Facebook Lookalike Audiences: What Marketers Need to Know
Facebook MarketingFacebook Lookalike Audiences: What Marketers Need to Know
If you've ever been in charge of running ads for a business, I'll bet you've wondered how to get cold audiences to interact with your ads. It's the age-old problem of online advertising.
With Facebook ads, one of the best ways to target a cold audience that is likely to interact with you is to use lookalike audiences.
Don't worry if you've heard of this concept, but have been slightly worried about getting started with the process. I know I thought the process would be more complex when I was working at an agency. Lucky for us, it's actually really simple.
Below, let's learn everything you need to know to get started with Facebook lookalike audiences.
So, how does it work?
How does Facebook create lookalike audiences?
Well, Facebook will look at your custom list of people (called a source audience), then match emails with those Facebook profiles, and then find users who have similar interests or are in a similar demographic.
With a lookalike audience, you can reach a cold audience that is highly targeted (reaching only the top 1% of people who most closely match your custom list) and more likely to convert than other audiences because they're similar to your warm audiences.
When you create a lookalike audience, you'll be able to maximize your reach and improve your cost per acquisition for new leads since you're targeting warmer audiences.
Additionally, when Facebook is creating the lookalike audiences...
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