With its 2.19 billion monthly active users, Facebook provides a huge potential audience to businesses. One of the core strengths of Facebook is its granular targeting, and this is the reason 3 million businesses run Facebook Ads. In 2012, Facebook launched its Custom Audiences tool to further help businesses to reach users that are likely to be interested in their businesses.
- What are Facebook Custom Audiences?
- Benefits of using Facebook Custom Audiences
- Types of Facebook Custom Audiences
- 1. Custom Audiences based on website activity (pixel)
- 2. Custom Audiences based on CRM segments
- 3. App Activity Custom Audiences
- 4. Offline Activity Custom Audiences
- 5. Engagement Custom Audiences
- How to automate your Custom Audiences building with LeadsBridge
- About Facebook Customer Lifetime Value
- How to calculate the Customer Lifetime Value
- How to use the Facebook Customer Lifetime Value to create value-based audiences
- Sync your audiences using Facebook Custom Audience integration
- How to create an automatic audience with LTV
- Facebook Conversion API
- 4 Creative ways to Use Facebook Custom Audiences to Boost your Campaigns
- Custom Audiences Common questions
- Facebook Custom Audiences Success Stories with LeadsBridge
- 5 ways large companies can benefit from Custom Audiences Sync
In this article, you will learn all you need to know about Facebook Custom Audiences and creative ways to use it to enhance the profitability of your campaigns.
What are Facebook Custom Audiences?
The Facebook Custom Audiences tool is a powerful targeting tool you can use to laser target your ads to show to potential customers that are likely to convert.
The Custom Audiences list comprises people that have shown interest in your business. They are those from your CRMs, visitors to your website, app and email subscribers, customers from your retail store, etc. These are audiences you can show your adverts to because they are likely to convert. You can also add or remove people who have carried out specific actions from the Custom Audiences. For instance, you can exclude people who have recently subscribed to your app. This will ensure that you are not advertising to the wrong set of people, wasting your ad spend.
With Custom Audiences, you can also create a lookalike audience to get new customers that look like your best customers, thereby maximizing the ROI of your campaigns.
Below are four distinct benefits of Facebook Custom Audiences.
Benefits of using Facebook Custom Audiences
There are many ways Facebook Custom Audiences can help you get good results from your ad campaigns. Below are five of them, together with case studies to help you understand the impact of Custom Audiences on your campaigns.
1. It generates more qualified leads at a lower cost
Facebook Custom Audiences is a great tool you can use to generate more qualified leads at a lower cost for your business. You can do this by retargeting those who have previously shown interest in your business but did not make a purchase.
A good case study of a company that got leads and sales by using Custom Audiences for retargeting their visitors is McCarthy & Stone — a UK developer and manager of retirement communities.
They were looking for ways to generate leads and sales from their ads. They used Custom Audiences for retargeting ads to people who have been to their websites.
They got 4.3x more sales leads, 2x lower cost per lead for prospecting campaigns and retargeting campaigns.
2. It drives quality traffic to your website
Facebook Custom Audiences can help to increase your website traffic. An example of a company that achieved this feat is Favi, an online one-stop furniture shop. The company used Facebook tools and Custom Audiences to drive traffic, increase sales and raise brand awareness.
They achieved a 2.6x increase in website traffic, 2.1x increase in people reached and 600,000 people were reached daily.
3. It drives in-store visits
With the Facebook Custom Audiences, you can retarget customers who have bought things in your offline store or engage with your services.
Louis Vuitton used Facebook’s store traffic ad objective with Custom Audiences to reach potential customers when they are close to a store.
The ad brought in 13,000 store visits, 742,000 people reached, and â‚¬1.26 cost per lead.
4. It Increases mobile app installs
If you have an app for your business, you can use Custom Audiences to increase your app installs by targeting the right audience with your ad. This is seen in the results obtained by the mobile app called the Washmen — a leading UAE app-based laundry service. They run a Facebook mobile app ad campaign to increase their mobile app installs and brand awareness.
They used a combination of Facebook ad tools with Custom Audiences to get a 3x increase in weekly sign-ups, 70% of mobile app registrations, 2x increase in sales.
