Advertising Technology

Private markets and the future of viewability metrics

Some are already hailing private marketplaces as the “future of programmatic,” while others are lamenting their growing pains. There are “big changes” coming in the world of ad fraud. This viewability stuff needs to get sorted out, because there are some killer metrics waiting.

Here are a few highlights from some of the industry news we came across this week.

  • The Private Future Of Programmatic (MediaPost) – Programmatic advertising is continuing to scoop big-time dollars across an ever-growing landscape, and those dollars are expected to nearly double in the next five years. Private exchanges are being called the future of programmatic strategy. This is because that type of buying more directly resembles the the direct buys of old. You know, the ones advertisers are used to and more comfortable with. But, that being said …
  • Behind The Velvet Rope: Private Marketplaces Suffer Growing Pains (AdExchanger) – Private marketplaces have yet to live up to their potential as a programmatic access-point to premium inventory, and are being held back by under-developed technology. However, growth (and maturation) is expected as interest is there on both the buy and sell sides. Even so, there are still quite a few hurdles that private marketplaces must clear before they're the go-to solution for anyone.
  • It's About to Get Harder to Claim Ignorance on Ad Fraud (AdAge) – IAB's EVP Mike Zaneis admits that it's likely that publishers are neither “knowingly” buying or selling fraudulent traffic, but that the shoulder-shrugging will no longer be tolerated and the “everyone else is doing it” excuse just isn't going to cut it anymore. “Big changes are coming,” he says.
  • Navigating brand safety and ad fraud threats in the programmatic landscape (iMedia Connection) – AnyClip Media CTO Alex Liverant writes about how transparency should be the target of the ad tech industry. Viewable impressions and limiting ad fraud need to be the key pieces of the industry's foundation: “Viewable ads, targeted to engaged consumers, should be the basis of this industry and its future.”
  • It's Time To Move Beyond Viewability: Better Metrics Await (AdExchanger) – Much of the discussion surrounding the “viewability” topic centers around setting the standard — how many pixels for how many seconds? — but this article takes a look at what new metrics can be used to to measure the old-school goals of reach and relevance. “The real work is to tie new metrics back to these,” says Grapeshot SVP of Product Marketing Chris Stark (no relation to Tony … probably).

By |October 10th, 2014|Advertising Technology|0 Comments

AdTech Is Alive and Well: I’ll Have the Full Stack, Please

Reading The Information's piece on Facebook's reported re-introduction of the Atlas ad-serving technology , I wondered – Does the market really need six or more full stack adtech solutions? Google is the undisputed leader in the field – it's spent…

By |October 10th, 2014|Advertising Technology|0 Comments

Viewability and growth major parts of ad tech scene right now

Major talking points this week involved the continued uncertainty around the transition to a viewability standard, the absolute certainty around the growth in spending expected across the programmatic landscape, and what publishers are going to have to be ready for to be successful going forward.

  • Outside Voices: Online Ad Viewability Not Ready For Prime-Time (Wall Street Journal) – Meanwhile, Ziff Davis CEO Vivek Shah wants to make sure that the steps to move to viewability aren't taken in haste. Click through to see what Shah sees as standing in the way of the transition to what he calls a “goal which we need to remember is without precedent in the entire media landscape.”
  • Programmatic: A Rising Tide (AdExchanger) – Find out what Rare Crowds' CEO Eric Picard sees as the future of programmatic, and what publishers will need to be prepared for going forward.
  • How Tribune Publishing is evolving its programmatic approach (Digiday) – New CEO Jack Griffin is pushing to increase the publishing company's dependence on digital revenue, and programmatic selling is a major part of that concept. Programmatic is leading to sales changes and even new business relationships for the publicly-traded newspaper company.

By |October 3rd, 2014|Advertising Technology|0 Comments

#GrowthBeat 2014 highlights: Facebook, 7-Eleven, & Eventbrite on 21st century digital marketing

Facebook

Growth hacking your results

Facebook

Facebook may have one billion + users but if you're living in the U.S.A, you're not exactly top of mind. “India is the single, most important country for growth,” said Alex Schultz, VP of Growth, Facebook yesterday at VentureBeat's 2014 GrowthBeat conference.

Facebook hit a wall back in 2007. It was no longer growing its existing user base. Schultz said there were a number of reasons for why that happened, in particular, because the social networking platform was no longer able to ramp up new users, getting them each to find 10 new friends in 14 days, which is considered a significant benchmark for any social networking app.

Alex was part of the original growth team at Facebook. He worked on a number of tasks, including the company's SEO products and optimizing email campaigns. In 2007, Facebook was still only available as an English-only social networking platform. Competitors like MySpace had already made itself available in multiple foreign languages. Facebook immediately set out to concentrate its resources on attracting the non-English speaking audiences.

