Ratko Vidakovic

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Qualifications

I currently operate AdProfs, an ad tech consultancy that I founded in 2016. My objective was to share my deep understanding of the advertising technology ecosystem in various forms. AdProfs provides a wide range of services, including advisory, research, education, and analysis for ad tech companies, publishers, brands, investors, and many other groups.

Since 2017, I have published a weekly newsletter entitled This Week in Ad Tech, a summary of ad tech industry developments, along with my analysis and insights. The newsletter is read by over 12,000 industry professionals around the world, including many executives, at ad tech companies, media agencies, brands, publishers, investment firms, law firms, academia, and so on.

I have over 20 years of experience in the digital media industry and have held founder and senior management roles across many different segments of the industry. During my work experience, I have become intimately familiar with the various digital media value chain participants.

I started my digital media and marketing journey as a publisher, co-founding ToyotaNation.com and growing it into the Internet's largest Toyota-enthusiast community with hundreds of thousands of users worldwide. I subsequently sold that business. I then spent several years as a performance-marketing media buyer, managing hundreds of media campaigns across a variety of digital channels. This period gave me experience and perspective as both a media buyer and seller.

After that, I joined SiteScout, a demand-side platform (DSP) and ad server company, as part of the founding team. At SiteScout, I managed the marketing function and helped grow the DSP business to over 60,000 users and 8-figure revenue. Less than three years later, SiteScout was acquired by Centro, a media agency based in Chicago with 32 offices across the US.

At Centro, which has since been renamed to Basis Technologies, I held leadership roles in both product management and product marketing. I was responsible for all aspects of product strategy, including the launch of Centro DSP, which marked a customer segment shift from SMB advertisers to mid-market agencies and brands. In the year following the DSP launch, media spend grew by 38% year over year.

I have spent over a decade taking ad tech products from ideation to successful commercialization, publishing 160+ industry newsletters and dozens of in-depth articles, and receiving dozens of academic citations and industry media quotations along the way. I am a recognized expert and thought leader in the advertising technology industry. I have also testified as an expert by deposition.

Curriculum Vitae

Experience

Founder, Author and Principal at AdProfs

March 2016 - Present

  • I started AdProfs to share my deep understanding of the advertising technology ecosystem in various forms.
  • Clients have included tech companies, trade groups, publishers, governments, law firms, and investors.
  • Helped companies develop new products, wrote strategy and product requirement documents, defined roadmaps, and assisted commercialization.
  • Developed and delivered training and education programs on programmatic advertising (RTB), header bidding, ad fraud, industry trends and opportunities.
  • Served as an expert consultant for top law firms and governments to provide training on how the ad tech ecosystem works and the competitive landscape.
  • Conducted due diligence of various ad tech businesses on behalf of institutional investors (e.g. private equity) and provided investment opinions.
  • Started a weekly newsletter—This Week In Ad Tech—summarizing and analyzing key industry developments. Read by over 12,000 industry professionals.

Chair, Technical Advisory Committee at Association of Canadian Advertisers

January 2020 - 2021

  • The ACA Technical Advisory Committee is an invite-only forum of senior partners who are experts in the digital marketing space.
  • The objective was to provide neutral insight and guidance to ACA and its members.

Vice President, Product Marketing - Programmatic at Basis Technologies

January 2015 - March 2016

  • Orchestrated the go-to-market launch of Centro DSP. Cooperated with cross-functional stakeholders across the company, including sales, marketing, business development, product management, engineering, legal, customer success, and close collaboration with the executive leadership team.
  • Responsible for defining the commercialization strategy, competitive analysis, thought leadership, internal training, supporting customer communications, contributing to the product roadmap, and sales enablement.

Vice President, Product and Marketing at Basis Technologies

May 2014 - December 2014

  • After releasing our updated DSP, I led a cross-functional team of product managers, product marketers, and designers. Defined the vision and strategy, maintained the product roadmap, and led associated marketing activities.
  • Implemented KISSmetrics for our product analytics to enable experimentation and to measure the revenue contribution of different features and user cohorts.
  • Interviewed target users to uncover pain points and guide product prioritization. Used survey results to inform product strategy and communications.

Senior Director, Product - Programmatic at Basis Technologies

November 2013 - April 2014

  • Immediately after we were acquired, my responsibility was to complete the redesign and launch of the second generation of our flagship advertising platform (DSP) for mid-market agencies, which included adding numerous new features to achieve functional parity with the competitive landscape.
  • Worked with cross-functional stakeholders to create our short-term roadmap.
  • Developed wireframes of the new product with our design team to produce high-fidelity guidance for our front-end engineering team.
  • In collaboration with the engineering team, we coordinated the transition of users from our old UI to the new UI over a six-month period.

