Facebook ads just got more important. Here's why.
Josh Constantine of TechCrunch pointed out that Facebook Ads Can Now Be Optimized To Drive Any On-Facebook Action, Such As In-App Purchases, Shares, Offer Claims. Which is important because
Marketers don’t actually want clicks, they want the downstream conversions and the return on investment that follow.
That is absolutely true. Clicks are simply vanity metrics and don't mean much if the person who clicks isn't doing anything on your site/Facebook page after. The same goes for Facebook Likes. Who cares if you have 4,000 Likes if you're not doing anything with them?
Facebook recently updated it tracking so you can see what actions people are taking on Facebook after they click an ad. This is important as it will allow advertisers to more precisely target audiences who will take an action (rather than just click Like).
Why is this important? This gives us more data to understand what is working, what is not working and who is taking action on Facebook (and that is leading to actions in other places such as on our site as well as in store purchases). Knowing all of this info allows us to arm ourselves with solid info rather than just "being on Facebook because everyone is on there."
The full lst of actions advertisers can optimize for is below (Thanks TechCrunch and Josh):
Here’s the full list of actions advertisers can optimize for:
People talking about this
Page likes
Page post likes
Pagepost comments
Page post shares
@ 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
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