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EventsTrendsUncategorized

The Curator’s Guide to Dmexco

September 1, 2016 — by MediaMath

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It’s that time of year again where over 30,000 adtech professionals from all over the world will gather in Cologne, former capital of Germany, for what has become known as the “hotspot for digiconomy” at Dmexco. Attendees and presenters will discuss the latest trends and innovations, strike direct deals, make lively presentations, gather new knowledge and, most importantly, take part in valuable networking opportunities.

We at MediaMath are very excited to have a large booth presence once again at Dmexco for the third time in a row in the much sought-after Hall 7, alongside major industry names like Facebook and Google. In addition, we are excited to have audience partners that we work closely with as our co-sponsors as evidence of our commitment to collaboration and joint differentiated solutions. Our global data partners, Eyeota and VisualDNA, will be sharing space with us during our two days there. We are looking forward to hosting Listen & Learn presentations with both of them, as well as one of our key B2B data partners, Bombora. We will also be hosting a joint party on Wednesday evening with VisualDNA. Be sure to stop by our booth to enjoy some of these activities and meet our regional teams, as well as learn more about our upcoming, exciting global initiatives.

In order to prepare you for what can be a very overwhelming two days, we’ve come up with our top three tricks, with a few insider tips thrown in, to help you get the most out of your Dmexco experience.

Plan Ahead

There is a smorgasbord of different and interesting content from 950+ exhibitors spread over almost 90,000 square feet. Narrow down what you want to learn most about, and commit to that.  Set up meetings beforehand where possible since schedules over such a limited time can be challenging. Post on LinkedIn to let others know that you will be attending to expand your networking possibilities.  Insider tip: Download the Dmexco app, which is available a few weeks before the event, and familiarize yourself with the event schedule, presenters and overall layout.

Make sure to mark down presentations and talks for which you want to be present, and ensure you are in that area a good 10 to 15 minutes beforehand to get a spot with good visibility. Insider tip: Be sure to bring a cellphone charger, enough business cards, extremely comfortable shoes, wifi booster and a big smile.

Navigation is Key

Get there early on Wednesday to familiarize yourself with the landscape, but not too early. The entry queue is longest at the start of the morning, so go just a little later to miss the crowds. Insider tip: Make sure the QR code on your ticket is easily accessible on your phone or print out your ticket for a smooth entry.

The distance between halls and aisles can be deceiving. Give yourself at least 10 to 15 minutes time to get from one point to another. It is not unheard of that many coveted meetings are often missed or shortened drastically because of simply getting lost.

Pick up maps, find booths to serve as landmarks, note where the bathrooms are and remember that food lines can be long at peak times. Insider tip: The queues for food and drink are shorter at the outside food trucks between the halls than in any of the inside areas.

Also don’t forget to figure out how you will be commuting to the convention center ahead of time. The train is a much better bet over taxis since there never seem to be enough each year to cater to the crowds.

Social Networking For the Win

As with any conference, there are many social opportunities and nighttime parties. Many exhibitor booths host happy hours onsite on Wednesday evening and others host dinner and drink events all around town. Often these present additional networking opportunities in a non-pressured environment and provide a chance to strike up unexpected conversations. Insider tip: The official and unofficial Dmexco parties both always gather a very large crowd and are executed well in terms of venue, music and ambiance. Even if loud music or crowds are not your scene, it is an eye-opening experience that should be checked out at least once. Accept the fact that you will have later nights and that sleep can wait till you are back home.

Cologne itself is a charming city with a stunning cathedral that absolutely has to be explored and beautiful bridges all over. Take some time to sightsee, have some traditional German bratwurst and visit a beer garden or two.

Finally, don’t forget to find at least a few minutes to dwell on the fact that you work in such a vibrant and fast-paced field that allows you to network on such a global level. Insider tip: Make sure you post at least once on social media to make your friends jealous…..#Dmexco2016

We look forward to seeing you on Sept. 14th and 15th in Cologne in Hall 7, Booth D-109/E-108!