Director of Marketing, Founding Team at SiteScout

April 2011 - November 2013

  • SiteScout was a demand-side platform (DSP) and ad server company.
  • As an instrumental member of the SiteScout founding team, my initial focus was on marketing strategy and driving customer growth.
  • My stewardship of the marketing function helped grow the DSP business to over 60,000 advertisers (users) and 8-figure revenue.
  • Responsibilities spanned a diverse range of specialized disciplines, from the highly creative to the highly analytical: B2B marketing strategy, design and copywriting, public relations and communications, community outreach and social media management, content creation, customer development and support, analytics and optimization, and paid advertising and lead generation.
  • SiteScout was acquired by Centro (now Basis Technologies), a media agency based in Chicago with 32 offices across the US.
  • Prior to the acquisition, my responsibilities expanded into product management, leading our redesign.

Digital Marketing Consultant at Vidakovic Group

March 2004 - March 2011

  • Vidakovic Group was a performance-focused digital marketing consultancy.
  • Worked several years as a performance-based media buyer, planning and executing hundreds of ad campaigns across various digital channels for brands such as eBay, Amazon, Groupon, and Netflix.
  • Also managed online lead-generation campaigns for local service businesses.

Co-Founder at ToyotaNation.com

July 2001 - January 2006

  • My digital media career began as a publisher, co-founding ToyotaNation.com and growing it into the Internet's largest Toyota enthusiast community with hundreds of thousands of users worldwide.
  • Responsibilities included: web design and development, community management, IT systems administration, search engine optimization (SEO), ad sales and merchandising, strategic partnerships, and event management.
  • Acquired in 2006 by publisher group VerticalScope.

Industry Writing

AdProfs Guides

Guides that I have published on the AdProfs website:

MarTech Articles

Articles I wrote that have been published on MarTech.org (formerly Marketing Land):

Guest Articles

Articles I wrote that have been published on various websites:

  • Ad Tech Abandoned The SMB Market [AdExchanger] – Jun 21, 2018
  • The Agencies, Neutrality, and Data Ownership [Association of Canadian Advertisers] – Aug 16, 2018
  • Ad-Tech Expert's Advice to Local News Publishers: Pivot to Digital Subscriptions [StreetFight] – Aug 17, 2017
  • Hyperlocal Essentials For The Programmatic Mobile Advertiser [MediaPost] – Apr 21, 2015
  • Real-Time Bidding Ushers in the Era of Lean Marketing for Display Advertising [MarketingProfs] – Mar 23, 2013
  • Can Small Businesses Benefit From Online Display Advertising? [FOX Business] – Mar 23, 2013
  • Why You Need Post-Impression Tracking (and Why It's Not Perfect) [AdMonsters] – Feb 5, 2013

Podcast Interviews

Podcasts episodes in which I am interviewed:

  • Ep. 50: Ratko Vidakovic (AdProfs) [Blood, Sweat, and CPMs] – Dec 28, 2023
  • Ratko Vidakovic (AdProfs) [Slice of Ad Tech] – Sep 26, 2023
  • Discerning Fact from Fiction in AdTech (with Ratko Vidakovic) [Basis] – May 30, 2023
  • The Ad Prof himself, Ratko Vidakovic, drops knowledge. [Marketecture] – Apr 14, 2023
  • Netflix, Disney+, and Trade Desk—How Streaming Could Upend Advertising [Barron's Streetwise] – Sep 16, 2022
  • Ratko Vidakovic – the SiteScout becomes an AdProf [Paleo Ad Tech] – Jun 28, 2021

Academic Citations

Academic papers and patents in which I am cited:

