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Time to read: 2 min

ChatGPT brings in new ways to buy ads

ChatGPT

Advertisers can now buy and sell ads with a beta self-serve Ad Manager, while new tools can help optimise campaigns.

ChatGPT is introducing cost-per-click (CPC) bidding with expanded measurement tools for advertisers within the ads pilot.

This is aimed at making it easier for businesses to run their ads while still keeping the experience private, useful, and separate from ChatGPT’s traditional answers.

Ads are becoming more integrated within the platform, with infrastructure being established to make the advertising process as easy as possible.

The new tools will help advertisers to better understand their campaign performance by sharing conversations and personally identifiable information (PPI) with advertisers. ChatGPT recently expanded its ad pilot to introduce CPC pricing structure, which was the natural next step in developing the advertising infrastructure.

OpenAI has been collaborating with the big five advertising agencies – Omnicom Group, Dentsu, Publicis Groupe, and WPP – and adtechs including Criteo, StackAdapt, and Adobe, to create a seamless and tailored experience for advertisers.

In the US, advertisers will now be able to sign up and purchase ads directly to appear in ChatGPT with Ads Manager. Advertisers can use these partners and tools to help support campaign budgeting, bidding, and the creative – while OpenAI’s ads system handles all delivery decisions.

This is especially useful for smaller businesses that can’t afford to outsource their ad-buying capabilities to the big network agencies. By going through widely used agencies and adtech companies, advertisers can easily utilise tools they are familiar with.

The Ads Manager will incorporate new measurement tools to make it easier for advertisers to optimise and analyse their campaigns.

“As people turn to ChatGPT to explore what they may need, evaluate options, and make decisions, we see an exciting opportunity to help them discover relevant products and services through ads,” the company said in a statement.

“Over time, we plan to continue to evolve our ad platform with new formats, objectives, and capabilities to help businesses reach customers in useful and relevant ways and provide opportunities for businesses of all sizes to grow and thrive.”

The $50,000 minimum spend for advertisers to test their campaigns is also being removed, making it more accessible for a wider range of businesses and audiences.