Types of Facebook Custom Audiences
There are five major types of Custom Audiences available for advertisers. They are:
- Website Custom Audiences
- Customer list Custom Audiences
- App activity Custom Audiences
- Offline activity Custom Audiences
- Engagement Custom Audiences
However, here, we will concentrate on the Website traffic and Customer list.
1. Custom Audiences based on website activity (pixel)
Custom Audiences allow you to build an audience of website visitors who came to your website from different sources. You can segment them based on their actions on your website, such as the specific pages they viewed. For example, when a visitor comes to your website and clicks on a product to view it but did not make a purchase, the Facebook Pixel on your website will track their actions, and you can use the data to create a Custom Audience that you can convince to buy from you.
But before you can do this, you need to install the Facebook Pixel on your website.
What is Facebook Pixel?
The Facebook Pixel is a tracking code that follows your website visitors around your website and sends the data back to Facebook. With this pixel, Facebook has quality information about the website visitors that you can use to create Custom Audiences to target them with ads.
For example, I searched for a blog post on our website blog — Leadsbridge.com, and read an article. I went to Facebook afterward and saw a retargeting ad. Check it out below.
This is how to retarget visitors with relevant Facebook Ads.
How to create Facebook Custom Audiences (with Facebook Pixel)
The first thing you need to do before you create Custom Audiences for your website is to create the Facebook Pixel. To do that follow the steps below:
- Login to your Facebook account
- Click on the Ads manager
- Under the “Measure & Report“, click on “pixels”
4. This will take you to the event manager’s page as shown below. Click on “create a pixel”.
5. Name your pixel and enter your website URL in the spaces provided.
6. Click “Continue” when you are done.
The next thing to do is to add the Facebook Pixel to your website.
How to Install the pixel on your website
There are three ways to install the Facebook Pixel on your website:
- Use an integration or tag manager
- Manually add pixel code to your website
- Email instructions to a developer.
1. Use an integration or tag manager
- If you are not comfortable installing the code directly on your website, you can use a partner integration. To do that, follow the steps below:
- Click on “Use a partner integration”
- Choose a partner from the list such as Magento, Segment, Shopify, Google Tag Manager, Wix, Squarespace, etc.
- Follow the instructions to set it up.
2. Manually add the pixel code to a website
To manually install the pixel on your website, follow the steps below.
- Click on “Manually upload the code yourself”
- Copy the “pixel code” from the page displayed
- On your website, search for the “header template” in your CMS or web platform
- Paste the code at the bottom of the “header section,” directly above the closing head tag.
- Add “events”
- Click “test events” to make sure you set it up properly. If the status reads “active,” then it is working.
3. Email instructions to your Developer
If you have a website manager or developer that takes care of your website, you can email them the code to help set up your pixel. Follow the steps below to do it.
- Click on “email instructions to a developer”
- Put in the recipient’s “email address”
- Click “send”
Now that you know how to create the Facebook Pixel and also install it on your website, it is time to create a Custom Audience for it.
How to create a Custom Audience for website visitors
To create an audience for your website visitors on Facebook, follow the steps below:
- Log into your Facebook account and go to the “ads manager”
- Click on the ‘Ads Manager’ menu and click on ‘Audiences’
3. Click on “Create audience” and then click on “Custom Audience”
4. In the next window, choose the audience you want to create i.e., Website
5. Choose whether to include people who meet any or all of the criteria you will set below
6. Choose the “people you want to target.” For example, you can target three categories of website visitors i.e.
- All website visitors within a specific period
- People who visited specific web pages
- Visitors by time spent
7. Select as appropriate and name your audience
8. When you are done, click on “create audience“
2. Custom Audiences based on CRM segments
The customer file contains a list of people who have interacted with your business. They are your newsletter subscribers, customers, etc. You already have their details, such as their email and/or phone numbers stored on your CRM or auto-responder. All you need is to download it as a CSV file and upload custom audience to Facebook, and it will create a Custom Audience based on the details.
How to create Facebook Custom Audiences (based on your CRM data)
To create a Custom Audience for your customer list, follow the steps below:
- Download the CSV file of the leads/customers you want to reach from your CRM or auto-responder.
