Stock Ticker

  • Loading stock data...

International Business Machines Corp. (NYSE:IBM) And Facebook Inc (NASDAQ:FB) Join Hands For A Marketing Initiative

International Business Machines Corp. (NYSE:IBM) has tied up in a mutually benefitting association with Facebook Inc (NASDAQ:FB), with a vision to offer an end-to-end well integrated platform. The customers can now easily get across adverts from Facebook, by using the combined data from IBM’s Marketing Cloud and Facebook. The former includes details pertaining to location, weather and earlier purchase history. Moreover, customers can easy access campaigns on Facebook and work towards replicating them elsewhere.

FB May Associate With IBM ThinkLab

A sizeable number of companies are already into the advertisement capabilities of Facebook. Jay Henderson, the emeritus director of IBM Commerce comment that FB is one the first, premier companies to join IBM’s proposed project ‘ThinkLab’. Together, the teammates from FB and IBM shall work together in harmony and harp on advertisers to create mutually benefiting campaigns, focused at customer experiences. Today, no other company has taken up this ad-sharing initiative. This is deemed to bring good profit and merit to consumers.

A Win-Win Partnership

This innovative partnership stands out as there is substantial customer analytics competencies and marketing cloud. IBM invested $24 billion solely in analytics. Journey Analytics is the latest investment innovation, which includes premier insurance companies, retailers and one of the large banks around. These analytics can be applied to enhance the outreach and improve upon the customer base. Improved precision shall drive relevant advertisements towards creating improved customer experience.

International Business Machines Corp. (NYSE:IBM) had commented that retailers could easily ascertain customers who show keenness in depicting long distance running. Thereafter, targeted deals shall be based harping on them, luring with the gears the customers would show interest in. The latest announcement has now reached all quarters. It has almost been a year that the company acquired Silverpop, a cloud marketing based company. Apparently, it appears that the deal has a great future ahead, and may sketch a collaborative success story on the global front.

Published by Duncan Oleinic

Duncan Oleinic is from New Yourk. After graduating with a degree in physics, he began his career as an analyst in a broking firm. Through this experience he was able to advance to the role of correspondent for a U.S based financial news provider, where he worked from 2001 to 2007. He subsequently joined a merchant banking firm as a financial analyst focused on valuing unlisted companies in the sub-continent. Over the course of his two years here, he performed valuations of several media companies which were later acquired by peers.

Recent Stories

Sponsored Content

Sign Up To Get Our Latest Stocks Alerts