Google introduces AI-powered features to optimize ad placements for marketers

TL;DR Breakdown

  • Google introduces AI-powered features to optimize ad placements across its platforms.
  • Demand Gen utilizes AI to place photo and video ads on various Google products automatically.
  • The second feature uses AI to identify optimal ad placements for video ads, resulting in a 40% increase in video views during testing.

Alphabet’s Google has unveiled two new artificial intelligence (AI)-powered features aimed at assisting marketers in finding the best ad placements across the company’s services. The introduction of these AI tools reflects the increasing utilization of AI in the tech industry and its growing role in enhancing advertising strategies.

Enhancing ad placement efficiency with AI

The first feature, Demand Gen, leverages AI to place advertisers’ photo and video ads on various Google products, including Gmail, the YouTube feed, and Shorts, which serves as YouTube’s counterpart to the popular short-form video app TikTok. By utilizing AI, Demand Gen eliminates advertisers’ need to manually determine ad placements. Instead, the technology focuses on finding “shiny, visual, and immersive” placements, as described by Vidhya Srinivasan, Google’s Vice President and General Manager of Advertising.

Optimizing video views through AI

The second feature employs AI to identify the most optimal ad placements for brands’ video ads, with the aim of maximizing their viewership. According to Google, early testing of this AI-driven tool has shown that brands experienced an average increase of 40% in video views. This significant improvement highlights the potential of AI to enhance the effectiveness of video ad campaigns.

By automating the process of ad placement, Google aims to relieve marketers of the burden of manual decision-making and operational tasks, allowing them to focus more on developing effective marketing strategies and compelling storytelling. Srinivasan emphasizes that by leveraging AI to handle some of the “grunt work,” brands will have the opportunity to invest their time and efforts into refining their marketing approach and creating engaging narratives that resonate with their target audience.

AI has become increasingly prominent across various sectors, and the advertising industry is no exception. Google’s latest AI-powered features represent a continuation of the company’s efforts to utilize AI technology to provide more targeted and impactful advertising solutions. By optimizing ad placements and improving video views, Google aims to enhance advertising campaigns’ overall effectiveness and reach, ultimately benefiting both marketers and brands.

As AI continues to evolve and demonstrate its potential in streamlining advertising processes, marketers can look forward to leveraging these advanced tools to achieve their advertising goals more efficiently. The integration of AI-driven features into advertising platforms marks another step towards a future where technology plays a crucial role in shaping the landscape of digital marketing.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Google introduces AI-powered features to optimize ad placements for marketers

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月17日 10:40
Next 2023年6月17日 12:03

Related articles

  • Former Credit Suisse CEOs under fire because of this

    TL;DR Breakdown A group of Credit Suisse AT1 bondholders has filed a class-action lawsuit against former executives, including three ex-CEOs, for causing the bank’s downfall. The executives are accused of excessive risk-taking, prioritizing short-term returns and bonuses over sound risk management. The lawsuit’s fallout traces back to a decision by Switzerland’s regulator to render $18 billion of Credit Suisse’s AT1 debt worthless, overturning traditional practices and leading to multiple legal actions. Description In a turn of events that has sent tremors through the world of struct finance, former executives from the embattled Swiss bank, Credit Suisse, find themselves in the crosshairs of a class-action lawsuit. The list of accused includes three former CEOs: Thomas Gottstein, Tidjane Thiam, and Brady Dougan, amongst several other executives. The lawsuit, filed … Read more In a turn of events that has sent tremors through the world of struct finance, former executives from the embattled Swiss bank, Credit Suisse, find themselves in the crosshairs of a class-action lawsuit. The list of accused includes three former CEOs: Thomas Gottstein, Tidjane Thiam, and Brady Dougan, amongst several…

    Article 2023年6月24日
  • U.S. recession could be great for markets -How?

