{"id":3593,"date":"2019-07-30T12:31:09","date_gmt":"2019-07-30T19:31:09","guid":{"rendered":"https:\/\/3.14.248.234\/?p=3593"},"modified":"2022-05-25T17:14:47","modified_gmt":"2022-05-26T00:14:47","slug":"10-ways-youre-not-using-custom-audiences","status":"publish","type":"post","link":"https:\/\/bamf.com\/10-ways-youre-not-using-custom-audiences\/","title":{"rendered":"10 Ways You’re Not Using Custom Audiences"},"content":{"rendered":"
Do you use Facebook Custom Audiences? If yes, then how many types do you use?<\/strong><\/p>\n\n\n\n One of the biggest mistakes Facebook marketers make is not using the many types of Facebook audiences to zero in on their targeting. Many Facebook marketers sync their entire email list to Facebook, then never create more granular custom audiences. Big mistake.<\/span> Customer lifetime value (CLV) is one of the most important metrics for understanding your customers. CLV gives you the data to understand how much money you should spend on acquiring customers, how to offer products and services tailored to your best customers, and how much you should invest to retain a customer. The best part is that the number of Internet users<\/a> is growing rapidly year-over-year and that just means more customers.<\/span> Did you know you can create a retargeting audience from people who view your Facebook live video? As someone who makes several live videos a week, I couldn\u2019t wait to take advantage of this feature. I don\u2019t have a\u00a0<\/span>huge email list<\/span><\/i>, but the <\/span>Facebook live video gives me a\u00a0huge remarketing audience\u00a0because people love my videos. Have a big social media presence, but a small email list? You\u2019re in luck.<\/span> If you\u2019re sending cold emails with low response rates, then try warming them up first with a custom audience of their emails. I suggest optimizing your ads for impressions and using ads with humor and a sense of awe to develop a more friend-level emotional rapport with them.<\/span> A prospect withdraws from your onboarding process. They made it through the first several steps of investing their time in required tutorials, but then stopped halfway through.<\/span> Did you know using hyper-local copy when targeting hyper-local prospects can double your opt-in rates? It\u2019s that effective.<\/span> How many customers do you have who act as evangelists by referring others? If you use referral links or forms to identify your top referring customers, then you have a resulting list made of gold.<\/span>
If you\u2019re new to implementing custom audiences, then check out AdEspresso\u2019s guide to getting <\/span>started with them<\/span><\/a>. When you\u2019re ready for liftoff, it\u2019s time to get hyper-targeted with the remarkable possibilities of Facebook Custom Audiences.<\/span>
Here are ten of them:<\/span><\/p>\n\n\n\n1. Create a Lookalike of Your Customers with the Highest CLV<\/strong><\/h5>\n\n\n\n
Do you have a list of your customers with the highest lifetime value? If not, here\u2019s the foundation for calculating lifetime value:<\/span>
(Average Value of a Sale) X (Number of Repeat Transactions) X (Average Retention Time in Months or Years for a Typical Customer) farne un grafico<\/span>
For example, the value of an Autopilot customer who spend $40 every months for three years would be: $40 X 12 X 3 = $1,440 (or $480\/year)
The first step to creating this custom audience is to apply the Pareto Principle, 20% of the customers create 80% of the revenue. In turn, take your top 20% of customers with the highest CLV and upload their emails into Facebook to create a new custom audience. Now, create a Lookalike Audience from this custom audience.
This Lookalike Audience should convert far better than taking the easy route by uploading all your customers’ emails to create it.<\/span>
After all, who doesn\u2019t want more of their best customers?<\/span><\/i><\/p>\n\n\n\n2. Facebook Live Video<\/strong><\/h5>\n\n\n\n
Here\u2019s how you do it:
Go into your Ads Manager, then click on the section, Audiences. Next, click on Custom Audience, then select Engagement on Facebook.
Now, select Video.
You\u2019ll have an option to select people to target based on how many seconds or percentage of the video they watched. From here, you\u2019ll have a list of videos to choose.
In only a minute, you\u2019re targeting people who\u2019ve engaged with your live content. Talk about low-hanging fruit.<\/span><\/p>\n\n\n\n3. Target Your LinkedIn Connections<\/strong><\/h5>\n\n\n\n
You can export your LinkedIn connections’ email addresses and import them into Facebook as a custom audience. Go to your LinkedIn homepage, then click on My Network and select Connections.<\/span>
From here, click on the gear icon on the right-hand side. You\u2019ll now have the option to Export LinkedIn Connections.<\/span>
If you have the new LinkedIn UI, you can still download your connections by going to Settings & Privacy. Next click on Account, then select \u201cGetting an archive of your data\u201d to export the emails of your connections. <\/span>
I suggest this tactic if you\u2019re active on LinkedIn – engaging with others, publishing status updates, and posts – and have connections comprised of prospects. This tactic will help lower your CPA only if your LinkedIn connections already have several touchpoints with you whether in-person to online. Their emotional rapport will make them more likely to convert into leads and customers.<\/span><\/p>\n\n\n\n4. Warm-Up Outbound Email<\/strong><\/h5>\n\n\n\n
Don\u2019t be surprised if you see a significant increase in reply rates. You can even get crafty with your personalized messaging including a call-to-action to reply to your emails.<\/span><\/p>\n\n\n\n5. Target Prospects who Withdrew from Your Onboarding Process<\/strong><\/h5>\n\n\n\n
It\u2019s time to trigger a Facebook ad. Tools including <\/span>Driftrock<\/span><\/a> and <\/span>Autopilot<\/span><\/a> can help you do this using automation. Two types of ads you can target at them include a video containing the last tutorial they left off on or a video hyping up their next onboarding step.<\/span>
Here\u2019s an example:<\/span>
<\/p>\n\n\n\n6. Create Custom Audiences Based on Locality<\/strong><\/h5>\n\n\n\n
Most people have a strong affinity for the city they live in<\/span>, so if you reference their city in an ad, landing page, or offer page, you\u2019ll often see a noticeable upright swing in conversions.<\/span>
If you can find the top cities where your customers reside, then you can create custom audiences specific to the cities. This hyper-local ad I created targeted at hyper-local prospects went viral and was featured in <\/span>Inc. Magazine<\/span><\/a> because of its high engagement levels. Don\u2019t underestimate the influence of mentioning someone\u2019s city in your copy.<\/span>
<\/p>\n\n\n\n7. Target Customers Who Refer the Most People<\/strong><\/h5>\n\n\n\n
How do you entertain and stay relevant to these customers with Facebook ads?<\/span>
Here are several ways:<\/span>
1. Use a Facebook ad focused on engagement to remind them how much you cherish their relationships.<\/span>
2. Show the epic story how of your company came to be using a Facebook ad.<\/span>
3. Use a Facebook ad focused on highlighting your company\u2019s culture.<\/span><\/p>\n\n\n\n8. Target Your Leads and Customers with the Most Twitter Followers<\/strong><\/h5>\n\n\n\n