Facebook Ads | Dropshipping Fundamentals

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  • Опубликовано: 20 окт 2024

Комментарии • 123

  • @LaughingOakFea
    @LaughingOakFea 5 лет назад +6

    This is a FANTASTIC video. No other ecommerce guru has addressed this so far in any of my studying of how to run a web store. I have even seen people in facebook groups complaining how no one is buying and no one asked if they had their settings for"purchase". I so wish I had not wasted my education budget on other teachers for this year. I can't wait for next year (or a lucky one in a million "results not typical" ad campaign) so I can buy your program and learn all the stuff left out of what I got from the over priced nonsense I paid for.

    • @ChrisWane
      @ChrisWane  5 лет назад

      Thank you, I really appreciate that

    • @yomama8833
      @yomama8833 5 лет назад

      LaughingOakFea is DP dead

  • @aoflips6429
    @aoflips6429 5 лет назад +5

    Please do a General store setup vid!!!
    Your the smartest and most logical dropshippers from all the ones ive seen keep up the good work man👊

  • @E14L
    @E14L 5 лет назад +2

    Hey Chris,
    Love your videos, you have significantly shortened my learning curve.
    I hope you see this and are able to shine some light on the following:
    When testing multiple creatives for the same product (attempting to identify optimal creative). Would you recommend creating a single ad set with the different creatives inside, and let FB allocate budget accordingly, assuming that FB are allocating budget to most effective ad.
    Or create one ad set per ad and use the engagement data to identify which was most effective?
    Thank you again, really appreciate your content.
    Edward

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      You should create one ad per adset when testing your creatives to see which performs the best

  • @umair146
    @umair146 5 лет назад +2

    You are explaining those super techniques how easier which can take years if i am not wrong. Impressed

  • @missingpalm9395
    @missingpalm9395 5 лет назад +1

    Awesome video as always Chris! Hey can you do a video on the best payment providers to use and benefits, especially if you’re outside the US

    • @ChrisWane
      @ChrisWane  5 лет назад

      Hey, I just use Shopify's default payment gateway and I've never had any issues before

  • @LavonMoore
    @LavonMoore 5 лет назад +1

    Thanks, video help me a lot. I was using ATC with this product I’m testing and all I got was a bunch of add to carts with no purchase.
    This explains a lot!

    • @ChrisWane
      @ChrisWane  5 лет назад +2

      Switch to purchase and you will see a difference!

  • @JamesFort
    @JamesFort 5 лет назад +1

    Nothing but straight value dropped here

    • @ChrisWane
      @ChrisWane  5 лет назад

      Glad you found it useful!

  • @qazijamshaidazeem
    @qazijamshaidazeem 3 года назад

    Hey Chris, can you please share a technique in which we can know that a product saturation level is reached or not, thanks

  • @camerontrump972
    @camerontrump972 5 лет назад

    Love the videos Chris, this has definitely helped me understand the ad structure a lot more. I finally have my store completed and a product ready to test. I have made a video with just pictures I got from the product page, and this is the point at which I have a block. I’m worried that with no human interaction with the product it won’t do good. Do you think that will be an issue? Thanks for the great content and I can’t wait to save up a little more the get your course.

    • @ChrisWane
      @ChrisWane  5 лет назад

      Pictures can work, I'm running a carousel ad that's doing a steady £200 a day profit but videos are more engaging and do convert better if done correctly. The only way you will know if it is working or not is to test it!

  • @schnitzelschnizel9448
    @schnitzelschnizel9448 4 года назад

    So please explain the abbreviations are because I forgot what Sms stands for. Thanks.

  • @renmxi9003
    @renmxi9003 5 лет назад +1

    Great and unique content always. Do you think products like men's watches or ladies watches work on your strategy (PPE+95%VV LLA)? or solving problem products are better? Earlier I had a watch, which was a winner using other strategies.

