Chase is one of Facebook’s Preferred Ad Partners with $10M under management, and the advisor for $189.5M+ in spend across Facebook’s products.
Facebook Ads Expert Mastery Class – Get a special 10% discount on the Facebook Ads Expert Mastery with code: FIRE10
3 Value Bombs
1) Test and see what works with your audience. The more testing you do, the more you find out what resonates with an individual.
2) There are so many individuals who are offering the same product/service as you do. The competition is brutal out there.
3) Don’t be afraid to create content.
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: TOP Facebook Ad lessons learned from $200M+ in spend with Chase Chappell
[0:55] – Chase shares something he believes about becoming successful that most people disagree with.
- A lot of people think that they can scale without having a team. The reality is, the moment entrepreneurs want to scale, they’re not thinking about bringing people onto their team. A lot of times they think that they can do all things themselves, which is wrong.
[2:15] – Leveraging IG Reels and TikTok before launching Facebook Ads.
- On IG Reels, you’re not seeing any ads, and on TikTok, so many advertisers are just not joining, so there’s a lot of attention. You can end up engaging with a lot of people without having to spend money to get those results.
- You can start seeing almost immediately how successful the results become because you’ve already hacked human behavior and understand what’s working to get a lot of views and get them engaged, and then actually take action.
[5:10] – What’s working with Facebook Ads right now?
- Find out what works for your company. Test images. Test videos.
- Images outperform videos in the long run. They are more direct.
- With Facebook Ads, if you go as direct as possible, you can get higher conversion.
- Images over a longer period of time are more consistent with results.
[8:19] – The essence of a great Facebook Ad.
- If your ultimate goal is to get return on investment or revenue, the essence of the ad should be direct, and call out the audience in your copy.
- If you go broad and call out your audience, you’re using the algorithm to your advantage, which means better results and lower costs.
[12:17] – Is there too much noise for beginners to stand out?
- There are so many individuals who are offering the same product/service as you do. The competition is brutal out there.
- It’s imperative to figure out ways to cut through that noise. You can do this by finding areas where attention is high and also the amount of individuals who are out there doing something similar is lower.
- Focus on both sides: one is before it’s available for advertisers, and then when it’s available for advertisers.
- Deliver your message with as much value as possible.
- Test and see what works with your audience. The more testing you do, the more you find out what resonates with an individual.
[14:45] – The best ways to get started with Facebook Ads in 2021.
- People can go to Business.Facebook.com, setup a business manager account, and spend around $5 a day. That’s no more than a cup of coffee. If you’re willing to pay that for a cup of coffee, it should be ok to spend $5 a day in ads.
- Scale if you see results.
[16:45] – Chase’ key takeaway.
- Don’t be afraid to create content. Content goes viral on TikTok and Instagram. Ads can’t work really well without people.
- You can always create content and not post it to build up confidence.
[18:58] – Chase’ call to action for Fire Nation.
- Facebook Ads Expert Mastery Class – Get a special 10% discount on the Facebook Ads Expert Mastery with code: FIRE10
Boom, shake the room, Fire Nation, JLD here. And welcome to entrepreneurs on fire brought to you by the HubSpot Podcast Network with great shows like my first million stories about companies that grew from nothing into legit businesses today, we'll be focusing on the top Facebook ad lessons learned from over $200 million in spend to drop these value bombs. I have brought Chase Chappell on the mic. Chase is a Facebook’s Preferred Ad Partners with 10 million under management. It has a lifetime spend of 189.5 million across all of Facebook's products. And today foundation, we'll talk about what's working with Facebook ads right now, the essence of a great ad, the best way to get started here in 2021 with Facebook ads and so much more.
When we get back from thanking our sponsors, what if you can run an e-commerce business with no tech experience or employees and generate 10K or more each month today's sponsor LaunchMyBiz is doing just that. LaunchMyBiz.com guarantees your success and revenue with complete end to end training and support apply today at LaunchMyBiz.com. That's launch my bizz.com. Chase say what's up to fire nation and share something that you believe about becoming successful that most people disagree.
