Google Introduces 2 New Audience Solutions In Display And Video 360
Google introduced new audience solutions with first-party data and machine learning in Display and Video 360. The two new updates are Optimized Targeting and Exchange Provided Identifier, also known as EPID.
What is it about
a. Optimized Targeting
Optimized targeting helps advertisers expand reach across relevant audiences and increase return on investment (ROI) with the touch of just a button. Campaign settings, such as manually-selected audiences including first-party data and Google audiences, influence the machine learning algorithm. Optimized targeting then uses machine learning to expand reach across other relevant groups without relying on third-party cookies.
It identifies and targets the most likely audience to drive impressions, clicks, and conversions depending on the advertiser’s strategy.
What are the performance results: This ultimately leads to better performance and increased conversions. The early test results found that advertisers who use optimized targeting in Display & Video 360 can see,
Availability: In Display & Video 360, optimized targeting is currently available for YouTube Video Action campaigns. In the coming months, it will expand beyond YouTube to all display and video campaigns. Once launched, new eligible display and video campaigns will be opted into optimized targeting with the ability to opt out.
b. Exchange-Provided Identifier (EPID’s)
Exchange Provided Identifier, also known as EPID, provides Display & Video 360 with new signals which will be used to automatically future-proof frequency management tools. In the future, EPIDs will be powering a variety of other marketing use cases in Display & Video 360 with no action required by advertisers.
Expansion of PPID technology: EPID expands the PPID technology. Publisher Provided Identifiers, also known as PPIDs, became available for publishers to use programmatically last year. PPID allows publishers to send Google Ad Manager the first-party identifier for marketing use cases.
EPID makes it available to more exchanges, publishers, or vendors looking to share their first-party identifiers with Display & Video 360’s backend to improve the quality of programmatic ads served on their respective properties. An EPID from a particular exchange or publisher cannot be used outside of an exchange’s inventory. In this way, people are protected from being tracked across the web.
Testing and availability: Google has improved the feature based on the feedback from the tests with several exchanges and partners. In the coming months, EPID will be used to inform Display & Video 360 users frequency management solutions. Brands will be able to avoid ad repetition and maximize reach efficiency even in the absence of third-party cookies. Brands and agencies will automatically benefit from EPID when setting frequency goals.
In the blog, the company also stated, EPID will be used as a signal for building Google audience segments in Display & Video 360. This will give advertisers a chance to deliver more personalized ads on publishers’ sites for which EPIDs are received. Down the line, EPID will also help brands unlock other core advertising functionalities, like cross-device reach on a domain by domain basis, and invalid traffic prevention in a privacy-safe way.
How will this help the marketers?
The new solutions created in Display & Video 360 solutions will allow marketers to successfully reach and influence their most relevant audiences while ensuring consumers feel safe online.
As digital advertising changes, it’s essential for advertisers to stay ahead of the curve while meeting people’s expectations. Consumers want two things -Ad relevance and privacy. Using these programmatic options, publishers can serve successful programmatic ads despite having a cookie-free future.
Wait there’s more- The Journey From Deterministic To Probabilistic Marketing
- Neha Mehta
- Neha started her journey as a financial professional but soon realized her passion for writing and is now living her dreams as a content writer. Her goal is to enlighten the audience on various topics through her writing and in-depth research. She is geeky and friendly. When not busy writing, she is spending time with her little one or travelling.
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