Connect Magazine March/April 2018 | Page 19

Now, let’s look at the depth of Facebook ad targeting. Here are the main categories presented when creating an ad on Facebook: • Location • Age • Gender • Language • Demographics • Interests • Behaviors GENERAL PARAMETERS: LOCATION - Ads are targeted by countries, regions, states, cities, zip codes, and addresses. Locations can be typed in, or you can drop a pin on a map. Targeting the right area for the message is essential. For example, targeting potential winter home clients? Choose cold weather locations with beautiful, sunny images of Florida. AGE - Ads can be targeted to users 18 and over to 65+. Ads can be set to a specific range, say 26 - 35 if you’re looking for first-time buyers or 55 - 65+ for active adult community opportunities. GENDER - Ads can be set for male, female, or both LANGUAGE - English is the default language for the ad, but you can choose a language for an audience you are targeting that is not common to the location you chose. DETAILED TARGETING: DEMOGRAPHICS - Reach people based on education, employment, household, and lifestyle details. These include income, net worth, homeowners, renters, type of home, relationship status, and much more. INTERESTS - Reach specific audiences by looking at their interests, activities, the Pages they’ve liked, and closely related topics. These include types of entertainment enjoyed, fitness and health choices, food and drink, hobbies and activities, shopping and fashion, sports and outdoors, and technology. BEHAVIORS - Reach people based on purchase behaviors or intents, device usage, and more. These include automobile preference, charities supported, online activities, job, television shows watched, type of mobile device, and so on. The behaviors most specific to real estate are likely to move, new mover, recent homebuyer, and recent mortgage borrower. By including or excluding the above categories, it is possible to create a detailed, highly-targeted audience for your advertisement. Let’s look at a couple of examples of Facebook audiences that could be effective for a particular type of client. Farming via Facebook Ads - effective to increase brand awareness for homeowners in a specific geographic location. Select the desired location and in the detailed targeting, select Demographics > Home > Homeownership. To target further, use Demographics > Financial > Income or Net Worth. Ads for this group could be videos, neighborhood sales, etc. Likely to Move Sellers - target Facebook users that have exhibited behaviors indicating a likelihood to move. Select the proper zip codes and in the detailed targeting section, go to Behaviors > Residential Profiles > Likely To Move. In the Demographic section, target Homeowners. A message underscoring your knowledge of the area or an offer of a CMA would be useful for this targeted audience. Facebook allows agents to save these targeted audiences, so they are easy to use again when creating another campaign. Facebook has amassed a fantastic amount of data on all of their users and makes it available to advertisers to maximize return on investment. Realtors® are capitalizing on this data and creating highly-targeted campaigns for their advertising messages. Only time will tell if Facebook advertising and its reach changes over time. In the meantime, agents interested in exploring Facebook Ads should focus on creating highly detailed audiences for each message. RPCRA.ORG | MAR/APR 2018 19