When it comes to online advertising, Facebook & Google are two big players.
In this short tutorial, we will understand what Meta Ads is & the benefits of advertising on Facebook.
This is the first tutorial in this series, i.e. Meta Ads 101. In upcoming tutorials, we will discuss more topics including types of Facebook ads, ad formats & how to run Meta ads for your business.
Alright, let’s start by knowing what exactly is Meta advertising or Facebook ads.
Please note that, a lot of times I might use the word Meta Ads & Facebook Ads interchangeably as Meta Ads is earlier known as Facebook Ads.
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What is Meta Ads?
Meta advertising (earlier Facebook advertising) refers to promoting your brand, product or services on all the platforms owned by Meta & other partner platforms.
The major platforms that Meta owns are: Facebook, Instagram, WhatsApp & Threads.
As of now, Meta uses Facebook, Instagram & other partnered platforms for advertising.
In simple terms, Meta (the parent company) has developed a tool (called Meta Ads) through which people can promote their businesses on Facebook, Instagram, etc. & the overall process is called Meta advertising.
Throughout this series of articles on my blog, you will understand what Meta Ads is & how you can promote your business on Facebook, Instagram & other Meta partnered platforms.
Why should you advertise on Facebook?
With over 3.5 billion monthly active users, Meta is one of the largest advertising platforms. Not only this, but this user base is growing rapidly.
Even if you look at the statistics, the cumulative growth of users increases from 2.5 billion in 2018 to 3.8 billion in 2023.
No doubt, Facebook is an awesome platform when it comes to advertising your brand.
Apart from a larger user base, there are many other things that make Facebook one of the best advertising platforms.
Below is the list!
1. Targeted Advertising
Facebook allows businesses to target an audience based on their interests, demographics, behaviours & location.
Targeting these parameters makes it quite easy to find your ideal audience that is most likely to buy your product or services.
So, you don’t have to waste your money showing your ads to people who might not be interested.
2. Cost Effective
Compared to traditional advertising & many other online advertising platforms, Facebook ads are cost effective. While using Facebook ads, you have full control over your budget.
You can even set daily or lifetime spending limits. Additionally, you can optimise your ads to reach your desired objectives, such as website visits, conversions, or app instals.
3. Customizable Ad Formats
Facebook offers a range of ad formats, including image, video, carousel, and more.
You have the freedom to choose the format that best suits your marketing goals and create visually appealing ads to capture the attention of your target audience.
4. Easy to Track
It is quite easy to track your performance over Facebook ads as the platform itself provides robust analytics tools.
Using Facebook’s analytics, you can track key metrics like: reach, impressions, clicks, conversions, and return on investment (ROI).
Have you ever wondered how you get the ad of the product on Instagram that you have searched for on Amazon?
Well, this is called retargeting.
Facebook Ads allow you to retarget those customers who have visited your website or mobile app.
What is Facebook Advertising?
Facebook Advertising is a form of online advertising where businesses and individuals can promote their products, services, or content on the Facebook platforms.
How do Facebook Ads work?
Facebook Ads work by targeting specific audiences based on their demographics, interests, and behaviours.
What are the benefits of using Facebook Ads?
There are several benefits of using Facebook ads like you can target your audience, use ad formats of your choice, measure results & even retarget existing & similar audiences.
How can I get started with Facebook Ads?
To get started with Facebook Ads, you need to create a Facebook Business Manager account and set up an ad account. From there, you can create your ad campaigns & launch them.
Can I use Facebook Ads for any type of business?
Yes, Facebook Ads can be beneficial for most types of businesses, regardless of their size or industry.
Whether you have an online store, a local business, or a service-based company, Facebook Ads can help you reach and engage with your target audience effectively.
In this short tutorial, we have learned what Facebook advertising is & the benefits of running facebook ads for your business.
In the next tutorial, I will share the Facebook ads formats that you can use on Meta platforms.
If you have any concerns regarding this first introductory tutorial on Facebook ads, please feel free to leave a comment.