Digital Advertising, A-to-Z
Digital advertising is the land of acronyms and technical terms. Our glossary can help you make sense of it all with definitions of the most common terminology.
A
ABOVE THE FOLD
An ad is above the fold when the ad is placed within the viewframe of the content. In other words, it is visible on the consumer’s screen after page or app loads.
ACQUISITION
Acquisition advertising is a marketing goal designed to grow an organization’s customer base, drive traffic visits or grow sales.
ACTIVE ELEMENTS
Design components of an ad such as logos, call to action, descriptions, and ratings that are dynamically combined with images from a product catalog to create customized native ads.
AD EXCHANGE
An ad exchange is a neutral technology platform that facilitates the buying and selling of advertising inventory. Ad prices are determined through bidding in a real-time auction (also known as RTB (Real-Time Bidding)).
AD FORMATS
A specification for advertising creative that often includes whether the ad will contain text, audio or graphical content, the size of the creative and the web-enabled device used to view the creative. The Interactive Advertising Bureau (IAB) has defined standard ad formats, there are also native formats which are custom to a site.
AD LAYOUT
The way the components of a banner (e.g., product images, prices, descriptions, titles) are organized within a banner.
AD TECH
Ad tech, short for "advertising technology", are technology services that provide marketers with the ability to engage people across digital properties to achieve marketer-specified outcomes (e.g., brand awareness, engagement, consideration, conversion) and provide media owners selling & yield tools to better monetize their inventory.
ADAPTIVE CONVERSION OPTIMIZATION (ACO)
An AI Engine feature and the evolution of conversion optimization. ACO maximizes the number of client sales with a Cost per Order (CPO) target by dynamically adjusting bids every hour.
ADAPTIVE DESIGN
Design that adapts digital content to the consumer’s device and browser.
ADDRESSABLE ADVERTISING
Advertising that relies on identifiers to improve the planning, engagement, measurement and optimization of digital advertising.
AI/ML
Artificial Intelligence (AI) & Machine Learning (ML). ML is a subset of AI which allows a machine to automatically learn from past data without programming explicitly. The goal of AI is to automate decisions to solve complex problems that previously required a human-in-the-loop. AI/ML effectiveness is improved when supplied with scaled, accurate and timely data.
ALGORITHM
A set of rules to transform a predefined set of inputs into an output. AI Engine uses algorithms to predict and recommend content to people and tactics to media owners and marketers to achieve better outcomes.
App-Events SDK
The App-Events Software Development Kit (SDK) is an easy-to-use developer toolkit that enables marketers to benefit from in-app events and transactions to improve their messaging and media buying strategies.
ARBITRAGE
Paying publishers on one metric (e.g., CPM) and selling to buyers on another metric (e.g., CPC) to improve one’s margin, while reducing risk to buyers – they only pay for what they wanted (clicks in this example).
ATTRIBUTE
A probabilistic (e.g., purchase intender) or deterministic (e.g., purchase event) piece of information linked to an identifier.
ATTRIBUTION
Marketing attribution is how marketers assign credit for the success of their advertising campaigns. It evaluates the marketing touchpoints a consumer encounters on their path to a desired outcome (such as purchase). The goal of attribution is to determine which channels and messages had the greatest impact on the decision to take the desired action (such as click or conversion).
AUDIENCE
Also called Audience Segment, is a set of identifiers that share some attribute characteristics in common. Marketers use audiences as one engagement tactic to ensure they can focus their limited media budgets on the people most likely to generate a positive outcome for the marketers’ business.
AVERAGE CART
The average revenue generated by a campaign’s sales. This KPI is calculated by dividing the total revenue by the total orders over a given time period. Average cart can be tracked for any time period, but the most common is the moving monthly average.
AWARENESS
Awareness advertising is a marketing goal designed to increase consumer familiarity with a brand, either at the organization level or for particular products and services and their benefits.
B
BANNER AD
An online creative placed on a media owner’s digital property (e.g., a publisher’s webpage). A traditional display banner usually has a preset size (e.g., 300X250 pixels) and often includes a combination of images and text.
BEHAVIORAL TARGETING
Behavioral Targeting, also known as Online Behavioral Targeting (OBA) or Interest-based Advertising, generates an attribute from a consumer's prior activity, such as the number of pages visited about a particular topic or interactions with content (including ad clicks) associated with a particular brand.
