There are numerous settings, both big and small, within Prebid that make it possible to optimise your setups. Despite the presence of ‘tricks' in the title, all the topics that we cover below are accepted techniques or overlooked issues. A responsible Ad Tech lead should always consider the long-term effects of changes when analysing how to generate high revenues to avoid being excluded by buyers because of short-term wins.
1. Long Price Range and Small Increments with Price Buckets
While auditing and onboarding clients, the experts at Relevant Digital regularly encounter too simplified Prebid price bucket setups that lead to constant losses of revenue. In practice, this means that the highest price bucket range stops too early or the increments are too wide within the competitive bid range and even beyond that.
Issues to consider:
Issues with too short Timeout:
Issues with too long Timeout:
3. Ad Unit Sizes and Accepted Ad Sizes
Do your ad units accept all the common ad sizes that fit within the ad unit’s height and width? If not, you are definitely losing out on potential revenue. Although this is nothing new, it is something that will need to be configured in order to work.
4. Adding Prebid User ID Module
If you have not yet added the Prebid User ID Module, now might be a good time to consider it!
In our experience, the results of this have not been huge but are still measurable. Of course, the exact future of Universal IDs, Google’s Privacy Sandbox APIs, and other initiatives remain uncertain. However, it is still important to be prepared and work with what brings results today. Check out the key data trends for Publishers in 2023.
It is also crucial to consider the potential impact on future results. If you are uncertain about the effects of any legitimate options, you should run tests to assess the impact in your specific case. Additionally, there may be regional differences in how IDs work, so testing is essential to determine the best approach for your setup.
5. Using a Tool to Optimise and Configure Your Prebid Setup
Implementing the aforementioned and other Prebid optimisations is possible in various ways. As the providers of Header Bidding Manager and other Relevant Yield suite services, we naturally recommend using our tool to exclude heavy manual tasks and have more resources for revenue generation.
How, you may ask?
All of the configurations that used to be done by engineers will now be in the hands of your Ad Operations & Yield team, without touching a line of complex code. Not only will your specialists be more proactive and advanced in their skills, but your engineers will also have more time to work on product development. Sounds like a Win-Win, exactly how Nextday Media increased their revenue by 41% in the challenging year 2020, using Relevant Yield.
We strongly recommend utilising Relevant Yield, or any similar tool, to simplify and streamline the management of your Prebid setup, making it no longer a hassle. Normal human behaviour applies here, just as it does elsewhere: when making changes is easy, you are more likely to actually implement them rather than just consider them.