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RTB – Beet.TV https://dev.beet.tv The root to the media revolution Mon, 15 Aug 2016 17:03:44 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.7 OpenX’s Real-Time Guarantees Offer Best Of Both Worlds https://dev.beet.tv/2016/01/openxrtgsternhell.html Tue, 26 Jan 2016 12:48:55 +0000 http://www.beet.tv/?p=37411 In the last couple of years, private ad trading marketplaces have given ad sellers the efficiencies offered by programmatic trading technology, but by ringfencing premium inventory off from open-market fodder.

Now ad tech platform vendor OpenX is launching its take on the concept to offer a best-of-both approach of its own.

Its “real-time guaranteed” technology (RTG) mixes open and private marketplaces and “combines the efficiency and precise targeting of real-time bidding with the guaranteed business terms that are typical for direct-sold media”, says OpenX GM Paul Sternhell in this interview with Beet.TV.

Unlike private auctions, RTG allows publishers to sell ads with guaranteed volume commitments, but using real-time bidding (RTB) technology for greater efficiency.

“We’re able to create line items in a publisher’s ad server that reserve inventory subject to the campaigns and deal they’ve struck with their buyers,” Sternhell adds. “Those sit alongside their traditional, direct-sold orders. It can peacefully co-exist with a more traditional sales model.”

The service is launching as a “minimal viable product” (MVP), with revisions due later. RTG will be used by Magna Global, Interpublic and The Trade Desk, among named partners.

Here is the company press release.

This video is part of series about the state of programmatic advertising sponsored by OpenX.  

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LiveRail’s Mark Trefgarne on RTB vs. Programmatic Guarantees https://dev.beet.tv/2014/09/liverail.html Wed, 03 Sep 2014 11:00:55 +0000 http://www.beet.tv/?p=28936 SAN FRANCISCO – The delineation between private vs. open exchanges and real-time bidding (RTB) vs. programmatic guarantees is driven by the needs of the publisher says Mark Trefgarne, CEO of the supply-side video ad tech company LiveRail, in this interview with Beet.TV

Earlier this summer, LiveRail was acquired by Facebook.

We spoke with him for “The Road to DMEXCO,” a series of interviews with industry leaders produced in New York, London and San Francisco, sponsored by the automatic content recognition (ACR) technology provider Civolution.

Please find more videos from the series here.  Beet.TV is a media sponsor of DMEXCO and will be covering the conference extensively.

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Mindshare’s Powell: Advertisers Need Price Stability https://dev.beet.tv/2013/12/mindsharepowell.html Thu, 19 Dec 2013 11:10:37 +0000 http://www.beet.tv/?p=24107 Mindshare wants to deal in real-time ads – but it hates the price spikes that can be associated with the mechanism.

The group’s north America MD James Powell tells Beet.TV he needs “inflation-immune pricing”…

“Strong publishers aren’t necessarily dumping all their good content in to a programmatic sphere at the moment. And, even if they are, as a buyer, I don’t necessarily want to be exposed to market forces of RTB.

“We need some kind of stable stable marketplace. If we’re representing clients properly, we can’t be putting them in to a place where we’re vulnerable to supply and demand premiums and pricing.”

Case in point may be next year’s soccer World Cup in Brazil, always a massive advertiser event.

“We’ve seen price swings of 3x in those instances,” Powell says. “You’ll start seeing a lot of activity in the exchanges at that time.

“I don’t want my clients to be in a situation where America win a game, no-one’s betting on it, you might see a lot of (advertisers) try and take advantage of it. I want to be in that game, too – but I don’t want to pay their prices if they’re going through those exchanges.”

Powell was interviewed by Furious Minds CEO Ashley Swartz at Beet.TV’s TV Programmatic Summit, hosted at Xaxis and presented by Videology.

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TubeMogul’s Brett Wilson: Audience Guarantees for Programmatic Becoming Pervasive, Quickly https://dev.beet.tv/2013/10/wilsonocr.html Thu, 17 Oct 2013 16:33:26 +0000 http://www.beet.tv/?p=22995 NAPA, CA – One of the most significant developments in the move to programmatic video advertising buying is the rapid emergence of audience guarantees via Nielsen’s Online Campaign Ratings (OCR), says Brett Wilson, CEO of video ad tech company TubeMobul in this interview with Beet.TV commentator Ashley Swartz.
Over the past 12 months, audience guarantees have evolved from zero to as much as 30 percent of the media buying spend, he says.

