How To Use Lookalike Audiences To Scale Your Facebook Campaigns destiny-entrepreneur.com /how-to-use-lookalike-audiences-to-scale-your-facebook-campaigns/ So you’ve got a Facebook campaign that’s delivering a great ROI and you’re looking to scale it… Firstly – congratulations! Creating a profitable Facebook advertising campaign is not easy so give yourself a pat on the back. Secondly – how do you scale it? The obvious answer seems to be: Increase your ad budget And that can work for a while… But what happens when you’ve burnt out your target audience? There inevitably comes a time when the vast majority of your target audience have seen what you’re advertising and they are either interested or not. If you keep advertising to that same group of people, your profitable Facebook advertising campaign will eventually become not so profitable. But there’s no need to panic because that’s where lookalike audiences come in.
What Are Lookalike Audiences? Here’s Facebook’s definition: A Lookalike Audience is a way to reach new people who are likely to be interested in your business because they’re similar to people who already are. When you create a Lookalike Audience, you choose a source audience (a Custom Audience not created with a data partner, your pixel data, your mobile app data or fans of your Page) and we identify the common qualities of the people in it (ex: demographic information or interests). Then we find people who are similar to (or “look like”) them in the country you choose. Confused yet? Basically a lookalike audience consists of a group of people that are very similar to another group of people. And I mean it when I say very similar. Facebook knows A LOT about it’s users, which might be a bit scary… but it’s great for us advertisers. And this is fantastic for scaling campaigns, because if advertising to a certain audience is generating a great ROI… You want to get that ad in front of people that are similar to (or “look like”) that audience. Most of the time you’ll generate a great ROI with that lookalike audience as well.
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