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From the Digital Experts: An essential bite-size guide to the
acronyms and underpinning of modern digital advertising.
PROGRAMMATIC RADIO
DEMYSTIFY DIGITAL
P O W E R E D B Y
3 Demystify
4 We demystify digital
5 The Programmatic Cycle
6 Digital audio weekly reach
7 Why invest in Programmatic
Radio?
8 Buy radio Programmatically
9 Finely tuned audiences
10 19% of all app time
11 Target millennials
12 The benefits of programmatic
radio
13 The stats
14 Demystify Digital: Decoding
the terms
CONTENTS
DEMYSTIFY DIGITAL
2
DEMYSTIFY
DEMYSTIFY DIGITAL
3
We continuously support our
ad-agency clients, and are
forever looking for new innovative
ways to do that.
One way is through our
Demystify Digital Guides. This is
the second instalment in the
series and focuses on
Programmatic Radio.
Pioneering Programmatic
1. WE DEMYSTIFY
DIGITAL
DEMYSTIFY DIGITAL
4
Crunch Simply Digital exists to
make their clientʼs business
flourish through digital media.
Crunch specifically deals with
online advertising, and
specialise in programmatic
media buying.
Billions of media
buying decisions made
in milliseconds drive
unparalleled efficiencies
from your budget.
1. Crunch inputs the
targeting profiles
2. We move on to
scanning the entire
market place
3. Our Digital
Consultantʼs identify
target content or
users
THE PROGRAMMATIC CYCLE
4. We then bid against
competitors for the
space
5. Once we have bought
the space we can
serve the ad
6. Our in-house experts
then analyse the
response
7. And make
adjustments to refine
the targeting profiles
2.
DEMYSTIFY DIGITAL
5
SIMPLIFYING
PROGRAMMATIC
Input targeting profiles
Scan
th
e
entiremarket
Identifytargetc
ontent
Bid
againstcompetitors
Serve the ad
Analyse response
Adjusttargetingprofile
1
7
6
5 4
3
2
DEMYSTIFY DIGITAL
“BY THE TIME
YOUʼVE PICKED UP
YOUR PHONE TO A
MEDIA REP - TOO
LATE, THE AUDIENCE
HAS SHIFTED”
- CRUNCH
3.
DEMYSTIFY DIGITAL
6
Thatʼs 40% of the population
DIGITAL AUDIO
WEEKLY REACH
21.9
MILLION
4.
DEMYSTIFY DIGITAL
7
Appear on the biggest/most
influential audio platforms
Advertise to the most relevant
audience
Interact with people in a way
traditional broadcasting cannot
Track successes and
interactions in real time
Take the broad out of
broadcasting
Top 5 reasons
1.
2.
3.
4.
5.
WHY INVEST IN
PROGRAMMATIC
RADIO?
5.
DEMYSTIFY DIGITAL
8
How will programmatic radio
benefit your campaign?
With programmatic radio, we are
able to target users much more
granularly. You can choose:
When your ad will be served
Where your ad is served
Which listeners to target
1.
2.
3.
BUY RADIO
PROGRAMMATICALLY
6.
DEMYSTIFY DIGITAL
9
Radio has boomed. It has
reverberated across the digital
landscape by keeping audiences
finely tuned.
79% of audio consumption takes
place when people are engaged in
other activities, where visual media
cannot reach them.
FINELY TUNED
AUDIENCES
7.
DEMYSTIFY DIGITAL
10
Only when a user listens to 95% of
the advert will they then be
counted as an impression.
Digital audio is becoming bigger
than ever, with audio apps now
accounting for 19% of all app time.
THE 95% RULE
8.
DEMYSTIFY DIGITAL
11
Traditional broadcasting methods
can sometimes be ineffective when
trying to reach millennials.
75% of millennials listen to more
music than baby boomers. That
places radio as a valid channel to
advertise to millennials.
TARGET
MILLENNIALS
9.
DEMYSTIFY DIGITAL
12
THE BENEFITS OF
PROGRAMMATIC RADIO
Easily target millennials
Highly influential
Logged in users provide valuable
data
Take advantage of cross platform
advertising
Target through geo-location and
day parting
1.