BID PRICE OPTIMIZATION
Automatically adjusting the amount a marketer will bid on a particular impression due to a variety of inputs that define the value of that impression to the marketer.
BLOCKLIST
A list of IP addresses, publishers, advertisers, contexts & keywords, or products that should be excluded from a campaign.
BOUNCE TRACKING
Bounce tracking (also called link tracking) relies on adding parameters to URLs to transfer information across organizations. It is used by multiple supply chain partners for millions of websites, such as authentication providers, credit card verification, and even Google and Facebook to track clicks on advertiser links within Search and ads in their digital properties. Both UID2 and Prebid SSO also rely on this technology to ensure user opt-in preferences can be communicated across the various sites people visit, despite the active interference by Internet Gatekeepers.
BRAND / AGENCY DSP
A demand side platform (DSP) is programmatic software for advertisers. A DSP helps facilitate media buying from numerous publishers through SSPs, ad exchanges, ad networks, and direct integrations. DSPs help brands and agencies (the demand side) determine which impressions to buy and at what price (the supply side).
BRAND AFFINITY
The likelihood of positive sentiment among a brand and a number of other elements (pages, people, other brands).
BRAND LIFT
A measure of Incrementality, as it compares the difference in awareness between a group of people exposed to ads vs a comparable control group who were not exposed to ads.
BRAND SAFETY & FRAUD PREVENTION
Brand Safety tools control automated optimizations to ensure a media owner or marketer’s definitions of acceptable content are applied to the media they sell or buy, respectively. Fraud Prevention refers to automated optimization to eliminate non-human traffic or false branding of media in which marketers are delivering advertising.
BUY
Purchasing ad space on relevant media channels at the optimal time and cost to achieve a pre-determined objective.
BUYER INDEX
AI-driven propensity models that unlock additional commerce media engagement opportunities. Buyer Index uses shopper intent data mapped to contextual signals to drive superior marketing outcomes.
C
CALIFORNIA CONSUMER PRIVACY ACT (CCPA)
California Consumer Privacy Act. A law that secures new privacy rights for California consumers.
CALL TO ACTION (CTA)
A specific button within the ad inviting the consumer to click through on text, like “Buy Now.”
CAMPAIGN
A set of creative, budget and engagement tactics a marketer configures in a DSP to achieve an outcome, measured by a pre-determined set of metrics.
CAPPING
Frequency capping means restricting (capping) the number of times (frequency) a specific visitor is shown a particular ad. See also Frequency Cap.
CATALOG FEED
Advertiser’s product inventory. A product in the feed will typically include a product’s ID, name, description, category, image URL, and the product’s URL on the brand’s website.
CHANNELS
A media channel refers to the specific medium where the advertiser's message will be viewed by its intended audience, often combining ad formats with specific devices (e.g., a video ad served within a social platform and viewed on a mobile device could be considered three channels). Online media channels often include search, display, mobile, social, and video streams.
CLICK-THROUGH RATE (CTR)
Shows how often people who see your ad end up clicking on it. CTR is calculated by dividing the number of clicks on an ad by the number of impressions served.
CLICK/CLICK THROUGH
Each time a consumer clicks on an ad and is taken to the designated endpoint (i.e. could be an advertiser's website).
COHORT AUDIENCES
Google’s Cohort audiences assigns each browser to a single audience segment, based on their browsing behaviors. Cohorts are mutually exclusive, meaning each browser belongs to one and only one Cohort. Each Cohort is meant to be a large group, that prevents marketers from using their audience segmentation for measurement or optimization.
COMMERCE AUDIENCE
An audience that enables advertisers to engage prospects who are interested in specific categories or brands, or with specific socio-demographic features.
COMMERCE DATA
Purchase and intent data that provides insight into consumer behaviors and journeys. Our commerce data set includes: demographics, location, ad clicked, pages viewed, products viewed, products purchased, offline sales, and contextual data from publishers, such as URLs, categories, and keywords.
COMMERCE DATA COLLECTIVE
Customers can opt-into accessing the shared pool of catalog, transaction and interest data to enrich and improve the optimized engagement of people across the First Party Media Network. This proprietary data is available only when using DSP. This data is anonymized and each marketer contributes no more than 1% of this data, meaning that every advertiser gets far more than they give.
