The document outlines 7 reasons why Facebook ads may not be converting including targeting the wrong people, using the wrong message or ad types for the audience, having too broad of targeting, pitching sales to cold audiences, having low relevance scores, and misaligned landing pages. It provides tips for each reason on how to improve conversions such as targeting current customers and retargeting, using a funnel marketing approach, aligning ad types with audience preferences, tighter targeting, saving sales pitches for retargeting, improving relevance scores through tighter targeting and impactful ads, and designing landing pages with social proof and objections.