Popular online gaming platform Roblox just announced a new partnership with leading tech ad firm PubMatic to introduce a streamlined process for purchasing video ad inventory.
Set to roll out later this year, the inventory aims to open up Roblox's huge base of over 71 million daily active users to a wider range of brands.
A More Tailored Approach for Advertisers
The integration will enable advertisers to leverage real-time bidding to target users aged 13 and older, ensuring a more tailored and effective approach to their advertising campaigns.
Stephanie Latham, VP of global partnerships at Roblox, emphasized the significance of this partnership, stating that it "unlocks the opportunity for more advertisers to seamlessly engage this community through preferred content formats, like video, while providing advertiser controls around brand suitability."
"The ad experience we offer on the platform is built to be immersive instead of disruptive, and true to the Roblox experience that our community of creators, users, and brands know and love," she added.
We are excited to announce our partnership with @Roblox, unlocking scaled access to their audience for advertisers along with premium brand demand for the platform. Learn more: https://t.co/aSlIg2CHzTpic.twitter.com/Wf4fdH1Piw
— PubMatic (@PubMatic) April 10, 2024
PubMatic echoed similar sentiments, highlighting the partnership's potential to provide scaled access to "premium brand advertising demand" by delivering an advertising solution that balances user experience against monetization.
"We look forward to empowering Roblox to maintain full control over its advertising ecosystem while enabling advertisers to reach their target audiences effectively," Kile Dozeman, PubMatic's chief revenue officer, shared.
Since November, the gaming giant has been actively testing its video ad platform, recognizing its potential to enhance developer earnings and offer advertisers greater value per impression.
Roblox's efforts to diversify its revenue streams are evident through partnerships with renowned brands such as Adidas, Nike and Lamborghini.
Editing by Katherine 'Makkie' Maclang
