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Facebook Ads are Dead (Here's Why and What to Do)

Published on: November 22 2022 by LYFE Marketing

Facebook Ads are Dead (Here's Why and What to Do)

startTime durationTime text
00:00:00 00:00:05 let's all just take a moment of silence
00:00:02 00:00:08 for facebook because why facebook ads
00:00:05 00:00:10 are dead okay by dead i mean more
00:00:08 00:00:11 expensive fewer and fewer people are
00:00:10 00:00:13 using them and they're getting to a
00:00:11 00:00:16 point where it's extremely hard to make
00:00:13 00:00:18 them effective so dead so if you want to
00:00:16 00:00:20 know what you should be doing instead to
00:00:18 00:00:21 grow your business watch to the end of
00:00:20 00:00:25 this video
00:00:25 00:00:29 what's up everybody welcome back to the
00:00:27 00:00:30 channel i'm brandi with life marketing
00:00:29 00:00:32 the digital marketing agency with a
00:00:30 00:00:34 mission to help small businesses grow
00:00:32 00:00:36 super quick go ahead and like this video
00:00:34 00:00:38 subscribe to the channel and hit that
00:00:36 00:00:40 notification bell so that you don't miss
00:00:38 00:00:42 out on any of the business growing
00:00:40 00:00:44 videos that we put out every single week
00:00:42 00:00:46 okay so some of you may be watching this
00:00:44 00:00:49 like wait what's going on with facebook
00:00:46 00:00:51 so i'm gonna recap what has happened to
00:00:49 00:00:53 facebook there were a few things that
00:00:51 00:00:55 happened all at once the first being
00:00:53 00:00:58 that they started facing public and
00:00:55 00:01:00 legal backlash regarding the privacy of
00:00:58 00:01:02 their users facebook could tell so many
00:01:00 00:01:04 things about its users because it
00:01:02 00:01:06 tracked everything they did for example
00:01:04 00:01:08 with location tracking unless you
00:01:06 00:01:10 dictated otherwise facebook could have
00:01:08 00:01:13 access to track where your phone is aka
00:01:10 00:01:15 where you are when you're using the app
00:01:13 00:01:17 or at all times whether the app is open
00:01:15 00:01:19 or not so if you went into a target
00:01:17 00:01:21 today you might start seeing target ads
00:01:19 00:01:23 for different products on facebook that
00:01:21 00:01:24 night or if it could tell you have been
00:01:23 00:01:26 in a cell phone store for a few hours
00:01:24 00:01:28 you might start seeing ads for cute cell
00:01:26 00:01:30 phone cases now some of you may be
00:01:28 00:01:32 thinking okay but that's only if you set
00:01:30 00:01:34 your settings to allow that right well
00:01:32 00:01:36 for a long time most people didn't
00:01:34 00:01:38 really check to see how their settings
00:01:36 00:01:40 were set up from app to app they just
00:01:38 00:01:42 agree to terms without reading them
00:01:40 00:01:44 whenever they downloaded a new app it
00:01:42 00:01:46 hasn't been until recently with facebook
00:01:44 00:01:48 in so much hot water over the last few
00:01:46 00:01:50 years that i think the general public is
00:01:48 00:01:52 starting to question whether they want
00:01:50 00:01:55 to be tracked so much or not and then
00:01:52 00:01:57 the apple ios 14 update hit the most
00:01:55 00:01:59 important thing you need to know about
00:01:57 00:02:00 this update was that for apple users
00:01:59 00:02:03 they started getting these prompt
00:02:00 00:02:05 notifications that asked them do you
00:02:03 00:02:07 want this app to track you across apps
00:02:05 00:02:09 and other websites or not now even
00:02:07 00:02:11 though users have always had the option
00:02:09 00:02:13 to opt out of being tracked they've
00:02:11 00:02:15 never been presented with this question
