According to an ANA (Association of
National Advertisers survey), “programmatic” was voted the word of the
year. The result is not all that surprising, and perhaps more interesting are the reasons voters gave for voting for “programmatic.”
In the ANA’s release announcing the results, a handful of quotes were provided “from some members who voted for programmatic as the ANA 2014 marketing word of the
year.” Some were hot takes, some had merit and several rehashed tired complaints.
Let’s break down some of those quotes:
- “This is the year that we woke up
to the potential of programmatic, and it became the biggest buzzword in the industry.”
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2013 was probably the year the industry “woke up” to the potential of
programmatic, with potential being the key word. However, it seems fair to say that 2014 is when it became the biggest buzzword in the industry -- it did just win “marketing word of the
year” after all.
- “It is everywhere and will eventually be the only way media gets bought until the next big advance.”
It is everywhere,
but it’s hyperbolic to say it’ll be the only way media gets bought. It’s more apt to say that technology will become a bigger part of every media deal -- from direct deals to
the fully automated.
Also, if you find out what that "next big advance" is before it’s big, let me know.
- “It has been the focus of every meeting and every
conference I have attended, even the ones it wasn’t the focus of.”
This quote does a great job of summing up why “programmatic” is the word of the
year. The quote is funny because it’s true and also representative of the fact that ad technology has seeped into all corners of the ad market.
- “It is the least
understood but most used word in marketing. Nobody can define it but everyone wants it.”
Gather round for Hot Takes 101!
- "Programmatic was one
of the most used words in marketing this year, as marketers sought out more efficient and effective ways to purchase digital media.”
Whoever said that
definitely works in ad tech.
- “Everyone is talking about it, trying to see how to measure it, implement and/or define it. But few
people get it or do it.”
Actually, the vast majority of advertisers and brands are using programmatic.
- “This is an unstoppable
sea change for all media, including TV. I predict that, in short order, 80 percent of all media -- not just digital media -- will be traded programmatically.”
“In short
order” is an ambiguous timeframe, but programmatic is projected to
account for nearly two-thirds of display ad spend by 2016. It’s not unreasonable to predict that programmatic will account for the majority of all media trades in the “near
future.”
- “Programmatic has as many positive connotations as it does negative ones. It is clearly the future of strategic and media planning, but there’s still a
lot of uncertainty in what the present and future holds.”
This is one of the best quotes of the bunch. “Programmatic” is simultaneously associated with
efficiency, accuracy and speed as well as fraud, sub-par inventory and complication.