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     <title>How valuable shoppers use search in their journeys</title>
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       Reach these customers with a $100 ad credit.*                                                
        
        </div ><div style="font-size:1px;color: #FFFFFF;display:none;line-height:1px;max-height:0px;overflow:      hidden;">    ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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                            Reach these customers with a $100 ad credit.*
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                            <br>
                            View as <a target="_blank" href="https://view.email.microsoftemail.com/?qs=850f02cb4908e2378a69e17108579f02b1adab450cea546e3bca8eb9f5f3514b86c9969b15fb0addba17c1911ce15ea22a71ab62ecd706646bb7e7ca29794a12d8efe18107a9c850c4f537048e4714abc31595aa3b0a91b3" style="color:#0078D7; text-decoration:underline">
                            web page</a>.</td>
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                                  <a target="_blank" href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabc8ff19f64b3d6b2585adcf8f623f3830f4648102a9b9905c80c12566577f5ab88f372637de8216ae074f45fb037a4f931241dfa7a3591e92b" ><img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/12ddfe8d-51fa-4e5b-b439-aca6a6bd3c55.png" alt="Microsoft Header Logo." width="128" style="display:block;border:none;" class="header-logo"></a>
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                              Hello
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                      <!--[if gte mso 9 | (IE)]>                         </td></tr></table>                       <![endif]--></td></tr></table>
                       
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          <td valign="top" align="left" style="font-family:'Segoe UI',Segoe,Arial,sans-serif;mso-line-height-rule:exactly;text-align:center;">
            <p style="font-size:26px;color:#000000;Margin:0;" class="font-size-eyebrow">Microsoft Advertising</p>
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              <div style="mso-line-height-rule:exactly;font-size:275px;line-height:1em;letter-spacing:-5px;margin:0;color:#8661c5;" class="font-size-hero-headline-1">5</div>
              <div style="mso-line-height-rule:exactly;font-size:38px;line-height:1.21em;margin:0;color:#8661c5;" class="font-size-hero-headline-2">Ecommerce Personas <br>You Should Know</div>
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        <tr>
          <td valign="top" align="left" style="font-family:'Segoe UI',Segoe,Arial,sans-serif;font-size:24px;line-height:1.34em;color:#000000;text-align:center;padding-top:50px;">
            <p style="margin:0 30px;" class="xmargin-0">Online shopping journeys cross a number of channels—none more than search. Here are five valuable shopper personas and insights on how your business can reach them.</p>
          </td>
        </tr>                                  
        <!-- CTA -->
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          <td valign="top" align="center" style="padding-top:50px;padding-bottom:25px;">
            <div style="margin:0;">
              <table role="presentation" border="0" cellpadding="0" cellspacing="0" style="border-spacing: 0;table-layout:auto;" class="btn-container">
                
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                  <td style="padding:11px 25px; background-color:#8661c5;font-family:'Segoe UI',Arial,sans-serif;" class="btn mobile-text-center"><a href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabc052d1ee3373fddf8ea07c49dd51f354ab0840a3b639e67aab222d6c3bfebeadc64425b34309b487128ae87b8fdd8a269fe3ba4078ef8716b" style="font-size:20px;line-height:1.4em;color:#ffffff;text-decoration:none;" target="_blank" >Learn more ></a></td>
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        <!-- // CTA -->
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      <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/51c342eb-1672-4e76-8436-ef6ad1fde273.png" width="100%" alt="Five unique shoppers." style="display:block;border:none;">
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                       <!-- // Hero -->
                       <!-- Submodule - Secondary -->
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                         <td valign="top" bgcolor="#8661c5" style="padding:50px 0 75px 0;">
                     <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table role="presentation" border="0" cellspacing="0" cellpadding="0" width="100%" style="">
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      <div>
        <h2 style="font-size:42px;font-weight:600;line-height:1.2em;color:#ffffff;margin:0;" class="font-size-secondary-headline">Researchers</h2>
        <p style="margin:1em 0 0 0;">Shoppers rely on search to conduct their research, explore options and validate purchase decisions.</p>
      </div>
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            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/60e632d2-14cb-46bb-a575-2859127bc370.png" width="77" height="77" alt="Laptop icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">45% of electronics shoppers used search ahead of visiting a brand's website.<sup>1</sup></p>
          </td>
