Meta Enhances AI Ad Targeting with New Control Options
Meta is rolling out new AI-powered ad controls, providing advertisers with greater control over campaign objectives and optimization. These updates aim to improve return on ad spend (ROAS) and streamline the ad creation process.
Value Optimization for Enhanced Performance
Meta's new Value Optimization parameters allow advertisers to define campaign goals based on specific outcomes. This includes optimizing for:
- ROAS: Focus on maximizing return from ad spend rather than reach.
- Profit Margins: Advertisers can share profit data via the Conversions API, enabling Meta's system to prioritize higher-margin sales.
- Non-Purchase Events: Optimize for valuable actions like first purchases or subscriptions.
These variable sales targets, not solely based on unit price, guide Meta's AI towards optimal outcomes for each brand.
Advanced Attribution and Value Rules
Meta is expanding these qualifiers to incremental and multi-touch attribution. Advertisers can share more granular click-level data through integrations with partners like Adobe Advertising, Northbeam, Rockerbox, and Triple Whale. This enables access to a new Custom Attribution feature, incorporating external measurement insights into optimization.
We are now offering the ability for advertisers to share more granular click-level attribution information with Meta (e.g., was an individual click ultimately credited with a conversion) via Analytics integrations...This will enable advertisers access to test a new Custom Attribution feature over the next year.
Additionally, expanded "Value Rules" allow assigning higher value to specific customer types within Ads Manager.
An advertiser who knows that a certain age group is typically more likely to be a repeat purchaser could create a rule that would have them bid more for these customers.
Human Refinement for AI-Powered Ads
These updates represent human refinements to Meta's AI ad systems, providing crucial context for aligning ads with the right audience. While Meta aims to fully automate ad creation, human input remains essential for optimal performance.
These refinements allow advertisers to provide guidance based on external factors that AI cannot yet independently extract. This expertise in refining AI targeting will be crucial for maximizing ad effectiveness.
While Meta is likely developing systems to extract this information directly from CRM systems, these processes currently require human guidance to ensure optimal business outcomes.