I've created a good CTR (.250%) Ad targeting few US states, and after 2 days it has a suggested bid of 0.15 (was .25/.30 when i created the Ad)
If i edit it to add more US states (i need more fresh users) the suggested bid is higher again, as it was on the first day. So i exit without confirming (i don't want to have a .25 CPC again), but after 2 days i need to target a broader demo.
What should i do in your opinion ?
just create a new ad. with the new targeting and let that one keep running.
Just a fact of life for affiliate marketing, you often need to create ads and run them at a loss until you can reach a profitable CPC.
^^Yeah, what scotch said! One of the first pieces of advice I got regarding FB advertising was "Don't fuck with a good performing ad, ALWAYS make a copy to change something"
^^ Agreed!
Whats the campaign structure look like?? How many ads do run per campaign? after you find the best ad do you cut the others? and create a new campaign and to test more or just put new test ads in that campaign?
So let's say I have a good performing ad, CTR of around 0.2% on a low competition market, my bid is 0.43 and suggested bid is 0.04 to 0.08 - I like my volume so far, I'm paying 0.15 CPC and make a OK ROI, you guys think I should not touch it for my volume sake?
if its profitable....why bother.....if its not then yes back it down to a cpc that works for you
Why bother? More profit 