EventsTechnologyTrendsUncategorized

Joanna O’Connell: Machine Learning is an Underlying Trend of Programmatic

August 25, 2016 — by MediaMath

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This article originally appeared in the French publication Viuz from an interview held with MediaMath CMO Joanna O’Connell at Cannes Lions. It has been translated into English below. 

What does MediaMath do and how do you differentiate from your competitors?

MediaMath was founded in 2007 and, since the beginning, our goal has been to revolutionise traditional marketing in a mobile and data-driven world. We provide marketers with the best tools to take advantage of this new world. Marketers should now be able to engage with their consumers wherever they are. Programmatic is process automation and real-time decisioning using data. Programmatic started with ad exchanges back in 2003, but, by nature, algorithms and Machine Learning can be applied to all marketing.

A key point in our differentiation is to build transparent products for our users. Transparency should be for prices, placements, value chain and data. Transparency is crucial as it enables marketer to learn, to be smarter. We think that black box solutions are not ideal for marketers, who need to learn day after day, to make the right decisions.

Another point of differentiation is that we are only buy side; our clients are buyers, only buyers. This is a key element for us. We are different from some of our competitors which serve both buyers’ and sellers’ goals. All our products and innovations serve buyers’ needs, which makes us more credible towards our clients and partners.

Fragmentation / consolidation: What are the market trends?

Fragmentation and consolidation will continue simultaneously. New start-ups and more traditional companies will diversify in this market. We live in an evolving world, and that’s particularly true for the world of marketing. There are now connected fridges, which send and receive data, which makes them media. Another example: TV. Addressable TV is becoming more and more popular, with applications such as Apple TV or Roku that connect TV and change the market. This creates complexity for marketers.

Another fragmentation aspect is about usage. In a fragmented and cross-channel world, cookies have become a problem. Tracking and understanding the user’s behaviour across devices has become very challenging. The ability to track both cookie and cookieless scenarios using both probabilistic and deterministic approaches is the way forward to get accuracy and scale in identity management.

Are marketers and agencies ready to embrace programmatic?

In the US market, at the beginning of programmatic, agencies were reigning and were the experts. Advertisers came with a brief and agencies took the decisions regarding technologies, publishers and optimisations. With programmatic development and its growing impact on the business, advertisers now have more power. Brands want to internalise more and more of this expertise.

This has many implications. Advertisers become more and more embedded, would like to become specialists and recruit teams. It’s particularly true for big advertisers, and I think they can achieve this. The questions is: To what extent do they want to internalise and with which level of complexity? The necessary condition, of course, is to invest in resources.

Between two extremes (complete internalisation and externalisation), there are many intermediary solutions. For instance, marketers can be involved in choosing their technology providers, but still have their campaigns managed by agencies. Agencies are continuing to develop programmatic excellence and will be key strategic consultants for brands.

What does mobile change? How do marketers tackle this new device?

There is important growth in mobile, as well as video, and there is huge potential. More than 50 percent of impressions we see in the world are mobile. Display impressions (without video) only stand at 38 percent.

Two elements are key. First, we need to respect mobile ad units and leverage their unique assets (ie: geo-location). Then, we should not forget user experience. The mobile strategy should be consistent with the overall marketing strategy. It’s not only about delivering the right message, at the right moment to the right user, but also with the right format. The mobile ad should not damage the user experience. Sometimes an ad has to be disruptive, but it should not intrude into the user’s life. Overall, mobile advertising is efficient, but there is still room for improvement, such as better integrated ad units, to be even more powerful.

How can Machine Learning algorithms enhance advertising?

At MediaMath, we have been developing our algorithm “The Brain,” which is based on Machine Learning, for several years. We have an entire team dedicated to its development. On one side, The Brain is dedicated to marketers’ goals, such as increasing ROI. On the other side, The Brain estimates the price of each impression based on the competitive dynamics of the marketplace as a whole. Both sides determine the best impressions to bid on, as well as what price to bid.

