In-app local ads help mobile publishers better engage on-the-go consumers and make AT&T Interactive's mobile local ad network one of the fastest growing in the industry
Glendale (Calif): Locally targeted content increases the opportunity for mobile publishers and advertisers to engage consumers– which is why AT&T Interactive today announced the launch of in-app ads(1) on its mobile local ad network, an extension of the company's premier YP Local Ad Network.
The new capabilities offer participating mobile publishers an enhanced way to generate revenue due to the local relevancy of the ads – and also help advertisers increase potential reach. Earlier this year, AT&T Interactive piloted in-app advertising on its mobile local ad network and generated over 750 million local ad impressions in three months. The early success makes AT&T Interactive's mobile local ad network one of the fastest growing in the industry.(2)
AT&T Interactive's in-app local ads are served within mobile apps based on a user's location, giving consumers the opportunity to learn about and engage with nearby local businesses. Mobile local advertising is expected to grow at a 57 percent compounded annual growth rate to $2.03 billion in 2014.(3)
"AT&T Interactive's mobile local ad network builds on the long-standing success of our YP Local Ad Network in serving local search ads across three screens via online, mobile and IPTV," said David Krantz, CEO and president at AT&T Interactive. "We're taking advantage of the power of local advertising and the proliferation of location-aware mobile handsets. With our significant inventory of local ads and early success, we are poised to revolutionize the mobile, in-app advertising market."
Local ads increase revenue potential for mobile app publishers
The mobile local ad network from AT&T Interactive provides mobile app publishers superior revenue potential by combining the relevancy of local ads with the interactivity of in-app ads.
"We've experienced eCPMs (effective cost per thousands) three times higher with AT&T Interactive's mobile local ad network than comparable ad networks serving ads that are not local in nature," said Greg Woock, CEO at Pinger, a leading app developer and pilot program publisher.(4)
"Our mobile local ad network will redefine the mobile advertising landscape," said William Hsu, SVP and chief product officer at AT&T Interactive. "It will fill the gap between premium national networks offering high eCPMs and low fill rates (percentage of ad requests filled with an ad) and remnant ad networks providing low eCPMs and high fill rates."
"Mobile app developers can start serving AT&T Interactive's in-app local ads using our API or one of our platform-specific SDKs (software development kit), making it easy to deploy across all major mobile platforms and wireless carriers," added Krishna Vedati, SVP and general manager of Mobile at AT&T Interactive.
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