SCOOP: The Trade Desk has been letting buyers test SP500+, a new product which lets buyers target accross around 500 top publishers. The idea is to put publishers, and media quality, at the center of the media buying process, when it’s long been mostly focused on audiences & data. The product is currently in beta and there is not yet a timeline for general availability. https://lnkd.in/eXzaS-53
Always love it when adtech repackages old ideas into "new" ones. Rinse, repeat is the name of the game. All jest aside this is a far better way of doing programmatic. Giving advertisers an easy way to ensure quality inventory out of the gate will make it easier to further explore the programmatic ecosystem for more quality traffic rather than taking on the firehose of traffic from the start and being bogged down immediately trying to take out the endless trash. We have been advising smaller in scope and incremental scale is better in programmatic for years.
We used to just call this "contextual." Before that we just called it "advertising."
This is huge for marketers. Here's why. So many agencies today make undisclosed margins from "curating" custom inventory lists. What TTD did here was to make this a non-issue. As an agency CEO, I love it because it forces us all to innovate in areas that matter and truly differentiate rather than innovate in areas that are more the appearance of differentiation.
First of all, Great scoop by Catherine Perloff! This appears to be a very, very quiet Beta test. Chris Kane/@Jounce is quoted in this article and he has been very vocal about the tests he has run and the scale that can be reached based on the Jounce Media Bellwether Publishers, which is under 100 Media companies at this point. If The Trade Desk is following a similar path and giving marketers a simple way to eliminate resellers, MFA, misdeclared video, publishers designated as "Cheap Reach", publishers with brand safety issues, poor performance metrics, etc. Then this is BRILLIANT.
Can this really just be about site lists?! While I agree we all need one, we shouldn't forget there are many more specialist sites and services out there that make a vital contribution to the open internet. More intelligence on the supply-side - such as deeper placement level and attention optimization - can make advertising dollars work a lot harder than just limiting the amount of quality supply available.
To offset the higher CPMs and hit the targets set by procurement, buyers will also be given an "SP500-" option for the top 500 MFA publishers (dynamically updated to evade verification vendors) to get to that perfect blended CPM. In all seriousness, this is a great offering that deserves commendation for the effort. I'm just skeptical of the impact, knowing the misaligned incentives of the ad ecosystem go against buying higher quality media...
Ties in well to the ANA report - and the fact that demand can build effective reach and frequency without needing to address every site on the internet. Not sure it requires a product, just a decent inclusion list
Makes sense for buyers who can't build a smart inclusion list or set quality standards themselves - good for the overall programmatic ecosystem for sure. Hopefully TTD will be open with how the list is curated so that it doesn't penalise good publishers and that they also allow optionality in platform for buyers to use or not use it. Good timing ahead of earnings as always. Thank you for researching & penning Catherine Perloff!
What would be interesting is to test S&P 500 vs the MFA "penny stocks" and see what performs better on CTR, click based conversions and post view.
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9moSurely this is just whitelisting top publishers and layering with audience data? Which is exactly what tends to correlate with good performance. And most good DSPs/traders/agencies do anyway. Its great and no disprespect to Trade Desk but I’m missing the innovation here.