News, Paid Search
By Amy Bishop
Last month, a Microsoft Advertising automotive case study showcased a positive linear relationship between paid search clicks and automotive sales, with 99% statistical significance. What's more, the research cited that brands earn 2.1x more clicks with paid ads versus those relying on organic alone. Now, they're introducing a new way for automotive advertisers to drive those clicks.
Today, Microsoft Advertising is announcing an open beta for Automotive Ads, a new ad unit, in the United States and United Kingdom.
For advertisers familiar with shopping ads, Automotive Ads should feel somewhat similar. Automotive Ads are feed-based product ads (similar to shopping ads), where attributes are uploaded via a feed. The ads will then be delivered for queries that are matched to the feed, such as vehicle research and purchase intent queries. Dissimilar from shopping ads, Automotive Ads won't require a merchant center, as the feed will be uploaded directly into the advertiser's Microsoft Advertising account.
In addition to SERP placements, Automotive Ads are also eligible for native placements on the Microsoft Audience Network, which can be targeted through first and third-party audiences.
"One feed allows you to target multiple points in the customer journey because Automotive Ads can be leveraged in both SERP and native placements. Let's say you're targeting in-market audiences and you engage a prospect with a native ad. It piques their interest so then they do a search and now they see your search ad and your Automotive Ad from the feed. "They may not have been considering this vehicle before, but after seeing your Automotive Ad on native and clicking through on search, now they are in your funnel. "
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