The EASY Way to Scale Meta Ads 2024

Dara Denney
10 Jul 202413:35

Summary

TLDRThis video script discusses the key elements for scaling on Meta ads in 2024: budget, creative content, and a desirable product. It emphasizes the importance of a strategic budget increase, recommends a 20% increase every 3 days for aggressive scaling, and stresses the necessity of creative testing. The script also highlights the significance of offering a product that solves a problem or taps into core human desires, sharing scaling stories of brands that achieved significant growth by adhering to these principles.

Takeaways

  • 💰 Budget is essential for scaling on Meta ads in 2024; you need money to increase your spend and grow your business.
  • 🎨 Great creative content is necessary for scaling, and it should be produced in large quantities to maintain ad effectiveness.
  • 🛍️ A scalable product that people want is crucial for successful scaling; it should either solve a problem or tap into core human desires.
  • 📈 Vertical scaling involves increasing the budget on existing campaigns or ad sets, while horizontal scaling adds new campaigns or ad sets.
  • 📊 Clients are moving towards less horizontal scaling and more focus on creative testing and increasing budget on profitable assets.
  • 📝 A spreadsheet is offered for free to help with scaling budget tactically on Facebook ads, available in the description.
  • 🚀 Scaling up aggressively on Meta ads in 2024 should only be done by increasing the budget by 20% every 3 days at most.
  • 📉 To avoid triggering the learning phase and instability, it's recommended to scale conservatively and monitor performance closely.
  • 📈 Creative testing should be scaled with the budget; for every $11,000 spent daily, there should be at least one creative test per week.
  • 🔄 Brands need to be flexible with their scaling strategy, adjusting percentages and timelines based on performance and business capacity.
  • 📉 Scaling success stories vary, with some brands scaling their ad spend dramatically in a short time by closely monitoring and adjusting their strategy.

Q & A

  • What are the three essential elements required for scaling on Meta ads in 2024 according to the video?

    -The three essential elements are a budget to increase spend, great creative content in abundance, and a scalable product that people actually want.

  • What is the difference between vertical scaling and horizontal scaling in the context of Meta ads?

    -Vertical scaling refers to increasing the budget on an existing campaign or ad set, while horizontal scaling involves adding new ad sets or campaigns to increase the overall budget.

  • Why are fewer clients using the horizontal scaling method according to the video?

    -Fewer clients are using horizontal scaling because they are not adding as many new campaigns or ad sets unless it is for a creative test, as they are focusing more on adding new products to test and increasing budget on profitable campaigns.

  • What is the recommended budget increase strategy to avoid triggering the learning phase and adding instability to the account?

    -The recommended strategy is to increase the budget by 20% every 3 days, which is considered an aggressive approach, and only if there is a strong desire to scale rapidly.

  • What is the starting daily spend if the initial monthly budget is $30,000?

    -The starting daily spend would be approximately $1,000, based on the initial monthly budget of $30,000.

  • How often should creative tests be launched according to the video?

    -For every $11,000 a day in ad spend, there should be at least one creative test launched per week.

  • What does the video suggest about the importance of creative production when scaling Meta ads?

    -The video emphasizes that to scale profitably and sustainably on Meta ads, one must scale creative production, testing more creatives as budgets increase.

  • What is the role of a product that solves a problem or leans into core human desires in scaling Meta ads?

    -A product that solves a problem or taps into core human desires is more likely to succeed on Meta ads, as it resonates with a larger audience and can support higher scaling efforts.

  • What is the significance of a consolidated ad account structure when scaling on Meta ads?

    -A consolidated ad account structure is important for efficient scaling, as it may help avoid penalties from Facebook and allows for better management and performance tracking.

  • Can the provided scaling rules be broken, and if so, under what circumstances?

    -Yes, the scaling rules can be broken for a product or brand that is performing exceptionally well, especially during high-sales periods like Black Friday or Cyber Monday.

  • What are some examples of brands that have successfully scaled on Meta ads by solving a problem or tapping into core human desires?

    -The video mentions 'True Classics' as an example of a brand that has successfully scaled by tapping into core human desires, even though they are a t-shirt brand in a competitive market.

