Operative Blog

The world of creative in online advertising is constantly evolving. It seems that every month we’re reading about new types of creative that can be implemented on a publisher’s web site. While many still use plain images to do their advertising (and there’s certainly nothing wrong with that!), we are beginning to see that advertiser’s want to directly engage the user…and when they do, it leads to quantifiable results.

While Flash® is still considered ‘Rich Media’ by many, it is quickly becoming ‘standard’ creative in this day and age. Flash® ads are now so common that even as a user myself, I do not feel that it captivates my attention like many of the newer brands of creative – ads such as push-downs, interstitials, and floating ads, while sometimes annoying to the user, also present a better opportunity to capture the user’s attention.

So if you are a publisher and want to get involved in the freshest types of rich media, here are 3 things to know so that you aren’t caught off-guard by the newest creative types.

1. Rich Media Vendors are the way to go.

If you’ve yet to take a dive into the world of rich media, know that there are specialists out there whose core competency is building and serving high-end rich media. Providers such as Pointroll, Media Mind(formerly Eyeblaster) and Eyewonder specialize in this type of work, and can handle any questions you may have about rich media as well as assist you and your advertiser in the creation of your product. Operative has developed partnerships with several of these vendors as well- reach out to us if you would like an introduction!

2. Rich Media creative is served differently than standard creative.

Standard ads are served through an ad tag on your website. These ad tags contain a specific size and directly correlate to a specific position on your page. There is very little complexity here. When delving into a high-end rich media creative, the equation changes. Take a “pushdown” for instance:  This ad is meant to load as a standard ad, but when you mouse over it, it “pushes” the content of your page down as the ad expands to a greater size. To create this type of movement, the code within the ad interacts with the code on your web page, creating this action. Obviously this can be a complicated process, which leads us to…

3. There will be some frustrations!

Most publishers can attest to the struggles obtaining creative in time for an on-time campaign launch. When using rich media, the struggle may increase. As a publisher, if you know you are going to be using rich media, it is best to plan for it! Rich media creative often require extensive testing in a custom set-up test environment (make sure you have one!) before setting the creative live to your actual web page. These ads often do not work the way you expect them to on the first try, so it’s imperative to test them before launch. This, of course, means you’ll need the creative in your hands well before the launch- so make sure you plan ahead for this when scheduling campaigns and working with a creative developer!

Diving head-first into the world of rich media is an exciting step for every publisher…and can lead to increased revenue. But know that a lot of work, and often times, a lot of patience is a part of the package! All in all however, employing rich media on your site can be a tremendous benefit to both you (higher CPMs), and your advertisers (more customers)!

For more information, please click here.

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Blogged by Christopher Lane, Operations Manager

Operative provides outsourced Ad Operations for both agencies and publishers across the globe. Chris Lane is one of Operative’s senior technical and tactical experts for all things Publisher, providing advice to publisher clients on a variety of subject matters including campaign performance to troubleshooting and product optimization.

A publisher has to decide:

1. All in- is it brand advertising? or

2. Are they optimizing for networks? 

A media company is based on the content and the sales force.  It is practically impossible to have a hybrid strategy and not lose value for your brand.  Most companies work with zero partners or more than 5 partners. 

86% of network impressions are brought in from the top 100 publishers.  This has a direct devaluation of publisher content.  If you are going to sell premium inventory, you have to know that your premium product won’t have the same value off your site.  Premium sites need large units, high reach, integrated advertising products.  There are a couple of ways to get reach: optimization, Tweeting, social media, possibly M&A, or aggregation.

In 2010, 25% of dollars will come from ad networks.  If publishers move to optimizing for ad networks, the trend will be to reduce of most of the premium sales force.

For more information, please click here.

…they could all force publishers to change the way they sell and operate in the near future.