    • @ChrisWane
      @ChrisWane  5 лет назад

      Watches can work but it's very saturated, problem solving products are always the best bet

    • @wealthysales
      @wealthysales 5 лет назад

      Proud of you friend ❤️❤️

  • @understandyourmind
    @understandyourmind 5 лет назад

    That's a great value as always, Great!
    I wanted to ask you, Chris, as I am a bit confused about this one.
    I run PPE to reach 100K impressions (you mean on one video, I believe so) and at least 3k-7k of 95% watched video audience. You have mentioned that it could take 30£ worldwide and 60£ e-packet to reach it.
    I run CBO-ppe, I run 3 picture ads (picture ads are just for my own testing of thumbnails) and 2 video ads, so 2 campaigns. One PPE video ad has 8 relevant score while others 5-6 relevance score (but they still taking money away from the main performing video). One of my picture ads has 10 relevance score (so thinking about trying picture ad for purchase objective as well). When you say 100k impressions (to create lookalike audience) I believe you mean 1 video ad to reach that number, as you can't create lookalike audience simultaneously from 2 videos, can you? Therefore should I kill those PPE ad-sets with lower relevance score as FB is wasting some money on them as well? Thanks in advance if you help me with this one.

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      The 100,000 impressions is just a rough guide, as long as you get 3,000-7,000 95% VV then you will be good to go. I don't tend to look at relevancy, I just look at results.

    • @understandyourmind
      @understandyourmind 5 лет назад +1

      @@ChrisWane Thank you, I just found out that when I want to create lookalike audience it takes the video from my library and if I used the same ID for all video - ad-sets then it takes all 95% watched audience from over all ad-sets, that's amazing.

  • @RishiRauli
    @RishiRauli 5 лет назад

    Another Great video Chris, very informative. Do you have any videos on landing page optimisation? I seem to be getting a lot of clicks on my PPC ads but no conversions.

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      Do you have your objective set to purchase conversions? If you don't then that could be one reason why you aren't getting sales

    • @RishiRauli
      @RishiRauli 5 лет назад

      Yep have it as a Purchase conversion and tried adjusting the price also.

    • @ChrisWane
      @ChrisWane  5 лет назад

      There are a bunch of different reasons why you wouldn't be getting sales, it's impossible to say without reviewing your entire operation

  • @sarahe5498
    @sarahe5498 5 лет назад +1

    I enjoyed watching your videos, they're humble and very informative. I wanted to ask have you ever scheduled delivery based on time? If having data that shows specific countries performing the best during specific times, and always die later on at night wasting your budget, have you ever narrowed in on the best performing times of the days?

    • @ChrisWane
      @ChrisWane  5 лет назад

      Hi Sarah, no I've never scheduled by time I just leave my ads running all day and let Facebook optimise to the best time.

    • @sarahe5498
      @sarahe5498 5 лет назад

      @@ChrisWane Oh okay. I've noticed my conversion rate is better by 2-3 % when europe is awake. Once they sleep, the USA are my only customers and the CR drops lower. So the majority of my adspend after europe falls asleep is almost break even. Instead if it spent all daily budgets on europe it might be a more profitable day.

  • @sanjaypatel443
    @sanjaypatel443 4 года назад +1

    Hi Chris
    Great input. I have launched 3 products and I got a lot off clicks on my videos but no purchase. I killed the ads after 3 days. 2 questions was that the right thing to do as I did not get one sale. 2)Should I have re targeted those viewers who had engaged on my video with something like discount? Would appreciate your answer!

    • @ChrisWane
      @ChrisWane  4 года назад

      Yeah retargeting is always good, there's a chance they could come back and buy again

    • @sanjaypatel443
      @sanjaypatel443 4 года назад

      @@ChrisWane Thanks Chis

  • @schnitzelschnizel9448
    @schnitzelschnizel9448 4 года назад +1

    But I could not figure out how to setup those ads on Facebook. I, also, could not figure out how to setup web pages on Google.

    • @ChrisWane
      @ChrisWane  4 года назад

      Hey, if you want to learn how to do this properly then make sure you check out my website >> www.advanceddropshipping.com

  • @markonedeljkovic9046
    @markonedeljkovic9046 4 года назад +1

    Hi, what if I still have a cold pixel and it is marked in red, and tells me if I choose a purchase as a conversion that I might not have any purchases, then what? "if you chose this conversion you may not have any results" Thank you for your answer

    • @ChrisWane
      @ChrisWane  4 года назад

      You can still choose a red pixel, it will still work

    • @markonedeljkovic9046
      @markonedeljkovic9046 4 года назад

      @@ChrisWane Thank you.. I am following you.. 😉

  • @VFXMonkey1
    @VFXMonkey1 5 лет назад

    Hi Chris, Love the videos Man! Keep up the good work
    Question on Retargeting
    Whats is the best way to calculate you retarget strategy to see if it's profitable?
    Many Thanks

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      Your Facebook ROAS needs to be higher than your breakeven product ROAS. Calculation is Sale Price/(Sale Price - Product Cost)

    • @VFXMonkey1
      @VFXMonkey1 5 лет назад

      @@ChrisWane I understand, what the break even cost is. I'm just interested in what is a average profit margin for a re-target of ATC and ICO.
      Thank again for answering all my questions. I really appreciate it.

