Yes, Adext requires a minimum budget to give you the best results.
Minimum budgets are based on a daily amount, for example, your minimum budget for each ad group/set a day can range from $1, $5 or $40 USD, according to Facebook and Google restrictions.
A. For impressions, it needs a daily budget of at least $1 a day.
B. For clicks, Likes, video views or post engagement, its daily budget must be at least $5 a day.
C. For low frequency events like offer claims or app installs, its budget must be at least $40 a day.
For Adext your daily minimum is multiplied, depending on the type of Smart Campaign you decide to run ( (Explore AI Only or Explore AI vs No AI) to cover the budget of each one of Adext’s clones created during the exploration stage. This can vary from: $40.00 USD, $200 or $1,600, per day:
If you choose "Other currencies", your daily minimum budget will be multiplied by $0.5, $2.5 and $20 USD, meaning $40.00, $100.00 and $800.00 USD per day.
Currency Chart For Explore (AI Only and AI vs No AI)
To calculate your minimum daily budget for Adext use the table above to look for the currency you are on and define in which letter of the billing is your advertising campaign in (A, B or C, as explained above). This is your formula: Minimum Daily Budget =(Billing Factor)*AMDBF*Xdays.
After you have the billing factor determined, multiply it by 20 or 40, depending on which AI Tool you are using (AI Only or AI vs No AI) and by the number of days you are programing your campaign. This is your formula for this part: Minimum Daily Budget =(A||B||C)*AMDBF*Xdays
Currency Chart For Amplify
To calculate your minimum daily budget with Adext on Amplify you go through the same process but taking into account that to run Amplify you have to select at least 3 audiences. Therefore, you’ll have to multiply by 20 (if you are on Explore AI, or by 40 (if you are on Explore AI vs No AI) and by the number of audiences selected (minimum 3, maximum 10).
If you have any questions please let us know or visit us at adext.ai