Insights
Glossary
The words we use for buying, measuring, tracking and paying for media, each defined once.
Buying
- Account structure
How campaigns, ad groups and ads are organized inside an ad account, by objective, market, budget and audience. Fewer, larger groups give the platform more data to learn from.
- Ad review
The check a platform runs on an ad against its policies before and while it runs. An ad that fails is rejected or limited, and can be fixed and sent back for review.
- Advertiser verification
The checks a platform runs on the business or person behind the ads, with documents that must match the name on the billing profile. Ads can be paused until it is complete.
- Auction
A way of buying in which the price is set in real time, impression by impression or click by click, among the buyers bidding at that moment. In self-serve auctions the platform weighs each bid against how likely the ad is to get the result asked for and how people respond to it.
Private dealsAutomated biddingSelf-serve platformBid strategy
- Authorized seller
A company a publisher lists publicly as allowed to sell its inventory, so a buyer can check that an impression comes from a legitimate seller.
- Bid cap
A bid strategy that sets the most the platform may bid in any single auction. It controls the price and can limit volume.
- Bid strategy
The rule a platform's model follows when it bids, such as getting the most results for the budget, holding an average cost per result, staying under a maximum bid or aiming at a return on spend.
- Brand safety and suitability
Brand safety keeps ads away from content no brand should appear next to. Suitability goes further and sets which contexts fit a given brand.
- Brand terms
Searches that include the advertiser's own name. Ads on them catch demand that often exists already, so what they add is tested.
- Catalog ads
Ads a platform builds from a product feed, showing each person the products most relevant to them.
- Cost cap
A bid strategy that asks the platform to keep the average cost per result near a set amount. Delivery slows when results cost more.
- Cost per click
The price paid for each click on an ad, the unit most search and some social auctions charge on.
- Cost per thousand impressions
The price paid per thousand ad impressions, the unit most display, video, audio and connected TV inventory is priced in.
- Daypart
A block of hours in the broadcast day, such as morning drive or prime time, by which TV and radio time is sold and priced.
- Direct order
An insertion order placed directly with a publisher or media owner, with delivery terms agreed in writing.
- Emerging
A channel whose formats, access or measurement are still settling. It is tested with a dedicated budget, apart from the core plan, and reported on separately.
- Flighting
Scheduling spend in bursts with gaps, as opposed to continuous presence.
- Learning phase
The period after a campaign starts or changes significantly, while the platform's model is still learning whom to show the ad to. Results vary more, and a large edit can start it again.
- Make-good
Replacement delivery a seller provides when a guaranteed buy falls short of what was agreed.
- Optimization event
The conversion a campaign asks the platform to find more of, such as a purchase, a qualified lead or an install. It needs enough volume for the model to learn, and should sit as close to the sale as that volume allows.
Automated biddingLearning phaseServer-to-server conversion API
- Pay on results
Paying only for an agreed outcome, such as a sale, a lead or a call, through cost per action, cost per lead, revenue share or pay per call.
- Placement
Where an ad appears inside a platform or its network, such as a feed, short video, search results or the sites and apps the platform sells.
- Private deals
Invitation-only auctions or fixed-price access to chosen publishers, without guaranteed volume.
- Programmatic guaranteed
Price and volume agreed in advance with a seller and delivered through automated buying.
- Remnant
Inventory a seller has not sold as air date approaches, offered close to air at a lower price and often used for direct response.
- Reserved reach
Reach and frequency booked in advance at a fixed cost, so delivery is planned before the campaign runs.
- Restricted category
A product or service, such as financial services, health products or alcohol, that a platform allows only under extra rules or with its own prior authorization.
- Retargeting
Showing ads to people who already visited the site or app or interacted with the brand. Many of them would buy anyway, so what it adds is tested.
- Scatter
Television inventory bought closer to air date, outside the upfront commitments.
- Self-serve platform
An ad platform where campaigns are set up, funded and run directly, and bought in the platform's own auction.
- Sponsorship
A flat fee for association with a program, team, event or venue.
- Squeezeback
A TV or streaming format that shrinks the program into part of the screen to show an ad beside it.
- Stage
Where a channel works on the way to a purchase. Discover reaches people who don't know the brand yet. Consider helps them compare. Convert turns intent into a sale, a lead or an install. Retain brings customers back. The catalog can be filtered by stage.
- Supply path
The chain of companies an impression passes through between the publisher and the buyer.
- Target return on ad spend
A bid strategy that asks the platform to bid for conversion value, aiming at a set ratio of value to spend. It works only as well as the value it receives.
- Upfront
Commitments made before a television season, in exchange for priority, pricing and audience terms.
Measurement
- Adstock
The way a mix model represents carryover, letting an ad's effect build and then fade over time.
- Attribution
Assigning credit for an outcome to the media that contributed to it. Each method answers a different question, and none is complete on its own.
- Attribution window
The period after an ad interaction during which a conversion can be credited to it. It is agreed before launch and disclosed with the results.
