Lookalike Audience
Definition:
A lookalike audience is a group of users who share similar characteristics or behaviors with an existing audience, such as converters or website visitors.
Why it matters:
Lookalike audiences enable advertisers to expand their reach to new, high-potential users while maintaining targeting precision based on real data.
How it works:
Ad platforms like Meta and Google use algorithms to analyze a source audience and find users with similar profiles (demographics, interests, behavior).
Best practices:
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Use high-quality source audiences (e.g., high LTV customers)
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Test different similarity levels (1%, 5%, 10%)
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Exclude existing customers to prevent overlap