Taboola, a global leader in powering recommendations for the open web, announced advancements in its performance advertising-focused bidding technology, called Maximize Conversions.
The new technology empowers Taboola advertisers to evolve beyond manual and time-consuming cost per click (CPC) bidding strategies, in favour of specifying a budget and having Taboola’s algorithm automate the CPC bid to drive as many conversions as possible while staying within budget.
More than one thousand Taboola advertisers have already used Maximize Conversions to drive results. In addition to making ad campaigns more effective, Maximize Conversions also provides benefit in making campaigns more efficient, significantly reducing the time in which advertisers get to their optimal results.
Maximize Conversions is designed to give advertisers flexibility for their campaigns and can be used without a target CPA, which delivers against an advertiser’s daily budget.
“Advertisers deserve technology that drives ROI simply and effectively, and Maximize Conversions delivers exactly that,” said Adam Singolda, CEO and founder, Taboola. “We’re taking the guesswork out of CPC bidding, making it so that advertisers can simply share their goals, and our AI takes care of the rest. Our AI is trained on 1st party contextual signals from more than 9,000 publishers and nearly 600M daily active users, giving advertisers using Maximize Conversions a competitive advantage in reaching customers. We’re seeing incredible results from this technology – delivering large amounts of customers, saving costs, time and more. I expect nearly half of our advertisers will adopt this offering in 2024.”
Advertisers give thumbs up to Maximize Conversions
“Our Maximize Conversions campaigns are the clear winners! They consistently deliver outstanding results allowing us to maximize our budgets while achieving impressive CPAs. Not only that, but these campaigns are also driving the highest ROAs for us at the moment, and we’re excited to continue investing with Taboola.” – Babbel
“We have experienced a remarkable boost in stability and performance with Maximize Conversions, surpassing our expectations. A notable difference being the significant reduction in manual work required compared to our previous methods. We’re looking forward to shifting more campaigns (to Taboola’s automated bidding) to gain more stability and decrease manual work.” – Audibene
“Not only have we witnessed consistent performance in terms of spend and cost per acquisition (CPA), but the real magic lies in the precious time we’ve saved on bid optimization. With this remarkable tool, we’ve unlocked newfound efficiency and productivity in our marketing efforts.” – Muhlert Digital Gmbh Agency on behalf of Leica Camera
“The automated approach of Maximize Conversions saves us valuable time and effort when managing campaigns. Plus, it’s unlocked profitable inventory previously out of reach with other methods.” – ClickCrew
“At Secret Escapes, our goal is to acquire new subscribers within a specific CPA target, and we found a winning formula with Taboola’s Maximize Conversions strategy with a set target CPA. The outcome? An impressive 64pc reduction in CPA, surpassing our own expectations and comfortably landing us well below our CPA target.” – Secret Escapes
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