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Picnic launches inventory intelligence tool

Picnic says its new inventory quality assessment tool, PIQ, delivers 88% boost in media attention allowing advertisers to prioritise effective ad placements.

Picnic launches inventory intelligence tool
Matthew Goldhill: “We believe that a focus on media quality is an important step to secure the future of the ad-funded web as an effective, more sustainable media channel.”

User-first media platform Picnic has announced the launch of PIQ (Picnic Inventory Quality), an inventory intelligence platform capable of assessing a webpage's suitability for effective ad delivery.

According to Picnic, initial tests have demonstrated that PIQ-passing domains achieve 88% higher media attention versus non-passing domains, when testing two lines with identical targeting and creative. The tool can be leveraged to deliver creatives across sites which ensure a great user experience - in turn delivering high attention opportunities and improved brand outcomes, the company continued.

The end of clickbait?

Picnic says media quality has long been impeded by the prevalence of industry performance metrics, such as clicks and viewability, which incentivise low-quality industry practices, such as high ad density and intrusive ad formats. As a result, the ad-funded web is inundated with poor user experiences.

Recent research from Picnic/YouGov confirms intrusive and excessive ads can negatively impact consumer perception of a brand and reduce the likelihood to purchase. Addressing this issue of wasteful - or even harmful - ad impressions, PIQ enables brands and agencies to make sure every ad impression counts.

How does PIQ work?

Picnic says PIQ analyses a webpage’s suitability based on a range of quality signals such as:

  • Ad density: the percentage of a webpage taken up by ads
  • Domain reputation: a measure of reputability and trust based on inputs such as the number of backlinks to a domain, and where they come from, as well as content and headline language analysis, determining factors such as clickbait content.
  • Page performance: a set of performance metrics, powered by Google’s Core Web Vitals scoring, that evaluate the load speed and visual stability of a webpage.
  • Processability: a measure of cognitive load - i.e. the amount of information contained within an image or frame, and the associated mental effort required to understand and engage with an ad - based on the complexity of content, design, and messaging.
  • Attention: this includes both historical domain attention and placement level attention measurement - providing media attention opportunity, in addition to creative attention for maximum effectiveness.
  • Emissions: Picnic’s marketplace is filtered for low-carbon-emitting pages, using an emissions threshold 20% lower than the Scope3 standards benchmark.

Commenting on the launch of PIQ, Matthew Goldhill, founder & CEO, Picnic, says: “We believe that a focus on media quality is an important step to secure the future of the ad-funded web as an effective, more sustainable media channel.

“The approach is two-pronged - measuring the quality of both the creative and the media. After all, investing in a great creative but delivering it on a poor-quality web page is akin to investing in the Mona Lisa and displaying it on a cluttered gallery wall in your living room. It may technically be viewable, but it’s not going to garner the same attention as it would in a prime spot at the Louvre.”

According to Picnic, the key benefits of PIQ are:

  • Inventory quality at scale: objective and measurable assessment using a combination of machine learning and human expertise, guaranteeing brand safety and unrivalled media quality at scale.
  • Genuine ad attention and improved outcomes: making every impression count by focusing on media attention - not just creative.
  • Enhanced targeting and control: greater user privacy and improved trust in programmatic decision-making
  • Deeper insights: granular understanding of the content and placements of media, alongside meaningful analytics that look beyond traditional metrics.

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