In an effort to help get more marketing companies on Facebook and to help promote their companies, Facebook debuted the Lift API, a way that will help advertising agencies find out who is looking at their client’s advertisements and create studies to help boost sales and awareness.
The program was announced in January of 2015, and since then has had over 1,000 businesses using the program. Facebook is also testing new ways that will help advertising agencies understand which ads people saw or clicked on the most or least. This helps businesses know which products are going to be a better sell, and help marketing companies know which products to push.
What Does It Do?
Lift API helps companies keep track of who is looking at the companies and what demographic is interested in the product. It will let marketing companies, advertising agencies, the Facebook partners and other third party partners create their own life studies for conversion rates. Kind of a creepy way of letting people that you don’t know know what you want, but this will help companies know what you want to see.
Social Media Benefits
Other social media platforms besides Facebook have helped marketing companies and advertising agencies reach out to the consumer directly. Facebook helps focus on engagement with the consumer, by studying “likes” and views. Social media creates a loyalty to the business directly with likes and follows. Advertising agencies can also post direct content and updated content on social media, helping the consumer be up to date on what is happening within the company.
Advertising on social media is very inexpensive, and has become a popular way to share information. Facebook makes things easier for marketing companies and advertising agencies, and with Lift API, they’re making it easier to help businesses grow.