Content creators publishers experience triple digital growth in CPMs
Rubicon Project (NYSE: RUBI) has released the next generation of its header bidding feature, FastLane, following the success of its recent beta launch where initial users on the desktop platform enjoyed triple digit CPM rate increases. FastLane has now entered beta testing for inapp advertising, making it the industry’s first and only header bidding solution available for both inapp mobile and desktop inventory.
More than a third of the US comScore top 50 publishers have selected to integrate the Fastlane header tag and the company expects substantially all of its top desktop and mobile publishers to be live on FastLane in early 2016.
Header bidding enables publishers to unify the auction for each impression they show. Today, the ad serving waterfall breaks the auction down into multiple mini-auctions, leaving potential revenue on the table. Rubicon Project’s FastLane Header Bidding solution is a significant step forward in a planned series of evolutionary innovations to provide publishers a unified solution for holistic yield management, allowing publishers to efficiently manage all of their partners, and maximize the value of their audiences while helping buyers identify and engage the same person across multiple devices.
Rubicon Project first developed header tags with the release of its Real Time Pricing feature in
2012 and announced its next iteration (FastLane) in October 2015. Desktop publishers have experienced CPM rates increase using FastLane of up to 300 percent versus standard tag implementation.
“Premium publishers and the top mobile app developers have struggled to achieve the robust pricing that desktop inventory commands, even in the highly curated inventory packages they offer in mobile private marketplaces,” said Joe Prusz, Head of Mobile, Rubicon Project. “As the only header bidding solution in the market today for both desktop and in app inventory, FastLane for Mobile Apps empowers publishers and app developers with the pricing intelligence they need to command premium pricing for their mobile audiences increasing fill rates and spurring the growth of mobile CPMs across both open auction and mobile private marketplaces.”
“Publishers and mobile app developers alike are constantly looking for ways to improve the campaign performance for their marketers and maximize their ad inventory – with FastLane they are provided a simple, automated management solution that increases managed revenue and CPM rates,” said Kaylie Smith, Head of Seller Cloud, Rubicon Project. “We have been in the header bidding game for quite some time, blazing a trail with the industry’s first header bidding solution in 2012, which is why we are so excited to announce this completely new and reinvigorated iteration. FastLane is truly the future of header bidding, representing an efficient and effective way to allow demand to compete to bring the highest value while delivering the best ad experience for the consumer.”
About Rubicon Project
Founded in 2007, Rubicon Project’s mission is to keep the Internet free and open and fuel its growth by making it easy and safe to buy and sell advertising. Rubicon Project pioneered advertising automation technology to enable the world’s leading brands, content creators and application developers to trade and protect trillions of advertising requests each month and to improve the advertising experiences of consumers. Rubicon Project is a publicly traded company (NYSE: RUBI) headquartered in Los Angeles, California.