New Product  🚀 Take control of your paid marketing activities with Marketing Decision Pro.
Products

PRODUCTS

Stockholm-icons / Design / Interselect Created with Sketch.
Product Overview

Start winning with marketing AI

Stockholm-icons / Shopping / Sort3 Created with Sketch.
AI Marketing Revenue Platform

Outperform with industry-leading marketing AI

Stockholm-icons / Code / Puzzle Created with Sketch.
Go-To-Market Intelligence

Reimagine your audiences using Trapica's AI

Stockholm-icons / Shopping / Sort1 Created with Sketch.
Decision Pro

Power your marketing decisions with Trapica's Data

Stockholm-icons / Media / Shuffle Created with Sketch.
Forecast

Pinpoint your forecasted number and paths to growth

ENTERPRISE

Stockholm-icons / Home / Building Created with Sketch.
Enterprise

Built for larger marketing teams

AGENCIES 

Stockholm-icons / Code / Compiling Created with Sketch.
Marketing Agencies solutions

One AI platform for agencies

Advanced Marketing Products

Stockholm-icons / General / Other1 Created with Sketch.
Trapica's AI Products

Connect marketers with all marketing products tools

Stockholm-icons / General / Shield-check Created with Sketch.
Trapica's Marketing Security

Protect your marketing teams and marketers

Trapica AIBrandsAgenciesPricingResources
Book a DemoLogin
September 18, 2024

Overcoming the Challenge of Under-Spending Your Facebook Ads Budget Without Compromising Performance

Scaling Facebook ads is a double-edged sword. On one hand, the prospect of scaling up and reaching a larger audience brings excitement—the promise of higher revenue and greater brand visibility. On the other hand, as seasoned marketers know, scaling has its pitfalls. The most familiar challenge is performance degradation. You increase your budget, your reach expands, and suddenly, your results start to suffer. But there's a second challenge lurking beneath the surface, one that doesn't get as much attention: the issue of not being able to spend your budget.

You set a budget with growth in mind, expecting Facebook's algorithm to help you spend every penny efficiently, but day after day, you see under-delivery, missed opportunities, and unspent budget left on the table. Under-spending frustration can be just as tough as the more widely recognized performance drops.

The question isn't just about how to spend more but about how to spend smartly. You want to keep performance steady while scaling up, ensuring that the additional budget doesn't go to waste. If you're finding it hard to spend your Facebook ads budget, it's not always because the budget is too high. More often, it's because there are missed opportunities in how your campaigns are structured. Let's explore how to solve the challenge of under-spending without sacrificing performance.

Broaden Your Audience Without Losing Precision

One common reason for under-spending is audience size. You may have created a hyper-targeted audience that works well on a small scale but is simply too narrow to absorb a larger budget. It's frustrating when a carefully curated audience reaches its limits, but the solution lies in expanding strategically.

Broadening your audience doesn't have to mean losing precision. Instead of loosening all your targeting criteria, you can expand key areas incrementally. For instance, if you've been targeting a specific age group, try extending it slightly. Similarly, if your targeting is based heavily on interests, consider experimenting with lookalike audiences that mirror your best customers.

This method ensures you reach relevant users while tapping into new potential. Rather than diluting the quality of your audience, you're simply opening the door to more users who align with your campaign's goals.

‍

Unlock New Placements for a Bigger Reach

Many advertisers limit their ads to only a few placements, such as the Facebook News Feed or Instagram Feed. This can significantly limit Facebook's ability to deliver your ads efficiently. If you're not spending your total budget, expanding placements can give your ads the freedom to reach users in new environments.

A powerful solution is enabling automatic placements. This lets Facebook decide where your ads will perform best across its various platforms, such as Stories, Audience Network, Messenger, or Marketplace. The algorithm dynamically allocates ad placements based on real-time performance, ensuring your budget is spent efficiently.

