Mom always said you need standards, right? Be sure to tell her the Media Ratings Council has just released a draft framework for “outcomes” measures such as funnel metrics, attribution, media mix models, and lift testing. The proposal also covers data quality and privacy. At 53 pages, it’s not light reading but it does illustrate just how hard it is to do measurement right.
Bearing gifts unlike never before – including a willingness to share data with sellers and boost rival products, Amazon is hoping to persuade EU regulators not to enact a very large fine, possibly as high as 10% of global turnover.
Some standards are developed by industry bodies and others are imposed by industry leaders. Google Open Bidding lets third-party ad exchanges participate in real-time ad bidding. It’s been criticized for siphoning revenue to Google and creating duplicate ad bids. The Trade Desk dropped it in February and the Yahoo and Amobee demand side platforms dropped it last week. Pick your own Star Wars analogy.
In partnership with attention metrics provider Adelaide, The Trade Desk is now offering high attention inventory to advertisers. Attention — often based on reactions of opt-in panels to ads — is now competing with viewability as a valued attribute, and is being used to complement contextual metrics. Attention has been used in the past to test ads once they have been published; now it’s entering the pre-bid space.