February 6, 2024
OpenX Becomes the First SSP to Team Up with Givsly to Automatically Donate Five Percent of Gross Media Spend to Nonprofits of the Buyer’s Choice
Impact PMPs allow advertisers to easily activate deals to support minority-owned publishers and their communities during Black History Month and beyond.
PASADENA, Calif., Feb. 6, 2024 – OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, today announced the launch of Impact PMPs, turnkey deals that integrate donations to nonprofits at no additional cost to the brand. Powered by Givsly, the leading purpose-driven marketing solution, OpenX’s Impact PMPs allow advertisers to easily activate deals while supporting charitable causes of their choice.
As the importance of social responsibility for brands continues to rise, 90 percent of consumers report that values are important when choosing a brand, and 81 percent of millennials expect companies they purchase from to make charitable contributions.
Through OpenX’s partnership with Givsly, deals activated through an Impact PMP will automatically include a five-percent donation of gross media spend to associated nonprofits of the buyer’s choice. Buyers can select pre-built deals timed to moments such as Black History Month or traditional advertising events that are less commonly associated with charitable causes, such as Sunday’s big game.
How it works:
- Simple execution: Target pre-built audiences with relevance around different interests, events, behavior, and more.
- Greater control: Select from pre-built auction packages from the library or activate custom IDs and automatically donate to one or more of 400 directly integrated nonprofits.
- Higher quality inventory: Execute these pre-built packages on TAG-certified, premium, omnichannel inventory across publishers.
- Elevated social impact: Give back to people and planet with no additional investment.
- Meaningful measurement: Track not only campaign results but also the specific impact to the community.
“We have partnered with Givsly on several of their Responsible Media solutions and have seen promising signs that these solutions increase campaign performance without disrupting our current way of doing business,” said Ed McElvain, EVP, P3 at Mediahub. “This latest announcement of the Impact PMPs with OpenX only amplifies our ability to make sure we are positively impacting our media buying while also reinforcing values that are important to our clients.”
In addition to the Impact PMPs, Givsly offers creative formats that incorporate a donation when people take certain actions to engage with advertising. Creative adjustments can be made to the Impact PMPs to drive higher performance in campaigns, with such creative achieving double the click-through rate, an 18 percent higher video completion rate, and a nine percent increase in CTV engagement.
“Across the business, OpenX is invested in delivering outcome-based solutions. When it comes to media responsibility, too much of what we see in tech and media is virtue signaling, and provides little monetary support to important issues.” said Amanda Forrester, VP, Marketing at OpenX. “Programs like OpenX’s Impact PMPs will allow advertisers to direct funds toward organizations that support minority publishers, women, LGBTQ communities, and underrepresented communities — in an effort to make a real change.”
OpenX is a supply-side platform that is a leader in advertising technology, and is helping to create a world where the open web thrives. The company powers advertising on web, mobile, and connected TV formats, enabling marketers to reach their target audience across OpenX’s global network of publishers. OpenX works with more than 130,000 premium publisher domains and receives more than 300 billion ad requests every day. OpenX is a certified CarbonNeutral® company and is verified for having fulfilled their SBTi Net-Zero targets. Visit the company’s website at www.openx.com.
Givsly is the leading responsible marketing and advertising solution that increases business results while achieving a company’s commitment to responsible goals such as sustainability, supporting minority-owned businesses, and more. Through Givsly’s Responsible Platform and Experiences, we provide turnkey solutions that impact your bottom line and communities in need. Over the last 5 years, Givsly has worked with hundreds of companies to generate business results while driving almost 2 million dollars to over 400 nonprofits. The software was recognized in Fast Company’s World Changing Ideas Awards 2021.