Meta Pixel: Accurate Data Tracking Made Easy
Introduced in 2012, the Facebook Pixel (today known as Meta Pixel) is a small snippet of code placed in the header code of your website. The header section is a universal piece of code that is accessible on all pages of your website and stores tools and information to help both developers and machines “read” your website properly.
When properly set up, each time someone does something on your website the Pixel will log their activity as an “event” and send that information to the ad account it’s connected with.
Meta Pixel offers 17 standard events. For your e-Commerce advertising strategies, though, we strongly suggest that you focus on these five events:
- View content (product detail, category)
- Add to cart
- Initiate check-out
- Add payment info
- Purchase
All that info is gathered through third-party cookies. Now it all makes sense, doesn’t it? Every time you go to a website for the first time and ask for “cookie permission” they’re asking your permission to store, use, share, and sometimes even sell your data.
Third-party cookies allow businesses to keep tabs on the consumer’s journey within their website and target or retarget them with ads. Along with the events, the Meta Pixel will automatically track which device was used and which URLs were visited.
According to Meta:
Tracked conversions appear in the Ads Manager where they can be used to measure the effectiveness of your ads, to define custom audiences for ad targeting, for Advantage+ catalog ads campaigns, and to analyze that effectiveness of your website’s conversion funnels
You can use that information in many ways. Here are a couple of examples:
- Create Lookalike Audiences that will leverage Meta’s algorithm to potentially reach millions of people with higher chances of becoming new customers;
- Run laser-focused retargeting campaigns that will show ads relevant to the stage of the funnel where your prospect is, increasing conversion rates and providing a higher ROAS (Return Over Ad Send).
But there is one downside for Meta Pixel: it won’t work if the user has ad blockers, cookie blockers, or other masking tools. Also, stricter data privacy and GDPR (General Data Protection Regulation) made it harder and harder to grab user data through cookies, forcing marketers and platforms to adapt and change the way they gather and process data for advertising purposes.
And thus, our beloved CAPI (Conversion API) was born out of the necessity to circumvent ad blockers and cookie blockers while respecting data-privacy rules.