Turn’s New Targeting Pricing Model Can Lift Click-Throughs By 28%
ADOTAS – Interactive advertising market Turn has released what it’s calling online advertising industry’s first dynamic pricing solution for behavioral targeting.
What’s so different: Turn claims it’s overturning the industry standard of behavioral targeting solutions offered as a premium above fixed CPMs for standard inventory on the promise of performance, with all advertisers charged the same premium for the same inventory.
Instead, Turn says it has combined its unique behavioral pricing model with its machine learning platform to provide a superior behavioral solution that prices inventory based on the value to the advertiser and the actual measurable performance of their campaign. It also incorporates its automatic targeting functionality, blending contextual analysis, audience information, and other variables to further optimize performance of behavioral targeting for advertisers.
“Our dynamic pricing model is an alternative to how advertisers are purchasing behavioral inventory today. In this world, offerings aggregate all users in the behavioral segment and every impression is assumed to have equal value to the advertiser. In reality, all users are not equal and pricing should reflect that,” comments Dominic Bennett, vice president of engineering at Turn.
The service has been in beta for two months. During testing, clients in Turn’s telecommunications, financial services, and automotive categories experienced significant improvements in their campaign performance after integrating Turn’s behavioral solution into their buys. Turn cites these examples:
• A telecommunications client in Turn’s market saw a 28% lift in click-through-rate and a 423% jump in conversion rate when adding retargeting to their buy.
• A Fortune 500 financial services client had an increase of over 200% in both click-through and conversion rates after starting their retargeting campaign.
• A major auto insurance company saw a 2x lift in ROI when they included behavioral into their campaign targeting auto-intenders.
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