Mashable: To Regain Advertiser Trust, Facebook is Tracking Ads by the Millisecond

Facebook is tracking ads by the millisecond to regain advertiser trust and improve data accuracy.

Read the original at 1851 Franchise
Mashable: To Regain Advertiser Trust, Facebook is Tracking Ads by the Millisecond

TL;DR

Facebook is tracking ads by the millisecond to regain advertiser trust and improve data accuracy. The company has been working to improve its data after overselling a key metric related to video quantification.

The social media giant is taking big steps towards increasing trust amongst advertisers. Advertising via social media is relatively new, and Facebook has been the one paving the way. As the company has made some faux pas here and there in terms of providing truly representative data for advertisers, it’s now looking to improve that information by providing millisecond data, meaning how long someone watches a video via its platforms, Facebook and Instagram.

The Wall Street Journal reported last fall that Facebook had oversold a key metric in the way in which it quantified videos. Since then, Facebook has been doing everything it can to win back the trust which was lost when this was revealed.

"What I would tell you is we are not going to be perfect," Carolyn Everson, Facebook's VP of global market solutions, told Mashable last November. "What we are going to strive to be is as accurate as possible and fully committed to being transparent if we find things and certainly as we update our metrics."

In this story

This story was originally published in 1851 Franchise on February 10, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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