DivByZero
Joined 15 years ago
Joined 15 years ago
Totally agree that overall Facebook Ads is great for demand generation while Google Adwords is much better for demand fulfillment. Also you're right on the attribution model, Facebook clearly attribute to itself every conversion from people who clicked the ad no matter of the last click.
In the future I'll try to make a followup post playing with GA various attribution models and checking how they change the data!
I'm the first to say that Facebook Ads don't work for everyone. And in advertising you should immediately stop spending on anything that don't have a positive ROI.
Still before stopping you should learn a bit how to use the platform and give it a fair try.
Then if it does not work ... stop it immediately and move on testing another channel :)
But if you like to bash something based on data, at least let's do it with some reasonable data set
Would be really interesting to know how much the long tail account for :) But guess we'll never know!
For sure both Facebook and Google should do a better job training users with 0 expertise to better use their platform. I don't think in the long term they have much space to grow more in the enterprise, SMBs, the long tail are the segment where the future growth is ... and if they loose them after the first $50 it will be tough!
Actually every time these posts comes out (once a week lately) Facebook reputation is hurt.
However: 1) I don't think Facebook would be so stupid to intentionally fraud on clicks ... the damage could be much bigger than the gain. I'm pretty sure this is mainly due to click farm, bots and so on.
2) I don't care about the click fraud. I don't advertise to get clicks. I advertise to get customers. As long as the overall CPA I get from Facebook is lower than AdWords I'll keep advertising on Facebook.
The only thing you should consider to get to any conclusion is the overall CPA.
Facebook is a different beast from AdWords, you cannot simply target people searching for "Online budgeting tool". You have to find a good demographic and that requires lot's of testing. From that point of view $50 is actually meaningless.
Yeah ... he can say that Facebook is charging him for fake clicks ... that's an old news :)