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            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/744a333e-df7d-4706-bbee-614f8156b37e.png" width="77" height="77" alt="Shopping tag icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">Shoppers who use search have an 82% greater probability of purchasing electronics on brand sites.<sup>1</sup></p>
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      <div>
        <h2 style="font-size:42px;font-weight:600;line-height:1.2em;color:#ffffff;margin:0;" class="font-size-secondary-headline">Comparison shoppers</h2>
        <p style="margin:1em 0 0 0;">Shoppers like this tend to browse and compare multiple brands before making a final purchase decision.</p>
      </div>
      <table role="presentation" align="left" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
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            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/0d8fc9a1-4c2a-4a71-8d83-1f3ffdc7515c.png" width="77" height="77" alt="Search icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">22% of electronics purchasers use non-brand terms on search engines to find their gear.<sup>1</sup></p>
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        </tr>
      </table>
      <table role="presentation" align="right" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/660a0e28-d873-4b73-afbf-f87ff537de3a.png" width="77" height="77" alt="Ribbon icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">Health & Beauty search terms with Comparison/Review info had a 52% conversion rate.<sup>2</sup> Stand out with <a target="_blank" href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabcbb673fe5d000a85164f1382e75dd5d438d497494278ff75e93e6675b3bac5377133e461f9b5669995c4f6e69c2533f21b742481854e9065d" style="color:#ffffff;text-decoration:underline;">Review Extensions</a>.</p>
          </td>
        </tr>
      </table>
    </td>
  </tr>
  <!-- // Section -->
  <!-- Section -->
  <tr>
    <td valign="top" align="left" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding:50px 25px 0 25px;" class="xpadding-0">
      <div>
        <h2 style="font-size:42px;font-weight:600;line-height:1.2em;color:#ffffff;margin:0;" class="font-size-secondary-headline">Social butterflies</h2>
        <p style="margin:1em 0 0 0;">Shoppers who use search and social together are high-value targets for businesses.</p>
      </div>
      <table role="presentation" align="left" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/a932c366-b413-4bdf-bbd0-f9926a0617b1.png" width="77" height="77" alt="Dollar bill icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">50% of them spent more than $250 USD online in the past three months.<sup>3</sup></p>
          </td>
        </tr>
      </table>
      <table role="presentation" align="right" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/3105e561-cb7b-4e31-9505-68006e1e9146.png" width="77" height="77" alt="Megaphone icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">They are 9% more likely to act as brand advocates than overall consumers.<sup>3</sup></p>
          </td>
        </tr>
      </table>
    </td>
  </tr>
  <!-- // Section -->
  <!-- Section -->
  <tr>
    <td valign="top" align="left" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding:50px 25px 0 25px;" class="xpadding-0">
      <div>
        <h2 style="font-size:42px;font-weight:600;line-height:1.2em;color:#ffffff;margin:0;" class="font-size-secondary-headline">Multi-taskers</h2>
        <p style="margin:1em 0 0 0;">Like you, shoppers often do many things at once. Luckily, <a target="_blank" href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabc7b222888526f3d4e05e8c67d1a0f04e66935bf76892cf5dbccfc7769d594cebda524d0875ddfc47ec1c34c2b6543d27d97b2fd105f64642d" style="color:#ffffff;text-decoration:underline;">In-market Audiences</a> allows you to target these multi-taskers wherever their journey takes them.</p>
      </div>
      <table role="presentation" align="left" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/3546cf8e-bf50-4ddf-a0d4-8b852d35bfa9.png" width="77" height="77" alt="Game controller icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">39% of Sports & Fitness searchers are also shopping for a Game Console.<sup>4</sup></p>
          </td>
        </tr>
      </table>
      <table role="presentation" align="right" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/d34a8e1b-37ed-412f-b18c-9e48daf74973.png" width="77" height="77" alt="Airplane icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">27% of Home & Garden searchers are also looking for Travel.<sup>4</sup></p>
          </td>
        </tr>
      </table>
    </td>
  </tr>
  <!-- // Section -->
  <!-- Section -->
  <tr>
    <td valign="top" align="left" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding:50px 25px 0 25px;" class="xpadding-0">
      <div>
        <h2 style="font-size:42px;font-weight:600;line-height:1.2em;color:#ffffff;margin:0;" class="font-size-secondary-headline">Amazon loyalists</h2>
        <p style="margin:1em 0 0 0;">Even when shoppers plan to make purchases on Amazon, they use search to make product decisions.</p>
      </div>
      <table role="presentation" align="left" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/eb95f5fe-7961-4d31-b50d-904366737cfe.png" width="77" height="77" alt="Two map pins with dashed line route between them icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">77% of Amazon shoppers use search engines as part of <span>their overall</span> shopping journey.<sup>5</sup></p>
