Should You Increase Your Meta Ads Budget For Your Launch?
The Art of Online Business
Kwadwo [QUĀY.jo] Sampany-Kessie
4.8 • 828 Ratings
🗓️ 9 August 2024
⏱️ 18 minutes
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| 0:00.0 | In this episode, we're going to discuss should you increase your meta ads budget for your launch or not. |
| 0:08.5 | And I'm going to walk you through actually detailed how to calculate what you should do with your meta ads budget. |
| 0:14.7 | Because if you're going to launch and your launch is working, you need to know so you can increase your ads budget and make your launch revenue even higher. |
| 0:23.2 | And if your launch is not working, you'll also want these numbers to tell you so or reveal that to you so that you can begin to tweak your launch. |
| 0:32.3 | If you haven't heard of me before, my name's Cuejo. I'm a Facebook ads, a meta-ad strategist, old habits, die hard. |
| 0:38.8 | Facebook for life. I've been doing this since 2020 and work with established online course |
| 0:44.6 | creators. People ask me all the time, how much can I spin, Cuejo? And the trick here is to understand |
| 0:52.4 | your, well, two numbers, your earnings per lead and your cost per lead. |
| 0:58.3 | So earnings per lead, I love to say EPL because that's how you refer to it in ads manager world, |
| 1:04.5 | but the definition of earnings per lead is just how much money your launch is generating per lead |
| 1:10.7 | that signed up for your launch. |
| 1:13.1 | And the cost per lead is just if you are already running paid traffic, how much you paid |
| 1:21.1 | per lead to register for your launch. So to get your earnings per lead, you're just taking your total launch revenue and dividing |
| 1:31.3 | that by the number of leads that signed up for your launch. |
| 1:37.4 | Here's quick simple math. |
| 1:39.2 | Let's say your launch generated for you 100K. |
| 1:42.6 | Ooh, good launch. |
| 1:43.5 | All right. |
| 1:47.5 | And you had 500 leads. Sign up for that launch. It doesn't matter how many bought. Well, it does, but look at your, just take 100K and |
| 1:54.6 | divide that by 500 and you get $200 earnings per lead. Now that's great. So if you're running ads then well if you're not |
| 2:03.3 | running ads at least you know your earnings per lead and then you're asking questions like |
| 2:07.8 | how healthy is this number and another question like how many people or what percentage of |
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