- From the “Ads Manager”, click on “Audiences”.
3. Select “Create Audience” and click on “Custom Audiences”.
4. Select “Customer list”.
5. Click on “Add from your own list“.
6. This is where you will upload your CSV file from your CRM or Auto-responder. You can either upload manually or use automation to upload the data.
To upload it manually, select the original data source drop-down to specify where you got the data from, then upload this list as a text or a CSV file, or directly copy and paste the data in the content field.
Instead, you can use LeadsBridge’s Custom Audiences Sync tool to sync your CRM or Auto-responder with Facebook and create a Custom Audience for your customer list. Here are some useful LeadsBridge integrations to seamlessly sync data from your automation tools.
Facebook Custom Audiences integration with Zoho CRM
Facebook Custom Audiences integration with Google Sheets
Facebook Custom Audiences integration with ActiveCampaign
7. Name your audience and select “next”.
8. Edit and upload your data. Make sure to check the data to ensure all of them are classified accordingly. If they are not, edit them to match the correct classification.
9. When completed, upload the Custom Audience to Facebook. Facebook lets you use the data to create your Custom Audiences. Once uploaded, click on “Done” to finish the process.
3. App Activity Custom Audiences
As advised by Facebook, creating an app activity audience is an ideal way to target groups of people who are most likely to take action when you want them redirected to your app.
You can seamlessly pass data from your app to Facebook using the Facebook SDK. Then, use that data to filter who you want to include with your targeted ads and Custom Audience.
An effective model would be using the Traffic or Conversion objective to conduct an ad engagement campaign for your app. If this is the case, you might find that your ads perform better for those who have already installed and used your app.
Before you begin with creating Custom audiences for app activity, there are two steps to take:
- Register your app.
Set up Facebook SDK and log app events on Facebook for Developers Site.
Once registered, creating app activity Custom Audiences is as simple as 8 steps. According to Facebook, those 8 steps include:Navigate to Audiences. You can find it at the Ad Set level in Ads Manager.
2. Once there, select the “Create New” button
3. In the drop-down menu, click on “Custom Audience”.
4. And then, select “App Activity”
5. In the new drop-down menu, decide which audience you’d like to base your Custom Audience on.
6. Click Refine by and then select your details. Here, the added details to the app events define what you’re basing your audience on.
7. Name the audience.
8. Click on “Create Audience” to finish.
Once these 8 short steps are completed, the audience is ready to be used immediately. However, it may take a few hours to pre-populate.
4. Offline Activity Custom Audiences
Offline Activity Custom Audiences are essential to accurately tracking customers who make their final purchases in an offline setting. The audience will constantly refresh based on offline events and data collected within the last 180 days and uploaded within your specified timeframe.
By creating an offline activity custom audience, you can exclude customers who have recently bought something offline to target new customers. Once you’ve created the Offline Activity Custom Audience, you can start building a Lookalike Audience to target the people similar to your customers.
Setting up Offline Activity custom Audiences is relatively straightforward and only takes six simple steps. This is what you need to do to get started:
- Navigate to Events Manager just like before. Facebook reminds that if you have more than one account, make sure that you select your selected account.
- Once there, find and select “Offline Events”.
3. Click on “Create” and select “Create Custom Audience” in the drop-down menu.
4. Select your ad account, then click “Next”.
5. Select or create parameters for classifying your audience. This way, you can choose who to include and exclude based on interaction activity.
6. Name the “Offline Activity Custom Audience”, and select Create Audience”.
Creating a Lookalike Audience is the best way to reach out to new potential customers. As the name indicates, these Lookalikes are similar to customers that you’ve already converted, and they will be more likely to convert, too.
5. Engagement Custom Audiences
An Engagement Custom Audience targets users who have engaged with your brand across the Facebook family of tools, apps, and services.
These “engagements” can be targeted based on viewing videos, clicking on Facebook pages, or opening a form in a lead generation ad. Based on these actions, you can show your ads to relevant people who are already somewhat familiar with your brand.
