First, it is essential to define the target audience for the advertisement, as this is crucial and affects the price of sponsored advertising on Facebook. Understanding the target audience for a product or idea represents 50% of the success of the advertisement. If you know who the advertisement is targeting, you can easily limit its appearance to that specific group by adopting factors that constitute the critical factor for the advertisement’s target audience. These factors include geographical location, gender, language, age, or contacts.
You can target potential customers by adapting the mentioned factors to your advertisement. Also, consider that it is not advisable to use many options simultaneously, as this can significantly reduce the size of the target audience. It’s better to start Facebook ads with a small budget because the minimum price for a sponsored Facebook ad is not expensive. Therefore, you can start with that and then increase the budget according to the results until you achieve the desired outcome.
Many advertisers spend amounts on advertising campaigns with a total monetary average ranging from $200 to $1500 monthly, with an average cost per click (CPC) of $0.97 per click. Meanwhile, companies spend an average budget of between $1000 and $2500 monthly on professional advertising campaign management.
Factors Influencing Facebook Advertising Prices:
1.The number of days the advertisement will run.
2.The number of clicks received from potential customers.
3.The number of “likes.”
4.The commission paid by the company or the person promoting your advertisement.
Considering all these factors, advertising on the Facebook platform remains much cheaper than traditional advertising methods, depending on the product being marketed.
How much do Facebook ads cost?
A specific cost cannot be determined except through communication with the customer service team to determine the type of service required because the marketing company offers a variety of services, including designing social media posts, and a range of social media page management packages with discounts of up to 20%.
Who Executes Facebook Ads?
A group of the best specialists in this field, who have years of experience, work on executing the advertisements. They are capable of managing social media accounts efficiently and professionally. The company generally offers the cheapest prices for managing social media pages, as well as the best prices for social media account management packages.