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The same thing is kind of true for Facebook in that the ad-auction technology is built to find the highest-valued people for you. Sometimes it’s better, and like Ralph was alluding to earlier, we could start off by testing and trying to manually find these right audiences, the right placements, the right creative, that’s all good.
"Never stop testing, and your advertising will never stop improving." I once did a split test for a sales funnel in a company I'm invested in. The winning results told me something depressing. If we had tested 5 years earlier and found the winner sooner we would have made an extra 8 figures of revenue.
I have seen businesses running advertisements for lead generation but they are not happy with the lead costings & they cry over Facebook Ad costs. (Without realising that their advertisement was doing a fantastic job. The leakage was in their funnel, not the ad costings.) Case 3
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