In its effort to protect its users’ privacy, Facebook is focusing on data security. With the introduction of changes around access of information via their API, it’s now easier for folks on Facebook to find and manage their privacy settings. As part of the strategy, Facebook also removed some targeting options dependent on third-party data providers (i.e., Partner Categories).
The Difference with Marin
While Facebook’s changes might affect advertisers’ marketing capabilities, it won’t affect Marin’s core working processes, since we don’t rely or store any personally identifiable information for the activity on our platform.
Nevertheless, we know that Partner Categories was essential for advertisers in particular verticals. For instance, those in the automotive, financial, and insurance industries rely on targeting options available in Partner Categories to refine their campaigns by targeting specific demographic sectors unavailable in other audience settings. Without the third-party possibilities, these advertisers may see a decrease in their social account performance.
To address these issues and improve ad campaign performance, advertisers can take advantage of Marin Software’s industry-leading targeting features. This is how we do it:
Optimizing based on the source of truth
Marin Software is an open platform that allows advertisers to integrate cost and conversion data coming from third-party tracking partners such as Google Analytics, Omniture, and DCM (among many others). You can manage and optimize all of your social media campaigns towards your source of truth, resulting in better results.
Search Intent Audiences
Our advanced targeting allows you to harness search audiences on social, and retarget high-value social audiences browsing on search. This creates a high-quality audience that allows you to implement more relevant and resonant bidding and creative strategies for your core customers and prospects. For example, Le Slip Français saw a 67% increase in Facebook conversion volume after running Search Intent Audiences, plus a 241% increase on Google.
Prospecting audiences from Search Intent
Marin allows you to create lookalike audiences based on core Search Intent audiences. When people show specific intent, you can use those insights to find new audiences that share similar characteristics. Learn how a leading automotive brand maximized its lead generation with Search Intent audiences on Facebook.
With Marin Social, advertisers can create lookalike audiences with a similarity level of up to 20%—in contrast to Facebook’s 10% similarity level. While these high-similarity audiences may not be ideal for direct response campaigns, they’re very effective for top-of-funnel initiatives such as branding campaigns. With Facebook users sharing less personal info and the absence of Partner Categories, enhanced lookalikes are a great way to keep your interest-based targeting up, running, and successful.
This audience type is unique to Marin Software. It allows you to create lookalike audiences from your campaigns’ performance. With this feature, you can decide which campaigns performed the best based on your unique source of truth, whether it’s the Facebook pixel or other source. For example, Performics-Starcom used campaign lookalikes to triple its ROI.
Without a doubt, Facebook’s updates to its audience targeting solutions are game changers. Still, you can continue to drive business growth by using Marin’s valuable enhanced audiences. To learn more, request a demo today.