  • @Iteja_
    @Iteja_ 5 лет назад +1

    Thanks Chris! Top Video 🙏🏽🔥

  • @PlamoSamurai
    @PlamoSamurai 5 лет назад

    I've a question. If we move from a PPE straight into a conversion purchase (skipping traffic and ATC ads), Facebook will tell us that our ad may not be optimized because our pixel did not receive any activity in more than 7 days. Do we just ignore it?

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      Yes, the only objectives you need are PPE and Conversion

  • @jeetaero
    @jeetaero 5 лет назад

    Hi, Chris! This video helped me, thank you! One quick question, after how much data collection you make lookalike audience?

    • @ChrisWane
      @ChrisWane  5 лет назад

      You need to collect at least 3,000 95% video viewers

  • @KoriKurd100
    @KoriKurd100 5 лет назад +1

    Fantastic man!

  • @54sameergouritybcom21
    @54sameergouritybcom21 2 года назад

    Hi i am from india we here to remove dropshippers exclude who match interest dropshipping. I have created an source audience in which i excluded dropshipping intrest. My question when running ad for 1% looaklike audience, do i need to again exclude who match dropshipping.

  • @tooclosetovomit6970
    @tooclosetovomit6970 4 года назад +1

    How come I get some sales with a view content campaign, but none with a purchase campaign?

    • @ChrisWane
      @ChrisWane  4 года назад

      It could be because you're getting a lot more views on the VC campaign so you might have made a few sales with it.

  • @gogosuperstar
    @gogosuperstar 5 лет назад

    Thank you for this great video! Would be great if you can make a video about how to dropship in the UK. What payment methods are the best, taxes, how to register a company, currencies etc... Thanks!

    • @ChrisWane
      @ChrisWane  5 лет назад

      Dropshipping in the UK is just like any other country, I just use Shopify's defauly payment gateway and Paypal. When it comes to taxes and registering business I'm not qualified to give advice on that so you will need to get an accountant to help you out.

    • @gogosuperstar
      @gogosuperstar 5 лет назад

      @@ChrisWane Thank you!

  • @olumose5438
    @olumose5438 5 лет назад

    Chris Wane where can I get videos to run a PPE? Thanks a bunch!

    • @ChrisWane
      @ChrisWane  5 лет назад

      You need to create them yourself

  • @jaymcd8577
    @jaymcd8577 5 лет назад +2

    Nice overview for the complete newb! I'll never look at FB the same way again lol!

  • @antgtamang6155
    @antgtamang6155 5 лет назад

    hi chris great video . can I run PPE campaign Asian country even if I'm going to run conversion campaign in USA?

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      Yeah you can do that

  • @raytsai479
    @raytsai479 5 лет назад

    Hey Chris!
    #1 When you're running a PPE to gather data to 100k imps, does it make sense that FB is only spending in countries like Turkey/Saudi Arabia etc when your audience is epacket countries? (I'm assuming they're targeting the cheapest traffic source). Just wondering if this is the case for you as well?
    #2 The LAA that you create afterwards targeting Top 4 wouldn't be affected by this traffic source you got during PPE correct? There used to be a lot of debate when i was reading.. where people would say that you shouldn't do WW but go with epacket or tier 1 countries instead etc.
    Thank you in advance!

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      Hey there! Yes Facebook will optimise to the countries that are giving you the lowest cost for your objective. The LAA you create for the top 4 countries should be based on the interests of the people who watched your video so when you run your conversion ads to those 4 countries it won't matter which country the PPE data was collected from. Using epacket or T1 countries in your PPE campaign will yield higher quality data but it will be slighty more expensive as well.

    • @raytsai479
      @raytsai479 5 лет назад +1

      @@ChrisWane Awesome! Thanks!

  • @asianess12
    @asianess12 5 лет назад

    I'm trying to dropship clothing items. Is a PPE campaign to get VV still ideal? In the case that it is, would a slideshow of pictures suffice for a video?

