A couple Sales, But No Profit
Facebook Video Ad
I made a hyper-targeted video/product ad.
Lego for that fan-based niche. LOTS of clicks, but no conversions.
Facebook Catalog Ad
Facebook added a new ad type, called the catalog ad. I linked it with the 'conversion' pixel.
This brought in about 3 sales, which was nice.
They were not profitable after all expenses for the day, but it was nice to see the conversions come in.
Customers were buying products that I had not optimized the descriptions for.
Clicks were very cheap (12-20 cents/click), and my ad-relevance 9 (never reached this high before).
Facebook Retargeting Ads
The shopify app that allows for automated retargeting ads ran it's course, but ultimately did not make any new conversions.
Still interesting to know that if you visit my site, you are officially going to see ads from me on Facebook from now on
Facebook Ads Spend (last 30 days) (Mar 12 - April 11th).
I've spent $276 on facebook ads.
Related Products App
One customer purchased through a shopify 'related-products' type of app (which takes an additional 4% from your sale.
But for some reason, this app didn't track the conversion, and the 4% wasn't subtracted (good for me).
Coupon Usage
Customers started to actively use their coupons... 10% Discount. So I had to increase my prices to compensate for the loss in revenue - still made sales.
Google Shopping
I tried my best to make this work, but users were simply not buying from my shopping ads.
Clicks were relatively cheap (20-40cents USD/click), but no conversions.
All sales were made in the USA, since your site can only target a single country in google shopping (there is very little you can do to circumvent this without getting banned).
Adwords Ad Spend (last 30 days) (Mar 12 - April 11th).
I've spent ~$73 USD on Adwords in the last 30 days.
Additional Attempts
Adwords Dynamic Search Ads
I tried to make this work as well - but no impressions were created.
Basically, adwords will create a headline for all of the pages on your website.
Unfortunately, this didn't work for me for some reason (not sure why).
But in theory, this could create search ads for ALL of your products, and then you can target all countries (unlike Shopping ads).
Bing Shopping Ads
Tried to make this work, but having technical difficulties integrating the product feed as of this moment.
Will try to get this fixed.
Rough Revenue & Expenses
I made $310 USD revenue (after discounts) from sales.
Subtract $197 for cost on Aliexpress.
Add ~ $17 for cashback (affiliate links)
(average margin on products is 68%)
Pre-marketing Revenue: $130
Minus $276 for Facebook
Minus $73 for Adwords
Minus $54 for Shopify (Monthly + 2 apps)
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Total Net Loss: -$273 USD (last 30 Days)
Total items sold: 8
Conclusion
Facebook was interesting to learn. Catalog ads are great though, for further testing.
- Low CPC when coupled with a conversion pixel.
Adwords didn't work out at all - no matter how many times I tried (shopping or search).
Over the course of this month, I installed and tested several apps on Shopify.
- More emails captured, and an additional sale, but nothing out of the ordinary.
Product descriptions are not TOO important, but I'm sure can boost conversion rates nonetheless.
- it's not cost-effective for me to hire a VA yet to edit the descriptions when I'm not profitable.
I'm still willing to test Bing shopping ads (Bing converts much higher than Adwords, within all niches on internet marketing).
As of this post, I've paused Facebook/Adwords.
I will pause this site completely on April 19th (before the next billing date), if BingAds does not bring in any conversions.
Future
I personally enjoy updating this thread (it's fun to catalog).
I will continue with shopify, and jump into a new niche, moving forward.
Maybe even update this thread on my personal blog instead (for SEO juice ^_^ )
Cheers