While automatic placements provide reach, you'll still need to monitor performance. Not all placements will be equally effective for your campaign objectives, so reviewing performance data regularly allows you to exclude any underperforming placements.

‍

Refresh Your Ad Creative to Avoid Fatigue

Under-spending your budget can sometimes be traced back to ad fatigue. When your audience sees the same ad repeatedly, they lose interest, causing a drop in engagement. As engagement falls, Facebook's algorithm deprioritizes your ads, slowing down delivery and leaving the budget unspent.

To avoid this, ensure you regularly refresh your ad creative. Even minor changes, like switching up visuals, modifying headlines, or testing new formats such as video or carousel ads, can reinvigorate a campaign. Think of it as keeping the conversation fresh and relevant.

Creative refreshes are essential as you scale since a larger audience will see your ads more frequently. Creative variation should become a regular part of your strategy to maintain high engagement and ensure your budget is spent efficiently.

Adjust Your Bidding Strategy

Your bidding strategy plays a crucial role in how efficiently your budget is spent. If you're using manual bids and set your bid caps too low, Facebook might not win enough auctions to deliver your ads, leaving your budget unspent. While low bids keep costs down, they can also prevent your ads from being shown to the right people.

One option is to test different bidding strategies. If you're using manual bidding, consider increasing your bid caps slightly to be more competitive in auctions. Alternatively, switch to automatic bidding, allowing Facebook to adjust bids dynamically based on performance. Automatic bidding can help you win more auctions and spend your budget without needing constant adjustments.

Scaling up your budget often requires more flexibility in bidding. Be cautious, drastically increasing bids can lead to overspending without improving results. Small, measured increases allow for more efficient spending while keeping performance stable.

Re-engage Audiences Through Retargeting

If you're struggling to spend your budget on cold audiences, retargeting offers an effective solution. Retargeting allows you to focus your budget on users who have already interacted with your brand—those who are familiar with your offerings and more likely to convert.

Think about users who clicked your ad but didn't complete a purchase. Instead of paying to find new prospects, serve retargeting ads to these high-value users. Since the audience is already warm, retargeting ads are often less costly and deliver a higher return on investment.

As your reach expands, so does your retargeting pool. Every click, website visit, or engagement adds potential customers to your retargeting audience, giving you more opportunities to spend your budget efficiently while boosting conversions.

Smart Scaling Requires Strategic Spending

Scaling your Facebook ads isn't just about increasing the budget and hoping for the best. While performance degradation is the most well-known challenge, the second major issue is underspending your budget. By focusing on strategic actions—like incrementally broadening your audience, unlocking additional placements, refreshing ad creative, adjusting bids, and retargeting—you can ensure your budget is spent wisely while maintaining or even improving performance.

Rather than rushing to increase spend, approach scaling with a thoughtful, targeted strategy. With the right adjustments, you'll be able to spend your budget effectively, reaching new users without sacrificing the quality of your results. Ultimately, it's not about how much you spend but how smartly you spend it to fuel sustainable growth.

‍

US Office18W 18th Street
Floor 02
New York, NY 10011
‍
Israel Office3 Aluf Kalman Magen street
Tel Aviv-Yafo, 6107075

Product

  • OverviewMarketing Targeting BiddingCreatives
  • Budget ManagmantScaleMarket Intelligence Consumer Intelligence
  • Competative IntelligenceMarket ResearchCross Platform
  • Media AnalyticsAd Planner Performance MonitoringBrand SafetyAd Forecast

Resources

  • Trapica InsightsMarketing Cloud PublicationWeb 3 & Meta MarketingPricingFAQs

Solutions

  • Marketing AutomationGo To Market IntelligenceMarketing Tools AI-Powered Marketing Agency AI-Powered Omnichannel Marketing PlatformClick Fraud Protection

Company

  • Contact Us
  • PartnersLog-InTerms Of UsePrivacy
Copyright © 2022 Trapica. All rights reserved.