COMMERCE INSIGHTS
Solution that combines media metrics with organic commerce data to influence retail media and even help optimize content and merchandising decisions.
COMMERCE INTENT
People who are likely to purchase a given product or service. See In-market Audience.
COMMERCE MEDIA
Digital advertising that combines commerce data and intelligence to help marketers and media owners drive commerce outcomes.
COMMERCE MEDIA PLATFORM
Encompasses DSP and SSP, and is powered by the world’s largest set of commerce data to help marketers and media owners reach and monetize audiences and drive commerce outcomes.
COMPETITION WIN %
The share of targeted impressions that a marketers wins in a programmatic market.
COMPOSER
Composer is a core component of DCO+. It allows Creative Services to build a digital design framework for each client based on its brand guidelines.
CONNECTED TV (CTV)
A device where ads are served within shows and movies that are streamed via over-the-top (OTT) services on any connected TV (televisions with a built-in internet connection) or streaming devices (like Apple TV, Amazon Firestick or Roku).
CONSENT MANAGEMENT PLATFORM (CMP)
Consent Management Platform (CMP) is a platform that is used by publishers for requesting, receiving, storing and updating users’ consent. CMPs usually employ a user-friendly interface to let users allow/disallow vendors to track, target, share their online footprint.
CONSIDERATION
Consideration advertising is a marketing goal designed to entice people to connect with a brand and learn more about its benefits.
CONSUMER
A consumer is a user browsing the internet, who sees and interacts with ads and who is looking to buy a product.
CONTEXTS
The environment surrounding the ad placement. Typical context signals are URL, category level, text and images.
CONTEXTUAL TARGETING
Contextual targeting matches an ad to a page, based on its content. It enables advertisers to display ads to groups of consumers based on their interests and digital content.
CONVERSION RATE (CR)
The percentage of completed outcomes compared to the clicks that occurred.
COOKIE
A small text file stored on the user's computer that enables web servers to fund and improve the experiences of people as they navigate across the web.
COST OF SALES (COS)
The ratio between the total cost of the campaign and the sales that the campaign generated. In other words, your ad cost as a percentage of revenue.
COS = Ad spend / Revenue driven
COST PER ACQUISITION (CPA)
The amount a marketer spends for a consumer's action, i.e. a purchase, a form submission, a completed booking. Calculated as total cost divided by total conversions.
COST PER CLICK (CPC)
The price a marketer pays each time a consumer clicks on your ad. Calculated as total cost divided by total clicks.
COST PER INSTALL (CPI)
The price a marketer pays for each app install. Calculated as total cost divided by total installs.
COST PER LEAD (CPL)
The price a marketer pays for each lead generated, usually identified as a form fill where contact information is obtained. Calculated as total cost divided by total leads.
COST PER MILLE (CPM)
Cost per thousand impressions (Cost Per Mille). The amount a buyer pays publisher partners on a CPM basis: for every thousand impressions delivered on the partner’s website. (Revenue/Impressions) x 1000.
COST PER ORDER (CPO)
The average price a marketer pays for each order. Calculated as total cost divided by total number of orders.
COST PER VIEW (CPV)
The price a marketer pays each time a video ad is viewed. Usually, a consumer must watch a minimum duration on the video ad for it to count as a completed view. Calculated as total cost divided by total completed views.
CREATIVE STUDIO
Custom creative built by Agency Creative Consultants using Studio.
CUSTOM AUDIENCE
An audience that is built specifically for a customer or a single use case.
CUSTOMER CATALOG FILES
Also referred to as Catalog Feed. Advertiser’s product inventory. A product in the feed will typically include a product’s ID, name, description, category, image URL, and the product’s URL on the brand’s website.
CUSTOMER DATA PLATFORM (CDP)
Customer Data Platform (CDP) is similar to Data Management Platform (DMP) but often contains PII (Personally Identifiable Information, i.e. directly-identifiable identity data), which can be used for email, etc.
D
DATA MANAGEMENT PLATFORM (DMP)
Software-based solution that aggregates and processes data feeds that provide insights into audiences and targeting for buyers and sellers of ads.
DATA WAREHOUSE
A data warehouse is a large database often fed from multiple data stores.