1 (1m 25s):
Absolutely. Yeah, so like one thing for me that I know and see a lot of people doing is one. They think that they can scale without having a team. A lot of people, you know, in entrepreneurs are starting out on their journey. They're making a lot of, you know, money, they're having some success, but the thing is, is the moment they want to scale. They're not thinking about going into actually bringing people onto their team and scaling that way. A lot of times they think they can do everything themselves and they start to get capped out or, you know, one day they get sick or something happens and they realize that, you know, everything really is dependent on them and that they are their business and they don't really have a business it's truly just them themselves. So I think it's a common misconception that, you know, not to scale into a team is the wrong thought.
1 (2m 5s):
You should definitely consider it and actually make that expansion because those are the things that are actually going to make things more consistent for you.
0 (2m 12s):
Work Fire Nation will make the dream work. So whatever your dreams are building the right team needs to be part of that process. Now, as I mentioned in the introduction, we're going to be talking about top Facebook ad lessons learn from over $200 million in spend. So a lot of experience coming with these wise words and Chase, let's be honest. Most people just launch into Facebook ads, but you actually teach how to leverage both IG Reels and TikTok before launching Facebook ads break down the strategy for us
1 (2m 46s):
Just recently just came about, because right now with TikTok and IG Reels, there's so much organic growth happening and they're pushing these placements so heavily right now. And they're really, there's a lot of uninterrupted attention because Reels right now, you're not seeing any ads. And then on TikTok, there's only so many advertisers just now joining. So there's a lot of attention there and you can end up engaging with a lot of people without having to actually spend any money to get those results. And here's the thing like if you make a TikTok posts like, you know, w your first post or your third post, one of these posts is actually going to get a ton of use because how it works is they're going to push it out to a lot of people and essentially gets you all excited about these views. And you're going to reach, you know, anywhere between 10,000, a hundred thousand, a couple of million, every single time, we ended up telling somebody to do this.
1 (3m 31s):
They end up seeing a huge amount of views and, you know, that's one quick way to see what works. And then as you're actually testing and posting from TikTok to Instagram Reels and getting this reach, you're able to identify fairly quickly what works and what doesn't. And it's kind of like a testing ground. That's going to save you a lot of money because you're able to find out the things that resonate with individuals, the things that get the views, the things that actually keep people engaged, and then taking those fundamentals in those skillsets that you're developing there. And then applying those to your actual Facebook ads. And it's giving people huge leverage, because once you actually end up doing that, you can actually start seeing almost immediately how successful the results become, because you've already essentially hacked the human behavior and understanding of what it is that's working with, getting a lot of views and keeping people engaged and actually taking the action.
0 (4m 15s):
Are you seeing different verticals or niches that are really actually working when it comes to IG Reels and tick-tock, or is it really across all verticals,
1 (4m 24s):
All verticals? You wouldn't even believe the amount of different things that could actually get a ton of engagements. I mean, there's dads have TikTok, there's moms of tick talk there's there's grandmas of like tech talk. And then on Instagram Reels, you know, you have so many different audiences going on there. It's, you know, we have people who are millennials. You have, you know, Gen Z, you have Gen X, you have so many different individuals actually hopping on here. We have boomers on here. We literally have boomers slowly, you know, scrolling through Instagram Reels and sending those, you know, Instagram Reels to their grandkids and showing them like, Hey, check out this reel I just saw. And so that alone is giving me know authority for you to be able to capture a lot of attention and actually engage with an audience, whether it's for your business or your personal brand.
0 (5m 8s):
I mean, Fire Nation, it's worth it. It's across every single vertical, every single niche and industry, just start putting some content out there, like, see what sticks, like have some fun, experienced some things, because if you're going to work with Facebook ads, this is a great way to start your leverage by seeing what's working. And so speaking of Facebook ads, like let's get to the meat and potatoes. What the heck is working with Facebook ads right now?
