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M&M’s Blog goes behind the headlines to offer a running commentary on the business dynamics within the international media and marketing industry. The M&M editorial team joins forces with industry experts and local market heroes to balance a bird’s eye view of global trends with the importance of local insight.

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Online advertising

  • 2020: When online advertising meets mathematics

    22 April 2013

    A City or Wall Street worker of the 1980s who saw today’s financial markets would be, most likely, gobsmacked. For the most part, the ‘gut feels’ and instinct-based trading of yesteryear have been replaced by intricate computer-based financial modeling and statistical analysis.

    Similarly, looking ahead to the likely transactions, executions, insights and analytics of advertising buys of the year 2020, we see an equally seismic shift. Currently brands and advertisers are just scratching at the surface of what data has to offer. In seven years’ time, data – and its mathematical analysis – will rule the roost.

    By the year 2020, the skills of the ‘quant experts’ that financial markets have employed for many years will be used to transform the buying and selling of media. Sophisticated algorithms and forecast modeling will be widely used on both the demand and the supply sides, bringing down the cost of advertising and ensuring results will be quickly measurable. Gut feelings will give way to data provided in real time.  

    This type of forecasting, based on proven mathematical models, is the way of the future in digital media and is far superior to the ad-hoc sampling that is most prevalent in 2013. So what do brands and media agencies need to do now to prepare for this brave new world?

    The answer, of course, is data. Data is to media what location is to real estate. Simply put, it is the key right now to building an advertising environment that uses the amazing capabilities of algorithms to forecast and measure the value of every transaction.

    And so, media owners and advertisers should be taking steps right now to own all the data associated with their consumers. They need a safe, secure place to house that information, as well as the capabilities to derive insights and value from all facets and attributes associated with their business: audience profiles, device preferences and habits, environments, creative executions and performance. While at the same time, they need to educate consumers about the benefits of a more targeted, data-led approach and address their concerns – such as through initiatives like Your Online Choices

    In addition, we’re already seeing a significant level of fragmentation across multiple devices and this will only increase in the years ahead. As the industry grapples with the challenge of making money out of mobile and targeting consumers on multiple devices in meaningful and measureable ways, data and analytics become even more important. 

    The powerful combination of maths and data, algorithms and analysis, are critical to the three phases of advertising: pre-campaign forecasting and predicting; real time analysis of campaign effectiveness; and post campaign recommendations and insights. As the number and variety of attributes associated with all marketing campaigns continue to rise, and the measures of success on various devices diverge, the most advanced algorithms and analysis will be needed in order to define success. 

    By making mathematics and measurement - and data and analytics - central to their business today, publishers and advertisers will be set up for greater success in 2020. This means both also need to choose their partners wisely, as no company can hope to accomplish all this alone. Who, they should ask, can they trust to keep their data and their brand safe? 

    After all, many things will be different in 2020, but consumer trust in a brand will always be paramount. No amount of maths will change that.

    This article was originally developed for the Wharton Future of Advertising Program’s Advertising 2020 Project 2012-2013, wfoa.wharton.upenn.edu/ad2020

    By David J. Moore, chairman and chief executive, 24/7 Media

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Online, Data, Online advertising

  • RTB in Europe: 2012 in review

    09 January 2013

    2012 was the year that online advertising through real-time bidding (RTB) really started to take off in Europe with more and more big brands deciding to get on board with it. So much so, that the guys over at Infectious Media have pulled together a load of stats to create an infographic which gives you a round-up of all RTB activity in Europe during 2012, along with some predictions for what's in store for 2013. Check it out:

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Online, real time bidding, Online advertising

  • Boys will be boys... Or will they?

    18 December 2012

    It’s so easy to assume that boys will be boys when it comes to their online activities. However, Blinkx has recently uncovered some home truths about men in Britain looking at their online habits.

    While gaming and social media would generally spring to mind, surprisingly men are most likely to carry out research (79%), followed by (wait for it!) shopping sites (57%). Social media and gaming (50%) and online dating sites (12%) were the next most popular online activities.

    What’s interesting for marketers is that men actually prefer shopping online to visiting physical stores, and they also prefer online marketing to offline, with email messages (18%) and social media engagement from brands (18%) coming out on top as the most effective means to reach men. Telephone calls, on the otherhand, were least effective, with just 6% stating that it positively influences their purchasing decisions.

    Check out the infographic below for some more findings from the survey. Turns out, it’s good news for brands with big online marketing strategies.

    Comments (0) | Permalink

    Posted by: Jenni Baker

    Tags: Online, Shopping, Online advertising

  • Where next for online video advertising?

