Glossary

    Yield management

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    Yield management is a publisher's practice of setting prices, priorities and demand sources so that each impression earns as much as it can without breaking direct-sold commitments or the reader's experience.

    The work happens mostly in the ad server. In Google Ad Manager, line item type and priority decide how a campaign competes, so contractually guaranteed campaigns can rank above others. Yield groups set which inventory is open to Ad Exchange, Open Bidding or app mediation partners (Google Ad Manager Help, accessed 9 November 2026). Around that sit floors, the mix of header bidding partners, timeouts, ad density and refresh rules.

    Price is not the only input. The IAB Tech Lab notes that few auctions are decided purely on price: media owners may put direct-sold campaigns ahead of programmatic bids whatever the cost (IAB Tech Lab, Programmatic Auction Definitions). Good yield management measures revenue per session or per thousand page views, not just CPM, because a higher floor can raise CPM while lowering total revenue.

    Example: A publisher raises its mobile floor from $0.80 to $1.10. Average CPM rises 18%, but fill drops from 92% to 71%, so revenue per thousand sessions falls. The team rolls back and tests $0.95 on half the traffic for two weeks before deciding.