Is it worth to keep this ad:
CTR: 0.1
earning EPC: 0.20
paying per click: 0.65
So now I have an ad which gets me over 0.1 CTR.
I started to bid with 0.99 per click, now facebook charges me 0.65 per click on avarage, but it keeps falling.
How much more will it fall? I really need to get it lower than 20 cents per click
What's the CPM facebook wants to get from you?
I'm targetting male 35 - 45 year old.
Should I keep this ad or make new ones aiming for better CTR?
personally the rule of thumb on FB is until you get 1% CTR I wouldn't test CPM...If you improve your CTR you will decrease the CPC.. I've seen my cost go down from $.86 all the way to $.24 but that's on >1% CTR..
R u sending to an external URL or fanpage? If it's latter I've seen CPM work better especially the broader the offer/topic/page
It's external URL? What difference does it make? Cheaper bids?
If it were me, I'd post the ad at a CPM of 0.15 and see what happens. With a CTR of 0.1%, your clicks will be $0.15. You will know how it fares after spending $5-10.
I edited the add to CPM costing, but facebook doesn't want me to give any impressions at 0.15. They suggest min 0.31
What's the CTR i should aim for if I want to reach 0.10 CPC?