DEAL ID
A Deal Identifier is a unique number that usually consists of 19 characters and is generated by the publisher’s supply-side platform (or an ad server) for a programmatic direct deal (i.e. private auctions for private marketplaces, or preferred deals, or guaranteed deals). Deal ID enables media buyers to identify publishers in the auction and buy their premium inventories based on certain pre-negotiated terms.
DEDUPLICATED REACH
Counting unique households or individuals reached by advertising.
DEMAND-SIDE PLATFORM (DSP)
Technology platform used by marketers to achieve outcomes via targeting tactics, a centralized system for campaign management & reporting, plus access to wide scale of inventory.
DEVICES
The internet-enabled hardware (e.g., PC, tablets, mobiles, TV), that people use to view and interact with digital media, and purchase products and services.
DIGITAL SHELF
The online equivalent of the brick-and-mortar shopping experience. The digital shelf is where a brand's product is displayed online, and can include search results and product detail pages on retailer websites and apps, marketplaces, and other ecommerce channels.
DIRECTLY IDENTIFIABLE INFORMATION
An identifier that links or is intended to link to a person’s directly-identifiable offline identity. Examples include a full name, Social Security number, driver’s license number, bank account number, passport number, or email address. Also called Personally Identifiable Information (PII).
DYNAMIC ADS
An ad automatically personalized for the consumer viewing it in order to create additional engagement and conversions.
DYNAMIC BUDGET REALLOCATION
Automated adjustments among various tactics within a campaign’s pre-defined budget.
DYNAMIC CREATIVE
Responsive ad type that leverages the product catalog to dynamically optimize the content and messaging, delivering a personalized experience to each consumer.
DYNAMIC CREATIVE OPTIMIZATION+ (DCO+)
Ad technology that in real-time matches the ideal creative template, and elements within it (e.g., text, image, links), based on data about the viewer and their current environment (e.g., geographic location, connection speed, screen size).
E
EFFECTIVE COST PER MILLE (ECPM)
A relevant KPI selected by the advertiser (CTR/CR/COS) divided by impressions delivered, regardless of the pricing model used to purchase the impressions (CPM, CPC, CPA, CPL, CPCV, etc). Example for a typical CPC charging model: eCPM = (CPC x clicks / impressions) x 1000.
ENRICHED CATALOG
A catalog of products from a partner with an improved quality of data per additional fields of rich media (called enrichments) such as product videos. It has a version composed of an import date and an enrichment date.
EXPERIENCE MANAGEMENT
Tools to enable marketers to improve the matching of content to people interacting with their digital properties.
EXCHANGE
The Exchange is a neutral marketplace for sellers and buyers to match demand to supply – by neutral it does not favor one side over the other, similar to stock exchanges.
F
FLEDGE
Google's First Locally-Executed Decision over Groups Experiment (FLEDGE) is Google’s proposal to measure the effectiveness of Google's TURTLEDOVE auction mechanism as being a viable replacement for the interoperable identifiers that support the decentralized, open web. FLEDGE is based on concepts from the TURTLEDOVE proposal (i.e. it operates by making ad auction decisions in the browser itself, rather than at the ad server level), but includes feedback from other proposals.
FLOC
Google's Federated Learning of Cohorts” (FLoC) proposal relies on the Chrome browser to collect and process people’s behavior across various web sites and assign each browser to a single Cohort audience. According to GitHub, “The browser uses machine learning algorithms to develop a cohort based on the sites that an individual visits. The algorithms might be based on the URLs of the visited sites, on the content of those pages, or other factors."
FREQUENCY CAP
The maximum amount of times a given ad will be shown to a unique user within a specified time period.
FULL-FUNNEL MARKETING
A strategy that addresses the full shopper journey and incorporates objectives for all stages of the purchase funnel: awareness, consideration, and conversion.
G
GENERAL DATA PROTECTION REGULATION (GDPR)
The EU GDPR harmonizes data privacy laws across Europe. It protects the privacy of EU citizens and applies to all companies collecting or processing personal data on individuals in the EU, even if not established in the EU.
GEOTARGETING
The controls to serve ads to consumers based on location.
GUARANTEED DEALS
A type of programmatic deal based on a guaranteed volume of impressions sold at a fixed price and for a guaranteed budget.
H
HASHED EMAIL
Encrypted version of an email that enables cross-device experiences. Often organizations add a salt to the hashing mechanism to transform the email into more privacy-by-design pseudonymous identifier. Usually referred to as HEM. MD5 and SHA256 are the most used hashing methods.