  • Addax: A fast, private, and accountable ad exchange infrastructure [University of Pennsylvania] – Apr 17, 2023
  • Ads and Fraud: A Comprehensive Survey of Fraud in Online Advertising [Journal of Cybersecurity and Privacy] – Dec 16, 2021
  • Why Google Dominates Advertising Markets - Competition Policy Should Lean on the Principles of Financial Market Regulation [Stanford] – 2020
  • Programmatic buying and the effectiveness of online advertising in Poland [University of Lodz] – 2020
  • Launch a retargeting campaign for Ase ja Erä [Turku University of Applied Sciences] – 2020
  • Ordering of fill requests to send to online ad networks to fill an ad unit in an electronic publisher application with an online advertising impression [Google Patents] – Dec 21, 2020
  • Google as a de facto privacy regulator: Analyzing Chrome's removal of third-party cookies from an antitrust perspective [Tilburg University] – Nov 25, 2020
  • Marketing professionals' views on online advertising fraud [ResearchGate] – Apr 15, 2020
  • No More Chasing Waterfalls: A Measurement Study of the Header Bidding Ad-Ecosystem [ACM] – Jul 24, 2019
  • The Economics of Network Effects and User Data in the Provision of Search, Search Advertising, and Display Ad Intermediation [ACCC] – May 15, 2019
  • Complements and/or Substitutes? The Competitive Dynamics Between News Publishers and Digital Platforms and What It Means for Competition Policy [SSRN] – Mar 13, 2019
  • Origin, Present and Challenge: Application of Blockchain in the Advertising Industry [ResearchGate] – Feb 28, 2019
  • An EU Competition law Analysis of Online Display Advertising in the Programmatic Age [European Competition Journal] – Feb 4, 2019
  • Online advertising in the UK [GOV.UK] – Jan 2019
  • Practical Algorithms for Managing Uncertain Demand in ComplexSystems [Duke] – 2019
  • Origin, Present and Challenge: Application of Blockchain in the Advertising Industry [Hans] – 2019
  • Blockchain and the media supply chain: the application of the blockchain protocol to the world of digital advertising [Luiss] - 2019
  • Efficient Large-Scale Internet Media Selection Optimization for Online Display Advertising [Journal of Marketing Research] – Aug 1, 2018
  • Optimization of a SSP's Header Bidding Strategy using Thompson Sampling [ACM] – Jul 19, 2018
  • Exploring ADINT: Using Ad Targeting for Surveillance on a Budget [University of Washington] – Oct 30, 2017
  • Digital Marketing: From Online Advertising To Programmatic Advertising [Universidad de Leon] – July 2017
  • Perception of current trends in online advertising focusing on retargeting [Charles University] – Feb 7, 2017
  • Programmatic Advertising: A Quantitative Study of Consumer Attitudes Towards Highly Frequent Online Ads [Halmstad University] – Jun 6, 2017
  • Allocation and Pricing of Substitutable Goods: Theory and Algorithm [University of Minnesota] – Jan 10, 2017
  • Surveillance: From Solutions to New Problems [University of Washington] – 2017
  • Ad bidding based on a buyer-defined function [Google Patents] – Oct 14, 2016
  • Hyper local listing algorithm for user vicinity based points of interest [IEEE] – Sep 19, 2016
  • The Theory of Abuse in Google Search: A Positive and Normative Assessment Under EU Competition Law [University of Leeds] – July 19, 2016
  • Digital Mobility Platforms and Ecosystems: State of the Art Report [Technical University of Munich] – Jul 2016
  • Digital Marketing in an Analog World [HeinOnline] – 2016
  • Mobile Strategy [Springer] – Nov 25, 2015
  • Multi-Stage Intermediation in Display Advertising [SSRN] – Sep 18, 2015
  • Multi-channel attribution and its role in marketing investment [Ingenta Connect] – Sep 1, 2015
  • Data Driven Advertising - Comparison of the advertising effectiveness of different targeting technologies [Hamburg University of Applied Sciences] – Aug 2014

Media Quotations

Industry articles and media in which I am quoted:

