Ad Yield Ops 104: Price Floor Strategy What Can You Do Now?
Learn what you can do with a comprehensive price floor strategy.
Lesson Overview + Resources:
By now, you should have a good understanding of how to build and maintain a price floor strategy. To conclude this module, in this lesson, we will reiterate:
- The difference between a cohesive and a disjointed price floor strategy
- How to streamline your yield experimentation
Here are additional resources pertaining to the lesson above:
Read the Transcript:
Let’s talk about what you can do with a comprehensive price floor strategy.
First, you now have COHESIVE STRATEGY rather than a DISJOINTED STRATEGY with many individual rules.
Managing your strategy this way means the factors that influence multiple rules are managed from a single location. This allows you to combine your different influencing factors in a way you may never have thought of in the past.
When looking at rules as singular items, it is very difficult to determine what each factor combination might be worth to you. Looking at a user on a desktop device, browsing with Chrome on a Monday Afternoon seemed overly specific before, and deciding what that impression should be worth is nearly impossible.
This strategy allows you to combine your knowledge about how each of the unique targeting factors affect your CPMs together to create highly custom rules. Because you know individually what a desktop device, Chrome Browser, and Monday Afternoon view mean to you in terms of value, you can now put all that knowledge together to determine the value of the combination.
Second, this type or strategy allows for STREAMLINED YIELD EXPERIMENTATION.
Managing your strategy this way also makes it much easier to run tests and experiments that might affect more than one rule at a time.
For instance, if you wanted to test increasing the target CPM incrementally for a single ad unit, you can update your ad unit base price rules, and it will automatically update all your price floor numbers for every rule that incorporates that ad unit.
Similarly, if you want to test increasing CPMs for a particular country group or browser, you can update the percentage assigned to that item in the appropriate rule tab and it will automatically update all your pricing rules that use that trigger criteria.