HEAD TO HEAD TEST (H2H)
A period during which an advertiser will run two competing solutions at the same time to assess which one performs better.
HEADER BIDDING
Header bidding is an advanced programmatic technique wherein publishers offer inventory to multiple ad exchanges simultaneously before making calls to their publisher ad servers.
HTML
An acronym for Hypertext Markup Language (HTML), which is the coding language for rendering interactive content on open web.
i
IDENTITY DATA & RESOLUTION
Process of collecting and matching identifiers across devices and touchpoints to build a cohesive, omnichannel view of individual customers, enabling marketers to deliver personalized, contextually relevant messaging throughout the customer journey.
IDENTITY GRAPH
Identity Graph links identifiers across devices, browsers and apps. Prospects that are not yet customers or shoppers are linked to identifiers the same way as existing customers.
IMPRESSION (OR DISPLAY)
An opportunity to serve an ad to a consumer on a digital device.
IN-MARKET AUDIENCE
People who are likely in the market to purchase a given product or service. See Commerce Intent.
IN-MOMENT CONTEXT
Commerce Intent data to match to a likely product / consumer / page ranking. Using this technique allows to serve relevant ads based on page context.
INCREMENTALITY
Incrementality is an advanced method to measure marketing effectiveness that seeks to show that those that purchased did so because they were exposed to advertising content (i.e. “attribution”).
INSERTION ORDER (IO)
The contract signed by an advertiser/agency to validate a new budget for an advertising campaign. It is signed by the advertiser.
INTERACTIONS
Touchpoints of when a consumer sees, clicks, visits a store, or other activity related to the marketing and monetization efforts of our customers.
INTERACTIVE ADVERTISING BUREAU (IAB)
A trade body organization that helps sets standards and guidelines for digital advertising.
INTEREST MAP
Collective data that associates people’s activity and transaction patterns to standard product, category, and brand identifiers.
INVENTORY MANAGEMENT
A process used by media owners to package and monetize the ad space in their digital properties.
K
KEY PERFORMANCE INDICATOR (KPI)
The target or result that you want to achieve. In other words, it’s how you measure the success of a campaign. Common KPIs are ROAS, COS, and CPL and CPV .
L
LAST-TOUCH ATTRIBUTION
See "Attribution". A widespread type of attribution model, that assigns 100% credit to the final touchpoints (i.e., clicks) that immediately precede sales or conversions.
LIFETIME VALUE (CLV)
Customer Lifetime Value (CLV) is a metric to capture the net profit contributed by a customer. Companies aim to ensure a high CLV through marketing techniques.
LIQUID DESIGN
Liquid ad layouts are based on percentages of the current browser window’s size. They remain consistent in size and relative page weight regardless of who is viewing the page.
LOOK-ALIKE
An AI-driven audience scoring process to identify similar audiences to an initial segment (called “seed data”), that is frequently a marketer’s existing first party data.
LOOKALIKE FINDER
It creates audiences called Similar Audiences by using AI and the Shopper Graph to find new consumers with similar characteristics to a company’s best customer.
M
MANAGEMENT CENTER (FORMERLY CPP)
Performance-monitoring interface used both internally and externally to track the daily performance of advertisers and publishers and to monitor/change budgets and CPC of our advertisers.
MARKETER
A marketer engages and grows customers for their organization’s products and services by matching content to desirable audiences. The function of marketing encompasses audience definition (who & where), content creation (what), budget and bid price allocation across media (how much), and content matching tactics (what & when) to drive improved outcomes (how well).
MEASURE
Media measurement quantifies the exposure and relative success of advertising campaigns against the goals and KPIs set out in the planning phase.
MEASUREMENT DATA
Data derived from analyzing the performance of marketing campaigns across the marketing funnel. Some of the data points captured across the marketing funnel include; Impressions, page views, clicks, unique visits, leads, sales/purchases, repeat purchases.
MEDIA PLAN
Media planning is the process by which marketers determine who to engage, where to reach them, when to message, and how frequently to maximize engagements and ROI.
MINDSHARE (MARKETING TERM)
Percent of an advertiser's pre-defined audience that is exposed to at least one ad.
MOBILE ADS
Standardized ad units designed for mobile devices, including smartphones and tablets.
