TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Washington Post ad tech platform aims at Google-Facebook duopoly

  • News Desk

    Agence France-Presse

Washington, United States   /   Wed, September 18, 2019   /   02:57 pm
Washington Post ad tech platform aims at Google-Facebook duopoly This photograph taken on September 28, 2017, shows a smartphone being operated in front of GAFA logos (acronym for Google, Apple, Facebook and Amazon web giants) as background in Hédé-Bazouges, western France. (AFP/Damien Meyer)

The Washington Post on Tuesday unveiled a new ad tech platform touted as a way to help newspapers counter the loss in online revenue to major platforms Google and Facebook.

The daily, which is owned by Amazon founder Jeff Bezos, said the new self-service ad-buying interface called Zeus Prime would be offered to other newspapers as part of its Arc Publishing platform.

"Through Zeus Prime, buyers will be able to easily execute an ad campaign by creating an ad format in a single click and targeting across a marketplace of trusted publishers," said Jarrod Dicker, vice president for commercial technology at the Post.

Dicker described the system as "a trusted alternative to platforms" that would be offered to newspapers and media companies starting in 2020. 

The new system aims to give advertisers an alternative to the "duopoly" of Google and Facebook, which control some 60 percent of US online ad revenues, according to research firm eMarketer.

It also looks to give newspapers better monetization and ad targeting to free them from dependence on the large platforms.

"There has always been a rally cry to build an ecosystem that pulls everything together, but oftentimes ends in a stumble due to the fact that performance is just easier and cheaper on platforms at scale," Dicker said. "However, this time it's different."

Zeus Prime is the latest in a suite of tech services being offered by the Post since Bezos bought the daily as a personal investment.

One element is Zeus Insights, an ad-targeting system that aims to deliver more relevant ads but without the invasive online tracking methods used by rivals.

This deliver ads based on content readers see instead of using tracking "cookies" which may follow a user around the web.

Dicker said the Zeus technology allows for a better connection with readers and ads that are aligned with appropriate content, avoiding the embarrassing juxtapositions seen in recent years.

"The Zeus technology suite enables this connection with brands, bringing revenue back to publishers, through an ecosystem that demands premium performance, highly-targeted data capabilities and seamlessness in buying across the board," he said.