Hey there,
I have 1 dropshipping product with 2 upsells that I promote since 2 years now with the same ad and it's generating at least 1 sale per day. Unfortunately it's a small market and not so scaleable and margin is small. Nevertheless it brings in some money.
But I got bored with the aforementioned product I have running via clickfunnels and thought: Hey, why not start something more into ecommerce with a higher margin and get a
Facebook ad -> Conversions, target audience: epacket countries, age 24-65 male+female and targeted 5-8 behaviors/interests "around" the product. As a budget I set 3,50 EUR/Day.
Now after 48 hours 2 products didn't have any sales.
1 product had 3 sales coming from one buyer (no idea why he ordered 3 items) and
1 product had 1 sale.
Margin per sale is 15-20$.
But now I'm at the point I have zero experience with and stupid/naive as I am I didnt think about it before: how to scale these ads now? I mean 1 sale is "nothing" and hard to scale but is there anything I shall do or shall not do? Any advices/tipps would be very much appreciated.
Thanks for your help,
chardonnay
Many thanks for taking your time and looking into that, much appreciated.
I used to media buy, but now I'm an affiliate manager, and from what I've seen ran in the past & with my affiliate campaigns, your audience size needs be smaller.
Facebook is definitely going towards broad targeting this year and trying to take your time away from having to optimize (with CBO rolled out) - but you should get your pixel to be warmed up for that first. You also need to find a winning product prior to that.
Why don't you split the audiences into different Geos and age brackets with the same ad -
25-34/35-44/45-54/55+
See which one has the best performance in terms of CPCs.
Then determine which Geo performs best -
AU/CA/UK/US
Tier 2 Geos
Etc
Separate all of them into different countries. If you put all of them into one adset, then Facebook will optimize for the cheaper countries to deliver to.
If one geo is partically large, then segment it down by interests. this REALLY depends on what your product is. If it's something like a hair brush that anyone could use, go with a broad interest like Beauty/Hair/Brands for hair products. If it's something like a "Cat-Friendly Vacuum Cleaner", then go with very niche cat-demo interests (Cat Crazy/brands of cat food/names of pet stores + cats).
Once you find your best audience, keep trying different variations of ads/videos/copy.
Some affiliates run it the other way around, testing ad + copy first, but with e-commerce, it's primarily finding the right product for the right audience that's the most important.
PS.... If you wanna just run branded e-commerce offers that work, and avoid dealing with the drop-shipping process with customer service + fulfillment, hit me up 
Michelle
~michelle.ma@jbskype.com