Facebook is estimated to generate $4.8 billion from advertisers in 2016. That’s because there’s never been a platform that allows advertisers to scale targeted campaigns so quickly, and brands big and small are seeing results.
There are hundreds ways to target a user on Facebook, including where they live, their job title, their relationship status, and how much money they make. Want to hit single dentists who love the NBA in Wisconsin? No problem. You can be up and running in 15 minutes.
In addition to its demographic and interest targeting capabilities, Facebook has been consistently improving its Custom Audiences product since its introduction in 2013. In a nutshell, advertisers can use Custom Audiences to introduce their first-party data into Facebook advertising campaigns. With this method, they can serve hyper-targeted ads against someone who visits their website, views a certain video or signs up for their newsletter. (Ever spend 5 minutes on an e-commerce site, and notice their ads following you around on Facebook? Yeah.)continue reading