Paid search and paid social are two forms of online advertising targeting different platforms and adopting separate strategies.
Paid search is when you place ads within the SERPs on search engines such as Google or Bing. Advertisers use Google Ads to bid on relevant keywords to their product or service and their ad will appear when a user searches for those keywords. Advertisers will pay every time a user clicks (pay-per-click or PPC), with the cost per click (CPC) varying based on keyword competitiveness.
Paid social is placing ads on different social media platforms like Facebook or Instagram. These ads appear in users’ social feeds alongside organic content and the targeting options are advanced, meaning you can target users based on demographics, interests, connections and more. Paid social ads come in various formats, including image ads, video ads, carousel ads, slideshow ads, and sponsored content.