    12 December 2012

    The rapid growth of the online video sector continued in 2012, with more campaigns undertaken and clients seeing the medium offer real value. However, Adap.tv believes the industry must continue to push for further significant changes in 2013.

    Research carried out by Adap.tv indicates that there are three areas that need to be addressed in 2013 before companies begin to move their brand budget online. These reflect that ‘watching TV’ is being re-defined as more media is consumed on mobile phones, tablets and smart TVs, but brand budgets are still firmly rooted in traditional TV:

    Measurement: The way in which TV and online media is bought is currently very different, so online measurement needs to become more like traditional TV’s gross rating points.

    Quality: Advertisers and agencies will need assurance that the ads for their brands appear in the right environment and on websites that match the advertiser’s brand values.

    Price: The cost of buying TV advertising is traditionally lower than that for online. This issue needs to be balanced through significantly larger budgets being made available for quality publishers.

    As the online video advertising sector moves to achieve these changes, Adap.tv predicts the following for 2013:

    1. Viewable ads will become one of the key metrics
    2. The rise of smart TVs will see real interactive commercials appear
    3. TV and digital planning will become more standard
    4. Digital ads will begin to prove as effective as traditional TV ads
    5. There will be a greater collaboration between broadcast and digital teams
    6. The number of mobile video campaigns will increase as people watch more TV on their smartphones
    7. Verified viewability will become standard
    8. The number of YouTube and customised web-based channels will increase
    9. Brands will start to move more TV budget online to check its effectiveness
    10. There will be a rise in automated trading of online video

    This year we have seen a critical blurring of the lines between television and digital as the combination of catch up TV and new handheld devices continue to transform the way in which consumers watch television. The predictions for 2013 reflect these changes, and outline ways that the industry can tackle the challenges of the rapidly changing environment in which they operate.

    By Brian Fitzpatrick, managing director, Adap.tv Europe

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Online, Advertising, Online advertising, Video

  • Online brand-building means no more click-through

    23 November 2012

    For most of its still-young life, online advertising has worshipped at the altar of the ‘almighty click-through’. If the click-through rate (CTR) was high, says the logic, the ad must have worked. After all, people wouldn’t have clicked on it otherwise.

    That might be true for ads designed to sell products and services and thus present an immediate return-on-investment (ROI), but it’s not quite as solid a measurement for brand-building. In fact, the lack of brand focus in the past has had a trickle-down impact on everyone involved in digital advertising, from the agency to networks to publishers.

    When the click-through rules the roost it drives everyone to the completely wrong side of the funnel, where they focus solely on price to improve ROI. Demand-side platforms (DSPs) and ad exchanges have become a breeding ground for cheap inventory and cookie bombing and, therefore, have alienated premium publishers from their buyers.

    But finally, the tide is turning and companies are beginning to seek standard metrics that matter for brands. Thankfully, new brand measures are being promoted by a few leading companies and are helping those companies take a stand on behalf of publishers – a platform to educate the market on the value of quality inventory and well-branded exposure, within context, to a target audience.

    Viewable impression measures, where the ‘success’ of an ad is based not on click-through rates but on its view-ability and clarity within the browser window, are taking off. They’re giving marketers a standardised view of these creative metrics that highlight exposure, view time, and engagement, and then benchmark those metrics against the industry, category, and creative format.

    Crucially, this information will give marketers the confidence to shift more spend to digital – because they demonstrate that brand-building can work just as well online as offline.

    And brand-building marketers need a relationship with a credible partner. When trying to measure view-ability via the DSP, ad exchange, or supply-side platform (SSP), rather than directly measuring viewable impressions in browser windows, there is often a massive loss of fidelity due to unfriendly iframes and multiple inventory hand-offs. With such a complex ecosystem of technology lying between the advertising brand and the publisher, accurate measurement is a must.

    Therefore, to truly measure the impact for marketers and understand the quality of the creative execution, brands need a mechanism that is executed within the ad server or directly from the publisher's page. Using that type of mechanism promotes equality among the inventory being purchased, empowering the buyer and seller with information that can be used to fairly judge price, quality, and effectiveness.

    The industry needs a better set of metrics, capable of demonstrating more than just click-through rates, if it wants to drive more brands to spend more of their budget with digital media. It’s even more important if it wants to generate a genuine quality approach.

    by Larry Allen, senior vice-president, business development at Real Media Group

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Measurement, Demand-side platforms, Measurement, ROI & effectiveness, Online advertising

  • Ad tech and the art of the alchemist

    20 November 2012

    The traditional quest and obsession of the alchemist was to transmute lead into bright shining gold, a task in which they all ultimately failed. A similar scenario is playing out in the ad technology world as businesses claim the technologies they have developed for one clear purpose – monetising low value inventory – can become technologies for helping sell high-value, guaranteed premium inventory.  

