Microsoft Advertising announced a new ad format for Bing Search named health insurance ads. Microsoft said advertisers are already seeing a 4X increase in return on ad spend (ROAS) and lower costs per acquisition (CPAs) with this new format.
Microsoft Advertising Health insurance ads are "intent-triggered rich placements that provide real-time information to consumers and inspire action, all with no keywords required," Microsoft said. These are positioned on the right rail of the Bing search engine results page running alongside mainline text ads, you can showcase your healthcare plans more prominently than ever.
Here is what they look like:
Health insurance ads are dynamically generated based on the data you specify in your feed file, such as your plan type, the organization category, federal registration status, and URLs. The more details you provide in the feed file, the more information Microsoft can include in your ads.
These ads give you:
- Customized ads: Submit and schedule your feed, and based on the attributes you provide, Microsoft will create relevant, personalized ads.
- Improved return on ad spend: See more volume, increased click-through rates (CTR), and lower cost-per-click (CPC) rates.
- Time-saving automation: With no keywords required, the ads are created by feed files that use Microsoft AI automation and are fully equipped for bulk upload.
To sign up for the beta for Health insurance ads, you first need to reach out to your Microsoft Advertising rep or contact the Microsoft support team. Once you are in the beta, you will need to provide a feed. A comprehensive feed with rich attributes such as image URLs and contextual keywords is critical for your success with Health insurance ads.
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