Why More Brands Are Buying Digital Ads In-House
It's been predicted for years, and now it's happening: Major brands are turning away from agencies and building in-house advertising teams. Even Apple is now getting in on the in-house action. And don't think programmatic buying is being left out. The Wall Street Journal recently devoted a full article to the rise of programmatic buying in-house. The article highlighted the growing concerns brands have about transparency at agencies. But if transparency is a big part of the story, it's not the full story. When I talk to brand marketers about the pros and cons of taking programmatic buying in-house, this ...» 6 Comments
Desperately Seeking Susan -- And Programmatic Validation
In the mid-'80s, Madonna was on top of the world musically, but wanted "desperately" to be validated as an actress. Programmatic advertising is on top of the digital media landscape for direct response now with more than 200% growth, but "desperately" wants to be recognized for premium or brand advertising. Many of the top thought leaders and digital media CEOs believe brand ad dollars are not going to continue non-linear growth until premium programmatic is validated. The following four areas need to be addressed to validate premium programmatic in the marketplace:» 0 Comments
Evolution For Programmatic: Time To Cut Waste
With programmatic gaining massive traction, industry participants are justifiably taking a hard look at whether it is delivering on its significant promise. Recent commentary has attempted to call into question the very efficiency of the process. Admittedly, there are issues, and while we can fix them, we have to first agree that it's time, and that we're willing to act. One issue in particular is critical: waste. In this context, that means the impressions marketers pay for that will never accomplish their objectives. When we eliminate waste, we allow marketers to focus on exciting aspects of programmatic media buying such ...» 4 Comments
Three Choices For Implementing Transparency
Brands can no longer enter into digital agreements that lack visibility into how much of their money goes toward working media that accomplishes their goals. I have written before that advertisers need to be proactive in pushing for transparency in programmatic buying. When advertisers start digging into transparency with their digital teams, they may not like the answers they get. Fortunately, those unsatisfied with the status quo and looking to take matters into their own hands have options.» 0 Comments
Programmatic Mobile Video: Floor Wax or Dessert Topping? It's Both!
In the classic "Saturday Night Live" skit "Shimmer Floor Wax," Chevy Chase stars as the ad man describing a product that can be used as floor wax or a dessert topping. Brand dollars are now coming online in a programmatic fashion through digital video advertising. Kellogg's mentioned getting serious back in 2011 and is now looking to programmatic mobile video (PMV) as its branding strategy. American Express mentioned wanting to spend close to 100% of its online budget on programmatic. Proctor & Gamble projects spending 70% to 75% of its U.S. digital media budget via programmatic by the end of ...» 0 Comments
Untangling The Many Definitions of Ad 'Transparency'
"Transparency" is often touted in the digital advertising industry as a means of differentiation, designed to attract business in a very competitive market. The word has entered the ad-tech lexicon to assuage any fears advertisers have when considering adding RTB to their media plans, but what does "transparency" really mean to advertisers?» 1 Comments
Hyper-local Data: Programmatic Game-Changer, And Not Just For Mobile
Hyper-local data is now available via programmatic media buying, and the implications are huge. Hyper-local targeting mainly uses a consumer's latitudinal and longitudinal coordinates (abbreviated as lat/long) to deliver a targeted ad, We've been doing this since Columbus sailed the ocean blue in 1492. It's flown under the radar with the ease of cookie data collection, but location-based targeting is coming back with innovative opportunities.» 2 Comments
CMOs Who Awaken To Big Data's Power Think Inside
The Big Data (Internet) of Things movement can help clarify the measurement to help everyone make money and build programmatic for brand building and buying. Measurement needs to keep up with the needs of the cross-platform world and programmatic needs to advance with big data beyond bidding based on price, publisher-perceived quality and viewablity. CEOs, CMOs and product managers used to call in the researchers and data scientists only when the product or the marketing did not seem to be working. Now, the Chief Data Officer (CDO) is acting like a "data science" poet.» 0 Comments
Is Programmatic Ad Tech Becoming Too Powerful for Marketers?
Just scanning language on the technology pages of leading programmatic vendors' sites such as Rubicon Project, Rocket Fuel or DataXu can provide us a clue. They proudly report statements along the lines of: "we utilize more than 50,000 algorithms in fractions of a second," or "our progressive optimization engine processes 6.4 billion impressions daily." That sounds like pretty impressive horsepower. But exactly what does this mean for brands marketers? Do they really need this much power on the back-end to make effective ad buys? And how does one continually harness the full scope of constantly advancing technology?» 3 Comments
It's Time For Marketers To Adopt A Programmatic Mindset
A few months back, the IAB and Winterberry Group made a splash when it released a report stating (among other things) that 85% of advertisers use programmatic strategies. By this light, one could assume that programmatic has reached prime time, with brands using it close to its full potential. Not so fast. Every day we work with marketers to launch their programmatic campaigns, and our experiences tell another story. Though programmatic clearly provides tangible insights, too many marketers are settling for mere reporting of campaign data. The two are hardly the same animals.» 0 Comments
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