Here are four ways to create a Custom Audience:
The first requirement of the Ad Set is for you to identify the
type of people whom you want to serve your ads to. Again, even
though Facebook has a massive audience, you cannot just show your
ads to everybody
Audience: Identifying who you want to see your ads
Each campaign objective has a very specific target audience. This means that your target audience will depend heavily on what your advertising goal is. The more specific your target audience is, the more effective your campaign will be.
Location, age, and gender are essential targeting criteria which
are fundamentals in the 'Audience' form. However, the versatility
of Ads Manager allows you to craft who you want to serve your ads
to based on the following: Custom Audience Targeting You can create
a Custom Audience based on the people who already have interactions
with your online store, whether it's inside or outside of
Facebook.