    The premium world is crying out for technologies that can help save time, automate processes to eradicate manual approaches, remove complexities and ensure the whole process around buying and selling premium inventory runs more smoothly. The vast majority of technologies that have emerged in the last 24 months have been all about making things easier, more efficient and economically viable in the buying and selling of remnant inventory, and it’s high time the premium world starts to embrace the tools that have been designed specifically to support them.

    Remnant and premium inventory are very different. Buy-side solutions such as RTB have been designed to support the direct response side of the market, focusing on removing the human element and buying inventory at scale, impression by impression, at the lowest cost in an auction-based environment to deliver to the advertiser a lower CPC or CPA but a high CTR.

    Selling premium, on the other hand, is relationship led. It’s about creative solutions, not just standard ad formats; it’s about delivering advertising within a premium content and premium environment to ensure brands are not compromised (rather than targeting the right audience in a long-tail site), and its metrics are around areas such as visibility and interaction. While in the offline world, two-thirds of spend is around branding, in the online world this is flipped, with two-thirds being invested in performance.

    As a result, it becomes dangerous to try to package up what could be a quality product in one environment (quality being very much ‘fit for purpose’) and claim it is something else for which it has not actually been designed.

    Indeed, in a recent article in Adweek, Mike Shields takes this one step further by highlighting the fact that ad tech companies themselves have tried to morph their business models from being one thing to being something else and the danger is that this is breeding mistrust.

    Therefore, it’s important, when looking at businesses and technologies that seemingly can bring benefits to your business, to ensure they truly have been developed for your particular needs and have not been transformed into something they are not, simply to take advantage of the latest whim or industry focus.

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Multi-platform, Online advertising

  • Big spend on big portals won’t guarantee big ad returns

    13 November 2012

    Good times for AOL, who recently announced that its ad revenues have been the strongest in seven years - reaching a massive $340m. While there is no disputing the figures, which AOL attribute to simply getting more online advertising and search dollars from other brands and businesses – before handing over significant ad budget over to large portals like AOL, advertisers should think carefully about where they choose to place their promotions online.

    While big portals have long held the giant share of advertising spend online, we recently conducted some research with YouGov which actually found that these portals are losing their stronghold on consumer attention, with specialist sites now successful competing for users internet time and engagement. Essentially, the generic nature of big portal sites means they are no longer fully meeting consumer needs when online.

    Our figures put this into perspective – currently 92% of consumers say that they visit sites which are specific to their interests to find the information and content they care about online. Primarily, consumers believe these types of sites are providers of reliable sources of information and secondly, because they feature more interesting and engaging content.

    More importantly, the results found that due to the personal connection they feel with special interest sites, consumers have a more receptive mind set when visiting them and consequently, more likely to pay attention to relevant ads that are featured there – true for 39% of 18-24 year olds.

    Traditionally, advertisers have fallen back on the rationale that advertising on sites with the highest number of users will mean the probability of achieving cut-through, click-throughs and ultimately purchases, is also higher.

    However, as the research discovers, rather than defaulting to major portals for content online, consumers are increasingly also turning to and most emotionally engaged with sites which are specific to their interests – and this is precisely where advertisers should be trying to reach them. Marketers need to engage with audiences in their favoured contexts, which requires the labour intensive work of working with and carefully considering the importance and value of niche publishers. This labour can be taken away by aggregators who can manage the intricate complexity of dealing with many and various sites within a particular space as well as gauging suitable environments for different campaigns online.

    With the battle for consumer attention online showing no signs of slowing, the most effective way to reach consumers is when they are most emotionally engaged with the content they are viewing and most receptive to promotions. Ultimately, this might necessitate a shift in inventory by advertisers, away from focusing on large portals and giving more weight to those publishers who are able to meet specific consumer interests and needs. It is the role of intermediaries to manage that intricacy and headache for advertise and agencies, who have intimate knowledge of their vertical and the miscellany of increasingly proliferating online publishers that exist.

    by Spyro Korsanos, chief executive, Mediasydnicator

    Comments (0) | Permalink

    Posted by: Bloggers' Gallery

    Tags: Online, Advertising, Advertising spend, Online advertising

  • Hands up, who knows what SEO means?