There are seven Engagement Custom Audience types available:
- Lead Form
- Instant Experience
- Instagram Account
- Facebook page
Keep in mind that Engagement Custom Audiences are different from Custom Audiences from your website. Although they target a similar audience, Engagement Custom Audiences focuses exclusively on the Facebook family of tools, apps, and services.
How to automate your Custom Audiences building with LeadsBridge
Did you know you can sync your CRM databases or marketing platforms such as Salesforce®, Bitrix24, Act-on, and HubSpot with the Facebook Custom Audiences using LeadsBridge’s Custom Audiences Sync tool?
When you sync your CRM or auto-responder with the Facebook Custom Audiences through LeadsBridge, the leads’ list automatically updates. Therefore, you can upload your customers’ list directly to Facebook. It will automatically create the Custom Audiences from your list. That means you don’t have to worry about uploading manually and mismatching data. To automate your data sync, try these LeadsBridge integrations:
Facebook Custom Audiences integration with Salesforce®
Facebook Custom Audiences integration with Bitrix24.com
Facebook Custom Audiences integration with Act-On
Facebook Custom Audiences integration with HubSpot
Also, if you have new visitors signing up daily, you don’t have to keep uploading the file manually every day; LeadsBridge refreshes every 6 hours to keep the list updated in real-time.
About Facebook Customer Lifetime Value
Facebook defined Customer lifetime value as “a numeric representation of the net profit you predict will be attributable to a given customer over the duration of your relationship with them. “
In other words, a customer lifetime value is the amount of money a customer spends with your business before they stop. Therefore, it is more profitable to keep existing customers than to acquire new ones. Acquiring a new customer can cost five times more than retaining an existing customer. Other statistics to consider are the success rate of selling to an existing customer (retention) is 60-70%, while the success rate of selling to a new customer is 5-20%.
This metric is key to making crucial business decisions. However, you need to use some calculations to know your customer lifetime value.
How to calculate the Customer Lifetime Value
The formula to calculate Customer Lifetime Value is; Customer value x Customer’s average lifespan.
The customer value is determined by finding the average order value and multiplying it with the purchase frequency.
Customer value = Average order value x Purchase frequency
1. Average order value
This is the total average of how much a customer spends on your website with each new order made. It is calculated over one year:
Total revenue x number of orders = Average order value
2. Purchase frequency
This is the number of times a customer makes purchases from your business in a given time. The purchase frequency is calculated over one year by:
Number of orders x unique customers = Purchase frequency
For instance, if you have 500 orders in 2018 and 350 unique customers, the purchase frequency will be 500 x 350 = 75,000.
So, the Customer Value = average order value x purchase frequency.
3. Customer Average Lifespan
A customer’s average lifespan is the average time a customer stays with your business before they leave or become inactive. It is the most difficult to calculate and depends on the business you run. For example, if you sell items that people buy just once, such as a house, the lifetime will be shorter. But if you sell items that people regularly need, such as clothes, it will be a long lifetime. However, Avinash Kaushik from Shopify recommends 1-3 years as a good lifespan for a customer to be active.
The formula for the Customer lifetime value = customer value x customer average lifespan.
Multiplying the Customer Lifetime Value by how long a customer stays with your business gives an accurate value for each customer.
How to use the Facebook Customer Lifetime Value to create value-based audiences
Facebook Customer Lifetime Value is especially useful for creating value-based audiences. A value-based audience, according to Facebook, is “a value associated with your customers based on how much and how often they spend with your business over the course of their relationship with you.”
Usually, a custom audience is used to create a Lookalike Audience, which helps find similar people to your customers. But the value-based audience takes it a step further using the Customer Lifetime Value to create a Value-based Lookalike Audience comprising your most valuable customers. To create the Value-based Lookalike Audience, you need to add a Customer Lifetime Value column to the CSV file you want to upload to create a custom audience. Learn how to create the Facebook LTV custom audience here.
Sync your audiences using Facebook Custom Audience integration
Use an official partner that provides Facebook custom audience integration to maintain your segments and ad audiences in sync through automation. For example, providers like LeadsBridge allow building real-time segments that cluster your leads based on their demographics, page views, events, etc.
