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AdMob is completely free to use with no hidden costs.
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Real-time bidding allows all participating ad networks to bid simultaneously on each impression, ensuring the highest bid wins instantly. Traditional waterfall mediation, conversely, calls ad networks sequentially based on historical eCPM, which can lead to missed revenue opportunities if a lower-ranked network would have paid more for a specific impression.
No, an app update is not required to enable or configure real-time bidding within AdMob. This allows developers to activate the feature without needing to resubmit their app to app stores.
AdMob's real-time bidding provides access to an extensive list of premium bidding partners. These partners are advertising sources that compete in the real-time auction to purchase ad impressions within your mobile application.
AdMob hosts a fair and real-time auction by allowing all participating advertising sources to compete simultaneously for every ad impression. This competitive environment ensures that the impression is always sold to the highest bidder, maximizing the value for the app developer.
Yes, real-time bidding is designed to integrate seamlessly with your existing AdMob setup. It enhances your monetization strategy by optimizing the value of each impression through a competitive auction, complementing other ad formats and strategies you may be employing.
Source: admob.google.com