The Microsoft Audience Network has moved predictive targeting to general availability.
Following a successful pilot, all advertisers will now be able to use the feature in their campaigns.
Why we care: Predictive targeting can help advertisers easily find new audiences that they may not have previously considered targeting. Not only are the identified audience relevant, but they are viewed by bots are more likely to convert, which could result in a higher ROI for marketers.
Successful trial. Microsoft has been trialing this tool for 10 months and said that some marketers, such as Sembot, have reported as much as a 1550% increase on ad spend, while other businesses, such as Trivago, have seen conversion rates rise by 20%.
How it works. Microsoft bots examine ads along with the landing pages associated with them, before using its audience intelligence signals to match that content with relevant audiences. The bots have been designed to help marketers deliver the right message at the right time to drive better performance.
How to set it up. In order to integrate predictive targeting into your marketing campaign, you need to toggle on an ad group setting in the audience campaigns. You can do this in two different ways:
Is it the same as optimized targeting? It is similar in the sense that this tool can help marketers reach their ideal audience with little to no input. However, this tool was designed specifically to assist marketers using the Microsoft Audience Network using a combination of existing advertiser assets and Microsoft Audience Intelligence.
Microsoft shares best practices. The tech giant has identified best practices to help marketers achieve the best results:
Deeper dive: For more information on Microsoft’s predictive targeting feature, read its complete guide here.
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