We are a new business, Just online. (2 of us)
We put our own money in to start up.
August
We spent about €1096 with Facebook on ads
We've made sales of €2330 (this is not taking into account payment processing fees)
If you factor in the cost of the product we are losing money.
Are there any cheaper ways to advertise?
At the moment it's costing us €1 to make €2 (roughly) .. but when you add in the cost of the product (which varies) it's costing us €1 to make €0.55.
Would flyers/radio ads work any better?
We put our own money in to start up.
August
We spent about €1096 with Facebook on ads
We've made sales of €2330 (this is not taking into account payment processing fees)
If you factor in the cost of the product we are losing money.
Are there any cheaper ways to advertise?
At the moment it's costing us €1 to make €2 (roughly) .. but when you add in the cost of the product (which varies) it's costing us €1 to make €0.55.
Would flyers/radio ads work any better?