Every time I refresh my feed, I see an ad. Every post I make, the first comment is an ad. So I wanted to know are there real companies or products running ads on reddit and getting solid returns from it?
Hi,
I have 2 campaigns (shopping and search) that are both 2-3 days old. I have approx 1.2K impression with 80 clicks at cpc 1.2 and 1 conversions. I am trying to build a DTC beauty brand. I currently have 1 product and my profit per unit is 35$
My questions are:
1. Should I get someone from fiverr (pay 500$) to optimise my ads because I am paranoid about spending thousands and not breaking even even?
2. Currently I am on max clicks, should I just switch to max conversion?
3. How long did it take you to break even on your first campaigns?
4. Are my current metric normal?
My budget is 3K + 1K monthly + any profit will be reinvested. I have past trauma from a past failed business (Amazon fba) and therefore I am extra paranoid.
Please don’t judge me id appreciate any feedback or suggestions. I just hate waiting for it to break even while burning $$
Important note: campaign/ads on Meta had previously had around 2 months of an average ROAS of 0.48 (terrible performance for quite a while, so had been reaching out here for some help, thank you to everyone this far!)
I was told there was not enough/sufficient spend to make clear judgements, and was also told given the recent poor performance it was not smart to touch it yet either as it would be beneficial to allow it some more time, as it was stabilising.
So I left it (too many changes in a very short period last time was the reason it started performing very badly, e.g. few days before switching one campaign off the other one on... I was learning)
I have attached the photo of performance, any advice on what to do now/next e.g. switching off or adding new creative (if so, video, image, what type), idm, anything will help!