Glossary

Ad serving glossary

Plain-English definitions of the terms you'll meet when buying, selling or serving ads.

Ad exchange
A marketplace where publishers and advertisers trade ad impressions in real-time auctions.
Ad pod
A group of video ads played back to back in one break, like a TV commercial break.
Ad server
Software that decides which ad to show in a placement, delivers it and records the result.
CPA
Cost per action: the advertiser pays when a defined action, such as a sale or sign-up, happens.
CPC
Cost per click: the advertiser pays each time the ad is clicked.
CPM
Cost per mille: the price for 1,000 ad impressions.
CTV
Connected TV: televisions and devices that stream content over the internet, such as smart TVs and streaming sticks.
DMP
Data management platform: a system that collects audience data and organises it into segments for targeting.
DOOH
Digital out-of-home: digital screens in public places, such as billboards, transit and retail displays.
DSP
Demand-side platform: software advertisers use to buy impressions programmatically across exchanges.
eCPM
Effective CPM: the revenue earned per 1,000 impressions, whatever the pricing model.
FAST
Free ad-supported streaming TV: linear-style channels streamed for free and paid for by ads.
Fill rate
The share of ad requests that receive an ad.
Floor price
The minimum price a publisher will accept for an impression.
Frequency cap
A limit on how many times the same person sees an ad in a given period.
Header bidding
A method where many demand partners bid on an impression at the same time before the ad server decides.
Line item
A campaign instruction in an ad server that defines what to deliver, where, when, to whom and at what price.
MRAID
Mobile Rich Media Ad Interface Definitions: an IAB standard for interactive ads inside mobile apps.
Native ad
An ad built from parts such as a headline and image, rendered to match the look of the surrounding content.
OpenRTB
An IAB protocol that standardises how bid requests and responses are exchanged in real-time bidding.
OTT
Over-the-top: video delivered over the internet instead of cable or satellite.
PMP
Private marketplace: an invitation-only auction or deal between specific publishers and buyers.
Prebid
An open-source header bidding framework widely used by publishers.
Programmatic
Automated buying and selling of ad impressions using software and auctions.
Retail media
Advertising sold by retailers on their own sites, apps and channels, usually targeted with shopper data.
Rewarded video
A video ad a user chooses to watch in exchange for a reward, common in games.
RTB
Real-time bidding: auctioning each impression individually as the page or app loads.
SSP
Supply-side platform: software publishers use to sell impressions to many buyers.
Third-party ad server
An ad server run by an advertiser or agency to deliver and track campaigns across publishers.
VAST
Video Ad Serving Template: the IAB standard for describing video ads to players.
VMAP
Video Multiple Ad Playlist: the IAB standard for describing where ad breaks go in video content.
White-label
Software provided without the vendor's brand, so the buyer can present it as their own.

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