- Blended return
Total revenue in a period divided by total ad spend across every channel. It credits no single platform, so it is read next to each platform's own numbers as a check.
- Brand lift
The change in awareness, consideration or preference that a campaign causes, measured by surveying people who saw it and a control group who didn't.
- Calibration
Adjusting a model so it agrees with experiment results.
- Carryover effect
The part of an ad's impact that shows up days or weeks after it runs.
- Closed-loop sales
Sales matched to ad exposure inside the same retailer or network.
- Completion
The share of video or audio ads played to the end.
- Conversion lift
An experiment in which a platform holds back a random share of an audience from the ads and compares its conversions with those of the people who saw them.
- Cost per action
Ad spend divided by the number of chosen actions, such as purchases, leads or installs. It is read with the attribution window it was counted in.
- Creative fatigue
The drop in results when the same people have seen an ad too often. It shows in a rising cost per result and falling response.
- Creative testing
Comparing ads, or the ideas behind them, under controlled conditions and on the result the campaign is bought for.
- Data-driven attribution
A model that splits credit using statistical estimates of each interaction's contribution. It is still observational, so it shows patterns in the path rather than proof of cause.
- Dedicated codes and links
Promo codes, web addresses and phone numbers unique to a channel or placement, so responses can be traced back to it.
- Frequency
The average number of times each reached person was exposed.
- Geo experiment
A test where whole regions are assigned to see or not see a campaign, then compared to measure lift.
- Gross rating points
Total delivery of a schedule against a target audience, the sum of the rating points of every spot. A rating point is a spot's audience as a share of the target population, and it is the currency of TV and radio.
- Holdout group
People or customers deliberately not exposed to a campaign, used as a comparison.
- Impression multiplier
In digital out of home, the estimated number of people who see one play of an ad, applied to every play to count impressions.
- Incremental reach
People reached by adding a channel who were not reached by the others.
- Incrementality
The additional outcomes caused by marketing, compared with what would have happened without it.
- Last-click attribution
A model that gives all credit to the last ad clicked before a conversion.
- Lift
The difference in outcomes between exposed and control groups. A lift study sets up that comparison to measure the change an ad caused.
- Likelihood to see
An estimate of how many of the people with an opportunity to see an out-of-home ad are likely to have noticed it, adjusted for the size, position and visibility of the site.
- Marginal return
The outcome expected from the next dollar spent, as opposed to the average dollar spent so far.
- Marketing mix modeling
A statistical model that estimates what each channel, online and offline, contributes to results, using spend and outcomes over time and no individual tracking.
- Matched markets
Test and control markets chosen because they behave alike.
- Minimum detectable effect
The smallest change a test is designed to detect reliably. It is set before spend, together with the size of the control group and the duration.
- New-to-brand
Customers who buy a brand for the first time within a set look-back period, as reported by a retailer or commerce network.
- Opportunity to see
The number of people who pass an out-of-home site or screen and could see it, before any adjustment for whether they noticed it.
- Outcome study
A study that links exposure to an ad, often on TV or streaming, to later outcomes such as site visits, store visits or sales, by matching exposed households with outcome data. Its results are estimates.
- Privacy-preserving measurement
Reporting results in aggregate, with added statistical noise where needed, so campaigns can be measured without exposing any individual. On mobile devices, app installs and events are reported this way where a person hasn't agreed to tracking, and through measurement SDKs with consent where they have.
- Proof of play
A record that the ad ran on the screen at the time and place agreed.
- Reach
The number of different people or households exposed at least once.
- Response curve
The estimated relationship between spend in a channel and the outcome it produces, including the point where each extra dollar returns less.
- Return on ad spend
Conversion value divided by ad spend, as a platform or a model reports it. It shows what was credited. What the media caused takes an experiment.
- Saturation
Diminishing returns as spend in a channel increases.
- Synthetic control
A modeled comparison built from other markets or periods to estimate what would have happened without the campaign.
- Triangulation
Combining attribution, experiments and mix modeling to reach one decision.
- View-through conversion
A conversion credited to an ad that was seen but not clicked. It is reported apart from conversions after a click.
- Viewable impression
An ad impression that met a minimum on-screen time and visibility. Viewability is the share of impressions that meet it.
Data and tracking
- Campaign parameters
Tags added to the link of an ad that record its source, campaign and creative, so visits and sales can be read campaign by campaign.
- Click identifier
A code an ad platform adds to a link so a later conversion can be tied back to the click that started it.
- Consent state
The record of what a person has agreed to, attached to each event so every downstream system knows what it may do with it.
- Content provenance
Machine-readable information attached to an image, video or audio file that records how it was made and edited.
- Conversion value
The value attached to a conversion, such as order value or margin, sent with the event so bids can aim at value as well as volume.
- Customer list
A list of the advertiser's own customers, hashed before it is shared and used only with the consent it needs, that a platform matches to its users to reach them, leave them out or find people who behave like them.
- Data clean room
A controlled environment where two companies match and measure combined data without handing raw customer records to each other.
