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Re:Facebook Ads: The Cheapest Traffic You'll Ever Buy by ig1 on Monday April 04, 2011 @10:30PM (#2409431)
I feel silly asking you of all people this, but did you A/B test the targeting and images used or were you picking them based upon what worked elsewhere ?

If you want to take another shot as trying out Facebook and want to have someone look over your campaign, feel free to drop me an email.

Re:Facebook Ads: The Cheapest Traffic You'll Ever Buy by patio11 on Monday April 04, 2011 @10:35PM (#2409440)
That is a perfectly reasonable question. I didn't do any testing -- it was an experimental campaign and totally flamed out. If it had been anywhere in the general ballpark of feasible, I would happily have started iterating, but $35 CPA to the free trial of a thirty dollar product did not strike me as something which was amenable to iterate-quickly-to-victory.
Re:Facebook Ads: The Cheapest Traffic You'll Ever Buy by ig1 on Monday April 04, 2011 @10:48PM (#2409463)
For both the Theory of Geek and CoderStack ad campaigns going from initial ad to an optimized ad dropped eCPC by two orders of magnitude. Optimization has a huge impact on Facebook Ads.

Although if you're paying $0.05/click for traffic on Google there's probably less upside for you then someone who's paying $0.50/click on Google.

Re:Facebook Ads: The Cheapest Traffic You'll Ever Buy by justinchen on Tuesday April 05, 2011 @10:53AM (#2411156)
I second that. Just changing the image will often swing CTRs wildly. One of the great things about FB ads is that you can put an image (unlike google text ads) and the audience responds very well to images.
Re:Facebook Ads: The Cheapest Traffic You'll Ever Buy by mikeyur on Tuesday April 05, 2011 @02:44AM (#2409982)
Have you ever considered setting up an affiliate program and letting other people risk their own ad spend? Also gives the teaching blogs incentive to promote it to their readers/email lists.