Common Terms 33
- Media Cost
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Ad spend. The price you pay for advertising during a specified date range
- Nielsen Media Cost
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Ad spend on Nielsen rated stations / dayparts
- MERMedia Efficiency Rate
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A metric to measure how efficiently paid media is driving total revenue
FormulaRevenue / Media Cost - ROASReturn on Ad Spend
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A metric that measures revenue earned for each dollar you spend on advertising
FormulaRevenue / Media Cost - Ecom Order
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Reported orders placed online
Formula.com + amazon.com - CPOCost per order
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The average cost of advertising per sale
FormulaMedia Cost / Orders - CPACost per acquisition
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A metric that measures the total cost of a customer completing a specific action
FormulaMedia Cost / New Customers - RPORevenue per order
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The average amount spent by customers per transaction
FormulaRevenue / Orders - Conversion
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A positive result toward marketing goal
- Conversion Rate
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The effectiveness of turning an opportunity into a conversion
TV formulaCalls+Visits / OrdersDigital formulaConversions / Clicks - IMP (000)
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The estimated number of viewers
FormulaImpressions / 1000 - CPMCost Per Thousand (impressions)
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A bidding method where you pay based on the number of impressions received
FormulaMedia Cost / IMP (000) - GRPGross rating point
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A percent of the target market reached multiplied by the exposure frequency
Formulaaudience size / total exposures - TRPTarget rating point
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Total number of in-market impressions from a target audience as a percentage of market population
- CPPCost Per Point or Cost Per Gross Rating
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The cost of advertising exposure opportunities that equals one rating point in any geographically defined market
FormulaMedia Cost / GRP - Digital 3P Cost
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Third party digital spend
- View
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Ads watched for a defined time period (seconds). The default number of secs varies by platform
- Video Completed View
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When an ad is watched start to finish
- View Rate
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A ratio showing the number of paid views of a video ad to the number of impressions that were eligible for views
FormulaViews / Impressions - Video Completion Rate
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The percentage of users who successfully watched 100% of the video ad
FormulaVideo Completions / Impressions - TrueView In-Stream
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A skippable video ad that auto-plays before a YouTube video starts
- Engagement
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Any interaction with your ad: view, click, like, share, comment
- Click
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User interacts with a digital ad
- CPCCost Per Click
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A bidding method where you pay each time your ad is clicked
- QR Scan
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When a user scans a QR code and clicks the link
- CTR
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A ratio showing how often people who see your ad end up clicking it
FormulaClicks / Impressions - Visit
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When a user arrives to a website
- Source
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Phone Number / URL address
- KPIKey Performance Indicator
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KPIs are the metrics and results that determine your progress toward a marketing campaign objective
- Brand Lift
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The increase in effectiveness measurements (e.g., message recall) between respondents who did not view the ad and those who did
- Prospecting
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An advertising strategy that finds and targets new prospective customers based on behavior, interest, demo, geo and many other attributes
- Retargeting
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An advertising strategy that utilizes lists or pixels to serve ads to audiences who have previously engaged with your website or brand
- Daypart
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Block of time that divides the day into segments for purposes of selling advertising time on TV and radio
Media Channels 11
- Linear TV
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Traditional television delivered at a certain time via cable or satellite
- VODVideo On Demand
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Shown on a cable or satellite provider’s app when a consumer chooses to watch a show that previously aired
- VMVPDVirtual Multichannel Video Programming Distributor
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Aggregate live and on-demand TV and deliver over the internet in a linear fashion (Sling TV, Hulu Live TV, YouTube TV, fuboTV, PlayStation Vue, PlutoTV)
- FASTFree Ad-supported Streaming TV
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Available without a paid subscription. (Pluto TV, Xumo, Tubi, The Roku Channel)
- Digital
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Online ads via search engines, social media, display and more
- CTVConnected TV
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Digital content accessed by apps and streamed over Smart TVs, OTT Devices (Amazon Fire Stick, Apple TV, Roku) or Gaming Consoles (Xbox, PlayStation)
- OTTOver the Top
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Streaming content that is delivered via an internet connection rather than through a traditional cable/satellite company, on any device
- OLVOnline Video
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Video clips, TV shows and movies streamed from the Internet
- FEPFull Episode Player
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Professionally produced, TV-like content 30-60 mins in length on apps or websites (Bravotv.com or the Bravo app)
- Programmatic Display
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Automated method of buying display inventory executed using data and typically algorithmically driven systems with direct access to publisher ad servers, ad exchanges and networks
- DSPDemand Side Platform
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Software used to buy mobile, search, video and CTV/OTT ads programmatically
No term matches that. Ask us and we will add it.