    07 September 2011

    By Andrew Whitehair, managing director, Razsor 

     

    The internet is now so much part of our daily lives that we might sometimes forget how it has revolutionised the way we do business and the way we run our personal lives. Consumers have become increasingly connected and web-savvy, able to connect with brands through their computer, mobile or tablet device on their own terms. In order to be successful it’s important for brands to understand the digital world and its language. To help marketers starting out on this journey, here are some of the most regularly used terms in digital marketing that all too often aren’t explained:

    SEO: To drive customers to a brand’s website, ‘Search Engine Optimisation’, or SEO, is vital.  SEO is a process of improving visibility of a website in search engines, such as Google or Bing, via natural or unpaid search results. SEO considers what terms people search for and optimises a website and its content to increase its relevance to the keywords that individuals are searching on most frequently. This allows browsers to find and rank such websites higher than millions of other sites in response to a specific search query.

    Keywords: A great way to boost SEO rankings is to closely match words on your website, which mirror those a potential customer will use when searching for a product or service online. These words are known as ‘keywords’. Keywords need to be specific and chosen carefully, as if too many keywords are chosen you will dilute their significance and the impact on your search ranking. Relevant keywords should be included in the title of your website as well as in your description tag, as these are the first places the search engine will scan before indexing results and ranking them on its search pages.

    PPC: Pay per click (PPC) is a method of paying for response from search engines or social networks, where advertisers pay publishers for each click an advert receives. PPC is intended to drive traffic to your website by placing display advertisements on key segments of a site or on top of keywords  – by placing a hyperlink on the word ‘car’ in an editorial article on a website visited by your target audience. PPC is an easier, but more expensive form of SEO and should only be used to fill in gaps in existing marketing and advertising strategies.

    Comments (0) | Permalink

    Posted by: Martina Lacey

    Tags: Online, Online advertising, Search

  • SEO: Google’s Organic Search Sitelinks Offer Brands More Online Visibility

    30 August 2011

    by Doug Platts

    Brand marketers cannot afford to be passive in their online marketing efforts in today’s search culture. One of the most important aspects of today’s online marketing is in the search engine results page (SERP). Google Sitelinks are arguably the best feature to come to the search engine results page (SERP) for brands in the past 5 years. The evolution and growth of Sitelinks has been especially interesting for brand marketers to watch, and the latest changes to Sitelinks offers a very real chance for your brand to directly benefit in a big way.

    We cheered when they first appeared and for the most part cheered louder and louder up through where we stand today. The cheering came mostly out of the excitement stemming from being able to affect brand search results to some degree. The latest changes have given brands the gift of dominating the SERP for searches on their brand name.

     

    WHAT’S NEW

    Google rolled out an update, on August 16th, to the layout of Sitelinks as they appear within SERPs. These changes include:

    • The number of Sitelinks has also increased from a maximum of 8 to 12.
    • Sitelinks increased in size and now have snippets including a brief description and URL.
    • More pages are eligible. No longer limits Sitelink-eligible pages to those that are 1 directory off the root directory. Many more pages are now potential Sitelinks.
    • The amount of space given to a site within SERPs for branded searches has greatly increased with this change (iCrossing expects to see increased click-through rates for brand terms as a result of this change)

    12-PACK IMPACT
    In this situation less is not more. More is more.

    Until recently, the only pages that were eligible to be Sitelinks were pages that were pages 1 level down from the root directory. This blocked the possibility of seeing product-level pages appear as Sitelinks. This can get a site visitor deeper into your site where the majority of conversions occur.

    Users now have more options within your brand’s set of Sitelinks. A variety of additional mid-level pages can now appear as Sitelinks, which can be a strategic way to guide users toward category-level pages when these pages have proven to be strong performers.

    Internal Linking is now more important than ever. Descriptive naming conventions within anchor text and link attributes will be even more important to ensure accurate, useful Sitelinks.

    Search engines use your internal linking to determine the names of Sitelink results by determining what anchor text is used to point to the Sitelink-eligible pages. So if a Sitelink is appearing for a page you’d like to be featured but the title isn’t what you’d prefer, then look at your universal navigation files and modify the related anchor text in those files.

    Reputation Management is another business element that can be affected by smart use of Sitelinks. One application of this concept is to allow your site’s main Customer Service page to remain eligible as a Sitelink by not demoting it. If the Customer Service page is already a live Sitelink, you may want to keep it there. Sure, it’ll cost you one of the 12 Sitelink slots where you otherwise could feature a conversion-friendly page, but giving users easy access to customer service will win you some favor.

    It’s common to hear that people are fed-up by how difficult it is to find out how to contact a brand. Be the exception, sacrifice a Sitelink, and have a competent customer service staff to win over users for the long-term.

