What is Real-Time Bidding (RTB)

Real-time bidding (RTB) is a relatively new advertising technology that allows online advertising to be purchased and served on the fly. Instead of reserving prepaid advertising space, advertisers bid on each ad impression as it is served. The impression goes to the highest bidder and their ad is served on the page. The closest analogy would be to the stock market: as stocks (online advertising spaces) come up for sale, brokers (advertisers) bid for the stock. Whoever bids the highest price gets that stock (the ad is served). Then the process immediately starts all over again.

How do advertisers decide when to bid on an ad? Real-time bidding (RTB) platforms buy data about users from across the web. The data is usually in the form of behavioral data gathered from tracking cookies. This information is then fed into the real-time bidding platform, giving advertisers insight into who is about to be served the ad.

Here’s a simplistic example of how real-time bidding (RTB) would work in  the real world: A user spends a lot of time on financial websites, checking stocks and looking up Morningstar ratings. They arrive on a webpage that uses Real-Time Bidding to serve ads. 

On the back end, a major financial services provider has specified that they are interested in users that like stocks. A luxury carmaker has also indicated interest in this audience. The RTB system matches these advertisers with the user profile and they bid on the ad.  Whoever has the highest bid wins, and their ad gets served.

Of course, all this happens in the blink of an eye. Advertisers don’t literally sit and bid on individual ads. Like Google AdWords, they set maximum bids and budgets. The user criteria can also be very complex, taking into account everything from very detailed behavioral profiles to conversion data.

The amount of ads sold through RTB is still relatively low percentage of the overall $26 billion US online advertising market. However, a recent study from Forrester predicted that RTB spending will increase 130% from 2010 to $823 million in 2011.

RTB technology is at the forefront of innovations in the advertising world. This platform is not only allows access to the majority of the world’s leading exchanges, networks and premium sites, it also contains superior targeting methods and advanced bidding options.

Source: crowdscience.com

DoubleClick Macros – An Overview… Part 2

Continued from Part 1

File server macro

The file server macro is an ad server macro most commonly used as a shortcut to designate a creative file's path on DoubleClick's global creative and media servers. Here's what it looks like:%%FILE:file_display_name%% where file_display_name is the display name we can give to the creative file in DFP.

In general, the file server macro will be replaced with the machine name for a physical ad server when an ad serves. This is particularly beneficial for line items that are served to multiple countries.

Notes:

• %h will still work for creatives trafficked in DART, but we strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.
• The syntax for a creative file's path using %h is: %h/advertiser_ID/filename.ext. For example, for advertiser 12345678 and creative file dclk1.gif, the syntax would be:%h/12345678/dclk1.gif
• DART macros are case-sensitive. That is, %H is not a valid macro.

Geo ad server macro

The geo ad server macro, %g, can be used in the click-through URL, the redirect URL, and the custom code of a creative. This macro is used to track geographic information - country code, state or province, telephone area code, postal code, bandwidth, and DMA (Designated Marketing Areas) - using your proprietary systems, after a website visitor clicks an ad served by DoubleClick for Publishers. This macro can be implemented regardless of whether a line item has been geographically targeted.

When %g expands into a string, it displays the geographical information of the user to whom the ad was served - assuming that the user's IP address can be looked up - as shown here:

ct=US&st=CA&city=13358&dma=197&zp=94105&bw=0

Where:

• ct is the key that returns a value for a country code
• st is the key that returns a value for a U.S. state, territory, or Canadian province
• city is the key that returns a value for a city
• dma is the key that returns a value for designated market areas
• zp is the key that returns a value for a postal code
• bw is the key that returns a value for bandwidth

Note:

• Macros are case-sensitive. That is, %G is not a valid macro.
• The expanded form of the geo ad server macro is not wrapped in quotes (single, or double). The macro can cause syntax errors with surrounding Javascript code if it's wrapped in quotes.

Height and width macros

The %%HEIGHT%% and %%WIDTH%% macros insert the creative height and width into the custom code of a creative during the ad serving process, based on the size of the ad slot where the creative is being served.

These macros can be especially useful if we are creating a creative template that you want to reuse with creatives of different sizes. Instead of hard-coding the size for each creative, you can let the height and width macros insert the values into each creative dynamically.

