Facebook Taps Third-Party Data Firms To Target Customers

Facebook on Wednesday announced it will begin allowing marketers to work with third-party data providers to better target ads through its Custom Audiences tool for retargeting existing customers on the site by uploading their email address or phone numbers.

Datalogix, Epsilon, Acxiom and BlueKai are the outside data providers Facebook will let marketers partner with to run Custom Audiences ads. Businesses that already work with any of these companies can now use the same information they’ve used elsewhere to create campaigns on Facebook.

Facebook said it would also work with the data companies to create pre-defined categories on Facebook such as “soda drinkers” or “auto-intenders.”

Regarding privacy, the social network noted the four new data partners would use the same matching process Custom Audiences already employs to protect personal information exchanged between Facebook, marketers or third parties. Facebook hashes the user information, meaning that it encrypts the data in a secure way that can’t be decrypted to maintain user privacy.

Since the launch of Custom Audiences in September, Facebook and its ad partners have reported promising results with the feature. During the company’s fourth-quarter conference call, for example, Facebook COO Sheryl Sandberg noted that online shopping site JackThreads had a 30% lower customer acquisition cost using Custom Audiences than other platforms and saw six times return on advertising spend.

"We believe the extension of custom audiences to include select third parties will further improve marketers' ability to reach the right customers on Facebook and will lead to more relevant ads. We will be rolling out these enhancements over the coming weeks, starting with marketers in the U.S.," stated a Facebook blog post today.

 

Tags: facebook
Recommend (1) Print RSS
  • FTC Calls For New Privacy Laws In Report On 'Internet Of Things'

    The potential privacy risks posed by the “Internet of Things,” or devices that connect with each other over the Web, is spurring the Federal Trade Commission to reiterate its calls for new legislation. “Although the Commission currently has authority to take action against some IoT-related practices, it cannot mandate certain ...
  • White House To Unveil Privacy 'Bill Of Rights'

    The White House will unveil a proposed privacy “bill of rights” by the end of next month, President Obama said on Monday. The measure will set out “basic baseline protections across industries,” Obama said. He signaled that the bill will limit companies' ability to collect data from consumers without their consent. ...
  • BabyBus Suspended From Google Play After FTC Warns Of Children's Privacy Violations

    The popular BabyBus apps appear to violate children's privacy laws, the Federal Trade Commission warns in a letter to the Chinese-based developer of the apps. “Several of your apps appear to collect precise geolocation information that is transmitted to third parties, including advertising networks and/or analytics companies,” Maneesha Mithal, associate ...
  • Judge Pauses Dispute Between Google And Miss. AG

    Google won't have to face any potential lawsuits by Mississippi Attorney General Jim Hood until at least next year, under an order issued on Monday by U.S. District Court Judge Henry Wingate in Jackson, Miss. Wingate said in the order that he was pausing all proceedings in the dispute between ...
  • Mississippi Attorney General Seeks Temporary Truce With Google

    Mississippi Attorney General Jim Hood said on Friday that he wants to pause an escalating dispute with Google regarding the company's search results. “I am calling a time out, so that cooler heads may prevail,” he said in a statement issued on Friday. Hood's statement came several hours after Google ...
  • Google Seeks Restraining Order Against Mississippi Attorney General

    Google on Friday asked a federal judge to prohibit Mississippi Attorney General Jim Hood from following through on a threat to sue the company for enabling Web users to access “illegal” content. Google also is asking for an injunction prohibiting Hood from enforcing a subpoena demanding information relating to outside ...
  • Deutsch L.A. Settles FTC Charges That Employees Posed As Consumers On Twitter

    Deutsch L.A. engaged in a deceptive practice with an ad campaign that involved asking employees to promote Sony's PlayStation Vita on Twitter, the Federal Trade Commission alleged in a complaint unveiled on Tuesday. The resulting Twitter posts, which ran in 2012 and carried the hashtag #gamechanger, allegedly didn't indicate they ...
  • Aereo Declares Bankruptcy

    Online video distributor Aereo, which suspended operations three days after its Supreme Court defeat in June, said on Friday that it filed for bankrputcy. CEO Chet Kanojia says in a post on the company's blog that the move “will permit Aereo to maximize the value of its business and assets ...
  • Tom Noble Moves From BMW Australia To Oversee Mini U.S.A. Marketing .

    Mini U.S.A. has tapped Tom Noble, a marketer at BMW Australia, as department head, Mini Brand Communications. Noble, who will handle all brand positioning duties for Mini in the U.S. at the company's U.S. headquarters in Woodcliff Lake, N.J., replaces Tom Salkowsky, who was shifted overseas to be department head, ...
  • Sources: Steve Shannon Out As Top Hyundai Motor America Marketer

    Sources close to the company say Steve Shannon, VP marketing, is departing Hyundai Motor America. No confirmation from HMA or Shannon just yet. The General Motors alumnus, who tied up his 25 years at GM as marketing chief at Cadillac, was hired by the Orange Country, CA-based marketer in 2011. ...
>> Raw Archives