Microsoft Advertising’s new Credit card ads continue its streak of vertical-specific products
The new format is rolling out as an open beta to advertisers targeting customers in the U.S. and Canada.
Microsoft Advertising has introduced Credit card ads as an open beta, the company announced Tuesday. Credit card ads will become available this week to advertisers targeting customers in the U.S. and Canada. Over the last six months, the company has also launched ad formats specifically for the travel and leisure and automotive sectors.
Where and when Credit card ads can appear. Credit card ads appear on the right rail of Bing search results and run alongside mainline text ad placements. These ads can trigger for queries like brand name, card category and credit level.
How Credit card ads work. Credit card ads are dynamically generated based on advertisers’ data feeds. The feed file should contain business data like the card issuer, annual fee and any sign-up bonuses. Keywords are not required and Microsoft Advertising does not need to crawl your site to generate content for this ad format.
How to get started. To register for the open beta, contact your Microsoft Advertising representative or enroll at this link.
Why we care. This format may be useful for credit card advertisers, like banks, brands and comparison sites, to showcase their promotions. They may also offer increased efficiency for this particular segment of advertisers: “In early flights of Credit card ads, advertisers so far have seen 70% lower cost per acquisition,” Microsoft said.
From an industry standpoint, Microsoft Advertising is on a streak of launching vertical-specific, feed-based products that are unique to the company — in addition to Credit card ads, the company has rolled out open betas for Tours and Activities ads and Automotive ads over the last six months. The platform’s strategy of appealing to advertisers with automated ad formats tailored specifically to their industry may help it achieve wider adoption and increase its market share.