00:02:13 00:02:17 directly in a mandatory prompt that you
00:02:15 00:02:19 have to answer that pops up on their
00:02:17 00:02:21 screen it's always just been an option
00:02:19 00:02:23 buried in settings that facebook
00:02:21 00:02:26 intentionally did not draw attention to
00:02:23 00:02:27 so now you've got all these people
00:02:26 00:02:31 opting out of being tracked across other
00:02:27 00:02:33 websites upwards of 96 to be exact so
00:02:31 00:02:36 what does this mean this means that if
00:02:33 00:02:38 you click on an ad on facebook facebook
00:02:36 00:02:40 can still see that you clicked the ad
00:02:38 00:02:43 but it can't see what you do after that
00:02:40 00:02:45 once you leave its platform if you've
00:02:43 00:02:47 opted out of being tracked that way so
00:02:45 00:02:49 it can't see if you made a purchase or
00:02:47 00:02:51 if you bounced and exited the site
00:02:49 00:02:53 immediately now this was a huge hit not
00:02:51 00:02:55 just for facebook but for its
00:02:53 00:02:57 advertisers small business owners like
00:02:55 00:03:00 you who watch our channel every day were
00:02:57 00:03:02 experiencing firsthand the loss of
00:03:00 00:03:04 tracking abilities because for example
00:03:02 00:03:06 if we wanted to take all of the people
00:03:04 00:03:08 who clicked from facebook to our website
00:03:06 00:03:09 and made a purchase make a lookalike
00:03:08 00:03:11 audience of those people that's not
00:03:09 00:03:14 really as effective anymore that used to
00:03:11 00:03:16 be a killer money making strategy that
00:03:14 00:03:18 can't really be utilized now because of
00:03:16 00:03:20 how many people are opting out of being
00:03:18 00:03:22 tracked another example is that you may
00:03:20 00:03:25 be looking in your facebook ads manager
00:03:22 00:03:27 and it's not showing accurate numbers as
00:03:25 00:03:29 to how many purchases you made or the
00:03:27 00:03:31 conversion value of how much you made
00:03:29 00:03:34 from facebook ads because they don't
00:03:31 00:03:35 know they can't tell if one of your
00:03:34 00:03:38 customers has opted out of being tracked
00:03:35 00:03:40 across other websites what's more is
00:03:38 00:03:42 that in january of this year facebook
00:03:40 00:03:44 had to delete thousands of detailed
00:03:42 00:03:46 targeting options that relate to topics
00:03:44 00:03:49 people may perceive as sensitive such as
00:03:46 00:03:51 options referencing causes organizations
00:03:49 00:03:53 or public figures that relate to health
00:03:51 00:03:56 race or ethnicity politikal affiliation
00:03:53 00:03:58 religion or sexual orientation so you
00:03:56 00:04:00 may have had a really successful ad
00:03:58 00:04:02 campaign last year that was successful
00:04:00 00:04:04 because of those niche targeting options
00:04:02 00:04:06 and now those same targeting options are
00:04:04 00:04:08 not available anymore so you can see how
00:04:06 00:04:10 everything compiled has started to leave
00:04:08 00:04:11 advertisers struggling to figure out
00:04:10 00:04:14 what they're supposed to do with the
00:04:11 00:04:15 remaining capabilities of facebook ads
00:04:14 00:04:17 now what i've mentioned so far about
00:04:15 00:04:19 facebook tracking you into target or
00:04:17 00:04:21 seeing if you made a purchase from a
00:04:19 00:04:23 facebook ad you clicked on are two very
00:04:21 00:04:25 light basic examples of how facebook
00:04:23 00:04:28 tracked everything you did and used that
00:04:25 00:04:30 information to its advantage the reality
00:04:28 00:04:32 is facebook was able to predict your
00:04:30 00:04:34 future behavior and buying decisions
00:04:32 00:04:36 because of how much data they had on you