  • 3 Ways the Murky Programmatic Industry Made Strides Toward Progress in 2023 [Adweek] – Dec 29, 2023
  • Google's Search Partner network comes under fire in research underlining brand safety vulnerabilities [Digiday] – Nov 28, 2023
  • Why a Mike Johnson campaign ad is running on an Iranian website [Politico] – Nov 28, 2023
  • Publisher Ad Monetization 2023 [Insider Intelligence] – Jul 25, 2023
  • A Billboard for the Living Room? How Telly Wants Advertisers to Pay for Your TV Set [The Wall Street Journal] – Jul 19, 2023
  • How SPO is driving ad tech's decarbonization push [Digiday] – Apr 25, 2023
  • Apple's Safari Quietly Made It Harder for Sites to Work With Third Parties Like Google Analytics [Adweek] – Apr 19, 2023
  • SSPs break with the past as push comes to shove in ad tech [Digiday] – Apr 12, 2023
  • In a shrinking marketplace, Magnite explores media trading without DSPs [Digiday] – Apr 3, 2023
  • TelevisaUnivision's Post-Cookie Targeting Shows Promise for Seller-Defined Audiences [Adweek] – Mar 8, 2023
  • The curation of programmatic marketplaces gathers pace across advertising – except with advertisers [Digiday] – Jan 19, 2023
  • The Trade Desk attempts to woo advertisers at CES with 'Galileo' — a bid to chart the 'Open Internet' without cookies [Digiday] – Jan 5, 2023
  • Google and Meta's Advertising Dominance Fades as TikTok, Netflix Emerge [The Wall Street Journal] – Jan 4, 2023
  • Apple Keeps Denting Facebook's Core Ad Business [Insider] – Oct 27, 2022
  • Publisher Ad Monetization 2022 [Insider Intelligence] – Jul 22, 2022
  • On the French Riviera, ad tech braces for a correction [Digiday] – Jun 24, 2022
  • Reflections on the quarter with Zeta CEO David Steinberg [Digiday] – Jun 10, 2022
  • Parakeet vs. Fledge in the Battle for Post-Cookie Ads [Adweek] – Apr 28, 2022
  • Omnicom's Laura Collins on Delivery App Ads, Quartz's Paywall Removal, and Data Ownership [ExchangeWire] – Apr 22, 2022
  • Billionaire Ad-Tech CEO Gets $830 Million in Pay to Fight Google [Bloomberg] – Apr 19, 2022
  • With the future of third-party addressability on the open web hanging in the balance, the ad industry divides in two [Digiday] – Feb 21, 2022
  • Yahoo Introduces Its Cookieless ID, Next-Gen Solutions, for the Open Web [Adweek] – Feb 17, 2022
  • Microsoft's ad revenue hit $10B, and it's investing — is it a sleeping giant about to wake? [Digiday] – Jan 27, 2022
  • Google proposes a new way to track people around the Web. Again. [The Washington Post] – Jan 25, 2022
  • MediaMath is exploring a sale, Magnite and PE are among potential acquirers [Digiday] – Dec 14, 2021
  • Ad tech's revival: boom or bubble? [Digiday] – Jul 19, 2021
  • 'The backplane for advertising': Amazon plots big step up for APS [Digiday] – Jul 6, 2021
  • Google is totally changing how ads track people around the Internet. Here's what you need to know. [The Washington Post] – Jun 24, 2021
  • 'We're not investing right now': Publishers skeptical as ID tech comes knocking [Digiday] – May 20, 2021
  • How Ad Tech Wound Up Monetizing Sanctioned Russian Websites [Adweek] – May 17, 2021
  • 'Nothing makes sense anymore': What's driving ad tech's latest consolidation wave [Digiday] – Feb 23, 2021
  • Ad Tech Is Primed for Its Own Roaring '20s [Adweek] – Jan 18, 2021
  • 'Apple and Google Broke the Ecosystem' of Programmatic Advertising [Adweek] – Dec 23, 2020
  • Why that ad for butt-flap pajamas is following you all over the internet [CNBC] – Dec 21, 2020
  • Privacy Prophecies from PubForum+ [AdMonsters] – Dec 10, 2020
  • Ad-Tech Deals Are Flowing Again as Experian Buys Tapad for $280 Million [Adweek] – Nov 20, 2020
  • How an advertising minnow outgrew the big beasts [Financial Times] – Oct 11, 2020
  • Facebook Says Apple's New iPhone Update Will Disrupt Online Advertising [The Wall Street Journal] – Aug 26, 2020
  • Will Taboola-Outbrain Merger Hold up to Global Scrutiny? [Adweek] – Jul 23, 2020
  • Ad tech is in denial about Apple's new app privacy rule [Digiday] – Jul 14, 2020
  • US Antitrust Regulators Are Poised for Google Crackdown [Adweek] – May 18, 2020
  • DSPs are cracking down on bid duplication [Digiday] – May 12, 2020
