Thursday, 24 April 2014

Real Time Bidding 201 (appia.com)


In March we brought you the first in a two-part series of blog posts about Real Time Bidding (RTB). You can find the Real Time Bidding 101 post here. Today we will dive deeper into how building an RTB strategy can be a beneficial piece of a broader mobile strategy for advertisers and publishers alike.
In an already fast moving ecosystem, RTB is going to help move mobile inventory even faster. It also gives marketers the ability to target based on location, demographic information, and context at scale, thus delivering a highly relevant ad that is targeted precisely to that individual user.

How RTB helps mobile advertisers:
Real Time Bidding is a huge win for those who are advertising on mobile. Since RTB allows marketers to buy ads on an individual basis, mobile advertisers are able to clearly see which pockets of traffic are performing well and bringing in higher LTV users. Inversely, it is easy to reallocate ad dollars that are not proving a solid ROI. Additionally, RTB happens in real time, meaning transactions are quick and scalable.

What RTB means for mobile publishers:
For mobile publishers and developers that are monetizing their traffic, the benefits of RTB can be just as advantageous. Exposing quality inventory for advertisers to bid on can foster competition and drive up bid rates. RTB also helps publishers improve fill rates on remnant inventory that may otherwise go unfilled at a higher price point.

With greater demand comes more premium inventory, and that is a win-win for everyone in the mobile marketing ecosystem. An RTB strategy should compliment a mobile marketer’s overall acquisition or monetization strategy. Leveraging data science to deliver the most relevant, targeted advertising in a scalable way is every marketer’s end goal, and RTB is a great tool to keep in the mobile marketing toolbox.

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