He also notes that an increasing numbers of brands are using programmatic buying.  (Here is a report from Adweek on the trend.)

These are some of the takeaways of Wilson of the his company’s three-day executive retreat which included 130 attendees from agencies and brands.

Today, comScore reported that TubeMogul has 1.7 billion video ads viewed in September.

Disclosure:   Beet.TV covered and produced a series of video from this event as part of sponsorship arrangement.

 

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Omnicom’s Trading Desk Chief Josh Jacobs on the Evolving Role of the Media Agency https://dev.beet.tv/2013/10/omnicom.html Wed, 02 Oct 2013 19:51:35 +0000 http://www.beet.tv/?p=22737 While the introduction of enterprise software is changing the nature of the media buying landscape, the media agencies’ role is what it has always been, which has been “to bring price efficiency” into the media buying process, explains  Josh Jacobs, CEO of Accuen, the trading desk unit of the giant agency holding company Omnicom.

We spoke with him at Advertising Week after he participated in a panel on programmatic advertising moderated by Jay Sears of the Rubicon Project.

 

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Magna Global Links Client Data Segments with AOL’s Adap.tv Platform, Brunick https://dev.beet.tv/2013/10/brunick.html Wed, 02 Oct 2013 17:27:00 +0000 http://www.beet.tv/?p=22710 Magna Global, which recently announced an alliance with the  AOL unit Adapt.tv, will be integrating into Adapt.tv, allowing the big media agency to buy media against their client data segments via the platform, explains Michael Brunick, SVP for Programmatic at Magna Global, a unit of Interpublic’s IPG Mediabrands, in this interview with Beet.TV

We spoke to him at Advertising Week after he spoke in a session on programmatic moderated by Jay Sears.

 

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Kellogg Partners w/ BrightRoll, Google and Yahoo for Programmatic Ad Efforts https://dev.beet.tv/2013/09/arnold.html Mon, 30 Sep 2013 01:47:29 +0000 http://www.beet.tv/?p=22604 The Kellogg Company is one of the first big brands to embrace programmatic buying.  It is implementing its solution with BrightRoll, Google and Yahoo serving as its DSP partners, says Bob Arnold, Director of Digital and Social Media Strategy at Kellogg, in this interview with Beet.TV

We spoke with him at the BrightRoll Video Summit last week in Manhattan.

Arnold explains how the programmatic is used between Kellogg brands.  He discusses the use of “private” arrangements with certain publishers  — and shares his view of the future of programmatic buying.

 

 

 

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Programmatic Revolution will Create a “Tale of Two Cities” Among Publishers, Warns Rubicon’s Jay Sears https://dev.beet.tv/2013/09/sears-2.html Mon, 30 Sep 2013 01:23:38 +0000 http://www.beet.tv/?p=22601 Advertising agencies are inexorably moving to an automated. programmatic  system of buying inventory and publishers who don’t automate soon, will be left behind in a sort of “tale of two cities,” warns Jay Sears, GM of Revv at the Rubicon Project, the LA-based ad tech company that automates buying and selling of advertising.

Sears moderated a session at Advertising Week about programmatic with most of the heads of the agency trading desks, We spoke with him afterwards.

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Videology Expands Programmatic Offering to Publishers with New Product https://dev.beet.tv/2013/09/videology-3.html Wed, 25 Sep 2013 18:20:13 +0000 http://www.beet.tv/?p=22474 Videology, the video advertising technology platform, which has been developed and deployed primarily for advertisers and marketers who are on the “buy” side of the programmatic marketplace, is expanding its publishers with a new product called Revenue Engine.

Yesterday at the OMMA Video conference, we spoke with Todd Bender, VP of Product Supply at Videology after his panel presentation.  In this video, he describes the new product and explains the evolution of  the Videology ecosystem to encompass both the buy and sell sides.

 

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Xaxis’ Grether: Programmatic Video Stragegy Differs Between U.S. and Europe https://dev.beet.tv/2013/09/xaxiseurope.html Tue, 24 Sep 2013 09:42:50 +0000 http://www.beet.tv/?p=22409 COLOGNE — It may be a global industry, but advertisers in the US and Europe exhibit different approaches to the programmatic, automated ad targeting prospect that is now revolutionizing video ad buying, says one company in the know.

“In the US, it’s all about performance,” Mark Grether, COO of Group M’s in-house data targeting agency Xaxis, tells Beet.TV in this video interview.

