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4A’s Transformation 2015 presented by Videology – Beet.TV https://dev.beet.tv The root to the media revolution Thu, 18 Jun 2015 13:09:06 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.7 “This is the Year of Addressable TV, It is Totally Transformational” GroupM’s Gotlieb https://dev.beet.tv/2015/06/addressable-irwin.html Thu, 18 Jun 2015 02:08:52 +0000 http://www.beet.tv/?p=34060 The opportunity for advertisers to deliver TV ads to specific homes , via cable and satellite boxes and connected TV’s is “totally transformational” and it is happening now, says Irwin Gotlieb, Chairman of  GroupM,  WPP’s media buying umbrella group.  He says the media industry of the future  will see 2015 as the the year that addressable TV became viable.

At next week’s Cannes Lions, Gotlieb will speak extensively on the topic, from a MediaLink produced luncheon on Monday at the Carlton with Cablevision COO Kristin Dolan –  to Tuesday’s leadership program aboard the AT&T AdWorks yacht.

Tuesday’s program with AT&T will also include the two leading agency executives in the field: Mike Bologna of GroupM’s Modi Media and Tracey Scheppach of Starcom MediaVest Group.  Investment banker Terry Kawaja will moderate. The AT&T event is being produced in partnership with Beet.TV

This interview with Gotlieb took place earlier this year in Austin that 4A’s leadership conference.

For more information on addressable TV, please see our recent interviews with Dolan, Bologna and Scheppach.

Beet Retreat on Addressable TV

Bologna and Scheppach will participate in two-day executive retreat and taping session on November 12 & 13 at the W Fort Lauderdale.  More information on this will be published shortly.

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Media Agencies Need to Change: Nielsen’s David Hohman https://dev.beet.tv/2015/04/hohman.html Thu, 30 Apr 2015 23:29:37 +0000 http://www.beet.tv/?p=33298 The business model for media agencies needs to change, says David Hohman, Nielsen’s agency solutions EVP in an interview with Beet.TV. Many agencies still operate according to an old-school billable hours model, but as tech companies and platform vendors bring new services to the marketing and advertising world, media agencies are going to need to evolve faster, he says.

“Agencies are becoming more dependent on data, and doing things faster and cheaper, and that requires automation, data science, and skills they haven’t traditionally had. The challenge is they are operating in an old business model and the ecosystem is moving on without them,” he says.

But bringing creative closer to media buying can help agencies to move forward. “Content and advertising needs to be more tightly integrated than before, especially with the proliferation of mobile devices,” he says. “All of that is changing how advertising is being done and being bought and sold.”

Hohman was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

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Presidential Hopefuls Are Turning To Programmatic TV Ads: YuMe’s McLernon https://dev.beet.tv/2015/04/4asyumemclernon.html Thu, 23 Apr 2015 16:15:07 +0000 http://www.beet.tv/?p=32981 If you think it is too soon for so-called “programmatic” advertising buying techniques to jump from the web to mainstream television, consider this – the future president of the United States may already be buying TV ads this way.

That is according to video ad tech firm YuMe. Its chief revenue officer Scot McLernon concedes that “there is a little bit of hype around it”, with only 1% of TV ads bought using automation technology in 2014.

“Focus on the government elections for a little bit,” he tells Beet.TV in this video interview. “These guys are going to local television stations and they’re buying it up. You see it on the local news. They just can’t buy any more GRPs (gross rating points), there’s no more reach.

“That’s where the YuMe comes in to place … you can only get so much of your audience on television; cord cutters are simply not on network or local television. YuMe adds additional GRPs on a local basis. The political guys right now are calling us, versus us calling them, to find out, ‘How do we glean a little more reach?'”

McLernon says, today, “programmatic” buying of linear TV ads is mainly done through Mediaocean at the national US level and through Strata at the local level. His company has partnered with the latter to enable local programmatic buying.  Here is the press release on the Strata alliance.