Outlines

00:00

💰 Scaling Meta Ads: Budget, Creative, and Product Essentials

The video script emphasizes the three critical components for scaling on Meta ads in 2024: budget, creative content, and a desirable product. The presenter discusses the necessity of a financial plan to increase ad spend and the importance of vertical and horizontal scaling strategies. A free spreadsheet is offered to help viewers manage their budget scaling. The script also revisits a previous video, highlighting a shift in client strategies towards fewer new campaigns and a focus on creative testing and profitable scaling. The recommended best practice is to increase the budget by 20% every three days for aggressive scaling, with a detailed example provided. The importance of maintaining a consolidated account structure is also stressed, with a teaser to a follow-up video for further insights.

05:01

🎨 Creative Production: The Key to Scaling Success on Meta Ads

This paragraph delves into the importance of creative production in scaling Meta ads. The presenter shares personal experiences and industry observations, emphasizing that successful scaling requires a significant increase in the number of creative tests. A rule of thumb is introduced: for every $11,000 spent daily on ads, at least one creative test per week is recommended. The script discusses the challenges of scaling production and the potential pitfalls of not testing enough creatives. It also addresses the importance of aligning the product with core human desires or solving a specific problem to ensure scalability and success on Meta ads platforms.

10:02

🚀 Scaling Stories: Real-world Examples of Meta Ads Growth

The final paragraph of the script shares real-world scaling stories, illustrating how brands have successfully increased their ad spend on Meta platforms. One example details a brand that scaled from a $90k-100k monthly budget to $500k in ad spend, emphasizing the importance of adjusting the budget increase percentage based on daily results. Another example shows a more conservative scaling approach, with a 20% increase every week. The paragraph concludes with a call to action for viewers to share their feedback and suggests the presenter's intention to increase video output to twice a week, inviting audience engagement.

Mindmap

Keywords

💡Budget

In the context of the video, 'budget' refers to the financial allocation set aside for scaling a business through Meta ads. It is a critical component for increasing ad spend to grow the business. The script emphasizes that scaling cannot be achieved without a proper budget, and it discusses the importance of tactically increasing the spend within the ad manager. The video provides a spreadsheet as a tool to assist with budget scaling, highlighting the necessity of a plan when increasing the budget aggressively.

💡Creative

The term 'creative' in the video script pertains to the ad content that is being used to engage potential customers. It is essential for scaling on Meta ads because it captures the audience's attention and persuades them to take action. The script mentions that not only is great creative necessary, but also a significant quantity of it. The importance of creative testing and production is underscored, with the suggestion that for every $11,000 spent daily on ads, there should be at least one creative test per week.

💡Scalability

Scalability, as discussed in the video, is the ability of a product or a campaign to grow and expand, especially in terms of sales and reach. The script introduces the concept of a 'scalable product', which is a product that people want and is capable of being marketed effectively to achieve growth. Scalability is a central theme of the video, as it ties into the necessity of having a product that can be successfully promoted through Meta ads to reach a larger audience.

💡Vertical Scaling

Vertical scaling, as mentioned in the script, is a method of scaling where the budget for a campaign or ad set is increased. This is one of the two scaling methods discussed in the video, with the other being horizontal scaling. The script notes a shift in client behavior towards less horizontal scaling and more focus on vertical scaling, especially when it involves adding new products or creative tests to existing profitable campaigns.

💡Horizontal Scaling

Horizontal scaling involves adding new ad sets or campaigns to increase the overall budget. The video script indicates that this method is less frequently used by the speaker's clients, unless it is for creative testing. The emphasis is on consolidating the account structure rather than expanding it unnecessarily, which is a best practice for scaling on Meta ads in 2024.

💡Consolidated Account Structure

A consolidated account structure, as described in the video, is a streamlined approach to managing ad campaigns where fewer new campaigns or ad sets are added unless for creative testing. This approach is suggested to avoid triggering the learning phase of ads and to maintain stability in the account. The script warns of potential penalties from Facebook for not maintaining a consolidated structure.

💡Creative Test

A 'creative test' in the video refers to the process of launching new ad content to gauge its effectiveness and learn from the results. The script suggests that for every $11,000 spent daily on Meta ads, there should be at least one creative test per week. This testing is crucial for understanding what works and what doesn't, allowing for better ad performance and optimization.

