In an effort to raise the standards in digital advertising and address the key issues facing the industry, the IAB UK is launching the “IAB Gold Standard” initiative, comprising three primary actions that media owners can take.
Initially, the Gold Standard has three fundamental aims - to reduce ad fraud, to improve the digital advertising experience and to increase brand safety. Spearheading the initiative are 23 IAB UK board member companies (including Facebook and Google) who’ve publicly signed a letter committing to the following three actions:
The deadline for implementing the three initiatives will be confirmed in the coming weeks. The IAB will encourage all of its members to commit to the IAB Gold Standard, intended to be an iterative programme to expand to cover other issues, for example audience measurement and viewability.
“Everyone agrees that digital advertising standards need to improve to keep this industry sustainable and thriving. The IAB Gold Standard is a practical measure that demonstrates media owner commitment to making this happen,” said the IAB’s Chief Digital Officer Tim Elkington. “Media owners need to send a clear signal to advertisers and agencies that they take their responsibilities seriously to offer the best environment possible so that brands can confidently use digital advertising.”
Bethan Crockett, Senior Director of Brand Safety and Digital Risk, GroupM EMEA and IAB member said, “GroupM fully supports IAB UK’s Gold Standard initiative and it is fantastic to see the industry committing to implement best practice standards relating to ad fraud, brand safety and the digital advertising user experience.”
Sarah Golding, IPA President and CEO, CHI & Partners, said: “As I set out in my inaugural IPA Presidential speech in May of this year, if we are to maximise the potential that machines offer our industry it is it is imperative that we monitor the machines by ensuring greater digital media quality and security, including guarding against ad fraud and ensuring better brand safety.
“As such, the IPA and I have spent the past six months actively lobbying the big tech brands to work with the industry to constantly and consistently improve the visibility and comparability they offer brands. We have also redoubled our efforts with our partners at the IAB and ISBA to clean up the digital media landscape.
“Today’s announcement of the gold standard is testament to these cross-industry efforts and marks a significant and holistic step forward in this mission.”
The 23 board member signatories are AppNexus, Bauer Media, ESI Media, Facebook, Google, Guardian Media Group, GroundTruth, Immediate Media, Mail Brands, Microsoft, News UK, Oath, Quantcast, RadiumOne, Teads, Telegraph Media Group, TripAdvisor, Trinity Mirror Solutions, Twitter, Vevo, Viant, Videology & Weve.
For more information, visit: https://iabuk.net/gold-standard