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Microsoft copy Google?
PLUS: 🍨 Meta and TikTok bring crazy new Ad updates!
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SEARCH ADS
🚀 Google and Microsoft Elevate Ad Platforms with Strategic Updates
Google Search Ads 360 and Microsoft Advertising are rolling out pivotal enhancements aimed at refining retail media campaigns and streamlining the user interface (UI). These updates are designed to boost product exposure and sales for retailers and brands, while simplifying ad management for marketers.
đź›’ Google Search Ads 360 Debuts Offsite Retail Media Features:
Google is spearheading a groundbreaking closed beta for offsite retail media campaigns in Search Ads 360.
This initiative seeks to amalgamate retailers' and brands' marketing endeavors to target precise shopper demographics effectively. By harnessing the power of Google AI combined with retailers' first-party data, the focus shifts to driving Performance Max campaigns rooted in privacy-centric strategies.
Moreover, the rollout of advanced reporting tools provides granular insights at various levels—brand, campaign, or stock-keeping unit (SKU)—empowering advertisers to fine-tune their advertising spend for optimal returns.
Lowe's, in collaboration with Google, serves as an early beta participant, leveraging a managed service model to unveil its inaugural off-site retail media venture on Google's Search and Shopping platforms. Lowe's envisages future collaborations with SA360 to offer self-service options to their brand allies.
🖥️ Microsoft Advertising's Innovative UI Pilot:
In parallel, Microsoft Advertising is unveiling a trial for its refreshed UI, drawing inspiration from Google Ads' functionality and aesthetic to ensure a more intuitive and enhanced user experience.
The new UI's hallmark is the introduction of a dual vertical menu and an exclusive Copilot icon, positioned prominently in the top horizontal menu, to augment the platform's operational efficiency. The incorporation of Copilot into the search bar further taps into AI's capabilities, streamlining ad campaign management.
These updates from Google Search Ads 360 and Microsoft Advertising signify a leap forward in digital advertising, with both giants striving to provide sophisticated, user-centric ad platforms that cater to the dynamic needs of today's retailers and marketers.
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SOCIAL MEDIA ADS
🚀 Instagram and TikTok Ads Innovative Features
Instagram and TikTok are stepping up their e-commerce game, introducing new functionalities to enhance the shopping journey for consumers and boost sales for businesses. Instagram's "Ads with Promo Codes" and TikTok's updated Video Shopping Ads and Shop tab ad format are set to redefine how brands connect with their audiences.
🛍️ Instagram Unveils Ads with Promo Codes:
Instagram has launched "Ads with Promo Codes," enabling advertisers to embed promotional codes directly in their ad captions.
This feature simplifies the process for users to apply discounts during checkout, potentially increasing purchases driven by Instagram ads.
Early adopters have reported significant improvements, including a 9.1% decrease in cost per purchase and a 10.1% increase in conversion rates.
🎥 TikTok Amplifies Video Shopping Ads:
TikTok's updates to its Video Shopping Ads mark a global expansion and the introduction of user-friendly enhancements for ad creation.
Advertisers can now effortlessly integrate their product catalogs into Carousel and Product Tiles formats, which have demonstrated success in elevating click-through rates and ad spend returns.
Moreover, TikTok's collaboration with Shopify offers merchants a streamlined process for launching Video Shopping ad campaigns.
The newly introduced Shop Ads Product Card format within the Shop Tab targets shopping enthusiasts, promising a more directed promotional effort.
The latest from Instagram and TikTok reveal the platforms' ambitions to serve as pivotal hubs for online shopping, offering brands innovative tools to engage with and convert their target markets effectively. These developments provide ample opportunities for advertisers to optimize their strategies.
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🛍️TikTok revamped Creator Rewards Program for longer content, offering up to 20x higher payouts based on engagement and originality, targeting creators with over 10K followers.
🎥 YouTube's new policy mandates creators to label realistic AI-generated videos, targeting deepfakes and misinformation, while excluding non-realistic content and AI scripts from disclosure requirements
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