1 (5m 34s):
Yeah. So, I mean, like with Facebook ads, different things are going to work for different businesses. So testing images, testing videos, you're going to have to find out what works best for your business. There's no one specific thing that's going to work for everyone. It totally varies depending on what you actually do. But the main thing is when we look at, you know, over a hundred million in spend across all these different ad accounts, hundreds of ad accounts, and we actually look at the data, we get down to the numbers and we take our own out of things and we actually pay attention to what are these numbers telling us? When we look at that across the board, you know, it's, it's images and it's going to be a shock for a lot of people because there's somebody out there in the market. That's saying, Hey, push video, lets go video. You know, video's the way to go. And you see all these videos online and people are, you know, they're going with it.
1 (6m 15s):
I don't know who's saying it, but somebody is doing it out there telling everybody to do the video. When, when we look at the data, you know, it's pretty much images that are winning and outperforming over the long run. And when we, you know, take a deeper dive into that and trying to understand why it is that images are actually performing over a longer period of time. Why is it that they're more consistent? And it's because they're more direct. A lot of times when people end up hearing that they need to create video there, they don't really understand them. You know, the actual mechanisms behind why video actually works, which is why, you know, earlier we were talking about Tri-Tech talk and Instagram Reels, because that's going to allow you to develop the skills. Most of the time, people will launch a video and they don't even show the product within the first couple of seconds. They don't even demonstrate what it is and people don't even know what they're watching until they actually get into the video.
1 (6m 56s):
And you've already lost a huge amount of potential customers, you know, very quickly. So with image, if you're showing the product, you know, instantly it's right in the center of the image, there's no other stuff in the image itself, other than the product it's super direct. And you know, Amazon's already figured this out themselves. If you go to Amazon, you search any product, it can be whatever you want and just type in a product. What you're going to see immediately is the top items are going to be white backgrounds with the product in the center. It doesn't matter what product it is. If you search it, it's going to be white background. They're not going to have models. They're not going to have other items in the actual image. It's because they want it to be as direct as possible because they want you to actually buy that thing. So that way, you know what it is, you're getting same thing with the Facebook ads.
1 (7m 36s):
If you're actually launching these things and being as direct as possible, you're going to get higher conversions. Now I'm not saying image is going to be, you know, the best result on your account. I can guarantee you all the listeners right now, probably a vast majority of them have awesome, amazing videos that are converting. Well, what I'm saying is the images over longer period of time are going to be more consistent and it's going to be easier for beginners and everyone else who doesn't have that skillset of developing content to be able to put out images fairly quickly and get good results.
0 (8m 2s):
Fire Nation data, doesn't lie. We're talking to somebody who has over $200 million and Aspen. He could look across real data and parse out. What's actually working. And guess what? I've seen it for years now. Like sometimes people just say something and then everybody's repeats that one thing. So one time someone said, Oh yeah, videos crushing it on Facebook. And now everybody just repeats. Oh yeah. Videos crushing it on Facebook. They're just repeating something. They heard from somebody who heard from somebody who heard it from somebody. But it's the data, the data doesn't lie. So chase, let's talk about the essence, the essence of a great Facebook ad. Let's break it down.
1 (8m 42s):
Yeah, absolutely. So if you're selling a product or service, it doesn't matter if you're promoting something. If your ultimate goal at the end of the day is to get, you know, a return on your investment and actual sale. We're talking about, we're not referring to awareness. We're not about, you know, I'm sharing a story we're talking about. If you need to move your bottom line to get revenue or get an actual return, you know, the main thing, the good essence of an ad is going to be being direct. That's one showing the actual product in the very center of the image or right at the beginning of the video and then to calling out your audience in the copy right now with targeting and how things are working out with the iOS 14 and so forth targeting is going to a little complicated because you have to really focus in deeply on interest at the moment to actually get things to, you know, convert because Facebook does still control that data.