00:04:34 00:04:37 i've heard some speculate that facebook
00:04:36 00:04:39 could tell when you and your partner
00:04:37 00:04:41 were thinking about having a baby for
00:04:39 00:04:43 example because that's the level of
00:04:41 00:04:45 psychological profiling we're toking
00:04:43 00:04:47 about you have to remember that data
00:04:45 00:04:49 adds up it's not about facebook just
00:04:47 00:04:51 knowing your age or your location it's
00:04:49 00:04:53 about them knowing absolutely everything
00:04:51 00:04:56 about you including everywhere you have
00:04:53 00:04:59 scrolled or clicked or physically walked
00:04:56 00:05:00 into every moment of every day so much
00:04:59 00:05:03 so that they can predict your future
00:05:00 00:05:05 thought patterns that lead to behaviors
00:05:03 00:05:07 so beyond the general public starting to
00:05:05 00:05:10 take their privacy into their own hands
00:05:07 00:05:13 facebook simultaneously started facing
00:05:10 00:05:15 huge lawsuits for mishandling its users
00:05:13 00:05:17 data and it falling into the hands of
00:05:15 00:05:19 other companies like cambridge analytika
00:05:17 00:05:22 for example where personal data from
00:05:19 00:05:25 over 87 million facebook users have been
00:05:22 00:05:27 improperly obtained by a politikal data
00:05:25 00:05:29 analytiks firm cambridge analytika smith
00:05:27 00:05:31 versus facebook was about whether
00:05:29 00:05:34 facebook's tracking of users visits to
00:05:31 00:05:36 medical websites violates california and
00:05:34 00:05:38 federal privacy laws and y'all this
00:05:36 00:05:40 doesn't even scratch the surface these
00:05:38 00:05:42 are just a couple quick examples so you
00:05:40 00:05:45 have that pot of hot water facebook has
00:05:42 00:05:47 been in with its data privacy lawsuits
00:05:45 00:05:48 then you have all these other things
00:05:47 00:05:51 going on like the federal trade
00:05:48 00:05:53 commission suing facebook again alleging
00:05:51 00:05:55 that it's a monopoly that has violated
00:05:53 00:05:57 federal antitrust rules you've got
00:05:55 00:05:59 whistleblowers like frances haugen
00:05:57 00:06:01 starting to come forth saying things
00:05:59 00:06:04 like facebook over and over again has
00:06:01 00:06:06 shown it chooses profit over safety her
00:06:04 00:06:08 findings that she shared included that
00:06:06 00:06:11 facebook knew instagram was worsening
00:06:08 00:06:13 body image issues among teenagers and
00:06:11 00:06:15 that it had a two-tier justike system
00:06:13 00:06:17 one artikle said while facebook has
00:06:15 00:06:19 publicized its work to combat
00:06:17 00:06:21 misinformation and violent extremism
00:06:19 00:06:23 relating to the 2020 election and
00:06:21 00:06:26 insurrection ms halligan's documents
00:06:23 00:06:28 told a different story one cover letter
00:06:26 00:06:30 read in reality facebook knew its
00:06:28 00:06:32 algorithms and platforms promoted this
00:06:30 00:06:35 type of harmful content and it failed to
00:06:32 00:06:38 deploy internally recommended or lasting
00:06:35 00:06:40 countermeasures then late last year the
00:06:38 00:06:42 parent company facebook rebranded to
00:06:40 00:06:44 meta and received a little bit of
00:06:42 00:06:46 skeptikism and backlash because people
00:06:44 00:06:47 felt like they were just trying to sweep
00:06:46 00:06:51 everything under the rug with this
00:06:47 00:06:52 conveniently timed name change so i mean
00:06:51 00:06:55 wow you hear all this kind of stuff and
00:06:52 00:06:56 you think why is anyone on facebook
00:06:55 00:06:59 because this is the bad press that's
00:06:56 00:07:02 been piling on for years now but
00:06:59 00:07:04 facebook still has 2.9 billion monthly
