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Don’t expect to be profitable in your first month on Meta. Especially if launching a brand new product with no brand equity or organic following. New Ad account New pixel New organic pages New to market product There’s a lot of learning that has to take place. Both from a pure algorithm optimization side as well as creative, CRO and understanding your customers. It’s easy to get excited and have high expectations of performance. The reality is that winning on Meta takes time and a significant investment. Strap in, take a deep breath and prepare yourself for incremental wins each week. 📈
If we’re talking about a new brand, then it’ll likely be more than 1 month losing money.
Spot on! I don't wonder when I see many Redditors crying and blaming Meta for not giving them consistent results knowing that they are new players with no brand equity or organic following. After all, we advertise to humans and prospects do research before making a purchase, affecting the sales cycle. But people think meta ads are a magic wand😀
So true, Caleb Kruse! ↳ Launching on Meta is like planting a seed. 🌱 You don't get fruit the next day, right? - It's all about nurturing, testing, and learning what your audience loves. Got to admit, it's a bit of a rollercoaster but seeing those incremental wins is so worth it!
I like to think of it as "buying data"
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2moNew product to market is the biggest issue I find with this. Too many brands underestimate how competitive digital is and how much time it takes to truly refine your product, offer, website, and creative. You can use Meta as a market research tool to find that information, but you have to go into it with the mindset of losing money for the sake of knowledge.