1 (9m 27s):
But with your targeting, you could keep it broad. Don't do any targeting at all. And if you just write in the copy who you're looking for, let's say you're selling, you know, items for kids. And you're looking for mothers with children. If you call out those mothers in the ad by saying, Hey mothers, Facebook doesn't want people to leave their platform. They don't want people to get off Instagram. They need you to stay on the platform because that's how they make their advertising revenue. And so therefore they're wanting to keep you there. So they don't want to show you content that you don't like, because if you don't like it, there's a good chance they're going to bounce. And so if you call out the audience mothers, the last thing they're going to do is show it to somebody who's not a mother. So the algorithm is sophisticated enough to know who you're calling out when you type that in.
1 (10m 7s):
So it's going to take that keyword and start to show it to that audience for you. Therefore you don't have to target mothers because all these other advertisers are selecting that engineer, you know, that behavior or demographic, because they are selling a product that you know is for mothers. But because of that, they're all targeting a much smaller pool. But whereas if you go broad and actually call them out in the copy, you're actually using the algorithm to your advantage. Therefore getting better results in costs. And so that's, you know, those are two things that are really going to improve the conversion. Overall. The other thing is in your headline, you either need to state what the product is by just literally naming and exactly as it is. If your services say you're doing roofing, then just say that exact service, you don't have to do some elaborate name.
1 (10m 48s):
The other thing is the offer. The offer is so imperative right now because the algorithm on Facebook, it's one at one part is going to be your bid. Two part is going to be the actual offer. And then three parts is going to be a mixture of how many people you can potentially show it to how many users are active. And a lot of other parameters that are very small that make up the other, you know, slice of the pie. But the biggest one overwhelmingly is going to be the actual offer. You could actually have somebody bidding against you saying I'll pay a hundred dollars to get you to purchase. And then the other advertisers saying, I'll pay a dollar to get somebody to purchase. You might think the person who's willing to pay a hundred will get the sale. What's not always the case because of the person. You know, that's raising their hand with a dollar is actually has a better offer on their ad.
1 (11m 31s):
They're actually going to get the conversion because Facebook wants the advertiser. Who's willing to give the best offer to their individual, to get the result.
0 (11m 38s):
Number one, headline, what product is it that you're actually selling? I mean, be simple, be clear, be direct and then offer. This is a really fascinating way to think about it. Chase. Like I'm glad you brought up in this manner. Like Facebook wants conversions, not just saying, okay, who's the highest bidder. The highest bidder wins. They want conversions. The best offer is going to convert. The best. The best offer is going to be promoted most by Facebook. So that's what you need to be thinking about when you're thinking about headline. When you're thinking about offer and fire nation, is there too much noise for a beginner to stand out in this world right now? We're gonna be talking about that in more. When we get back from thanking our sponsors, are you ready to take control of your business is branding, but don't have a design background.
0 (12m 24s):
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0 (13m 6s):
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0 (13m 49s):
That's because with LaunchMyBiz, your success equals their success. So they work tirelessly to meet and exceed your expectations. How LMB provides comprehensive training and support a dedicated full-time partner, success manager, proven profitable and guaranteed results. And so much more. If you're ready to acquire a real business, that guarantee success and 10K in monthly revenue apply to become a LaunchMyBiz partner today. The LaunchMyBiz partner program is not for everyone to see if you qualify, visit LaunchMyBiz.com and click the apply button. If you qualify at LaunchMyBiz, we'll reach out with next steps. That's LaunchMyBiz.com. Chase we're back and it's loud. It's a noisy, crazy busy, silly sometimes world out there. Is it just too much noise?
0 (14m 31s):
Is there just too much chaotic craziness for a beginner? We're talking about beginners right now.
