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Hi @Lavishful ,
- How have you been targeting your audience on FB?
- What level of traffic are you getting from $50 day - clicks, adds to cart and sales?
It this stage it's about understanding the entire funnel. From there we can focus on the specific are that isn't working.
Hi @Lavishful ,
So there isn't $50/ day being spent on FB ads any more but there was initially?
If so, $2.50 per IC doesn't seem unreasonable ($50 / 20). Your 90%-95% drop off seems very high. As a point of reference - the average cart abandonment rate is ~70% (https://baymard.com/lists/cart-abandonment-rate). Of the 20 ICs i'd expect 5-10 to complete a purchase which would decrease your acquisition costs by 5-10x.
Do the users abandon the cart at a specific step (payment, shipment, etc)?
Do the users who are abandoning have anything in common - web / mobile, browser, location?
there was 50 a day going initially but it got out of hand, for now what were doingis IG Influencers and meme pages cause its cheaper, proably going to do 20 a day on FB if the IG promos work.
well as of right now im undergoing change to move my store into another niche (UNLESS) my promo ad going live at 3pm does well, and i cannot use FB ads rn they suck ur money up when testing
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