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Facebook Mollifys Marketers With New Data Tools

Trend Summary: Facebook has refined its ad measurement system to give marketers more accurate data about their campaigns.


Earier this week Facebook announced an expansion of its partnerships with third-party ad tech companies, promising better quality data in order to provide ...

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... marketers with a more accurate grasp of how ads on the social network compare to other media such as TV.

Facebook's focus on metrics has added significance given that it recently uncovered flaws in its data reporting to marketers, for example the serving of sometimes inaccurate numbers on elements such as video viewership.

In the wake of this trend, some of the marketing industry's biggest players have been leaning on other media owners such as YouTube, Twitter, Snapchat and Pinterest for independent verification of the data they provide.

According to  Fred Leach, Facebook's director of marketing science: "One thing we're trying to provide is more transparency around how advertisers are doing on Facebook."

Read the original unabridged AdAge.com article.

[Estimated timeframe:Q1 2017]

All data sources are attributed with links to the original insight. The insight is then summarised and, where appropriate, enhanced with additional information.

Source: AdAge.com
MTT insight URL: http://marketingtrendtracker.com/article.aspx?id=7094



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