    • @ChrisWane
      @ChrisWane  5 лет назад

      Hi, yes you can still do PPE to get VV's. A slideshow can work but an actual video will perform better. Just test different creatives to find out what works!

  • @Josh-mo2ib
    @Josh-mo2ib 5 лет назад

    Interestingly Facebook recommends you start with a conversion objective that you get 50-100 of without any ads moving up the funnel, but I've found the same thing as you where I only get people who get to that part in the funnel but don't go further most of the time. Though Purchase I can only get 2-4 sales and then it dies out all the time, even leaving it 3 days after the last sale - do you see that as well for some products?

    • @ChrisWane
      @ChrisWane  5 лет назад

      Some products do die off yeah but there could be a number of different reasons why

  • @josholdbury7873
    @josholdbury7873 5 лет назад

    Thanks for replying to the other message. For a beginner starting in the Uk would you recommend targeting mainly UK and Europe?
    Thanks!!

    • @ChrisWane
      @ChrisWane  5 лет назад

      Not necessarily but I find it's a lot cheaper than the US, CA and AU

    • @leoigorevich8364
      @leoigorevich8364 5 лет назад

      @@ChrisWane why does it turn around to be cheaper?

    • @wealthysales
      @wealthysales 5 лет назад

      This looks so cool 💪🏾💯🔥

  • @formulaone07
    @formulaone07 5 лет назад

    Does direct selling to cold audiences still work well, assuming you get the targeting and product right? Or do you recommend warming up and filtering audiences with PPE and videos first?

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      Direct selling to cold audiences does work but it costs more to convert than with a warm audience

    • @wealthysales
      @wealthysales 5 лет назад

      Your journey is inspiring and motivating 💯🔥🏆

  • @avvinradakrishnan-honestdr3869
    @avvinradakrishnan-honestdr3869 5 лет назад +1

    Great video man! Retargeting is one of the easiest ways to stay profitable! 15% off has been working great lately for me!

    • @ChrisWane
      @ChrisWane  5 лет назад

      Exactly, always offer a discount!

  • @aldairvanegas4470
    @aldairvanegas4470 5 лет назад

    Hello
    I am having kinds of problems of how to set up a general store. I would love a vid of that👌

    • @ChrisWane
      @ChrisWane  5 лет назад

      Already on my list of videos to do ;)

  • @zuloo149er
    @zuloo149er 5 лет назад

    Do you use any upsell apps, if so what do you recommend or find works best for you?

    • @ChrisWane
      @ChrisWane  5 лет назад

      I'm currently using Discounted Upsells and it seems to be working quite well

  • @schnitzelschnizel9448
    @schnitzelschnizel9448 4 года назад +1

    What does Ppe or pp stand for?

    • @ChrisWane
      @ChrisWane  4 года назад

      PPE is a post engagement campaign

  • @slainiae
    @slainiae 4 года назад

    Hi Chris. I saw recently that a Facebook 'guru' was recommending using countries such a Thailand, India, etc. in order to get lots of cheap LIKES as a way to gain social proof on new posts and to then leverage off of that social proof using a either traffic or engagement campaign. Have you any thoughts on that type of strategy?

    • @ChrisWane
      @ChrisWane  4 года назад

      Don't bother with it, likes don't equal profit.

  • @unusannusreupload5490
    @unusannusreupload5490 5 лет назад

    hi chris , whats the minimum markup you need to put for each product ? because facebook ads has low roi right

    • @ChrisWane
      @ChrisWane  5 лет назад

      I always try for a 3x margin as a minimum but always aim for as high as you realistically can go

    • @unusannusreupload5490
      @unusannusreupload5490 5 лет назад +1

      Chris Wane thx for the info

  • @sushirabbit167
    @sushirabbit167 5 лет назад

    Total newbie here, it seems I need a glossary for some of these acronyms. What does 'PP conversion' mean?

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      PPE is a campaign type for post engagement and conversion is a campaign type that we use for purchases mainly

    • @sushirabbit167
      @sushirabbit167 5 лет назад

      @@ChrisWane thanks :)

  • @ecomisawesome5900
    @ecomisawesome5900 5 лет назад

    Does your 95% VV LLA audience work well? I tried with VV campaign with get those views for LLA, but in the end LLA audience based on the views didn't perform well at all. I guess that LLA audience off of those views consists of people that are also likely to watch the video instead of purchasing. Do you not think so? And why do you use PPE campaign to get 95% VV if you can run VV campaign and get those 95% views way faster and cheaper?

