Nexage Delivering Significant Growth and eCPM Value for Location-Enabled Impressions
Publishers are Realizing a 3.8x eCPM Premium for Location-Enabled Impressions on the Nexage Revenue Platform
BOSTON – November 2, 2011 – Nexage, the leading provider of market liquidity in mobile advertising, today announced that the Nexage Revenue Platform, the market’s only fully integrated real-time bidding (RTB) and mediation platform, is delivering a 3.8x eCPM premium for publishers providing location-enabled impressions for the last 3 months. Demand for location-enabled impressions also grew rapidly, showing a 170% per month growth in that same time period.
The eCPM premium and volume growth underscore the value advertisers place on location-enabled impressions to support their local and hyperlocal campaigns. For example, a recent survey reported that 53% of mobile consumers between 18-34 use location-based services to find store locations. This non-linear buying behavior, where mobile ads can trigger in-store purchases from nearby locations, is a central and powerful method for marketers to reach and compel consumers.
Publishers like the social gamification platform Beintoo and its network of apps partners (such as Fruit Ninja free on Android) demonstrate the value of supporting location-enabled impressions on the Nexage Revenue Platform, and specifically over RTB. On its apps partners, Beintoo realized an 11x eCPM premium for location-enabled impressions as compared to non-location-enabled impressions. To capitalize on this dramatic eCPM premium, Beintoo has increased the ads requested on the Nexage Revenue Platform by 95% per month over the last 3 months.
“Nexage delivers an extremely powerful engine to monetize apps like Fruit Ninja, while presenting highly relevant local ads to the game’s customers,” said Antonio Tomarchio, Founder and CEO of Beintoo. “Working with a market leader like Nexage gives us the opportunity to drive the revenue performance for our apps partners, enabling them to provide free versions of their games to customers, which also has the great effect of driving more and more downloads.”
“Mobile is a unique and powerful advertising medium, especially in the context of local and hyperlocal advertising campaigns,” said Ernie Cormier, CEO and president of Nexage. “The success of market leaders like Beintoo shows the extraordinary value in combining location-enabled impressions with our platform that maximizes the available demand and enables impression-level buying.”About NEXAGE, Inc.
Nexage is the leading premium mobile advertising exchange, connecting over 300 publishers and developers with over 200 demand sources to create the most efficient, liquid, and vibrant market in mobile advertising today. The intelligent Nexage Exchange delivers the most advanced solutions in the market today, including both private and public exchanges, data enrichment, rich media and video ad units, and a real-time targeting capability that gives buyers powerful campaign ROI results, while enhancing the value of our publishers’ inventory. Together, our business controls, filters, real-time reporting, and data enrichment capabilities plus our ability to integrate advanced solutions through Nexage Connect give our customers the visibility, controls, and tools to accelerate their businesses as they want. Nexage serves customers on a worldwide basis with offices in Boston, New York, and San Francisco. Come visit us at www.nexage.com or follow us on Twitter @Nexage.
Kiloo needed a more aggressive and effective monetization and optimization method to increase fill rate and revenue for the free version of its iPhone app, Whac-a-Mole.
Kiloo selected Nexage to manage the monetization of its ad inventory for Whac-a-Mole. The Nexage Exchange is an effective part of Kiloo’s ad inventory distribution strategy, providing a brand safe distribution channel for revenue optimization. With the Nexage Exchange, Kiloo now has access to 150+ global ad sources and manages performance through a robust reporting dashboard. The dashboard offers a single reporting interface with in-depth reports on revenue, eCPM, fill rate, and click rate.