MOBILE ADVERTISING IDENTIFIERS (MAIDS)
Unique and anonymous identifiers provided by a mobile device’s operating system. Apple plans to change the usage of its mobile identifiers (IDFA) on Apple devices to ask users to “opt-in” to any rival apps not controlled by Apple before allowing them to receive the IDFA. Note, Apple does not apply these same policies to its own apps.
MONETIZATION
Monetization is the process of turning an asset into revenue, for Media Owners this can be ad space on their digital properties, their data or converting visitors into customers.
MULTI-TOUCH ATTRIBUTION
See "Attribution". Type of attribution models that assign credit to multiple touchpoints (i.e., clicks) that precede sales or conversions. Linear or time-decay are typical multi-touch attribution models (as opposed to last-click or first-click models that give credit to a single touchpoint).
N
NATIVE ADS
Ads that look and feel like the surrounding content in an attempt to improve consumers' experience by letting ads blend into the content backdrop. Ads on Pinterest (such as Promoted Pins) are a good example of native ads.
NETWORK
Direct publisher and supply relationships ensure the most efficient paths to achieve marketer outcomes.
O
OMNICHANNEL RETAIL
Refers to a retail environment selling products across online and offline channels and creating a consistent customer experience across those sales channels. Typical channels include online retailers, marketplaces, social channels and brick-and-mortar stores.
ONLINE VIDEO (OLV)
OLV is a video ad format commonly referred to in reference to video advertising on web and mobile app devices (as opposed to Connected TV devices).
OPEN INTERNET
Also called the Open Web, which refers to digital publishing and advertising outside walled gardens, such as search and social platforms.
OPT-OUT
A user-signaled preference to no longer receive behaviorally targeted ads. Users can opt-out of receiving behaviorally targeted ads.
OUTCOME
An “outcome” achieves one or more success metrics (aka “KPI”) that our Marketer and Media Owner customers specify .
OUTCOME OPTIMIZATION
Buying solutions are powered by AI to help continuously improve channel, budget, bid, audience and messaging to achieve superior outcomes.
OVER-THE-TOP (OTT)
OTT is any video content "over the top of a cable box". It is an umbrella term that includes both CTV and OLV advertising. Includes services such as Netflix, Hulu, and Sling.
P
PASSBACK
A media owner's ability to repurpose an unfilled impression as a buying opportunity for the next buyer in their waterfall. This is an antiquated and largely inefficient way of running a media owner ad stack, but still exists today.
PERSONALIZE
Personalized marketing uses data to deliver more relevant messages to a desired audience.
PERSONALLY IDENTIFIABLE INFORMATION (PII)
An identifier that links or is intended to link to a person’s directly-identifiable offline identity. Examples include a full name, Social Security number, driver’s license number, bank account number, passport number, or email address. Also called Directly Identifiable Information.
POST-CLICK SALES
Purchase made by a consumer on a website or mobile app within a certain period of time following the user clicking on an ad. This period of time varies by but is typically a maximum of 30 days.
PREBID SSO
The ecosystem’s leading open-source notice and choice framework to generate responsible addressable media identifiers and people’s default privacy signals associated with them. The Prebid solution enables people to signal their preferences with a logged out identifier and optionally supports logged in identifiers to synchronize preferences across devices.
PREDICTED CLICK-THROUGH RATE
Expected click-through rate (CTR) for each possible impression that the AI Engine computes.
PREDICTIVE BIDDING
AI-driven algorithm that adjusts the bid based on the current context and right time for each consumer.
PREFERRED DEALS
A feature, via Deal ID, that allows media owners to carve out certain inventory for certain buyers, usually at a fixed minimum price.
PREMIUM AD INVENTORY
Ad inventory that is considered to be of high quality and is therefore valued at a higher price.
PRIVACY MESH
A privacy-by-design method to ingest first party data. Privacy Mesh defines provenance, purpose, and governs usage, storage and auditing for any data contributed to the eCommerce Data Platform. We never re-identify, sell or leak Customer data.
PRIVATE MARKETPLACE (PMP)
A Private Marketplace (PMP) refers to the real-time auction of publishers’ ad inventory in an invite-only set up with a selected number of advertisers. PMP is an invite-only auction where a publisher invites advertisers to bid on its inventory. Due to this “invite-only” feature, this auction is termed as a private auction.
