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

Run of Paper (ROP)

Newspaper advertising that is positioned to run anywhere in a publication, with no exact choice of a specifi c position or page. Placement is at the discretion of the newspaper.

Media Buying

Schedule

A list of advertisements or media to be used in a campaign along with the timing of placements.

Media Buying

Schedule and Estimate

Detailed information submitted to the advertiser prior to a media buy; traditionally details price, schedule, publications and goals.

Media Buying

Secondary Audience

Readers of a publication in addition to the initial buyer. Also called Pass Along Readership.

Media Buying

Share of Voice

The percentage of advertising a client owns during a specific set of time relative to all available inventory.

Media Buying

Shopping Newspaper

A newspaper-like publication that is predominately advertising and often distributed free to shoppers or to households (slang “shopper”).

Media Buying

Short Rate

Money that is owed to a media by an advertiser to compensate for the shortfall difference in revenue between what was purchased and what was contracted.

Media Buying

Sliding Billboard

High-Impact digital advertisements that display as a narrow bar at the top of a website and expand down when a user rolls over the ad.

Media Buying

Social Display

Paid advertisements on a social platform such as Facebook, Twitter, Pinterest, etc.

Media Buying

Spadea

A separately printed, unbound broadsheet that is folded around a newspaper, or around one of its sections, appearing as a partial page or flap over the front and back.

Media Buying

Sponsorship

Payment for marketing vehicles in exchange for advertisements in the piece.

Media Buying

Spot Color

A single extra color ink added to a page; also called flat color.

Media Buying

Streaming

The method of receiving audio or video data in a continuous flow across a network.

Media Buying

Supplement

A newspaper section in magazine format inserted prior to distribution.

Media Buying

Tabloid

A newspaper format that’s roughly half the size of a broadsheet newspaper. Approximate size of a standard newspaper folded in half (slang “tab”).

Media Buying

Tearsheet

A publication page with an advertiser’s message, sent to the advertiser as proof of accurate placement.

Media Buying

Teaser

An interest-building advertisement that precedes the kick-off of an advertising campaign.

Media Buying

Till Forbidden (TF)

A newspaper insertion order abbreviation; run the advertisement until told to stop.

Media Buying

Trade Paper

A specialized publication for a specific audience like a profession, trade, or industry.

Media Buying

Traffic Report

The data provided to the client at the end of a campaign demonstrating the performance and results of a digital campaign.

Media Buying

Vehicle

Anything capable of exposing advertising to customers.