The Facebook Pixel is probably the most versatile of all the fantastic resources Facebook has developed for advertisers.
The pixel helps you screen how effective your Facebook ads are in terms of clicks and helps to build personalized viewers based on site traffic. Anyone that uses Facebook Ads should have the pixel installed without even thinking twice about it.
Pixels are used on almost every advertisement channel. They’re used to set a cookie that tracks visits to the website to target them with advertisements later. Sequential retargeting is the term for this. When you advertise to previous website users, you can use the Facebook Pixel to watch their actions when they return.
Image source: https://fivechannels.com/wp-content/uploads/Everything-You-Need-to-Know-About-Facebook-Pixel-1200×675.jpg
What do Facebook pixels do?
The Facebook pixel is an analytical tool that lets you monitor how people interact with your website to determine how successful your ads are. You may use the pixel to ensure that suitable viewers see the advertisement.
How Does A Facebook Pixel Work?
Facebook used to have converted pixels for measuring page conversions, including purchases and a target client pixel for conversion tracking of website users. You could generate multiple conversion pixels—one for each website page you need to monitor conversions on—while each ad profile only has one personalized audience pixel.
While Facebook pixels can be confusing, they significantly improve the effectiveness of Facebook ads. They do not only tell you who you’re selling to, but they also give you a clearer idea of how well your Facebook advertisements are doing. Overall, you can use them to improve the effectiveness of your messaging, resulting in a higher return on your promotional dollars.
Simplified Work Process Of A Facebook Pixel
Facebook made this step more manageable in 2015 by launching a single Facebook Pixel to substitute the earlier ones, making it the only tracker pixel you’ll ever need. In 2017, the Facebook Pixel was changed once again to make Facebook ads smoother and more accurate. More data was gathered, such as button press operation and website details. It works in six simple steps:
- Install: Adding a snippet of monitoring code to your website is the first step.
- Gather information: You’ll start seeing statistics about the web users, such as where they came from, what device they’re using, and other survey details.
- Review: Examine how visitors interact with the platform, such as when they visit a particular product page or add something to their cart.
- Select audience: Build Facebook Custom Audiences, specific audience, and advertisements targeted to particular users using the pixels’ data.
- Structured bidding: To spend your money wisely, use the lowest cost bid approach to target customers who are willing to take a specific action—for example, purchasing a product.
- Review events: Examine conversion events to determine the most effective Facebook ad marketing strategy.
How to use the Facebook pixel?
The latest Facebook Pixel has five main features that will help you get a decent return on your investment:
Audiences Explicitly Selected For The Website
Facebook uses Custom Audiences from your sites to help you reach the target website traffic. Suppose you have the Facebook Pixel installed on your page. In that case, it will trace the activities of any users who are also signed into Facebook.
The pixel can keep track of things like:
- What sites do users visit?
- What is the most common page that a person would not visit?
- Time of user’s visit to a website
- Depth of scrolling
- Spending time on the website
You may advertise to particular groups of people using this information. You may also use this information to build lookalike markets and target buyers who are more likely to purchase your goods. It’s also a good idea to remove specific categories, so you don’t have to target people who have already migrated or aren’t really active.
Custom Audiences can be generated from the website depending on which sites they accessed or did not visit and when they visited. You have the option of selecting a timeframe of one to 180 days.
Image source: https://blog-assets.hootsuite.com/wp-content/uploads/2018/09/Facebook-Custom-Audiences-1-620×412.png
Advertisements do not build audiences. Once you’ve built an audience, you can decide when and how to promote it. You may also leave it to work its way for later use.
Personalized Conversions
The freedom to make personalized conversions in the same way as you can build Custom Audiences is one of the most exciting features of the Facebook Pixel. By choosing a completion page and giving the conversion a name, you can make a personalized conversion. Typically, the thank-you page follows the end page.
Consider the following scenario:
- Thank you for your purchase. Your shipment is on the way to you.
