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What's needed for an advertiser to set up a video ad campaign?

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What's needed for an advertiser to set up a video ad campaign?

 A)  A YouTube video
 B)  A conversion rate of at least 5% on the Google Search Network
 C)  A budget for creating professional video ads
 D)  A base AdWords budget in addition to pay-per-click costs

Explanations:

In order to run video ads you need to have a video ad uploaded directly in YouTube