💡Product Launch Roadmap

The 'product launch roadmap' mentioned in the script is a strategic plan for introducing new products to the market over a set period. It is used to ensure that any new product launched has a high likelihood of success, particularly on Meta ads. The video emphasizes the importance of aligning product launches with the potential for success on advertising platforms.

💡Problem-Solution

A 'problem-solution' product is one that addresses a specific issue or need in the market. The video script suggests that such products have a better chance of succeeding on Meta ads because they offer clear value to consumers. The speaker shares a story about a CEO who will only launch products that are likely to perform well on Meta ads, highlighting the importance of this approach.

💡Core Human Desires

Core human desires, as discussed in the video, are fundamental motivations that drive human behavior, such as the desire for romance, money, power, and societal acceptance. The script mentions that even if a product is not strictly problem-solution oriented, it can still succeed on Meta ads if it taps into these core desires. This concept is used to explain how certain brands have been able to scale their ad campaigns effectively.

Highlights

To scale on Meta ads in 2024, three key elements are required: budget, creative, and a scalable product.

Budget scaling on Facebook ads can be done through vertical scaling (increasing budget on existing campaigns) or horizontal scaling (adding new campaigns/ad sets).

In 2024, clients are favoring vertical scaling and consolidating their ad account structure to avoid triggering the learning phase and instability.

A best practice for scaling budgets on Meta ads is to increase by 20% every 3 days for aggressive scaling, with a starting daily spend calculation provided.

A spreadsheet is offered for free to help with budget scaling, available in the description.

Creative production must scale alongside ad spend to maintain profitability and long-term success on Meta ads.

A rule of thumb for creative testing is one test per week for every $11,000 spent daily on ads.

Product scalability is crucial; the product should solve a problem or tap into core human desires for successful Meta ads.

Brands that scale significantly on Meta ads are often problem-solution oriented, offering a unique approach or speaking to a new audience effectively.

The transcript shares stories of brands that have successfully scaled their ad spend 4X to 5X in a month.

An example scaling plan is provided, illustrating how to increase spend and creative tests over time.

The importance of not only scaling ad spend but also production capacity for both the product and creative is emphasized.

A CEO's strategy for launching new products is highlighted, focusing on Meta ads success as a criterion.

True Classics, a t-shirt brand, is cited as an example of successfully leveraging human desires in their Meta ads strategy.

The transcript discusses the challenges of brands struggling to scale beyond $100K per month on Meta ads, often due to product limitations.

Two specific scaling stories are shared, detailing the strategies and results of increasing ad spend and creative production.

The video concludes with a call to action for viewers to share their feedback and suggestions for future content.

Transcripts

play00:00

in order for you to scale on meta ads in

play00:02

2024 you need three things number one

play00:05

budget you're going to need money to

play00:07

increase your spend in order to scale

play00:09

your business sadly there's no way

play00:10

around this number two you're going to

play00:12

need great creative and you're going to

play00:13

need a lot of it and number three

play00:15

probably the most important you're going

play00:17

to need a fabulous product that people

play00:19

actually want I call this a scalable

play00:21

product in this video I'm going to go

play00:23

over all three of these things and

play00:24

there's no fluff here so let's go ahead

play00:26

and dive in budget let's talk about

play00:29

budget how do you you tactically scale

play00:31

on Facebook ads is there a wrong or

play00:33

right way to increase the spend inside

play00:36

of ads manager yes however this is

play00:39

honestly the easiest part when you have

play00:41

a plan I actually have a spreadsheet

play00:43

that I'm going to give you for free that

play00:44

is going to help out with this part be

play00:46

sure to look in the description bar to

play00:48

get a link to that but first I actually

play00:49

want to address this video that I made

play00:52

last year in this video I talk about the

play00:53

two different ways that you can scale

play00:55

your Facebook ads and I call this

play00:57

vertical scaling and horizontal scaling

play00:59

vertical scaling is simply where you

play01:01

increase the budget on a campaign or ad

play01:04

set and horizontal scaling is the method

play01:06

of scaling where you add new adsets add

play01:08

new campaigns thereby increasing your

play01:11

budget by adding those additional Assets

play01:14

Now one of the big things that's changed

play01:15

since last here is fewer of my clients

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are doing this horizontal scaling method