1 (14m 37s):
Absolutely. There's a lot of noise. It's, you know, there's so much information being put out on a daily basis. There's so much, you know, individuals in the space, you have individuals selling the same thing as you. You have people that are offering the same services. You know, the competition is brutal out there and with everybody getting online now, after this whole, you know, now that the pandemic is starting to, you know, be set aside, as things are starting to get much better now, you know, everybody really started to adopt the online and it's staying, it's sticking around. People are still staying online to actually, you know, continue to advertise and so forth. So it's imperative that you figure out ways to cut through that noise. And you know, one of those ways you're going to do it is by finding areas where attention is really high. And also the amount of individuals there that you're competing with is much lower.
1 (15m 21s):
So for instance, let me explain that Instagram real is going back to that conversation and TikTok. There's not a ton of advertisers, you know, running ads on TikTok yet. And there's not any advertisers running on Instagram Reels because that placement, what Facebook wants is they want to get everybody super engaged in that one area. And then once they have the attention and they have their metrics dialed in and they're like, okay, we know all these people are on Instagram Reels. We're averaging this amount of time. Now we're going to let the advertisers use this placement and then they'll open it up. Well, if you think about that, that's an opportunity. One for, if you're not running ads, you have the opportunity to organically reach a lot of people. And then once the Avenue does open up with the advertisers. Now you have a placement where there's a time attention to market too.
1 (16m 3s):
So, you know, you want to be focused on both sides. One before it's available to advertisers and two, once it is available to advertisers, you're on it. So that way you're getting the best of both worlds. So, you know, really focusing in on that and then one really delivering your message with as much value as possible and putting out, you know, a consistent amount of testing. You got to do some testing to see what works with your audience. The more testing you can do, the more you can actually find out what it is. That's going to resonate with an audience
0 (16m 29s):
Fire Nation. Yes. There's noise out there. Yes, it's chaotic out there. But listen, when you do the right thing and you are cutting through the noise and you are becoming the best solution to a real problem, people will beat a path to your door because people want the best solution to a real problem. And when they're looking for what you're selling and you are the best solution to that problem, you will win. Now, let's go through some of the ways that we can get started with Facebook ads in 2021, I mean a fire nation's like, okay, I'm ready to get started. I'm understanding this whole leveraging IG Reels and TikTok. I'm understanding that data doesn't lie. I understand the headline and the offer and how images are outperforming video right now.
0 (17m 12s):
What are the best ways for our listeners chase to get started with Facebook ads here in 2021?
1 (17m 20s):
It's very simple. I mean, people can go to businesses on facebook.com set up a business manager, create an ad account. And you know, you have to spend no more than $5 a day. That's, that's no more than, than a cup of coffee. I mean, if you're going to Starbucks, I'm sure you're paying more than $5 to get a coffee. Most people are. It's just typical. And the thing is with that. If you know, if you're willing to pay that for a cup of coffee, then it should be okay to be willing, to spend $5 a day. It's not a lot of money to risk. It's not a lot of money to lose. It's no more than a cup of coffee. And that allows you to wine. See how the data, I understand if things are going well, if you're getting purchases great, then you can start to scale, no need to come in there with a, you know, a mindset of, okay, I have a thousand dollars set aside with my business, or I have, you know, $500 that I've just received extra, that I want to put towards advertising.
1 (18m 6s):
If you do that, most of the time, people will come in. They'll place like a hundred dollars daily budget. And then after five days, or, you know, a couple of days, the money's gone and then they wondered what happened. Oh, Facebook ads didn't work for me and so forth. It doesn't need to be that way. You don't need a scale unless you're actually seeing the results in that way. You actually limit your risk and can achieve, you know, success by once you do see something that works, then you actually decide to scale that way you don't go in there with, you know, assuming that you're going to be able to get results with some large budget that you all of a sudden got access to go ahead and start small and then only move up.
0 (18m 39s):
It does work $5 a day, fire nation. And then only scale. If you see results, you're only going to scale. If you start seeing results in your business can grow with you. So Chase, we talked a little about a lot of Austin this today. What do you really want to make sure Fire Nation gets from everything that we talked about? Like really take this home for us. What's the one big takeaway from our conversation today?
