Selecting the right audience for your Facebook Ads is a crucial step that can determine the success or failure of your advertising campaigns. The right targeting ensures that your ads reach the most relevant people, thereby maximizing the return on your advertising spend. Whether you’re starting from scratch or looking to diversify and scale your ad account, this guide will walk you through the process of defining and selecting your Facebook Ads audience effectively.

Why Targeting is Important

 Your Ad Set’s audience is the cornerstone of your campaign’s success. Effective targeting ensures that your ads are shown to people who are most likely to be interested in your products or services. This increases the likelihood of engagement and conversions, ultimately driving better results for your business.

Prerequisites

 Before diving into the targeting options, ensure you have a Facebook Ads account. Depending on your chosen audience, you might also need the Facebook Pixel running on your website and your conversion events set up.

Understanding the Major Targeting Options

 There are three major targeting options available in Facebook Ads:
  1. Core Audiences: These are groups of people who most likely haven’t heard of your business yet. You can target them based on:

    • Location: Target people based on geographical locations.
    • Demographics: Target people based on age, gender, education, etc.
    • Interests: Target people based on their interests, such as hobbies and activities.
    • Behavior: Target people based on overall online behavior.
    • Connection: Target people with specific relationships to your pages.
  2. Custom Audiences: These are people who already know you. You can target them based on:

    • Contact Lists: Target people from your customer contact list.
    • App Users: Target people who use your app.
    • Site Visitors: Target people who have visited your website.
    • Engagement on Facebook: Target people who have engaged with your content on Facebook.
  3. Lookalike Audiences: These are people who haven’t interacted with your business yet but share similar characteristics with your existing customers or audience segments.

Defining Your Audience

General Rules of Thumb
 
When selecting your targeting options, follow these guidelines:
  1. Don’t Get Too Granular: Facebook Ads often perform better with broader targeting options, especially if your account has been running campaigns and sending data to the Facebook Pixel for a while.
  2. Don’t Get Too Loose: If your product has a clear demographic, such as a lipstick brand primarily targeting women, limit your campaign to that demographic.

Avoid mixing different types of interests, behaviors, custom audiences, or lookalike audiences in the same Ad Set. Mixing these can make it difficult to determine which audiences are working. For example, avoid combining a lookalike audience with various interests and custom audiences in a single Ad Set.

Defining Your Core Audiences

 Choose one of the following methods depending on what is available to you:
  1. Use Customer Avatars: Define interests and demographics based on personas created specifically for your business. These personas should match the product, service, or offer you will be promoting on your ads.
  2. Use Industry Reports or Competitive Data: Gather insights from industry reports or tools like SimilarWeb.
  3. Target Competitors or Complementary Pages: Use competitor or complementary product/service pages to define your audience. This is not ideal for long-term strategies but can be useful for diversification.

Defining Your Custom Audiences

The custom audience you target will depend on what your ad is promoting. Generally, start by targeting people who are closest to your ad’s conversion goal. For instance, if your ad aims to push users to purchase, target those who have visited the checkout page but didn’t complete the transaction.

Ensure that your custom audience has at least 1,000 people. If your site does not get a lot of traffic, broaden your custom audience criteria until you reach this number.

Defining Your Lookalike Audiences

Create lookalikes from your custom audiences, starting with the most valuable ones (like your best customers). Initially, use the smallest lookalike percentage (1%) and only increase it if the audience proves successful and you want to scale.

Using Targeting Layers and Checking Audience Overlap

Use Targeting Layers
 

Ensure you select the correct location and demographics. Exclude any audiences that have already taken the desired action of your ad to avoid redundancy.

If your audience is too broad, consider narrowing it by layering additional demographics, interests, or behaviors. For example, if you’re targeting people who have visited Airbnb and are interested in Hotels.com, you can refine further to ensure more precise targeting.

Check for Audience Overlap

In Ads Manager, use the “Show Audience Overlap” tool to analyze overlap percentages across your audiences. High overlap percentages may require consolidating or refining your audiences to reduce overlap and improve performance.

Conclusion

Selecting the right audience for your Facebook Ads is essential for the success of your campaigns. By understanding and implementing core, custom, and lookalike audiences, and by carefully layering your targeting and checking for overlaps, you can optimize your ad sets for maximum effectiveness. Regularly review and adjust your targeting based on performance data to ensure you are reaching the most relevant audience for your business.