          </td>
        </tr>
      </table>
      <table role="presentation" align="right" border="0" cellspacing="0" cellpadding="0" width="44%" style="" class="width-100">
        <tr>
          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:18px;line-height:1.45em;color:#ffffff;text-align:center;padding-top:25px;">
            <img border="0" src="https://image.email.microsoftemail.com/lib/fe61157075630774741d/m/9/5bbf5bbf-67fe-4463-97ae-b8cbe4f1ffb1.png" width="77" height="77" alt="Shopping cart icon." style="display:block;border:none;margin:0 auto;">
            <p style="margin:1em 0 0 0;">Amazon shoppers conducted 11.8 searches during <span>their overall</span> shopping journey.<sup>5</sup></p>
          </td>
        </tr>
      </table>
    </td>
  </tr>
  <!-- // Section -->
  <!-- Margin Wrapper End -->
  </table><!--[if (gte mso 9) | (IE)]></td></tr></table><![endif]--></td></tr>
  <!--// Margin Wrapper End -->
</table></td></tr></table>
                         </td>
                       </tr>
                       <!-- // Submodule - Secondary -->
                       <!-- Submodule - Support -->
                       <tr>
                         <td valign="top">
                       <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table role="presentation" border="0" cellspacing="0" cellpadding="0" width="100%" style="">
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    <td valign="top" bgcolor="#000000">
      <table role="presentation" border="0" cellspacing="0" cellpadding="0" width="100%" style="">
        <tr>
          <td valign="top" align="center" style="padding:75px 25px 75px 25px;">
            <!--[if (gte mso 9) | (IE)]>               <table role="presentation" border="0" cellspacing="0" cellpadding="0"><tr><td style="width:500px;">             <![endif]-->
            <table role="presentation" border="0" cellspacing="0" cellpadding="0" width="100%" style="max-width:500px;">
              <tr>
                <td valign="top" align="left" style="font-family:'Segoe UI',Segoe,Arial,sans-serif;">
                  <h2 style="font-size:42px;line-height:1.2em;color:#FFFFFF;font-weight:600;margin:0 40px;text-align:center;" class="xmargin-0 font-size-secondary-headline">Ready to reach valuable shoppers?</h2>
                </td>
              </tr>
              <tr>
                <td valign="top" align="left" style="font-family:'Segoe UI',Segoe,Arial,sans-serif;font-size:18px;line-height:1.45em;color:#FFFFFF;text-align:center;">
                  <p style="margin:2em 30px 0 30px;" class="xmargin-0">Let’s put these insights into action, together. Get $100 in free advertising when you spend $25.</p> <br><strong>COUPON CODE: 6378F26C725B479E</strong> 
                </td>
              </tr>
              <tr>
                <td valign="top">
                  <!-- CTA Left -->
                  <table role="presentation" border="0" align="left" cellspacing="0" cellpadding="0" style="width:48%;" class="btn-container">
                    <tr>
                      <td valign="top" style="padding-top:50px;">
                        <table role="presentation" border="0" cellspacing="0" cellpadding="0" style="width:100%;">
                          <tr>
                            <td valign="top" bgcolor="#FFFFFF" style="font-family:'Segoe UI',Segoe,Arial,sans-serif;padding:11px 10px;text-align:center;">
                              <a href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabc46dcc66296e4aa5577d322e8a44c9211844a9e3b4d72ece6fa898df40dfd5898ce0ae654a62a9a46606037967d3f4f74506f36530a81e656" style="font-size:20px;line-height:1.4em;color:#000000;text-decoration:none;" target="_blank" >Claim your $100 ></a>
                            </td>
                          </tr>
                        </table>
                      </td>
                    </tr>
                  </table>
                  <!-- // CTA Left -->
                  <!-- CTA Right -->
                  <table role="presentation" border="0" align="right" cellspacing="0" cellpadding="0" style="width:48%;" class="btn-container">
                    <tr>
                      <td valign="top" style="padding-top:50px;" class="padding-top-25">
                        <table role="presentation" border="0" cellspacing="0" cellpadding="0" style="width:100%;">
                          <tr>
                            <td valign="top" bgcolor="#FFFFFF" style="font-family:'Segoe UI',Segoe,Arial,sans-serif;padding:11px 10px;text-align:center;">
                              <a href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabc2b65de5f4add134c551c17743b5d74401371eb443dfc588f302b4cf524c707a281e993cd11d2f22dd860dda1263442b0a7e14905dacf4834" style="font-size:20px;line-height:1.4em;color:#000000;text-decoration:none;" target="_blank" >Get expert support ></a>
                            </td>
                          </tr>
                        </table>
                      </td>
                    </tr>
                  </table>
                  <!-- // CTA Right -->
                </td>
              </tr>
            </table>
            <!--[if (gte mso 9) | (IE)]>               </td></tr></table>             <![endif]-->
          </td>
        </tr>
      </table>
    </td>
  </tr>
</table></td></tr></table>