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so they're not adding as many new

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campaigns or as adets unless it is a

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creative test cannot emphasize this

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point unless it is a creative test and

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because of this my clients that are

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scaling in 2024 are doing so by adding

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new products to test by adding new

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creative tests and by simply increasing

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the budget on what is already profitable

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so sometimes they'll add an additional

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advaned plush shopping campaign for a

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new product or for a new offer but most

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of them are trying to keep things as

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Consolidated as possible and I also

play01:51

heard that Facebook might start docking

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advertisers who don't keep a more

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Consolidated account structure so this

play01:57

is really really important and if you

play01:59

want to see my Consolidated account

play02:01

structure be sure to watch this video

play02:02

next so here is the best practice to

play02:05

scaling up on meta ads in 2024 to avoid

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a necessarily triggering the learning

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phase and adding instability into your

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account that's not really necessary you

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should only increase your budget 20%

play02:16

every 3 days and that's really only if

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you want to scale as aggressively as

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possible for instance if you're starting

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at a 30k per month budget which is about

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$11,000 a day this is what your budget

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pression should look like if you want to

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have the most aggressive approach to

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scaling on meta ads so if you want to

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scale as aggressively as possible you

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can see here in column D I have the

play02:39

percentage increase and really the most

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aggressive you should go is 20% every 2

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to 3 days so I have that here right now

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again you can change this however you

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want if you want to do 10% if you want

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to do 5% just to forecast what that

play02:55

could look like on your scaling journey

play02:57

and then I have the starting daily spend

play03:00

so because the beginning monthly budget

play03:03

here is 30k per month that's going to

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boil down to initially $1,000 per day

play03:10

but as we start increasing you can see

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the forecasted daily spend also

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beginning to increase and you'll see

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here oh how much are we going to have to

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scale spend by that day some days it's

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going to be 240 288 really depending on

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how much you start scaling and something

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we'll get into in a little bit as well

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you have the creative tests per week and

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you can see those starting to increase

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and I do have a little note here that

play03:35

really for every $11,000 A Day In AD

play03:38

spend that is going to equal at least

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one creative test per week I am going to

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go more into that in just a bit but here

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you can actually see hey to scale really

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really aggressively if you wanted to you

play03:52

could have your monthly starting budget

play03:54

at 30k and then have it end with about

play03:58

$150,000 per month which is a pretty

play04:01

aggressive scaling plan however I have

play04:03

seen this been done before now quickly I

play04:05

want to show you another example of this

play04:06

maybe you have a higher budget maybe

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you're doing around $5,000 per day in

play04:12

Daily spend but you don't want to scale

play04:15

as aggressively right so we can delete a

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few of these 20 maybe you only want to

play04:20

increase spend once a week or so um but

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it could be a little bit more intense if

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oh you see results are really good or

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depending on how you've seen the ad

play04:30

account interact before but again you're

play04:33

going to be able to see wow this is

play04:35

actually what it looks like to

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potentially have the scaling plan and

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you can also work backwards so for

play04:42

instance if you wanted to double spend

play04:44

by the end of the month or by a specific

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time period you can back that into

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playing with the percentages in this

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column there is a big caveat to this and

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I will go into that later on in this

play04:54

video so in the ad account it should

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look like this so here we have an ad

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account it's a super Consolidated

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structure if you want more on that

play05:00

please be sure to check out this video

play05:02

below now we can see the budgets that

play05:04

for everything that's on equals $11,000

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and according to our scaling forecast

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hey if we scale spend right here we have

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to increase by $200 now I think the best

play05:14

way to do that especially when first

play05:16

starting off is to launch a new creative

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test because it's really about getting

play05:20

as many creative learnings as possible

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so maybe we could launch a new creative

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test doing a new ugc angle or something