“In Europe, it’s much more about branding; upper-funnel tactics – therefore, we see much more programmatic buying in the video space. In Germany, our business is almost 70% video; in Spain, it’s 80%.”

Speaking at the DMEXCO video industry conflab, Grether tells interviewer Ashley Swartz, CEO of Furious Minds, he wants to measure online video campaigns in the same way everyone has always measured TV ad campaigns.

And Xaxis used DMEXCO to launch Xaxis TV, a tool that brings “broadcast-like quality” to online planning.

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WPP’s Programmatic Unit Lauches ‘Xaxis TV’ – Brian Gleason Explains https://dev.beet.tv/2013/09/xaxis-tv.html Mon, 23 Sep 2013 01:44:52 +0000 http://www.beet.tv/?p=22401 Xaxis, the fast-growing programmatic media buying unit of WPP’s GroupM media holding company, has launched Xaxis TV, a new product for TV planners  that provides “broadcast like quality” to online planning as Brian Gleason, Managing Director of Xaxis North America, explains in this video interview.

We spoke with Gleason last week at the Beet.TV leadership summit about premium programmatic buying for publishers.

 

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Xaxis’ Schlickum: ‘Europe Has Adopted RTB More Carefully Than US’ https://dev.beet.tv/2013/09/schlikumrtb.html Fri, 20 Sep 2013 15:25:38 +0000 http://www.beet.tv/?p=22228 COLOGNE — “The future is already here – it’s just not evenly distributed,” wrote sci-fi novelist William Gibson. And that’s exactly the landscape for so-called programmatic and real-time automated ad bidding techniques.

“The way publishers have engaged with the programmatic space in Europe has been much more careful – they’ve thought about it much more,” says Caspar Schlickum, EMEA MD for Xaxis, GroupM’s in-house data-centric division. “They’ve managed to keep more value in their business. In the US, that’s more of a challenge.

“On the demand side, the way the agencies and clients are engaging with programmatic is more considered and careful … there’s more understanding exactly what role it can play as opposed to just rushing headlong in to it because it’s new and it’s there.”

For more of Schlickum’s thoughts on the future of advertising, watch hi full video interview with Furious Minds CEO Ashley Swartz at the Videology stand at the DMEXCO conference.

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Xaxis’ Schlickum: ‘Video Next For Programmatic Ad Disruption’ https://dev.beet.tv/2013/09/xaxisvideo.html Thu, 19 Sep 2013 15:19:52 +0000 http://www.beet.tv/?p=22230 COLOGNE — Automated, programmatic ad-buying technologies are disrupting the display advertising market. And, increasingly, they will do the same for video ads, says one exec.

“From an advertiser point of view, the idea of audience targeting is something they’re extremley keen to do across video as much as they are across other places,” Caspar Schlickum, EMEA MD of GroupM’s data division Xaxis tells Beet.TV in this video interview.

“The majority of our business in Europe now comes from video rather than display, despite of the inventory constraints.”

Programmatic technologies could soon facilitate buying of ads on radio and outdoor screens, Schlikum tells our interviewer, Furious Minds CEO Ashley Swartz, at the Videology stand at the DMEXCO industry conflab: “To scale that requires huge investment in the infrastructure.”

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AOL’s Lord: Machines Will Take Over Madison Ave Like They Did Wall Street https://dev.beet.tv/2013/09/aolboblord.html Thu, 19 Sep 2013 14:57:28 +0000 http://www.beet.tv/?p=22232 COLOGNE — Don’t call it “Rise Of The Machines”, but AOL’s new ad chief reckons real-time ad bidding algorithms will soon do much of the grunt work currently done by Mad Men and women.

In this video interview with Beet.TV at the DMEXCO industry conflab, AOL Networks’ Bob Lord says: “Traders on the floor (of Wall Street) never thought their jobs would go away – but electronic trading came in and eliminated the mundane tasks of their jobs – holding up paddles and bidding.

“If you look at the marketing, landscape we’re sort of at that same point. That’s going to be done through machines, that’s not going to be done by arms and legs anymore.”

Lord joined AOL Networks this summer from being global CEO of Razorfish and CEO of Publicis digital division. He tells Furious Minds CEO Ashley Swartz: “I’ve always known there is a way for technology to help the marketing industry.

“AOL gives me that platform to look at a technology stack in a very different way and bring efficiency to the marketing landscape in a way that I don’t think planners have at this point.”

