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What's new in digital marketing technology and media - midyear 2014 update

Chief Executive Officer em Prove
6 de Oct de 2014
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What's new in digital marketing technology and media - midyear 2014 update

  1. In Data We Trust ! What’s New in Media, Analytics & Digital Marketing Technology
  2. What’s New: Overview Top Apps from the Top Thinkers Multiscreen unification Omnichannel Data Everywhere Mobile Advancements Real-time Bidding Attribution Digital Creative Advancements ©2014 Prove Confidential & Proprietary Prove Capabilities 2
  3. Top Apps Reddit News Digest Yahoo Word 1 Pics 4 Then That (IFTTT) This If Sit or Squat ©2014 Prove Confidential & Proprietary Prove Capabilities 3
  4. What’s Multiscreen Unification? Ad Server Knows YOU own all of these - Can and should limit the number of impressions across devices - Sequence ads irrespective of which device it is seen on: Version 1 on tablet -> Version 2 on iPhone -> Version 3 on Tablet -> Version 4 on laptop - Determine which device delivers best results at each stage of the buying cycle - “Fingerprinting” is the approach but vendors don’t like to call it that - Unification done typically through awareness of login information and inference of different patterns of activity ©2014 Prove Confidential & Proprietary Prove Capabilities 4
  5. What’s Omnichannel? Digital Channels Addressable TV Media Buys Can Run Across Online/Offline Channels - Can target ONLINE people who watch certain TV Programs offline - Can sequence ads irrespective of which device it is seen on - Can target OFFLINE people who have clicked on banners or who have bought or become leads ONLINE ©2014 Prove Confidential & Proprietary Prove Capabilities 5
  6. Data Everywhere Data Types “First Person Data” - Data provided to the ad servers from the advertiser itself - Email addresses - Cookie pools - Website retargeting pixel data ! “Third Person Data” - Data purchased and incorporated by merging Behavioral Data Store Purchase Data ©2014 Prove Confidential & Proprietary Prove Capabilities 6
  7. What You Can Do With Data Today Set Your Advertising Targets Precisely (Display/Video/Streaming Audio) - Your previous visitors (retargeting) - Your current customers (Email addresses matched to find them online via banners) - Geography: Nation, state, city, zip, radius around a single point, boundaries of a store - Context: Ad to be shown next to an article with matching keywords - Behavioral: Ads shown to people who have done certain things online (visited Expedia, etc.) - Ownership: Ads shown to people known to own certain things (products/services) - Intent: Ads shown where currently searching for something (product/travel/services, etc.) - Lookalike: People who share similar data points as your customers are targeted - Location: People who have visited certain places or stores (e.g. Starbucks) ©2014 Prove Confidential & Proprietary Prove Capabilities 7
  8. What You Can Do With Data Today Mobile (tablet/smartphone)-specific targeting opportunities - Installed apps - targeting based on what types of apps are installed on your phone ! ! - “Lean back” vs. “lead forward” mode - Lean back: Watching video - Lean forward: Searching/researching ©2014 Prove Confidential & Proprietary Prove Capabilities 8
  9. What You Can Do With Data Today Detect When An Action Has Occurred The Era of Closed Loop Digital Marketing is HERE! - Coupons redeemed (coupons.com, NewsAmerica.com, RetailMeNot.com vendors can cross-reference media to the number of coupons redeemed for ) - Apps Opened, Used, etc. - Visits to a store after ad exposure: Yes, we can now track when a user exposed to advertising physically goes to a store - Purchases at a store: We can now track when a user exposed to advertising buys something at a store ! WOW! CLOSED LOOP!! @$*#@#! ©2014 Prove Confidential & Proprietary Prove Capabilities 9
  10. Mobile Advancements ©2014 Prove Confidential & Proprietary Prove Capabilities 10
  11. Mobile Advancements ©2014 Prove Confidential & Proprietary Prove Capabilities 11
  12. Mobile Advancements Device Usage and Media Consumption Statistics - Average 1 hour per day on our mobile devices - 20% of media consumption time - 89% of time on mobile apps vs. mobile web - 67% smartphone adoption in US - Fraud prevalent across digital media: 30% bots plus 10% impressions out of geo means 40% is not real inventory !! Milward Brown Study Device usage by time of day: - 147 minutes tv - phones all day - 103 laptop - tablets dominate evening primetime (9-mid) - 151 smartphones - desktops during day - 43 tablets ! - New buzzword: “Phablets" (like the Galaxy Note; half phone half tablet) - Ad filesize is very important in mobile: - 4.3% CTR for small ad vs. 0.48% for large filesize ad (same visual ad but different filesize) just because it loads more slowly and people ignore it if it loads slowly - Voice Recognition ads - can ask you and you can respond with the right type of ad ©2014 Prove Confidential & Proprietary Prove Capabilities 12
  13. Mobile Advancements Powerful targeting of mobile audiences - Integration of online AND offline data - Ability to provide analytics to forecast lift results: Vendors know they need to provide data to show show lift to get better buys - CPC-based inventory rather than CPM (i.e. Opera) - These location-based mobile vendors are tracking where you go, so they can tell you (as a media and information partner) where your customer base also shops, how much market share you have versus your competitors (offline, in-store) - They can show that people exposed to location-based ads improve purchase intent by 1300% ©2014 Prove Confidential & Proprietary Prove Capabilities 13
  14. Real-time Bidding The Old Days (18 months ago) Today Near Future % of Media Purchased 100% old way 95% old way 5% Real-time Bidding 50% RTB Purchase Approach Media buyers and sellers discuss and agree on a rate. All impressions are viewed as equal Old way still dominates. But Real-time Bidding means assigning a DIFFERENT bid amount based on many rules Media attribution systems inform media buying systems about how valuable each impression is Examples of rules Buyer willing to pay up to $5 CPM for targeted inventory, regardless of which impression on a site visit (1 or 15th) Different impressions worth different amounts. Buyers program the bids according to what is known about the person, their state of mind, context of the impression, and whether it is the first impression on the site or a later impression Huge advantage to companies who adopt these RTB and attribution systems earlier rather than later ©2014 Prove Confidential & Proprietary Prove Capabilities 14
  15. Attribution Attribution was once again a key topic. - When a conversion occurs, which vendors, which impressions, which formats, which devices get the credit? - Growing realization among the media industry that Last Click isn’t going to work for them - Analytics profession has known how to do attribution for a long time but digital marketing industry has had only recent adoption of the attribution discussion - Proper way to determine who/what gets credit is to do control group studies to see what impressions actually change the behavior and then weight this - This is powerful but complex so most small companies won’t be doing this - Instead, we must use more simple ways to measure the contribution of “early impressions” ©2014 Prove Confidential & Proprietary Prove Capabilities 15
  16. Digital Creative Advancements - Media vendors increasingly bundling free creative and free creative tools into their buys - There is a new vendor who creates dynamic video for retargeting ©2014 Prove Confidential & Proprietary Prove Capabilities 16
  17. David Shor, CEO P r o v e 310-737-8600 x200 david@prove.it Prove | 12910 Culver Blvd., Suite D, Los Angeles, CA 90066 | t 310-737-8600 | www.prove.it
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