How Much Should I Spend Per Day On Facebook Ads?

How Much Should I Spend Per Day On Facebook Ads?

What Are Facebook Ads?

Facebook ads are ads that are shown on Facebook. It also refers to the paid message that companies place on Facebook to reach a specific audience. These ads usually appear in the News Feed. Facebook ads help marketers to increase the visibility of their ads, build brand awareness, and measure metrics clearly and campaign goals to create better, and more optimised campaigns in the future. Facebook is now leading in social media advertising due to its increase in user base.

A good starting budget for Facebook ads typically ranges from $1 to $5 daily for small campaigns.  The daily money spent on Facebook ads depends on factors like the target audience, objectives, requirements, industry and many more. The lowest daily budget for Facebook ads is $1 per day for ads that aim for higher impressions for ads with different goals. Small businesses usually start with a budget of $20 per day and run about 15 ad sets weekly.

READ ALSO: How Much Is Facebook Ads Per Month?

What Is Facebook? 

This is a popular social media platform that enables users to share content, join groups and events of their choice, live stream etc. It allows its users to sign in for free profiles to connect to new and old friends and also links to news and other interesting contents. Facebook is the largest social network with millions of users across the globe.

Importance of Facebook

There are several benefits associated with Facebook in today’s digital world. They are the following;

• Facebook is cost-effective.
• It helps users to keep up to date with news and current events.
• It helps users to follow and research on products.
• It helps businesses build their brand online.
• Facebook forms professional bonds among competitors.

READ ALSO: Is Google Ads Or Facebook Ads Better?

Facebook Ads

Facebook ads are paid messages that businesses place on Facebook. It uses user data like web browsing and purchase behaviour to target people who are likely to be interested in a brand, product or service. Facebook ads appear in Feed on desktop and mobile. It helps businesses to;

• Increase brand visibility
• Get new leads.
• Transform leads into customers.
• Measure performance.
• Build brand awareness.

Steps Involved In Facebook Ad Creation

There are steps involved in creating a Facebook Ad and they are as follows;

• Create a Facebook Ads Manager account.
• Start a new campaign.
• List your goals and objectives.
• Set a budget and schedule.
• Define your target audience.
• Create your Facebook ad
• Monitor your analytics

What Is The Daily Amount Spent On Facebook Ads? 

It is important to plan how much you spend on Facebook Ads, although it’s difficult to define exactly how much you spend. You can start with a budget of $20 per day and run about 15 ad sets for a week. This means that you will spend around $1000 total.

Always make sure to begin small, small businesses usually start by spending as little as $1 a day on Facebook ads. Feel free to adjust the budget to suit your marketing needs. Guess this article was helpful. Share your thoughts in the comment section. Click here for more information.

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