    The anticipation of a U.S. economic recession, which might seem counterintuitive at first, could, in fact, avert a significant market downturn in the latter half of 2023. Michael Yoshikami, the founder and CEO of Destination Wealth Management, presents this interesting viewpoint. This article investigates the rationale behind Yoshikami’s prediction and the broader market implications. Counterintuitive as it may seem: A potential recession as the market’s lifeline Consumer price inflation in the U.S. reduced to 4.9% on a yearly basis in April, the most sluggish annual pace since the same month the previous year. This latest data from the Labor Department was widely received as an encouraging indicator that the Federal Reserve’s strategic measures to control inflation are making progress. However, the core Consumer Price Index (CPI), which doesn’t account for variable food and energy prices, exhibited a 5.5% increase annually in April. This happened against the backdrop of a robust economy and a persistently strained labor market. Despite the CPI witnessing a substantial cool-off since it hit an apex of 9% in June 2022, it continues to hover significantly above…

    Article 2023年5月29日
  • XDC secures Japanese foothold through SBI partnership

    TL;DR Breakdown The enterprise hybrid blockchain solution, XDC Network, is expanding its reach in the Japanese market through a partnership with SBI VC Trade, a cryptocurrency exchange subsidiary of the Tokyo-based financial holding company, SBI. The XDC token has experienced significant growth, becoming one of the top 5 altcoin gainers in March 2023 with a 54% increase over 30 days. The network supports Ethereum Virtual Machine-compatible smart contracts, protocols, and cross-chain token transfers and is ISO-20022 compliant, an international standard for data interchange between financial institutions. Under the banner of innovation and expansion, XDC Network, the enterprise hybrid blockchain solution previously known as XinFin, is paving the way for increased influence in Japan’s bustling financial markets. This ambitious objective has been realized through its strategic partnership with SBI VC Trade, a reputable cryptocurrency exchange subsidiary of the Tokyo-based financial behemoth, SBI Holdings. New horizons: XDC Network and SBI VC trade partnership The collaboration was publicly confirmed on May 31, when XDC Network proudly announced its integration into SBI’s cryptocurrency exchange arm. Fumiki Ozaki, the CEO of the exchange, expressed his…

    Article 2023年6月4日
  • Growing hope for U.S. economy’s gentle slowdown

    TL;DR Breakdown U.S. economy showing signs of gentle slowdown without recession. Inflation cooling to 4.1% in June; wage growth slowing but still robust. Q2 growth at 2.4%, surpassing expectations; stock market strong. Description The U.S. economy’s vibrant heartbeat is pulsing with hope, even as it gently decelerates. With the Federal Reserve’s tightening monetary policy, the storm clouds of recession are parting, and optimism is on the rise. The recent series of interest rate hikes hasn’t sent the economy into the doldrums. Instead, it’s shaping a soft landing – … Read more The U.S. economy’s vibrant heartbeat is pulsing with hope, even as it gently decelerates. With the Federal Reserve’s tightening monetary policy, the storm clouds of recession are parting, and optimism is on the rise. The recent series of interest rate hikes hasn’t sent the economy into the doldrums. Instead, it’s shaping a soft landing – a scenario where inflation control doesn’t wreck economic activity. There’s a growing belief that the U.S. might just pull this off. Here’s how. The Faint Whispers of Inflation Inflation was that haunting ghost, lingering…

    Article 2023年7月31日
  • Doubts grow on necessity of Fed’s rate increases

    Description Eyes are on the Federal Reserve as speculation intensifies over its interest rate decisions. Recent indicators from the July meeting insinuate that although the battle against inflation is far from over, there’s an emerging skepticism surrounding the urgency for continual rate hikes. A Balancing Act of Risks Fed officials, while unanimous in backing a modest … Read more Eyes are on the Federal Reserve as speculation intensifies over its interest rate decisions. Recent indicators from the July meeting insinuate that although the battle against inflation is far from over, there’s an emerging skepticism surrounding the urgency for continual rate hikes. A Balancing Act of Risks Fed officials, while unanimous in backing a modest rate increase, signaled they might be reaching the twilight of this monumental rate-hiking phase. But there’s a catch: concerns abound about the potential repercussions of “overtightening” the monetary policy. Essentially, they’re caught in a high-wire act of moderating the economy without pushing it over the edge. Market reactions were swift and stark. Following the buzz around the Fed’s tone of caution, US markets took a hit….

    Article 2023年8月18日
TOP