PREDICTED CLICK-THROUGH RATE
An AI-driven algorithm to improve the match of digital content for specific products based on the shopper’s specific on-site behavior such as navigation, recency, and the types of other products browsed.
PROGRAMMATIC ADVERTISING
Automated ad buying in real time through a software solution as opposed to the traditional method via phone, email or fax.
PROGRAMMATIC DIRECT
See Programmatic Advertising. Programmatic advertising is called "Programmatic Direct" when the deal for buying and selling of this inventory has been made directly between the publisher and advertiser without the involvement of any middlemen. It encompasses programmatic guaranteed deals, preferred deals and private marketplaces (PMP).
PROGRAMMATIC MEDIATION
See Programmatic Advertising. A platform that allows media owners (typically app developers) to plug in multiple demand sources (historically ad networks) to compete for their inventory, usually in a waterfall setup.
PSEUDONYMOUS IDENTIFIER
A form of identifier where an organization has appropriate technical or operational processes in place to keep this identifier distinct from people’s identity. See the antonym Personally Identifiable Information.
PUBLISHER
A website that publishes content (news, etc.) and which often monetizes its traffic by selling ad placements.
PUBLISHER MONETIZATION
How media owners leverage their data and content to drive revenue through advertising.
R
REACH
Share of the marketer's audience exposed to at least one ad.
REACH & PERFORMANCE FORECASTS
AI-driven estimates the scale of people possible to reach and the outcomes to likely expect for a given campaign based on pre-defined metrics.
REAL-TIME AUDIENCE (RTA)
Protocol to communicate with the media owner's ad server to determine whether to show ads to the consumer currently browsing the page.
REAL-TIME BIDDING (RTB)
Buying and selling of ad inventory through a programmatic exchange or software solution. Each ad impression is sold to the highest bidder in real time, in the split second it takes a potential customer’s browser or app to load an ad unit.
REAL-TIME CREATIVE OPTIMIZATION (RTCO)
A sub-feature of DCO+, a Creative Optimization instantly calculates which set of predefined visual elements will be the most engaging to a specific consumer at any given time in any given context.
RECOMMENDATION ENGINE
An algorithm surfaces the most relevant items to a particular consumer.
RENDERER
Proprietary technology that allows us to render fully optimized ads on the media owner's page in real time, enabling billions of ad variations to be available within a given campaign.
RESELLER PROGRAM
Allows retailers to resell Dynamic Retargeting to their brand partners and allows both parties to reach shoppers with co-branded, dynamic ads delivered across top media owners.
RETAIL ADS
Retail advertising is the process by which retailers use store advertising (online and offline) to drive awareness and interest towards their products to generate sales from their target audience. Through advertising, a retailer attempts to influence their audience to drive a specific marketing objective.
RETENTION
Customer retention is a marketing goal designed to engage current or previous customers, often by encouraging continued use of an organization’s products or services
RETURN ON ADVERTISING SPEND (ROAS)
Shows how much revenue you make for every dollar of ad spend. ROAS is expressed as a ratio, like 2:1.
RETURN ON INVESTMENT (ROI)
Digital marketing ROI is usually calculated as Revenue/Cost. Cost usually means initial investment, but also cost of an ad campaign. ROI = 1/COS. In many cases, ROI is equivalent to Return on Ad Spend (ROAS).
S
SALES
When a consumer makes a purchase of the desired product or service.
SAME-DEVICE MATCH
Links different IDs from different applications or browsers on the same device, such as linking a web cookie to a mobile advertising ID.
SECOND-PRICE AUCTION
Mechanism allowing the highest bidder to win, while paying the second-highest bid plus a penny. Encourages buyers to bid their true value, as their paid price will always be equal to or lower than their bid. Second-price auctions are largely being phased out in favor of First-Price Auctions.
SELF-SERVICE PLATFORM
Platform with a front end UI that allows marketers to configure and run campaigns and media owners to set parameters on their inventory and check yield.
SEQUENCED UX
A storytelling technique that allows a marketer customer to define the frequency and order in which different messages are shown.
SHOPPER GRAPH
The Shopper Graph connects online and offline shopper IDs across devices, browsers, apps, and other environments for a more holistic view of each user, helping to boost sales, product visibility, and profits, by harnessing the collective power of tens of thousands of actively participating advertisers, brands, publishers, and retailers.