“There's a very fine line between removing friction and tricking users” – Alex Schultz, Facebook growth market #GrowthBeat

— Dylan Tweney (@dylan20) August 6, 2014

India became ground-zero as Facebook it set out to translate (and continues to translate) the nation's near 800 languages. Hindi is the world's 4th most widely spoken language in the world today. Facebook has worked hard at translating not only Hindi but more than 80 other languages spoken in India. This includes the top three languages spoken, including Hindi, British English, and Indian English. Schultz made it clear that Facebook is no longer focused on squeezing new users out of the United States but instead has tasked itself to make the world more open and connected, which is why the company still has a growth team.

7-Eleven

7-ElevenGood news, Slurpee and Taquito fans! The folks at 7-Eleven have heard you loud and clear…via mobile! Since the convenience food chain transitioned to its mobile app, it has received nearly 14,000 comments in less than a month, which is more than what it typically gets in a whole year with an 800 line, according to Michael Debnar, the leader of 7-Eleven's Innovation Team. “When a company says it's mobile-first and mobile-only, we are mobile first and mobile-only,” said Debnar at GrowthBeat. Debnar also announced that in six month's time, 7-Eleven would be introducing new delivery networks allowing customers to stay in their cars while getting their products.

Backstage at #growthbeat getting ready to chat with 7-11 and @Medallia. Man I need a Big Gulp.

— Ina Fried (@inafried) August 6, 2014

Digital is important, and according to Debnar, the chain has 65% smart phone penetration with 18 to 35 year old males being the targeted demographic. Debnar said 7-Eleven no longer considers itself a traditional company. He even compared 7-Eleven to Uber. “I'm a huge fan of two-sided marketplaces. You have on the one side a bunch of cars, and you have on the other side a bunch of people who need a car, and they are the glue,” said Debnar. 7-Eleven has nearly 8,500 stores in the United States and for Debnar, “the chain can be that glue for a lot of things.”

Technorati @ GrowthBeat 2014

7-Eleven is working on taking a page from various startups. It created an investment channel called 7-Ventures that launched back in 2013. It has invested in customer loyalty startup, Belly, and KeyMe, a digital locksmith startup. “7-Eleven has Amazon lockers in various stores, including KeyMe services. We can become this two-sided marketplace because we have a box that's everywhere and we can connect people who need stuff from these companies and services, “ said Debnar. 7-Eleven is exploring new categories for development and if it can align itself with complimentary disruptive services, it will do so. For Debnar that means investing in more experimental food and beverage startups.

Eventbrite

The Eventbrite team one day made a useful discovery. It realized that users of the app who attend events also organize events. The company is now working to get users who purchase tickets to understand that they too should throw events on Eventbrite, according to Evenbrite's senior director of marketing for user growth, Brian Rothenberg.

Rothenberg told marketers at this year's GrowthBeat 2014 that his company is unique in its approach to growth – combining product and marketing under one umbrella. More than 58 million people have purchased tickets via EventBrite.

Rothenberg said Eventbrite gets more than 20 million unique visitors a month. Working with both his product and user experience teams, he's trying to determine where in the product can the company message that people organizing events can also purchase tickets.

Hey, marketers! Find that one, key growth driver. http://t.co/C7pu668BNI @eventbrite #GrowthBeat #marketing pic.twitter.com/XgWKD14RmG — Engagor (@engagor) August 6, 2014

In directing his analytics teams to review people's usage patterns, Rothenberg made the observation that once a person attends one event, they could very well attend another. “That piece of data helped us use better targeted trigger emails once a person has attended two or more events,” said Rothenberg.

When it comes to strategies that drive engagement, social remains a big player. Eventbrite's social email outreach has 40% open rates, and their click to purchase rate is 5%, which is also impressive for an ecommerce company. Rothenberg didn't abandon more old-fashioned ways of marketing to people. “We're even testing outbound phone calls. When behavior deviates from past behavior, we can still reach out to them.”

Eventbrite will be sure to continue tinkering with its marketing success as it now boasts a 1 billion evaluation. Be on the lookout for that IPO.

Technorati's Travis Wright leading a GrowthBeat panel.

Technorati's Travis Wright leading a GrowthBeat panel.


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By |August 7th, 2014|Advertising Technology|0 Comments

ESRI UC 2014: Notes from the floor [#esriuc2014]

TouchShare_Attack Density vs. IED activity

This ESRI Conference was just amazing, it was very difficult to slow down and look at the vendors closely, so many of them were so interesting, but for you dear reader, no effort is too great, so I took the time to smell the roses and see what the scope of this conference was. I thought since it was a GIS conference, I would clock how much I walked the vendor show in a day. 3.1 miles!

If ESRI could make them cheaply enough, a pedometer would be a cool item to add to the conference bag, but I digress.

There's an unbelievable amount of things you can do with this GIS data. The thing to keep in mind going in, is that this isn't like a static Google Map (although a lot of companies will overlay data on to Google Earth). This is GPS location coordinate data that you can then use to render a map. The military applications were the most fun to check out, although they probably have the least amount of generic use.

