Ad Targeting Options in Facebook Ads

A Facebook target group is nothing more than a collection of specific Meta users that our advertising can reach. Facebook creates them by taking into account such indicators as the location of specific people, their age, gender, education or interests. Adding a target group already at the time of creating a campaign can significantly increase its effectiveness at the initial stage of operation. This will help Facebook learn more quickly which users to target with our ads.
Facebook Ads distinguishes three types of audience groups, they are:
Saved audience group – is a group that we create ourselves, choosing the characteristics of the users to whom we want to target our ads. Here we can choose a specific location, gender, age, languages, as well as interests and activities undertaken in the network of potential customers. Once the target group is saved, all of its data, with the exception of location, is retained for future use. It will be necessary to select the location each time.
Custom audience group – it mainly allows you to select users who have shown interest in your company. This is quite an advantage, as these audiences are already familiar with the brand and can more easily make purchasing decisions related to it. For example, these could be:
However, it is important to make sure that our group of custom audiences is large enough for its use to make sense (if such a group is too small, Facebook will display a message informing us of this).
Lookalike audience group – it works in a way similar to a group of custom audiences. This is because it uses existing groups of custom audiences, treating them as its source group. It allows us to reach people who may be interested in using our services or buying our products. Facebook recognizes them as such because they have similar characteristics (interests, demographics, online behavior) to users who have already interacted with our company. When creating such a group, there is an option to choose how many percentages it should be similar to its source group. Larger values provide a wider audience, while smaller values guarantee greater similarity to previous customers.
To begin with, we need to think about a few things that will help us properly target our ads – first of all:
When creating an audience group, we must pay attention to whether it is too wide or too narrow (Facebook provides us with an indicator showing this on an ongoing basis).
Creating a saved audience group – we can create our own audience group, carefully selected under the representatives of our target group.
Business settings > All tools (button) > Audiences > Create audience (drop-down menu > Saved audience).
source: Meta Ads Panel
In this group, we can specify the targeting of ads based on the location of the audience, their age, gender, languages and detailed targeting such as, for example, interest in specific topics (for example, dogs and dog food).
source: Meta Ads Panel
Creating a group of custom audiences – there are several sources on the basis of which you can create a group of custom audiences (these include: instant experience, activity on the Facebook page, activity on Instagram, video views…). The following example shows how to create such a group based on activity on a contact form.
Business Settings > All tools (button) > Audiences > Create audience (drop-down menu > Custom audience).
source: Meta Ads Panel
Then select the Lead form option.
source: Meta Ads Panel
In the panel, we select the type of activity related to the form we want to use. In the retention field, we enter the number of days (when, for example, we want to reach people who have submitted the aforementioned form in the last 60 days, we enter 60). Finally, we give the group a name and a short description so that it will be easier to recognize. We click create audience.
source: Meta Ads Panel
Creating a group of lookalike audiences – at first, we make sure that we are the administrator of the pixel or page on the basis of which we will create a new audience group. When creating a group of lookalike audiences based on a group of custom audiences, we must be an administrator on the ad account.
Business Settings > All tools (button) > Audiences > Create audience (drop-down menu > Lookalike audience).
source: Meta Ads Panel
We choose the source (it can be a group of custom audiences, such as people who bought a product on the site) > We choose the locations where we want to collect the group > Using the slider, we set the percentage similarity of the new group to the source group (and thus its size – if our base group is small, it is recommended to increase the % similarity) > We click Create audience group.
source: Meta Ads Panel
The forming of such a group usually takes from 6 to 24 hours. After that, the list of audiences is refreshed every 3-7 days or so. It is recommended to wait one day for the list to fill up before adding it to the campaign.
The first step to creating an ideal audience may be to analyze data on existing customers (people who have bought our product or used our services). Analysis of such data helps not only to target ads, but also to optimize them later. For example, we can run ads on days when they are most popular (e.g., air them during the week and turn them off on weekends). Facebook also gives you the ability to select audiences by their location; even a breakdown by specific city districts is available. This is a big plus when, for example, we want to target ads to people near our stationary store. You should also choose the main goal of your Facebook activities – whether it is to increase traffic to your site, increase brand awareness or attract new customers. A key factor is also to choose the right budget for the campaign – it can’t be too small (because the ads won’t show their potential) or too large (so as not to unnecessarily spend money that won’t translate into profits for the company).
You should avoid creating audience groups if you do not have enough data. In the beginning, it is advisable to focus on gathering more information about potential customers – otherwise our advertising efforts based on audience groups may not yield satisfactory results.
Excluding specific audience groups can work well for businesses selling more expensive products that people don’t buy very often. A company selling televisions can exclude from its audience a group of people who, from the level of advertising, have made a purchase in the last 90 days, for example. This will make it possible not to burn budgets by displaying ads to people who probably won’t use the proposed offer anytime soon anyway.
Facebook also has an option to display ads only on specific devices. We can choose in a campaign to display only on computers or on mobiles. This is especially helpful if, for example, we are advertising an application available only in the Play Store. Then we can display our ads only on mobiles with the Android operating system.
Precisely specifying the exact location where our ads will be displayed will especially work if we want to get people in the area to visit our store or restaurant, for example. The location can be determined by dropping a pin on the map, typing in a postal code or even giving an exact address. For each fixed location, you can set a radius within which the ad can be displayed.
source: Meta Ads Panel
This option allows us to display ads to people who have already been exposed to our video ads in the past and have watched them, for example, 80% of the time. Reaching such people increases the chances that, as they are already familiar with the brand, they will more easily decide to purchase our products/use our services.
Targeting only users who are currently using Wi-Fi can also help increase the effectiveness of ads. This option is particularly useful if we display video or high-resolution graphic ads. Users using mobile data may be reluctant to click on them, fearing data consumption.
Thanks to information shared by users themselves, Facebook provides the opportunity to target ads to people in different life situations. This can be used to advertise wedding dresses/suits to users who have just gotten engaged, or to promote graduate studies to people who have already completed their bachelor’s, engineering or master’s degrees.
Facebook Ads provides us with many ad targeting options. They are a very useful tool in the daily work of marketers. Proper targeting is a chance to increase the click-through rate and lower the cost of conversion at the same time. However, it is important to remember that choosing a seemingly perfect target group does not necessarily guarantee us success. Despite the large amount of data, we can never 100% predict the actions of web users that our ads will reach.
We should also not forget that advertising on social media requires constant attention and adaptation to change. Once set up, campaigns will not work effectively forever. You need to regularly check them and optimize them if the situation demands it.
Sources:
https://www.kontentino.com/blog/facebook-ads-target-audiences/