Our work on Machine Learning is central. In a complex environment, with real-time decisioning, it is necessary to understand what the right signals are and how valuable they are. Those algorithms need to be smarter over time and should be able to learn by themselves. One application is multi-touch attribution. Marketers shouldn’t use the “last-click” model anymore and should evolve to a more complex model enabling the understanding of the true impact of each channel.

EventsTrendsUncategorized

Rio Olympics 2016: 3 Key Marketing Highlights

August 18, 2016 — by MediaMath

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The 31st Olympiad will draw to a close this weekend. Amidst the triumphs and turmoil, there has been the mainstay of marketing by key sponsors. Here are some of the advertising highlights of the Rio Games.

1. A shift toward digital and social-media marketing

The Wall Street Journal described the presence of major Olympic sponsors at this summer’s Games as “subdued.” Big brand splashes like bus advertisements and billboards have been reduced to smaller logo placements and branded areas. One of the reasons, according to Michael Payne, former director of marketing for the IOC, is that more brands have opted to shift dollars toward online and social media marketing, leading to a less visible marketing presence at the Games themselves. Here are a few examples:

2. Olympic ads that aren’t

An Under Armour ad featuring US Olympic swimmer Michael Phelps with the theme “It’s what you do in the dark that puts you in the light” is the fifth most shared Olympic ad ever. Or is it? The ad was technically released a few months ago (in fact, it won an award at the 2016 Cannes Lions International Festival of Creativity in June) and makes no mention of the Games. The ad is part of Under Armour’s “Rule Yourself” campaign and has been a deft way for the brand to capitalize on the Olympics without breaking the International Olympic Committee’s stringent Rule 40.

3. Pre-Olympics campaigns

Gareth Davies, head of digital and insight at WE, said in a MarketingWeek article that the brands who have seen a lot of engagement have launched marketing campaigns before these Games, namely on social media, to get people’s attention. He pointed to Samsung, Coca-Cola and Bridgestone as prime examples. For Samsung, who has had its praises sung for “The Anthem,” the brand’s executive VP of global marketing for the mobile communications business Younghee Lee said the ad represents a change from its previous marketing focus on technology towards how people’s lives can be changed through technology.

Rio Olympics by the Numbers

  • 11: Worldwide sponsors
  • 37: Competition venues
  • 42: Number of Olympic sports
  • 205: Countries represented
  • 306: Number of events
  • 11,384: Athletes
  • 10 Million: Tweets about the Olympics since the Opening Ceremony
  • $2 Billion: Net advertising expenditure boost to the global market from the Summer Olympics

What kind of Marketing Champion are you? Click here to find out.

EventsTrendsUncategorized

Do You Have What it Takes to be a Marketing Champion?

August 1, 2016 — by MediaMath

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The 2016 Summer Olympics will get underway on Friday, showcasing the talents of elite athletes from over 200 countries in 42 sports in 306 events. To celebrate this global event, MediaMath today launched a Marketing Champion campaign that ties the personas of athletes in certain sports to critical trends and issues in the marketing landscape today. Click on the images below to see what type of Marketing Champion you are!

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D_Swimmer_MarketingOlympian

D_Gymnast_MarketingOlympian

 

AnalyticsEventsIntelligenceTrendsUncategorized

Make This Your Best Back-to-School Season

July 20, 2016 — by MediaMath

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The back-to-school season is one of the biggest retail events in the US—in fact, the $68 billion industry comes second only to the winter holidays in terms of spend. Back-to-school shoppers in 2015 planned to spend an average of $630, with most of the spend going toward apparel and electronics, according to data from the National Retail Federation’s annual back-to-school survey. To help marketers capitlize on this popular shopping period, MediaMath analyzed 110 campaigns from previous back-to-school campaigns to see what trends and performance results stand out. Some highlights of our short guide include:

  • 30% of conversions happen in two weeks in August
  • Consumer goods and clothing and accessories make up 65% of all campaigns
  • Back-to-school and mom segments vastly outperform college segments

To download the full ebook, click here.