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AOL’s ‘AdTech’ Unit Targeting Premium Publishers for RTB https://dev.beet.tv/2013/09/aoladtech.html Thu, 19 Sep 2013 10:21:34 +0000 http://www.beet.tv/?p=22207 COLOGNE — The emergence of real-time, programmatic online ad buying is usually seen as a race toward cheaper ad pricing and, therefore, appealing more to lower-tier publishers.

But, speaking to Beet.TV at DMEXCO, the CEO of AOL’s ad server business, AdTech, says he is hoping to appeal to bigger publisher brands, some of which are still keener on selling their own display inventory.

“In the premium business, you need to have a deep look in to what campaigns are running, what is the best to serve, what is the best pricing – tan then put it in to the RTB world,” says Erhard Neumann.

“We want to add new features on to our product to be ready for the next level, going in to premium and serving private exchanges.”

Speaking with Furious Minds CEO Ashley Swartz, Neumann also says the UK, Europe’s most mature online market, has led the continent’s programmatic push, followed by Germany – next for adoption are France and the Nordics.

Disclosure:  Beet.TV uses AdTech as its ad serving solution.  Also, this video was produced as part of our sponsorship of DMEXCO by AOL.

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Nielsen “Fueling” Real-Time Bidding for TV Planning https://dev.beet.tv/2013/08/nielsen.html Mon, 05 Aug 2013 10:10:39 +0000 http://www.beet.tv/?p=21424 NEW YORK – Nielsen is pursuing the growth in real-time bidding with new tools that help link programmatic buying to TV data, says Randall Beard, Global Head of Advertiser Solutions, Nielsen during an interview with Beet.TV.
“We are fueling programmatic buying and real-time bidding of digital audiences based on individual TV plans, so you can monitor your TV plan to see who hasn’t been exposed to TV and then drive your real-time bidding to only bid for those audiences in digital that haven’t seen your TV,” he tells Beet.TV. He adds that Nielsen has introduced those tools in only a few markets so far.
These days, advertisers are “drowning in data” but they want to know how to allocate spend across channels, and to measure ad effectiveness across mediums too. That’s why Nielsen is focused on measuring “reach, resonance and reaction” across screens using common measurement, he explains. For more insight into Nielsen’s measurement strategies to marry online to TV marketing, check out this video interview.
Beard was a speaker at the Beet.TV Video Advertising Effectiveness Summit held in New York last week.  The event was sponsored by Nielsen.
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TV Ads Could Soon Be Sold Programmatically, Magna’s Todd Gordon https://dev.beet.tv/2013/08/magna-gordon-tv.html Mon, 05 Aug 2013 10:06:49 +0000 http://www.beet.tv/?p=21430 The key efficiency new-wave digital media sales holds over TV is clear – super-targeting through addressable, automated and programmatic buying models. But TV ads could soon be sold using the same techniques.

“The technology to do that in digital display is a lot further along than in linear TV – but we believe that, over time, a portion of linear TV will be sold that way as well,” EVP of Interpublic Magna Global strategy unit Todd Gordon tells Beet.TV in this video interview.

“By using data to identify the right advertiser for a spot at a given time, the networks will be able to achieve higher yield for their inventory than the current methods of packaging that inventory.

“Most of their business will stay the same – but we think a significant portion of their business will shift to a model where audience quality is going to define the price more so than environment.”

Gordon was a panelist at the Beet.TV Video Ad Effectiveness summit presented by Nielsen.

Mediapost’s MediaDailyNews has a full write-up by David Goetzl.

What do you think? Could the TV industry, which often sells ads using broad demographics, adopt online sales technologies to address individual consumers?

Magna is the media buying agency umbrella of IPG Mediabrands.

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VivaKi’s Unkel: Patient Spenders Leading Programmatic Push https://dev.beet.tv/2013/07/chicago-vivaki-unkel.html Mon, 29 Jul 2013 12:56:47 +0000 http://www.beet.tv/?p=21358 The advertisers who are pushing out ahead in the new world of programmatic and automated online ad buying are those who are prepared to accept that returns will be generated only after initial outlay.

That’s according to the products and services VP of Publicis’ VivaKi digital group, Kurt Unkel.

“One of the fund challenges in the space is: ‘Is marketing an expense or is marketing an investment?’,” Unkel told Beet.TV’s Chicago programmatic video advertising summit.

“For certain types of vertical clients, it’s really clear how marketing is an investment – a dollar in is getting me five back … other clients don’t have a metric of that nature, a dollar out is a dollar out.”

