On Wednesday March 3rd, Facebook and Omniture announced a new platform for businesses utilizing Facebook as a promotional medium. By joining forces, the two companies can provide marketers using the increasingly prevalent advertising and social medium with the ability to analyze its impact. The two companies will begin by automating the media buying process and then allow companies to better analyze their viewership with a handful metrics. Ultimately, Omniture will help companies utilizing Facebook to reach specific users based on segments.
By utilizing Omniture tools such as SearchCenter Plus, interested companies can buy ads similar to those found in a more traditional SEM function. Also, other tools in the Facebook/Omniture arsenal will allow marketers to identify and reward their loyal customers from a comprehensive dashboard.
The prominence of Facebook as a marketing channel shouldn’t be surprising since it is now the second most utilized online service below Google with 133 million users. By achieving the number two spot, advertisers are typically confident of the ROI they can expect by investing money into Facebook as a marketing channel. Now, with the improved analytics, it might be easier to extract incremental marketing dollars from the C-Suite by flashing some strong preliminary numbers.