One example I saw was from TouchShare, a leader in geospatial collaborative solutions. Their are multiple layers to their software stack.

The first thing you notice is that you can share a screen, so you have these giant touch tables that you can easily navigate and apply lenses to, or draw on, that will remind you of a show like 24. You could, in real time, have a command center going and people out in the field, on a map, where you are feeding data to it, like enemy deployments, and redraw the soldiers incursion map.

The “lenses” allow you to have a layer view that you can drag over an area, say for example a map of IED explosions, if you don't care about the whole map, but a particular area, the lens will just show those IED marks in the area it is active. You can overlay different lenses to intersect datasets in a geographic region, so in the IED example, you could have a Poppy Field lens overlay it (or even just activate both for the entire map), and then look for a high frequency of IED attacks that is geographically close to a Poppy Field under the assumption that terrorists are protecting an income source. It can then pull up biographic data of known terrorists that are known to be in that area.

In a similar vein was in the law enforcement community. I saw an example from Snaptrends that was almost scary. They provide real-time, location-based social intelligence.

Their SaaS software identifies relevant, open/public social media content within a specific geography to enable organizations to more effectively: Prevent, Identify, Respond to and Investigate crimes, threats and emergencies. you can see icons popping up on the map of people sending a Tweet or posting on Facebook (assuming geotagging is enabled), as well as cross reference in the police report data. So for example, suddenly you see a bunch of tweets popping up on a corner, you can click on them and see what they are, could be a bunch of people taking pictures of a fight or something.

That can tie in to the police report data to see what kind of incident is getting reported. You can start to know about events before they get reported, verging on Minority Report style crime divisions. I'm not entirely sure how I feel about that.stmapping

What I found most useful however, was the application within government infrastructure, especially in smaller to medium size cities that typically have smaller budgets and are more cost conscious (the larger ones should be, but don't seem to be). The ability to track and monitor assets and predict maintenance schedules was sweet. You can also interface with your citizenry to report information back to you. For example, if there's a dead animal in the road that needs to be picked up, or you are walking at night and see massive overwatering or a broken sprinkler.

Speaking of watering, with all the various water shortages, especially here in California, we are constantly talking about conservation, but if you look at the waste in landscape watering, you can see huge potential for savings, but no one bothers to do it. The three main players I saw in this space were Trimble, Cityworks and Cartegraph, the latter seeming to be the most recent entry in this market and the former two have a co-opertition relationship.

There is a lot going on in this space and it all starts with getting an inventory of your city's assets. This is streets, lights, sprinklers, parks, sidewalks, fire hydrants; what you have and where it is located. You need to inspect the condition of your assets, set their value, assess their performance, at what point do they fail, and at what point it makes more sense to repair or to replace the asset. Once you have everything in place, then you are able to really manage your work and do predictive analysis. If you've got an item that is failing now and it turns out the same item, like a fire hydrant, is due to be replaced around the corner in a month, you might as well consolidate the work and have it done at the same time. It is less expensive to make a single trip than multiple trips, so you start to reduce costs.

What I really like is tying this in with a service like SeeClickFix that allows citizens to report non-emergency items in a city, like broken sprinklers, a street light that is out, dangerous sidewalk cracks,dead animal in the street, that kind of thing. These should go in to the cities intake system where you could let some items get automatically routed to service tickets or maybe they are reviewed before they are routed.

It is a great way for a city to make things easier for their citizens, they don't need to know which entity manages which asset. Maybe there is an HOA for the landscape watering, or the county manages the traffic signals and the city does the street sweeping. If the city took it on themselves to do the routing, then the citizens can just make the reports.

The possibilities for automation, improving responsiveness and cutting costs are really very exciting, at least to me. ESRI has a huge array of developer options as well, pretty much any modern language and platform you care to name, even scripting languages like Python. The array of options is just massive. One thing that struck me is the responsiveness of all these vendors parsing through what has to be massive amounts of data.IMAG0777

I ran across one of the old product reviews I'd written about 25 years ago, and I was gushing at the amazing performance of *only* taking 15 minutes to churn through 20,000 lines of source code, just crazy. The “at a glance' guide for the conference was over 80 pages. There were so many breakout sessions and tutorials that I had to just focus on the vendor floor. ESRI even went so far as to make the tables in some of the areas whiteboards, so you could brainstorm while you were sitting and chatting, I saw a good number of tables with ideas on them, I just had no idea what they were talking about.

To wrap up all too soon, you gotta check out this Twitter page:

Geoawesomeness  geoawesomeness  on Twitter

I was ready to grab 20 pictures off of it for this story, but then I thought about it and the important take away is that just about all data that occurs is being stored, the challenge for these vendors is primarily finding interesting, useful and innovative ways to provide it to you. A little out of the box thinking and you'll be surprised at what you can accomplish.

The post ESRI UC 2014: Notes from the floor [#esriuc2014] appeared first on Technorati.

By |July 22nd, 2014|Advertising Technology|0 Comments