Last April, Yahoo unveiled details of a forthcoming online display advertising platform called AMP, to be released in the third quarter of 2008. Well, it's Q3 and AMP was launched this week at Advertising Week in New York. Except, it's not called AMP anymore. It's been rebranded as APT.
Jon Hamm, star of the AMC Drama Mad Men which is based on a 1940s ad firm, was on hand to celebrate. This really excited Jerry Yang.
"The advertising landscape has changed dramatically since the days when Don Draper was roaming the halls of Sterling Cooper," said Jerry Yang. "While Mad Men celebrates the Madison Avenue of 40 years ago, APT from Yahoo! clearly represents the future."
APT is being touted as a streamlining of the display advertising process, from planning to buying and optimizing.
APT will undergo a phased roll-out. Select newspapers get the first stab at it, specifically publishers the San Francisco Chronicle of Hearst Newspapers and San Jose Mercury News of MediaNews Group.
- Guaranteed cross-selling with pre-defined selling rules
- Ad Exchange for non-guaranteed inventory
- Advanced audience targeting techniques based upon behavior and geography
- Inventory lookup and forecasting across individual and partner sites
- Creative workflow automation and personalization
- Powerful rate card tools for improved yield management
- Filters for better controls around creatives
- Flexible and powerful APIs
- Federated ad call to support multiple ad formats
"One of the major benefits of APT from Yahoo! is the fact that it's an open system, designed to enable advertisers to reach their audiences in their favorite places across the Web, and publishers to monetize inventory across the broadest possible demand channels," said Sue Decker. "As we transform the advertising marketplace, we're excited to have key members of the Newspaper Consortium, the San Francisco Chronicle and San Jose Mercury News, lead the way in this historic journey."
APT (as AMP) has often been one of Yahoo's defenses about the strength of its company. Yahoo has undergone much scrutiny in the past year, especially since Microsoft attempted to acquire it. They've placed high hopes on AMP, and now it's go time.