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The video explains Meta’s new Facebook Ads customer lifecycle strategy feature, which lets advertisers classify audiences as new, engaged, or existing customers and optionally focus campaigns on acquiring new customers. It shows where to find the setting in Ads Manager, how to define audience types, and how to review results by audience segment to spot if too much spend is going to existing customers. The speaker warns that excluding existing or engaged audiences can raise costs and reduce ROAS, especially for established brands, and says the feature should be used only when audience breakdowns reveal a real problem. The video also compares this approach with incremental attribution, recommends better tracking to improve Meta’s AI targeting, and ends with a brief promo for the creator’s training community and another Meta feature video.Key Information
- Meta has rolled out a new Facebook Ads feature called customer lifecycle strategy, designed to help advertisers distinguish between new audiences, engaged audiences, and existing customers.
- The feature is meant to address a common problem where ad budgets are wasted showing ads to existing customers instead of acquiring new ones.
- Users can review audience segment breakdowns in Ads Manager to see how many purchases came from new, existing, or engaged audiences.
- To use the feature effectively, advertisers need properly defined custom audiences such as website visitors, email lists, social engagers, and customer lists.
- Meta recently expanded customer matching and custom audience lookback windows, including purchase-based audiences extending from 180 to 730 days.
- The customer lifecycle strategy offers options like 'acquire new customers' and 'get conversions from all audiences,' with the new-customer option often increasing cost per result but potentially improving growth.
- Meta does not automatically exclude engaged audiences unless advertisers manually set exclusions, and the default behavior may still target previous buyers.
- The speaker recommends being cautious: excluding existing customers can reduce ROAS and disrupt delivery, especially for established brands with many returning customers.
- An alternative approach is incremental attribution, which aims to count only truly incremental conversions and ignore purchases that would likely have happened anyway.
- The speaker also promotes Hyros as an attribution solution that claims better tracking, better Meta data, and improved ad ROI, along with a discount offer.
- Overall, the advice is to use the new lifecycle strategy only when you have a specific existing-customer targeting problem and understand the tradeoff between growth and short-term performance metrics.
Timeline Analysis
Content Keywords
Facebook Ads customer lifecycle strategy
Explains Meta's new Facebook Ads feature that lets advertisers define customer lifecycle strategy by separating new audiences, engaged audiences, and existing customers. The feature helps reduce wasted spend on existing customers and focus more on acquiring new customers when needed.
Audience segments breakdown
Shows how to use Ads Manager breakdown by audience segments to analyze purchases, frequency, and cost per result across new, engaged, and existing audiences. This helps identify whether ads are over-serving current customers.
Acquire new customers
Describes switching the default optimization from 'get conversions from all audiences' to 'acquire new customers' so Meta prioritizes prospecting. It can improve market expansion, though it may increase cost per result.
Custom audience exclusions
Covers manually excluding existing customers and other defined audiences in the targeting section using custom audience exclusions. This is presented as an alternative to customer lifecycle strategy, though it can disrupt delivery and reduce ROAS.
Incremental attribution
Explains Meta's incremental attribution option, which aims to count only conversions that were caused by ads rather than purchases that would have happened anyway. It is positioned as a way to improve measurement and distinguish incremental results from non-incremental ones.
Meta tracking and AI targeting
Discusses how poor tracking can lead to bad AI targeting and inaccurate reporting in Meta ads. The script mentions attribution issues, the importance of correct data, and how better tracking can improve ad ROI.
Hyros AI swarm data
Promotes Hyros as a tracking and attribution solution that sends better data to Meta, helping improve targeting and reduce customer acquisition costs. It is framed as a tool for fixing tracking gaps and boosting ad ROI.
Meta One
Mentions Meta One as another new Meta feature with major implications for advertisers and organic Facebook/Instagram marketing. It is recommended as a related topic to check out.
Related questions&answers
What is Meta's new Facebook Ads feature mentioned in the video?
Where do you find the customer lifecycle strategy in Meta Ads Manager?
What problem is this feature designed to solve?
What are the three audience categories Meta uses in this feature?
How do you define engaged and existing audiences in Meta?
Should you use the 'acquire new customers' option by default?
What happens if you select 'acquire new customers'?
Does Meta automatically exclude all existing customers when you choose this option?
How can you check whether your ad account is spending too much on existing customers?
What does Meta show if you have not set up audience definitions?
Why might existing customer tracking be imperfect?
How far back can purchase-based custom audiences now go?
What is the alternative to the customer lifecycle strategy mentioned in the video?
How does incremental attribution differ from the customer lifecycle strategy?
Why might ROAS drop if you exclude existing customers?
What kind of businesses are most likely to have problems with this feature?
What is the downside of excluding existing customers from targeting?
What is the safer way to exclude customers if you really need to?
Why does the speaker recommend being cautious with this feature?
What is the main takeaway about using the customer lifecycle strategy?
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