We all knew it was coming.  I, for one, will not be using this.  They say it’s in beta now so I’m not sure how many others have access to it.   They even tell me to click the Tracking link in the left navigation menu and guess what… There’s no link.  Great job, Facebook!

I’ve attached a .pdf file for you guys to read over.  Download Facebook’s Conversion Tracking Guide.

I’ve included a few excerpts below.

• Your tracking tag is specific to your Facebook advertising account. To generate a new tag, simply go to your Ads Manager and click on the “Tracking” link in the left hand navigation. That will take you to the Tag Management page. From here, you can create a new tracking tag. Before your tag is generated, you have an opportunity to name the tag, choose the type of conversion event that you’ll track on your website and specify a value associated with the conversion. After you hit the “Save” button, you’ll be able to copy and paste the tag into your website code.
• Implementing your Facebook tracking tag is as simple as copying and pasting your tag into your website code. Facebook will record a conversion every time a tracking tag is loaded. A tag is loaded when a person initiates the conversion event as defined by you and where you put the code on your site. There are a number of different places you could insert your tag(s) depending on the action on your website that you would like to track.
• By generating a conversion tracking tag on Facebook and copying and pasting it into the appropriate code on your website, you can track things like individual page views, purchases, registrations or downloads. You could even track a series of page views to determine the path someone takes to these conversion events.

Related posts:

1. Case Study: Using POF Conversion Tracking to make a Profitable Campaign – Phase 1
2. Control your Destination URL
3. Case Study: Using POF Conversion Tracking to make a Profitable Campaign – Phase 2
4. Facebook Campaign Case Study
5. How to Cloak Facebook Ad Reviewers (the right way!)