EventsTechnologyTrendsUncategorized

Transparency Across the Industries Of Advertising

July 6, 2016 — by MediaMath

In late May, MediaMath attended AdExchanger’s Clean Ads I/O 2016, an annual event that brings together members of key advertising industry trade associations to talk about the challenges inherent in transparency in advertising and brainstorm solutions. Our CMO Joanna O’Connell moderated a panel called “Transparency Across The Industries Of Advertising” with Bob Liodice, President & CEO, Association of National Advertisers, Nancy Hill, President & CEO, 4A’s, and Randall Rothenberg, President & CEO, IAB. Watch the full video here.

DIGITAL MARKETINGEventsMediaTrendsUncategorized

Monthly Roundup: Top 5 Most Popular Blog Posts for June

July 4, 2016 — by MediaMath

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Another month has flown by. Another blog roundup is due!

In light of the Agency Whitepaper launch with the CMO Club last month, readers were drawn to our coverage on driving business outcomes for brand clients and the future of programmatic in the agency. We also got share stories about MediaMath’s presence at this year’s Cannes Lions International Festival of Creativity! Check out our top 5 blog posts below:

• #1 Amnet and MediaMath Talk the Future of Programmatic in the Agency

• #2 14 Facts About What CMOs Want from Agencies 

• #3 Whitepaper with The CMO Club: Evolving Your Agency Partnership Model to Drive Programmatic Success 

• #4 6 Million Americans Will Take an Online Class This Year. Here’s Why. 

• #5 From Cannes First-Timer to Cannes Believer 

DIGITAL MARKETINGEducationEventsMediaPROGRAMMATICTrendsUncategorized

Elevating the Educational Conversation at Cannes

July 1, 2016 — by MediaMath

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This year marked the first year for the New Marketing Institute (NMI) to have a physical presence at the Cannes Lions Festival. We couldn’t have asked for a better experience — whether it was through good conversations, speakers, panels and workshops — we were able to connect with a diverse audience who shared our commitment to adtech and education.

Cannes first timers, Elise James DeCruise, VP and Founder of NMI along with Debbie Taylor, NMI EMEA Lead, joined the wider MediaMath group for some EXTREME networking.

For anyone reading this who has not attended, the festival is huge and can be a little overwhelming. There is so much to do and so many workshops to attend. All the way down La Croisette (the beachfront) are branding and work (rosé drinking) spaces, sponsored by key players, including some fairly swanky yachts. Thank you, Mr. Murdoch!

The Palais de Festival is where all the main content happened. Many high profile personalities gave talks and sat on panels throughout, including Gwyneth Paltrow, The Fat Jew, Amber Rose, Blac Chyna and Martha Stewart to name a few. The lifestyle entrepreneur even divulged the fact that she took up ceramics while serving five months in prison, making a very beautiful nativity scene!

We had a booth at the very cool “Innovations Centre,” where brands, start ups and educational folks got together to see what’s new, what’s hot and ultimately, share ideas. Each day brought awesome speakers to the various stages. They covered a breadth of topics, like how to make video content engaging and meaningful. Harvard Business School talked about technology and its impact on education and the future. The space was designed to be a hub for creativity and how to move our industry forward collectively.

We were fortunate enough to meet with a number of interesting people at our booth who undertake all sorts of different roles across our industry everyday. And all sharing a common problem: education and the gap we have in this particular space. NMI are solving for a very real need and as we shared our story at Cannes, we saw faces light up! We took a LOT of new contacts into our database. Everyone was on the same page, understanding the complexities of this industry and all the nuances that come with it. What this means is we cannot navigate it alone, nor can we work in silos.

What became apparent in our many talks with brands and agencies across the industry — from globally recognized to smaller set ups — was how excited folks were when we spoke about our offering. Including the way NMI is solving for the talent gap through our Marketing Engineer Program (MEP). MEP is where we train and place individuals interested in learning about the ecosystem and the technology that underpins it, placing them in full-time roles at brands, agencies and technology partners.