Furthermore, LeadsBridge performs the identical procedure for Audience Targeting. The process starts from the data you collect based on existing customers in your CRM. Then, you can connect your segmented lists by combining different data sources using filters and formulas to create accurate audiences. You can always retarget your ideal customer or create lookalike audiences based on your evergreen audiences to attract new customers.
Implementing a Facebook custom audience integration also enables you to increase relevance between your ads and its end receiver. You can run retargeting audiences in new ad campaigns based on the defined set of data you have provided.
Lastly, a Facebook custom audience integration can enhance the performance of lookalike ad campaigns and decrease cost per acquisition (CPA) by filtering audiences that do not need to see your ad, such as existing customers.
Here are some more of LeadsBridge’s Facebook Custom Audience integrations.
Facebook Custom Audiences integration with Mailchimp
Facebook Custom Audiences integration with ActiveCampaign
Facebook Custom Audiences integration with HubSpot
Facebook Custom Audiences integration with Adobe Campaign
How to create an automatic audience with LTV
LeadsBridge is a Facebook Marketing Partner that integrates over 370 CRMs with Facebook. One of our popular integration tools is the Custom Audience sync. This tool allows you to automatically create an audience by syncing Facebook with your CRM, which calculates the Facebook Customer Lifetime Value of the listed customers.
Creating automatic Facebook LTV Custom Audiences saves time and effort since it prevents advertisers from manually uploading custom audiences to Facebook. The Custom Audience Sync tool also helps keep your Lifetime Value Audience lists on Facebook updated whenever someone makes a purchase.
Let’s find out how to create an automatic Facebook LTV Custom Audience using LeadsBridge’s Custom Audience Sync tool.
Before you start, connect your CRM in the integration area shown below.
There are four steps involved in creating a Custom Audience through LeadsBridge:
A. Log into your LeadsBridge account and click on “Facebook suite”. If you have not registered yet, sign up for free here.
B. Select “Custom Audiences.” If you have custom audiences available, choose the appropriate one. If not, click on “Add New” to create a new audience.
C. Select the “Facebook Ad account” you want to use for the “Custom Audience.” If no accounts are added, click on the “Add Ad Account “button and click “next.”
The next step is adjusting the settings.
In this section, you can either create New Custom Audiences or use an existing one on your Facebook. Here, we will build a new audience and name it “Test Audience”.
Next is the interval time, which depends on the volume of traffic you have. For example, if you choose a 24-hour or 6-hour interval, LeadsBridge will sync the new records back to Facebook accordingly. The function also will help you remove a contact that has been unsubscribed from your list in the CRM.
The next option is Value-based and determined according to the Lifetime Value of your client’s lead. In practice, it enables you to create a value-based lookalike audience. To activate it, click the button and switch it to “Yes.” The audience will include individuals similar to your highest valued customer.
If you need to use a specific event value, you can also switch it on. Otherwise, you can leave it.
In case you need to use a specific event value, you can also switch it on. Otherwise, you can leave it.
Here, you will define the lead source. In the same bridge, you can add multiple sources, multiple CRM, email marketing tools, different kinds of lists, and even create a sub-segment using some functions here. So, click on “browse” to select your preferred source.
Here, we will use HubSpot as an example with the right integration.
In the next screen, select the right segment where the leads or contacts are stored on HubSpot (or the preferred CRM).
In the next step, match the fields from your system to the Facebook field. Ensure that it is done correctly.
Then, click on “Next“.
In the next step, it will display the software/platform you’ve just added.
If you have multiple audience sources, click on the “Add Another Source” button to include it. Here, we will add another audience source — MailChimp and click on “Next”. Choose the right list for the account.
Match the fields accordingly and click on “Next”.
You will see the two audiences you added to the account on the next screen, as shown below.
You can add more lists by clicking on “Add another source.” When you are done, click on “Next”.
This is your last step before going live and simulating the bridge. There are options when you run it in assimilation mode.
Click on “Publish” to run the simulation. This practice lets you see the last execution, the day, the time the contact has been synced or deleted. In addition, it displays errors, as shown below.