 McLernon was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

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Partnership Is Fuel For Creativity: MediaLink’s Kassan https://dev.beet.tv/2015/04/4asmedialinkkassan.html Thu, 16 Apr 2015 18:04:58 +0000 http://www.beet.tv/?p=32983 Call it alchemy, call it a meeting of minds, but marrying up seemingly-disparate disciplines it the key to unlocking business growth. So says one of the leaders of cross-disciplinary media consultancy MediaLink.

“Partnership is what makes this world go around,” according to CEO Michael Kassan. “You need people who are growing toward the same goals. One shop does not fit all anymore. You have to find people to work with.

“The best partnership out there is … the idea and the technology. The idea is central, but if you can understand how to get those ideas in to the mainstream faster using technology … when precision is so available … you need that partnership.”

Kassan is so enamored with the transformational potential of partnerships, MediaLink recently hosted the Partnership Awards at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin. Winners included triumvirates of Motorola, Razorfish and Wired, and Nissan, OMD and Amazon.com.

Kassan was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

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Advertisers Can Have Their Cake And Eat It: Simulmedia’s Morgan https://dev.beet.tv/2015/04/4assimulmediamorgan.html Thu, 16 Apr 2015 15:16:11 +0000 http://www.beet.tv/?p=32976 Brand TV advertising these days is something of a scattergun approach – you pay to reach large audiences, but you can’t guarantee the distribution will really achieve the desired result.

Increasingly emboldened by the guarantees that are offered by online advertising, some TV ad buyers are calling for an improvement. And that is what former Tacoda head honcho Dave Morgan‘s current business, Simulmedia, is enabling.

“We decided to put our money where our mouth is,” Morgan tells Beet.TV in this video interview.

“We’re going to guarantee the actual performance of a branded TV ad against a measured biz outcome – typically, that’s purchase or sales, it could be website visits or a media mixed attribution model that the client does.”

Morgan says pricing TV ads based on their actual business effect “de-risks” the buy for advertisers: “Television advertisers has never had the closed loop capabilities that online have. Brand advertisers want to have their cake and eat it too. They want to make sure they have significant reach but also that it’s accountable.”

Morgan was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

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Media Agencies May Stop Being Agents: GroupM’s Gotlieb https://dev.beet.tv/2015/04/4asgroupmgotlieb.html Mon, 13 Apr 2015 11:15:56 +0000 http://www.beet.tv/?p=32893 As more and more brands, using empowering new ad tech and marketing software, begin to perform some of the functions of their media agencies, what will be the impact on those agencies?

“I frankly don’t know,” ad company GroupM’s chairman Irwin Gotlieb tells Beet.TV in this video interview. “Most agencies were truly agents on behalf of a client. The world has moved along quite a bit.

“As soon as clients began to nudge us in to guaranteeing performance, in to putting our remuneration at risk in return for performance criteria … I think many of us ceased to function as agents do.

“If one were to fast-forward for five years, the fundamental nature of what we do … is a major question.”

Gotlieb was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

He was interviewed for Beet.TV by David J. Moore, Chairman of Xaxis and President of WPP Digital. The interview took place in January at the Wynnin Las Vegas during the Consumer Electronics Show.

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Esurance Leans on Big Brand Strategies And Performance Tactics https://dev.beet.tv/2015/04/esurance.html Mon, 13 Apr 2015 11:13:31 +0000 http://www.beet.tv/?p=32909 As a “challenger brand,” insurance firm Esurance has relied on a combo of brand awareness and performance marketing to grow, says Alan Gellman, Chief Marketing Officer at Esurance, in an interview with Beet.TV.

“We leverage traditional media with digital. We have a combined strategy of building awareness and focusing on where is the future and how do you get there,” he says, adding that Esurance has relied on both big tentpole opportunities like the Superbowl as well as performance-focused digital ads. Gellman joined Esurance a year ago.

“We are a large spender but we are tiny compared to our competitors. So you have to build a brand and get people to pay attention through entertainment,” he says. As an example, he points to the marketer’s use of “Beatrice, The Facebook Lady” in a range of its video content. Esurance works with agency partners like Leo Burnett and Starcom. The company has also had success producing long-form videos about biking to drive its motorcycle insurance.

