Saturday, 23 November 2024
27.3 C
Singapore

Meta introduces an innovative “Engaged View” attribution option for video ads

Meta introduces "Engaged View" for video ads, revolutionizing performance measurement with a focus on delayed user actions and conversions.

Social media giant Meta, the parent company of Facebook and Instagram, has launched a game-changing feature for advertisers known as “Engaged View.” This groundbreaking addition to Meta’s advertising toolbox is set to transform how video ad performance is assessed, particularly concerning delayed user actions.

Understanding the Engaged View Attribution

Essentially, Engaged View attribution centres on capturing conversions after a viewer engages with a video ad. Unlike traditional metrics prioritising immediate actions, such as clicking on the ad, this novel approach considers actions taken within one day of watching at least 10 seconds (or 97%) of the video ad.

To illustrate this concept, consider the case of Sharon, an Instagram Stories user. Sharon stumbles upon a video ad promoting an on-demand yoga class. Instead of swiftly skipping to the following , she watches the ad for more than 10 seconds. The following day, Sharon decides to sign up for the yoga class, a decision directly influenced by the video ad she had seen. In this scenario, the conversion — Sharon signing up for the yoga class — is attributed to the campaign as an “engaged-view” conversion.

Unlocking deeper insights for advertisers

Meta’s adoption of Engaged View attribution is driven by a desire to offer advertisers more comprehensive response reporting. This feature empowers advertisers to understand better how their video ad campaigns impact user behaviour over time, extending beyond immediate clicks and interactions.

By considering delayed responses, advertisers can more effectively connect the dots between their ad spending and actual results. This holistic approach to measurement allows marketers to optimise their video ad campaigns with greater precision.

The challenge of evolving ad tracking

Meta has been actively working to enhance conversion tracking, particularly in the realm of video ads. The increasing popularity of in-stream video content has emphasised the need for more advanced tracking capabilities.

However, acknowledging the challenges posed by external factors, such as ‘s iOS tracking changes, is crucial. These changes have indeed impacted Meta’s tracking capabilities. Nevertheless, Meta remains steadfast in its commitment to providing advertisers with valuable insights and tools to enhance their ad performance.

Embracing innovation in ad performance measurement

In an environment where digital advertising is becoming progressively intricate, Meta’s introduction of Engaged View attribution exemplifies its dedication to innovation. Advertisers continually seek ways to comprehend their campaigns’ effectiveness better and allocate their budgets more efficiently.

By embracing this new measurement approach, advertisers can anticipate more accurate and actionable insights into their ad performance, ultimately leading to improved campaign optimisation and enhanced returns on investment.

What is next?

In a world where digital advertising is becoming increasingly complex, Meta’s Engaged View attribution option offers advertisers a fresh perspective on performance measurement. This innovative feature accounts for delayed user actions and provides a more comprehensive understanding of how video ads influence conversions over time.

As advertisers navigate the changing landscape of online advertising, Meta’s commitment to enhancing tracking and measurement capabilities is a valuable resource. Engaged View is poised to become an essential tool in advertisers’ arsenals, helping them make data-driven decisions and maximise the impact of their video ad campaigns.

Hot this week

Fantasian Neo Dimension launches on consoles this December

Bandai Namco and Square Enix announced Fantasian Neo Dimension for consoles, which will launch on December 5. Pre-orders are open now.

Samsung tipped to launch Gemini-powered XR glasses in late 2025

Samsung’s XR glasses, powered by AI and Snapdragon AR1 Gen 1, are expected to launch in late 2025. They blend smart features with lightweight design.

Qualcomm is upbeat about the future with the Trump administration and forecasts robust chip sales growth

Qualcomm forecasts US$22B in chip sales growth, expands in auto and PC sectors, and expresses confidence in US-China business ties under Trump.

18 states challenge SEC over crypto regulation enforcement

18 US states filed a lawsuit challenging the SEC’s authority over crypto regulation, seeking state-level control. The legal battle could reshape oversight.

Splunk launches advanced observability and security solutions for Microsoft Azure customers

Splunk and Microsoft launch native solutions on Azure, enhancing digital transformation with AI-powered observability and security tools.

Anglo-Chinese School students win top prize in Samsung Solve for Tomorrow 2024

Anglo-Chinese School students win Samsung Solve for Tomorrow 2024 with innovative smart glasses for the hearing impaired. Other projects celebrated.

DXC Technology and ServiceNow partner to accelerate generative AI adoption for businesses

DXC Technology partners with ServiceNow to fast-track generative AI adoption through a new Centre of Excellence, combining industry expertise and AI solutions.

Avenir CRYPTO unveils US$500 million initiative to lead global crypto innovation

Avenir CRYPTO’s US$500M initiative tackles market fragmentation and boosts crypto trading innovation at its flagship event in Singapore.

New STEM foundation launched at Expand Space to inspire youth in underserved communities

Expand Space 2024 launches a new STEM Foundation to empower underserved youth with hands-on opportunities in Deep Tech, robotics, and AI.

Related Articles

Popular Categories