Facebook Attribution

In late October, Facebook released Facebook Attribution out of beta testing beating both Google and Amazon out of the attribution starting gate, both still in Beta.

large blue eye with rays of light coming out of it in all directions

This new free Facebook attribution tool, powered by Facebook Pixel, is designed to give marketers a more holistic view of the customer journey, both on and off Facebook. It will allow marketers to report on campaigns across Facebook, Instagram, Audience Network and Messenger and use machine learning to account for incremental conversions driven by ads across its platforms.

According to the latest CMO survey, marketers are expected to expand social media spend by 66% in the next 5 years, even though social media is perceived to make modest contributions to overall company performance. According to the report, 39.3% of business owners are still unable to show the impact social media has on business results.

Will this new tool help to close the loop between social media spend and its impact on business results? It’s definitely a good start! “Using the new data-driven attribution model, you can see how your ads on Facebook, Instagram, Audience Network and Messenger are contributing to incremental business results compared to if you were not running ads,” writes Facebook on its business blog.

This new tool will arm marketers with a better understanding of user interactions across touchpoints, fuel the data vault, and help agencies make more data driven recommendations in the social space.

Read more about Facebook Attribution on Facebook Business.

More Good Reads

Beyond Static: How Motion Design is Breathing Life into Brands

If your brand isn’t “moving,” then it’s being left behind. Motion design is as essential to your brand today as outstanding typography and just-right color palettes. Learn how animation has become a must-have for companies who want to better capture and engage their audiences amidst the noise of the digital world in the latest from one of Interrupt’s associate creative directors and motion design experts.