We can also use these macros in the custom code for creatives where we have overridden the creative size (which you can do on the "Settings" tab of a creative). When we override the size, we can enter multiple creative sizes. The creative can then be served to ad units of any of those sizes. We can use the height and width macros to add the dimensions dynamically to the creative code when the creative is served.

Host name macro

The host name ad server macro, %a, can be used in the redirect URL and custom code of a creative. This macro expands into http://pubads.g.doubleclick.net.

Note: DART macros are case-sensitive. That is, %A is not a valid macro.

Interstitial impression macro

The interstitial impression macro enables the DFP ad server to record when an interstitial impression is served from a creative that wasn’t built using one of the built-in creative templates for pop-ups, pop-unders and floating Flash overlays.

Use %%VIEW_URL_UNESC%% for image creatives (JPG, GIF) and %%VIEW_URL_ESC%% for Flash creatives (SWF).

Here's an example of the proper implementation:

<img src=%%VIEW_URL_UNESC%%http://www.acme.com/img/logo.gif>

Notes: %i will still work for creatives trafficked in DART, but we strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.

Pattern match macro

We can pass a custom variable into a creative using our creative targeting macro:  %%PATTERN:key%%

Use this macro to pass targeting values into a creative. This can be helpful if we want to serve different creatives based on information we know about a user. For example, maybe we have two creatives for a given line item: one that was designed to appeal to female users and one that was designed to appeal to male users.

1. We are passing the user's gender into an ad tag on your page via custom criteria like this:

GPT tag:

googletag.defineSlot("/1234/adunit1/adunit2", [728, 90],

"div-gpt-ad-123456789-0")

.addService(googletag.pubads())

.setTargeting("gender", "male");

DART tag:

http://ad.doubleclick.net/ad/sitename/pagename;gender=male;ord=12323

2. In the custom or third-party creative, dynamically pass the criteria using the following macro:<some creative script here>...&gender=%%PATTERN:gender%%
3. The entire macro of %%PATTERN:gender%% will be replaced with "male".
4. DFP will call and serve the “male” creative file to this user.

Notes:

• %p will still work for creatives trafficked in DART, but we strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.
• %p is not supported with GPT tags. If you use GPT, you must use %%PATTERN:key%%.
• DART macros are case-sensitive. That is, %P is not a valid macro.

Site name macro

The site name ad server macro, %s, can be used in the click-through URL, the redirect URL, the custom code of a creative, and click commands. This macro is commonly used to track the name of the site (included in the ad tags) where visitors clicked on an ad served by DART in a proprietary system. This macro expands into the originating site's name as defined in DART, not into the DNS name of the site.

Target window macro

The target window macro instructs the user's browser to open the creative's landing page in either the user’s existing window or a new window when the user clicks on the creative.

For example, the DFPNews.com ad unit has the target window set to _top and the DFPFashion.com ad unit has it set to _new. If the %%TARGET_WINDOW%% macro is included in the creative's code or script, it will open a new window when a user of DFPFashion.com clicks on it and an existing window if a user of DFPNews.com clicks on it.

Typically, here’s where you’d see %%TARGET_WINDOW%% placed in the creative code:

<a href="%%CLICK_URL_UNESC%%%%DEST_URL%%" target="%%TARGET_WINDOW%%"><img src="my ad"></a>

Notes:  %t will still work for creatives trafficked in DART, but we strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.

Source: Google Support

DoubleClick Macros – An Overview… Part 1

A macro is a short piece of code that serves as a shortcut for a message to the ad server. Macros will expand into a longer code string that the ad server can understand when they’re included in creative code or click through URLs. Ad server macros are useful for passing important information to your proprietary systems or third-party ad servers.

If the creative code is recognized as being from a certified vendor, then it will automatically insert the proper macros. If DFP don't recognize the third-party creative code, then we need to insert the macros manually. We can manually insert the macro at the cursor's position in the 'Code snippet' field by clicking one of the insert macro buttons. Work with respective third-party to determine where to insert the macro.

For clients upgrading from DART for Publishers: Creatives that we trafficked in DART with DART macros will continue to serve as expected after we upgrade. However, it is strongly recommend that we use the new syntax, where available. This list represents all of the macros it supports in DoubleClick for Publishers for Creatives which traffic after upgrading.