2.
3.
4.
5.
10.
DEMYSTIFY DIGITAL
13
THE STATS
of the adult population listen to
online audio streaming weekly
Listen to radio via a digital platform of 15-24 year old social media users
receive updates about their favourite
radio station
Average number of hours people
listen to online radio weekly
90%
42%6 in 10
Adults
1.049
Billion
Every trade and
profession has a
language of its own.
Whether you call them
power words, marketing
spiel or buzzwords,
the whole meaning is
long-winded and often
confusing.
When it comes to
digital, often you need
to decode the terms to
understand the data grit.
Term
Ad Rank A value thatʼs based on a combination of your bid amount,
Quality Score and the expected impact from your ad
extensions. Your Ad Rank determines your ad position
Behavioural
Targeting past browsing behaviours
Clicks The amount of times your ad is clicked on
Contextual
Targeting
Information on the contents of the webpage that a user
is viewing upon ad call, usually used for ad targeting. For
example, if the user is viewing a newspaper article about
travel, an airline may wish to display on that page
Conversions A conversion is when someone applies for something or
Conversion Pixel
ad, registering, making a purchase, or completing another
action. Advertisers can place conversion pixels on a landing
page, registration page, checkout pages, or elsewhere to
track conversions
Conversion Rate Conversion rate tells you how often, on average, an
interaction leads to a conversion. This is calculated by:
Total conversions/total clicks or interactions
Converted Clicks The total amount of converted clicks
DEMYSTIFY DIGITAL: DECODING THE TERMS
At Crunch we get this,
so to assist your clients,
weʼve put together this
useful digital decoder
to demystify digital.
Subscribe to our
e-newsletter to receive
future editions of
our Demystify Digital
series.
DEMYSTIFY DIGITAL
14
Cookie
browser and then sent back unchanged by the client each
time it accesses that server. HTTP cookies are used for
authenticating, session tracking, and storing information
habits. Advertisers often use cookies to track the number
and frequency of advertisements that have been shown.
Cost Per
Conversion
The average cost per conversion is how much you have
paid on average per conversion. IT is calculated by: Cost/
total conversions
CPA Cost per action/acquisition. A payment model in which
advertisers pay for every action, such as a sale or
registration, completed as a result of a visitor clicking on
their advertisement. Note that an “acquisition” is the same
as a “conversion”
CPC Cost Per Click is the average amount that a clicks costs.
This is calculated by: Total Cost/Clicks
CPM Cost Per 1000 Impressions is the average amount you have
been charged for 1,000 impressions
Creative The actual graphical advertisement itself. Common creative
formats include GIF, JPEG, JavaScript, HTML, and Flash
CTR Click Through Rate is the rate at which your ad is clicked
as a percentage. This is calculated by: Clicks/impressions
Frequency The act of limiting, or “capping” how often a particular
creative can be served to a user. For example, an advertiser
might use frequency capping to ensure that an ad could be
shown to the same user no more than three times per 24
hours
DEMYSTIFY DIGITAL: DECODING THE TERMS
Google Display
Network
Includes a collection of sites that partner with Google, and
Google sites such as YouTube and Gmail
Google Search
Network
Includes a collection of sites that display Google search
results including Google Search, Images, Maps, Shopping,
Groups, and sites that partner with Google as search
partners
Impressions The amount of times your ad is seen
In-banner Video In-banner video is a type of creative played in a standard
banner rather than in a video player. Any banner placement
may accommodate an in-banner video creative, if allowed
by the publisher
In-stream Video In-stream video is a type of creative played in video players
on Web pages. This creative type uses VAST XML to
ensure proper rendering in players and are shown before,
in the middle of, or after other video content
Interactive
Advertising Bureau
(IAB)
An online ad industry association focused on the growth of
the interactive advertising marketplace whose stated goal is
to educate “marketers, agencies, media companies and the
wider business community about the value of interactive
advertising”. Read more at the IABʼs website
Programmatic
Buying
Buying through automated means, for example, by setting
up a campaign in a real time bidding exchange or other
automated system
Reach The number of unique user IDs that can be reached by
online advertising
DEMYSTIFY DIGITAL
15
DEMYSTIFY DIGITAL: DECODING THE TERMS
Retargeting Targeting users who have performed an action in the past,
who may therefore be more likely to perform the same
or a similar task in the future. For example, an advertiser
might wish to put a segment pixel on their website and
then target users who have visited the website in the past
because they are more likely to make a purchase
Rich Media Rich media refers generally to media that has non-standard
characteristics such as: Larger than ~40k, out-of-banner
(OOB) behaviour, features like “post to Facebook,” plays
video within a banner, or in-creative metrics collection.
