Understand how you can sync your events data from different sources with Facebook to address cart abandonment and increase conversions.
*“You can’t improve something that you can’t measure”, said Liam’s boss, Kai, when he was questioned about the increased CAC on Facebook. Liam expressed that there has been a surge in users declining cookies and using ad blockers on websites, skewing the conversion data for their business.
“Why don’t you use Facebook’s CAPI to tackle this?”, asked Kai. *
Facebook’s Conversions API (CAPI) is a tool that allows businesses to send customer data from their own servers directly to Facebook. This is in contrast to the traditional method of tracking conversions using the Facebook Pixel, which relies on browser cookies.
So you’ll get more accurate tracking of conversions, better optimization, and more control over your data even if ad blockers are set up by the users.
A home furnishing brand based out of the US is prepping up for BFCM. They are a successful brand making more than 15 million USD every year. With a presence in both online and offline channels, they are always at the right place at the right time.
However, they face a recurring challenge all the time: cart abandonment.
Facebook is their primary channel for customer acquisition and they’ve seen great engagement from the people from that channel. However, they see that more than 50% of the people coming from their Meta ads tend to leave the products in their cart. With an AOV of $750, this is making them leave a lot of money on the table.
To solve this problem for BFCM, they are experimenting with different things. And one such thing is using Facebook’s CAPI to optimize and increase their conversion on ads.
Here’s the exact playbook they used to implement Facebook CAPI to solve for their cart abandonment problem.
*Callout: Before we get started ensure you have integrated your Facebook Conversions API with Lifesight and set it up. You can read more about how to sync events with Facebook Conversions API*
Also, ensure you have checked the “Add to Cart” box as this is what you want to track
When the Facebook CAPI is seamlessly integrated with Lifesight, it becomes a game changer in addressing the challenges associated with precise conversion tracking within the ever-evolving landscape of digital advertising. This robust server-to-server integration allows for the direct transmission of customer data to Facebook, effectively circumventing common obstacles such as ad blockers and privacy settings. As a result, businesses can not only significantly enhance their conversion tracking capabilities but also slash acquisition costs and optimize campaign performance.
The combination of Facebook’s CAPI and Lifesight empowers businesses by granting them better control over their data. This, in turn, enables them to execute more effective advertising campaigns, ultimately elevating their digital marketing efforts in a rapidly digital world.
To get a first-hand look at how you can get the best of Facebook’s Conversion API, schedule a demo with Lifesight today