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)
Table of Contents About 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 |
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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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