Ad Viewability – a boon or bane for advertisers?

According to a recent comScore study, 54% of online display ads weren’t seen by anyone, owing to various factors including technical glitches, user habits, and even fraud. For advertisers, that’s a lot of money down the drain. And rightly so, I mean after all we are talking about hard marketing dollars. Some conventional media people might argue that 100% ad viewability is a myth, and honestly, they are not wrong but the advertiser also has a strong point when they ask for maximising the viewable impressions in any campaign.
Let’s open this discussion a bit further. 
Terms like ad viewability brings a set of common problems along with it, most common is what we call in digital as Measurability (or “obsessive measurability”). It is true that digital has given the power & tools to measure each & every nano second of any marketing campaign but at the expense of confusing & cluttering the environment around us. More detailed & in-depth the metric goes, more the number of definitions for the same metric that you would see. Each publisher would come up with their own “convenient” definition of same metric in their reporting.
For any advertiser, finding the correct industry benchmark is always a challenge. For instance, something which is as debatable as Video Completion rate would become a hurdle for agencies & publishers in driving stronger revenue volume / advertiser in the coming years.
Even if the overall mobile & display revenues are seeing a major upswing worldwide, It would be hard to imagine that advertiser would surrender their stand on the key reporting metrics when it comes to Mobile Display or Mobile Video. 
Most importantly, in order to make the client ecosystem more responsive towards new age advertising, agencies & vendors have to sit together along with the bodies like IAB (Interactive Advertising Bureau) & arrive at common marketing friendly reporting metrics without which it would extremely difficult to win the trust of the advertiser.

To understand this further, watch the below video by Integral Ad Science:

A few months back, the Interactive Advertising Bureau (IAB) and the Media Rating Council issued the first viewability standards for online ads. A video ad is viewable if half its pixels appear on the viewer’s screen for two continuous seconds, the standard says.

While that standard seems awfully low, the IAB says that 100 percent viewability isn’t possible at this time. The best that ad buyers should hope for is 70 percent. Good news: Only 30 percent of your paid ads won’t be seen—for the time-being, anyway

The IAB has just released a position paper on viewability calling 2015 a year of transition. Full viewability isn’t currently feasible, the paper says, but we’re getting there. Problems such as different ad units, browsers, ad placements, vendors, and measurement systems prevent 100 percent viewability, but the industry can solve those issues by working together, it says.

You can read the complete article on IAB guidelines for ad viewability here