Introducing Outcome based buying, where we can move away from the standard buying model, to one that focuses on performance metrics. Before that, let's walkthrough the traditional CPM buying model that we're all used to. CPM has been the only transaction mode for Programmatic for the longest time. That is because OpenRTB - the technology that powers most Programmatic campaigns - only supports CPM. So, for any platform or vendor to provide an alternative transaction mode such as CPC/CPV or outcome based buying as it’s termed, they must take on the risk of buying in CPM, optimizing to a desired outcome, and selling it at the committed rate. Traditionally, in order to buy media based on performance: there are 2 categories within the outcome based buying model: 1. Transparent self-service end-to-end campaign management 2. Non-transparent managed service With DV360 entering the Outcome Based Buying market, it is huge news as it signals the maturity of Programmatic buying. At the same time, it forms a 3rd category of a transparent self-service platform that doesn’t control the end-to-end process of buying & selling ads. Read on to learn more about DV360's outcome based buying.
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In 2020, eMarketer reported $378.16 billion in digital ad spend globally despite the pandemic. In this massive market, advertisers are constantly trying to get users' attention every single time, but how do they determine whether their ads can be seen? We are a deep-dive on this fundamental metric: viewability. The term viewability was coined at least nine years ago. While the standardisation of what constitutes "a view" was a game-changer to the advertising industry, it also resulted in many varying interpretations and inconsistencies. In this post, we hope to debunk viewability myths and explore how to be more accurate in reporting viewability for a campaign.
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As part of our Day in the Life series, we talk to programmatic specialists in the...
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Programmatic Traders are essential in today’s age where Programmatic as a channel continues to grow and evolve at neck-breaking speed. As a result, there is high demand for Programmatic talent, given how rapidly this role has transformed. The role is no longer restricted to the typical media agencies; but brands and publishers alike are also in the market for such talent as they look to be self-sufficient in Programmatic. Having said all of that, you might have encountered the Programmatic Trader role during your job hunt. Ever wondered what a typical day of a Programmatic Trader looks like? In this article, part of the A Day in the Life series, we talked to a Programmatic Specialist in a digital media agency. We give some insights on on how a typical day looks like. Click on the link to read on!
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There are many glossaries related to programmatic out there, but we've come up with our own version by incorporating industry standards and our experience to help you start. This is a living post and will be updated sporadically whenever there are new terms that emerge.
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Buying media “programmatically” involves an aspect that is unique to its field where we are able to transact media in different ways. Understanding different ways of transacting media, or as we call “inventory types”, help us to become smarter about how we can maximise value from programmatic buys. Being able to grasp this concept is also critical to help us learn to optimise our supply paths.
Read More"Unboxed" is a series aimed to simplify some of common terms in the advertising industry.
Read MoreNaming convention is the backbone of digital marketing. If you're already working in an agency or a brand, chances are your team would already have a naming convention in place.
Read MoreWith most of people now either working from home or are serving their quarantine/stay-home notice, there are plenty of digital marketing and programmatic online courses to productively utilise your spare time.
Read MoreAs a programmatic trader/specialist, you will be managing multiple campaigns with varying KPIs. When the volume of campaigns gets larger, it is gets more challenging to monitor the campaigns and ensure that all of your campaigns are pacing well, in terms of flight and performance. To make things even more difficult than it already is, some clients have multiple KPIs to meet, and as a programmatic trader, you are answerable and accountable for the results promised to the clients.
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