For programmatic ad vendors, then, Unkel says a key consideration is: “How do I get to a measurement case that speaks to an ROI where clients realise a dollar here is dollar five there

“For clients that have that notion of an investment … they’re off to the races and doing amazing things.”

Unkel’s comments came as VivaKi’s operator, Publicis, agreed to merge with rival Omnicom, creating a holding company with a $35.1 billion market cap. AdExchanger speculates that the two groups might merge their Accuen and Audience On-Demand trading desks, which Forrester analyst Joanna O’Connell says says will continue becoming more integrated parts of their agency owners despite the deal

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Publicis, Omnicom Merger: It’s about “Big Data” says Maurice Levy https://dev.beet.tv/2013/07/publicis-vivaki.html Sun, 28 Jul 2013 23:20:14 +0000 http://www.beet.tv/?p=21353 In his comments about the merger of Publicis Groupe and Omnicom, Publicis CEO Maurice Levy explained advertising has reached a new era, where “Big Data” is driving how advertising is both created and delivered.   Explaining how marketing and media is being transformed by technology, he is quoted in the Wall Street Journal as saying:  “exponential development of new media giants, the explosion of Big Data…and profound changes in consumer behavior.”

Leading  the”big data” effort at Publicis is the Chicago-based VivaKi agency and its Audience on Demand unit.  Earlier this month in Chicago, we organized a leadership summit on programmatic video advertising.   In this 14 minute excerpt, Audience on Demand General Manager Chris Paul explains the growth of programmatic, or automated advertising transactions and how his company is enabling this trend.

Interviewing Paul on stage is Ashley J. Swartz, a New York-based digital media consultant and CEO of Furious Minds.  The event was hosted by VivaKi and sponsored by TubeMogul.

More on the role of adtech on this merger in this post by Forrester analyst David Cooperstein.  And here’s the take on the impact of the merger on agency trading desks by David Kaplan at AdExchanger.

 

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Rumors Of Cookies Death Are ‘Greatly Exaggerated’ https://dev.beet.tv/2013/07/chicago-exelate-cookies.html Sun, 28 Jul 2013 21:40:10 +0000 http://www.beet.tv/?p=21276 CHICAGO — New European laws, consumer revolts and unsupportive devices… these are testing times for cookies, the client-side files that transport user data to advertising networks. But 2013 may not mean the end of the cookie is nigh.

“The rate of which cookies are going away is greatly exaggerated,” advertising data group eXelate‘s chief marketer Khurrum Malik told this panel discussion during Beet.TV’s recent Chicago programmatic video ad summit. “Deletion rates are there – but cookies are still in bountiful abundance.

“Facts are facts – people are deleting cookies at a great rate … but there is the trend of utilizing first-party data mixed with third-party data … that’s driving accuracy in a better direction for cookies.”

In the discussion about data management platforms and programmatic ad buying, Vivaki’s Audience On Demand GM Chris Paul added: “So much of what we’re doing right now is a new way to get at an old problem … (but) I don’t think this shift would be happening if it wasn’t working.”

SpotXchange business development SVP Jeremy Straight added: “Publishers think of themselves as brands as well, they have to segment inventory in a way that makes it valuable to potential buyers.”

Watch the interview by Furious Minds CEO Ashley J. Swartz for more insights.

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AOL CEO Tim Armstrong: “Nothing is More Important” than Programmatic Ad Buying https://dev.beet.tv/2013/07/aolprogrammatic.html Wed, 24 Jul 2013 17:08:08 +0000 http://www.beet.tv/?p=21296 Programmatic buying and selling of advertising will be front and center during Advertising Week in New York when AOL presents an industry event called the “Programmatic Upfront” on September 23,  AOL CEO Tim Armstrong announced today in this video which we have posted below.

In framing the event, he says that “nothing is more important” to the growth of the industry then programmatic buying and selling of advertising. Joining him in the announcement is Bob Lord, CEO of the AOL Network, the advertising unit. He adds,  “automated buying and selling of advertising at scale will be the only way that TV budgets will move to digital.

Lord recently joined AOL from Razorfish where he was CEO.  Here is our interview with him last month at the Cannes Lions festival.

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TubeMogul CEO’s ‘Shocking’ Truth: Only Half Of Videos May Be Viewed https://dev.beet.tv/2013/07/chicago-tubemogul-wilson.html Tue, 23 Jul 2013 10:49:30 +0000 http://www.beet.tv/?p=21193 CHICAGO – Of the many pieces of data being brought to the video ad chain by software developers, amongst the most important should answer the question: “Is this video really being watched by a viewer?”