    • @ChrisWane
      @ChrisWane  5 лет назад

      PPE is cheaper than VV so you can collect data a lot quicker. I find that PPE is better than VV in almost every way

    • @ecomisawesome5900
      @ecomisawesome5900 5 лет назад

      @@ChrisWane that's quite strange. I tend to get 95% video views with video views campaign significantly cheaper than with ppe.

  • @4nerub
    @4nerub 5 лет назад

    Chris ive tried to use your strategy of VV and LAL's but i have 2 questions if you don't mind:
    1-if i go for tier 1 or epacket and i want to create a LAL's of 95% i need 3000 views from the same country, wouldn't it be better to create different adsets for each country and use CBO?
    2-How much usually it costs to reach 3000 95% VV on average the video im using has a lot of engagement and high relevance score, however i only have 95% VV in one country as the budget spreads (im doing only $25 budget on that campaign, but not sure if i should just increase it to 50)?

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      1.Not really because that will just cost more in the long run. You don't need 3,000 from the same country you need 3,000 overall from every country combined.
      2. With worldwide targetting usally within £30, epacket could be up to £60. All depends on the length of the ad and how engaging it is

    • @4nerub
      @4nerub 5 лет назад

      @@ChrisWane Awesome man, i thought it was for every country. Thank you for replying! Have you tried with 75% VV LAL?

    • @ChrisWane
      @ChrisWane  5 лет назад +1

      I have yeah, I prefer 95% but 75% does work.

  • @Charlieandersali
    @Charlieandersali 5 лет назад +1

    Legend.

  • @zapcity2139
    @zapcity2139 5 лет назад +1

    keep it up brother.

  • @panagiabouliga9075
    @panagiabouliga9075 5 лет назад

    Thank you, Chis. Have you had to deal with a disabled FB account before? If so, how did you handle it?

    • @abdelazizelmansouri5791
      @abdelazizelmansouri5791 5 лет назад

      always have a second ad manager account

    • @panagiabouliga9075
      @panagiabouliga9075 5 лет назад +1

      @@abdelazizelmansouri5791 Thanks for the tip!

    • @ChrisWane
      @ChrisWane  5 лет назад

      I've never had an account disable before, I think my only advice would be to try and appeal or find out why it was disabled and try not to do it again.

    • @panagiabouliga9075
      @panagiabouliga9075 5 лет назад

      @@ChrisWane Thanks Chris, I appreciate your reply!

    • @abdelazizelmansouri5791
      @abdelazizelmansouri5791 5 лет назад +1

      make sure you read the FB Ad policy so it doesn't happen to you...Good luck we are all in the same boat looking after each other and sharing the infos is essential Thank you wane you'r a gentleman. Could we ask you to make a video on product research coz we begginers are struggling big time with this. Take care and thanks again

  • @kyleplummer
    @kyleplummer 5 лет назад +2

    The name of the game is... TESTING

  • @josholdbury7873
    @josholdbury7873 5 лет назад +1

    Great video mate. Quick question how many of your sales are from the US? (Please like this comment so I can see when you reply). Cheers :)

    • @ChrisWane
      @ChrisWane  5 лет назад

      I'd probably say around 10-15% are from the US, I mainly focus on the UK and the EU.

  • @yomama8833
    @yomama8833 5 лет назад

    Is DP dead?

    • @ChrisWane
      @ChrisWane  5 лет назад

      No not at all, it's still working really well!

  • @thedropshipper96
    @thedropshipper96 5 лет назад

    How much video views is required to start 95% video views lookalikes

    • @ChrisWane
      @ChrisWane  5 лет назад

      At least 3,000 95% video viewers

  • @SRFDriver
    @SRFDriver 5 лет назад

    I'm watching your video but you are using terminology and abbreviations that you're not explaining. Your video title is "...FUNDAMENTALS". IMHO this may be basic information but it is not FUNDAMENTAL. Just my two cents. I have still "liked" it because I can see that you are offering valuable information, however, I do wish you would either define your terminology or point us to somewhere where we can find it. Thank you if you have taken the time to read this.