Ezra Firestone, founder of Boom! by Cindy Joseph and Smart Marketer, shares tactical heuristics for scaling Facebook ad spend.
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“Bigger target groups at this kind of scale work better, so an ad set where you're spending a thousand dollars a day on one targeting is gonna work better than 25 ad sets where you're spending 15 dollars a day”
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More from Ezra Firestone
Insight
Firestone: Working 15-hour hustle days is extremely misguided
“The thing that I think that people miss is that it's not about how much you work, it's about what you produce, and I think this mentality of, like, Hustle and grind and work 15 hours a day is extremely misguided and missing the entire point of why we are entre…”
Ezra FirestoneMar 29, 2016▶ 18:03How Male Marketer Does $1.5m Per Month In Womens Cosmetics with Ezra Firestone of Boom! By Cindy Joseph EP 207
Disclosure
Firestone: Boom! spends $15K-$20K daily on advertising, 90% on Facebook
“So we spend about 15 to 20,000 dollars a day on advertising, 90% on Facebook, but we also use Instagram, Pinterest, and Google.”
Ezra FirestoneMar 29, 2016▶ 4:35How Male Marketer Does $1.5m Per Month In Womens Cosmetics with Ezra Firestone of Boom! By Cindy Joseph EP 207
AssertionNot checkable as stated
Firestone: Boom generates $1.4M to $1.8M monthly with ~25% profit margin
“Between 1.4 and 1.8. And our margin on that, you know, is 25 something percent.”
Ezra FirestoneMar 29, 2016▶ 8:22How Male Marketer Does $1.5m Per Month In Womens Cosmetics with Ezra Firestone of Boom! By Cindy Joseph EP 207
AssertionNot checkable as stated
Firestone: Boom has $77 average order value and $45-$50 CAC
“So, our initial average order value is about 77 dollars, and we're buying conversions on average across all of our marketplaces at around 45 to 50.”
Ezra FirestoneMar 29, 2016▶ 8:36How Male Marketer Does $1.5m Per Month In Womens Cosmetics with Ezra Firestone of Boom! By Cindy Joseph EP 207
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