- Thank you for registering. We’ll get you your first email as soon as possible.
- Thank you for your input. Here’s where you can get your free download link.
You may also specify the conversion type and an expected value. You may add the cost of the eBook in a custom conversion that records visits to an eBook download page. This feature will assist you in determining whether or not your ad campaigns are effective. If you charge $20 for your eBook but pay $25 for any purchase made by Facebook advertising, you should rethink your strategy.
When it comes to Facebook advertisements, the curious thing about personalized conversions is that if you make one, it will be monitored with all of your ads, whether you want to customize for it or not.
All of your personalized conversions are kept track of at all times. You can generate a chart for all of your Facebook ads that shows the conversion rate for all of your customized conversions at any time.
Customized and standard events
When anyone visits the site and takes action, the Facebook Pixel records it as an event. The pixel can be used to register two different kinds of events:
- Facebook accepts a standard event or predefined behaviour for all ad items.
- Custom events are activities that aren’t protected by Facebook and are given a name.
Parameters are available for standard events, allowing you to provide extra details about the event, such as:
- Category IDs for Products
- The number of items bought
- Type of content
- Benefit of conversion
Instead of tracking all sites, say you want to watch events like scroll depth from a particular category on your page. You can classify audiences depending on their conversion-related behaviours on your platform. In this way, any Custom Audiences you generate can be further defined.
Custom conversions must be linked to a URL (usually for a thank you or finishing page), but custom events do not. Conversions could perhaps be monitored by inserting an extra snippet of code into the desired tab. Custom events are often used to gather more information than a regular event would.
Ads That Change Over Time
You can use the Facebook Pixel to run dynamic advertisements if you have an e-commerce account. These commercials, known as catalogue sales in your ad account, feature items from your catalogue depending on your target demographic.
Image source: https://mk0adespressoj4m2p68.kinstacdn.com/wp-content/uploads/2019/07/Facebook-Dynamic-Product-Ads.png
Specific advertising focused on particular pages viewed, and activities taken may not be the most effective solution if the company has thousands of items. Instead, you can build interactive ad models that change depending on what a prospective customer does.
Optimization of conversions
You can’t optimize conversions if you don’t use normal events or personalized conversions to track events on your site. You can optimize traffic, connection clicks, and video views, but those metrics don’t necessarily equate to increased revenue.
When you set up the pixel, Facebook learns what a conversion is for your company and can show advertisements to users who are more likely to convert.
Image source: https://andrewhubbard.co/wp-content/uploads/2016/12/Optimize_for_a_Conversion.png
Get The Most From Facebook Pixel
You can use the Facebook Pixel to make the most out of your social media advertising dollars. You can calculate, refine, and create highly targeted markets for your ad campaigns with only one line of code, resulting in more sales, profit, and ROI for your product.
How Can You Get A Facebook Pixel?
Following these six steps would allow you to create a Facebook Pixel:
- In your Facebook Ads Manager account, go to Events Manager.
- Pick Website from the Link Data Sources drop-down menu.
- Click Connect after selecting Facebook Pixel.
- Give your pixel a name.
- To see what configuration options are available, enter your website’s URL.
- Continue by pressing the Enter key.
Conclusion
And after you’ve given them a front-end discount, you have many options for Facebook ads to connect and drive visitors. The Facebook Pixel provides you with the information you need to better target your ads to new clients in the future. The analytics tool gives you a lot of information about your customers, helps you target marketing to people interested in your brand, and improves the overall effectiveness of your marketing campaigns. Seriously, tap into pixel goodness for the sake of your brand!
References:
https://www.shopify.com/blog/facebook-ads
https://www.facebook.com/business/learn/facebook-ads-pixel
https://www.facebook.com/business/help/742478679120153?id=1205376682832142
https://www.oberlo.com/ebooks/get-sales-dropshipping/remarketing-retargeting
