Do you have any idea of the Facebook ad cost? Facebook being a very populated and popular social media platform makes it one of the best social media to upload your ads. With Facebook ads, you can create your own ads and run them where you want, whether it is Instagram, Facebook, or Messenger (all owned by Facebook). The Facebook social network is one of the best platforms to create and run your ads for many reasons, one of which is Facebook ad costs.
Facebook Ad Cost
Facebook giving you one of the best advertising services and tools, doesn’t ask much from you for payments, in this post we shall be discussing what Facebook ads costs and how it is charged. The headline of the cost of Facebook ads is simply that your ads run on your budget, in simpler terms, if your budget is $10, your ads will be run based on that budget and if your budget is $100, it will be run based on your budget.
Having said all that. It is very important you know that the services you will get. And the length of days your ads will run will be based on your budget. We will be discussing more of this later on in this post.
What Does Facebook Ads Cost
There are no fixed amounts or prices on the cost of Facebook ads. Though, with the exception of some advanced ads that you will have to meet up with a minimum amount. If you do not meet up with the minimum amount, in this case, your ads will not be able to run. More details on Facebook Ads Costs below.
The cost of Facebook ads fully depends on your budget like we said earlier, not forgetting the exception mentioned too. Now, for the overall cost and cost per result, this will be dependent on your bid strategy. If you don’t have an idea on what to bid then you can request a bid to be made based on your budget, the length of days you want your ads to run, and on other factors.
That is not all, as there are other measures put in place to help you so you don’t spend more than you want to. The first one being the campaign spending limit. This allows you to set a limit to how much you want to spend on a particular campaign. The second one is the account spending limit. This one allows you to set a limit to how much you want to spend on all your campaigns.
How Do I Pay for My Facebook Ads?
When creating your first ads, you will fill in a prefeed method. The method you choose is how payments for ads will be made. You can edit your option whenever you want. Here are some of the accepted methods of payment.
- Credit cards and debit cards.
- Online banking and/or Direct debit.
- Local Payment method.
Now, these are the accepted methods of payment. But which one to use might depend on your region, your country, and the currency your ad account was created to.
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