Our ability to meet the learner where they are in location, learning style and experience was also a hot topic of conversation. For example, if you are doing business in London and EMEA, US stats and figures are great but not as helpful as what’s happening in your market. Additionally, accessible online bite-sized information is a major factor when you’re trying to stay on top of the latest trends in our ever changing industry. We get that.

All in all, NMI at Cannes was incredibly valuable. It gave us a fantastic platform to be able to tell our story and everyone loves a GREAT story, right?! Here’s to next year…

EventsTrendsUncategorized

From Cannes First-Timer to Cannes Believer

June 27, 2016 — by MediaMath

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I’ve just returned from my first Cannes Lions and I find myself coming home totally inspired.

With attendees ranging from programmatic marketing technology leaders like us to powerhouse agency groups like Omnicom and Dentsu Aegis to the biggest brands in the world including Dell, Estee Lauder, AT&T and more, Cannes was a melting pot of perspectives and ideas.

The week started with a bang in the form of a MediaMath/Neustar co-hosted “marketing leaders” lunch where an intimate group of brands, agencies and technology providers participated in a discussion that I facilitated. I had the privilege of leading a conversation with the Chief Digital Officer of American Apparel, Thoryn Stephens, who took the group through his own professional journey (including building out a proto marketing technology stack for his own small business back in the early 2000s) and laid out his multi-tiered approach toward managing and growing American Apparel’s business. The key, it was clear, is a strong understanding of data—how to gather the right stuff, how to organize it, how to analyze it, how to use it to one’s advantage. A core goal for Thoryn is to move consumers from the world of totally anonymous into the world of the “known,” where they are recognizable, understood and easy to communicate with. Marketing gold. Questions abounded. And that was the best part—all the healthy discussion that was born out of an inspiring conversation. Marketers learning from one another.

I made a point of attending the always popular “agency trading desk” panel hosted by Rubicon Project the following day, where a group of senior executives fielded questions and waxed poetic on the state of the state. More compelling, though, was what followed: a guided discussion between research analyst Brian Wieser and AAAAs president Nancy Hill on the subject of agency/client relationships in the wake of the highly anticipated K2 report’s recent release. Tensions remain high, disagreements are wide-ranging and frustration is being felt on all sides of the debate. What’s clear is that there are some forcing functions, like this report, that are opening to the door to healthy, and clearly necessary, conversation among agencies and marketers. The two need each other—how to work as partners moving in the same mutually agreeable, and beneficial, direction is the critical issue.

I also had the great pleasure of spending some time late in the week with leaders from Merkle, consultancy Unbound, Google, ESPN and CBSi (among others), where I was reminded of the power of unfiltered conversation among data-driven marketing ideologues. I choose that word purposefully because, and I truly believe this, there is some zealotry required to truly change an industry. It takes people willing to push norms and question conventional wisdom to get us there. Being a bit of a programmatic marketing zealot myself, I was among friends! We debated the challenges and opportunities that present themselves when helping our shared clients connect the dots between marketing and advertising technologies, moving to a common foundation of identity and powering marketers’ CRM databases in media environments. We found that we tend to agree more than disagree.

I polled some of my other MediaMath colleagues who attended Cannes to see what inspired them about the event:

Joe Zawadzki, CEO

I was personally part of great sessions with some of our global agency partners at Cannes. The bottom line is that all are transforming themselves from programmatic-as-line-item to a multiplexing of roles, each with clear client value-add and transparency. The way out of opaque “trading ops” as the totality of the trading desk role and into programmatic / data-driven / quantitative marketing is through audience management, supply chain restructuring, systems integration, below-the-line marketing—not just advertising—use cases.  We are ready to support these evolving roles, and I’m excited about the work we can do together.

Dave Reed, Managing Director, EMEA

-Large brands are innovating and bringing digital measurement and planning into their DNA. The move is from 12 months of planning, buying and measuring based on econometric modelling and lagging-indicators, to planning and buying based on short-cycle measures on and offline to better deploy digital marketing in real-time.