Gellman was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

 

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Ad Creative Has Short Life, Demands are Greater Momentum’s Chris Weil https://dev.beet.tv/2015/04/ad-creative-has-short-life-demands-are-greater-momentums-chris-weil.html Sun, 12 Apr 2015 17:31:27 +0000 http://www.beet.tv/?p=32900 Creative content for advertising has a much shorter shelf life in this fast-moving digital world, says Chris Weil, Chief Executive Officer for Momentum Worldwide, in an interview with Beet.TV.

“The distribution channels have changed so dramatically and we need to look at content in a different way,” he says. In the past marketers could build creative with a “wonderful” long shelf life. That’s no longer the case. Now, the demands on creative agencies are even tougher because the focus is volume along with creativity, he explains. Speed, quality, and expense have become the watchwords in creating content.

Newer advertisers are learning that if they want to hold their position as first movers they need to build brands, and that comes through top-notch creative, Weil adds. “If we can drive the dialogue around how to create value, then this is a growth industry,” he says.

Weil was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

 

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GroupM’s Norman: Facebook Lags Twitter For Video Advertisers https://dev.beet.tv/2015/04/4asgroupmnorman2.html Thu, 09 Apr 2015 20:42:53 +0000 http://www.beet.tv/?p=32896 AUSTIN – Facebook wants to make a big splash in the world of video advertising. But failings in its offering mean it still has a way to go, according to a leading ad agency boss.

“The advertiser is competing with the regular newsfeed and the rest of the user-generated newsfeed. It remains a challenging environment,” GroupM chief digital officer Rob Norman tells Beet.TV in this video interview.

Norman also criticizes how Facebook charges advertisers for video: “The idea that, the moment a video enters the feed, the charging event takes place (when) people scroll using movie devices… I do not believe advertisers will find entirely acceptable.”

He reckons Facebook’s rival has a better offering right now: “Twitter’s six-second .gif preview for video is very effective and very interesting. Twitter’s video product for advertisers is attractive, both from an impact point of view and a pricing initiation point of view.”

One study out this week reckons more advertisers will pick Facebook than YouTube this year, but Norman thinks: “This race has a long way to go.”

Norman was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology. Please find more coverage from the conference here.

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Nielsen Relies on eXelate for Programmatic Data https://dev.beet.tv/2015/04/nielsen-relies-on-exelate.html Thu, 09 Apr 2015 01:53:03 +0000 http://www.beet.tv/?p=32882 AUSTIN – As part of its deeper push into programmatic buying, Nielsen is increasingly relying on data from eXelate across a variety of video offerings, says David Hohman, EVP and Managing Director of Agency Solutions at Nielsen, in an interview with Beet.TV.

Nielsen pairs its real-time audience insights with eXelate’s consumer segment data to create detailed views into consumer behavior and buying tendencies.

“They are taking our data sets and making them available to platforms, agencies and advertisers based on TV behaviors, buyer graphics, segmentation. Data is being used to find audiences based on what consumers are doing online, what they’re interested in,” he says, in explaining how data is increasingly at the epicenter of digital advertising, but especially for programmatic offerings and precision marketing. Nielsen has been using eXelate for some time, and just completed its acquisition of the data firm last month.

The key to using data though is to employ it in such a way to drive business outcomes. “It’s not just about finding an audience, but getting them to take an action. It’s no longer sufficient to get your message in front of the right group. It needs to be relevant with regard to the timing, the message, and the platform the consumer is on,” he says.

Hohman was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Digital Placed-Based Venues Grow As Consumer Viewing Shifts https://dev.beet.tv/2015/04/digital-placed-based.html Thu, 09 Apr 2015 01:43:44 +0000 http://www.beet.tv/?p=32885 AUSTIN – As consumers increasingly watch TV in new ways, ad platforms that deliver ads in digital “out of home” fashion are growing in value, says Barry Frey, president and CEO of the Digital Place Based Advertising Association (DPAA), in this interview with Beet.TV. This sector of the business is just shy of $1 billion in ad spend and is comprised of screens in places like elevators, airports, malls, gyms, taxis, gas stations and other out of the home venues.

“As TV changes, TV is no longer tethered to the living room. TV is still the most potent form of messaging, so we offer video in this new day and age where people are out and about more than ever. We reach them as they make product decisions,” he says.