00:07:02 00:07:06 active users still making it the largest
00:07:04 00:07:08 social media site worldwide so despite
00:07:06 00:07:10 everything people are still using the
00:07:08 00:07:12 app in their everyday lives they're just
00:07:10 00:07:15 not as trackable and therefore facebook
00:07:12 00:07:17 ads are not as valuable to advertisers
00:07:15 00:07:18 and small business owners as they once
00:07:17 00:07:20 were all right so now that you're up to
00:07:18 00:07:22 speed on what has been going on with
00:07:20 00:07:24 facebook i want to tok about what steps
00:07:22 00:07:26 you can take to keep your business
00:07:24 00:07:28 growing but first here is a quick
00:07:26 00:07:30 message from morgan on our new monthly
00:07:28 00:07:32 coaching program hello we just helped a
00:07:30 00:07:34 small business make over 1.5 million
00:07:32 00:07:36 dollars through facebook advertising
00:07:34 00:07:38 after managing millions of dollars of ad
00:07:36 00:07:40 spend for thousands of small businesses
00:07:38 00:07:41 and creating thousands of social posts
00:07:40 00:07:43 to help businesses connect with their
00:07:41 00:07:44 customers we know how to get results and
00:07:43 00:07:46 we want to help small businesses get
00:07:44 00:07:48 results too so we've decided to give
00:07:46 00:07:50 away our knowledge learning experiences
00:07:48 00:07:52 resources tools and feedback to help you
00:07:50 00:07:54 achieve results for your digital
00:07:52 00:07:56 marketing efforts if you want to learn
00:07:54 00:07:57 the blueprint for success the best
00:07:56 00:07:58 practikes from some of the fastest
00:07:57 00:08:00 growing companies in the world get
00:07:58 00:08:02 access to all the tools you'll need and
00:08:00 00:08:04 get live expert guidance from yours
00:08:02 00:08:06 truly stop what you're doing and sign up
00:08:04 00:08:07 for our coaching program today all right
00:08:06 00:08:09 here are three things you can do to
00:08:07 00:08:12 continue growing your business number
00:08:09 00:08:12 one leverage facebook but in a different
00:08:12 00:08:15 way
00:08:12 00:08:18 wait hold up continue using facebook did
00:08:15 00:08:20 i just say that i did but hear me out a
00:08:18 00:08:22 lot of small business owners have
00:08:20 00:08:24 invested so much time and money into
00:08:22 00:08:26 their facebook marketing over the years
00:08:24 00:08:28 building up thousands and thousands of
00:08:26 00:08:31 page likes fostering an engaging
00:08:28 00:08:33 community and so on they're not ready to
00:08:31 00:08:35 just call it quits or throw in the towel
00:08:33 00:08:38 on facebook yet if that sounds like you
00:08:35 00:08:40 i've got some resources for you
00:08:38 00:08:41 and a glimpse of hope in this video i
00:08:40 00:08:44 show you how to rethink your facebook
00:08:41 00:08:46 advertising funnel to leverage facebook
00:08:44 00:08:49 oriented ad campaigns that don't drive
00:08:46 00:08:50 traffic away from the facebook platform
00:08:49 00:08:52 because remember facebook can still
00:08:50 00:08:54 track everything that happens on its
00:08:52 00:08:57 platform it just can't track users
00:08:54 00:08:59 across other websites and apps so that
00:08:57 00:09:01 video shows you how to restructure your
00:08:59 00:09:03 facebook ads to keep people on the
00:09:01 00:09:05 platform while still moving them down
00:09:03 00:09:08 your sales funnel plus it's worth noting
00:09:05 00:09:09 that there are other organic strategies
00:09:08 00:09:11 outside of just paid facebook
00:09:09 00:09:14 advertisements for instance facebook
00:09:11 00:09:16 reels have really been taking off or
00:09:14 00:09:19 with facebook events for example anybody