Expandable creatives are examples of rich media creatives
ROI
when money is invested. ROI can also be an idiom for
ad trading and business in general
A/B Split Testing A method used to determine the best ad. By showing
multiple ads over a course of time, split testing helps
determine which combination of ad headlines, ad text,
View Through
Conversion
A View through conversion is when someone has seen your
ad but then converted via an alternative route. For example,
someone sees your ad on the display network but then
decides to search for the product or service on the search
network
UTM Tags A UTM code is a simple code that you can attach to a
custom URL in order to track a source, medium, and
campaign name. This enables Google Analytics to tell you
where searchers came from as well as what campaign
directed them to you
Open Rate The rate in which email ads are opened. This is calculated
by: emails delivered/opens
Bounce Rate The percentage of visitors to a particular website who
navigate away from the site after viewing only one page
Dwell Time Dwell time is the actual length of time that a visitor spends
on a page before returning to the search engine results
page
Google Analytics Google Analytics is a freemium web analytics service
Ad Serving Ad serving describes the technology and service that places
advertisements on web sites
Conversion Rate
Optimisation
Conversion rate optimisation is a system for increasing
the percentage of visitors to a website that convert into
customers, or more generally, take any desired action on a
webpage
Optimisation The process in which campaigns are adjusted to help them
perform better
Multivariate
Testing
Multivariate testing is a technique for testing a hypothesis
multivariate testing is to determine which combination
of variations performs the best out of all of the possible
combinations
Control The original page in an A/B split test or multi-variant test
DEMYSTIFY DIGITAL
16
From the Digital Experts: An essential bite-size guide to the
acronyms and underpinning of modern digital advertising.
P O W E R E D B Y
PRPGRAMMATIC RADIO
DEMYSTIFY DIGITAL
Stay in touch: crunchsimplydigital.com

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Demystify digital episode 2 - programmatic radio

  • 1. From the Digital Experts: An essential bite-size guide to the acronyms and underpinning of modern digital advertising. PROGRAMMATIC RADIO DEMYSTIFY DIGITAL P O W E R E D B Y
  • 2. 3 Demystify 4 We demystify digital 5 The Programmatic Cycle 6 Digital audio weekly reach 7 Why invest in Programmatic Radio? 8 Buy radio Programmatically 9 Finely tuned audiences 10 19% of all app time 11 Target millennials 12 The benefits of programmatic radio 13 The stats 14 Demystify Digital: Decoding the terms CONTENTS DEMYSTIFY DIGITAL 2
  • 3. DEMYSTIFY DEMYSTIFY DIGITAL 3 We continuously support our ad-agency clients, and are forever looking for new innovative ways to do that. One way is through our Demystify Digital Guides. This is the second instalment in the series and focuses on Programmatic Radio.
  • 4. Pioneering Programmatic 1. WE DEMYSTIFY DIGITAL DEMYSTIFY DIGITAL 4 Crunch Simply Digital exists to make their clientʼs business flourish through digital media. Crunch specifically deals with online advertising, and specialise in programmatic media buying.
