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 accountLearning phase

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.

Restricted categoryAdvertiser verification

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.

Ad reviewSingle counterparty

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.

Supply pathInvalid traffic

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 strategyCost cap

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.

Automated biddingCost capBid capTarget return on ad 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.

Supply pathInvalid traffic

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.

IncrementalityGeo experiment

Catalog ads

Ads a platform builds from a product feed, showing each person the products most relevant to them.

Product feedRetargeting

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.

Bid strategyBid cap

Cost per click

The price paid for each click on an ad, the unit most search and some social auctions charge on.

AuctionCost per thousand impressions

Cost per thousand impressions

The price paid per thousand ad impressions, the unit most display, video, audio and connected TV inventory is priced in.

Auction

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.

Gross rating points

Direct order

An insertion order placed directly with a publisher or media owner, with delivery terms agreed in writing.

Make-good

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.

Stage

Flighting

Scheduling spend in bursts with gaps, as opposed to continuous presence.

Pacing

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.

Optimization eventPacing

Make-good

Replacement delivery a seller provides when a guaranteed buy falls short of what was agreed.

Direct orderReconciliation

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.

Incrementality

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.

Auction

Private deals

Invitation-only auctions or fixed-price access to chosen publishers, without guaranteed volume.

AuctionProgrammatic guaranteed

Programmatic guaranteed

Price and volume agreed in advance with a seller and delivered through automated buying.

Private dealsDirect order

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.

Scatter

Reserved reach

Reach and frequency booked in advance at a fixed cost, so delivery is planned before the campaign runs.

ReachFrequency

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.

Ad reviewAdvertiser verification

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.

IncrementalityHoldout group

Scatter

Television inventory bought closer to air date, outside the upfront commitments.

Upfront

Self-serve platform

An ad platform where campaigns are set up, funded and run directly, and bought in the platform's own auction.

AuctionAutomated bidding

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.

Emerging

Supply path

The chain of companies an impression passes through between the publisher and the buyer.

Invalid traffic

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.

Return on ad spendConversion value

Upfront

Commitments made before a television season, in exchange for priority, pricing and audience terms.

Scatter

Measurement

Adstock

The way a mix model represents carryover, letting an ad's effect build and then fade over time.

Carryover effectMarketing mix modeling

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 windowIncrementalityTriangulation

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.

Attribution

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.

Return on ad spendTriangulation

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.

LiftHoldout group

Calibration

Adjusting a model so it agrees with experiment results.

Marketing mix modelingGeo experiment

Carryover effect

The part of an ad's impact that shows up days or weeks after it runs.

Adstock

Closed-loop sales

Sales matched to ad exposure inside the same retailer or network.

Data clean room

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.

LiftHoldout groupIncrementality

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.

Attribution windowCost cap

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.

FrequencyCreative testing

Creative testing

Comparing ads, or the ideas behind them, under controlled conditions and on the result the campaign is bought for.

Creative fatigueHoldout group

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.

AttributionIncrementality

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.

Reach

Geo experiment

A test where whole regions are assigned to see or not see a campaign, then compared to measure lift.

Matched marketsLift

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.

ReachFrequency

Holdout group

People or customers deliberately not exposed to a campaign, used as a comparison.

IncrementalityLift

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.

Opportunity to seeProof of play

Incremental reach

People reached by adding a channel who were not reached by the others.

Reach

Incrementality

The additional outcomes caused by marketing, compared with what would have happened without it.

LiftHoldout groupGeo experiment

Last-click attribution

A model that gives all credit to the last ad clicked before a conversion.

AttributionData-driven attribution

Lift

The difference in outcomes between exposed and control groups. A lift study sets up that comparison to measure the change an ad caused.

IncrementalityHoldout group

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.

Opportunity to see

Marginal return

The outcome expected from the next dollar spent, as opposed to the average dollar spent so far.

Response curve

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.

AdstockResponse curveCalibration

Matched markets

Test and control markets chosen because they behave alike.

Geo experimentSynthetic control

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.

Holdout groupGeo experiment

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.

Closed-loop sales

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.

Likelihood to seeProof of play

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.

