How To Make Winning Products Profitable with Facebook Ads | Shopify Dropshipping
Published on: December 3 2022 by Dylan Pondir
How To Make Winning Products Profitable with Facebook Ads | Shopify Dropshipping
How To Make Winning Products Profitable with Facebook Ads | Shopify Dropshipping
startTime | durationTime | text |
00:00:00 | 00:00:05 | they point to to return on adspend for |
00:00:03 | 00:00:07 | my retargeting campaign now what's crazy |
00:00:05 | 00:00:09 | is I'm gonna actually show you that I |
00:00:07 | 00:00:11 | was losing a ton of money on my |
00:00:09 | 00:00:14 | retargeting just other days so I'm gonna |
00:00:11 | 00:00:16 | unload my filter here I'm gonna filter |
00:00:14 | 00:00:19 | by a lifetime and then we're gonna look |
00:00:16 | 00:00:21 | at my retargeting setup so I label it so |
00:00:19 | 00:00:23 | it's pretty easy to sort and I want you |
00:00:21 | 00:00:25 | to look at this here we have my warm CBO |
00:00:23 | 00:00:27 | retargeting campaign and this campaign |
00:00:25 | 00:00:30 | actually included my how audiences too |
00:00:27 | 00:00:32 | so this was everything from 95% video |
00:00:30 | 00:00:33 | viewers up to an 88 check out it's been |
00:00:32 | 00:00:39 | a hundred and sixty-five dollars with |
00:00:33 | 00:00:41 | one purchase 0.36 return on adspend I I |
00:00:39 | 00:00:42 | thought oh maybe it's like the audience |
00:00:41 | 00:00:44 | sizes are too small so I launched it |
00:00:42 | 00:00:45 | with like a traffic slash impression |
00:00:44 | 00:00:47 | based objective |
00:00:45 | 00:00:50 | I could tell wasn't gonna perform got |
00:00:47 | 00:00:52 | rid of that and then I had some |
00:00:50 | 00:00:54 | campaigns that I deleted that just |
00:00:52 | 00:00:56 | didn't perform so I spent around $200 on |
00:00:54 | 00:00:59 | retargeting to generate one sale and |
00:00:56 | 00:01:02 | lose about a hundred and seventy dollars |
00:00:59 | 00:01:04 | in testing this is where a lot of people |
00:01:02 | 00:01:06 | get discouraged and it was discouraging |
00:01:04 | 00:01:07 | I was like you know maybe retargeting |
00:01:06 | 00:01:09 | doesn't work for this product and then |
00:01:07 | 00:01:10 | you know the reality kicked in of |
00:01:09 | 00:01:14 | retargeting always works if done |
00:01:10 | 00:01:16 | correctly so I sat down yesterday in the |
00:01:14 | 00:01:18 | previous day for about thirteen hours |
00:01:16 | 00:01:20 | each day created a bunch of custom |
00:01:18 | 00:01:22 | content recorded myself utilizing the |
00:01:20 | 00:01:24 | product had some people take selfies and |
00:01:22 | 00:01:26 | to give testimonials with the product |
00:01:24 | 00:01:28 | and completely rethought my retargeting |
00:01:26 | 00:01:30 | strategy and what happened when I did |
00:01:28 | 00:01:33 | that was outstanding |
00:01:30 | 00:01:37 | so let me filter this by active and if |
00:01:33 | 00:01:41 | we look at we'll do the past two days |
00:01:37 | 00:01:44 | you can see that my funnel is set up in |
00:01:41 | 00:01:46 | performing exactly as I wanted so my |
00:01:44 | 00:01:48 | testing I'm testing interests here |
00:01:46 | 00:01:50 | that's performing at a one point nine |
00:01:48 | 00:01:52 | zero return has been my breakeven is |
00:01:50 | 00:01:53 | about one point three three return a |
00:01:52 | 00:01:55 | spent so this is generating a profit |
00:01:53 | 00:01:57 | which is good my look-alikes are |
00:01:55 | 00:02:00 | performing better than their interest |
