Facebook Advertising: Suggested Bid: $1.36 - 1.66 USD

[Semi-Retired-Dave]

What happened to $0.25 cents per click?

[Alky]

crappy CTR?

[IllTestYourGirls]

There are ads on facebook?

[hypedough]

It's gotta convert like crazy?

[Semi-Retired-Dave]

Originally Posted by hypedough

It's gotta convert like crazy?

Not sure. I guess depending on what you are selling.

[dallasnovelty]

It didnt convert for me and the same with myspace ads. im glad i had a $50 coupon to try them

[Semi-Retired-Dave]

Originally Posted by dallasnovelty

It didnt convert for me and the same with myspace ads. im glad i had a $50 coupon to try them

What were you selling?

[CIVMatt]

Originally Posted by hypedough

It's gotta convert like crazy?

Lol yeah right

[kristin]

Originally Posted by hypedough

It's gotta convert like crazy?

Umm...no.

I used it for my blog and such, didn't do so hot. Depends on what you are selling I guess.

[alias]

Just spam it, fuck paying. Put in the work.

[BradM]

It converts terrible on anything I have tried even FREE services like "workrant" style sites

[Elli]

Originally Posted by kristin

Umm...no.

I used it for my blog and such, didn't do so hot. Depends on what you are selling I guess.

Same. no love on the facebook ads for my mainstream project, either.

[alias]

Faceook & social users are conditioned to avoid ads, there have been studies done.

[Domain Diva]

Originally Posted by alias

Faceook & social users are conditioned to avoid ads, there have been studies done.

Thats correct...even facebooks official overview statement about 3 months ago had them stating that thier advertising program wasnt working and they intended to look at new ideas and ways to address the problem long term.

[Semi-Retired-Dave]

Originally Posted by CyberClaire

Thats correct...even facebooks official overview statement about 3 months ago had them stating that thier advertising program wasnt working and they intended to look at new ideas and ways to address the problem long term.

I think that is when they wanted to charge every user $3.00 a month or something.

[rowan]

Originally Posted by CyberAge-Dave

I think that is when they wanted to charge every user $3.00 a month or something.

Awww no, don't do that, someone will create a group called "FUCK NO WE WON'T PAY $3 A MONTH FOR FACEBOOK" and 3 million people will "like" it... it's like any other worthy cause, clicking actually makes a real difference!

(Then 50 others will create groups along the lines of "join to find out how to keep facebook free" along with instructions to invite your friends then complete a short survey to find out how........)

[Monique Niccole]

I've broken even on FB Ads, but with all the hassle trying to create an ad that actually gets approved, it isn't even worth the effort.

[Argos88]

good luck trying to convert teen traffic with no credit cards...

[Domain Diva]

Originally Posted by CyberAge-Dave

I think that is when they wanted to charge every user $3.00 a month or something.

I think a lot will change over the next few yrs as these huge social network type sites try to figure a way to make $$$$.... it seems thier orginal plan of showing advertising to the masses failed.

I also see twitter is now looking for a revenue model and has or is starting to place ads....guess they too will soon find that the average surfer is now a lot smarter than ever and they will have to come up with a different way to capture those $$$$ once this experiment fails...(in my view)

[Semi-Retired-Dave]

Originally Posted by rowan

Awww no, don't do that, someone will create a group called "FUCK NO WE WON'T PAY $3 A MONTH FOR FACEBOOK" and 3 million people will "like" it... it's like any other worthy cause, clicking actually makes a real difference!

(Then 50 others will create groups along the lines of "join to find out how to keep facebook free" along with instructions to invite your friends then complete a short survey to find out how........)

SO true, but if 10% stay and pay, they will still make more then their advertising does.

[Domain Diva]

Originally Posted by CyberAge-Dave

SO true, but if 10% stay and pay, they will still make more then their advertising does.

I think media companies prefer masses of users in the hope of finding the golden egg instead of doing what would simply be instant profits such as your example.