1 (19m 4s):
Honestly, really just about starting and not being afraid to actually create content. Okay? Whether it's for your business, you don't have to be the person showing yourself on camera. If it's for your product, if it's for your service, a lot of times people are nervous or afraid or self-conscious about themselves and shooting content or, you know, making a photo or something like that. It doesn't have to be that way. You know, content goes viral on TikTok content goes viral on Instagram ads convert really well without people, you know, it can work. You don't, you don't have to use your actual self. You don't even have to use your own voice. There's actually tools. That'll actually talk and you just type in the text and they'll do it for you that way. If there's any, you know, self-consciousness about anything. There's so many ways that you can still do this without having to worry about those specific things that you're worried about.
1 (19m 45s):
And that allows you to actually get started, create the content and see what works and then get warmed up to the idea. You know, I, before I started YouTube, I had 200 videos, literally logged before I decided to post my first video because I was so self-conscious about what it was that I was coaching individuals on him, because I was like, what if somebody doesn't like it? What if they don't like the way I talk? Or, you know, what if it's something that the way I look or, you know, I was just nervous about launching. I, it literally took me 200 videos to create before I decided to publish one. And the moment I decided to publish that one video after I built up all that confidence, it did great. And then I just, the good thing is I had 200 of them. I could literally release now. And I was able to actually create content. And if I was decided not to post for a month, well guess what?
1 (20m 26s):
I still had backlog content that I could pull from. And still to this day, there's so much content that we've been building up, you know, just as a vault alone because of that one, you know, time where I ended up back bonding all this content. And so that's really allowed me to be able to post if I'm not feeling it one day and so forth. So, you know, you can always create this content and not post it to build up the confidence. Well, confidence
0 (20m 49s):
Is huge Fire Nation. If you have the confidence by again, if you just start a $5 a day, get the confidence to get one conversion at that one conversion made you $10. Then maybe you bumped up to $6 or $7. You can continue to scale as you want, as you need, as you're going forward. Chase, how can fire nation learn more from you? How can we learn from you? How can we get educated with you? How can we connect more with you pass this podcast, break that down for us?
1 (21m 16s):
Absolutely. So, I mean, if you go to my site, ChaseChappell.com, it's ChaseChappell.com. You can find my social media there, my YouTube channel, my Instagram, there's a lot of content we're putting out on TikTok daily, as well as, you know, if you go to ChaseTravel.com/fire, you'll be able to get, you know, all of the discounts to all of the products that we offer to Fire Nation. You're the average of the thighs.
0 (21m 41s):
The people you spend the most time with, you've been hanging out with CC and JLD today. So let's keep up that heat. And again, if you head over to EOFire.com and type chase in the search bar of the show notes page will pop up with everything we've talked about here today. Best shownotes in the biz, timestamps links galore. And of course, and of course, head over to ChaseChappell.com/fire. That's two Ps, two Ls, ChaseChappell.com/fire and Fire Nation. You know, the you're the average of the five people that you spend the most time with. And you've been hanging out with the right people, tell you, so just keep doing those things. And she has on her say, thank you brother, for sharing your truth, your knowledge, your value with fire nation today.
0 (22m 22s):
So for that, we salute you and we'll catch you on the flip side. Hey, Fire Nation today's value bomb content was brought to you by Chase. And one thing that I've identified over the years is that successful entrepreneurs, they are productive and they are disciplined and they are focused, which is why I created the mastery journal. It's a gorgeous, full other journal that will ensure that you master productivity, discipline and focus in 100 days, it is my best work ever. So visit the MasteryJournal.com use promo code podcast free $15 discount. And thank you for listening to my podcast and I'll catch you there, or I'll catch you on the flip side.
2 (22m 57s):
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0 (22m 58s):
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