Reference Guide

Meta Ads Glossary

Every term you need to know for Meta advertising. Searchable and organized by category.

Showing 41 terms

3C Framework

Creative

Context + Creative Archetype + Conversion Element. Every ad must satisfy all three.

ABO (Ad Set Budget Optimization)

Campaign Types

Budget is set at the ad set level for precise control. Used in manual campaigns for testing.

Advantage+ App Campaign

Campaign Types

Automated campaign optimized for app installs and in-app events.

Advantage+ Audience

Audience

Meta’s AI-expanded audience suggestion. Recommended to enable — it starts with your suggestion but expands.

Advantage+ Creative

Creative

AI enhancements to your creative (text, music, brightness). Enable for ASC, test for manual.

Andromeda

Technical

Meta’s AI ranking system that matches ads to users. Replaced the old auction system. Creatives now define targeting.

AOV (Average Order Value)

Metrics

Average revenue per order. Critical for determining campaign structure and funnel type.

ASC (Advantage+ Shopping Campaign)

Campaign Types

Automated campaign type where Meta controls audience, placements, and creative combinations. Best for e-commerce with 50+ conversions/week.

Pro tip: You run 1-2 of these as your core scale engine.

Attribution Window

Technical

Time period for counting conversions. Default: 7-day click, 1-day view. Use 7-day click for most analysis.

Awareness

Objectives

Optimizes for reach and impressions. Rarely needed — most brands should skip this entirely and go straight to Sales.

Blended ROAS / MER (Marketing Efficiency Ratio)

Metrics

Total revenue / total marketing spend. The only ROAS number that matters at scale.

Break-even ROAS

Metrics

The ROAS at which you neither make nor lose money. Calculated from unit economics, not guessed.

Broad Targeting

Audience

No audience restrictions — let Meta find buyers using creative signals. The default recommendation for ASC.

CAPI (Conversions API)

Technical

Server-side tracking that sends conversion data directly to Meta. Essential for accurate tracking post-iOS 14.

Catalog

Technical

Product feed connected to Meta for dynamic ads. Requires structured data (title, price, image, availability).

CBO (Campaign Budget Optimization)

Campaign Types

Budget is set at campaign level and Meta distributes across ad sets. Now default in most campaign types.

CPA (Cost Per Acquisition)

Metrics

Total spend / number of conversions. Your most important efficiency metric.

CPC (Cost Per Click)

Metrics

Spend / clicks. Derived metric — focus on CPA instead.

CPM (Cost Per Mille)

Metrics

Cost per 1,000 impressions. Varies by industry, audience, and season.

Pro tip: ₹100-300 typical for India.

Creative Fatigue

Creative

When ad performance declines because the audience has seen it too many times.

Pro tip: Primary signal: rising frequency + declining CTR.

CTR (Click-Through Rate)

Metrics

Clicks / impressions × 100.

Pro tip: Benchmark: 1-2% average, 2%+ good.

Custom Audience

Audience

Audience from your data — website visitors, customer lists, engagers. Used for retargeting.

Dynamic Creative

Creative

Meta tests combinations of images, headlines, descriptions. Less recommended now — use manual creative testing.

EGC

Creative

Employee-Generated Content. Team-created content that builds trust and humanizes the brand.

Engagement

Objectives

Optimizes for likes, comments, shares. Use only for creative testing (max 10% budget). Not a scale objective.

Event Match Quality (EMQ)

Technical

Score (1-10) showing how well your CAPI data matches Meta users.

Pro tip: Aim for 6+.

Exclusion Audience

Audience

Audience to exclude (e.g., recent buyers). Use sparingly — over-exclusion limits Meta’s learning.

Frequency

Metrics

Average times each person sees your ad.

Pro tip: Watch for frequency > 3 in prospecting — signals creative fatigue.

Hook Rate

Creative

Percentage of people who watch past 3 seconds. The most important video metric — if hook fails, everything fails.

Leads

Objectives

Optimizes for lead form submissions, phone calls, or messaging conversations. Primary for service businesses.

Learning Phase

Metrics

First ~50 conversions where Meta is learning who to target. Do not edit campaigns during this phase.

Lookalike Audience

Audience

Audience similar to a source (customers, leads). Less important under Andromeda — broad often outperforms.

Manual Campaign

Campaign Types

Campaign with full advertiser control over audience, placement, and budget allocation. Used for creative testing, signal control, and retargeting.

MVB (Minimum Viable Budget)

Metrics

The minimum daily budget Meta needs to exit learning phase.

Pro tip: Formula: Target CPA × 50 / 7.

Pixel

Technical

Client-side JavaScript tracking code. Works with CAPI for redundant tracking. Both are mandatory.

Retargeting Stack

Audience

Layered retargeting combining 30-day, 60-day, 90-day, and 180-day audiences. Blended for optimal signal.

ROAS (Return on Ad Spend)

Metrics

Revenue divided by ad spend. Platform-reported ROAS is always inflated — use Blended ROAS instead.

Sales

Objectives

Optimizes for purchase events. Primary objective for e-commerce. Replaces old "Conversions" objective.

Traffic

Objectives

Optimizes for link clicks. Almost never recommended — Meta optimizes for clickers, not buyers.

UTM Parameters

Technical

URL tags for tracking traffic sources in Google Analytics. Always use consistent UTM structure.

Whitelisting

Creative

Running ads through a creator’s account instead of your brand page. Higher trust, often better performance.