Cache-busting (random number) macro

The cache-busting macro ensures that a fresh call is made to the ad server every time the code is executed, so we’re accurately counting impressions. Here is what the cache-busting macro looks like:

%%CACHEBUSTER%%

If we don't add the cache-busting macro to the creative code, we’re more likely to see impression counting discrepancies between DoubleClick for Publishers and a third-party ad server. Note that not all third parties require the cachebuster macro.

Most creative vendors will offer a placeholder in their tag to insert cachebuster macros. 

For example, if your third-party creative code contains something like this:

http://abc.3rd-party-serving.com/Targeting/adServer.php?ab=cd&e=12fg=click&ord=[RANDOM_NUMBER]

We will want to select [RANDOM_NUMBER] and click the Insert cachebuster macro button so that it replaces the placeholder:

http://abc.3rd-party-serving.com/Targeting/adServer.php?ab=cd&e=12fg=click&ord=%%CACHEBUSTER%%

Notes:

• %n will still work for creatives trafficked in DART, but we strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.
• DART macros are case-sensitive. That is, %N is not a valid macro.

Click macro

A click macro allows us to track clicks on our third-party creatives. There are two types of click-tracking macros:

• Un-escaped click macro: %%CLICK_URL_UNESC%%
• Double-escaped click macro: %%CLICK_URL_ESC_ESC%%

As a best practice, we recommend using an un-escaped click macro when the creative hosted by another server is a standard image file (GIF/JPG). We should use the double-escaped click macro for Flash (SWF) creatives and for certain third parties. We can preview the ad and right-click it to determine its file type. If we see a “Save Image As...” or “Save Picture As...” option appear in the right-click menu, the creative is a standard image. If we see an “About Adobe Flash Player...” option, the creative is a Flash creative.

Notes:

• A small number of third parties use double escaping (%%CLICK_URL_ESC_ESC%%). For certified third parties, we’ll auto-insert this double-escaped click macro; however, if you’re unsure if you need a double-escaped macro, you should reach out to the third party for confirmation.
• %c will still work for creatives trafficked in DART, but we strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.
• Warning: If you don't put a click-tracking macro in the correct place in your third-party code, you will most likely not track clicks on the creative. Talk to your third-party creative provider to learn where to put the click macro.

Tips:

Do not enter the click macro as the source of an image or iframe. Doing so results in a click being recorded every time the image or iframe renders, which is not legitimate and is filtered out as an invalid click.

Click-through URL macro

This macro can be helpful if we are traffic a custom creative and we want the click-through URL that you set in the creative trafficking screen to override the click-through URL built into the custom creative code.

There are three URL macros you can use:

• %%DEST_URL%%
• %%DEST_URL_ESC%%
• %%DEST_URL_ESC_ESC%%

Normally the amount of escaping (whether we include ESC once, twice, or not at all) depends on the third-party click-tracking company. Some third-party click-tracking companies require the URL to be escaped, while others do not.

The level of escaping required by a third-party click-tracking company is normally specified in the tag with the click= string in the third-party ad tag or custom creative code in DFP:

• click= escape it once (%%DEST_URL_ESC%%)
• click1= escape it once (%%DEST_URL_ESC%%)
• click0= don't escape it (%%DEST_URL%%)
• click2= escape it twice (%%DEST_URL_ESC_ESC%%).

Notes:

%u will still work for creatives trafficked in DART, but strongly recommend using the new syntax for all new creatives trafficked in the DFP upgrade.

Expand macro

This macro is most commonly used to track line items with your backend reporting system. %e is used in combination with match tables, which provide a relationship between the ID number in the database and the ID number in DoubleClick for Publishers. This can be useful for troubleshooting; for example, a trafficker only has to look at the ad server response in order to see the line item ID or creative ID that served to an ad tag.

We can insert the %e macro at the end of the ad's click through URL in its creative assignment (for example: http://www.firstautomobile.com/?%ecid!; inserts the creative ID for the line item).

