Hey STMers!
I've been a member of STM for over a month now and I have started several campaigns during that time. I have figured out all the technical complexities of tracking winning FB ads, designing high CTR landing pages and I have launched ads with 100%+ ROI.
The problem I now have is that I am struggling to scale up these ads and make a decent ROI (profit) on them. I scaled up 4 ads this week (£15/day x2, £25 x 2) and they failed miserably.
I'm currently running Dating offers in Canada and I know that the offer is good (I talk to my AM regurlarly). It converts well in smaller budget tests.
I just need some advice from FB veterans who are CRUSHING it so I can tweak my ads and join you guys on the THRONE!
Thanks a lot.
Jay.
What are you doing, when you talk about scaling? Does it mean you are increasing your bids, opening your daily spend limits, or broadening your targeting?
By scaling up I mean I am increasing the daily spend amounts. At 12am this morning, I increased 2 ads up to £15/day. Here's the current state of play on the 3 ads that are running:

Ads 2 and 3 are running the £15/day budget increases:

I'm targeting a broad age range too.
Thanks.
Cyb -
1 fast move you can do is replicate the campaign & test it in different countries with different offers & lower budgets..
sometimes you can find a winner doing this & scale upward from there versus collecting data from only 1 country : 1 offer..
@cyberdelicstudio, could you be able to come up with a scaling strategy for the same demo you are running your camps?