âĄÂ Better reporting = better results! Here’s an update from my rep on how FB is evolving their tracking to allow better understanding of your campaigns.
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We recognize that the way people interact with businesses is becoming increasingly omni-channel.
A person can see an ad on mobile, click to view content on mobile, then complete the purchase transaction on web or offline or sometimes both.
To help you better measure business outcomes across this complex path to purchase, next month, we’ll introduce eight new standard events that are designed to provide an omni-channel view of actions taken across web, app and offline.
Specifically, we’ll be adding the following standard events: Contact, CustomizeProduct, Donate, FindLocation, Subscribe, Schedule, StartTrial and SubmitApplication.
The new events will standardize conversion events across web, mobile, offline, and on-Facebook to help you better track and measure across all of these channels.
âĄÂ Starting September 10, we’ll be rolling out these new events globally in phases and will also be introducing the following changes to ads reporting:
â Â Simplifying the âCustomize Columnâ selector in Ads Manager
â Â Introducing new omni-channel metrics for standard events (existing and new) and custom events
â Â Replacing channel-specific âCost perâ metrics for omni-channel âCost Perâ metrics (e.g. replacing âCost per Mobile App Purchaseâ with âCost per Purchaseâ)
â Â Removing metrics that we don’t believe accurately reflect business outcome measurement, such as engagement metrics (e.g. âCost per commentâ) and composite metrics (e.g. âWebsite conversionsâ which simply combines totals from individual conversion metrics)
âĄÂ We are providing you with advanced notice of these changes to help ensure a seamless transition to these omni-channel metrics. In addition, please note the following:
â Â When possible, we will automatically update reporting to the new metrics being replaced to reduce implementation workload
â Â Most of the metrics being replaced can still be calculated manually (you can refer to the Help Center link below for details)
â Â All individual channel âCost perâ metrics being replaced will be accessible via Reports Builder through October 23
All metrics being replaced and/or removed will be accessible via API v3.1 until July 2019.
David Schloss is the founder of Convert ROI, a highly successful digital advertising agency focusing exclusively on Facebook and Instagram ads platform. His expertise is behind the psychology of running high yielding Facebook Advertising Campaigns whether that is through his fully managed private client work, consulting, intensive training events or keynote speaking.