  • How COVID-19 has impacted the adtech industry [Lexology] – Apr 29, 2020
  • How Amazon goes hunting for branding budgets [JDN] – Apr 29, 2020
  • Publishers continue to see coronavirus coverage blocked by advertisers [Digiday] – Apr 24, 2020
  • Ad-Tech Firms Seek Financial Relief (and to Save the Cookie) [Adweek] – Apr 1, 2020
  • Publishers May Lower Their Standards on Ad Quality in Search of Revenue [Adweek] – Mar 30, 2020
  • Apple's Cookie-Blocking Update Causes Publishers More Pain [Adweek] – Mar 25, 2020
  • Adtech M&A 2020: Walmart, The Trade Desk could be acquirers [Insider] – Mar 16, 2020
  • Why the GDPR investigation into Criteo could be a 'line in the sand' for ad tech [Digiday] – Mar 11, 2020
  • 7 digital advertising companies that could be bought in 2020 [Insider] – Mar 4, 2020
  • 'Cookie apocalypse' forces profound changes in online advertising [Financial Times] – Feb 26, 2020
  • Mobile Device IDs Will Be The Next Ad Tracker To Bite The Dust [AdExchanger] – Feb 10, 2020
  • What Investors Learned From the First Peek Inside YouTube's Financials [The Wall Street Journal] – Feb 4, 2020
  • Beyond ad targeting, the demise of the third-party cookie will hit key digital media functions [Digiday] – Jan 29, 2020
  • What's In Google's Privacy Sandbox? Nothing, For Now [AdExchanger] – Jan 15, 2020
  • Tremor International to Buy Video Ad Platform Unruly from News Corp [Adweek] – Jan 6, 2020
  • 2019: The Year of Ad-Tech Darwinism [Adweek] – Dec 20, 2019
  • Google Will Limit Cross-Site Tracking In Chrome By Default Starting In February [AdExchanger] – Dec 12, 2019
  • How brands get your phone number and call after they see you on their website [CNBC] – Nov 7, 2019
  • How Can Viant Differentiate in a Commoditized Ad-Tech Market? [Adweek] – Nov 4, 2019
  • Big Tech Is Implementing More Privacy Measures Thanks to Public Scrutiny and a Changing Market [Adweek] – Oct 21, 2019
  • Netflix and HBO shows are getting pirated on TeaTV and other sites [CNBC] – Oct 20, 2019
  • Can Contextual Targeting Replace Third-Party Cookies? [AdExchanger] – Oct 15, 2019
  • The great unbundling: Why some high-priced strategic ad tech deals could unravel [Digiday] – Oct 10, 2019
  • LiveRamp is buying Data Plus Math for $150 million [Insider] – Jun 24, 2019
  • Altice Appears Primed to Offload Teads [Adweek] – Jun 19, 2019
  • Google's Ad Dominance Explained in Three Charts [The Wall Street Journal] – Jun 17, 2019
  • Amazon buys part of ad tech company Sizmek [CNBC] – May 31, 2019
  • Google Prepares to Launch New Privacy Tools to Limit Cookies [The Wall Street Journal] – May 6, 2019
  • Government Regulation Is Chief Threat to Marketers' Data-Driven Initiatives [eMarketer] – Apr 7, 2019
  • What Would Google Chrome's Version of ITP Look Like? [AdExchanger] – Mar 29, 2019
  • Google's Latest Ad-Tech Changes and the Likely Future Impact [Adweek] – Mar 14, 2019
  • Winners and losers of Google's move to unified first-price auctions [Digiday] – Mar 12, 2019
  • A Look Inside the 2019 Ad-Tech Outlook [Adweek] – Mar 1, 2019
  • Why Do Advertisers Keep Spending More and More With the Walled Gardens? [Adweek] – Feb 15, 2019
  • Adtech Won't Fix Ad Fraud Because It Is Too Lucrative, Say Specialists [Which-50] – Jun 18, 2018
  • 'Ads.txt': How a Little Bit of Code Is Putting a Big Dent in Ad Fraud [Street Fight] – Mar 29, 2018
  • Ignore The Hype, But Don't Ignore Blockchain And AI [Association of Canadian Advertisers] – Mar 15, 2018
  • Privacy activists target the IAB Europe's GDPR approach [Digiday] – Feb 21, 2018
  • The cybercriminal's cash cow and the marketer's machine [The Register] – Jun 29, 2018
  • Few Companies Are Ready for the Upcoming GDPR [eMarketer] – Feb 16, 2018
  • With GDPR looming, DSPs are under pressure to adapt [Digiday] – Jan 19, 2018
  • Ad retargeters scramble to get consumer consent [Digiday] – Jan 10, 2018
  • Ad Tech Spotlight: Cracking the Facebook-Google duopoly [S&P Global Market Intelligence] – Aug 16, 2017
  • Ad fraud continues to cost brands billions [ClickZ] – Jan 20, 2016
  • Has Facebook failed marketers? [MarketWatch] – Oct 28, 2013