As this sector grows, the players are starting to incorporate programmatic techniques as well as targeting, he says. For instance, many place-based advertising venues are partnering with mobile firms to retarget consumers on mobile phones who might have seen an ad on an elevator, for instance, he says.

“We extend the reach of TV in other venues with a video message,” he says. He adds that fraud and viewability issues are not impactful in the digital place-based world as all the ads are viewable.

Frey was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Leo Burnett, HuffPo Get Close To Win At Content: Renshaw https://dev.beet.tv/2015/04/4asleorenshaw.html Tue, 07 Apr 2015 22:52:51 +0000 http://www.beet.tv/?p=32877 AUSTIN — Last October, ad agency Leo Burnett and online publisher Huffington Post announced they would be partnering to help create content for brands.

One of many initiatives in which publishers are working to do so for brands, this partnership is different from most, in that Huffington Post staff are embedded with the ad agency for at least part of their working week.

In this video interview with Beet.TV, Leo Burnett chief platforms and partnerships officer Mark Renshaw explains how it works.

“Collaboration is critical to figuring out what to do with content,” he says. “We need differences of thinking to bring diversity

“We have their people working in our office. We share our business plans with them, they share their business plans with us. We’re jointly working on things at a very strategic level.

“Huffington Post has been a fantastic social publisher, we’re learning from that and they are learning how to be a brand storyteller. The partnership allows us to create content in new ways.”

Renshaw says content the pair create starts out life published on Huffington Post but could live on in any medium.

 

Renshaw was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Kargo ‘Takes Over’ Mobile Editorial With Brand Ads https://dev.beet.tv/2015/04/4askargokargman.html Tue, 07 Apr 2015 22:45:42 +0000 http://www.beet.tv/?p=32875 AUSTIN — Mobile banner ad sales are booming. But they are not necessarily the ad format that is going to inspire and engage consumers most on the small screen.

Ad tech supplier Kargo is betting on giving advertisers and publishers something different, eschewing performance-driven banner sales for high-touch brand campaign placements.

Founder and CEO Harry Kargman tells Beet.TV his technology “allows us to take over the page and create a custom site skin”, “woven in to the editorial page”.

“Mobile is really challenging. The screen sizes are small,” he says. “Getting a consumer to consider buying that product is a really hard thing to do. That requires something more than a banner – we don’t think that a 320×50 banner is long-term sustainable in mobile. It’s not going to get the consumer to make the purchase.”

Clients include McDonald’s and Target. Kargo aims to grow its staff headcount from 130 to 200 by year’s end, partly by opening up a London office meet growth.

 

 

Kargman was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Videology Partners In Programmatic TV ‘Evolution, Not Revolution’: Gaskamp https://dev.beet.tv/2015/04/4avideologygaskamp.html Tue, 07 Apr 2015 12:28:10 +0000 http://www.beet.tv/?p=32873 AUSTIN — Videology sees its recently-inked integration deal Comcast-owned ad tech platform FreeWheel as “bridging the gap” until true programmatic TV advertising might finally be enabled.

Last month, the pair announced video ad tech vendor Videology would plug in to FreeWheel to help advertisers buy video inventory programmatically on publisher sites through its FourFronts program, an extension of its private marketplace.

“Historically, they’ve been buying planned media against a show-level set of data,”Videology north American development SVP Brent Gaskamp tells Beet.TV in this video interview. “Now they can bring in first-party data or leverage third-party data and apply that in a more strenuous way for the outcomes of their campaigns.

“This is not programmatic from the last mile. This is about programmatic automation and workflow to enable data exchange in the planned media environment.

Gaskamp was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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iBeacons Can Enable Precise Mobile Marketing: MEC’s Pasqua https://dev.beet.tv/2015/04/4amecpasqua.html Mon, 06 Apr 2015 23:04:31 +0000 http://www.beet.tv/?p=32871 AUSTIN — If you think you haven’t seen much evidence of location beacons’ use in a marketing context, following initial hype, you soon will. That’s according to one agency mobile marketing leader.

