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Priority overview

Learn about the Priority Bid Model component, and how daily spend performance checks determine how your priorities are executed.

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Written by Team IQM
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Priority overview

Bid shading notice: Bid shading lowers your bid when you can win at auction for a lower price than the Max Bid Price you specified for a campaign. We enable bid shading by default across all campaigns to help you bid competitively in first-price auctions without overpaying.

Applying any Bid Model component (Bid Modifier, Spend Ratio, Priority) to a campaign will automatically disable the bid-shading feature for that campaign.

The Priority Bid Model component allows you to take control of the way your campaign delivers impressions. You can specify the order in which a campaign should attempt to deliver those impressions across the Creative, Location, or Inventory dimensions that your campaign is targeting.

Priorities are one of the three Bid Model components that you can manage for your campaigns. Refer to Bid Modifier overview and Spend Ratio overview for more details on the other ways that you can apply Bid Model settings.

Priority eligibility requirements

All advertisers can apply Priorities to a campaign; however, a campaign must meet each of these conditions before it becomes eligible.

Requirement type

Requirement details

Daily spend

$100+

Campaign status

Draft

Pending

Running

Paused

Rejected

Campaign duration

3+ days

Campaign type

Advanced

Campaign dates

Campaign must have an End Date

Priorities for one or multiple dimension categories

Priority establishes a sequential order of bidding. When you assign priorities to a set of dimensions, you choose the order in which a campaign is executed. These priorities can range from 1 to 10, with smaller numbers indicating a higher priority, and larger numbers indicating a lower priority.

Apply Priorities to dimensions within a single dimension category, or apply them to multiple dimension categories.

Priority - Single dimension category

Priorities follow a waterfall method when they’re assigned to dimension values that fall within the same dimension category. The campaign fills as much budget as possible on the highest-priority dimension value you assigned, then assesses Daily spend pacing.

In certain cases, this means that the campaign will only spend on the dimensions that you’ve assigned to Priority 1. However, if the pacing check indicates that the campaign is pacing behind, then it’ll begin serving on the next-highest-priority dimension(s).

Once the system begins serving impressions for a lower-priority dimension, it continues to do so throughout the campaign’s duration or until its budget is depleted.

Example: Priority - Single dimension category with the same priority assigned to more than one dimension

You can assign the same Priority to more than one dimension. The Bid Model will treat any dimensions featuring the same priority equally during campaign execution.

In this example, an advertiser creates a campaign and targets the following five creatives:

  • Creative A

  • Creative B

  • Creative C

  • Creative D

  • Creative E

Each of the creatives are relevant to the advertiser’s campaign, but they’d like to specifically prioritize Creative A, Creative D, and Creative E. They only want to spend campaign budget on Creative B and Creative C if the campaign can’t fulfill its entire budget by serving ads for the other creatives.

The advertiser defines a priority of 1 for Creative A, Creative D, and Creative E; and of 2 for the campaign’s less-essential creatives.

Creatives

Priority

Creative A

1

Creative D

1

Creative E

1

Others*

2

*The non-prioritized creatives (Creative B and Creative C) are captured in Others.

The campaign will serve impressions for exclusively Creative A, Creative D, and Creative E if it achieves the expected daily spend. In cases when the expected daily spend isn’t met, the campaign will serve impressions to the creatives captured in Others (Creative B and Creative C) to fulfill the budget.

Example: Priority - Single dimension category with different priorities assigned to each dimension

In this example, an advertiser creates a campaign and targets the following five creatives:

  • Creative A

  • Creative B

  • Creative C

  • Creative D

  • Creative E

Each of the creatives are relevant to the advertiser’s campaign, but they’d like to specifically prioritize Creative A, Creative D, and Creative E. They only want to spend campaign budget on Creative B and Creative C if the campaign can’t fulfill its entire budget by serving ads for the other creatives.

The advertiser defines a Priority of 1, 2, and 3 for Creative A, Creative D, and Creative E, respectively; and of 4 for the campaigns non-prioritized creatives.

Creatives

Priority

Creative A

1

Creative D

2

Creative E

3

Others*

4

*The non-prioritized creatives (Creative B and Creative C) are captured in Others.

The campaign will serve impressions for exclusively Creative A if it achieves the expected daily spend. In cases when the expected daily spend isn’t met, the campaign will serve impressions to Creative D (Priority 2), then to Creative E (Priority 3), and finally, to the creatives captured in Others (Creative B and Creative C, Priority 4) to fulfill the budget.

Priority - Multiple dimension categories

As with Priorities for a single dimension category, Priorities follow a waterfall method when you’ve assigned them across more than one dimension category. The Bid Model’s approach to filling as much budget as possible on the highest-priority dimension value is also the same whether you define priorities for a single or multiple dimension categories.

Single- and multiple-dimension Priorities differ when it comes to the way they choose which dimension values they can serve impressions on. If you define Priorities across more than one dimension category, the Bid Model applies “AND” logic to evaluate incoming ad requests. This means the campaign will only bid on an ad placement when every rule you’ve defined is satisfied. Refer to Example: Priority - Multiple dimension categories for more information on how it works.

These rules can change as the campaign progresses based on how the campaign performs during pacing checks. Pacing performance determines the specific dimension value(s) for which the campaign can serve impressions. Refer to Daily spend pacing for more details on how often pacing checks are performed and their impact on your campaign’s Bid Model settings.