                         </td>
                       </tr>
                       <!-- // Submodule - Support -->
                     </table></td>
                   </tr>
                   <!-- // Main -->
                   <!-- Disclaimer -->
                   <tr>
                     <td valign="top" align="center" style="background-color:#EEEEEE;padding:20px 25px 10px 25px;">
                       <table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><!--[if (gte mso 9) | (IE)]>                         <table role="presentation" border="0" cellspacing="0" cellpadding="0" align="center"><tr><td style="width:500px;">                       <![endif]-->
                      <table align="center" role="presentation" border="0" cellspacing="0" cellpadding="0" width="100%" style="max-width:500px;">
                        <tr>
                          <td valign="top" style="font-family:'Segoe UI',Arial,sans-serif;font-size:10px;mso-line-height-rule:exactly;line-height:1.4em;color:#666666;text-align:center;letter-spacing:-0.5px;" class="font-disclaimer">
                            <p style="margin:0 0 0 0;" class="mso-lineheight-xs">*Offer expires June 15, 2022. See <a target="_blank" href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabcf8112bc1290aaff51204c716626934692793a1ab6c6ca674e90e20060df77950cd61bc820f05ea1f3c3591bc4910a86b1d73dbb7fdf9530a" style="color:#666666;text-decoration:underline;">Offer Details</a> for terms and conditions.</p>
                            <p style="margin:0.6em 0;" class="mso-lineheight-xs">How to redeem your offer: Before you can redeem your promotional offer, you must sign up with Microsoft Advertising, then indicate a primary payment method for your account.</p>
                            <p style="margin:0.6em 0;" class="mso-lineheight-xs">
                              <sup>1</sup>Based on apparel related search terms conducted 5 minutes prior to apparel related visits to brand sites.<br>
                              Online Electronics Shopping Behavioral Analysis; Microsoft Advertising Marketing Intelligence, September 2019, J. Randolph.<br>
                              Source: Luth Research ZQ Intelligence™ Passive Metering Panel Data.
                            </p>
                            <p style="margin:0.6em 0;" class="mso-lineheight-xs">
                              <sup>2</sup>Online Health & Beauty Shopping Behavioral Analysis; Microsoft Advertising Marketing Intelligence, September 2019, J. Randolph.<br>
                              Source: Luth Research ZQ Intelligence™ Passive Metering Panel Data.
                            </p>
                            <p style="margin:0.6em 0;" class="mso-lineheight-xs">
                              <sup>3</sup>Why Search + Social = Success For Brands.<br>
The Role Of Search And Social In The Customer Life Cycle.<br>
Source:A Forrester Consulting Thought Leadership Paper.<br>
Commissioned By Catalyst, Part of GroupM Connect April 2016.
                            </p>
                            <p style="margin:0.6em 0;" class="mso-lineheight-xs">
                              <sup>4</sup>Microsoft Internal Data; April 2020; Countries: Global.<br>
                              In order for a user to be considered "overlapping" across two In-Market segments, they must have been exposed to an ad by an advertiser targeting that audience in the associated time frame, currently monthly.
                            </p>
                            <p style="margin:0.6em 0 0 0;" class="mso-lineheight-xs">
                              <sup>5</sup>Overall Shopping Journey = all the search engine searches and visits to brand sites, Amazon, and other key electronics related retailers during a journey to buy an electronics item. A typical journey averages 4-6 weeks.<br>
Online Electronics Shopping Behavioral Analysis; Microsoft Advertising Marketing Intelligence, September 2019, J. Randolph.<br>
Source: Luth Research ZQ IntelligenceTM Passive Metering Panel Data.
                            </p>
                          </td>
                        </tr>
                      </table>
                      <!--[if (gte mso 9) | (IE)]>                         </td></tr></table>                       <![endif]--></td></tr></table>
                     </td>
                   </tr>
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                      <!--[if (gte mso 9) | (IE)]>                         <table role="presentation" border="0" cellspacing="0" cellpadding="0" align="center"><tr><td style="width:500px;">                       <![endif]-->
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                            <p style="Margin:0;" class="mso-lineheight-xs">Please do not reply to this email, which was sent from an unmonitored mailbox. <br>Please contact <a target="_blank" href="https://click.email.microsoftemail.com/?qs=b94f7b0b5e0acabcb284b7cff838533b04592260216b7c9824cd50af2d8937c4d2ba497c2629605608492e1c8de542e33ea63dc325ad3f7d45349377aba08d74" style="color:#666666;text-decoration:underline;"><span style="color:#666666;text-decoration:underline;">Microsoft Advertising</span></a> if you have any questions.</p>
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                      <!--[if (gte mso 9) | (IE)]>                         </td></tr></table>                       <![endif]-->
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