The different expand macros available are:

• %eaid! -- expands with line item ID
• %ecid! -- expands with the creative ID
• %eenv! -- expands with the environment (tag type) indicator. For example, 'i' if iframe, 'j' if JavaScript, etc.
• %esid! -- expands with the first-level ad unit ID serving the line item
• %epid! -- expands with the second-level ad unit ID serving the line item
• %eadv! -- expands with the advertiser ID of the line item being served
• %ebuy! -- expands with the order ID of the line item being served

The %e macros can be separated from one another in the click through URL with any character that is safe for use in DFP click through URLs: 

http://www.site.com/?%eaid!;%ecid!              

Could become: http://www.site.com/?1234567;4265598

Notes:

The %e macro cannot be used by DFA clients running click-commands on DFP sites. The advertiser_id or page_id values, for instance, will populate with the DFP values instead of the intended DFA values.

This article will continue to Part 2

Advertising network – An Overview

An online advertising network or ad network is a company that connects advertisers to web sites that want to host advertisements.

The key function of an ad network is aggregation of ad space supply from publishers and matching it with advertiser demand. The phrase "ad network" by itself is media-neutral in the sense that there can be a "Television Ad Network" or a "Print Ad Network", but is increasingly used to mean "online ad network" as the effect of aggregation of publisher ad space and sale to advertisers is most commonly seen in the online space.

The fundamental difference between traditional media ad networks and online ad networks is that online ad networks use a central Ad server to deliver advertisements to consumers, which enables targeting, tracking and reporting of impressions in ways not possible with analog media alternatives.

Overview

The advertising network market is a large and growing market, with the top 20 companies earning about $2 billion in revenues during 2007. This represents around 13% of the total display advertising market, forecasted to grow to 18% by 2010. This growth has resulted in many new players in the market, and has encouraged acquisitions of ad networks by large companies entering the market.

Ad networks are primarily involved in selling space for online ads to appear. This online advertising inventory comes in many different forms, including space on websites, in RSS feeds, on blogs, in instant messaging applications, in adware, in e-mails, and on other sources. The dominant form of inventory continues to be third-party websites, who work with advertising networks for either a fee or a share of the ad revenues.

An advertiser can buy a run of network package, or a run of category package within the network. The advertising network serves advertisements from its central ad server, which responds to a site once a page is called. A snippet of code is called from the ad server that represents the advertising banner.

Large publishers often sell only their remnant inventory through ad networks. Typical numbers range from 10% to 60% of total inventory being remnant and sold through advertising networks.

Smaller publishers often sell their entire inventory through ad networks. One type of ad network, known as a blind network, is such that advertisers place ads, but do not know the exact places where their ads are being placed.

Large ad networks include a mixture of search engines, media companies, and technology vendors.

Types of ad networks

There are 3 main types of online advertising networks:

Vertical Networks: They represent the publications in their portfolio, with full transparency for the advertiser about where their ads will run. They typically promote high quality traffic at market prices and are heavily used by brand marketers. The economic model is generally revenue share. Vertical Networks offer ROS (Run-Of-Site) advertising across specific Channels (example: Auto or Travel) or they offer site-wide advertising options, in which case they operate in a similar fashion to Publisher Representation firms.

Blind Networks: These companies offer good pricing to direct marketers in exchange for those marketers relinquishing control over where their ads will run, though some networks offer a "site opt out" method. The network usually runs campaigns as RON or Run-Of-Network. Blind networks achieve their low pricing through large bulk buys of typically remnant inventory combined with conversion optimization and ad targeting technology.

Targeted Networks: Sometimes called “next generation” or “2.0” ad networks, these focus on specific targeting technologies such as behavioral or contextual, that have been built into an Ad server. Targeted networks specialize in using consumer click stream data to enhance the value of the inventory they purchase. Further specialized targeted networks include social graph technologies which attempt to enhance the value of inventory using connections in social networks.

There are two types of advertising networks: first-tier and second-tier networks. First-tier advertising networks have a large number of their own advertisers and publishers, they have high quality traffic, and they serve ads and traffic to second-tier networks. Examples of first-tier networks include the major search engines. Second-tier advertising networks may have some of their own advertisers and publishers, but their main source of revenue comes from syndicating ads from other advertising networks.

While it is common for websites to be categorized into tier, these can be misleading. 

While Google is in the clear majority of advertisement impression served, other networks that could be labeled as tier 2 actually dominate over this tier 1 Ad networks as far as the number of customers reached.

Source: Wikipedia.org