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Advertisers wasted over £600m on non-viewable ads last year

Advertisers wasted over £600m on non-viewable ads last year

UK advertisers spent around £606 million on online ads last year that failed to meet minimum viewability thresholds, according to the latest figures from ad verification company Meetrics – with UK viewability levels significantly behind other European countries.

In the final quarter of 2016, only 49% of banner ads served met the IAB and Media Ratings Council’s recommendation that 50% of the ad was in view for at least one second – 5% lower than at the beginning of 2016.

By comparison, viewability levels in Austria are at a much higher 68%, while Germany reports 58% and France 57%.

“Despite the ongoing attention and initiatives focused on addressing viewability, things just aren’t really improving,” said Anant Joshi, Meetrics’ director of international business.

“Yes, you can argue viewability has stabilised over the last couple of quarters and is marginally up on 6 months ago but the reality is viewability levels are lower than a year ago and over half of ads served still aren’t viewable.”

Joshi said that while there is a lot of effort going into measuring viewability, there is “nowhere near enough” being done to optimise viewability – especially with programmatic campaigns.

“For example, it’s very easy to extract a list of under-performing domains – be it viewability or view time – and exclude or de-list them from any automated buying platform,” he said.

“This means buying from the higher performing domains can be increased. A greater focus on simple steps such as these would see viewability rise significantly in 2017.”

TimElkington, Chief Strategy Officer, IAB UK, on 20 Jan 2017
“The IAB believes in maximising viewability with the ultimate aim of trading viewable impressions. This is really important as brands and agencies should feel confident that they can buy impressions that are viewed by people and the ability to do this is a reflection of the greater measurability and accountability that digital offers. 
 
This is clearly still work in progress, and one of the tricky things about viewability is that different vendors in this space can analyse the viewability of the same campaign and produce different results. That’s why we’re working with industry partners through JICWEBS to reduce the discrepancies between different viewability measurement suppliers to introduce more consistency and certainty to the market. This, along with other developments such as mobile viewability, is an ongoing project but we think this joined up approach is the right way to address this topic. Getting to grips with viewability issues can seem a bit daunting, but if you want to find out more then these two links provide lots of useful information:

https://jicwebs.org/current-priorities/viewability-agreed-principles

and

https://iabuk.net/disciplines/display-advertising/viewability ”

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