If you're looking for a tool to track your competitors' ads and improve your own campaigns, Spyder Meta Ad Spy is a good option. It's designed to monitor and analyze Facebook and Instagram ads for brands and agencies, with features like a 24/7 ad library scraper, automated competitor reports and real-time analysis. That can help you find successful hooks, creative tests and optimize your campaigns.
Another powerful option is PowerAdSpy, an AI-based ad intelligence tool that tracks ads on Facebook, Instagram, YouTube, Google and other social media sites. It's got advanced search, ad component analysis, customizable dashboards and multiple pricing levels for different customers and budgets. PowerAdSpy can help you find profitable niches, track competitors and reproduce successful ads.
If you want to take a more data-driven approach, MadMen AI offers insights into competitors' successful ads' creative. It's got automated competitor tracking, proprietary performance insights and competitive benchmarking to optimize ad spending. The tool can dramatically reduce creative production time and ad spend, which is why it's useful for marketers.