Advertising Guide: Facebook

When it comes to social media platforms, Facebook is a juggernaut that looks to remain the kingpin for some time – despite competitors continually eating into its market share. Marketers have been successfully using it as an advertising platform for eighteen years, but how exactly does it work? Thank goodness you’ve found this handy Facebook advertising guide!

An Introduction to Facebook

With an estimated 2.91 billion global users, it’s very likely that the Facebook platform needs no introduction. Starting off in early January 2004, Mark Zuckerberg began writing the code for “the facebook” as a solution to being able to look up other students on the Harvard campus. It soon exploded in popularity, becoming the benchmark for social platforms that followed.

It made a shift in business model relatively early on – changing from running ads to meet operating costs to advertising being its main monetisation strategy. This led to significant investment into its advertising platform, making it simpler for anyone that manages a page to promote their content.

In October 2021, the Facebook company rebranded itself as Meta – unifying the company’s applications, products and services under one name in anticipation of their role in developing the metaverse. This did not impact the Facebook platform or the adverts that run on it.

How do Facebook ads work?

Like with all social advertising, users create profiles for themselves. Over time, the platform learns their interests based on their interactions with content. This learning is then applied to the advertising that gets served up, ensuring that you only see things that would be of interest to you. This tailoring makes the adverts highly effective. Enjoying our Facebook advertising guide so far?

Location-based targeting

Demographic targeting

When setting up your Facebook profile, information like your age and gender are required. This base-level data is important for advertisers who are looking to appeal to an audience in a specific life phase.
By researching the various personas that interact with your business, you can refine the demographics to reach specific parts of your audience with specific messages. The application of this kind of targeting can benefit all industries that are looking to reach a specific group of people.

Profession and industry-based targeting

As we touched on earlier, Facebook learns the interests of its users through their engagement on its platform. If someone likes a number of cycling shops’ Pages and regularly checks in at a cycling track, it quickly connects the dots that this user enjoys cycling and would serve up advertising content accordingly.
This is helpful for advertisers looking to grow their audience and help get their product discovered by customers who have not yet heard of their brand.

Lookalike targeting

A more advanced method of targeting is expanding your advert’s reach by creating a lookalike audience. This can be done based on an existing list of leads, website visitors or just your existing Facebook audience. With this targeting, Facebook analyses the data of the original audience and attempts to match that to a broader audience that shares similarities.
While this is generally a very successful match, this method wouldn’t translate into increased sales/leads since it is only a partial match but can expand your audience and encourage discovery.

The Types of Facebook Adverts

There are a wide variety of advert formats, each with their own strengths and best uses. All of these formats can target either awareness, website traffic or conversions. Here they are:

Promoted Posts
Collection
Carousel
Other items

Promoted Posts

The bread and butter of social advertising is a promoted post. In general, relying on organic reach limits how many people will see your post. Facebook’s algorithm favours “friend and family” content, meaning organic posts from Pages get buried and often just don’t appear on the timelines of people who have liked their Page. As a means to ensure important messages reach more of your intended audience, the post can be promoted. Even small investments, like a few hundred Rands behind a post, can provide large returns, which is why we regularly recommend putting budget behind the posts we create for our clients. These posts can be regular static posts, animations or videos.

Collection

This specific format has evolved significantly since it was first introduced, so you may hear marketers refer to it as a canvas ad too. In essence, it is a full-screen mobile-only Instant Experience, featuring a collection of all of the formats we mentioned above. This flexibility allows a lot of room for creativity and is a jack-of-all-trades in terms of call-to-actions since it can be built to perform any function.

Carousel

Users have been swiping left long before Tinder made it cool. Carousels have multiple cards and allow marketers to thread together a progression of ideas or a story into their messaging. Cards can lead to different landing pages or simply all point to the same place. For this reason, carousels work exceptionally well at driving website traffic.

Other items we may not have mentioned

This isn’t the be-all and end-all list of formats, however. Facebook is constantly revising its ad experience, so it can also be used to encourage app installs, WhatsApp conversations or remarket your products and services to people who have previously engaged with your brand. If you’d like a conversation around the cutting-edge ways to market your business on Facebook, give us a call!

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Advertising Guides

Media platforms. Same, same, but different.

Media platforms help users connect with content in unique ways. They allow each user to showcase their brand and business differently and reach different audiences.

Advertising Guide: Facebook ​