FatTail is doing its part to make ad management more seamless for publishers and advertisers alike. Last week the ad tech firm partnered with American City Business Journals, a countrywide network of 44 business newsweeklies, to launch its newest software product, a supply platform called AdBookPortal.
AdBookPortal offers three valuable features:
A dedicated communications platform, allowing ACBJ and their advertising partners to communicate about creative assets directly
The ability for clients to pay invoices directly in the platform
An intuitive ad performance dashboard for clients to track the success of their campaigns
Each of these changes will quicken the ad buying process and improve operational efficiency for ACBJ, giving account executives time back to focus on high-value client services such as branded content and virtual events.
ACBJ has seen strong early results with the platform. Over the course of a 5-month beta test with 500 clients, the publisher generated $1 million in revenue and yielded an approximate 10% time savings for its client services team. ACBJ hopes to onboard 30%-40% of its customers to the platform by June of next year, and anticipates overall adoption of 60%-80%.
In the long-term, by making the deal-making process more efficient, AdBookPortal aims to improve publishers’ advertising profit margins. FatTail CEO Doug Huntington is confident that the product will help level the playing field in the publishing industry:
“With cookies going away and everything else happening, there’s going to be a pendulum swing, where the balance of power shifts back to publishers of all sizes that have premium inventory and good journalism. Those things are going to get more fairly monetized going forward.”
Check out the full AdWeek article here.