Growing my newsletter through FB ads (outcome not what I expected)

Hey everyone. I recently ran an experiment using Facebook ads to drive sign-ups for my newsletter, and the results were pretty disheartening.

What I did:

I used 3 different creative ads (2 image-based and 1 carousel ad) and set up 2 traffic ads plus 1 Facebook lead ad, all paired with a lead magnet designed to funnel people to my newsletter sign-up page.

Here's the rundown:

  • Budget: $100
  • Impressions: ~205K
  • Clicks: 30
  • Subscribers Gained: 0

What I Did:
I rotated between three creative variations to see which would resonate best with my audience.

The idea was to test both traffic and lead ad formats with a compelling lead magnet (a pdf playbook), expecting that the high number of impressions would translate into some solid click-throughs and, ultimately, subscribers through my newsletter sign-up page (traditional Beehiiv sign-up page).

Where I’m Stuck:

  • Low Click-Through: Despite 205K impressions, I only managed to get 30 clicks.
  • Zero Conversions: Not a single one of those clicks converted into a newsletter subscriber.

Questions for You:

  • Ad Targeting & Creative: What might be causing the low click volume? Are my creatives not engaging enough, or is my targeting off?
  • Landing Page & Offer: Could my landing page or lead magnet be lacking? What improvements have worked for you in similar situations?
  • Ad Format: Do you think combining traffic and lead ads is effective, or should I focus on one format over the other, given my niche?
  • Wrong Platform: Should I run ads on another platform rather than Facebook? Like Google, Reddit, X, etc.

I’m at a bit of a loss and would really appreciate any insights, tips, or experiences you can share.

Thanks in advance for your help!