Is advertising on Facebook a good idea?

If anybody has experience with advertising on Facebook, I'd like very much to hear about it. How much do they charge, how to setup ads, targeting etc.

Appreciate your help.

 

I am pretty sure they charge the same way google does with the bidding system.
I guess it would depend on what you want to advertise.
Here is the link so you can check out more.
facebook. com/advertising/

 

Yes. It is good and very cheap. You can get large amount of visitors for low money. Good choice really

 

they charge based on the keyword & the cpc goes down after your ctr goes up

 

Yes it is cheap but visitors are not quality as visitors that came from google. And click rate is also not good if we compare it with click rate of google visitors.

 

Impossible to tell, many people are making $1000's a day from facebook advertising.

 

I haven't tried Facebook Advertising. But if you really are interested in using this, they charge depends on what you like. It's either CPC (when people click) or CPM (when they see your ad).

 

Hi.......veli........I am not satisfied from your opinion as I have got too much traffic from my face book marketing strategy.

 

Can you back that statement up with any facts?

 

I can do cheap. Seriously considering giving FB ads a go. If I do I will come back and let you know the results

 

I am going to plan to make ads on facebook? But Can they accept payment from paypal?

 

yes Facebook accepts payments from paypal

 

Interesting thread, its not something Im currently doing but I know I need to consider it very soon. Threads like this make me more determined to get it on thanks

 

I have done extensive marketing on Facebook ppc. There are two basic bidding methods, PPC and CPM. With PPC, you pay per click and with CPM, you pay per 1000 impressions of your ad. ALWAYS start with PPC. If you have a winning campaign, it may make sense to switch it over to CPM at some point.

The big thing with Facebook ads is to get your demographics right. This takes lots of testing and trial and error. But it is worth it. Once you have figured out who will buy from you, you can open the flood gates.

 

Interesting, I might give Facebook ads a try one of these days.

 

Yes, it´s good idea. is better if you try with free coupons or vouchers .. Now, It’s very hard to get a free facebook ad coupon, all site have only expired coupons. but , there are some sites that have cheaps coupons..

 

For games, shopping, ebooks, consultant services, professional services it works good... But for software, specialty services - Not Good

 

Thanks a lot everybody, for valuable answers!

 

Facebook can be a crucial marketing tool, but it is hard to get around. Facebook has become more strict about posting links, etc. They even banned me multiple times for adding to many people in one day (without a bot), it's almost rediculous. I think that CPA and affiliate products are the easiest to promote on facebook.

 

I used PPC Facebook advertising and it was only okay, got tons of impressions but nothing solid. In my experience, it was easier to do word of mouth promotions and try to give people an incentive to share you to their friends - I reaped many more rewards that way.