  • 5. Billions of media buying decisions made in milliseconds drive unparalleled efficiencies from your budget. 1. Crunch inputs the targeting profiles 2. We move on to scanning the entire market place 3. Our Digital Consultantʼs identify target content or users THE PROGRAMMATIC CYCLE 4. We then bid against competitors for the space 5. Once we have bought the space we can serve the ad 6. Our in-house experts then analyse the response 7. And make adjustments to refine the targeting profiles 2. DEMYSTIFY DIGITAL 5 SIMPLIFYING PROGRAMMATIC Input targeting profiles Scan th e entiremarket Identifytargetc ontent Bid againstcompetitors Serve the ad Analyse response Adjusttargetingprofile 1 7 6 5 4 3 2
  • 6. DEMYSTIFY DIGITAL “BY THE TIME YOUʼVE PICKED UP YOUR PHONE TO A MEDIA REP - TOO LATE, THE AUDIENCE HAS SHIFTED” - CRUNCH 3. DEMYSTIFY DIGITAL 6 Thatʼs 40% of the population DIGITAL AUDIO WEEKLY REACH 21.9 MILLION
  • 7. 4. DEMYSTIFY DIGITAL 7 Appear on the biggest/most influential audio platforms Advertise to the most relevant audience Interact with people in a way traditional broadcasting cannot Track successes and interactions in real time Take the broad out of broadcasting Top 5 reasons 1. 2. 3. 4. 5. WHY INVEST IN PROGRAMMATIC RADIO?
  • 8. 5. DEMYSTIFY DIGITAL 8 How will programmatic radio benefit your campaign? With programmatic radio, we are able to target users much more granularly. You can choose: When your ad will be served Where your ad is served Which listeners to target 1. 2. 3. BUY RADIO PROGRAMMATICALLY
  • 9. 6. DEMYSTIFY DIGITAL 9 Radio has boomed. It has reverberated across the digital landscape by keeping audiences finely tuned. 79% of audio consumption takes place when people are engaged in other activities, where visual media cannot reach them. FINELY TUNED AUDIENCES
  • 10. 7. DEMYSTIFY DIGITAL 10 Only when a user listens to 95% of the advert will they then be counted as an impression. Digital audio is becoming bigger than ever, with audio apps now accounting for 19% of all app time. THE 95% RULE
  • 11. 8. DEMYSTIFY DIGITAL 11 Traditional broadcasting methods can sometimes be ineffective when trying to reach millennials. 75% of millennials listen to more music than baby boomers. That places radio as a valid channel to advertise to millennials. TARGET MILLENNIALS
  • 12. 9. DEMYSTIFY DIGITAL 12 THE BENEFITS OF PROGRAMMATIC RADIO Easily target millennials Highly influential Logged in users provide valuable data Take advantage of cross platform advertising Target through geo-location and day parting 1. 2. 3. 4. 5.
  • 13. 10. DEMYSTIFY DIGITAL 13 THE STATS of the adult population listen to online audio streaming weekly Listen to radio via a digital platform of 15-24 year old social media users receive updates about their favourite radio station Average number of hours people listen to online radio weekly 90% 42%6 in 10 Adults 1.049 Billion
  • 14. Every trade and profession has a language of its own. Whether you call them power words, marketing spiel or buzzwords, the whole meaning is long-winded and often confusing. When it comes to digital, often you need to decode the terms to understand the data grit. Term Ad Rank A value thatʼs based on a combination of your bid amount, Quality Score and the expected impact from your ad extensions. Your Ad Rank determines your ad position Behavioural Targeting past browsing behaviours Clicks The amount of times your ad is clicked on Contextual Targeting Information on the contents of the webpage that a user is viewing upon ad call, usually used for ad targeting. For example, if the user is viewing a newspaper article about travel, an airline may wish to display on that page Conversions A conversion is when someone applies for something or Conversion Pixel ad, registering, making a purchase, or completing another action. Advertisers can place conversion pixels on a landing page, registration page, checkout pages, or elsewhere to track conversions Conversion Rate Conversion rate tells you how often, on average, an interaction leads to a conversion. This is calculated by: Total conversions/total clicks or interactions Converted Clicks The total amount of converted clicks DEMYSTIFY DIGITAL: DECODING THE TERMS At Crunch we get this, so to assist your clients, weʼve put together this useful digital decoder to demystify digital. Subscribe to our e-newsletter to receive future editions of our Demystify Digital series. DEMYSTIFY DIGITAL 14
