Marketers spy on their Facebook competitors to stay alert about their marketing strategies. They advertise on this platform to promote their brand/products.
Facebook is an excellent medium for online marketing. Marketers host ads related to their niche, engage the audience, drive them to its website, and also keep an eye on competitor ads.
But, doing all these things in an instance is nearly impossible.
So, marketers prefer using an advertising tool for the same. These tools design and launch the ad, which results in saving your time and effort. It also acts as a social media spy tool that watches over your competitor's advertising strategy. It gives the marketers complete insights into the hosted ads, to track their growth and performance.