Case study

Case subject
A leading Turkish news publisherAnonymised at the client’s request

+370% programmatic revenue in four months, with the direct-sales strategy untouched.

A leading Turkish news publisher · four-month engagement · reported by APH from the engagement

Service line: Programmatic monetization through APH — ad units, price floors, deals, the video player and the supply path, rebuilt around one fixed point.

Published Last updated
A watchmaker’s bench: an open movement in its holder under the lamp, the tools laid out in order
A watchmaker’s bench. Every part regulated and measured, one at a time; the case it all sits in never changed.
Key results · reported by APH from the engagement
+370%Programmatic revenueFour months, start to resultIndexed to the starting month · APH ad-server reporting
+80%Video revenueAfter the player swapAgainst the old player, same inventory
4Months, start to resultThe whole engagementSix interventions, in sequence
1Fixed pointThroughoutThe inventory strategy, which never moved
At a glance
Client
A leading Turkish news publisher Anonymised at the client’s request
Sector
News media Corporate, established · a direct-sales house
Market
Türkiye
Engine
Google Ad Manager programmatic Ad units, price floors, deals, video player, supply path
APH role
Programmatic monetization partner Six interventions, one fixed point
Engagement and source
Four-month engagement APH ad-server reporting for the client · client anonymised

The 60-second version

Three sentences that can be read aloud in a meeting.

  1. Situation

    A leading Turkish news publisher — corporate, established, built around direct sales — treated programmatic as an afterthought: generic ad tags, one-size-fits-all placements, floors set once and forgotten, and a page cluttered with partners that added latency but little revenue.

  2. What APH did

    They kept their inventory strategy, the one fixed point; everything else we challenged. Category-specific ad units, floor science, programmatic deals, a video player swap, partner pruning, and placements re-set inside a broader website redesign.

  3. What changed

    Programmatic revenue rose 370% in four months, indexed to the starting month, and the new video player outperformed the old one by more than 80% on video revenue — with the direct-sales strategy untouched throughout.

The client is anonymised at their request. Everything else on this page — the work and the result — is reported by APH from its own ad-server reporting for the engagement; absolute revenue is withheld and shown as an index.

What we walked into01The starting point

A leading Turkish news publisher — corporate, established, and built around direct sales. The sales house was the business, and it worked. Programmatic was what happened to the impressions direct did not sell: generic ad tags, one-size-fits-all placements, floors set once and forgotten, and a page cluttered with partners that added latency but little revenue.

None of that was a decision anyone had made. It was the residue of decisions nobody had revisited, and each one cost something on every impression the house served.

What we agreed02The deal

They kept their overall inventory strategy — that was the one fixed point. Everything else, we challenged. That deal is what made the engagement possible: a direct-sales house will not let a programmatic partner touch the thing it sells, and it should not have to. With the strategy off the table, the rest of the stack was open to be tested, measured and re-set.

A patch panel with most of its cables pulled and the remaining lines re-routed
Partners pruned, paths re-routed. Every connection that stayed had to pay its way on the impressions it touched.

What we did03The work

Six interventions over four months, in sequence. No dates are attached to the steps; the order is the point.

  1. 01
    UnitsCategory-specific ad units

    Homepage, sports and daily news each got their own units instead of one generic tag, so demand could price what it was actually buying.

  2. 02
    FloorsFloor science

    Significant price-floor optimization across the restructured units — floors set from what the auction was paying, unit by unit, rather than once for the whole site.

  3. 03
    DealsProgrammatic deals

    Worked directly with management to bring deals into a house that had never prioritized them.

  4. 04
    VideoA video player swap

    The replacement outperformed the old player by more than 80% on video revenue, on the same inventory.

  5. 05
    PartnersPartner pruning

    Programmatic partners that cluttered the page without paying their way were cut.

  6. 06
    PlacementPlacement and design

    Ad slots repositioned as part of a broader website redesign collaboration.

The fixed point

The inventory strategy never moved. Every one of the six steps was measured against the same direct-sales-first setup it started with, which is what makes the result attributable to the programmatic work and not to a change in what the house sold.

