariawent.comworkshop,i'd love to see you there if you found,this video helpful please give it a like,i'm trying to get a sense of what you on,youtube all of you guys on youtube what,you'd like to see from me so if you like,this video if this answered a question,that you've always been wondering please,give it a like if you want to learn more,about how to get clients and make money,with social media hit subscribe so you,don't miss any of my videos i'll see you,in the next one

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