Here s Why You Probably Won t Get Sales From Your First Ad
Here's Why You Probably Won't Get Sales From Your First Ad Skip to content Start selling online now with Shopify
It’s clear that women were engaging much more with the ad, and it was tied fairly equally between the 18-24 and 25-34 age group. In this case the analytics show that it could be a good idea to just remove the ad budget for men, and just focus on targeting women instead. No matter what the outcome is for your ads, you’ll gain a ton of valuable information that you simply wouldn’t have before you ran your first ad.
Here s Why You Probably Won t Get Sales From Your First Ad
Article by Andrew Roach 14 Oct, 2018 Marketing. Advertising. Sales. Three big words. I’ll go out on a limb and say that those three words have delighted, worried, and even confused the vast majority of entrepreneurs at some point, myself included. And they’re not wrong. After all, you can have the best product in the world, but if nobody knows about it, then how can you expect to sell it? And, honestly, marketing and advertising are tough. Another truth bomb: you’re probably not going to make a sale with your first ad or marketing campaign. But that’s totally okay – because you’ll get something even more valuable instead. In this article I’ll explain why it can be so tough to make a sale with your first advertisement, how you can improve your chances at succeeding, and what you can get which is more valuable than a sale. Start selling online now with Shopify Start your free trialSetting Your Expectations
Before we get started, I want to talk about how important it is to set expectations about what you want to achieve, not only with your first ad or marketing campaign, but with your business in general. As entrepreneurs, we’re all chasing success. And success means totally different things to different people. For some, just making a sale is the most important thing. For others, their sights are set on bigger targets. That’s why it’s important that you establish what you want to achieve before you get started with your marketing campaigns. Write down your goal for your first campaign. Then, write down your goal for your tenth campaign. After that, write down where you want to be with your business after six months. Entrepreneurship is an ongoing challenge, and while you might not succeed with your first couple of marketing campaigns, you’ll certainly learn valuable insights that will help you to succeed later on down the line. After all, you probably didn’t build your business just to succeed with one campaign. You probably started to build a brand for the long-term. And once you’ve got your goals for the future written down in front of you, it’s much easier to tell if you’re moving in the right direction. Okay, now that we’ve covered the importance of goal setting, it’s time to get into the nitty-gritty of why it can be so tough to make a sale with your first marketing efforts.You Need to Understand Your Marketing Channels
When you’re running a business it’s imperative that you have an understanding of the marketing channels that you use to promote your business. Not just how to set up a marketing campaign, or how to come up with a creative, but also how your potential customers interact with marketing campaigns on that platform in general. Let’s use Facebook advertising as an example. Traffic from Facebook, which is a social media channel first and foremost, is likely going to have little initial motivation to shop. Think about it – when was the last time you logged on to Facebook with the aim of buying some shoes or a new hat? Probably never. And that’s the why Facebook is good and bad for marketing. Facebook is fantastic because their advertising platform offers you in-depth targeting options which will allow you to communicate directly with an audience that, at the very least, show interest in your niche. Here’s a look below at Facebook’s Audience Insights tool. You’ll see some inputs from our side on the left (for a niche audience) and some insights about that audience in the middle of the screen. And if you can manage to use this data to put a product in front of your audience which catches their eye, or offer something truly valuable to them, then you’ve got a chance to convert them. But, you’re competing for attention from your audience with their updates from their family, friends, and cute dog videos, so you can’t really expect 100% of people to click on your ad. In fact, studies have shown that the average click-through rates for Facebook ads for retail businesses sit around 1.59%. That’s relatively high too – the average click-through rate across all industries is 0.90%. That means that for every 100 people who you put your ad in front of, you can expect around one or two people to click. Not a lot, huh? Plus, factor in that you’re going to be targeting an untested audience of shoppers with your first ad, and it becomes clearer why it can be so tough to secure a sale with your first ad. Our best advice? Install the Facebook Pixel on your website, set up a broad target audience, and learn as much as possible – you can refine your campaigns later. You need to keep testing, and you need to keep trying, because that will give you something even more valuable than sales. With this newfound data you’ll learn: More about your audience. I bet you want to know which type of people engage with your products the most. More about your marketing campaigns. You’ll probably want to know which messages resonate most with different target groups. More about your landing pages. I guess you want to know which pages convert best too. It’s like they say, knowledge really is power. BONUS: Check out how one entrepreneur sold sunglasses using Facebook ads and made $8,873 in 31 days.You Need to Understand Which Products to Promote
Choosing which products to promote, and which pages you’re going to land your potential customers on, is so important. And you’re going to find much more success in this process if you make data-driven decisions. But how do you get that data? Yep, you guessed it – running tests. How else are you going to decide whether it’s better if your visitor lands on specific product pages, or on carefully curated collection pages after they’ve clicked on an ad? I recommend starting off by choosing three different products from your store which you believe your audience will love. If you’re using Facebook, you can turn a normal ad campaign into an A/B test with a single click: Next, set up campaigns to promote them on your marketing channels of choice. Make sure that all three campaigns are similar – except for the one thing that you want to test. This is what it might look like if you want to test which image generates more engagement: If you’re using a marketing channel which allows you to target specific audiences, keep those the same too. Launch your campaigns, and see which one performs best – that one will be the subject of your next test. From there, you can test the product with different audiences, or simply relaunch your prior campaign to the segment of your audience which performed best. If, for example, you noticed that mostly women clicked on your ad, reassign your budget to them. Maybe you saw that people aged 18-30 engaged with your ad most, so you can assign more budget to that audience. Or maybe you strike gold with your first ads – if this happens, just keep it going! Let’s take a look at the analytics example below:It’s clear that women were engaging much more with the ad, and it was tied fairly equally between the 18-24 and 25-34 age group. In this case the analytics show that it could be a good idea to just remove the ad budget for men, and just focus on targeting women instead. No matter what the outcome is for your ads, you’ll gain a ton of valuable information that you simply wouldn’t have before you ran your first ad.