- Data minimization
Collecting and keeping only the data a stated purpose needs, for only as long as it needs it.
- Data warehouse
A central store where events, spend and outcomes are kept in a form that can be queried and audited.
- Dynamic ad insertion
Placing ads into a podcast or a stream at the moment it is played, instead of recording them into the file, so each play can carry a different ad and be counted.
- Event deduplication
Making sure an action reported by both the browser and the server is counted once, usually by sharing one event ID across both.
- Event schema
The agreed structure of every event, with its names, fields, formats and required values. It lets errors be caught before they reach a report.
- First-party collection endpoint
The address on the advertiser's own domain that receives events, so data is collected in the advertiser's context and not a third party's.
- First-party data
Information a company collects directly from its own customers and visitors, through its own sites, apps, stores and service channels.
- Hashing
Turning an identifier such as an email address into a fixed code with a one-way function before it is shared. It protects the value in transit. The same input always gives the same code, so hashed data still points to one person and is treated as personal data.
- Identity resolution
Linking records that belong to the same person or household. Deterministic matching uses shared identifiers. Probabilistic matching uses statistical likelihood and is reported as an estimate.
- Invalid traffic
Impressions or clicks that do not come from a real person with real interest, from automated bots to deliberate fraud. Industry practice is to detect it and keep it out of reporting and billing.
- Match rate
The share of events a platform can connect to its own users. Only matched events can be used to measure and optimize.
- Offline conversion
A sale, signed contract or store visit that happens away from the website and is sent back to the ad platforms from the CRM or point of sale.
- Opt-out preference signal
A browser or device setting that tells websites a person does not want their data sold or shared for advertising. Systems should read and apply it automatically.
- Product feed
A file of the advertiser's products, with titles, prices, availability and images, from which shopping listings and catalog ads are built. Its quality decides where and how the ads show.
- Server-side ad insertion
Stitching ads into a streaming program on the server before it reaches the screen. Measurement then relies on server logs rather than the device.
- Server-side tracking
Measurement in which events go first to a server on the advertiser's own domain, which checks, cleans and routes them, instead of going from the browser straight to each vendor.
First-party collection endpointServer-to-server conversion APIConsent state
- Server-to-server conversion API
A channel offered by ad platforms to receive conversion events directly from an advertiser's server, including sales and leads that close offline or days later.
- Signal loss
The gap between what happened and what measurement can see, caused by browser limits, app privacy rules, consent choices, ad blockers and technical failures.
AI and orchestration
- Agreed band
The range around the plan, set with the client, inside which pacing and bids can move without a person's approval. Any move beyond it waits for one.
- AI agent
Software that uses a language model to plan and carry out a sequence of steps with tools, such as pulling data, drafting a plan or checking delivery, within limits set by people.
- Anomaly detection
Automated checks that flag spend, delivery or results moving outside their expected range, so a person can act.
- Audit trail
A time-stamped record of every automated and human action, with the data and the person or system behind it.
- Automated bidding
Bidding in which an ad platform's model sets the bid for each auction toward a goal the advertiser defines. It works only as well as the conversion data it receives.
- Forecast range
The interval within which a forecast outcome is expected to fall. A planning number without a range hides its uncertainty.
- Guardrails
The limits an automated system cannot cross, such as budgets, bid ranges, brand rules, audiences and approval thresholds.
- Human in the loop
A design in which defined decisions wait for a person's approval before they take effect.
- Orchestration
Coordinating agents, tools and people across channels so each task runs in the right order, on shared data, with one record of what happened.
- Stop condition
A rule that makes an agent stop and hand the case to a person, for example when a check fails, a limit is reached or the data looks wrong.
Spend and billing
- Account currency
The currency an ad account is billed in, set when the account is created.
- Ad account
The place on an ad platform where campaigns run, billing is set and spend is recorded. Each one is billed in a single currency, set when it is created.
- Consolidated invoice
One invoice that covers spend across several platforms and accounts.
- Daily budget
The average a campaign may spend per day. Some platforms spend above it on a busy day and below it on a quiet one, within a limit they publish for the week or the month.
- Lifetime budget
A total set for the whole flight, which the platform paces across the days the campaign runs.
- Pacing
Controlling how fast a budget is spent across a flight, so it is neither used up early nor left unspent.
- Platform credit
An amount a platform returns or offsets, for example for invalid traffic, matched back to the line it belongs to.
- Prepaid balance
Funds deposited in advance that pay for campaigns as they run.
- Reconciliation
Matching what was planned, delivered, billed and paid, and resolving the differences.
- Record
The line-by-line view of a plan, where each line shows what was planned, delivered, billed and paid, and is closed when the four agree.
- Single counterparty
One company you contract with and pay for media across several platforms.
- Spend cap
The most a campaign, account or balance can spend in a period, set before it runs.
- Sub-balance
A share of a balance assigned to one brand, team, client or market, with its own limits.
- Three-way match
Checking the order or plan, the proof of delivery and the invoice against each other before a payment is made.
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