Browser cookie deprecation, plus limits on mobile identifiers imposed by Apple amongst others, are limiting traditional targeting methods used by advertisers.
In this video interview with Beet.TV, one ad agency executive says technology can come riding in to help.
“Many marketers already made the choice to work with specific partners, lean on specific technologies, says Delphine Fabre-Hernoux, Chief Data & Analytics Officer at GropM’s Wavemaker.
“The burning questions we get today from marketers is more about the changes they have to make because of privacy.
“They see a massive pressure coming from all these changes related to privacy.”
“We’re going to lose lots of (audience) signals.”
The loss of those signals has emerged as the key advertiser challenge in 2020 and 2021.
One of the solutions mooted is a leaning toward first-party data, that which can be gathered from consumers with permission.
But, with some expecting the vast majority of iOS users, for example, not to opt in to tracking like location and app usage, finding users in the noise is getting more difficult.
Hernoux sees a solution in artificial intelligence.
“The power of machine learning is really to build this layer of intelligence on top of a more limited amount of signals and translate that into something which is quite meaningful,” she says.
What kind of intelligence? That depends on the use case.
“It may be insight, it can be intelligence that is going to optimise media planning, but it can also be the predictive piece,” Hernoux claims.
“Everybody’s looking to really know where you need to put your media dollars to maximise the return on investment and contribute more to your bottom line.”
But, increasingly, artificial intelligence algorithms are proving they can restore the primacy of ad creative.
That is what a host of industry executives discussed when they gathered on June 23 for the Global Forum on Responsible Media,
This video is a summary of interviews with executive who spoke in the creativity/technology advertising track presented by IBM Watson Advertising.
The New Majority: MediaCom’s Prabhu Aims To Make Advertising Addressable
Dynamic creative versioning is allowing advertisers to deliver a diverse range of re-mixed ad creatives for consumers. But Anush Prabhu – US Chief Strategy Officer and Global Chief Strategy Officer, Creative Transformation, for MediaCom – says companies need to lean on software for something that is becoming too complex for humans, in two areas:
Robert Redmond thinks he has the answer – if producing a plethora of different ad creatives for a burgeoning range of audience types if complex for humans, call on the machines to help.
Specifically, machine learning like that offered by Redmon’s IBM is increasingly being called on to anticipate and remix the optimum ad creatives for different viewers.
“We teach an algorithm how to predict which individual assets to combine at real time to be most relevant for that consumer,” says Redmond, whose IBM Watson Advertising Accelerator assembles ad campaign creative elements based on audience reactions.
“We’re going to see more and more uses of technology and creativity together in very powerful ways to do this type of work.”
‘Data Artistry’ Unlocks Context & Cohorts: Mindshare’s Clayton’s Post-Cookie Dreams
Creative-focused technology is important because there is a growing sentiment that ad creative, in the programmatic era, has been overlooked in favor of super-targeting alone.
But it also comes as ad buyers look for solutions in the era after third-party cookies and digital identifiers. And that is seeing the re-emergence of contextual targeting.
“Context has always been considered this old-school thing of the past,” says Sean Clayton, executive director, solutions officer at WPP’s Mindshare. “But, really, as you start understanding that people move in waves, they move in larger cohorts, the ability to start executing against those cohorts is actually pretty exciting, especially when you can look within the programmatic ecosystem.”
Machine learning can help advertisers in the new world, despite declining usefulness of traditional identifiers, says Delphine Fabre-Hernoux, Chief Data & Analytics Officer at GropM’s Wavemaker.
“The power of machine learning is really to build this layer of intelligence on top of a more limited amount of signals and translate that into something which is quite meaningful,” she says.
“It may be insight, it can be intelligence that is going to optimise media planning, but it can also be the predictive piece. Everybody’s looking to really know where you need to put your media dollars to maximise the return on investment and contribute more to your bottom line.”
Xiao Lin of Xaxis wants to make sure clients have really bespoke creative that speaks to consumers. But he, too, wants to lean on technology to get there.
The GroupM division uses a tool called Copilot that uses signals like browser, location, time of day and the weather “to create thousands of creative variations on the fly”, Lin says: “It introduces thousands more different data inputs to which then our AI Copilot could actually optimise towards the output or the client’s outcome.”