It’s hard to ignore the surge in popularity of self-serve platforms in recent times. Media buyers are in constant search of new and advanced ways to optimize their ad spending practices. These days, self-serve advertising has been one of the most sorted ways to advertise on a publisher’s website. Through this medium, advertisers can purchase ad inventory from the publisher’s website directly without any intervention from the sales representative. On the other hand, it is an excellent medium for publishers to directly sell their advertisement space to advertisers. Moreover, self-serve software also offers programmatic functionalities. Here are the top benefits of self-serve platforms:
Less Time Consuming
The buying and purchasing process is accelerated because self-serve advertising eliminates the need for sales representatives to negotiate between publishers and advertisers. It also cuts down on ad setup time, which is a big plus for advertisers. They can plan and execute an ad campaign in a short span of time.
Low Cost
Reduced ad setup time and the elimination of a salesperson for ad inventory buying and selling improve cost-effectiveness. Ad inventory and ad campaigns are managed effectively, giving both parties better cost control.
Increases Bid Competition
Self-serve advertising increases bid competition as it allows a large pool of advertisers to reach out to publishers directly. The inventory is exposed to a larger number of potential buyers. So, the overall value of the ad space increases. Publishers can make their inventory available to advertisers by listing off-shelf placement on self-serve software. Advanced bidding solutions facilitate connections between demand sources across different channels, screens, and formats.
Enhanced Campaign Effectiveness
Self-serve advertising is a great way to earn incremental profit by providing a one-stop solution to advertisers. Advertisers have complete control over the ad campaign targeting parameters and demographic variables. Advertisers can manage their campaigns with lower account management overhead. Access to real-time audience data is a big advantage for advertisers, as they can make creative changes to their advertising campaigns to increase their effectiveness and targeting. It does not exhaust their advertising budget and ensures a better ROI.
All-time Access
Self-serve advertising allows advertisers to have all-time access to make bid modifications. This allows them to make changes in real-time for scheduling, managing, and optimizing. Other than this, advertisers also get automated tools that help protect ad quality.
Sell at Direct Rates
Self-serve advertising is a boon for publishers as it reduces their dependency on programmatic inventory, and you can sell your advertisement space on the website at more direct rates. This is possible because you get in touch with a larger number of advertisers through direct selling.
Why Self-Serve Advertising is Needed?
Self-serve advertising solved one of the biggest pain points of publishers and advertisers, which was the manual sale and purchase of ad inventory. It allows publishers to get incremental profit by providing a one-stop solution for all advertising needs and providing a premium ad experience. Advertisers can manage and optimize their ad campaigns at all times and get better results. For publishers, self-serve advertising has almost automated the process of selling ad space. They can connect with a large pool of advertisers and directly sell the ad space.
In conclusion, self-serve advertising is a great way to get an incremental revenue stream for publishers.