It’s no longer sufficient for food and beverage companies to lump African-American millennials in with the rest of the generation, according to a new study by Viant Technology. To be the most effective, marketing must be targeted through insights about their dining preferences, purchasing habits and media consumption, the study said.
A majority (82%) of marketers said TV viewers’ second screens and clutter are hampering TV ad campaigns, according to a survey by ad tech company Viant. Viewers are engaging with their devices as much during TV shows and commercials as they are during the 30-minute window before and after, Viant data show.
For advertisers (and agencies who represent them), it’s time to even the playing field by having your DSP work harder for you. The time has come to stop overpaying for inventory and allowing publishers and SSPs to take advantage, writes Viant’s SVP of Platform Automation & Analytics Steven Ohrnstein.
In the season of year-end list making, the people-based advertising technology company, Viant has come out with it an interesting list: one that studies frequent movie goer patterns and classifies them among race and ethnicity-based consumer groups.
A holistic video approach has been held back because the ecosystem has been splintered, but by combining the best data sources with the best inventory, marketers can execute a campaign that is measurable, scalable, and highly effective for building a brand today, writes Viant’s CRO Jeff Collins in EContent Magazine.
“As more advertisers develop DOOH campaigns, increasingly diverse inventory formats will be made available, as well as more advanced methods for capturing insights on purchase behaviour and cross-device usage. DOOH will be key for retailers aiming to drive in-store foot traffic and use data to inform their cross-channel campaigns,” says Viant CMO Jon Schulz in ExchangeWire.
“The challenge here for advertisers is that TV viewers might be physically present while commercials air, but not fully mentally present,” Viant found. To combat this, marketers are now working to develop strategies to engage these second-screeners through mobile apps and play-along content, such as “Deal or No Deal Live.”
Given the limited availability of quality inventory, as more advertisers want viewable impressions, competition increases and price move up. Increasing the scale of this pool is one of the biggest challenges facing advertisers today. So how do we solve for these issues? Viant’s CTO Fabrizio Blanco reveals.
As programmatic matures, the business model must change to keep up with the times. Advertisers will migrate from the pay-as-you-go percentage-of-spend tech tax to new models, such as long-term subscriptions, writes Viant’s CRO Jeff Collins.
An announcement this week by Adelphic highlights new forms of retargeting, attribution, real-world based audience targeting and multi-channel coordinated campaigns.