- Jan 7, 2025
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1. Audience Data
- Age, gender, location: Helps you define the right target.
- Interests & behaviors: Important for selecting the right interests in targeting.
- Custom audiences & lookalikes: Useful for retargeting and expanding reach with similar audiences.
2. Ad Performance Metrics
| Metric | Meaning |
|---|---|
| CPM (Cost per 1,000 Impressions) | The cost to show your ad 1,000 times – lower is better |
| CPC (Cost per Click) | The cost for each click – reflects how attractive your ad is |
| CTR (Click-Through Rate) | The ratio of clicks to impressions – high CTR means your ad is engaging |
| CR (Conversion Rate) | The percentage of users who convert – tracked outside Facebook |
| ROAS (Return on Ad Spend) | Revenue divided by ad spend – indicates profitability |
- Set up Facebook Pixel or Conversion API to collect data such as:
- ViewContent
- AddToCart
- InitiateCheckout
- Purchase
- These help with:
- Conversion optimization (ODAX)
- Creating custom audiences
- Tracking performance in detail