Are Facebook Ads still relevant in 2023? | Good Commerce (2024)

Short answer: Yes.

Long answer: Facebookadvertising is still essential for businesses. Marketing your ads on Facebook gives your brand the opportunity to put its best ad content in front of 2.95 billion people.

Facebook is still the king of social media, followed by Youtube with 2.5 billion users, WhatsApp with 2 billion monthly active users, and Instagram with 2 billion monthly users.

If you were to choose a single platform to focus your advertising efforts on, Facebook is a very good bet.

What are Facebook ads?

Facebook allows businesses to run ads (in the form of image, video, and carousel posts) that appear in the Facebook feed and Messenger app.

These ads are paid for by the business, and campaigns can be budgeted a variety of ways, including:

  • Overall spend
  • Daily spend
  • Cost per views or clicks.

Facebook ads will appear to users who may not follow your business’s page, allowing you to reach a wider range of people. But who sees ads, and how does Facebook determine which users to show your ads to?

Targeting

The biggest benefit of Facebook ads, aside from the massive user base living on the platform, is Facebook’s detailed targeting capabilities.

By using data collected from its users, Facebook is able to put ads in front of people who are more likely on average to care about a business’s product or service based on age, location, career, and a host of other categories.

For instance, an in-person naturopath clinic in Vancouver wouldn’t want ads shown in Toronto. That business would want ads displayed to people living locally to optimize the chance of potential customers seeing the ad and converting.

As a business owner, you know your audience best. Facebook allows you to have a tremendous amount of control over who sees your ads by letting you choose your targeted categories.

Keys to success with Facebook ads

It’s not all about targeting! Just throwing an ad up on Facebook isn’t enough. You need to make sure you’re putting out excellent ad content in order to get users' attention and give them a reason to convert.

In 2023, the best Facebook ads are ads that blend seamlessly into the rest of the posts on the feed. Polished advertisem*nts are no longer performing as well as informal, authentic-feeling TikTok style posts.

The caption of your ad shouldn’t be overlooked either. Themost successful ads on Facebook have an eye-catching title with a built-in hook that pushes viewers to want to learn more. The body text of your ad should be engaging, relevant, and shed light on the product or service offered in the ad.

You’ll also need a call to action that directs viewers on the next step they should take after viewing your ad, whether that’s “Book now”, “Register now”, “Shop”, or simply “Learn more”.

To wrap this up, Facebook’s ability to target users with precision keeps it a cut above the rest of the competition in 2023. The key to success with Facebook ads right now is to create authentic ads that look like regular posts on the feed.

Not sure where to start with Facebook advertising? Good Commerce is here to help!

We create tailored Facebook ad campaigns that boost conversions and drive proven results for our clients. From content creation, to copywriting, to SEO and implementation, we’ll take care of every step of the process so you can focus on preparing for your influx of new customers.

Have a Facebook ads campaign that isn’t yielding the results you want? We can help with that too. We’ll analyze your current ad strategy and offer personalized recommendations on how to improve results.

Go ahead and scroll down to the bottom of this blog page to book a free discovery call with our team!

Are Facebook Ads still relevant in 2023? | Good Commerce (2024)

FAQs

Are Facebook Ads still relevant in 2023? | Good Commerce? ›

Short answer: Yes. Long answer: Facebook advertising is still essential for businesses.

Are Facebook ads still effective in 2023? ›

The short answer is yes. Many factors are at play that determine whether you will get good returns from your ads. These range from your business type, industry, bidding strategy, ad formats, and ad creative, competitor activity, and even the time of year or season.

Are Facebook ads still relevant? ›

So if you are looking for the short answer here, it's yes. Facebook is still an extremely relevant platform and we recommend that you keep Facebook as a big part of your strategy.

What type of content performs best on Facebook 2023? ›

What type of content is best for Facebook? Facebook is a visual platform. Posts with images and video tend to perform the best, so make sure you're not just sharing your own content.

How to run successful Facebook ads in 2023? ›

  1. Set Up A Conversion Funnel. ...
  2. Create Realistic Buyer Personas. ...
  3. Segment Your Audience To Make Relevant Offers. ...
  4. 4. Facebook Pixel. ...
  5. 1. Facebook Ads + Google Ads = A Match Made in Heaven. ...
  6. 2. Facebook Ads + Content Marketing. ...
  7. Use Facebook Mobile Ads + Instagram Ads. ...
  8. Run A Free Giveaway Campaign.

Is Facebook losing popularity 2023? ›

Three quarters of its daily active users are outside the United States, Canada and Europe. And while Facebook lost 1 million users in Europe between 2021 and 2023, and recorded "only" 10 million new registrations in the US and Canada, the platform gained 172 million users elsewhere in the world over the same period.

What happened to Facebook marketplace 2023? ›

Starting on January 30, 2023, Meta will no longer support the ability for all sellers to create vehicle and real estate/rentals listings using a Facebook business Page, along with the vehicles tab and manage inventory tab in markets where this feature is currently available.

What are the Facebook advertising trends in 2024? ›

Not only that, but you can also rapidly build authority and credibility for your products by creating high-quality, authentic content. That said, the top Facebook ad trend for 2024 is that influencer marketing will be adopted by many more Facebook advertisers, from punchy small businesses to global corporations.

Why is Facebook Marketplace gone in 2024? ›

News: In 2024, users of Facebook Marketplace experienced difficulties accessing the platform due to a range of issues such as safety verifications, age restrictions, and geographic limitations. Consequently, violating the rules set by Facebook could result in account blocks.

Why do my Facebook ads keep getting rejected 2023? ›

Here are some common causes for Facebook ad rejection: Violating Facebook's Advertising Policies. Low-Quality or Misleading Content. Unacceptable Targeting or Audience Selection.

Why am I seeing so many ads on Facebook all of a sudden 2023? ›

You may be seeing more ads on Facebook all of a sudden because of ad retargeting. Facebook will use your browsing history from other websites to give you more relevant ads.

Why are my Facebook ads not delivering 2023? ›

Your Facebook ad is not delivering because it hasn't been approved or because your settings are too restrictive. Another reason why your ad might not be delivering is that your bid cap is too low. Other times, poor scheduling and limited budgets can keep your ads inactive.

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