In digital advertising, targeting the right audience is crucial for achieving a lower cost per click (CPC) and higher conversion rates. One way to do this is by using custom in-market audiences. Custom in-market audiences allow you to target users actively researching and shopping for products or services in a specific category and reach potential customers who are most likely to make a purchase. This blog post will cover everything you need about custom in-market audiences and how to use them to decrease your CPC.
Tips & Tricks
Custom in-market audiences are a way to reach potential customers actively researching and shopping for products or services in a specific category. This can be done by creating custom targeting options on advertising platforms such as Google Ads, Facebook Ads, and more. Understanding the interests and behaviour of your target audience can help you create more effective ad campaigns. For example, if your target audience is in-market for a new car, you should include visuals of cars and car-related topics in your ad creative.
Now that we understand the importance of custom in-market audiences, let’s review how to set them up in your ad campaigns. Setting up custom in-market audiences is accessible on most advertising platforms. You can select specific categories to target your audience based on their interests and behaviours. You can also use other targeting options, such as location and demographics, to reach your ideal audience.
Measuring the impact of custom in-market audiences on CPC is crucial for making adjustments and improving your campaigns. Key metrics include CPC, conversion rate, and click-through rate (CTR). Analysing this data will help you understand which categories are performing the best and where you need to make adjustments.
To get the most out of custom in-market audiences, it’s essential to keep a few best practices in mind. Researching and choosing relevant categories for targeting is crucial. This includes identifying which types your target audience is most interested in and what products or services your target audience is searching for. Custom in-market audiences and other targeting options, such as location and demographics, can help you reach your ideal audience more effectively. Furthermore, adjusting custom in-market audiences for different campaign objectives can ensure that your ads get the right people at the right time.
Custom in-market audiences are a powerful tool that can help you reach potential customers who are actively researching and shopping for products or services in a specific category. By understanding the different types, setting up targeting in your ad campaigns, measuring the impact, and keeping best practices in mind, you can optimise your ad campaigns and achieve a lower CPC while maintaining a reasonable conversion rate. Remember, the custom in-market audience is a continuous process, and it’s essential to keep testing and experimenting with different categories to see what works best for your campaigns.
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