Showing posts with label IAB. Show all posts
Showing posts with label IAB. Show all posts

Thursday, December 18, 2014

IAB: 100% Viewability "Unreasonable"

The trade body says in its new statement that it’s "unreasonable" to achieve 100 percent viewability due to the limitations of current technology. So what measurement challenges do advertisers have?
In its newly released State of Viewability Transaction 2015 statement, the Interactive Advertising Bureau (IAB) says that the achievement of 100 percent viewability is "unreasonable" for the time being. Instead, the trade body suggests that the current viewability measurement can vary as widely as 30 percent to 40 percent.
The IAB statement labels 2015 a "year of transition," when the whole digital marketing ecosystem, including advertising agencies, publishers, marketers, and tech vendors, should work together to build trust and implement the ad viewability measurement program that was initiated by the Media Rating Council (MRC) and other key industry organizations in March of this year.
It reiterates the MRC's October statement that it's "unreasonable for advertisers, agencies, and publishers implementing viewable impressions as measurement currency to expect to observe viewable rates of 100 [percent] in analyses of their campaigns."
"It's time to set the record straight about what is technically and commercially feasible, in order to get ourselves on an effective road to 100 percent viewability and greater accountability for digital media," Randall Rothenberg, president and chief executive (CEO) of the IAB, said in a separate statement. "The MRC said it best - 100 percent is currently unreasonable. Why? Because, different ad units, browsers, ad placements, vendors, and measurement methodologies yield wildly different viewability numbers."
Brian Mandelbaum, CEO of Clearstream, an online platform that aims to help advertisers increase online video ad viewability, thinks there are two main measurement challenges preventing advertisers from achieving 100 percent viewability.
The first issue is that the way the ad-tech ecosystem is built doesn't allow advertisers to see an ad impression that runs on a page.
And the second challenge, Mandelbaum says, is that advertisers depend on publishers to deliver the viewability, where publishers actually don't have full control. "It's true that they purchase ads through programmatic or directly from publishers. But it's the user, the person who is actually watching the ad, who decides whether or not to keep that impression in view," he explains.
For example, a consumer may not necessarily watch a 30-second pre-roll video ad the whole time. Instead, the consumer may be multitasking while watching the video ad.
"So in that case, the publisher does a really great job in getting that impression on your eyeball. However, you are the consumer who can take the ad out of your view," Mandelbaum says.
In order to achieve the highest possible levels of viewability, the IAB suggests in its statement that in 2015, measured impressions should be held to a 70 percent viewability threshold. And determination of threshold achievement is based on total campaign impressions, rather than on each line item. Therefore, if some line items do not achieve the 70 percent threshold, other elements in the campaign can make up for it.
But Mandelbaum thinks the IAB should have put more weight on video ads in its statement.
"I want to point out that this is a really general and broad statement on viewability from the IAB. It really doesn't think about the specific nature of video," he notes. "To ask someone to watch 100 percent of a video ad, is it achievable? Sure, it is. Is it difficult? Absolutely. Because you need to rely on that person's full attention for 30 seconds."
"So I think the IAB needs to make sure the marketplace understands that 100 percent viewability is more attainable in an online display ad landscape than a video landscape, because of the amount of time and attention you need to get that full impression," Mandelbaum adds.

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Friday, April 19, 2013

Search Ad Revenues Hit Record $16.9 Billion in 2012 [Report]


Search ad revenues once again broke records in 2012. Search remained the revenue leader at $16.9 billion, accounting for 46 percent of all Internet advertising revenue, although this figure doesn't even include mobile search ads in the Internet Advertising Bureau's 2012 report.
top-ad-formats-2011-2012-iab
In 2011, search advertising accounted for $14.8 billion (46.3 percent of all digital advertising).
The IAB noted this year's 14.5 percent increase in revenue was "slightly below the overall industry growth of 15.2%, likely due to a shift to Mobile Search, now captured in the Mobile format."
The new Mobile advertising format ($3.4 billion, 9 percent of revenues) basically lumps together any ads that appear on mobile devices (smartphones, feature phones, and tablets), including display, text messaging, search, and audio/video ads. So while "search" was "slightly below" industry growth, it's likely due to the IAB's own format change.
quarterly-revenue-growth-1996-2012
Overall, the IAB reported total U.S. advertising profits of $36.6 billion for 2012 – up from $31.7 billion in 2011. Also noteworthy: Q4 2012 revenues surpassed $10 billion for the first time.
Elsewhere, display advertising revenues accounted for $12 billion (33 percent) of revenues in 2012, up from $11.1 billion (dropping from 34.8 percent overall) in 2011.
The IAB's numbers come from its twice annual Internet Advertising Revenue Report. IAB officials sponsor the study, which is performed independently by the new media group PricewaterhouseCoopers (PwC).

