Facebook advertising is an effective way to connect with your followers or audiences worldwide. Facebook algorithm changes rapidly making it a challenge for marketers to connect with their customers organically. The micro-targeting features on Facebook will allow you to connect with your follower who is most likely interested in your business or brand. Through Facebook advertising, you can reach the potential audiences under your budget to increase your conversion rate and business ROI (Return on Investment).
If you are new to Facebook advertising, it is advisable to understand the different Facebook advertising types and targeting methods to get the best results. The following are the various types of Facebook advertising:
- Image Ads, Video Ads.
- Carousel Ads
- Slideshow Ads
- Instant experience Ads
- Lead Ads, Collection Ads
- Dynamic Ads
- Messenger Ads, Stories Ads
- Augmented Reality Ads
To advertise on Facebook, you need to create a Facebook business page. Marketers can create their Facebook advertising campaign through Facebook Ads Manager or Facebook business manager. Plan a specific strategy that will be the right fit for your business.
- Choose your objective.
- Name your marketing campaign.
- Set up your Facebook advertising account.
- Target your audience.
- Choose Facebook advertising placements.
- Set your budget, schedule, create your Facebook advertising.
Recent Updates In Facebook Advertising
Social media marketing is the fast-paced advertising system where every user needs to pay attention to various updates and features to stand out of the curve. Facebook advertising algorithm is ever-changing in the world of social media advertising and still tops the number one platform when compared to other giant social media channels like Twitter, Snapchat, YouTube, TikTok, and so on.
Facebook Will Delay Prosecuting Limit On The Number Of Ads
Facebook is pushing back its decision on limiting the number of advertising posts on each page at the same time. The purpose of this update is to help high volume advertisers not to overload content to the point of being ineffective. The update is delayed to provide users with more time to adopt ad volume. Facebook suggests marketers monitor their high volume advertisements with the help of both Ad volume API and Learning Phase API.
Ads Status Tool To Monitor Outages
Lately, Facebook advertising manager reported with bugs and now Facebook finally added a new Facebook advertising status page which allows buyers to check if there is any problem or issue with the platform and displays exactly what areas are being affected. This status tool creates transparency about the Facebook Ads platform. It also notifies major changes across metrics such as amount spent, impressions, cost per result, and ads reach.
Ads Reporting Tool Makes Tracking Easier
Facebook updates a new reporting tool where advertisers can measure campaign performance. The following are the new Facebook report changes:
Cross account reporting: The cross-account reporting or custom metrics will help marketers to understand campaign performance to improve advertising strategy
Conversion paths: This gives insights into conversion paths to understand the most frequent conversion path across various channels and devices.
The Working Of Updated Facebook Advertising Algorithm
To create a better advertising strategy it is important to understand how the Facebook algorithm is changing. The changes to the Facebook algorithm focus more on friends and it might reduce inventory and increases the cost of Facebook advertising. Facebook algorithm ranks posts on users news feed based on their positive reactions depending on four factors, such as:
- The inventory of possible content.
- Predictions on how each audience will react to the content.
- Signals that tell what the posts are.
- The final grade based on the content.
These algorithm updates will give more meaningful interactions to Facebook users from friends, marketers, or a brand. Also, advertisers will have little control over how users interact, the signals over the content to find whether they are passive or active. The active metrics include engaging activities. The better results would marketers gain as the content promotes more meaningful interactions.
Some of the other Facebook advertising algorithm updates or trends are:
- Facebook sets news deadlines for marketers to comply with the new requirements for employment Ads, Housing, and so on.
- Facebook creates a search for ads to be available for all advertisers.
- Facebook creates story Ads with the ability to communicate in Messenger.
- Facebook creates multiple text options for advertising.
- The news tab will not include Facebook ads.
- Facebook is testing ads in the group’s tab.
- Facebook changes the maximum number of ads pages.