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Facebook is the world's largest and most powerful social media advertising platform, boasting over a billion monthly active users. However, leveraging this platform can be a challenging task. Successful Facebook advertising requires a deep understanding of how to drive user engagement and effectively target audiences to maximize your advertising budget. At Esteps, we possess the expertise to strategically place ads on Facebook and achieve exceptional results for your business.
Facebook allows you to target your ads to the people who are most likely to want your product or service. While Facebook advertising hits potential customers higher in the sales funnel than intent-based advertising platforms like AdWords, if you target the right audience, Facebook ads are much more effective than other high-funnel marketing channels.
There are a lot of ways to target your ads on Facebook. As a basic strategy, targeting audiences using categories like age, gender or interests can yield good results, but to really get the most out of your campaigns, it’s best to build custom audiences based on which types of users produce the most profit for your company. To speed up the custom audience building process, you can upload a list of your leads or customer email addresses. There are a couple of advantages to this sort of database marketing. First, you can use the database to effectively turn Facebook into a retargeting platform.
This is a fantastic way to reinforce your overall marketing strategy. Second, you can use your database to create a “lookalike” campaign that targets users with similar profile characteristics to the ones in your database. A “lookalike” campaign can be a very effective way to identify and attract new traffic with high conversion potential. Creating a custom audience takes ongoing effort and targeting optimization; but, as you profile your ideal customer, you set yourself up for great results.