  • 15. Cookie browser and then sent back unchanged by the client each time it accesses that server. HTTP cookies are used for authenticating, session tracking, and storing information habits. Advertisers often use cookies to track the number and frequency of advertisements that have been shown. Cost Per Conversion The average cost per conversion is how much you have paid on average per conversion. IT is calculated by: Cost/ total conversions CPA Cost per action/acquisition. A payment model in which advertisers pay for every action, such as a sale or registration, completed as a result of a visitor clicking on their advertisement. Note that an “acquisition” is the same as a “conversion” CPC Cost Per Click is the average amount that a clicks costs. This is calculated by: Total Cost/Clicks CPM Cost Per 1000 Impressions is the average amount you have been charged for 1,000 impressions Creative The actual graphical advertisement itself. Common creative formats include GIF, JPEG, JavaScript, HTML, and Flash CTR Click Through Rate is the rate at which your ad is clicked as a percentage. This is calculated by: Clicks/impressions Frequency The act of limiting, or “capping” how often a particular creative can be served to a user. For example, an advertiser might use frequency capping to ensure that an ad could be shown to the same user no more than three times per 24 hours DEMYSTIFY DIGITAL: DECODING THE TERMS Google Display Network Includes a collection of sites that partner with Google, and Google sites such as YouTube and Gmail Google Search Network Includes a collection of sites that display Google search results including Google Search, Images, Maps, Shopping, Groups, and sites that partner with Google as search partners Impressions The amount of times your ad is seen In-banner Video In-banner video is a type of creative played in a standard banner rather than in a video player. Any banner placement may accommodate an in-banner video creative, if allowed by the publisher In-stream Video In-stream video is a type of creative played in video players on Web pages. This creative type uses VAST XML to ensure proper rendering in players and are shown before, in the middle of, or after other video content Interactive Advertising Bureau (IAB) An online ad industry association focused on the growth of the interactive advertising marketplace whose stated goal is to educate “marketers, agencies, media companies and the wider business community about the value of interactive advertising”. Read more at the IABʼs website Programmatic Buying Buying through automated means, for example, by setting up a campaign in a real time bidding exchange or other automated system Reach The number of unique user IDs that can be reached by online advertising DEMYSTIFY DIGITAL 15
  • 16. DEMYSTIFY DIGITAL: DECODING THE TERMS Retargeting Targeting users who have performed an action in the past, who may therefore be more likely to perform the same or a similar task in the future. For example, an advertiser might wish to put a segment pixel on their website and then target users who have visited the website in the past because they are more likely to make a purchase Rich Media Rich media refers generally to media that has non-standard characteristics such as: Larger than ~40k, out-of-banner (OOB) behaviour, features like “post to Facebook,” plays video within a banner, or in-creative metrics collection. Expandable creatives are examples of rich media creatives ROI when money is invested. ROI can also be an idiom for ad trading and business in general A/B Split Testing A method used to determine the best ad. By showing multiple ads over a course of time, split testing helps determine which combination of ad headlines, ad text, View Through Conversion A View through conversion is when someone has seen your ad but then converted via an alternative route. For example, someone sees your ad on the display network but then decides to search for the product or service on the search network UTM Tags A UTM code is a simple code that you can attach to a custom URL in order to track a source, medium, and campaign name. This enables Google Analytics to tell you where searchers came from as well as what campaign directed them to you Open Rate The rate in which email ads are opened. This is calculated by: emails delivered/opens Bounce Rate The percentage of visitors to a particular website who navigate away from the site after viewing only one page Dwell Time Dwell time is the actual length of time that a visitor spends on a page before returning to the search engine results page Google Analytics Google Analytics is a freemium web analytics service Ad Serving Ad serving describes the technology and service that places advertisements on web sites Conversion Rate Optimisation Conversion rate optimisation is a system for increasing the percentage of visitors to a website that convert into customers, or more generally, take any desired action on a webpage Optimisation The process in which campaigns are adjusted to help them perform better Multivariate Testing Multivariate testing is a technique for testing a hypothesis multivariate testing is to determine which combination of variations performs the best out of all of the possible combinations Control The original page in an A/B split test or multi-variant test DEMYSTIFY DIGITAL 16
  • 17. From the Digital Experts: An essential bite-size guide to the acronyms and underpinning of modern digital advertising. P O W E R E D B Y PRPGRAMMATIC RADIO DEMYSTIFY DIGITAL Stay in touch: crunchsimplydigital.com