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like that at $200 a day and let that go

play05:28

a few days later we have to increase

play05:30

spend again this time by 240 now

play05:33

depending on how the creatives and the

play05:35

rest of that account is actually going

play05:37

you're probably going to be Distributing

play05:40

budget a little bit so maybe we're

play05:42

seeing that this ASC campaign is doing

play05:44

really well so we're going to want to

play05:45

increase the budget there by 20% really

play05:48

as much as possible and then depending

play05:49

on how much budget you have left over

play05:51

you can also scale any up any other

play05:53

creative tests that are doing well or

play05:56

also deduct the ones that aren't doing

play05:57

as well or take it off and then

play05:59

redistribute that budget into something

play06:01

that's performing well or launch a new

play06:03

creative test so account wide you should

play06:06

really be focusing on what has the best

play06:08

performance be sure to stay to the end

play06:10

of this video I'm going to share a few

play06:12

stories you're not going to want to miss

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it now the reason why I want to share

play06:14

these stories is because you can take

play06:16

the best practice approach but to be

play06:19

honest I've also seen Brands like 4X 5x

play06:23

their ad spend in one month and they

play06:24

were totally fine however I don't like

play06:27

focusing in on that and sharing with you

play06:29

guys ton of those stories because I

play06:31

don't think it's super realistic for

play06:32

small business owners because in order

play06:34

to really scale you're also going to

play06:36

need to scale up production on your

play06:38

product and creative production and I've

play06:40

run into the scenario a number of times

play06:42

where we've been able to scale the ad

play06:43

account but we couldn't scale up the

play06:45

production in the product or the

play06:46

creative production and honestly this

play06:48

sounds like a great problem until you're

play06:50

in it if you've ever been in it be sure

play06:52

to chime in the comments below cuz I

play06:54

know you're all winners which is why if

play06:56

you're a brand that's just starting off

play06:57

I would recommend something a little

play06:58

less aggressive maybe increasing 10%

play07:02

once or twice a week if you have that

play07:04

capacity and I want to reiterate

play07:05

especially when showing you guys the

play07:07

spread sheet that you know sometimes

play07:09

things don't always go according to plan

play07:11

for better and For Worse all of these

play07:12

rules can absolutely be broken for a

play07:15

product in a brand that's crushing it

play07:17

I've 2x 3x budgets overnight before and

play07:20

things went really really well this is

play07:22

especially for sales periods like Black

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Friday Cyber Monday now I want to talk