When you click on “History” of the newly created Custom Audience, it takes you to a page where you can see all details such as the execution date, duration, status, sync errors, etc. Here, you can revise the errors to make them right before publishing the audience.
Create automated bridges between your marketing tools and Facebook Custom Audience for running effortless and high performing campaigns. Check out our integrations here.
Facebook Conversion API
Although we’ve talked about it extensively, Facebook Conversion API is also useful for tracking conversions across all audiences.
As it’s called, CAPI is a quick solution for all of the data privacy issues everyone is facing. With the rise in third-party data regulations, every digital marketer has been pushed to become GDPR and CCPA compliant. Although this isn’t a bad thing (after all, everyone deserves their privacy), it certainly is an obstacle to a lot of businesses and their marketing plans.
Facebook CAPI has become the go-to solution for countless businesses as it’s quick to set up, and it’s easily integrated with your CRM or other marketing tools.
We provide an intuitive yet simple solution for making that connection. It only takes a few clicks! Once the bridge has been made, you never have to worry about it again, avoiding the need to manually and repetitively download and upload CSV files. Let’s have look at a few of LeadsBridge Facebook CAPI integrations:
Facebook Conversations API integration with Zoho CRM
Facebook Conversations API integration with ActiveCampaign
Facebook Conversations API integration with WooCommerce
4 Creative ways to Use Facebook Custom Audiences to Boost your Campaigns
Are you searching for ways to boost your success with Facebook Ads using Custom Audiences? Here are five creative ways to use Facebook Custom Audiences and boost your ad campaigns.
1. Exclude current customers from seeing your ads
You can use Custom Audiences to exclude your current customers from seeing your Facebook Ads. For instance, you can exclude the customers who have purchased your product in the past from seeing your product ads. You can do this by uploading your customers’ list and using it as a negative list, so you don’t waste your advertising funds on users who are already paying customers.
Irish Tax rebates created a Facebook ad to help drive people to a landing page where they can fill out an inquiry form. In addition, they set a broad target to reach many people in Ireland and created a website. Using Custom Audience, they could exclude people who had already used their service.
They achieved a 2.5x increase in sales and a 50% decrease in cost acquisition.
2. Set up Up-selling and back-end offers
The Facebook Custom Audiences helps you build audiences of people in specific stages of your sales funnel, so you can show them the perfect offer that will lead to conversions.
For example, you can:
- Show front-end offers to prospects that sign up to your email list.
- When the prospect converts, show them up-sell offers instead.
- When they buy the up-sell offers, it’s best to show them the back-end offers.
Apart from that, you can even set up a dynamic Custom Audience building system. This process includes defining a Custom Audience from a thank-you page after accomplishing each goal. i.e., one for your prospects, one for potential customers who need a demo, and one for clients. By doing so, it will be easy to move 5% or 10% more prospects to the next stage of your sales funnel with a small retargeting spend.
See an example from LeadsBridge below.
3. Use Custom Audiences to retarget website visitors
Retargeting on Facebook means targeting your website visitors repeatedly until they convert. It is a powerful marketing tool and an efficient way to attract leads and customers. Let’s see how retargeting works:
Facebook gives you a code or pixel to install on your website. The code stores the information about your website visitors and follows them as they move to other websites or social media networks on the internet. This data is also used to show them relevant ads.
Since you have installed the Facebook Pixel on your website, you can access the information of customers who have visited specific pages on your website and create a Custom Audience from them. Target them with ads about products they viewed but did not buy. This technique also works for visitors who abandoned their shopping carts.
The Spearmint love, an infant clothing and accessory brand, ran Facebook Ads for some time. Ultimately, they conducted a retargeting campaign with the audience data collected by the Facebook Pixel over time. They set up a Custom Audience list based on visitors who came to the website in the last 60 days but did not purchase. Then, they created dynamic ads to bring the visitors back to their website and shop.
They received a 14.2x return on ad spend with a cost conversion of $0.11.
