▲ 3 r/FacebookAdvertising+1 crossposts

Daily budget relation to Product Price

So, this might sound like a dumb question, but I'm genuinely curious because I'm on a tight budget, and this would help me tremendously if it's true.

From what I understand, if a product costs $25, it's recommended to set your daily budget to at least $25 in order to see conversions.

But what if the product costs only $2.50? Would a daily budget of $2.50 be enough? Would I still be able to get conversions at that budget for that product?

I'm asking because it's generally recommended to wait at least 2–3 weeks before deciding whether an ad is working.

I can't afford to do that with a $25/day budget.

However, I can afford to do it with a $2.50/day budget.

Also, if I kept my daily budget at $25 but advertised a $2.50 product instead, wouldn't my chances of reaching 50 conversions per week be much higher?

So, what I'm essentially asking is: wouldn't it be smarter to advertise lower-priced products with Facebook Ads?

Thanks in advance!

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u/ajbooks123 — 3 days ago
▲ 3 r/IndianEntrepreneur+2 crossposts

Integrating Dodo Payments or Kelviq with Shopify (International Payments Issue)

Hello everyone,

So, I run fb ads to my shopify store. All my customers are in the US and UK. My payment gateway Razorpay has a transaction success rate of 25%, and I requested them to enable non-3ds cards, but they just told me to wait 90 days. I tried to reach out to a razorpay account manager on Linkedin, and they responded once, but haven't provided any solution yet. I have paused all my ads.

I am in the process of getting an account opened in Payglocal, but I don't know how long it would take, or how well it would work if they let me open an account.

I have heard good things about Dodo payments and Kelviq, but the thing is you can't directly integrate them with shopify like you can integrate Razorpay. Sure, I can put a link. But I run conversion ads on FB and I need the landing page, add to cart, purchase etc data in order for the ads to learn what kind of people buy my ebooks. Is there any way I can integrate Dodo payments or kelviq so that I can run meta ads effectively??

Thanks

reddit.com
u/ajbooks123 — 2 months ago