I'm experimenting with a variation on John's video targeting strategy. If you don't know what I'm talking about, you really should take John's course on Facebook ads. The basic idea is that you pre-qualify potential subscribers with a video. For example, you post a video on Facebook, and then target Facebook ads only to those who have watched a good percentage of the video.
Here's what I've been doing for the last week, and I'm getting the most inexpensive subs I've gotten in years.
1) I did a promoted post that I knew would get a high response rate. In my case, I promoted a post about me reaching #22 on Billboard. There was a link to where they could hear the song that was charting. I targeted people who are interested in my "soundalikes." As expected, I got a lot of "likes" and "loves" and "OMGs"!
2) I went on the iPhone app and invited everyone who responded to like my page. I like using the iPhone app for this because it automatically sorts the "likers" in reverse chronological order. A good percentage of those I invited ended up liking my page.
3) I targeted my ad to those who liked my page, but were not subscribers. Again, you should take John's Facebook Ad course if you don't know how to do this. Basically, you upload your email list to Facebook, and then set your targeting for those who like your page, but aren't on your email list.
Here are my results:
1) I spent $22.67. This includes the cost of running the pre-qualifying promoted post and the ad itself.
2) I netted 43 subscribers
3) That's $0.53 per subscriber
4) If my subscriber value holds, I plan to ramp that up.
It seems like my subscriber value should hold. However, I added some South American (non-English speaking) countries to my targeting, so I'm not sure how adding that variable will play out in the long run. Since I play instrumental music (jazz), I am cautiously optimistic that language is not an overwhelming barrier. They could obviously understand enough English to respond. Perhaps income might be an issue, but those who responded obviously have smart phones or computers. Regardless, I think the general idea is worth experimenting with.
One thing that is encouraging this early in the game is that people are responding with emails after they hear the music and they are sharing my ad. That means there is something they like! 🙂
Final thoughts: my target audience has seen social proof (i.e., a post that has lots of likes and describes my accomplishments), maybe heard some music, has liked my Facebook page, and then has been directed to my squeeze page. Again, I don't know how this will work for you. It just seems like it might be worth trying? or maybe come up with your own variation? Comments, John?
Some might be thinking, "Well, maybe Charley's FB page already had a lot of 'likers but not subscribers' that responded to the ad in spite of the promoted post." No. I had been targeting that audience already until the well ran dry.
There's an ebb and flow to what I have been doing. I build page likes. Then I run the "harvesting ad" until subscriptions slow down. Then I pause it and let my page likes grow. Hope that makes sense. I could probably do a better job of doing the two steps simultaneously, but I'm in the experimenting stage.
Maybe i need to get some strategies as I experimented with a 20.00 twitter add and ran it for three days. Got 1,680 clicks on my add but nobody subscribed to my cd sales page. Not sure why I didn't get at least one or two subscribers.
Dwain Messer
"Harvesting Ad"... I like it.
Nice one Charley. More and more things seem to be going in the direction of paying for engagements and then retargeting those people in order to get leads. I haven't personally played with that approach that much because things have been working for me without it, but I think that's something we'll be talking about more and more. Thanks fro sharing your approach.
Dwain - Have you tried Facebook Ads? I'd probably wait until your FB ad campaigns were dialed in before exploring Twitter, simply because it's a little trickier.
Having trouble with your marketing? Wish you could have an experienced direct-to-fan marketing expert look over your actual campaigns, music, or content and offer feedback? Or perhaps you’re just looking for a little one-on-one assistance so you can ask questions that pertain to your specific goals and get a second, more experienced, perspective? Click here to book a session with me now.
John Oszajca said
"Harvesting Ad"... I like it.Nice one Charley. More and more things seem to be going in the direction of paying for engagements and then retargeting those people in order to get leads. I haven't personally played with that approach that much because things have been working for me without it, but I think that's something we'll be talking about more and more. Thanks fro sharing your approach.
And the price is going down. It's working really well. I probably could do that with a video as well. I'm currently getting about 10 subs a day for just a couple bucks.
That's awesome Charley. I'll have to start playing around with the approach a bit.
Having trouble with your marketing? Wish you could have an experienced direct-to-fan marketing expert look over your actual campaigns, music, or content and offer feedback? Or perhaps you’re just looking for a little one-on-one assistance so you can ask questions that pertain to your specific goals and get a second, more experienced, perspective? Click here to book a session with me now.
John:
I haven't started with facebook just yet. I was a little shy about setting up the amount of money on facebook as twitter allows you to set a budget that you want. I may give it a try but I have MM3 and things have changed probably on setting up the adds and all that.
Hi Dwain,
Things have changed a bit but the fundamentals are all mostly the same. You can also set a budget in Facebook for how much you spend each day, per click, or for the life of the campaign.
Having trouble with your marketing? Wish you could have an experienced direct-to-fan marketing expert look over your actual campaigns, music, or content and offer feedback? Or perhaps you’re just looking for a little one-on-one assistance so you can ask questions that pertain to your specific goals and get a second, more experienced, perspective? Click here to book a session with me now.
I'm seriously thinking of getting your adds workshop that Charley mentioned above. I can assume its more updated with today's facebook add designing.
Charley:
Just curious, out of those that you got to subscribe how many of them committed to purchasing your download. Just curious on how many committed to the sale as I have had people subscribe and then sort of freeze on the final purchase. I sent some emails to some to see what might be causing the problem to follow through and only one of the 3 emails responded with that they were going to get the download but needed to wait until they got paid for the month.
Hi Dwain,
Steve here. While Facebook is always finding ways to improve the ad manager, yes, the Music Ads Workshop 2.0 still very much reflects what you see in the ad manager today.
Dwain Messer said
Charley:
Just curious, out of those that you got to subscribe how many of them committed to purchasing your download. Just curious on how many committed to the sale as I have had people subscribe and then sort of freeze on the final purchase. I sent some emails to some to see what might be causing the problem to follow through and only one of the 3 emails responded with that they were going to get the download but needed to wait until they got paid for the month.
Hi Dwain,
Sorry for the slow response.
I don't want to give out numbers, but I will tell you I got enough sales to pay for the advertising. And I now have fans who will buy again from me. Honestly, I'm happy to break even in the short term because I have been doing this long enough to know that I will make money in the long term. My wife is finally starting to be a little less uptight with me investing in advertising.
I don't know you, I don't know your music, and I don't want to encourage you to be foolish -- but sometimes you lose in the short term.