Barclays analysts discovered that Meta targets users over 45 with more ads because of their greater purchasing power. Internal documents from Meta’s antitrust trial revealed that Facebook’s ad load—the number of ads shown—is highest for older demographics. Users aged 45-54 see the most ads (22%), followed by those 55+ and 35-44. Younger users, especially teens (13-17), see far fewer ads (just 4.3%).

The reason? Meta’s ad systems prioritize users more likely to spend. Older audiences, with higher disposable income, engage more with ads, making them more valuable to advertisers. Since 2021, Meta has reduced ads for younger users, possibly due to competition from TikTok or the shift to Stories and Reels, where ad formats are still evolving.

Meta’s dynamic ad technology, powered by AI models like Andromeda and Lattice, adjusts ad volume based on user behavior and demographics. This allows Meta to boost ad revenue without increasing overall ad load—showing the right ads to the right people. Analysts call this shift a key bullish trend, proving Meta can maximize profits by targeting high-value users rather than flooding feeds.

While Meta emphasizes attracting younger audiences, its business strategy clearly prioritizes the demographics that drive revenue.
