onload {media} launches today, meaning there's yet another programmatic ad network. No! onload {media} is an ad network like no other. It does not rely on oversold publishers and audiences. It does not employ tactics which worry internet users such as retargeting. At the same time, it is not prone to avoidance tactics like ad blocking, skipping and incomplete views.
So, what sets onload {media} apart? To understand the value that onload {media} can bring to a brand, let’s look at how ad networks generally operate. Ad networks can be broken down into three categories: Vertical networks, Horizontal Networks and Targeted networks.
Horizontal Networks
Horizontal networks are the simplest form of ad network, offering coverage across a wide range of websites with no specialization into any particular topic or category. For this reason, they are also often referred to as blind networks, because when you employ a horizontal network you are blind to what website your ad will appear on. This type of network is best suited for products and services which are a benefit to the general public and where brand awareness among a broad audience is the desired outcome. It is not ideal when you are trying to focus in on a defined niche or target audience, or achieve instant sales. The benefit of this type of network is that costs tend to be low compared to other types of networks.
Vertical Networks
Vertical networks emerged because of a need to focus on an audience, rather than market to the general public. Vertical networks, in contrast to horizontal networks, offer distribution of your ad on websites that all relate to a specific topic or category. For example, if you were trying to market a medical device, it would be advised to pick an ad network that worked with medically focused publishers. This specialization means that ads cost a little more to run, but the result is higher conversion because your content is getting in front of people looking for information related to your product or service. Ads served here are less likely to get blocked, and in the case of video ads, more likely to get viewed
Targeted Networks
Targeted networks are even more focused than vertical networks because they allow advertisers to target specific groups of people. There are many ways that targeted networks can operate. The most straightforward techniques allow an advertiser to specify the features of the target audience they are trying to reach, such as geolocation, demographics (e.g. age, gender, income) or psychographic (e.g. beliefs, attitudes, interests). Once the target market is defined, ads can be shown to people that fit the definition. Ads can be shown across an ad network regardless of the specific website the person is on, because the ad-tech algorithms supporting the network understand who that person is and how the ad applies to them.
Most platforms employing ad network techniques mentioned so far, however, were dealt a massive blow by GDPR which impedes their ability to profile and track internet users. As a result, we are seeing ad networks become more creative in terms of the targeting and audience extension strategies they employ.
But the desperation to replenish preGDPR audiences often comes at a price. An example of this is retargeting: which more and more ad networks are adding to their offering. Retargeting can be very effective for awareness campaigns. However, when it comes to conversions and online purchases, it tends to be most useful to offerings with a slower purchase cycle and longer due-diligence process. For example, enterprise software and other long-term licenced offerings. For most offerings, particularly those dependent on impulse purchases, retargeting simply continues to annoy consumers after they have made their intended purchase. With many internet users expressing concern about “being followed around the internet by particular ads”.
So what’s the alternative?
Onload {media} took a three-step approach to architect their winning strategy.
Gap Analysis
We started by looking at how the existing ecosystem struggled to meet the requirements of most brands:
Adblocking: As the industry continues to come to terms with GDPR, Ad blocking has temporarily disappeared from the headlines. In the background, however, ad blocking continues to rise, especially on mobile devices. So, our first challenge was: how do we avoid the blockers?
Ad format: With a growing number of ad formats emerging, we decided to focus on the format with the best-proven track record, and one that is already in the arsenal of the most promising organisations, video.
2. Perfecting Video
Once we had decided on video, we then had to look its shortfalls and develop a strategy for overcoming those deficiencies.
Viewability: Viewability has proven to be a valuable metric for brand campaigns. Research shows that viewability rates are on the rise. Advertisers can now be guaranteed around 55% viewability on most networks. While good, that figure was not high enough for us. We felt there must be a way to get closer to 100%?
Fraud: Viewability as a metric has been in the spotlight because many high viewability scores are achieved via fraudulent impressions. So, we were after 100% viewability, but with no fraud. We knew that if we could achieve this, we’d be onto a winner.
Completion: 70% is the Video Completion Rate widely accepted by advertisers and advertising agencies. Again, we asked ourselves the question; is 100% achievable? And again, we found a way to make it happen.
3. Improving on the best of the best
There are many reasons why the challenges of adblocking, viewability, fraud, and completion rates still exist across horizontal, vertical and targeted ad networks. It was clear to us that the solution we were after would not be found in the traditional programmatic ad network structure; we had to do things differently.
Why onload{media}
The challenges identified above are all unfortunate realities of advertising with online publishers. And these types of sites underpin the majority of the existing ad networks. So we analysed their best practices, but with the plan of taking them to a new space. Somewhere which offered the broad audiences unlocked by horizontal networks, combined with the engagement levels of the vertical networks, and the targeting ability of the targeting networks
We found a solution for all the challenges in the most unlikely of places, online casinos.
Online casinos, offer an environment where one can combine contextual, demographic and psychographic targeting using data provided by the gamers participating in online casinos. We serve brief, non-skippable video ads to gamers in the downtime while their game loads. This benefits the consumer by filling otherwise deadtime with content they can consume. For advertisers, it offers 90+ % viewability, delivered to a double-verified audience, at a time when they are actively engaged in the content in front of them. The additional demographic and psychographic information collected by the online casinos allows advertisers to focus in on just those gamers who fit their target market. Let onload {media}’s platform provide you with a dynamic, GDPR-compliant approach to reaching your customers.