The role of advertising networks
Mobile’s share of ad spend doubles in a year! Fuelled by smartphone ownership reaching over two-thirds (68%) of the UK population in June 2013, mobile advertising grew like-for-like by 127% to £429.2 million in the first half of 2013 from £188.1 million in the first half of 2012. Mobile now accounts for 14.1% of all digital advertising spend – nearly double the 7.2% for the same period last year. As 4G networks begin to roll out, mobile video advertising grew sharply, up 1,260% from £1.7 million in the first half of 2012 to £23.0 million in the first half of 2013.
Advertising networks have played an increasing role in advertising as online advertising grew. An advertising network (ad network) is an online system that specializes in matching up advertisers to publishers. With the popularity of mobile apps, many mobile apps are looking to host advertisements to monetise their users. Mobile Advertising networks work as brokers for both publishers (apps with content that can host ads) and buyers (the advertisers).
Typically, each Ad network requires a small component to be installed within the website or App. This is typically called an SDK or API. This allows the ad to be delivered to the website or App.
There are many different ad-formats: Banners, Pops, Interstitials, Richmedia, Audio, Video and many others. Some ad formats perform better the others. Some are considered more intrusive than others. Some have slammed mobile audio ads as annoying, while some marketers admit that having a bit of sound can be a good way to bring user’s attention to one ad amongst half a dozen banners.
Benefits of using an ad network for advertisers is that they can plan their campaigns dynamically and monitor the progress regularly. That allows them to make changes and improve their Ad perfomance based on the feedback. Most Ad netowrks now allow for charging only when an objective is met, in terms of impression, action, etc. An ad network’s targeting capabilities enable you to segment massive audience by demographics, day part and music genres and geographically.
Ad networks have been mainly focussed on serving ads within Apps and on Websites. And Audio Ad network would truly enable delivery of an audio ad within an audio program, combining the power of traditional radio advertising with all the benefits of Internet advertising, including precision targeting and performance tracking. Other benefits are:
• Capitalize on user captured attention
• Short and non-intrusive ads creating positive brand acceptance
• Real-time targeted ad delivery
• Real-time reporting of ad impressions and CTR for optional banners
• Assured delivery — Don’t pay for “impressions” that are not seen or heard
• No guessing on ROI
• Targeting on ad level — each ad within a campaign may have unique audience targeting
On the other side, joining an ad network frees publishers from having to invest into a sales team, set up their own ad servers and invest in tracking software.
• Monetize while giving your app a head start on loading.
• Capitalize on unexpected user behaviour and fill in idle time with relevant ads.
• Preserves the full screen real estate on mobile devices and web sites.
• Real-time request of ad length before delivery: 10, 20, 30 second flags.
• Real-time monitoring and reporting of ad traffic and revenue.
At Exaget we have developed our own audio ad network monetising online inventory for internet radio broadcasters with a self-service ad portal enabling full management, control and reporting for custom made audio ad campaigns.
If you found this interesting feel free to join our mailing list or donate a share, like or tweet. Subscribe to our newsletter to get our update into your mailbox. If you are a broadcaster, or advertiser and are interested in learning how targeted audio advertising can work for you get in touch.
Exaget Team
Twitter – @Exaget
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Exaget Week in Review: IAB on Digital Advertising, Borrell Report, Advertising on Internet Radio
January 16, 2014
Guy Phillipson, CEO of the Internet Advertising Bureau UK, offers his take on the shape of things to come for digital advertising in 2014.
Recently released Borrell Associates study, The Future of Legacy Media. The 40-page report analyses migration from analog to digital, and the projected impact of that shift for print, broadcast, and Internet media platforms.
While newspapers, magazines and billboards continue to be an advertiser’s favourite. The internet radio streaming media is by far considered the most effective form of advertising.
Here’s this week’s round up:
2014: The end of the beginning for digital advertising – by IAB CEO Guy Phillipson
mobile is likely to be reported as a billion pound medium in its own right for 2013, growing at a staggering 130 per cent. The consumer goods sector has led the way in mobile investment, accounting for 28 per cent of mobile display advertising. Retailers win the prize for the highest percentage of optimised sites (75 per cent). While there remains a lot to do in terms of mobile ad ops and measurement, mobile could very well double again in 2014, given that other sectors are also eager to reach the “always on” mobile majority.
Borrell report projects dramatic growth of pure-play mobile and advertising
Borrell frames the transition in two five-year periods: 2008 to 2013, and forward to 2018. In Borrell’s framework, 2008 was the year of initial disruption to legacy media, although that differs among the mediums within “media.”
Why You Should Take A Look At Advertising On Global Internet Radio
Internet Radio is the fastest growing way in which we listen & perceive media! The growth is like a dual rocket both in listeners per capita and in gross on-line radio advertising revenue.
If you found this week’s update interesting feel free to join our mailing list or donate a share, like or tweet. Subscribe to our newsletter to get our update into your mailbox. If you are a broadcaster, or advertiser and are interested in learning how targeted audio advertising can work for you get in touch.
Exaget Team
Twitter – @Exaget
Facebook – Exaget