Home Agencies Redefining Transparency

Redefining Transparency

SHARE:

Joanna L. O’Connell is Manager of Strategic Development, ATOM Systems, Razorfish.

the executionerThe word “transparency” seems to be everyone’s favorite word these days. Clients want it, publishers fear it, and networks – increasingly – boast that they offer it. I’d like to propose that we’re thinking about this word in the wrong way and suggest that we as an industry consider changing our definition.

First, some background. In my previous life as a media supervisor, I spent most of my days working on campaigns featuring 5 to 15 3rd party ad networks at any given time. While our network-heavy plans generally performed well from a direct response standpoint, they didn’t tell us much about what was working and why. From an optimization standpoint, I was very limited, making poorly-informed, surface-level optimization decisions which never seemed to lead to the same result (“let’s cut the 728×90’s… no wait, let’s put those back in…no wait!”). While maybe we knew what sites we “might” be running on thanks to the fully transparent site list we sometimes received, we never knew what was actually happening and why so we could learn and repeat it.

It was with much enthusiasm, then, that I approached the exchange landscape as a buyer. While the exchanges didn’t seem to offer much in the way of site-level transparency, they did offer the promise of direct control, insight and repeatability–all the elements which I’d been missing in my experience with networks. For the first time, I had access to a multitude of optimization levers never before at my disposal: things like geo, time of day, day of week, not to mention ad size and creative concept. I was able to “see under the hood” of my exchange campaigns and could finally start to answer the big question: what kinds of impressions convert and at what price should I buy them? I could make repeatable buying decisions, not to mention share new insights, time after time. This was a wholly different kind of transparency.

Certainly, I understand the desire to answer the question, “Yes, but where are my ads running?” And, I absolutely believe that serving as good stewards of clients’ brands by keeping their advertising out of questionable or otherwise unsavory content is paramount. But being able to answer all kinds of other important questions that tap into the heart of what’s driving campaign success or failure is a great leap forward, no matter how you cut it.

That said, buyers will continue to push for site level transparency and, as was the case in the network space, the exchanges will likely evolve to be more “transparent” in the traditional sense. But I would hate for buyers – and their clients – to miss out on a totally new kind of transparency that is available right now on the exchanges.

Follow Razorfish (@Razorfish) and AdExchanger.com (@adexchanger) on Twitter.

Must Read

Critics Say The Trade Desk Is Forcing Kokai Adoption, But Apparently It’s Up To Agencies

Is TTD forcing agencies to adopt the new Kokai interface despite claims they can still use the interface of their choice? Here’s what we were able to find out.

Why Big Brand Price Increases Will Flatten Ad Budgets

Product prices and marketing budgets are flip sides of the same coin. But the phase-in effects of tariffs, combined with vicissitudes of global weather and commodity production, challenge that truism.

The IAB Tech Lab Isn’t Pulling Any Punches In The Fight Against AI Scraping

IAB Tech Lab CEO Anthony Katsur didn’t mince his words when declaring unauthorized generative AI scraping of publisher content “theft, full stop.”

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Gamechanger (Google lost the DOJ's search antitrust case)

Here’s Who’s Testifying During The Remedy Phase Of Google’s Ad Tech Antitrust Trial

Last week, the DOJ and Google filed their respective witness lists and the exhibit lists for the remedy phase of the ad tech antitrust trial. Lots of familiar faces!

MX8 Labs Launches With A Plan To Speed Up The Survey-Based Research Biz

What’s the point of a market research survey that could take weeks, when consumer sentiment is rollercoasting up and down every day? That’s the problem MX8 Labs aims to tackle.