Facebook and IBM team up to make it easier for big brands to target you with ads
Image: Eric Risberg/Associated Press
Big Blue is teaming up with the world's most popular blue app.
Facebook and IBM announced on Wednesday that they will put some of
their advertising tools and experts together to help big companies more
closely personalize their marketing to customers.
The collaboration allows the two Big Blues to double down on big
advertisers. The partnership should add an incentive for IBM's Fortune
500 roster of clients to come closer to Facebook, which is looking for
more advertising revenue. IBM, in turn, can now take advantage of the
incredible wealth of data about consumers that Facebook collects.
A Facebook spokesperson noted that the partnership should boost the
relevancy of ads, and perhaps more importantly to the company's bottom
line, demonstrate how Facebook can drive "sales, not just clicks."
Facebook's advertising machine propelled the company to its first $10
billion revenue year in 2014.
Theoretically, a bank might use IBM's data to determine current
customers it wants to target through marketing in e-mail and Facebook.
Or a sporting brand might work with IBM and Facebook to target real-time
Facebook ads to customers who are currently at a game, based on IBM's
location data.
"Some of the clients we have, it's the who’s who. This allows
Facebook to jointly collaborate with IBM on some of the marquee clients
around the world," Deepak Advani, general manager for IBM Commerce.
IBM has entered into partnerships with a number of prominent tech companies recently, including working with Twitter to give businesses access to its social media data firehose and working with Apple to begin creating custom enterprise applications for the iPad.
Source: Mashable