First conversion attribution

Thursday, August 15, 2024

HC

Written by

Shelby Brown

Shelby Brown

Paid Social Specialist

Meta has recently rolled out a significant update to its ad attribution model, the "First Conversion" attribution option. This new feature is designed to give advertisers a more detailed view of their conversion data, which can impact how you optimise your campaigns. 

Previously, Meta's ad attribution was primarily focused on "All Conversions," which means it tracked all the conversions that happened after an ad view or click. While this gives a overall view of how ads were performing, it doesn’t necessarily highlight the initial touch points that led to the first conversion…until "First Conversion" attribution model!

With "First Conversion," we can now choose to track the very first action a user takes after engaging with an ad. This is a big change because it allows you to identify which ad or campaign is responsible for sparking the initial interest that leads to a conversion. Essentially, it's about understanding the first step in your customer's journey, rather than just the end results.

Why It Matters

  1. Clearer Insights: By focusing on the first conversion, you can gain clearer insights into which ads are most effective at generating initial interest. This can help you refine your messaging and targeting strategies to better capture your audience's attention right from the start.

  2. Optimised Ad Spend: Knowing which ads are driving first conversions can help you allocate your budget more effectively. Instead of spreading your budget across multiple campaigns, you can invest more in the ones that are proven to initiate conversions.

  3. Improved ROAS: With more precise attribution, you can improve your return on ad spend by focusing on the ads that make a difference. Better performance metrics = more effective campaigns.

Meta's new "First Conversion" attribution is a powerful new addition for brands and agencies. By providing clearer insights into the initial steps of the customer journey, it allows for more tailored optimisation and better overall performance.

So, whether you're running e-commerce campaigns, generating leads, or boosting brand awareness, make sure to take advantage of this new feature!