Understanding your audience is a huge part of making any marketing initiative successful. But when it comes to Facebook, knowing your competitors’ audience can be equally useful.
Facebook’s advertising platform offers a range of capabilities and features for targeting specific audiences. By identifying relevant and engaged audiences for ad targeting, organizations can run more effective campaigns with greater returns on investment (ROI).
When you’re building audiences for Facebook Ads, you have the option to create Custom Audiences from a preexisting list of contacts or customers or Lookalike Audiences for users similar to a preexisting list of contacts or customers.
But what if you don’t have a list of contacts on hand already?
Not a problem, a Custom audience can also be built using characteristics that define your ideal audience. The Core Audiences type allows organizations to create target lists based on a variety of personal user information, including demographics, location, behaviors, and interests. In this post, we’ll cover the Interests based targeting options in Facebook and review 3 ways to use Facebook Interests to build better audiences.
For the purposes of this exercise, the example organization we’ll use is called Bob’s Barbecue Smokers, who sells barbecue smokers that cost several hundreds of dollars. They are interested in identifying users who would be interested in such a product and have turned to Facebook advertising to set up their initial campaigns.