What happened04The result

Programmatic revenue rose 370% in four months. Not from one silver bullet — from a dozen unglamorous decisions, each measured. Indexed to the starting month at 100, month four came in at 470. Absolute revenue is withheld at the client’s request.

Exhibit 1 · reported by APH Programmatic revenue, starting month against month four. Two bars on a zero axis: the month the engagement began, set to 100, and the fourth month.
Programmatic revenue, starting month against month four Two vertical bars sharing a zero baseline. The left bar, the starting month, is set to an index of one hundred. The right bar, month four, reaches four hundred and seventy. Gridlines mark zero, one hundred and four hundred and seventy. 0 100 470 Programmatic revenue, index 100 470 +370% Starting month Indexed to 100 Month four Same property, same inventory strategy
Reported by APH from ad-server reporting for the engagement. Indexed to the starting month (100); absolute revenue withheld. Client anonymised at their request.

The index hides the currency and keeps the shape. The starting month is 100; month four is 470, which is the 370% rise. The months between are not drawn because the six interventions overlapped and the monthly series would suggest a precision about which step did what that the data does not support.

Exhibit 2 · what changed, in order Six interventions, in sequence. The order the work ran in, from the units that let demand price the page to the redesign that repositioned the slots.
Six interventions, in sequence A strip of six numbered boxes joined by arrows, left to right: units, floors, deals, video, partners, placement. Below the strip, a bar the full width labelled the fixed point, the inventory strategy, unchanged throughout. The strip is ordinal and carries no dates. Sequence, not dates · four months · ordinal 01 Units By category 02 Floors Per unit 03 Deals Management 04 Video Swapped 05 Partners Pruned 06 Placement Redesign Fixed point · the inventory strategy · unchanged throughout Direct sales first
Ordinal: the strip shows sequence, not dates or duration, and no step is weighted by its share of the result. The fixed point sits underneath because it applied throughout.
Exhibit 3 · the player swap Video revenue, old player against new. The same inventory through two players; the old one indexed to 100.
Video revenue, old player against new Two vertical bars on a zero baseline. The old player is indexed to one hundred; the new player reaches one hundred and eighty. The axis is marked at zero, one hundred and one hundred and eighty. 0 100 180 Video revenue, index 100 180 +80% or more Old player Indexed to 100 New player Same inventory · indexed, reported
Indexed, reported: old player 100, new player 180, from the “more than 80%” outperformance APH measured on the same inventory. Drawn at 180; the reported figure is a floor, not a point.

The player swap is the one step with its own number. On the same inventory the replacement returned more than 80% more video revenue than the player it replaced — drawn here as 100 against 180, the lower bound of what was reported.

How to read the numbers05Methodology and caveats

Data source
APH’s ad-server reporting for the client, from the engagement. These are APH’s own measurements; no third party has audited them.
Metric
Programmatic revenue, indexed. Absolute revenue is withheld at the client’s request; the starting month is set to 100 and month four is 470. Video revenue is indexed the same way, old player at 100.
Window
Four months, from the month the engagement began to the fourth month. The engagement period is not dated on this page.
Comparison basis
Month four against the starting month, same property, same inventory strategy. The player swap is the new player against the old on the same inventory. Neither is a holdout or a year-on-year comparison.
Seasonality
Not adjusted. News traffic and ad demand move through the year, and a four-month window will carry some of that. The figures are as reported, not seasonally corrected.
Results will vary
This is one publisher’s result. Results depend on the starting stack, the traffic mix and the direct-sales setup, and we cannot guarantee the same outcome for another property. The client is anonymised at their request.

The pattern06What we do with this today

The relationship is historical, and the work has since become product. The floor discipline this engagement built by hand — floors set unit by unit from what the auction was actually paying — is what Archon Cortex now does twice a week from raw bid data, across every property we run. The rest of the sequence is the audit we start every publisher relationship with: units, floors, deals, video, supply path, placement, in that order.

Start here

Every publisher relationship we have started with an audit.

We look at your floors, your supply paths and your identity setup, and come back with what we would change and what it is worth. No obligation, and a person reads it.

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First response within one business day. The summary prints this page as a two-side A4 leave-behind. See also Archon Cortex.