How to create lookalike audiences based on your socially active audience

Social Media Marketing Published: November 29, 2016
How to create lookalike audiences based on your socially active audience

Do you use Facebook ads?

If so, then you’re most likely aware of the recent updates to Custom Audiences.

Facebook allows you to segment your audience based on already available data, making it easier for you to target the right people with the right ads. There are three types of audiences that you can build ads for:

  • Contact Audience: These are people who have already shown an interest in your company or product via your website, app, and Facebook, or they can be people who are already your customers.
  • Lookalike Audience: These are new individuals who share characteristics similar to those you already care about and are interested in your company or product. You can base the lookalike audience on different sources, such as people who have engaged with your content or visited your website.
  • Saved Audience: This includes people you commonly targeted in the past. You can choose your ideal audience’s demographics, interests, and behaviors and save them for when you want to create future ads.

Lookalike audiences: The best of custom audiences for B2B

As a B2B marketer, the Lookalike audience feature gives you the most power to reach your ideal audience, including people who aren’t socially active with your company/product but have similar characteristics to those who are very socially active.

A “socially active” person is someone who frequently clicks and engages with your content on any of your social networks (be it Facebook, LinkedIn, or Twitter). 

An important thing to remember is that a “socially active” individual does not necessarily have to be someone who visited your website. They could even click on a third-party link (curated article) you posted. If that person goes from your social account to the third-party link, they still engage with your content.

On Facebook Ads Manager, you can build a Lookalike Audience segment that reflects the behavior of your socially active audience members. This way, you’re tapping into a much larger audience segment by understanding your originally small audience group.

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One of the biggest advantages of the lookalike feature is that the people you’re reaching are more likely to convert and become customers later. Therefore, you can have immediate access to potential customers and bring them into the funnel through sponsored content that appeals to their interests and behaviors.

But how is this technically possible?

Using a B2B social media management platform like Oktopost, you can gather data on your socially active audience (regardless of whether they visited your website or a third-party site). This triggers the Facebook pixel and allows you to retarget these audiences later on with specific adverts. Did I lose you?

Let’s take a look at the following example:

Tom goes to your LinkedIn page and clicks on a curated article you posted, which directs him to CNN.com. You think you lost Tom, but in fact, since you used Oktopost to share this article, it automatically triggered the Facebook pixel placed on your LinkedIn page. This means that Facebook now has information on Tom’s social activity, and you can use this information to retarget Tom with relevant ads. If the article Tom originally took an interest in was about a new BI tool, then the ad you place in front of him can be a case study or even a webinar demonstrating this BI tool.

Note that the Facebook pixel can be located on any of your website pages.

Are you ready to do smart retargeting?

How do I create a Lookalike Audience based on my socially-active audience

First, you need to build an audience segment that is “socially active.” You can do this by following these steps:

  1. Inside Facebook Ads Manager, go to your Audiences
  2. Click Create Audiences and select Custom Audience from the dropdown menu 
  3. Click “website traffic.”
  4. Inside this window, make sure the Website traffic option is on “Custom combination.”
  5. Under the Include section, change the URL to Event, and select Social Click.  
  6. Type your website domain inside the box
  7. You can choose the last 30 days
  8. Give your audience a name: Socially-active audience
  9. Finally, click Create Audience

Once you’ve created this audience, you’re ready to create a Lookalike Audience based on your socially-active audience:

  1. Inside Audiences, click Create Audience
  2. Select Lookalike Audience
  3. Choose your source: Socially Active (30 days)
  4. Choose the country where you’d like to find a similar set of people
  5. Use the slider to select your desired audience size.
    Note from Facebook: You need at least 100 people in your source customer group to create a Lookalike Audience. The more people in your customer group, the more accurately we can find others who look like them.
  6. Finally, click Create Audience.

If you’re an Oktopost user, you have the opportunity to reach the people who are likely to care about your product. By capturing the audiences that click on any of your social links, regardless of network, you can use this data to segment and create specific Lookalike Audiences inside Facebook for better and more intelligent retargeting.

Frequently Asked Questions

What are Facebook Lookalike Audiences and why are they effective for B2B marketers?

Facebook Lookalike Audiences are new individuals who share characteristics similar to your existing customers or those interested in your company. For B2B marketers, they offer significant power to reach ideal audiences who might not be directly engaging with your website but exhibit similar social behaviors to your highly engaged prospects. This feature allows B2B companies to expand their reach to potential customers who are more likely to convert, efficiently bringing them into the sales funnel through targeted sponsored content.

How can B2B marketers track and retarget individuals who engage with content on social media, even third-party links?

B2B marketers can track and retarget individuals who engage with their content across social networks, even if they click on third-party links, by leveraging a B2B social media management platform like Oktopost. When Oktopost is used to share content, it automatically triggers the Facebook pixel, gathering data on the user's social activity. This allows businesses to create specific Custom Audiences based on this engagement data and subsequently retarget these individuals with highly relevant ads, regardless of whether they visited the company's website directly.

What defines a 'socially active' audience for B2B Facebook advertising, and how is it utilized?

A 'socially active' person in B2B Facebook advertising is someone who frequently clicks and engages with your content on any of your social networks, including Facebook, LinkedIn, or Twitter. This definition extends beyond website visitors, encompassing those who interact with third-party links you've posted. This 'socially active' audience segment can then be used as a source to build a Facebook Lookalike Audience, enabling B2B marketers to target a much larger group of potential customers who share similar engagement patterns.

What are the core advantages of using Lookalike Audiences for B2B customer acquisition and funnel entry?

Using Lookalike Audiences for B2B customer acquisition offers several core advantages. It allows businesses to tap into a much larger audience segment by mirroring the characteristics of their existing engaged users. The people reached via Lookalike Audiences are generally more likely to convert and become customers, providing immediate access to potential leads. This enables marketers to bring new prospects into the funnel through sponsored content that directly appeals to their interests and behaviors, leading to more efficient and smarter retargeting.

What is the technical process to create a Facebook Lookalike Audience based on socially active B2B prospects?

To create a Facebook Lookalike Audience from socially active B2B prospects, first build a custom audience segment: In Facebook Ads Manager, create a Custom Audience from 'website traffic', setting the option to 'Custom combination'. Change the URL to 'Event' and select 'Social Click', inputting your website domain and choosing a timeframe (e.g., 30 days). Name this 'Socially-active audience'. Once created, proceed to make a Lookalike Audience by selecting this 'Socially Active' audience as your source, choosing your target country, and adjusting the desired audience size. Note that a source audience of at least 100 people is required.

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