Have you ever had one of those digital media moments where you thought, “cmon, really?!”  Well, on Monday morning I attended Digiday at the W Hotel in NYC and for a moment, thought exactly that… for a minute.  I think it was brought up numerous times that it’s no longer appropriate to call your inventory sold and unsold, but more like ‘reserved and non-reserved’ as Darren Herman put it.  I thought to myself, hmmm, ok, let’s go with that…it sounds better than remnant for sure…but then later that day, it was then proclaimed ‘premium and sub-premium’…I guess because ‘non-premium’ sounds too much like a fake Louis Vuitton handbag sold on 5th Avenue next to the hot dog vendor – you might buy one, but you’ll feel a little icky after.

Believe it or not, all this renaming and debating over what to call unused inventory went on all morning.  All of a sudden, these silly proclamations started to make me think.  If people are spending all this effort debating over what a specific category is called, there must be a disturbance in the force; the growth of this ‘sub-premium’ inventory is growing exponentially.  Jason Kelly from Time, Inc agrees that with “…the growth of  Twitter and other social media, non-premium inventory is growing at a rapid pace, which also means finding premium inventory is getting harder.”  He also added that “non premium display has great opportunity for growth.” 

So as sub-premium inventory grows at such a rapid pace, the dynamic of how advertisers interact with consumers is changes along with it. 

French children are told a story in which they imagine having a pond with water lily leaves floating on the surface.  The lily population doubles in size every day and, if left unchecked, will smother the pond in 30 days, killing all the other living things in the water.  Could the growth of sub-premium inventory threaten publishers ability to compete in the future?  The answer is yes - if you don’t take action.  Here are some thoughts on how agencies are looking to innovate and some action items publishers can take to keep competitive in this newly evolving landscape.

1. Agencies are Buying Audience:  You may say, “duh” to that, but with all the impressions available on the Internet,  coupled with new technologies, there are more and more ways for agencies to buy audiences.  Darren Herman, who runs digital media at the Media Kitchen and is also President of Varick Media Management, talked about their own data initiatives and is working with 27 different data providers to mine data for audience segments. 

2. I also traded some emails with Steve Katelman from OMD and when I asked him what the next big initiatives were for agencies, he said “It’s all about audiences and the evolution of real time bidding.”  These activities signal that agencies are pushing the envelope and taking media buying to the next level since brands are getting smarter about which agencies they work with. 

3. To make things even more interesting, GroupM decided to go against the IAB initiatives for Ts and Cs by claiming ownership of data it collects.  According to GroupM’s COO, John Montgomery, this is a way to “…protect the confidentiality of our clients’ campaign data and information.”  One does wonder if this becomes a trend, how it could create a dynamic  of publishers competing against their own customers OR new price pressures down the road.

So now what?

As a publisher, you need to start to understand your audience.  Quantcast is  great way to take a first step at understanding the segments you can offer – but that won’t be enough.  Taking action on that data and integrating it into your product catalog so it’s easily findable by your ad sales team, will ensure you are ready to sell the way agencies want to buy. Now, that’scompetitive advantage.  This was echoed at Digiday by Janet Balis, President of Digital Media Strategies, who spoke on the importance of, at the very least, keeping an up to date “product catalog and sound inventory management strategy” as the industry looks towards more advanced ways to reach consumers.

Industry vet and pal of mine, Nick Johnson from NBCU mentioned that “mining data and looking for specific audience segments is a big focus for us…we are in the business of unlocking data to create value for our clients and their clients.”  In order to do this, Nick added, “You need to operate more efficiently and look for places in your business that don’t scale and fix them.”  If you want to elevate your game, you need to fix the basic data fragmentation issues in order to solve for the future.

Even if you can get your house in order for this audience revolution, there is still a miss-match in terms of how you set up your resources.  Currently, “50% of ad ops time is focused on 15% of the revenue,” says Josh Wetzelfrom Pubmatic.  Basically, this means that in addition to getting your data in order, you may have to find ways to free up your ad ops resources to stay focused on big ticket integrations and less on the more repeatable, low CPM, ‘sub-premium’ tasks.

I look forward to your comments.

Lorne