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The team at AdEspresso seem to have the most up-to-date benchmarks at the moment. They studied over 100 million dollars of ad spend in 2016 Q3 and came up with a set of benchmarks for the current cost of Facebook advertising. Here are a few of their findings (the currency is in U.S. dollars):
Another great type of ROI to consider is social ROI. On top of the revenue you might earn through Facebook ads, you might also generate some interactions on your ads. Social ROI considers the amount of social engagement (likes, comments, and shares) you get from your Facebook ads relative to your investment.
Okay, before we get started, I want to differentiate between purchased followers and real followers on Facebook. You can do any type of Google search and find hundreds of websites that will have their robot and spam account followers go and like your facebook page in just a few hours. And if you do that, you will ruin your Facebook page. You see, Facebook has an algorithm that looks for these types of activities. And if they find that your page is indulging in a quick fix, they will penalize you. Going forward your organic reach will be stymied and your page will never have the potential it could have had if you had built it the correct way.
As a quick cheat sheet, images will get the most engagements in terms of reactions (likes, love, laugh), shares, and comments. Videos will receive a lot of views, but less actions. Updates are third in reach, and link shares are dead last in the amount of people you can reach for the same amount of money. So, I would put most of your time into image posts at first.
In some cases, it might be easier to simply delete your post and start over. However, if you have already got likes, comments or shares of your boosted post, this method allows you to retain that engagement.
With the cost per Page like rapidly rising during 2021, the move away from Page Like campaigns continues. With an average price of 38 cents per Page like, it would cost $380 to get 1,000 Page likes using paid ads.
And if so, is there an aprox. across the board premium (ie multiple ) that you could boil down from your research? For instance, in our case we see 3302 facebook clicks translate into 503 referrals in google analytics.
Any chances that the estimated number of likes (for Page promotion) will decrease if I compare same adverts published on a regular weekday VS the same advert published on a weekend? All of the choices remain the same (image, text description, demographics, etc) but I get different estimated number of likes on a Thurs vs a Friday.
What a fantastic article. Before reading this article I myself did not know the fact that CPC can vary even by hours and months. I used to wonder why sometimes I get very higher CPC when promoting my blog post for the same audience that has given me much less CPC in the past. Thanks for all those graphs related to CPC Statistics. It is very helpful. It would definitely help me to come into better conclusions in relation to my facebook ads campaign cost per click.
I ran this ad for Shopaholly. While I only spent $5, I would have had similar results even if I had spent $500. Sure, I would have reached a lot more people, and maybe even gained a few lucky likes. But overall, I would have wasted $500.
So, if your main goal is to get store sales, you can run a conversion ad and still increase Facebook likes to your page. To learn more about Facebook advertising, check out this Facebook ads questions video.
Between October 3 and November 3, the Democratic presidential candidate's page grew by 709,199 likes, up by 25.28 percent. In comparison, Trump's account on the social network had a like growth of 1.3 million, equivalent to a 4.44 percent rise. That amounts to Biden's likes growing five times faster than Trump's.
Data from Facebook-owned analytics tool CrowdTangle shows 3.51 million users currently like Biden's official page, but that's dwarfed by the 30.73 million page likes on Trump's account, giving the president a commanding lead of over 27 million.
Angelo Carusone, CEO of the non-profit watchdog Media Matters for America, said: "He likes that his account performs well on there, but Facebook is not really a part of his personal media diet so analyzing it will only really give insight into how the campaign is leveraging the platform."
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