SpeakEasy - Taking the Jargon Our of the Industry SpeakEasy - Taking the Jargon Our of the Industry

Media Buying Glossary

Media buying is the process of purchasing ad space and time on digital and offline platforms, such as websites, YouTube, radio, and TV. A media buyer is also responsible for negotiating with publishers for ad inventory, managing budgets, and optimizing ads to improve campaign performance.

Media Buying

Impression

When a digital ad is shown on a user’s screen.

Media Buying

In-Banner Video

Video advertisement that loads and plays inside a space sized for and traditionally reserved for a standard banner unit.

Media Buying

Insert

A one-page or multi-page print advertisement that is distributed and inserted into a publication.

Media Buying

Insertion Order

Written authorization from the advertiser or agency to a publication. Orders specify cost per ad, size, publication dates as well as any request for special position.

Media Buying

Internet Radio

Audio streamed over a network rather than received as a signal from a particular physical location.

Media Buying

Interstitial

A type of digital advertisement that is displayed between two pages of content.

Media Buying

Island Position

A print advertisement surrounded entirely by editorial and not other ads.

Media Buying

Key

A code placed in an advertisement to facilitate tracking data.

Media Buying

Line Rate

The cost per agate line for newspapers. This is often seen in classified placements.

Media Buying

Local Display

A newspaper or broadcast station’s owned and operated website.

Media Buying

Magazine Supplement

A separately printed magazine section inserted into a newspaper. Supplements can be produced both locally and nationally.

Media Buying

Makegood

No charge rerun placement given to an advertiser when the original spot or ad did not run or ran incorrectly.

Media Buying

Media Buying

The purchase of media space for the placement of advertisements. This is often done by an agency or placement firm on behalf of the advertiser.

Media Buying

Mobile Delivery

Digital ads that are served while a user is engaging an app on their mobile device or visiting a website via an internet browser on their mobile device.

Media Buying

Native Advertising

Digital content from an advertiser that positions them as a subject matter expert and reads like an editorial piece.

Media Buying

Net Paid Circulation

A term used by AAM for the circulation of a publication to indicate the number of copies sold per issue both in subscription and newsstands.

Media Buying

Newspaper Syndicate

A company that sells special material such as features, photographs, comic strips, and cartoons to newspapers for print in their publications.

Media Buying

Open Rate

The highest advertising rate given to an advertiser before any discount can be earned; also called “one-time rate”.

Media Buying

Over The Top (OTT)

Video content that is delivered to a user via the internet rather than a traditional cable subscription.

Media Buying

Page Unit

An ad measurement system used in magazine advertisements and some tabloids. Designated measurements often include full page, half page, one-third page, one-sixth page, etc. These are also called modular units.

Media Buying

Page View

The total number of times a page on a website is visited during a set period of time.