How Google is rewriting the rules of ad auctions

Google is moving to a simpler online advertising model called “unified auctions,” but its adoption will be anything but simple for the publishers who rely on the internet giant’s technology to manage their ad inventory. In the coming months, Google is aiming to level the playing field for advertisers when it comes to bidding on ad inventory across sites that use Google Ad Manager, which is much of the internet. Google is transitioning to unified auctions with first-price winners and doing away with so-called last-look bids. That’s a lot of jargon, but here’s what it means: In a unified market, bidders compete in a single auction, under one set of rules that apply to all comers, instead of multiple independent auctions run by publishers on a variety of exchanges, which then send winners to Google’s ad server for a final round. In Google’s new unified auction, the winner will pay the amount bid, period. Previously, the auction winner would actually pay the amount bid by the second-highest bidder plus a penny, also known as the second-price. “In display advertising, the variations in programmatic deal types and the rules associated with each one make auctions really complicated,” says Mike Smith, Hearst Magazines’ chief data officer. The changes could lead to a fairer advertising ecosystem that’s also more transparent. Publishers appear to be the winners here, by potentially pulling in more money from each ad in the first-price system. Still, some ad tech experts say... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-05-28 07:00:00 UTC ]
News tagged with: #made sense #makes sense #digital advertising #good read

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Scribner wins four-way auction for South Korean 'sensation'

Scribner has landed Kim Jiyoung, Born 1982 by South Korean novelist Cho Nam-Joo following a four-way bidding war. Continue reading at The Bookseller

[ The Bookseller | 2019-06-26 20:50:56 UTC ]
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Ozone Project to sell ads on self-serve basis after striking OpenX deal

UK news publishers want to make it easier for advertisers to buy directly and keep control of their data. Continue reading at Media Week

[ Media Week | 2019-06-26 08:28:48 UTC ]
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Whose ad spending is up? The big FANG theory

When it comes to ad spending, the FANG gang has developed some serious teeth. For the first time, all four FANG companies—Facebook, Amazon, Netflix and Google parent Alphabet—rank among the top 100 spenders in Ad Age Leading National Advertisers 2019. FANG—Wall Street lingo for these internet... Continue reading at Advertising Age

[ Advertising Age | 2019-06-25 07:00:00 UTC ]
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Orbit triumphs in three-publisher auction for Brooks fantasy series

Little, Brown imprint Orbit has won a three-publisher auction for a new epic fantasy series from author Mike Brooks. Continue reading at The Bookseller

[ The Bookseller | 2019-06-23 21:58:45 UTC ]
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Headline scoops Reynolds debut for six figures in 10-publisher auction

Headline has scooped the "beautifully original" debut from ex-snowboarder Allie Reynolds for six figures following a 10-publisher auction. Continue reading at The Bookseller

[ The Bookseller | 2019-06-23 19:44:19 UTC ]
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Google is giving businesses new ways to promote themselves

Local businesses will be able to beef up their profile in Search and Maps with photos, offers, and more. 150 million businesses have taken advantage of Google’s My Business, which lets retailers, restaurants, and other local businesses enter information about themselves that shows up in Search... Continue reading at Fast Company

[ Fast Company | 2019-06-20 12:00:45 UTC ]
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Uber’s Latest Lawsuit Calls Out Agencies, Advertisers and Now Ad Tech

Two years ago, Uber filed a multimillion-dollar lawsuit against its agency partner Fetch, accusing it of running fraudulent ads. Now it looks as if the ride-hailing giant is taking the legal battle further down the supply chain. According to court documents unsealed this week, the recently IPO'd... Continue reading at AdWeek

[ AdWeek | 2019-06-19 20:45:09 UTC ]
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Print Media Is Underserved by Not Including Black-Owned Media in Ad Buys