play07:25

about creative because this is the

play07:27

number one thing that I see people leave

play07:29

leaving out in the conversation about

play07:31

how to scale up your business on meta

play07:33

ads however in order to scale on meta

play07:35

ads profitably and for the long term you

play07:38

need to scale creative production so

play07:41

essentially what this means is that

play07:42

you're going to need to scale the amount

play07:44

of creatives that you're testing and

play07:46

putting out into the world as you

play07:47

increase your budgets and I've seen a

play07:49

lot of Brands and agencies finally

play07:51

discussing this online the more

play07:53

creatives that you put out in the world

play07:55

the more likely you are to succeed and

play07:58

get a winner and I do have a broad rule

play08:00

of thumb for how much creative you

play08:02

should be testing for a brand dependent

play08:04

on the budget but again there's a little

play08:06

bit of nuance here for every $11,000 a

play08:08

day that you're spending on meta ads

play08:10

that should equal at least one creative

play08:12

test per week so if you're spending

play08:14

$2,000 a day which is about 60k per

play08:17

month then you should be launching at

play08:19

least two creative tests per week AKA

play08:22

eight creative tests for the entire

play08:23

month and if you're curious about how

play08:25

I'm testing new creatives on meta I do

play08:27

have a video that's going to go more in

play08:29

on that now of course this one creative

play08:31

test per week per every $1,000 roll

play08:35

there's a little bit of nuance here too

play08:36

as you learned a meta ads there's always

play08:38

a bit of nuance it all really really

play08:40

depends on your data and your business

play08:42

economics and your capabilities so let's

play08:45

talk about those creative tests per week

play08:47

right I said that for every ,000 of ads

play08:50

spend per day that should equal at least

play08:52

one creative test per week so we've

play08:54

mapped out this scaling plan now let's

play08:57

figure out how many creative tests this

play08:59

brand brand should be making every

play09:00

single week so we can see here not quite

play09:03

at the $2,000 per month but maybe

play09:05

they're like hey we actually can go up

play09:08

to two that kind of flexibility is

play09:10

totally fine maybe they want to keep it

play09:12

to here but then when they get here it

play09:15

can be around three but again I do think

play09:17

there's a little bit of flexibility

play09:19

where I actually see people messing up

play09:20

on this more is where they're just

play09:22

clearly not testing enough creative

play09:25

which I have seen a number of times but

play09:26

this rule of Thun does tend to help

play09:28

Brands stay on track now I want to talk

play09:30

a little bit about a product that people

play09:33

actually want and I think the best way

play09:35

to actually illustrate this is to tell

play09:37

you about a conversation that I had

play09:38

recently with a CEO who actually owns

play09:42

and operates multiple Brands and

play09:44

something that we were actually talking

play09:45

about was the product launch road map

play09:48

coming up over the next few months and

play09:50

he actually said that the only way that

play09:52

he is going to launch a new product in

play09:55

2025 and 2026 is if he knows for certain

play09:59

that it has a good chance to succeed on

play10:01

meta ads and he thinks and I also think

play10:05

that the best way to have your product

play10:06

actually have a shot on meta ads is it

play10:09

has to be actually solving a problem now

play10:12

I've talked about this a little bit on

play10:13

Tik Tok and on YouTube shorts and on

play10:15

reals and to be honest it kind of makes

play10:17

people upset when I say hey yeah your

play10:20

product actually has to be solving a

play10:22

problem or else you're going to have a

play10:23

hard time on meta ads but it's the truth

play10:25

however with that said I think that

play10:27

there's always room for products that

play10:29

are able to lean into a core human

play10:32

desire now I think that true Classics

play10:34

actually does this really really well

play10:37

they were able to scale up quite a bit

play10:39

on meta ads and they actually just hit

play10:40

100 million customers which is crazy and

play10:43

by the way they are a t-shirt brand

play10:46

which you know there are many t-shirt

play10:48

Brands advertising on Facebook ads and

play10:50

this is not a revolutionary or new

play10:52

product but I do think that the way that

play10:54

they've used their messaging and their

play10:57

product assortment to lean into that

play10:59

those Key Human desires have really

play11:01

helped them to scale up this is

play11:03

something that I've heard from many

play11:04

media buyers oh if I'm working with a

play11:06

brand that's not problem solution

play11:07

oriented really see how you can back

play11:09

into the core human desires of Romance

play11:12

of money and power of societal

play11:16

acceptance I've seen Brands get

play11:18

somewhere with that however the brands

play11:20

that scale the biggest go the furthest

play11:23

and have the biggest impact on a large

play11:26

group of people are ones that are more

play11:28

problem solution oriented it doesn't

play11:31

mean that it needs to be a new

play11:33

revolutionary product it could just be a

play11:35

product that is doing something slightly

play11:38

different or speaks to a new audience in

play11:41

a better way I've seen Brands really

play11:42

struggle to get past the point of

play11:44

spending 100K per month on their meta

play11:47

ads and often times it is The Telltale

play11:50

sign of a product not being scalable

play11:52

enough or the economics of it not

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working out now I want to talk about

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scaling stories I actually mapped out

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how I remember us scaling up the

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specific brand they actually only had a

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monthly budget of around 90k to 100K and

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by the end of that month we actually

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scaled them up to 500k and add spend

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profitably and the way that we did this

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is every few days we'd be increasing

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anywhere from 20% to 30% depending on

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how good the day-to-day results were so

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you can see right here oh we started

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increasing by 20% but then we went to

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30% we let results stabilize saw that it

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was really good decided to increase

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another 30% then back down to 20%

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because maybe results weren't so good

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and so on and so forth until we were

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able to hit more of that 525k number

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another one of the brands that I worked

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with had a scaling story that looked a

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little bit more like this they were

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doing 20% they didn't want to go above

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that because their ad account was a

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little bit more volatile and again their

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monthly budget was 30k per month so they

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decided to increase spend by 20% wait an

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entire week then they did it again and

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they were taking a little bit more of a

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gradual approach so that they could

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could get to that 100 105k per month

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Mark and for the creative testing it

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looked a little bit more like this they

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really started ramping up their creative

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production quite a bit and that's it I'm

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so excited to be sitting down here every

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single week with you guys be sure to

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leave me some love in the comments and

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let me know what video you'd like to see

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in the coming weeks because I am trying

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to ramp up to two videos per week I am

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saying it here hold me accountable um

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and I'd love to have your help on that

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to know what you would like to see from

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me more often and I'll see you next week

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cheers

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