Business and Marketing

Were targeting added to the new measurement technology, it could be a game changer, says an agency practitioner.

Strapping another retro-rocket onto its mobile marketing machine, Facebook is expected to announce a new tool at its F8 developers conference next week that will allow companies to measure ads that lead to app downloads. Apparently, the tool will be able to be employed on digital media venues beyond Facebook.

“Building a tool that allows advertisers to track installs off of Facebook is a natural next step after the launch of their Audience Network and more recently their acquisition of Atlas,” comments Molly McCarty, senior social account manager at 3Q Digital. “Many of the accounts I work on perform well because of the targeting that is possible through Facebook. If we could start applying those targeting methods to campaigns running off of Facebook, and still measure installs, this would be a game changer.”

McCarty adds, however, that she has not heard anything about targeting linked to the new tool. “It's very possible that targeting users off of Facebook will be more limited than running the ads on Facebook itself,” she says.

Business Breaking News: Facebook Users Can Soon Send Money Via Messenger

Selling on social media just got easier. Although there is still no direct way to run an online store and process transactions on Facebook, the social network will begin to let users send money using Messenger.

Facebook announced that it will be rolling out Messenger payments to U.S. users over the next few months. The new feature lets people conveniently and securely send money over the Messenger mobile app in a fast and simple way.

The best part about Messenger payments is that it's easy and absolutely free. But here's the catch — the service is designed for sending money between friends. This limitation doesn't make it ideal for large-volume online sellers, but it's a great option for those who are just starting out with e-commerce and don't mind having their customers as Facebook friends. [Facebook for Business: Everything You Need to Know]

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