{"id":33000,"date":"2023-11-17T12:57:36","date_gmt":"2023-11-17T11:57:36","guid":{"rendered":"https:\/\/yieldbird.com\/research-hub\/?p=33000"},"modified":"2024-07-22T19:27:10","modified_gmt":"2024-07-22T17:27:10","slug":"why-is-a-0-uplift-in-price-genius-not-a-failure","status":"publish","type":"post","link":"https:\/\/yieldbird.com\/research-hub\/why-is-a-0-uplift-in-price-genius-not-a-failure\/","title":{"rendered":"Why Is a 0% Uplift in Price Genius Not a Failure?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In the world of business, we often equate success with measurable uplifts. Yet, there are moments when a 0% uplift can be a beacon of success. When does this rare occurrence take place? It&#8217;s an unusual scenario in the realm of Price Genius, but it does happen to some publishers.\u00a0<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">What does it signify? Join us as we unravel this mystery in the following paragraphs.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Price Genius: The Perfect Extension to GAM<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-564d22063ac4fba0603b7d45084b0097 wp-block-paragraph\"><a href=\"https:\/\/yieldbird.com\/price-genius\" target=\"_blank\" rel=\"noopener\" title=\"\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ff234f\" class=\"has-inline-color\">Price Genius<\/mark><\/a><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-black-color\"> <\/mark>is an AI-powered tool designed to enhance programmatic ad pricing strategies. You might be wondering why you need Price Genius when Google Ad Manager (GAM) seems to do the same job. Well, Price Genius is not a competitor; it&#8217;s a perfect complement to GAM, making your ad pricing even more effective.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Let&#8217;s delve deeper into Price Genius&#8217;s inner workings. When publishers set their floor prices at various levels, these prices remain static until someone manually adjusts them in GAM. With Price Genius, this process is automated through machine learning algorithms, eliminating the need for human intervention. Furthermore, it updates floor prices daily, whether on a regular weekday, a weekend, or a holiday \u2013 all without delays.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">How Exactly Does The Algorithm Work?<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Typically, traffic is divided into two segments: 90% is optimized by Price Genius, while the remaining 10% serves as a benchmark for evaluating price strategy efficiency. The percentage of segments can be different, depending on the publisher\u2019s choice. The algorithm aims to identify the optimal floor price that maximizes revenue. When Price Genius spots an opportunity, it adjusts the prices, leading to uplifts.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">But What If The Uplift Is 0%?<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">A 0% uplift doesn&#8217;t signify Price Genius&#8217;s failure; quite the opposite, in fact. It indicates that your initial prices are already optimal; hence, Price Genius can&#8217;t make them any better. Congratulations!<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">What&#8217;s Next?<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Even in this scenario, you can still benefit from Price Genius as a cost-free solution. It acts as a guardian for your pricing strategy, always ready to step in if necessary. Keep in mind that once prices are set, they may not remain ideal forever. And here&#8217;s something crucial to note: you don&#8217;t actually pay for Price Genius. It generates uplifts for you, translating into additional revenue, and we only take a tiny percentage of this extra profit.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Make the Most of Your Pricing Strategy: Try Price Genius<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">You may believe your pricing strategy is already perfect, but how can you be certain without checking? Price Genius offers the best way to find out. If everything is set up optimally, you&#8217;ll see a 0% uplift, providing double verification at no cost. However, if there&#8217;s room for improvement, you stand to benefit significantly. Give Price Genius a try today and make the most of your pricing strategy.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-color has-link-color wp-elements-3f55430273a187893e27f6a555d10112 wp-block-paragraph\" style=\"color:#ff234f\"><strong>See Price Genius in action: <\/strong><\/p>\n\n\n\n<ul style=\"color:#ff234f\" class=\"has-text-color has-link-color wp-block-list wp-elements-98bda4a7ff29a27dcac2be9534d22e2d\">\n<li><a href=\"https:\/\/yieldbird.com\/research-hub\/case-study\/wallapop\/\" target=\"_blank\" rel=\"noopener\" title=\"\">How Wallapop Optimized Pricing Strategy and Generated 8.6% Uplift&nbsp;<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/yieldbird.com\/research-hub\/case-study\/taboola-case-study\/\" target=\"_blank\" rel=\"noopener\" title=\"\">How Taboola News Optimized Pricing and Generated&nbsp;11% Uplift&nbsp;With Price Genius<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In the world of business, we often equate success with measurable uplifts. Yet, there are moments when a 0% uplift can be a beacon of success. When does this rare occurrence take place? It&#8217;s an unusual scenario in the realm of Price Genius, but it does happen to some publishers.\u00a0 What does it signify? Join [&hellip;]<\/p>\n","protected":false},"author":56,"featured_media":33026,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"content-category":[],"class_list":["post-33000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ad-tech"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/posts\/33000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/comments?post=33000"}],"version-history":[{"count":16,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/posts\/33000\/revisions"}],"predecessor-version":[{"id":33033,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/posts\/33000\/revisions\/33033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/media\/33026"}],"wp:attachment":[{"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/media?parent=33000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/categories?post=33000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/tags?post=33000"},{"taxonomy":"content-category","embeddable":true,"href":"https:\/\/yieldbird.com\/research-hub\/wp-json\/wp\/v2\/content-category?post=33000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}