SEATTLE and NEW YORK, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Placements.io, the revenue management system for publishers, today announced a series of significant new client wins. Among them are News Corp, Penske Media Corporation, Dotdash (an IAC brand), Slate, Hemnet and autoTrader.ca. These publishers have all signed with Placements.io after reviewing the products available in the market as they leave Google Doubleclick Sales Manager (DSM). Placements.io also welcomed other major publishers as new clients, which had previously used competitive software or in-house solutions.
As Google plans to deprecate their offering at the close of Q2 2019, many publishers are in the process of selecting a new technology partner to help manage and grow complex revenue operations. For those publishers still in search of a new partner, Placements.io offers software built for the real-time, multi-channel nature of today’s publisher advertising business. Publishers benefit from Placement.io’s proprietary migration tool, engineered to dramatically speed up DSM customer migration. Their tool also allows for a thorough proof of concept exercise which ensures that clients can migrate quickly and start to measure their business more accurately right from the beginning of the engagement.
“Placements.io offers a very versatile, technologically advanced platform that is fully integrated and allows us to create much more sophisticated product packages for our advertisers, among many other benefits,” said Chris Guenther, SVP Global Head of Programmatic at News Corp. “We also have better control and visibility over our revenue operations, and have a partner that will grow with us as we embrace new channels.”
“The software is more intuitive and easy to use than other platforms we considered. Furthermore, we felt Placements.io fully understood our concerns and the revenue risks associated with migrating all of our bands over to a new order management system (OMS),” said Joni Antonacci, Vice President Production Operations at Penske Media Corporation. “Their automated DSM data migration tool gave us confidence in their ability to both mitigate risk and offer an optimal implementation timeline.”
Publishers gain significant advantages with Placements.io. Despite being relatively new to the market, Placements.io delivers full-fledged OMS capabilities at the core of a true revenue management platform, and a comprehensive set of integrations. The product also provides a powerful, modern product catalog, allowing publishers to build products more quickly and layer on targeting in a way that improves pricing and preserves discounting.
“We’re thrilled to welcome so many fantastic new clients to the Placements.io family. We are in the business to support publishers, we take their needs to heart in everything we do, and it’s our mission to be that partner they can lean on for what’s next,” said Edwin Fu, Founder and CEO, Placements.io. “We’re focused on the same market growth opportunities as our clients and as a result, hope to foster many positive long-term client relationships. We look forward to helping many more publishers make the transition from DSM.”
About Placements.io
Placements.io is changing the way digital media companies manage their advertising businesses. Placements powers multi-platform ad sales and operations for publishers and e-commerce customers with an industry-leading revenue management SaaS offering In an increasingly fragmented ad tech landscape, Placements.io creates a connected ecosystem for its customers that helps companies to scale quickly and profitably.
Everyday, companies such as CarGurus.com, Newscorp, Skyscanner, UnderArmour Connected Fitness, and Zillow Group trust Placements.io to manage nearly a billion dollars of revenue annually.
Founded in 2014, Placements.io is based in Seattle, WA with offices in New York City, NY.
Contact:
Emily Riley
914-330-1128