OscarMike
Active Member
Hi all, I recently watched a Youtube video from a guy giving advice on how to succeed with Facebook ads. He specializes in selling print-on-demand products using Facebook ads.
One of the tips that he gives is selling your ecommerce product for much lower than what you're normally sell it for.
With all else being equal, you're more likely to get sales if you price your product lower due to basic supply and demand economic theory. More people can afford to buy your product at, say, $19, then say $50.
Once you have, say, 3 sales, Facebook has a much better idea of who to show your ads to.
You can then increase your price to the original price you planned on sell your product at once you have this purchase data on your pixel.
What are your thoughts about this strategy?
One of the tips that he gives is selling your ecommerce product for much lower than what you're normally sell it for.
With all else being equal, you're more likely to get sales if you price your product lower due to basic supply and demand economic theory. More people can afford to buy your product at, say, $19, then say $50.
Once you have, say, 3 sales, Facebook has a much better idea of who to show your ads to.
You can then increase your price to the original price you planned on sell your product at once you have this purchase data on your pixel.
What are your thoughts about this strategy?