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Saturday, October 13, 2012

IAB Report Shows Search Still Accounts for Lion’s Share of Online Ad Revenue


The Interactive Advertising Bureau (IAB) has released its first half of 2012 Internet Advertising Revenue Report conducted by PricewaterhouseCoopers and it is good reading.
Considering our audience it will please you to know that despite cries of the death of SEO and the move to social leaving all other ad forms behind, search still accounts for 47% of the ad revenue from the Internet space as measured in this report. The report states ‘Search revenues totaled $4.1 billion in Q2 2012, up 17% from Q2 2011, when Search totaled $3.5 billion’. Sounds healthy to me.
Here is a breakdown v. last year’s results. Notice the move made by mobile.

Thursday, August 16, 2012

2013 Digital Strategy Best Practices for Your Business

Image representing IAB as depicted in CrunchBase


Investment in digital continues to soar! When the IAB released the IAB Internet Advertising Reportfor the full-year 2011, it demonstrated impressive 22 percent year-over-year growth for digital marketing and offered further excitement for digital marketers operating in just about every marketing channel out there.
According to the IAB report, investments increased across the board:
  • Investments in mobile, the fastest growing of all categories, increased 149 percent
  • Digital video grew 29 percent, up to $1.8 billion in 2011 revenue
  • Search revenues increased 27 percent to $14.8 billion in 2011
  • Display retargeting grew 15 percent
The problem with these soaring investments is that they hint at a potentially huge problem in the marketing departments of brands across the globe. While spend grows fast within channels, most brands still fail to take a holistic approach to managing digital marketing, and that causes gaping inefficiencies.
According to “Integrate to Accelerate Digital Marketing Effectiveness,” a study released May 29, 2012 by the Chief Marketing Officer (CMO) Council, just 9 percent of the global marketers surveyed say they have a highly evolved digital marketing model with a proven and clear path of evolution. Simultaneously, 36 percent report a random embrace of marketing point solutions that aren't well integrated or unified.
Marketers focus a great deal of importance on scalability. When they select a bid management technology for their paid search efforts, for example, most marketers understand that solution will likely need to manage larger campaigns next year than it will be managing right out of the gate. What marketers often overlook is a technology’s ability to adapt.

Making Information Available

It’s what we all do. We make sure people can find the data and information they need wherever they seek it.
We use paid search ads to make data available about the products and services we offer. We leverage search engine optimization and local tactics to ensure consumers near our locations can find our stores, offices and businesses. We deliver local deals and promotions to the palms of nearby consumers’ hands via mobile.
The examples are endless, but they all accomplish the same basic task of connecting consumers with the information, data, products, directions or other resources they seek.
All sorts of problems arise, however, when each marketing channel manages data in its own silo. Duplicate information about store locations, products and countless other types of critical business information turns into misinformation. Maintaining data accuracy and integrity takes four times as long when four different channels manage information independently.

Unifying a Single Data Source

Eventually, marketers will want every piece of data housed in a single location. They’ll keep that data clean, versatile and accurate, and it will fuel everything from local search to display to voice search to paid search to SEO. Someday it may even power digital billboard advertising, neurological advertising or any other futuristic marketing application you can dream up. We’re not there yet, but marketers shouldn’t wait for the holy grail.
Marketing automation tools already help brands maintain unified, clean sets of data that can be shared through many marketing channels. Huge strides have been made in recent years, particularly in the areas of SEO and local search.
Some of the world’s top brands are adopting marketing automation technologies that leverage one clean, unified data set to accomplish amazing things with simple and drastically reduced workloads. Take location information, for example. CMOs are tapping marketing automation technology to empower hundreds or thousands of local dealers, agents, franchises and retail stores to simply and effectively run promotions and keep their location and contact information visible and accurate.
The systems house data in one spot for simple and effective updates to be made, and they turn these updates over to website location pages, mobile pages, Google+ Local pages, Facebook pages, Bing Local pages, directories, ratings and review sites, and more.
A unified data source can go a long way to ensure consistent branded experiences for consumers across all digital touch points. With the right automation technology, organizations can leverage adaptive models to enable quick testing and adoption of new marketing channels as they emerge. As new applications for data emerge, some of these tools will evolve right along with the industry, plugging marketers in quickly and effectively. The benefits are both numerous and substantial.

Advocating for Change

Maybe this all sounds well and good but seems like it might be someone else’s problem to solve. After all, what’s a search marketer supposed to do about all these holistic technology and data management issues?
For starters, care about making a difference and start in your own silo. You can play an active role in tearing down some of those walls. If you work in paid search, for example, start collaborating more with SEO and vice versa.
After you’ve torn down some of your own silo walls, consider going further by encouraging:
  • Investment in technologies that evolve with consumer behavior and cater to emerging technologies, gadgets and resources
  • Moving ever closer to a single source of unified location, inventory, product and other critical data
  • Adoption of content management and distribution systems that save time while boosting accuracy and visibility
  • Cross-channel optimization and analysis to improve effectiveness and accountability

Remembering Tomorrow as You Plan for Today

Clearly, we all need resources that help us accomplish this year’s goals most effectively, but today’s great performance and tomorrow’s growing success don’t have to be mutually exclusive. The more we can unify efforts and technologies across marketing channels the more effective we can all become and the more success we can help our brands achieve.
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