4. Set up a Facebook Custom Audience with CLV/LTV
Customer Lifetime Value (CLV) is the amount of money a customer is willing to spend on a business before leaving. The more a customer buys from you, the more money you make. Peter Drucker said, “The purpose of a business is to create and keep a customer.” This is the total summation of what CLV means.
Customer Lifetime Value helps you to increase revenue without acquiring new customers. Marketing metrics reported that there is a 5-20% probability that you will sell your product or service to a new customer, but the chance of selling to an existing customer is about 60-70%.
The formula for calculating your Customer Lifetime Value is:
Average Transaction + Annual Purchase Frequency + Expected Years of Relationship = Customer Lifetime Value.
Knowing your Customer Lifetime Value (CLV) will help you make important decisions about sales, marketing, customer support, and product development.
You can use Customer Lifetime Value as a metric to create lookalike audiences on Facebook that target only your best customers.
Custom Audiences Common questions
Here are some common questions about Custom Audiences:
1. What is Facebook Custom Audiences’ privacy?
If you want to use the Facebook Custom Audiences tool, you must follow the applicable terms. Two of their policies are:
- Show people the origin of the audience information. This is especially useful if you are uploading a customer file. According to consent-based marketing regulations, you need to indicate where you got the information.
- Ensure you have permission to use and share people’s data.
Check out this Facebook article to learn more.
Additionally, we’ve gone over GDPR and Facebook regulations in another article. Since privacy laws are changing, it’s definitely worth reading.
2. Do Facebook Custom Audiences auto-update?
Yes. Custom Audiences tool updates automatically by syncing information from your website. It selects the data according to the rules specified for website users. For example, if you set a rule to include people who visited your website in the last 30 days, it will automatically add people who have been on your website in the previous 30 days.
If the audiences come from your CRM or Email software, their data needs to be updated by manually downloading and uploading CSV files. However, you can automatically sync your CRM or Email software with your Facebook account through LeadsBridge’s Custom Audiences Sync tool to avoid errors and waste time in manual updating. In addition, this process ensures that the leads in your customers’ files are seamlessly and instantly synced to your custom audiences, while reducing the possibility of data points mismatch.
3. What is the Facebook Custom Audiences minimum size?
The Facebook Custom Audiences minimum number of users is 100.
Facebook Custom Audiences Success Stories with LeadsBridge
1. Hyperbits Music
Hyperbits Music is a music school that deals with technical and creative aspects of music production. They created Facebook Ads using a Custom Audience through LeadsBridge to help generate interest in their brand and services.
The ad generated multiple qualified leads at a lower cost per lead.
2. Turners Automotive Group
Turners Automotive Group is noted as the largest used car network in New Zealand. They worked with LeadsBridge to create Facebook Ads (using Custom Audiences) to deliver cost-effective lead generation.
The ad brought in +25% leads with -95% cost per lead.
5 ways large companies can benefit from Custom Audiences Sync
Each segment is addressed with a campaign that triggers the right buying impulses at the right time.
However, many Marketing Departments still operate by uploading CSV files on Facebook to create Custom Audiences. Timing and accuracy are crucial to taking advantage of the available data and running effective retargeting campaigns.
The information must flow freely from the CRM database to the Facebook Ads Manager. That can be a problem, especially for large companies with strong hierarchic environments and several managers whose responsibilities often overlap.
Here are five ways large companies can benefit from Custom Audiences Sync despite their structural challenges.
1. Create your campaigns faster by avoiding manual work
Close collaboration among several departments is required to develop a robust retargeting strategy. However, coordinating the work among departments already takes a lot of effort. This leaves little room for repetitive, manual work.
Since effective retargeting campaigns depend entirely upon constantly updated CSV files, they need to be synced on the Facebook Ads Manager quite often. The best way to avoid manual upload is through marketing automation.
By bridging the CRM with the Facebook Manager account, the information is updated automatically in the Custom Audience on Facebook once a new subscriber enters a particular CRM segmentation or a specific stage in the buying cycle.
Once a bridge is set, it won’t require further operations. Instead, it keeps the work flowing and collaboration between departments efficient.
2. Create instant retargeting campaigns with updated CA
Building a retargeting strategy that grows sales needs to be updated with the latest data.
