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92. A Simple $10 Ad Strategy

The Ecommerce Roadmap · January 4, 2022 · 17 min

Summary

This episode cuts through the noise of complex ad strategies, offering ecommerce operators a straightforward, actionable four-step plan to leverage social media for audience growth and sales with just a $10 daily budget. It emphasizes consistent, strategic ad spend to build warm audiences and drive traffic, helping store owners move beyond emotional investment in social media to a more analytical and effective approach.

Key takeaways

Themes

paid acquisitionbrand & contentconversion & cro

Topics covered

facebook adsinstagram adssocial media advertisingaudience targetingretargeting campaignsengagement adsvideo adsconversion adsad budget allocationwarm audience building

Episode description

I see far too many eCommerce store owners spending hours every week on social media posts and ads. Often they are frustrated, worn down, and wondering if there's a better way to get the traffic they need. The short answer is that Social Media is still a very good platform for building a big warm audience of people who will become buyers, and it's an affordable source of high quality traffic. That said, I think this is the year we stop investing tons of time and emotional energy into the platform and start using it as one of the tools we use to grow our business. Like an app or marketplace, we can decide how we'll use it and set a "time and money" budget that we maintain consistently through the year. Listen in and hear the 4 simple steps I recommend store owners use consistently, and how you can spend a daily budget of $10 a day in a way that will grow your warm audiences significantly and get more traffic to your site for less money. Implement consistently and in a few months, you'll have a big warm audience of people who are visiting your site, signing up for your email list, and buying your products. Here are the 4 parts of your plan: 1. Connection. Attract your perfect audience by posting images and videos that include you, a team member, your products, and a peek behind the scenes of your business. Spend $5 a day consistently on a combination of Engagement and Video View ads 2. Build Warm audiences in the Ads Manager. Create Audiences of Recent Engagers on both Facebook and Instagram, email lists, and website visitors. 3. Use your best engagement or video ads that feature products for Conversion Ads, and target your warm audiences. Spend $3 a day consistently on Conversion Ads with a View Content Goal 4. Retarget Hot audiences consistently with Conversion Ads. Use your most successful Conversion Ads for Retargeting recent web visitors year round. Spend $2 a day consistently o

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Frequently asked about this episode

What does this episode say about paid acquisition?
Allocate $5/day consistently to engagement and video view ads to attract your ideal audience with authentic content (behind-the-scenes, team, product features).
What does this episode say about brand & content?
Utilize the Ads Manager to build warm audiences from recent Facebook/Instagram engagers, email lists, and website visitors.
What does this episode say about conversion & cro?
Spend $3/day on conversion ads, repurposing your best engagement/video ads that feature products, targeting your pre-built warm audiences with a 'View Content' goal.
What does this episode say about paid acquisition?
Continuously retarget your hottest audiences (recent website visitors) with your most successful product-focused conversion ads year-round to maximize sales.
What does this episode say about paid acquisition?
Shift from reactive social media posting to a proactive, budget-controlled daily ad spend strategy to consistently grow your audience and traffic.

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