In a few weeks, Facebook will introduce a feature within its ads management platform that will allow marketers to see exactly how their Pages’ fans are responding to their ads.
The new feature — “Action Measurement” — will appear as a column and pie chart in Facebook’s Ads Manager and will help marketers tailor ads for relevant consumers.
“This isn’t just an analytics feature; it’s an optimization feature,” David Baser, product manager for Facebook’s Page Insights, told Mashable ahead of Wednesday’s announcement.
Traditionally, marketers use Facebook’s Ads Manager to create ads, target them to specific demographics and measure the performance of a campaign. With the new feature, marketers will be able to dive deeper into user-engagement data and go beyond the typical stats regarding inline actions.
The actions that Facebook will measure and that marketers will be able to optimize are:
People talking about this (includes Page likes, Page post likes, Page post shares, comments, @ mentions, check-ins, photo tags, offers shared, offers claimed)
App installs
App used
Credit spend events (number of times someone uses credits in the app)
Credit spend amount (value of credits that were spent in the app)
Number of RSVPs
Take a museum’s brand page, for example. A museum can run a campaign touting its Facebook app tab where people can buy museum tickets. In the past, Baser says, that museum could see how many clicks the ad got, but with the Actions data, the museum will see how many people used the app as well.
SEE ALSO: Facebook Ad Engagement Down 8% in U.S.
Stats about actions will be available for marketers to review in 1-day, 7-day or 28-day increments.
Google on Wednesday also introduced a plan, dubbed Brand Activate, to measure online advertising that it hopes will become the industry standard.
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