Ranker, a publisher that creates data-driven, list-based content attracting 55 million unique visitors per month, has seen a 70% increase in video ad revenues over the past year, following its implementation of AppNexus’s Prebid Video header bidder solution and the AppNexus Marketplace. The companies have published a short case study on Ranker’s success.
I spoke to Prem Purayil, CTO of Ranker, who explained that the company had been using a traditional tag-based waterfall model. But this approach had led to having 50 demand partners and growing complexity. Ranker had previously and successfully implemented AppNexus’s header bidding solution for display, so it was already familiar. Prem said Ranker activated video header bidding in just a couple of days and needed minimal assistance. Importantly, Prem said moving to header bidding had no adverse impact on user experience.
More evidence of the boom in connected TV ads: AppNexus reported advertising spend in its connected TV marketplace grew by 748% in Q2 ’18 vs. Q2 ’17, with sequential growth of 69% in Q2 ’18 vs. Q1 ’18. AppNexus said it sees over 20 billion monthly CTV impressions on smart TVs, set-top boxes and game consoles, which underscores the rapid adoption of ad-supported video on CTV.
At our recent VideoNuze Online Video Ad Summit, the “Video’s Programmatic Roadmap” session explored how programmatic is becoming more mainstream in premium video, why connected TV is a huge growth area, how brand safety and viewability are being ensured, the various ways data is being used by both advertisers and publishers, plus lots more.
Participating on the session were Melissa Bonnick (SVP, Programmatic Strategy, Affiperf/Havas), Eric Hoffert (SVP, Video Technology, AppNexus), Sean Holzman (Chief Digital Revenue Officer, Bonnier), Keren Katz (Head of Bidder and Buyer Development, Programmatic, Microsoft), with Brian Leder (Partner, Chief Strategy Officer, Promatica Consulting), moderating.
Ad tech provider AppNexus grew Microsoft’s video ad revenue from instream video inventory in Q1 ’18 by 201% vs. Q1 ’17, according to an announcement by the companies. In addition, Microsoft’s eCPMs increased by 29% in Q1 ’18 vs. Q1 ’17. Microsoft said it had expanded its partnership with AppNexus from 1 ad format in 1 market to 3 ad formats in 65 markets, including Europe and emerging markets.
Last week, ad tech provider AppNexus shared several examples of customers which are having success with Prebid Video, the company’s video header bidding solution. I caught up with Eric Hoffert, AppNexus's SVP, Video Technology, to learn more about Prebid Video and also what’s ahead for the year in video advertising. (If you want a good primer on header bidding, a few months ago AppNexus released a helpful white paper.)
VideoNuze: AppNexus announced customer momentum with its Prebid Video solution for header bidding. What news did you share?
Eric Hoffert: AppNexus has shared metrics of client success with Prebid Video, built on Prebid.js, the industry’s most widely adopted open source header bidding technology. Premium publishers, including Ranker, FANDOM, and Diply reported increased share of revenue through video header bidding, including eCPMs up to 100% higher than tag-based integrations; ease of integration and extensibility with different video players; advantages of customization with different video ad servers; and optimized national and international video yield. These publishers are all Top 100 web sites in the US (based on Alexa and Quantcast data).
AppNexus has revealed beta test results of its programmatic video ad buying product, saying that clients using the product found 10x to 100x improvements in audience reach, video engagement/click-through increases of 300% or more and reduction in buying costs of 50%-60%. AppNexus plans to release the video ad buying product to all its customers on September 30th.