TubeMogul CEO Brett Wilson’s company has open-sourced code to let advertisers see what percentage of a video window is really in-view. But he thinks such data will soon make waves when it becomes more commonly available.

“I think, by the end of the year, you’ll start seeing some kind of standard around video viewability,” Wilson told Furious Minds CEO Ashley Schwartz in this taped interview at Beet.TV’s programmatic video advertising summit. “What percentage of video is viewable? We think it’s going to be pretty shocking once people start running these reports – maybe 50% of video right now is viewable.”

Such a number could spook many advertisers. But Wilson says the data will help distinguish quality traffic from poor.

“What happens when you roll out viewabiity is you expose the bad behaviour and the good behaviour. CPMs will go up for the best sites – big players that feel TV-like.” Losers from viewability data will include sites that try fooling the numbers by auto-playing videos in banners and playing third-party video, Wilson added.

Disclaimer: TubeMogul sponsored the summit on programmatic buying at VivaKi.

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Number Two to Google in Video Ads: Here’s How LiveRail Found its Groove https://dev.beet.tv/2013/07/liverail-brian-kane.html Sun, 21 Jul 2013 16:18:38 +0000 http://www.beet.tv/?p=21221 San Francisco-based LiveRail, a video advertising platform which helps publishers manage automated video sales, is now the second largest online video ad property behind Google (YouTube) with 2.3 billion ads viewed in June, according to the most recent report from comScore.

BrightRoll was a close third in video views served, but surpassed LiveRail in the total number of hours, comScore found.

Last week at the AdMonsters video summit in Manhattan, we spoke with LiveRail COO Brian Kane about the company’s growth, the booming sector and the expansion of the company via new products and international expansion.

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Kellogg’s Boosts Digital ROI to 6X with Real-Time Targeting, comScore’s Fulgoni https://dev.beet.tv/2013/07/kelloggs.html Fri, 19 Jul 2013 19:51:58 +0000 http://www.beet.tv/?p=21207 CHICAGO – Brand marketer Kellogg’s has seen its ROI for programmatic campaigns increase five to six times by optimizing them in real-time using comScore’s Validated campaign Essentials Measurement tools, says Gian Fulgoni, Executive Chairman at comScore, in an interview with industry analyst Ashley J. Swartz, CEO and Founder of Furious Minds, at the Beet.TV Programmatic Video Advertising Summit.

“What we provide for Starcom (Kellogg’s agency) is a system that provides them with a measure while the campaign is running of the frequency, targeting composition, and metrics that will help evaluate the campaign awareness and viewability,” he explains, adding that the marketer uses the tools in its programmatic buys to ensure the targeted ads are delivered most effectively, based on performance indicators such as impressions hitting the target, the targeting index and the frequency of the exposure, as well as branding metrics.

But precise targeting still faces challenges, Fulgoni adds. He points out that 30% of computers have their cookies deleted every month, which can lessen accuracy in targeting. Many machines are used by different people in a home, also throwing off the effectiveness of targeting. For more insight into challenges and opportunities in targeting, real-time buying and mobile advertising, check out this video interview.

Fulgoni was a participant in the Beet.TV Programmatic Video Advertising Summit hosted by VivaKi and presented by TubeMogul.

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TubeMogul’s Wilson: Private Ad Marketplaces Are Boon For Publishers https://dev.beet.tv/2013/07/chicago-tubemogul-wilson-2.html Thu, 18 Jul 2013 13:59:41 +0000 http://www.beet.tv/?p=21198 CHICAGO — Online private ad marketplaces are a boon for ad-selling publishers, despite what some think, according to the CEO of video at tech firm TubeMogul.

In this taped interview at Beet.TV’s programmatic video advertising summit, Brett Wilson said the marketplaces have created a new layer of mid-tier pricing: “You had your premium tier – where your direct sales force would sell $15-to$30 CPMs – and … then you’d have the bottom of the pyramid – $4 to $5 – you’re selling to ad networks.

“(Now) there’s this other level of pricing for a publisher that’s above remnant. For publishers, it can be a great thing – they can reduce their sales costs, they learn a lot, they can see who’s buying. this is why you’re seeing a lot more inventory become available – because it is working for publishers.”

Wilson was interviewed by Furious Minds CEO Ashley J. Swartz.

Disclaimer: TubeMogul sponsored the summit on programmatic buying at VivaKi

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