For omnichannel retailers such as Adidas or Nike, the database of leads, customers, and segments is rearranged by the minute.
Once or twice a week intervals can result in a loss in sales, marketing budget, and customer satisfaction. For instance, if some leads become customers, they keep receiving ads as if they were still leads.
For maximizing your marketing precision, it is better to update the audience more frequently. Ideally, three or four times a day.
This task is impossible to be carried out manually. Not only is it overwhelming, but it could create interference between responsibilities of CRM Managers and Advertising Planners, which adds an extra layer of friction in the process.
Having the Custom Audiences updated as often as every 6 hours with the latest data helps maintain a high-quality shopping experience and increase profit margin.
3. Reduce the possibility of data points mismatch
Another aspect of retargeting campaigns that is often overlooked is the need to upload the customers’ information precisely and in the format that Facebook requires.
To create a CSV file manually, you need to gather the data, sort them out in the proper columns, extract the data file, and upload it on Facebook. However, some CRMs like f.e. HubSpot provide the native option, allowing you to extract CSV files that are ready to be uploaded.
When sorting the files, the file format needs to be consistent, and the margin for error is close to zero. For decreasing the mismatching rate, it is best to access the data straight from their value fields in the CRM using an API script.
By enabling companies to increase matching rate precision, the API script function is to keep the Custom Audiences clean at all times for effective retargeting campaigns.
4. Keep your ads’ relevance score high
Sometimes, to maximize the efficiency and quality of retargeting campaigns, advertisers can work the opposite way by excluding certain Custom Audiences instead of addressing specific segments of customers.
For example, when creating retargeting campaigns for website visitors, it’s possible to tell Facebook to exclude all of the email contacts of those who have already completed a purchase and have been registered in the CRM. This technique is implemented by copying a snippet of code (pixel) on the website page confirming the transaction.
This feature allows showing ads to people who visited the website but are not registered in the CRM. Additionally, it prevents flooding customers who have already converted with further ads by keeping the Relevance Score high.
The Relevance Score is an indicator of ad performance. Usually, a higher score is associated with lower overall costs and higher reach per dollar spent.
In other words, having strong Relevance Scores allows advertisers to enjoy lower costs and more effective ad distribution.
5. Keep your LTV based Lookalike Audiences relevant
Lookalike audiences are one of Facebook’s targeting options. They are audiences that share similar traits and interests to customers or leads who already had some interaction with a business, and they can lead to a growth in sales by 15%.
Implementing Lookalike Audiences in retargeting campaigns has become even more lucrative, following Facebook’s recent release of a new LA version to target potential buyers in terms of LTV (LifeTime Value).
Replacing the information about the usual identifiers such as name, email, and phone number, with the ideal client data in terms of spending over time, Facebook can reach a more qualitative audience.
Again, for all the reasons already listed above, you must regularly and automatically updated so the Lookalike Audiences are relevant and effective.
Facebook Custom Audiences is a perfect tool for all businesses.
This tool operates even better when combined with cold campaigns. Besides higher efficiency, it lets you blend a retargeting campaign with a cold campaign.
It can boost your leads and sales by targeting people who are likely to convert and drive traffic to both your online and offline stores through retargeting. In addition, if you have an app for your business, it will help to increase installs.
To maximize the Custom Audiences tool performance, create different audiences using different time frames to see your audience size- for example, 30, 45, and 90 days.
If you are not tech-savvy, you can set up your Facebook Custom Audiences using our Custom Audiences Sync tool. It takes off the stress of uploading and updating data and creating the Custom Audience.
Also, if you run a company with massive databases, use custom audiences to run retargeting campaigns, increase profit margin, and provide a better shopping experience.
Moreover, advertising campaigns that are too large cannot be carried out manually. Therefore, marketing automation becomes an essential component of the company’s retargeting success. With LeadsBridge integrations, you can easily integrate Facebook’s Custom Audience with the rest of your marketing stack. This way, you can keep your lead data updated in real-time. With just a few clicks, you can connect Facebook’s Custom Audience to your CRM, and never worry about it again. Sign up today, or request a demo to test out our tool for yourself.