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Target ROAS (Return on Ad Spend) is a bidding strategy on Facebook that allows advertisers to optimize their campaigns for a specific revenue-to-ad-spend ratio. By setting a target ROAS, advertisers instruct Facebook to prioritize ad delivery to audiences most likely to generate the desired return.
This strategy is ideal for businesses aiming to maximize revenue while maintaining a specific level of profitability. Facebook uses historical data and machine learning to help achieve the set target efficiently.
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