Facebook has added new measurement and information tools that are designed to make it easier for FB users to find businesses relevant to their interests, according to Adweek, while simultaneously handing those businesses an unprecedented amount of information about the customers that walk through their door.
Here’s how the system works: If you have location services enabled on your phone, Facebook will track which local ads it serves you, as well as your response to those advertisements.
If you visit a partner store after seeing an ad for the company’s products, Facebook will know it. This itself isn’t necessarily new; Google debuted a similar service back in 2014 to track whether or not ads drove foot traffic to specific businesses. What does appear to be new, however, is Facebook’s ability to track whether ads result in actual sales.
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