-There is some discomfort with the sharp rise in size and number of walled gardens, which is leading marketers, publishers and agencies to develop more open supply, data and measurement ecosystems where they can retain more value on their media investments.

-In Europe, the flight to quality inventory and use of first-party data remains strong, with interest in “zero-remnant” programmatic supply chains that marry premium media opportunities to high-quality audiences.

Elise James-Decruise, VP, New Marketing Institute

Everyone has a story to tell their first time in ad tech very much like their first time at Cannes. Both experiences can be overwhelming if you try to navigate them alone. Being comfortable being uncomfortable is a forcing function to learning and getting the most out of your experience in a place like Cannes or the industry at large. It was amazing to take the time to meet new people in the industry and learn how they navigated it successfully—from new grads, to traders who evolved into more senior roles to the C-suite trying to skill up their teams. In our conversations with brands, agencies and tech partners, a common thread among all of them was the importance education plays—more specifically, the role that language translation, localized content and the ability to adapt content to someone’s learning style in a timely way plays in their ability to absorb and retain information on old and new concepts. Whether you’re a newbie or a C-suite professional, getting the most out of your educational experience is simply showing up, being present and being a curious learner.

The most rewarding part about being at Cannes was elevating the conversation around education in this complex industry as trusted advisers and really talking to people who influence those decisions within various organizations globally. Plus, I got to take selfies with Wyclef and Flo Rida and meet Martha Stewart, who all know the power of story-telling and meeting the audience where they are.

For me, the ultimate opportunity remains: How do we put the pieces together? How do we take powerful data, great technology and smart people and connect the right dots to power fully integrated programmatic marketing, where the marketer realizes business returns and the consumer has a great experience? How do we make it happen in the real world?

I spent nearly a week surrounded by brilliant, energetic, thought-provoking people, and I came home ready to take on the world. Now that I am back at my desk on this Monday post-Cannes, it’s time to make things happen!

EventsTrendsUncategorized

5 Inspiring Tweets from Cannes

June 24, 2016 — by MediaMath

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Cannes is a celebration of creativity and innovation. As panels, presentations and awards ceremonies took place this week, social media was abuzz with the highlights, key themes and inspirational quotes. We’ve stacked up our Top 5 favorite tweets below and paired them with a POV from some of our key MediaMath spokespeople. We’d love to here your thoughts, in the comments or on Twitter, on what your favorite social media moments were at Cannes.

“You can have lots of data and still be terrible at marketing, it’s about how you understand the data. Marketers are looking for the most help in making sense of the data, and that requires a mix of humans and machines.” — Joanna O’Connell, CMO, on MediaPost

“You have a bunch of processes that are scalable, such as buying broadcast TV, and then innovative programmatic methods that lead to far more precise and more efficient audience targeting. How do you keep your feet in both camps?How do you make innovative things scalable and scalable things innovative?” — Joe Zawadzki, CEO, on LiveRamp

“Focus on what good advertising looks like. Don’t get caught up in the latest technology, approach, bright, shiny object. You’re a consumer, too—what types of advertising appeal to you? What is the visual, what is the message, how do you respond differently depending on channel and device? Apply this mindset to your customers, with the aim to delight them. Programmatic should be in support of these things.” — Joanna O’Connell, CMO, on CampaignAsia

“A lot of marketers are “doing mobile” — but as part of something else as opposed to making “everything else” a part of mobile. Approaching it this way means failing to do mobile with intent and purpose in a world that’s completely driven by mobile.” — Michael Weaver, Senior Director, Product Strategy, Growth Media, on iMediaConnection

“As companies grow—especially in the technology sector—it’s important for them to balance the need to maintain what’s been built with the need to encourage new ideas and innovations. Growth requires structure, process, and discipline to operate the business in a stable way, but also requires the organization to think creatively—even disruptively—about new problems that emerge.” — Ari Buchalter, President, Technology, on Fortune