Last September, my Instagram feed was filled with this collage of beautiful black women on the covers of various print media outlets. However, I immediately noticed a clear and apparent flaw: Only one of the magazines were actually owned and run by a person of color (Essence). The rest, contrary... Continue reading at AdWeek

[ AdWeek | 2019-06-19 16:15:54 UTC ]
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Google's Chromebook App Hub for students and teachers is live

We can argue about the merits and flaws of Chromebooks all day long, but one thing is clear: They've found a strong foothold in the education market. Indeed, today Google is announcing that more than 30 million Chromebooks are in use by students arou... Continue reading at Engadget

[ Engadget | 2019-06-19 13:30:00 UTC ]
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Cannes #WednesdayWisdom. Plus, a lawsuit over sex toy ads: Wednesday Wake-Up Call

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[ Advertising Age | 2019-06-19 10:00:00 UTC ]
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Trapeze scoops 'This Country' book in six-way auction

Trapeze has scooped the first official book for triple BAFTA-winning comedy "This Country" in a six-way auction, promising to reveal “the real s*** that goes down in Kerry and Kurtan’s village”. Continue reading at The Bookseller

[ The Bookseller | 2019-06-19 02:46:19 UTC ]
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Cape snaps up Henry Mance's animal rights debut in six-way auction

Jonathan Cape will publish "a far-reaching and wonderfully entertaining investigation" into animal rights by award-winning Financial Times journalist Henry Mance following a six-way auction. Continue reading at The Bookseller

[ The Bookseller | 2019-06-18 00:53:19 UTC ]
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William Collins lands Mustill's whale tale in five-way auction

William Collins has acquired writer and wildlife filmmaker Tom Mustill’s debut, How to Speak Whale, following a five-way auction. Continue reading at The Bookseller

[ The Bookseller | 2019-06-17 18:08:26 UTC ]
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F+W Media Reveals Winning Bidders at Bankruptcy Auction

Special interest magazine publisher F+W Media is due back in Delaware bankruptcy court Monday afternoon, where the company is expected to present the winning bidders emerging from an auction of its remaining media assets, the latest step in a process that began when the company filed for... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-17 16:16:56 UTC ]
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Chener Books modernises with Google digital revamp scheme

A 40-year-old independent bookshop in London has undergone a digital transformation after its owner signed up to a Google project which pairs young people with businesses. Continue reading at The Bookseller

[ The Bookseller | 2019-06-17 12:35:21 UTC ]
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Hello, Cannes. Plus, 2019 ad sales growth slows: Monday Wake-Up Call

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[ Advertising Age | 2019-06-17 10:00:00 UTC ]
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Industry leaders and Ad Age editors predict the big winners at Cannes

It’s a parlor game as old as the Cannes International Festival of Creativity itself—guessing which campaigns will nab the gold at the industry’s highest-profile and most important creative showcase. So we decided to ... just do it. Ad Age surveyed top creatives for their predictions on which... Continue reading at Advertising Age

[ Advertising Age | 2019-06-11 07:00:00 UTC ]
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How quality content separates publishers from ad streams

There’s a difference between a publisher and a trashy ad stream – but the digital media industry still hasn’t defined what it is. One thing is clear: It all comes down to quality content. The post How quality content separates publishers from ad streams appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-06-11 04:03:29 UTC ]
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NBC eyes huge ad sales night as Bruins force a Stanley Cup Final Game 7

Having Zambonied the St. Louis Blues on their home ice by a score of 5-1, the Boston Bruins on Sunday night ensured that the 2019 Stanley Cup Final will go the full seven games. And while hockey fans are happy to see the season get extended by another three regulation periods, NBC is downright... Continue reading at Advertising Age

[ Advertising Age | 2019-06-10 21:23:47 UTC ]
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New Study Finds Google Receives an Estimated $4.7 Billion in Revenue from News Publishers’ Content

The News Media Alliance today published findings from a new study that analyzes how Google uses and benefits from news. Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-06-10 15:10:50 UTC ]
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