New platform ushers in search advertising enhancements
If you’re in business you’ve probably heard the famous truism, “I know that half the money I spend on advertising is wasted, I just don’t know which half,” uttered by John Wanamaker, who opened the first department store in Philadelphia in 1870.
You may also have heard that Yahoo! Search Marketing went live with a major new initiative designed, in part, to help tackle Wanamaker’s problem.
It’s a completely new, completely redesigned ad platform that provides businesses with an easier way to connect to customers, and will provide more tools and capabilities to advertisers, along with an enhanced, more relevant experience to users.
So what’s in it for me, the publisher?
If you are a publisher not currently using Yahoo! Search Marketing products, such as Sponsored Search, this release will only affect your business in small ways. The changes you should notice in your ads are those we have noted previously and include:
- The removal of ellipses (…)
- Fewer truncated words
- The inclusion of 40-character titles on certain ad units
- A change in the number of ads displayed on certain ad layouts
These changes are now live across the network. Other than that your experience should not change—at least not in the short term. Over the long term, however, this initiative, which touches systems all across Yahoo!, should improve the relevancy of your ads.
Double duty
If you are a publisher who also uses Yahoo! Search Marketing, here’s a run-down of some of the enhancements that you’ll be able to take advantage of once you have been upgraded to the new system:
- An intuitive new control panel
Using this completely redesigned, easy-to-navigate control panel will help you see what’s working and what’s not.
- Fast ad activation
Most ads should now go live within minutes.
- Easy ad testing
You’ll be able to test multiple versions of an ad to find the message that works best.
- Geo-targeting
Target your customers as broadly or narrowly as you want on a geographic basis, and customize your ads to help control costs.
- Campaign budgeting, forecasting and scheduling
You’ll be able to create, budget and schedule your individual advertising campaigns for greater control over your advertising strategy and spending.
- See-through visibility
The new interface can will help you understand how well your ads are performing relative to your competitors.
For more information on the new search advertising platform visit the Yahoo! Search Marketing home page.
Wanamaker was able to open his department store because technological innovations like steam power and the telegraph provided the means to acquire and ship goods faster and at more affordable prices. The Internet has accelerated this process to lightning speed. We think that the new advertising platform will help take even more friction out of marketing, benefiting advertisers, publishers and consumers alike.
Congrats to the team who worked so hard on the new search advertising platform!
—Michael Mattis, Blog Editor