We live in an era that is rich in information, so much so, that we are even spoilt for choice in how we choose to consume it. The challenge for digital publishers is deciding the best platform to present content bearing in mind how users’ habits have changed. There used to be a time not so long ago where the media and the general public were both figuring out the internet. Online became a new place where physical, printed media was replicated onto the world wide web. This was how traditional publishers could tap into their readers’ initial new habits by providing their content online. Very quickly, these now online publishers realized that their traditional readers were evolving. Over the years, as physical turned digital, readers became website visitors. With the advent of new ways to engage their audience, these visitors then became users.
Viewability is a key component of any successful monetization strategy in the context of real-time bidding. With all the industry developments in recent years, it’s importance has magnified even further, forcing publishers to put more emphasis on view frequency. This, however, brings a new challenge for webmasters who are utilizing a mix of different tactics to maximize their profits. Let’s explore one such example and take a deeper look at the relationship between viewability and ad refresh technologies.
RTB; The Evolution of Programmatic Advertising The advent of RTB (Real-Time Bidding) in the late 2000’s changed the way digital publishers monetized their ad space forever. Auctions were introduced, enabled by technology, to bid on an impression-by-impression basis. Thus, replacing sequential CPM paid directly for ad space or fixed fee, sponsorship-focused strategies replicating print advertising. These auctions rely on a bidding system but unlike real-life auctions, where the highest bid wins after a series of bids, here, all bids happen at the same time. Traditionally, with a real-time auction, the highest bidder would, of course, win, however, only paying what the second-highest bid was.
Chances are you will have already seen an instream video ad today. This type of advertising is hugely popular and very lucrative, with demand definitely outweighing supply. Instream video ads appear before (pre-roll), during (mid-roll) or after (post-roll) video content. The most familiar example of this type of advertising that you would see in your everyday life is when you watch videos on YouTube. These types of video ads vary in length depending on the device and platform they appear on, from 6 seconds to 1 minute. The standard lengths used in typical instream video ads are 15 or 30 seconds, very much reflecting linear TV advertising. This makes it easier to produce as a TV ad can be converted into an instream video ad to be displayed online on websites. The monetization of instream video ads, as with most other video advertising, is based on a CPM or a CPV pricing model. While you may be familiar with CPM, CPV on the other hand bases the cost around the completed video view as opposed to the impression.
Producing engaging content should be the top priority for publishers at pretty much all times. While it may be difficult to pinpoint what exactly that consists of, it’s without a doubt the make-or-break factor for any digital media business. A lesser known fact among industry circles is that you can actually generate way more revenue with even half the traffic, if you manage to attract an audience with high and frequent on-page actvity. In short, the higher the user engagement with your content, the more traffic your website generates and the higher your revenue opportunities are going to be.
Nowadays, web users around the globe largely accept videos as their primary source of information, education, and of course entertainment. Videos are easy to consume, grab people’s attention and perform better than pretty much any other type of advertising or content throughout the entire ecosystem. Not a lot of other formats have been аs successful and video has become an essential part of marketers’ toolkit for branding purposes, driving engagement and expanding their reach across the web. Consequently, that creates great monetization opportunities for publishers, but what about those who aren’t using video as their medium of choice? Luckily there’s an answer. Outstream video allows media owners to cash in on content in pretty much any format.
When it comes to digital media monetization, running efficient and reliable Advertising Operations is an absolute necessity for success. That means quick response times, constant knowledge improvement, bulletproof troubleshooting and (naturally) a steady uplift in ad revenue. Finding such a team, however, can be quite the challenge and it begs a common question – is better to hire or outsource your Ad Ops? Let’s find out.
Nowadays the digital publishing industry is taking users’ consent more seriously. With the enforcement of GDPR, ePrivacy Directive and, CCPA online businesses had to readjust the way data from internet users is collected, used and stored. It became highly advisable (and in some cases obligatory) for online businesses to adopt a system that is notifying the web consumers and requiring their consent for collecting their data during their visit. This is where a CMP (a.k.a Consent Management Platform) comes to the rescue, especially for large scale digital properties with high volumes of traffic, where the adoption of a far more structured approach is required.
If you’re in the online content business whether it be a website publication, video or mobile app, you’ve probably already had a taste of programmatic monetization. Digital advertising has a lot to offer, however, things can get quite daunting the more you get into the finer details of the industry. So, in this piece, we’ll be deciphering acronyms and buzzwords like CPM, impressions, ad requests, etc. to help you understand the basics of ad monetization so that you can take the next step in making money through web publishing.
If you’re an avid publisher, chances are you’re already familiar with native advertising and its intricacies. That said, today native is as relevant as ever, so it’s definitely worth reconsidering in case you haven’t explored the ad format yet. Let’s have a quick reminder of the basics and summarize the benefits of adopting native ads into your monetization strategy.