00:09:16 00:09:21 can send 500 direct invites to their
00:09:19 00:09:23 friends on facebook prompting them to
00:09:21 00:09:26 rsvp to your event which can lead to
00:09:23 00:09:27 massive direct organic reach so if
00:09:26 00:09:29 you're still wanting to make facebook
00:09:27 00:09:30 work check out those three videos i will
00:09:29 00:09:33 link them in the description to get you
00:09:30 00:09:35 started if however you are done with
00:09:33 00:09:37 facebook and you are looking at me like
00:09:35 00:09:39 don't worry i've got two other options
00:09:37 00:09:42 for you number two is to check out other
00:09:39 00:09:43 advertising platforms while facebook has
00:09:42 00:09:46 been under all this scrutiny and
00:09:43 00:09:47 distress other advertising platforms
00:09:46 00:09:50 have been rising something i
00:09:47 00:09:51 specifically address in this video so do
00:09:50 00:09:53 some research to figure out which
00:09:51 00:09:55 platform holds the majority of your
00:09:53 00:09:57 target audience specifically and start
00:09:55 00:09:59 testing out some ad campaigns on that
00:09:57 00:10:01 platform at life marketing we have
00:09:59 00:10:02 always said the newer the platform
00:10:01 00:10:04 generally the cheaper the ads and the
00:10:02 00:10:06 better the results so if you're pulling
00:10:04 00:10:08 the plug on facebook reallocate that
00:10:06 00:10:10 budget to a different platform that has
00:10:08 00:10:12 a sizable percentage of your target
00:10:10 00:10:14 market on there and number three take
00:10:12 00:10:15 whatever leads you did collect from
00:10:14 00:10:17 facebook over the years and make the
00:10:15 00:10:19 most of them with an effective email
00:10:17 00:10:21 marketing campaign don't just let all of
00:10:19 00:10:23 your facebook efforts go to waste you
00:10:21 00:10:25 can still leverage any lead information
00:10:23 00:10:27 you collected by funneling them into a
00:10:25 00:10:29 strategic email marketing campaign
00:10:27 00:10:31 something i help you get started with
00:10:29 00:10:33 here or you can upload them to the new
00:10:31 00:10:35 advertising platform you're testing out
00:10:33 00:10:37 to start with some existing data instead
00:10:35 00:10:39 of from scratch the beauty of an email
00:10:37 00:10:41 list is that you own it because the
00:10:39 00:10:43 customers on it have opted in to receive
00:10:41 00:10:46 information from you so you can follow
00:10:43 00:10:47 up with them outside of facebook to move
00:10:46 00:10:50 them down your sales funnel and if
00:10:47 00:10:51 you're thinking crap i didn't really get
00:10:50 00:10:53 a lot of emails from my facebook
00:10:51 00:10:55 followers i just drove them to my
00:10:53 00:10:57 website as much as i could you can still
00:10:55 00:10:59 run a facebook lead generation campaign
00:10:57 00:11:02 targeted towards a custom audience of
00:10:59 00:11:03 your page likes and engagement to see if
00:11:02 00:11:06 there are any you can collect before you
00:11:03 00:11:08 call it quits on facebook ads so with
00:11:06 00:11:10 all that information what are your
00:11:08 00:11:11 thoughts on facebook ads are you still
00:11:10 00:11:14 going to give it a shot with a facebook
00:11:11 00:11:15 oriented advertising funnel or are you
00:11:14 00:11:17 going to try some of the other options i
00:11:15 00:11:19 mentioned today let me know down in the
00:11:17 00:11:21 comments otherwise don't forget to like
00:11:19 00:11:23 subscribe and hit the notification bell
00:11:21 00:11:25 before you go to watch the other videos
00:11:23 00:11:28 i mentioned today and i will see you in
00:11:25 00:11:28 the next episode

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