“Apple just rolled out the Beacon API last year,” MEC Global’s north America lead for mobile and emerging technologies, Rachel Pasqua, tells Beet.TV in this video interview.

“Because you haven’t seen a lot of stats come out, you think it’s not happening. But it’s happening everywhere. Every big box store, supermarket, stadium, concert venue, every public space from train stations to airports to government buildings are putting beacons in to their infrastructure to enable all sorts of interactions.”

Bluetooth beacons, which Apple is calling iBeacons, have existed in one form of another for several years. Unlike GPS, they enable precise targeting within buildings by detecting proximity to a user’s smartphone.

Some retailers are getting excited about pinging messages to customers as they walk by product shelves.

Pasqua imagines “everything from quietly measuring foot traffic … to seamless delivery of useful information… about a public monument or something as useful as a coupon delivered at point of sale”.

 

Pasqua was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Measurement of Fraudulent Traffic Must be Stricter, comScore Says https://dev.beet.tv/2015/04/measurement-of-fraud.html Fri, 03 Apr 2015 20:39:38 +0000 http://www.beet.tv/?p=32866 AUSTIN — As much as 40% of digital video campaigns can be originating from non-human or fake traffic, says Anne Hunter, Senior VP Marketing at comScore, in this interview with Beet.TV. The problem has intensified with the growth of digital video advertising.

“Because marketers are moving their budgets to digital, there is an incentive for bad players to create bad ads,” Hunter says in this interview. While much of the fraudulent traffic originates from second-tier and less transparent sites, it is still a cause for concern. Hunter, as well as many others, wants to see industry associations continue to take a stand on the need for verified, human traffic in their metrics. Organizations like the IAB and 4As have been vocal about the importance of viewability.

“We want to make sure the reach and frequency is of humans. We are seeing non-human traffic get into digital measurements and you have to deliver a GRP that is a human GRP,” she says. Hunter also discussed the shift to mobile video and video viewing on alternative devices, both of which underscore the need for accurate measurement.

Hunter was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Collaboration Key to Ad Business, 4As Hill Says https://dev.beet.tv/2015/04/collaboration.html Thu, 02 Apr 2015 21:18:33 +0000 http://www.beet.tv/?p=32861 AUSTIN — One of the biggest changes in the advertising business in recent years has been the drive towards more partnership between a range of players, says Nancy Hill, President and CEO of the 4A’s in this interview with Beet.TV.

“We are seeing partnerships across agencies, across ad tech, tech vendors, with clients, with media platforms,” she says. At the recent 4As event in Austin, the association gave out “Partner Awards” for the first time to honor this new spirt of collaboration that has become vital in the advertising business today.

While this type of teamwork is helping to yield success in ad campaigns, the industry as a whole still needs to work better to nurture and find young talent, Hill adds. More effort needs to be made to draw young people to advertising as a career option, she tells us.

Hill was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

 

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Content Marketing Key to Reach Millenials, Fullscreen’s McGurn https://dev.beet.tv/2015/04/content-marketing.html Wed, 01 Apr 2015 10:51:22 +0000 http://www.beet.tv/?p=32846 AUSTIN — Interruption is the enemy of millennials, making content marketing even more vital to reach this younger group, says Kevin McGurn, head of sales for Fullscreen, the YouTube multichannel network, in this interview with Beet.TV. McGurn joined the company earlier this year.

Fullscreen works with various brands and connects them with YouTube influencers to integrate into their content. “Millennial are our core targets,” McGurn says. “They love brands but they don’t like ads, so content marketing is where you cut through for tremendous reach and scale, and influencers provide that reach,” he says. Fullscreen relies on pre-rolls, TrueView ads from YouTube, but especially on content marketing.

“This is a revolution in content creation. You’ve never had the ability before to get such scale with social platforms,” he says. About 63% of millenials said they would be more likely to try a product or brand that was recommended by a YouTube star, compared to only 48% who said that about a traditional TV or movie star, according to a Defy Media study, a YouTube content shop, about millenials.

Fullscreen has a network on YouTube of 500 mllion subscribers that generate 5 billion views a month across their videos and channels. Otter Media, a joint venture of At&T and Chernin Group, owns Fullscreen.  The company will present its latest offering at the upcoming Digital Content NewFronts event in New York.

