You wanted it? Facebook made it. The social network recently released a new advertising tool, Reach & Frequency, which makes it possible to accurately estimate the budget needed to be allocated to your ad campaign in order to achieve a particular coverage percentage of your target audience. After having determined your market, your target and the broadcast period, Reach & Frequency allows you to adjust the coverage percentage and repetition rate, similar to how this is done for other offline media. Simply move a slider based on your objectives to calculate the needed media budget to be allocated.
Having used this feature for several weeks now, our Keyade consultants are pleased to share their initial feedback and results. By allowing a purchase method with a guaranteed CPM, Reach & Frequency provides a number of benefits: a guaranteed target coverage and repetition rate regardless of ad pressures or competitors' levels of activity during the same period. Your ads receive a higher priority than "classic" CPC purchases. Furthermore, this new tool is very similar to offline media planning tools, allowing you to compare the budget to be allocated to Facebook with one or several offline media in order to obtain identical coverage/repetition combinations. It should be noted that the target audience must be over one million users.
With Reach & Frequency, Facebook is meeting an ever growing need by advertisers to measure the effectiveness of their investments. For further information, please refer to Facebook's user guide.
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