SHOWROOMING
Shoppers visiting the store to find, try, and gather information on the products but eventually buying online.
SIMILAR AUDIENCES
Similar Audiences are audiences that look like the first-party seed data, used by marketers to extend reach.
SITE OPTIMIZATION
A creative optimization technology that in real-time matches the ideal template, and elements within it (e.g., text, image, links), based on data about the viewer and their current environment (e.g., geographic location, connection speed, screen size).
STATIC AD
Unlike dynamic banners, the content of static banners is pre-prepared.
SUPPLY-PATH OPTIMIZATION (SPO)
Process in which multiple variables are assessed to drive buyers towards the most efficient buying path. This process reduces the number of intermediaries in the supply-chain until each is adding value.
SUPPLY-SIDE PLATFORM
Yield optimization tool that publishers’ rely on to optimize the yield of their indirect sold inventory. SSPs act as an aggregator of inventory for media buying solutions. Service options (self, managed, hybrid) for all technology does not change the name of the software accessed by the hands-on-keyboard.
T
TAGGED USER
A user who visited an advertiser’s website whom identified with a tag (i.e. usually a cookie, but the tag infrastructure can be extended to other forms of identifiers and data collection).
THIRD-PARTY COOKIE (3P COOKIE)
A cookie that is created by domains other than the one a user is visiting directly. 3P cookies store cross-organization addressable identifiers that help improve marketers engagement, measurement and optimization.
THIRD-PARTY DATA (3P DATA)
Data sold by a partner. 3P data is used to enhance and scale audiences.
TRADE MARKETING
A B2B marketing strategy focused on wholesalers, retailers and distributors rather than consumers. Its goal is to increase demand from supply chain partners and to push products in front of consumers. Trade Marketing budgets are shifting to online. Trade Marketing is wider than retail media as it can be both offline & online (e.g. retail media is the most typical channel of online trade marketing).
TURTLEDOVE
TURTLEDOVE (“Two Uncorrelated Requests, Then Locally-Executed Decision On Victory”) proposal attempts to enable consumer retargeting without any marketers receiving any identifier. It operates by making ad auction decisions in the browser itself, rather than at the ad server level. Google has suggested measuring the effectiveness of TURTLEDOVE proposal under the FLEDGE project.
U
USER
An individual with access to the Internet. A user can access the Internet through multiple browsers or devices, and thus have multiple cookies/user IDs.
UNIVERSAL CATALOG
The uniformed and enriched catalog of products that is cross partner and is composed of the last enriched catalog of each partner. It evolves continuously with time. It's important for Marketers to maintain a normalized catalog, as it is used to drive personalization and optimization.
UPLIFT
Uplift is the incremental impact of a treatment (i.e. showing an ad). It is measurable via A/B testing.
UPLIFT
Uplift is the incremental impact of a treatment (i.e. showing an ad). It is measurable via A/B testing.
USER ID
A token attributed to a technical identifier, such as a cookie or device ID, and specific to a given browser or device.
V
VIDEO COMPLETION RATE (VCR)
VCR is a widespread KPI for video campaigns, expressed as a percentage. It is the ratio between the number of completed views and the number of exposed consumers. Usually, a consumer must watch a minimum duration on the video ad for it to count as a completed view.
VIEWABLE ADVERTISING
Viewable advertising is a measure of whether a given advert could actually be seen by a human being, as opposed to being out of view or served as the result of automated activity. It also covers how long a certain ad was visible and viewed by a consumer. The industry-standard usually requires at least 50% pixels of the ad in the browser space for at least 1 second of time (2 seconds usually for video).
VISITS
When a consumer who has seen an advert goes to the desired pages or store to get more information.
W
WALLED GARDENS
A closed / black-box online environment where advertisers have less access to customer data and have less control over how to measure success. Facebook, Google, Amazon are the best examples of Walled Gardens.
WEBROOMING
Shoppers gathering product information online to decide which products to buy but then going to the store to make the purchase.
Y
YIELD
Ad yield is the amount of revenue you earn from your ads. In other words, it is an indicator of how successful your advertising efforts were.
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360° EXPERIENCE
A digital ad that immerses the consumer in a 360-degree experience that they can control, such as using a mouse or by moving their mobile device. An interactive format that invites consumers to have fun with your ads.