McGum was interviewed by Beet.TV at the 4As’ (American Association of Advertising = Agencies) Transformation 2015 event in Austin. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

 

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Horizon Media Tests ‘Advanced TV’ Ad Targeting: Campanelli https://dev.beet.tv/2015/03/4ashorizoncampanelli.html Tue, 31 Mar 2015 18:45:17 +0000 http://www.beet.tv/?p=32843 AUSTIN — Media agency Horizon Media doesn’t think true programmatic ad buying is coming to television any time soon – but that isn’t stopping it from trying out some of programmatic’s techniques to understand ad targeting better nevertheless.

Horizon Media national TV SVP David Campanelli tells Beet.TV the company is using ad tech vendor Rovi’s Ad Optimizer tool together with ad spots on A+E Networks: “We’re going to take portions of our upfront spend on the books now, run that through the tool to optimizer against a higher index to reach our target customer for that particular advertiser.”

Campanelli likes the tool because “it’s built by people thinking from a TV standpoint, not from a digital standpoint and trying to translate that to TV”.

But Campanelli sees “programmatic TV” as meaning automation, data targeting and real-time optizisation of a schedule and dynamic ad insertion. But, on the latter, he says: “TV doesn’t work that way. We can’t have full programmatic until we have the ability to dynamically insert ads. That is a way off from a technology standpoint.”

Campanelli was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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The Economist Shakes Up The White Paper: Sukacheva https://dev.beet.tv/2015/03/4aseconsukacheva.html Tue, 31 Mar 2015 16:40:15 +0000 http://www.beet.tv/?p=32841 AUSTIN — Over the years, when most people have talked about The Economist’s online strategy, discussion has centered around its access model. Right now, that is three free articles a week – but this is not the only horse the publisher has in the race.

The Economist Intelligence Unit (EIU) is also busy producing premium research and events for readers beside the main Economist.com brand – and giving marketers an opportunity to create their own, to boot.

“We’ve been doing content before content was popular,” The Economist content solutions unit MD Elena Sukacheva tells Beet.TV in this video interview. “With Economist Intelligence Unit, we publish a lot of research sponsored by mostly B2B companies.

“(Previously), it was very traditional forms of content – 7,000-word white papers that were often missing the vast majority of the audience; who has time to read 7,000 words?

“Instead of doing one massive paper, we break down the findings of the research in to multiple pieces and feed them through a social network, or create a content hub (for brands).”

Sukacheva was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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CNN, the Economist, Financial Times, Reuters, the Guardian Join Programmatic “Coop” powered by the Rubicon Project, Jay Sears explains https://dev.beet.tv/2015/03/4arubiconsears.html Mon, 30 Mar 2015 10:57:35 +0000 http://www.beet.tv/?p=32811 AUSTIN — Earlier in March, The Guardian announced it was leading a coalition including CNN International, the Economist the Financial Times and Reuters to pool their ad inventory for programmatic international sale.

The exec whose company powers the so-called Pangea Alliance says such comings together, once considered rare in the cut-throat world of media, are beneficial.

“(In advertising), there’s always been that trade-off between scale and quality,” Rubicon Project marketplace development SVP Jay Sears tells Beet.TV. “Publishers are seeing Google and Facebook with the ability to provide that scale. With cooperative arrangements, they can do the same thing.

“By coming together, this group of media owners has created a global footprint of 110m monthly uniques that’s pretty significant in an environment that denotes quality.

“The phenomenon of the cooperative is something we’ve seen quite a bit of. You can see La Place in France, the Czech Publisher Exchange in the Czech Republic, the Danish Publisher Network in Denmark.”

These networks along with the Pangea are powered with technology from the Rubicon Project.

Sears was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin, Texas. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Online Video Exploding Globally and Starcom’s Amanda Richman Explains Why https://dev.beet.tv/2015/03/richman-2.html Mon, 30 Mar 2015 00:48:16 +0000 http://www.beet.tv/?p=32799 AUSTIN – Online video is showing dramatic growth.  It is by far the fastest growing ad medium.

