How Much Should You Spend On Facebook Ads?
Great questions, especially if you are just getting started.
This is one of the most common questions that I get from clients and it came up again in this podcast interview that I had the pleasure of doing recently with Katie Eaker of the Hustlenomicss Podcast.
So, here’s what I have to say about this…
Start with what you have. Even if that’s only a $5-$10/day budget. You’d be surprised how far that can go with the right offers and strategy in place. Many clients that I have worked with start at a $10/day list building budget, bringing in 5-10 new qualified leads a day. In one month, that’s 150-300 new leads who could become potential buyers. Leads that you OWN and can now email for free as much as you want.
Let’s say only 1 of those people end up buying your program or investing in services.
BOOM. You’ve now just made back your return on your investment. Plus, you have all those other potential prospects that you can now nurture through email and sell to over time.
The question then becomes…NOT how much should I spend? But rather, how much do I want to make?
TO HEAR MORE and tune in to the full interview visit the link in bio over at Hustlenomics Podcast Episode 71