Hey all,
I recently launched my first Shopify store, hoping to sell some products that I designed. I decided to stick mainly to Facebook ads because I'm not very sure how to create viral media. Regardless, I am here hoping to get some guidance and fact-checking. Any advice will be appreciated.
First
I first got into this business working on Fiverr. A German person who owned a marketing agency hired me there to help him design products to sell (in Germany). I designed maybe half of the products on his page. Through working for him, I also chatted with him. He told me that he was spending 15 Euros a day on ad spend, getting about 400 sessions on Shopify, and about 18 orders a day. This amounted to around 400 Euros a day in revenue. Since then, I've stepped away from designing to focus on school. But now that I have more free time (senior college), I decided to launch my own store, seeing that my designs were desirable (because he was able to sell my designs). I don't believe him to be a guru or lying to me about his numbers because it doesn't benefit him at all.
So I tried to replicate his strategy as much as I could. I haven't been able to get in contact with him, so I had to stalk the Facebook ads library, Shopify store, etc... The only difference between my products/page and his was that his were more playful, and mine were more aesthetically pleasing. From what I could tell, he had almost no organic growth and relied mostly on ad spend.
I just want to see if you guys thought his spending, conversion rate, and revenue were realistic.
Second
I haven't seen much success with ads. When I first began paying for ads, I used Instagram Boost. I know this may not be the best method, but I wanted to try it out. I spent $200 over 4 days and got 4 sales. I used an image post of a single image. I got about 3108 reaches with 3602 views. 113 link clicks, 112 content views, 13 ATCs, and 6 checkouts initiated. Only 4 purchases. CTR of about 3%. My AOV is relatively low, maybe around $30. After material costs, labor, packaging, and shipping, I lost money. So I decided to go with Facebook Ads or Meta Ads.
Do these numbers look promising?
Third
Currently, I'm on Meta Ads. I decided to set an ad spend budget of around $50 a day, like before on Instagram. My Ad set originally included two ads. One video and one image, the same image as the Instagram post. The video flopped pretty hard and ate up most of the budget. I ran these two ads for about 2 days and stopped. So I disabled it and replaced it with an unboxing video (now it's an image and a video). It's been around 12 hours since I restarted the ads. For the image, I'm getting around 3.66% CTR, $1.20 CPC, and $1.61 Cost per landing page. 17 landing page views. The new video still isn't doing well at all. I also switched from Advantage placement to manual.
I haven't had any sales since I switched over to Meta.
Am I giving it enough time to learn? The Instagram Boost got sales almost right away, so I was thinking there's something wrong with my Meta ads.
What else can I do? Or should I just let it learn?
Thank you for reading, and any advice would be appreciated.