In a closely watched quarterly report titled  Advertising Expenditure Forecasts, the big media agency ZenithOptimedia has just reported that online video grew last year at a blistering rate of 34% to $10.9 billion globally – and it is on track to double by the end of 2017.

In Austin last week, at the annual 4A’s conference, we sat down with Amanda Richman, President of Investment and Activation of Starcom USA.  She talks about the growth of the medium and its momentum from data, cross-screen consumption and by an increasing creative content creation process.

Our coverage is of the 4A’s summit was sponsored by Videology.  Please find more coverage from the conference here.

 

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Branded Content Key Focus of Digital Media, BoA Says https://dev.beet.tv/2015/03/branded-content-2.html Fri, 27 Mar 2015 18:30:52 +0000 http://www.beet.tv/?p=32786 AUSTIN — Advertising has moved well beyond the thirteen-week cycles of the past and into branded content as the focus for the future, says Anne Finucane, Global Chief Strategy and Marketing Officer at Bank of America, in this interview with Beet.TV. “What’s here to stay is being able to tell a story with a beginning, middle and end with proof points that you can do in a thirty-second spot, or direct to customer with a web site, or Twitter, or Youtube,” she says.

Given that shift, it’s important to look at various metrics and brand goals for campaigns today. They might be brand lift or direct sales, but all can be impacted with this storytelling focus, she says, in explaining how brands and agencies can work together more effectively. “You don’t have to tell the story in full in each medium, but to collectivey tell it across mediums,” Finucane says. “As a brand, you have to develop a purpose, positioning and proof point, but the way to execute is different.”

Finucane was interviewed by Beet.TV at the 4As’ (American Association of Advertising = Agencies) Transformation 2015 event in Austin. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

 

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Horizon CEO Koenigsberg on the Transformation of the Media Agency https://dev.beet.tv/2015/03/horizon-ceo.html Thu, 26 Mar 2015 00:31:30 +0000 http://www.beet.tv/?p=32761 AUSTIN — The new media agency of the future needs a “white canvas mindset” says Bill Koenigsberg, President and CEO of Horizon Media, in this interview with Beet.TV. “With the way the world is changing so fast, each day you need to come in and paint a new picture. You have to keep painting to move the business forward,” he says.

In addition, agencies need to focus on inventing for the future and on hiring the right people for the new ways of marketing. “We are bringing in data analytics people, creative technologists, and behavioral scientists into our business. We are bringing in all kinds of new skill sets to navigate, paint, invent and create,” he says. Koenisberg also discusses the changes in creative needs and approaches, given the shifting dynamics in media, content, and storytelling.

He is the chairman of the 4A’s.  Horizon is the largest privately-owned media agency in the world.

Bill Koenigsberg was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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Starcom’s CEO Donohue & “New Establishment” Brand Airbnb https://dev.beet.tv/2015/03/starcom-aribnb.html Wed, 25 Mar 2015 23:52:44 +0000 http://www.beet.tv/?p=32749 AUSTIN — One of the benefits of working with “new establishment brands” is they come to media planning without any baggage attached to them that iconic marketers often have to deal with, says Lisa Donohue, CEO at Starcom USA, in this interview with Beet.TV. As an example, she points to rental and hospitaly site, Airbnb, a new Starcom client, that embodies this type of modern brand.

“Given that the world is changing rapidly, the benefit is that they have no status to break, only rules to rewrite,” she says. The best way for an agency to help to build these type of brands is to be quick, agile, and in sync with who they are as a brand. “We immersed ourselves with them as a company. We set up shop at their offices and met everyone at Airbnb to truly understand the ethos of the company and how they operate.”

Starcom’s focus with this client has been centered around content creation and storytelling, rather than on flowcharts detailing reach and frequency, she says. More established brands can learn from these upstarts about how to be more agile and not be controlled by process, while newer brands can benefit by embracing process more, she says in explaining what newer and established brands can learn from each other.

Donohoue was interviewed by Beet.TV at the 4As’ (American Association of Advertising Agencies) Transformation 2015 event in Austin. Our coverage is sponsored by Videology.  Please find more coverage from the conference here.

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