Don't Make These Mistakes With Facebook Ads (With Special Guest Anna Shipley- Flourish Digital)

build your profitable product business with mel robbins thelotco business podcast

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Anna Shipley, a Facebook ads expert, shares her journey and insights into running successful Facebook ads for e-commerce businesses. She emphasizes the importance of understanding your customer and having a well-designed website before starting Facebook ads. Anna also discusses the common mistakes people make with Facebook ads, such as constantly changing the ads and not having enough content. She highlights the need for consistency in social media and email marketing to support the ads. Anna advises businesses to carefully consider their budget and financial sustainability when running Facebook ads. The principal themes of the conversation are: 1) Riding the storms in Facebook ads, 2) Knowing your numbers and margins, 3) The importance of bundles, and 4) Investing in a Shopify website.

Takeaways

• Understanding your customer and having a well-designed website are crucial before starting Facebook ads.
• Consistency in social media and email marketing is essential to support Facebook ads.
• Avoid common mistakes like constantly changing ads and not having enough content.
• Carefully consider your budget and financial sustainability when running Facebook ads. Don't panic if your Facebook ads have a bad week or day, ride the storms and trust the process.
• Good margins are crucial for running successful Facebook ads and acquiring customers.
• Bundles can be a great strategy to increase revenue and profits, especially for low-priced products.
• Investing in a Shopify website is worth the cost as it integrates easily with other platforms and provides a user-friendly checkout experience.

Chapters

00:00
Introduction and Background

02:14
How Anna Got Started in Facebook Ads

03:57
Essentials Before Getting Started with Facebook Ads

05:45
The Importance of a Well-Designed Website

08:48
Monitoring Metrics and Optimizing Ads

11:35
The Role of Email Marketing and Social Media

14:11
Lessons Learned from Running Facebook Ads

18:18
Considering Budget and Financial Sustainability

20:19
Introduction and Lessons Learned

22:45
The Power of Bundling Products

26:05
Why Shopify is the Best Choice for E-commerce

31:06
The Cost of Doing Business

34:35
Building a Strong Foundation for Success
Facebook ads, e-commerce, customer understanding, website design, content creation, retargeting, metrics, budget, financial sustainability, Facebook ads, riding the storms, knowing your numbers, margins, bundles, Shopify website

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I'm Mel Robbins! from @thelotco
Want a Roadmap to Building a Profitable Product Business head here for directions!
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Find more details at https://www.thelotco.com.au/
Business Coach for product-based businesses. Teaching creative business women how to build a scalable and profitable million-dollar product business whether a physical Retail store or Brand.
Over 25 years as a Retail and Wholesale Strategist (Sales and Marketing for Brands).
Grab my 8 step checklist on building a profitable product business.