Example: Priority - Multiple dimension categories

You can assign the same Priority to more than one dimension value, and to more than one dimension category. The Bid Model will treat any dimension values featuring the same priority equally during campaign execution.

In this example, an advertiser creates a campaign and targets two publisher categories:

  • Books & Literature

  • Fine Art

The campaign also targets the following four ZIP codes:

  • ZIP Code A

  • ZIP Code B

  • ZIP Code C

  • ZIP Code D

The advertiser defines the following priorities for these dimension values:

Publisher Categories

Priority

Spend Ratio

Books & Literature

1

Flexible

Fine Art

2

Flexible

AND

ZIP Codes

Priority

Spend Ratio

ZIP Code A

1

Flexible

ZIP Code B

1

Flexible

ZIP Code C

2

Flexible

ZIP Code D

3

Flexible

The campaign initially serves impressions for Priority 1 dimension values across both the Locations (ZIP Codes) and Inventory (Publisher Categories) dimension categories.

In this example, the campaign will begin serving impressions for exclusively ad opportunities that are either:

  • In both the ZIP Code A location AND the Books & Literature publisher category

  • In both the ZIP Code B location AND the Books & Literature publisher category

A few days later, a pacing performance check reveals that the campaign will ultimately underspend if it continues serving ads for only Priority 1 dimension values. The Bid Model begins serving ad impressions for all Priority 1 dimension values and Priority 2 dimension values to help ensure pacing performance.

With Priority 2 dimension values enabled, the campaign begins serving impressions for exclusively ad opportunities that meet any of these conditions:

  • In both the ZIP Code A location AND the Books & Literature publisher category

  • In both the ZIP Code A location AND the Fine Art publisher category

  • In both the ZIP Code B location AND the Books & Literature publisher category

  • In both the ZIP Code B location AND the Fine Art publisher category

  • In both the ZIP Code C location AND the Books & Literature publisher category

  • In both the ZIP Code C location AND the Fine Art publisher category

The campaign will open up serving for lower-priority dimension values (Priority 3) if future pacing performance checks identify that the campaign is at risk of underspending. This campaign will never revert to serving ads for exclusively the Priority 1 impressions at any point throughout its remaining duration.

Add or change a Priority

More on adding or changing Priorities: There’s no limit to the number of changes you can apply to the Bid Model components that you’ve assigned to a campaign. Monitor campaign performance regularly and apply optimizations, as needed, to help ensure your campaign spends in full and performs as expected.

The steps you’ll follow to add or edit a Bid Model setting will differ based on the dimension category for which you’d like to apply the Priority, Bid Modifier, or Spend Ratio.

Refer to the dedicated resources linked below to learn how to apply a Priority or another Bid Model component based on the dimension category.

Key terms and concepts

Daily spend pacing

The Bid Model automatically checks pacing throughout the campaign’s duration to help ensure optimal spending. The campaign’s pacing performance impacts the way in which the Priorities you defined for the campaign are applied.

These pacing checks include comparing the campaign’s total spend to the expected spend up to that point in the campaign’s duration. The campaign is considered to be pacing behind if its total spend is less than 90% of the expected spend. This triggers the campaign to serve on the dimension values that are one level lower in priority.

The campaign applies the same logic throughout the campaign, and continues to enable the next-highest priority as needed to help ensure appropriate pacing and, ultimately, full-budget spend.

You’ll know that serving is enabled for a dimension value when the circle next to it in the Priority column changes from gray to green. This indicates that ads are being targeted for that dimension value based on the latest pacing performance check.

Daily spend pacing - Pacing-check schedule

The frequency of pacing checks increases based on how soon the campaign is ending. Campaigns with assigned Priorities follow this pacing-check schedule.

Time Until Campaign Ends

Pacing Check Details

From the start of the campaign through 6 days prior to the campaign’s end date

Performed 1x daily (every 24 hours)

During the campaign’s last 3, 4, and 5 days

Performed 4x daily (every 6 hours)

During the campaign’s last 2 days

Performed 12x daily (every 2 hours)

Example: Daily spend pacing

A campaign with a 15-day duration follows the pacing-check schedule shown below:

The campaign initially serves impressions for only the dimension values that are assigned Priority 1. During a pacing check, the Bid Model identifies that the campaign’s pacing has fallen below 90% of the expected spend. The campaign starts serving on all dimension values that the advertiser assigned a Priority 1 or Priority 2.

Flexible Spend Ratio

Required Bid Model components: The flexible Spend Ratio Bid Model component is required for any dimension values that are assigned a Priority.

Spend Ratio is a Bid Model component that allows you to take control of your campaign’s spending pattern. You can specify how much of a campaign’s total budget you’d like to allocate to each Creative, Location, or Inventory dimension that your campaign is targeting.

Refer to Spend Ratio overview for more details, and review Example: Flexible Spend Ratio and Priority for an illustration of how these two Bid Model components work when both are applied to the same dimension value.

Others

Others appears in the Bid Model table any time you choose to apply Priorities to only certain dimensions in a dimension category. Others aggregates all of the items you’re targeting in the same dimension that don’t have a Priority applied to them. It may also include items that your campaign isn’t directly targeting, but that appeared in its serving data within the past three months.

You’ll first apply the desired Priority percentages to the dimension values. Then you’ll use the Others field to only spend campaign budget on the other items you’re targeting in the same dimension category if it can’t be filled by targeting the prioritized ones.

Refer to the example in this article’s Priority - Single dimension category section for an example of how the Others field works.

Locate additional Bid Model resources

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