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A lookalike audience is a group of social network members who are determined as sharing characteristics with another group of members. [1] In digital advertising, it refers to a targeting tool for digital marketing, first initiated by Facebook, which helps to reach potential customers online who are likely to share similar interests and behaviors with existing customers. [2]
Facebook has developed targeting technology that allows advertisements to reach a specific audience. This is within the Facebook Ads product, available to users and businesses alike. While posting an ad through the Facebook Ad Manager , an advertiser is provided with a set of characteristics that will define their target market.
This includes country, region/state, city, metro code/zip code, organization, IP address, ISP, or other criteria. [1] A common usage of geotargeting is found in online advertising, as well as internet television with sites such as iPlayer and Hulu.
This type of advertising involves targeting different users based on their geographic location. IP addresses can signal the location of a user and can usually transfer the location through ZIP codes. [6] Locations are then stored for users in static profiles, thus advertisers can easily target these individuals based on their geographic location.
Retargeting ad campaigns usually run on lower cost media, such as display ads, which not only increases effectiveness by specifically targeting an interested audience, but also improves the overall ROI of the advertiser. [3] A common use-case of retargeting is situations where a website visitor's actions did not result in a sale or conversion. [4]
Contextual advertising (also called contextual targeting) is a form of targeted digital advertising. Contextual advertising is also called "In-Text" advertising or "In-Context" technology. Contextual targeting involves the use of linguistic factors to control the placement of advertising material.
Hypertargeting is also the ability on social network sites to target ads based on very specific criteria. This is an important step towards precision performance marketing. The first MySpace HyperTarget release offered advertisers the ability to direct their ads to 10 categories self-identified by users in their profiles, including music ...
Nonetheless, Facebook showed him ads targeting that attribute. The GDPR classifies personal data about sexuality as being sensitive, meaning it must be more tightly controlled.