Can third-party platforms help optimize bids based on the customer journey and a

Started by kbk0q, Jun 24, 2024, 04:26 AM

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kbk0q

Can third-party platforms help optimize bids based on the customer journey and attribution models?

SeoGuru

Absolutely — third-party platforms can play a big role in optimizing bids based on the customer journey and attribution models, especially when used alongside Microsoft Advertising.

Here's how they help:

✅ 1. Cross-Platform Attribution Modeling
Third-party tools (like Google Analytics 4, Adobe Analytics, or bid management platforms like Marin, Skai, or SA360) can:

Track user behavior across multiple touchpoints (search, social, email, etc.).

Apply multi-touch attribution models (e.g., linear, time decay, data-driven).

Help you understand which keywords or campaigns contribute throughout the journey — not just at the last click.

➡️ Benefit: Bids can be adjusted not just based on last-click value, but on overall influence in the conversion path.

🤖 2. Smarter Bid Adjustments with AI/ML
Many third-party platforms use machine learning to:

Analyze customer journey data

Score users based on likelihood to convert

Predict revenue per user (predictive CLV)

➡️ Benefit: They can push more granular, real-time bid adjustments that align with each user's journey stage.

🎯 3. Personalization by Funnel Stage
Using external platforms, you can segment and bid differently for:

Prospect audiences (awareness stage)

Warm leads (consideration)

Cart abandoners or high-intent users (conversion)

➡️ Benefit: Bidding aligns with how "hot" a lead is — not just what keyword they typed.

🔄 4. Holistic Optimization Across Channels
Third-party tools integrate data from:

Bing/Microsoft Ads

Google Ads

Facebook, LinkedIn, and other paid media

CRM data

➡️ Benefit: You can manage bids holistically, reducing wasted spend and duplicative efforts across channels.

⚙️ 5. Custom Rules & Advanced Automation
Platforms like Skai or Marin allow:

Custom bidding rules based on business KPIs

Budget pacing, portfolio-level optimization

Real-time data feeds to adjust bids on the fly

🧠 In Short:
Yes — third-party platforms can significantly enhance bid optimization by incorporating customer journey insights, advanced attribution, and cross-channel intelligence, which Microsoft Ads alone may not fully capture.


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