When you are looking to attract new seller leads on Facebook, there is simple math you can use to determine if your ad is performing well or not.
Everything comes back to your goal. Is the campaign moving you towards your goal with an acceptable ROI? Or not.
Math used in the video.
Lead cost over 7 days: $10
Daily ad spend: $9
Monthly Leads: 27
Annual Leads: 324
Conversion %: 3%
Average commission: $10,000
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Co-Founder StreetText, we connect Realtors to buyers and sellers using Facebook Advertising