The landscape of digital marketing is evolving, with paid search, paid social, and artificial intelligence playing vital roles. Marketers now depend on the synergy of these elements for effective, targeted, and data-driven strategies as technology progresses. Here are the notable highlights of key features and updates that were trending in the year 2023.
Paid Search: Key Insights and Strategies for 2023
Google is making improvements to keyword recommendation:- Google has announced a modification to the “remove redundant keywords” recommendation. While it previously suggested eliminating redundant keywords within the same ad groups, destination, bidding strategy, and match type, the upcoming change will extend this recommendation to cover various match types.
Setting a Negative keyword list at the account level:- Advertisers can make a Negative Keyword List for the whole account and use it in specific campaigns. This saves time since you don’t have to add the same negative keywords to each campaign separately, making handling future changes to negative keywords across campaigns simpler.
Measuring the deeper impact of campaigns with new enhancements to LinkedIn Ads:- Conversion API, Website Actions, Click-to-Message Ads and Document Ads are a few new enhancements that can help advertisers achieve their goals.
The removal of four rule-based attribution models in Google Ads:- Google is transitioning away from rule-based attribution models in favour of data-driven attribution. Now, advertisers won’t have the option to select first-click, linear, time decay, or position-based for new conversion actions. All existing conversion actions have been migrated to data-driven attribution since September 2023.
Google Marketing Live 2023 introduced innovative generative AI capabilities:- At Google Marketing Live 2023, new generative AI features were revealed for Google Ads, Performance Max, and Product Studio. These advancements streamline campaign creation and improve ad relevance.
Presenting Performance Max in Microsoft Advertising:- Microsoft Advertising’s Performance Max uses automation and machine learning to improve marketers’ creative and targeting strategies. It dynamically matches creative assets with targeting parameters in real time, experimenting until it finds the best-performing ad.
Google Ads has phased out Enhanced CPC for Shopping campaigns:-Since October, Google Ads has stopped using Enhanced Cost-Per-Click (eCPC) in Shopping campaigns. Instead, Shopping campaigns with eCPC will behave like those using Manual CPC bidding.
Account Level Negative Keywords in Google Ads:- This update makes it easier for advertisers to handle multiple campaigns. They can now create a negative keyword list at the account level and apply it to specific campaigns. This saves time by avoiding the need to add the same negative keywords to each campaign individually and simplifies the management of changes across campaigns.
Google antitrust trial: what we should know:- The U.S. Justice Department had claimed that the company used unfair tactics to keep its global search engine dominance. This involves significant payments to companies like Apple to secure the default search status on devices like iPhones.
Paid Social: Navigating Trends, Tactics, and Transformations
ChatGPT Gets Competition: X Unveils Grok:- X has launched Grok, its ChatGPT competitor, exclusively for Premium+ subscribers. Grok stands out by incorporating real-time knowledge into responses. While currently available to U.S. users, it is expected to be accessible in other countries soon.
Availability of more formats in YouTube Video Reach Campaigns:- Video Reach Campaigns have expanded to encompass in-feed and shorts ads, providing marketers with a more varied and effective strategy to reach their target audience.
Reddit introduces new ad formats under the name “Conversation Placement:- Reddit has launched two new ad formats within Conversation Placement: Carousel Ads and Product Ads. These new ad formats will allow advertisers to interact with high-value users in a highly focused environment.
Meta makes it easier for Amazon sellers to get more conversions:-U.S. shoppers can connect their Facebook and Instagram accounts to Amazon, making it possible to purchase advertised products in their feeds directly within the mobile apps.
Meta’s new features to optimize campaign performance:- Meta is updating the capabilities of Reels to boost engagement and optimize campaign performance. These features include Collection Ads, Multi-destination Reels carousel ads and Swipe-left functionality.
New Instagram Ads to reach more people:-Introducing two new advertising products on Instagram that provide businesses with additional opportunities for discovery and building meaningful connections – reminder ads and ads within search results.
Reddit launches tools for measuring data directly:- Reddit has rolled out two in-house measurement tools, namely Reddit Brand Lift and Reddit Conversion Lift. These tools aim to help Reddit advertisers better monitor the effectiveness of their campaigns.
Artificial Intelligence: A Game-Changer for PPC Marketers in 2023
Meet Gemini: Google’s biggest and most powerful AI model:- Gemini is a family of multimodal large language models developed by Google DeepMind. It can understand and generate data types like text, code, audio, images, and video. It comes in three versions: Ultra, Pro, and Nano, catering to different needs and device capabilities. Advertisers can now try Gemini Pro in Bard for new ways to collaborate with AI.
Rumours about Google discontinuing the free support feature:- Google has addressed concerns about a potential withdrawal of the free support feature. Google Ads liaison officer Ginny Marvin explained “Support isn’t being phased out but changes are being made in terms of big AI improvements.
Looking back at ChatGPT’s first year:- Within a year, ChatGPT has unleashed significant transformative possibilities in PPC. Explore the current status of GenAI and discover what lies ahead for the industry.
Bard’s capabilities are expanding:- Google is improving Bard to increase engagement on YouTube. It can now answer questions about video content and provide summaries when users enter a YouTube URL.
Experience the power of AI: Explore the future through Predictive Targeting:-Are you interested in finding new audiences more likely to convert? Explore Microsoft Advertising’s new feature, “Predictive Targeting,” to easily discover high-converting audiences.
Revolutionizing Search and Advertising through the Power of Generative AI:- Microsoft Advertising has introduced new features inspired by the success of Bing’s AI-driven search engine. These enhancements, including compare, decide ads and Ads for Chat API partners, aim to benefit advertisers, publishers, and consumers globally.
Generative AI charting the future of PPC:- Google and Bing, both are embracing the potentials of Artificial Intelligence in today’s time. What does this mean for Pay-Per-Click (PPC) advertisers? Frederick Vallaeys shed some light on the same in this article.
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