WhizzCo Opens Instream Video Ad Offering To Competing Vendors
MediaPost reports the launch of WhizzCo’s instream video offering that supports content recommendations with multiple vendors.
“Content recommendation (CR) tends to go against the digital ad trend of real-time and open programmatic auctions with exclusive contracts and no real-time bidding, according to a WhizzCo company spokesperson, but opening the instream CR video market by enabling bidding and serving video ads from multiple and competing vendors will change processes.
Some 83% of video marketers say video has helped to increase the average time site visitors spend on a web page, while 84% of people surveyed report being convinced to buy a product or service after watching a brand’s video, according to Wyzowl, an animation studio.
Publishers working with WhizzCo can choose to work, or not, with multiple participating video ad vendors.
If WhizzCo integrates a content recommendation vendor, it can serve ads on a revenue share basis. For content recommendation vendors who are not integrated with WhizzCo, its ads can only be served on a CPM basis. A couple of the major content recommendation vendors do not integrate with WhizzCo, but ads from all of the major vendors are being served through WhizzCo’s technology.
WhizzCo’s proprietary predictive AI algorithm selects the ad to serve based on geolocation, device, site, widget layout and location, and historical performance. By working with multiple vendors with a larger collective pool of ads, WhizzCo can generate a higher fill rate.”