00:01:57 | 00:02:02 | which is a good sign and then my warm |
00:02:00 | 00:02:03 | audiences three point nine four Burton |
00:02:02 | 00:02:07 | has been in my hot and eight point two |
00:02:03 | 00:02:10 | two and then this didn't track three |
00:02:07 | 00:02:12 | purchases so I just checked my analytiks |
00:02:10 | 00:02:13 | so yesterday I did one point eight five |
00:02:12 | 00:02:16 | thousand |
00:02:13 | 00:02:19 | today I've done about five hundred and |
00:02:16 | 00:02:21 | eighty four dollars and it's it's only 1 |
00:02:19 | 00:02:23 | p.m. here so probably should be close to |
00:02:21 | 00:02:24 | a two thousand dollar day again and it's |
00:02:23 | 00:02:27 | performing really well its performing |
00:02:24 | 00:02:30 | consistently so what I wanted to do was |
00:02:27 | 00:02:32 | discuss the right way to do retargeting |
00:02:30 | 00:02:34 | that's literally this is what I'm doing |
00:02:32 | 00:02:37 | I'm gonna give it away for free here and |
00:02:34 | 00:02:39 | also tell you what you should not be |
00:02:37 | 00:02:41 | doing so without further ado I'm just |
00:02:39 | 00:02:43 | gonna jump into it right now what I'm |
00:02:41 | 00:02:45 | actually gonna do is show you some old |
00:02:43 | 00:02:47 | ads from my private label brand brain |
00:02:45 | 00:02:48 | farm and I've got some like boxes |
00:02:47 | 00:02:50 | sitting around here you guys can check |
00:02:48 | 00:02:52 | out the website and some of these old |
00:02:50 | 00:02:55 | ads I don't run any ads for this anymore |
00:02:52 | 00:02:58 | so I think it would be a good idea to |
00:02:55 | 00:03:01 | kind of build out a an ideal marketing |
00:02:58 | 00:03:04 | funnel for Facebook advertising for this |
00:03:01 | 00:03:05 | brand as an example so here we have a |
00:03:04 | 00:03:08 | couple old ads so let's check out what I |
00:03:05 | 00:03:09 | had and don't try to replicate these |
00:03:08 | 00:03:11 | because honestly they didn't perform |
00:03:09 | 00:03:12 | good at all and I didn't really know |
00:03:11 | 00:03:16 | what I was doing it was almost a year |
00:03:12 | 00:03:16 | ago so let's check this out |
00:03:17 | 00:03:19 | you |
00:03:20 | 00:03:25 | so let's say this is my cold this is |
00:03:24 | 00:03:28 | what I'm running the cold audiences |
00:03:25 | 00:03:30 | let's say this is generating that 1.90 |
00:03:28 | 00:03:33 | returning as fun that 2.0 return has |
00:03:30 | 00:03:36 | been we're still generating a profit but |
00:03:33 | 00:03:38 | what I need to do is capitalize on my |
00:03:36 | 00:03:40 | retargeting to really Drive that |
00:03:38 | 00:03:42 | profitability because this is a $75 |
00:03:40 | 00:03:45 | product and that is similar to the price |
00:03:42 | 00:03:48 | point of the current brand that I'm |
00:03:45 | 00:03:49 | gonna be scaling in in Black Friday here |
00:03:48 | 00:03:52 | and what the ad account that you just |
00:03:49 | 00:03:54 | looked at is advertising so I've got |
00:03:52 | 00:03:57 | this going to cold cold audiences now |
00:03:54 | 00:03:59 | what a lot of people would do and what I |
00:03:57 | 00:04:03 | do recommend actually testing out you |
00:03:59 | 00:04:04 | should test this is show these custom |
00:04:03 | 00:04:07 | audiences the same thing that they |
00:04:04 | 00:04:09 | initially watched so you retarget them |
00:04:07 | 00:04:11 | and just show them the same exact ad |
00:04:09 | 00:04:14 | occasionally this does perform good but |
