Global digital ad spend has been steadily rising for years now and is predicted to reach a whopping $441 billion in 2022! However, with an ever-increasing demand for online ad inventory came many challenges — the one that struck online publishers the hardest was managing and optimizing their ad yield.
But why has ad yield management proven such a pain point for publishers? The reason is simple — most online advertisers nowadays use programmatic advertising to grow their businesses, and programmatic ad tech requires a high amount of expertise to handle optimally. The fact that programmatic technology is still relatively young doesn’t help, either.
So what are some yield optimization techniques publishers can use to maximize their earnings? Can they still do something to increase their revenue even if they’re not that experienced? That’s what we’re going to find out!
But first, let’s cover the basics.
Ad yield is the amount of revenue you earn from your ads — it’s that simple. In other words, it is an indicator of how successful your advertising efforts were.
Since ad yield represents your ad income, it shouldn’t be surprising publishers are always looking for ways to maximize it. That is where ad yield management and optimization techniques come in!
Ad yield management is the process of tracking and analyzing your advertising efforts and using the collected data to optimize your ads for maximum performance. Publishers use various circumstantial elements, audience behavior data, ad placement information, and similar to tweak their creatives for optimal profit.
By employing variable pricing strategies and altering them on the go, publishers can get the best bang for their buck for their available ad inventory. And when coupled with advanced audience targeting options like contextual targeting and behavioral targeting, there’s plenty of room for publishers to drive more revenue through yield management.
Yield management can have such excellent ROI that large-scale businesses often have entire teams dedicated to it. Unfortunately, smaller brands don’t always have the resources to get the same support. Luckily, outsourcing yield management is a much cheaper but still viable solution.
Even if you’re not that experienced in yield optimization, there’s no need to feel intimidated. You don’t have to be a seasoned advertiser to start with yield management. The key to success lies in implementing the right strategy, optimized specifically to your industry and business goals. And that is what we’re here to help you with!
Although there is a lot to cover, let’s begin by suggesting a few yield management methods you should try.
You Might Also Like: What Is a Demand-Side Platform (DSP) and How Does It Work?
Before getting to advanced yield management techniques, the first thing you’ll need to figure out is where you’ll be doing yield management. You will determine that by figuring out which programmatic method will be your go-to one.
There are three excellent programmatic methods to focus on when looking to optimize your creatives:
Whichever of the options above you settle for, there will be plenty of room for yield optimization. However, your best bet would be to try to strike a balance between the three for the highest fill rates.
You Might Also Like: What Is a Supply-Side Platform (SSP) and How Does It Work?
After you’ve chosen which programmatic method you’ll focus on, it’s time to optimize your ad yield. Here’s some helpful yield management advice to help you on your journey:
Considering that most online advertising goes through Google ADX nowadays and that Google offers premium CPM, you’d be remiss not to use it. However, relying on Google ADX comes with a catch — Google has quite strict advertising standards. Not adhering to Google’s Better Ads Standards can result in your ads failing to serve, having them rejected, or even penalizing your website.
That is why the first thing you should do is ensure all ads appearing on your website adhere to these standards! If you don’t, your online advertising efforts may collapse before they even take root.
Learn More About Google’s Better Ads Standards and Specifications for Publishers Here.
If you actively follow online advertising trends, you’ll likely be aware of this tip already, but it’s still worth emphasizing. Over the last few years, all major online platforms have been favoring native ads over all others.
Why? Because native ads blend in with a website’s content better and are far less intrusive. That is particularly true for native video ads that many large media companies and publishers use to monetize their sites.
Native advertisements overall offer increased ad visibility and higher ROI, so they’re worth considering when looking to optimize ad yield.
Ad viewability is crucial to maximizing impressions and yield. After all, users have to see the ad for it to count as an impression, don’t they?
But how do you determine whether an ad is viewed or not? It’s pretty straightforward — according to IAB’s standards, an ad counts as a valid impression if at least half of it appears visible on screen for over a second.
So why is optimizing for ad viewability so challenging? There are a few reasons:
So what are the best options for publishers to maximize ad viewability? Here are a few tips:
Bonus Tip: An excellent way to maximize your outstream video ads’ viewability is to make them sticky. That way, they will follow the users while they scroll down the page, maximizing view rates and yield.
Setting up price floors can be an excellent way for publishers to exercise more control over their inventory and how they sell it. If your goal is to optimize ad yield, setting up price floors should be the first thing you try! That is particularly true for large publishers who won’t have hard times achieving high fill rates.
Setting price floors means publishers can determine a minimum price for their ad inventory, making it more competitive for the bidders. However, just like price flooring can boost your ad yield, it can also damage it; if your price floors are too high, and there’s not enough demand for your inventory, you might end up damaging your bottom line by selling too few impressions.
So proceed with caution when setting price floors!
When looking to optimize ad yield, taking mobile users into account is crucial. Why? Because over 50% of global internet traffic comes from mobile devices! That means if your website and ads aren’t optimized for mobile users, you’re missing out on a massive potential audience.
Here are a few things you can do to ensure your site and ads are ready for mobile visitors:
Bonus Tip: More and more publishers are trying mobile video advertising by the day and finding success! So if you’re looking for a quick and easy way to boost ad yield, mobile video ads might be worth giving a shot!
When we talked about the three most common programmatic methods, we mentioned that programmatic direct was the most profitable one. However, selling your entire ad inventory directly is quite challenging and might only be possible for the most reputable and niche websites out there.
Still, a surefire way to increase your ad yield is to boost your number of direct sales. That is why optimizing your advertising efforts to include more direct deals is pivotal to achieving the highest yield.
The easiest way to maximize ad yield is by employing some of the advanced programmatic techniques. One of the most lucrative ones by far is header bidding; it can increase your yield by as much as 45%!
Header bidding or prebidding allows publishers to offer their inventory to several SSPs and ad exchanges simultaneously, maximizing the odds of getting premium prices for their ad slots. The only downside to header bidding is that it’s quite a complex ecosystem, so not many advertising platforms support it yet. But if your goal is to boost your yield, looking for a way to implement header bidding into your advertising efforts is undoubtedly the best course of action!
And if you want to drive your revenue up even further, try video header bidding! As we’ve already mentioned, video advertising has been on the rise over the last few years, and header bidding can increase your video ad revenue even further. The only hurdle you’ll have to overcome is to find the appropriate online video platform with advanced player prebidding.
If that’s the only thing stopping you from delving into the world of video header bidding, Brid.TV can help you. Our lightweight HTML5 video player is equipped with the latest header bidding technology that lets publishers set up video prebids using SpotX or Prebid.js quickly and easily through our video CMS.
Scaling your video advertising efforts through video header bidding is undoubtedly the best and easiest way to increase your yield. So if you wish to begin leveraging a premium video platform to make more money with video header bidding, send us an email, and our team will give you a demo and help you get started!
Yield management and optimization are essential for publishers looking to grow their businesses through the power of advertising. While smaller brands can get away without investing much into yield optimization, larger publishers can lose millions without it!
Regardless of whether you decide to take your yield management in-house or outsource it, you should by no means neglect it if your goal is to build a long-lasting, sustainable business. And if you’re looking to get on board with the new trends, getting into video advertising seems to be the most promising course of action. Luckily, programmatic video technology is as advanced as ever, so you won’t be losing anything by switching from display and banner advertising to video.
However, if you prefer to stay old-school, that’s perfectly viable too. Just make sure to keep an eye out for any drastic changes in the industry, so you’re not left behind.
We hope that the tips we provided above help you make the most of your advertising efforts and maximize your yield.
Best of luck to you!