Why Is This Beneficial?
Analysing competitor Facebook ads helps business owners understand the tactics their competitors use to attract customers. By identifying successful strategies, you can adjust your own campaigns, optimise your ad creatives, and stay competitive. This process also reveals opportunities to differentiate your brand by offering unique selling points or identifying gaps in competitor messaging.
Instructions to Analyse Competitor Facebook Ads
1. Visit the Facebook Ad Library:
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- Go to Facebook Ad Library.
2. Select Country:
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- Choose the relevant country where your competitors are running ads.
3. Search for Competitor’s Page:
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- Enter the name of your competitor’s Facebook page in the search bar.
4. View Active Ads:
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- Once their page appears, click on it to view all active ads they’re running across Facebook and Instagram.
5. Analyse Ad Copy & Visuals:
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- Pay attention to the headlines, descriptions, and calls to action. Note the types of visuals (images or videos) used and their overall messaging.
6. Check Targeting Strategies:
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- Although Facebook won’t show detailed targeting, look at the location, ad format (carousel, single image, etc.), and whether the ads are tailored for specific demographics.
7. Track Ad Length & Versions:
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- See how long certain ads have been running. Ads that have been live for a long time might indicate success, while frequent changes could signal A/B testing or lower performance.
8. Note Special Offers or Promotions:
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- Identify any promotions, discounts, or limited-time offers your competitors are using to attract customers.
How to Utilise This Insight:
- Adapt Successful Strategies: If you see ads performing well (based on longevity), consider applying similar techniques.
- Improve Targeting & Messaging: Use competitor ads as inspiration to refine your own copy, targeting, and offers.
- Monitor Trends: Stay updated with seasonal promotions or new product launches competitors are advertising, and react quickly.