Use Facebook Advertisement for Market Analysis for Free

Facebook collects data about our lives and interests and uses it for business purpose. It sells this data to companies for statistics and marketing. No wonder Facebook has become an advertisebook today. We have somehow managed to use this data provided by Facebook for our own Marketing analysis. 

I was viewing the Facebook advertising page to promote the facebook page of Code Nirvana. I realized that one can analyse the market of a particular country / countries/ worldwide population for their selfish business reasons for free. This is a very helpful tool for people who have a business idea and want to know what percent of population will be their market. Hence help them understand the market better.


Step 1: Go to your Facebook page and click promote (located at the top right corner)
A new box will open up. In the lower right corner of this box click the settings icon and open advanced option.
Step 2: Scroll down to the Audience Section and specify the interests and the Location you're interested in.

Now, as you can see, By changing Location, Age group, Particular interests, Broad Categories one can answer questions like:

How many people in India like Pink floyd  (The answer is 740,000) 

This might be helpful for a musician who wishes to create progressive rock music inspired by pink floyd!

This easy technique will give you almost God like powers! "Shine on you Crazy Entrepreneur", Know everything about your market. You can surely say: "Did you know that 100% of people who read posts on MTH Pakistan Return Back to read more!" to your friends or foes now... 

So, Kindly keep reading our posts and share them.