     

    Not getting your full brand coverage

    Whilst these new Sitelinks are appear for the majority of brands there are still some instances of where they are not appear, Where we have noticed this is when there is more than one domain that could be the primary brand domain for that query.

    For example DKNY has multiple domains, and so far Google has not determined which is the right brand domain to display Sitelinks for:

    Hugo Boss on the other hand does have the site links as there is no confusion

    Similarly where there is ambiguity around whether the search query is a brand term or not, for example ‘mac’ could be either the makeup brand or the Apple product

     

    I’m sure as Google analysis click-through data it will start to refine this updated and single out specific domains.

     

    WHAT YOU CAN CONTROL
    Brand marketers cannot control all aspects of Sitelinks, but Google does give us the ability to essentially block, or “demote,” specific pages from appearing as Sitelinks.

    Your Google Webmaster Tools account (sign-up here) gives you access to a list of pages from your site Google considers eligible to be a Sitelink. Even though you cannot choose which pages will appear, you can affect which page will not appear.

    In the past, Google has had the policy of allowing one block per page without the possibility of reinstatement. That no longer is the case as demotions can be turned off to allow the page to once again be eligible to appear as a Sitelink. This is an excellent opportunity to take advantage of seasonality changes in the popularity of your pages. While you can’t explicitly choose a Sitelink, you can demote pages that aren’t vital to your business goals in the current season. Google doesn’t guarantee that it will follow your wishes, and it can take time to see the changes live in search results, so we don’t recommend making drastic changes on a frequent basis.

     

    EARLY RESULTS
    Here at iCrossing, we’ve taken a look at the brands of our clients to see if more or less traffic is going to their sites from search engines since the change to Sitelinks, and they are definitely showing a significant uplift in organic click-throughs for traffic across the board.

    Any increase in organic search traffic begs the question of how branded PPC results might be affected by this change. Initial iCrossing PPC findings are forthcoming soon, but you should consider the specifics of your current  branded efforts and evaluate performance before and after this launch.

    Traffic increases are great, we’re all for them, but these surges don’t mean much if a quality site experience is missing on the other side of the click. Trends such as Google Sitelinks still require foundational best practices for your brand’s website. Take some time to examine the user experience on the pages that are eligible to appear as Sitelinks. Some fine tuning could unclog the pipes of traffic coming your way.

    Sitelinks should give you a great start by getting users to deeper pages more quickly, but it’s (as always) up to you to close the deal.

    This post was written by Doug Platts, head of Natural Search at iCrossing.

    Comments (0) | Permalink

    Posted by: Juliet P. d'Arguesse

    Tags: Online advertising, Search, Google

  • Cooking up brand awareness

    04 August 2011

     

    Online advertising is great at driving direct response - fact. However, this ‘killer app’ has often been its Achilles heel, as it fails to deliver on the requirements of the brand marketer, where awareness and uplift are more important metrics. This is one of the reasons why brands have been slow in embracing digital and have not invested the marketing budgets they could have online.

    However recent research indicates that this may no longer be the case and I believe brand marketers should be reassessing the potential of online advertising.

    The IAB, in its quest to tackle this misconception, announced its latest findings based on research in conjunction with GfK and Nestlé. The research explored how online advertising compared against TV and social media in driving brand awareness for the Maggi so Juicy cooking sauce brand (a brand I’m personally not familiar with but I’m told is available in all leading supermarkets).

    A key finding of this was that online generated an uplift in brand awareness of 7.8%, compared with just 4.1% generated by the box in the corner of our living room. Online was also much more cost-effective in terms of both percentage uplift points and reach.

    This follows on from earlier research the IAB carried out around the launch of Starbucks Via (its take home brand of coffee) which again highlighted online delivering substantial incremental reach, uplift in brand metrics based on frequency of exposure and the ability to build awareness cost effectively.

    All very compelling for brand advertisers I think you’ll agree.

    Other branding studies in Europe by companies such as MediaMind (formerly eyeblaster), comScore, Carat Insight and United Internet Media, as well as findings from AudienceScience in the US, simply add to the proof that online display advertising does have a significant impact on consumers’ brand awareness, perception and purchasing habits.

    It’s still early days,  but with a growing body of proof and an interest in developing appropriate online branding metrics, it may well be marketers have under-valued the role online advertising can play in building brands and should be re-visting where it fits into in their communication strategies.

    Comments (0) | Permalink

    Posted by: Stuart Colman

    Tags: IAB, Online advertising, Display, Branding