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Lookalike Audience Modelling

Audience
01

Customer question

How can I find more people like my best customers?

02

What this solution does

You show the model your best customers, and it goes and finds more people who look statistically similar, so you're not just guessing who to target next.

Specifically, it answers: Given a set of high-value existing customers, who in a broader population shares similar characteristics and is therefore a good prospecting target?

03

How it works

A seed audience of known good customers is analysed for shared attributes, then a scoring model ranks a much larger population by similarity to that seed, producing a selectable lookalike audience at different size thresholds.

04

Data requirements

  • Seed audience of known high-value or converting customers
  • A larger reference population to score against
  • Shared attributes across both groups (demographic, behavioural, transactional)
05

Discovery questions

How is 'best customer' defined for this seed audience?

The quality of the lookalike model depends entirely on how well the seed represents the value the customer actually wants more of.

How large is the seed audience?

Very small seed audiences produce unstable, unreliable similarity models.

What similarity threshold trade-off matters most — precision or reach?

Tighter thresholds are more precise but smaller; looser thresholds scale further but dilute quality.

Which platform or data environment will the lookalike be activated in?

Determines whether a platform-native lookalike tool is sufficient or a custom model is needed.

06

Build an experiment

07

Generate synthetic data

08

Data readiness

Generate a dataset in the previous step to run readiness checks.
09

Run model / simulation

Generate a dataset first to run the model.
10

Results

Run the model in the previous step to see results here.
11–12

Business ⟷ Technical interpretation

Selecting the similarityThreshold threshold produces a lookalike audience of audienceSize people, trading some precision for reach compared to a tighter threshold.

Shown as a template — the highlighted tokens are filled in once the model has been run.

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What would you do next?

  • Test multiple threshold levels in a live campaign before committing full budget
  • Refresh the seed audience periodically to avoid model drift
14

Solution & vendor landscape

Implementation approaches

Platform-native lookalike/similar-audience toolsFirst-party data science model via a CDP or internal pipelineSpecialist audience/data vendor
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