From here you can view performance at the Ad Set level, and adjust ad set settings such as Targeting.
To access the Ad Set, you must select a campaign from the dropdown

Clicking Edit will take you to the editing section with has a few options:

The first panel allows you to alter Ad Set Name, Max Bid, and End Date.

Targeting allows you to adjust key targeting settings such as:

  • Gender
  • Age
  • Language
  • Location Inclusion and Exclusion
  • Over 600 other targeting options such as Interests etc.

After making changes you must click Save Ad Set

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