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In January 2017, Small Business Trends released the results of a survey of over twenty-six-hundred small business owners, revealing that sixty-two percent of them believe Facebook ads are ineffective. With complaints of little-to-no ROI, these entrepreneurs say they will not use Facebook advertising again. Some experts, however, challenge this viewpoint, saying that properly targeted Facebook ads do indeed, provide results.
"When businesses don't see the results they hope for, it's usually because they haven't done enough testing on their ad copy, visuals, and the ideal combination of information to target the right audience," says Vitruvian Digital Advertising Founder, Kristie McDonald.
Jeanine Blackwell, Founder of The Launch Lab agrees, saying that marketers aren't asking themselves the right questions to determine an effective target market for their ad campaigns. "The problem is that most advertisers only use the simplest of criteria to let Facebook know who they want to see their ads, such as gender, age, and income," says Blackwell. "When you couple this information with more insights on the behaviors and unique interests of your audience, you can deliver your ads only to people likely to be interested in what you offer."
Both experts agree that a testing budget as small as five or ten dollars a day, focusing on different mixes, can tell you what you need to know before you begin to invest larger amounts in your campaign....
Are Facebook ads ineffective, or is the problem user error? As always, "it depends!" Good read.