00:04:11 | 00:04:18 | in my case this is what I was doing to |
00:04:14 | 00:04:19 | lose a bunch of money and if this is the |
00:04:18 | 00:04:21 | scenario you're in where your |
00:04:19 | 00:04:23 | retargeting isn't working |
00:04:21 | 00:04:26 | and you're showing the same ad here's |
00:04:23 | 00:04:28 | what I would do completely remove this |
00:04:26 | 00:04:30 | from your retargeting campaign once |
00:04:28 | 00:04:32 | they've seen this do not show them this |
00:04:30 | 00:04:34 | ad again for seven days or until they |
00:04:32 | 00:04:37 | get put back into the cold audiences |
00:04:34 | 00:04:39 | instead do something like this so this |
00:04:37 | 00:04:41 | is a picture I just took in my living |
00:04:39 | 00:04:44 | room holding up the wallet smiling you |
00:04:41 | 00:04:47 | know I'm happy I'm using it and then for |
00:04:44 | 00:04:48 | a a for the copy I would do something |
00:04:47 | 00:04:51 | like this this wallet saved my back |
00:04:48 | 00:04:53 | protects my belongings and gets tons of |
00:04:51 | 00:04:57 | compliments so I would utilize a |
00:04:53 | 00:04:59 | testimonial along with a selfie style |
00:04:57 | 00:05:01 | image that provides the social proof |
00:04:59 | 00:05:04 | that people do legitimately use this |
00:05:01 | 00:05:07 | product in an advertisement retargeting |
00:05:04 | 00:05:09 | the people that are in my warm and hot |
00:05:07 | 00:05:11 | audiences and I literally did this exact |
00:05:09 | 00:05:15 | thing with that brand that I showed you |
00:05:11 | 00:05:18 | and is generating an 8.2 to return on my |
00:05:15 | 00:05:19 | ad spend let me show you the next style |
00:05:18 | 00:05:22 | video that you need to be using in your |
00:05:19 | 00:05:24 | retargeting I just got my brand farm |
00:05:22 | 00:05:26 | wallet best wallet on the market super |
00:05:24 | 00:05:29 | high quality fits all my cards and sits |
00:05:26 | 00:05:31 | in my pocket perfectly can't recommend |
00:05:29 | 00:05:34 | it enough get yours today |
00:05:31 | 00:05:37 | I just got my guys this took me ten two |
00:05:34 | 00:05:41 | seconds to record and the crazy thing is |
00:05:37 | 00:05:43 | is I did this same style video with my |
00:05:41 | 00:05:45 | my current brand and just dropped it in |
00:05:43 | 00:05:46 | that retargeting campaign along with |
00:05:45 | 00:05:49 | those social proof selfie style images |
00:05:46 | 00:05:52 | did the same type of testimonial based |
00:05:49 | 00:05:55 | copy and boom it just completely took |
00:05:52 | 00:05:58 | off it's working wonders so these two |
00:05:55 | 00:05:59 | style videos are what you need to be |
00:05:58 | 00:06:03 | utilizing in your retargeting campaigns |
00:05:59 | 00:06:05 | at all times of the year especially in |
00:06:03 | 00:06:07 | this Black Friday a lot of times the |
00:06:05 | 00:06:10 | biggest objection to people purchasing |
00:06:07 | 00:06:12 | from you online is the social proof in |
00:06:10 | 00:06:14 | testimonials and just having reviews |
00:06:12 | 00:06:17 | nowadays isn't gonna cut it you need |
00:06:14 | 00:06:19 | legitimate videos of your product in |
00:06:17 | 00:06:21 | people's hands with smiles on their face |
00:06:19 | 00:06:24 | good testimonials and reviews included |
00:06:21 | 00:06:25 | in that type of setup that is what's |
00:06:24 | 00:06:27 | working for me and I had to share that |
00:06:25 | 00:06:29 | with you I feel like a lot of people |