LiftClosed-loop sales

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.

Signal loss

Proof of play

A record that the ad ran on the screen at the time and place agreed.

Opportunity to see

Reach

The number of different people or households exposed at least once.

FrequencyIncremental reach

Response curve

The estimated relationship between spend in a channel and the outcome it produces, including the point where each extra dollar returns less.

SaturationMarginal return

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.

IncrementalityBlended return

Saturation

Diminishing returns as spend in a channel increases.

Response curveMarginal return

Synthetic control

A modeled comparison built from other markets or periods to estimate what would have happened without the campaign.

Matched markets

Triangulation

Combining attribution, experiments and mix modeling to reach one decision.

AttributionIncrementalityMarketing mix modeling

View-through conversion

A conversion credited to an ad that was seen but not clicked. It is reported apart from conversions after a click.

Attribution window

Viewable impression

An ad impression that met a minimum on-screen time and visibility. Viewability is the share of impressions that meet it.

Invalid traffic

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 identifierAttribution

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.

Attribution

The record of what a person has agreed to, attached to each event so every downstream system knows what it may do with it.

Opt-out preference signal

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.

Target return on ad spendServer-to-server conversion API

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.

HashingMatch rateConsent state

Data clean room

A controlled environment where two companies match and measure combined data without handing raw customer records to each other.

Closed-loop sales

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.

Server-side ad insertion

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.

Server-side tracking

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.

Server-side tracking

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.

Server-side tracking

First-party data

Information a company collects directly from its own customers and visitors, through its own sites, apps, stores and service channels.

Server-side tracking

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.

Match rate

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.

Match rate

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.

Platform creditSupply path

Match rate

The share of events a platform can connect to its own users. Only matched events can be used to measure and optimize.

HashingIdentity resolution

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.

Server-to-server conversion API

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.

Consent state

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.

Catalog ads

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.

Completion

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.

Offline conversionEvent deduplication

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.

Server-side trackingPrivacy-preserving measurement

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.

Human in the loopGuardrails

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.

OrchestrationGuardrailsStop condition

Anomaly detection

Automated checks that flag spend, delivery or results moving outside their expected range, so a person can act.

Pacing

Audit trail

A time-stamped record of every automated and human action, with the data and the person or system behind it.

Orchestration

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.

AuctionMatch rateSelf-serve platform

Forecast range

The interval within which a forecast outcome is expected to fall. A planning number without a range hides its uncertainty.

Response curve

Guardrails

The limits an automated system cannot cross, such as budgets, bid ranges, brand rules, audiences and approval thresholds.

Agreed bandHuman in the loop

Human in the loop

A design in which defined decisions wait for a person's approval before they take effect.

Agreed bandGuardrails

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.

AI agentAudit trail

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.

AI agentGuardrails

Spend and billing

Account currency

The currency an ad account is billed in, set when the account is created.

Consolidated invoice

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.

Account currencyAccount structure

Consolidated invoice

One invoice that covers spend across several platforms and accounts.

Single counterpartyReconciliation

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 budgetPacing

Lifetime budget

A total set for the whole flight, which the platform paces across the days the campaign runs.

Daily budgetFlighting

Pacing

Controlling how fast a budget is spent across a flight, so it is neither used up early nor left unspent.

FlightingSpend capAnomaly detection

Platform credit

An amount a platform returns or offsets, for example for invalid traffic, matched back to the line it belongs to.

Invalid trafficReconciliation

Prepaid balance

Funds deposited in advance that pay for campaigns as they run.

Sub-balanceSingle counterparty

Reconciliation

Matching what was planned, delivered, billed and paid, and resolving the differences.

Three-way matchPlatform credit

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.

ReconciliationThree-way match

Single counterparty

One company you contract with and pay for media across several platforms.

Consolidated invoicePrepaid balance

Spend cap

The most a campaign, account or balance can spend in a period, set before it runs.

PacingSub-balance

Sub-balance

A share of a balance assigned to one brand, team, client or market, with its own limits.

Prepaid balanceSpend cap

Three-way match

Checking the order or plan, the proof of delivery and the invoice against each other before a payment is made.

Reconciliation

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