Self-serve advertising has become the most talked about concept in recent times. It allows the publishers and advertisers to connect for sell and purchase of ad inventory. Automated sales, time-saving, cost-cutting and advanced bidding solutions are some of the advantages of self-serve advertising.
The advertising ecosystem is complex and requires constant interaction between advertisers and publishers to be profitable. Both parties have separate purposes: publishers want to see their ad inventory, and advertisers want to book the best ad slot on the publisher’s website or mobile app to get maximum visibility. It’s a constant chase.
This is where self-serve advertising steps in to facilitate direct interaction between advertisers and publishers. The need for self-serve advertising emerged from the shortcomings of programmatic advertising, which often led to unsold publishers’ inventory. There are several benefits to self-serve advertising for publishers. They are:
Automate Sales
Self-serve advertising allows publishers to connect with advertisers for direct selling. It eliminates the role of a sales representative for the sale and purchase of advertising inventory. This not only cuts costs but also streamlines the process of selling advertising inventory.
Price Transparency
Self-serve advertising brings transparency between publishers and advertisers. As advertisers come to the publisher’s website, they see the fixed prices for ad inventory. Advertisers can make an informed decision as per their advertisement goals, and publishers can find the right advertiser who is willing to pay the right price for their inventory. It creates incremental revenue flow for publishers.
Time-Saving
Self-serve advertising is time-efficient as any time delay in indirect negotiation between the two parties is eliminated. The entire process is automated, which is beneficial for publishers as they get directly in touch with advertisers to sell their inventory. Advertisers also save a lot of time by pushing their ad campaigns. Apart from that, self-serve advertising also makes it easier for advertisers to get non-standard ad placement on a publisher’s website and mobile app.
Advertisement Building Tools
Once the advertiser visits the publisher’s website, they get automated tools to build attractive advertisements for their target audience. So, they are getting everything in one place. It’s a one-stop solution to build mobile and website ads, manage ad campaigns, and have low account management overhead. Besides this, advertisers also get access to campaign performance insight tools. So, they can optimize ads in real-time and get better campaign results.
Campaign Performance
One of the biggest advantages of using self-serve advertising is that publishers can check their campaign performance and monthly revenue by connecting SSP with Google Ad Manager. This helps them in evaluating their website’s performance and attracting the right advertisers as per their requirements.
As advertisement space gets more crowded day by day, self-serve advertising is a great way to connect with advertisers with diverse product offerings. Publishers can connect with both large and small brands in the industry and sell their inventory to those willing to pay a fair price.