These splashier ad units are being made available by ad network Undertone which sells space on sites owned by Gannett, American Media, USAToday Sports, Accuweather, Bonnier Corp. and more.
“We anticipate this being able to unlock a lot of programmatic budgets for brands,” said Undertone Co-Founder Eric Franchi in an interview.
Many brands today are looking to increase their programmatic spending, but are limited by the unspectacular selection of available ad units. It’s difficult to spend 100 per cent of your display ad budget through automated channels – as American Express, for instance, said it intends – when you can only purchase banner ads. Mr. Franchi said Undertone’s new offering will help eliminate the problem.
The ad units will run across Undertone’s entire publisher network, though brands won’t be able to select which individual publishers they want to place their ads on. The first iteration will also only be sold via “programmatic direct” deals, meaning a set price for the ads will be agreed upon at the outset, leaving bidding out of the equation.
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