00:06:27 | 00:06:31 | aren't driving that profitability or |
00:06:29 | 00:06:33 | finding success with Facebook ads |
00:06:31 | 00:06:35 | because they're completely forgetting |
00:06:33 | 00:06:36 | that the majority of the money is |
00:06:35 | 00:06:38 | actually made up on the back end of your |
00:06:36 | 00:06:40 | marketing funnels whether it's |
00:06:38 | 00:06:44 | retargeting email campaigns and similar |
00:06:40 | 00:06:46 | setups so if you placed a focus on this |
00:06:44 | 00:06:49 | you might not even break even on your |
00:06:46 | 00:06:50 | cold audiences but that backends gonna |
00:06:49 | 00:06:52 | generate that profit and allow you to |
00:06:50 | 00:06:55 | scale and actually earn money from your |
00:06:52 | 00:06:58 | ecommerce brand one thing that I'm doing |
00:06:55 | 00:07:00 | today too is I utilize clay vo the the |
00:06:58 | 00:07:03 | email plugin for Shopify it's kind of |
00:07:00 | 00:07:04 | like Aweber it just does automatik email |
00:07:03 | 00:07:08 | sequences I'm utilizing clay vo for my |
00:07:04 | 00:07:10 | brand building out abandoned cart |
00:07:08 | 00:07:11 | sequences utilizing these creatives |
00:07:10 | 00:07:14 | these style creatives I'm also doing |
00:07:11 | 00:07:17 | thank-you videos to existing customers |
00:07:14 | 00:07:18 | two days after they purchased it comes |
00:07:17 | 00:07:21 | with like a video of me actually saying |
00:07:18 | 00:07:23 | thank you for buying your orders being |
00:07:21 | 00:07:26 | processed here's when to expect it all |
00:07:23 | 00:07:28 | this stuff and there's so much so many |
00:07:26 | 00:07:30 | issues I see right now with AD accounts |
00:07:28 | 00:07:32 | being banned pages being banned low page |
00:07:30 | 00:07:33 | feedback and that's because people are |
00:07:32 | 00:07:36 | focused too much on making that cold |
00:07:33 | 00:07:38 | upfront buy now type of money if you |
00:07:36 | 00:07:39 | place a focus on building out |
00:07:38 | 00:07:41 | retargeting campaigns like this |
00:07:39 | 00:07:44 | also doing you know customer |
00:07:41 | 00:07:46 | relationships utilizing videos like this |
00:07:44 | 00:07:47 | you're gonna find a lot better success |
00:07:46 | 00:07:49 | you're gonna be able to build a |
00:07:47 | 00:07:52 | sustainable brand that drives |
00:07:49 | 00:07:54 | profitability for months to come so take |
00:07:52 | 00:07:56 | advantage of this setup this is what is |
00:07:54 | 00:07:58 | working for me this is what I'm gonna |
00:07:56 | 00:08:00 | utilize going into Black Friday I spent |
00:07:58 | 00:08:02 | around 13 hours the past two days |
00:08:00 | 00:08:05 | building out these type of creatives |
00:08:02 | 00:08:07 | I've got like 10 on deck ready to go I |
00:08:05 | 00:08:10 | would suggest you could all do the same |
00:08:07 | 00:08:11 | and the best of luck to you all in the |
00:08:10 | 00:08:13 | month of November this is the time to |
00:08:11 | 00:08:13 | make the money I'll see you guys in the |
00:08:13 | 00:08:14 | next video |
00:08:13 | 00:08:19 | Dylan out |
Recommended
- Do This BEFORE Your Winning Products Ad Account is Disabled | Facebook Ads Shopify
- Facebook Ads Blueprint: Build A Profitable Shopify Dropshipping Store in 2019
- I Spent $70,381 On Facebook Ads This Month | Shopify Dropshipping
- Ultimate 3 Tips To Make Your Product Pages Convert | Shopify Tips
- [Mini Course] $189,000 in 30 Days Shopify Dropshipping with Facebook Ads