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walemarketer

walemarketer

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Digital marketing is not magic. It needs consistent effort.

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You can 10X your investment and still be broke. This happens when you forget that you are in business to make money, not 'perform better.' The surest way to make more money with paid ads is to spend more. While looking for ways to 10X your 10K, your competition keeps building a strong presence with your mutual audience. Forget that you 10Xed your investment; if your 10X did not gain you significant ground on your competition, you're playing. And there's more to the story. With social media ads, what you are buying is impressions - people's eyes on your product. If one naira equals one pair of eyes, the guy who spent 10K got ten thousand pairs compared to the three hundred thousand eyes the other guy got. It is a game of numbers; the more people see your adverts, the better your chances. It is easier to find more customers in a broad audience of three hundred thousand people than in a narrow audience of ten thousand people. You're more likely to find more friends and families of people who need your product from a pool of three hundred thousand people than ten thousand. When you narrow your audience to get more returns, you lose out on word-of-mouth marketing. Also, adverts do more than sell your products. It helps you create interest in people who could buy in the future. So the 300K guy has more prospects since more people saw his ads in the first place. ___ Follow @walemarketer for non-BS marketing tips Tchuss! ___ #facebookad #instagramads #smallbusiness #b2b #instagramforbusiness #entrepreneurslife created by walemarketer with walemarketer's original sound
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You can 10X your investment and still be broke.

This happens when you forget that you are in business to make money, not 'perform better.'

The surest way to make more money with paid ads is to spend more.

While looking for ways to 10X your 10K, your competition keeps building a strong presence with your mutual audience.

Forget that you 10Xed your investment; if your 10X did not gain you significant ground on your competition, you're playing.

And there's more to the story.

With social media ads, what you are buying is impressions - people's eyes on your product.

If one naira equals one pair of eyes, the guy who spent 10K got ten thousand pairs compared to the three hundred thousand eyes the other guy got.

It is a game of numbers; the more people see your adverts, the better your chances.

It is easier to find more customers in a broad audience of three hundred thousand people than in a narrow audience of ten thousand people.

You're more likely to find more friends and families of people who need your product from a pool of three hundred thousand people than ten thousand.

When you narrow your audience to get more returns, you lose out on word-of-mouth marketing.

Also, adverts do more than sell your products. It helps you create interest in people who could buy in the future.

So the 300K guy has more prospects since more people saw his ads in the first place.

___

Follow @walemarketer for non-BS marketing tips

Tchuss!

___

#facebookad #instagramads #smallbusiness #b2b #instagramforbusiness #entrepreneurslife
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