An incredibly joined up BCG study between ZO, Performics and VivaKi focused on the benefits of a unified platform and advanced targeting. A combination of strong partnership and strategy achieves very strong results.
I have always liked technology, I had an iPaq when others had paper diaries, I wasted time with a ZX81 when I should have been out making dens and more recently I bought a Pebble watch when others wait for the Apple Watch or ignore the whole thing. I read a lot about the Pebble online before I bought it, and I have to say overall the reviews were positive. I have now lived with it for a month and decided to share for anyone else who is considering buying one.
The first thing to say is it seems to work better with the android devices than the Apple ones. The Android companion app is better as well. The second thing to say is that I have noticed just how the general population is not at all hooked up to this tech and/or interested. Finally I have realised that wearing two watches is strange and so if I am going to give up my Omega it needs to be for a bloody good replacement.
I only bought the watch to fill in the tech gap until the Apple watch which I am certain is going to be a game changer, I believe it will create a market like the ipod did, and the reason I think that is because the Pebble gives you a glimpse of how a wearable device like this could improve day to day without actually delivering entirely.
My biggest disappointment? – you can only hook up one device at a time, I missed that in the reviews and was the greatest let down. Many of us carry multiple devices and we cant watch them all so having a wearable device help you not miss what is happening on the second or third device would have been useful. The connection to the iPhone is buggy and is hard to connect, it should be much simpler, this becomes irritating but once it is connected there are some nice benefits.
a) I don’t miss calls so much – don’t tell people though, they will know you are ignoring them
b) One small thing I had not considered but like is if your phone goes off in your bag or somewhere embarrassing, a quick touch of the button on the watch and you switch it off with out too much fuss
c) It does have a good golf GPS and Runkeeper App which hooks up seamlessly to the phone
d) If you receive a text, Whatsapp message etc you can delete from the phone via the watch and not go into the phone to do it.
There is more, lots of Apps which I have not explored too much as they all seem very basic. In fact that is the issue for me. It is like going back in time when you buy this device. The world has moved forwards to much to have buttons and not touch screen, to have black and white instead of colour. The phone is just not clever enough. Why does it need to be clever? well the main reason is that the Pebble does not replace enough functions of the phone and so the phone remains close at all times. If the phone remains close at all times then I agree with the sceptics who say it would be quicker to just pull out your phone rather than fiddle with the watch. However if you have a watch that can reply to texts, talk, listen, swipe, watch, find and so on and so on then you would leave your phone in your bag or pocket a lot more and if we do that we spend more time looking around us and at other people. That can only be a good thing.
So would I recommend the Pebble? No. Just more hassle with limited upsides. Just wait for the Apple watch which is coming very soon.
I am sure there is a name for us, those people who have traversed the pre and post Internet eras. It is with great amusement that I see the reactions of young people in my business when I tell them that when I started out in my career there was no internet or email. It is quite something that in my career of 18 years we have gone from no internet or email at work and lets face it limited mobile phone usage to the Apple watch.
So what impact has that had on our lives? We have imperceptibly been on a technology creep around work that has blurred the lines between work and home, work and family and without being able to identify when or how it started. It got me thinking about the new starters who are immediately looking to get a phone or blackberry/iPhone and how that is probably where it all started – status. It started with status and the attainment of that position coming with a phone (no email) and or laptop which of course has now moved towards almost universal connectivity for all.
Even when we had blackberries there appeared to still be boundaries around holidays and out of hours, there was a start and finish to the day but that has disappeared now. We are all working night and day now, we work as our children swing or slide, we work as we take that long drive or wait at the airport to go on holiday. Emails come and go at all hours, and the all hours really does become all hours as we work in an ever more global marketplace. Our colleagues scattered all over the world each either at work or at home, sending that odd email. So that got me thinking about whether we are all living far more stressful lives than those of the 80s or the 90s. No escape, no off switch. When you went on holiday back then, that was it, you were off, and you could relax, no expectation, no ‘could you just join this call’ you were OUT. Weekends were weekends, as you got on the train or jumped in the car that closed the shute and gave you a chance to reflect and consider the week that was and the week to come.
The impact is worse than that though, what impact at home? How much more is the family affected by this than you – how many times are you zoning out of the present to read, respond to a message – did it annoy you and change your mood. How many times did you hear ‘Daaaad?’ ‘come on dad’ because you were distracted. None of this happened before the technology, we were all present, in the moment. Technology creep has eroded into home life, friend life. We have become a nation of screen starers and we all know it, but can’t stop it.
But hold on, is it all bad? As someone who travels a lot technology has helped me, it has kept me connected to my family more than I could ever have done before. Now I can see and talk to my wife and son when I am away, I am able to send photos and videos at the touch of a button. I can work instead of killing time at airports – I can keep working wherever I am instead of it all piling up for my return and perhaps making me go into the office at the weekend. The ability to work remotely is also a new opportunity for the modern businessman. But here in lies the problem and the reason we can’t stop. We can work everywhere and ‘spread out the work’ so as to minimise home disruption. We now only need to glance at our phones every half an hour rather than take a full two hours out of the day, but I think that is more corrosive than locking yourself away for an hour.
So where does that leave us in this constant battle with technology – it starts with us. It starts with the standards we set for each other and what our expectations are of each other. I have three rules, one for me and two for people who work for me that I try to stick to at all times unless there is something extraordinary. The first is that when someone is on holiday, let them have that time uninterrupted. Don’t tempt them in, don’t encourage communication. The second is to not expect communication at the weekends (I fail a little at this by emailing at weekends but I don’t expect responses) The third is for me, it is not new but I do believe in it, if you have a stressful job then don’t look at your email when you first wake up, in fact give yourself a chance to wake, dress, eat, speak before being pulled into email because you don’t know what you will find there and it is proven to increase stress levels overall if it starts first thing in the morning.
We cant stop the technology creep, we can only become more disciplined with it and I will be looking to improve myself for the sake of home and family.
Your Name: Marco Bertozzi
Your Company: VivaKi
Your Title: President EMEA and US Client Services
SEARS: Where do you read your daily news [not just industry news, but all news]? Do you still read a newspaper? Listen to the radio? Use social media?
BERTOZZI: Twitter is usually where I start the discovery. Where I end up reading the news varies. I also use the Guardian News app as an anchor. Occasionally I will grab a newspaper but safe to say most of my news consumption is online.
SEARS: What’s your favorite commercial of all time?
BERTOZZI: My favorite commercial of all-time is an ad for Blackcurrant Tango.
SEARS: Today on average in the United States — out of each $1.00 spent on media (all media, not just digital) by one of your advertisers — how much is spent on automated or programmatic channels?
BERTOZZI: We’re seeing $0.08 of every $1.00 spent on programmatic channels in 2014, and I think we’re still in the early stages of adoption — even in the U.S. — but it’s starting to rise. We’re going to see a sharp increase as education continues across agencies and clients.
SEARS: What was this number in 2012?
SEARS: What will this number be in 2016?
SEARS: What is the mission statement of VivaKi AOD?
BERTOZZI: Audience On Demand® (AOD) was built exclusively for Publicis Groupe agencies and their clients. Created in 2008, our sole purpose has been to help our agency partners and their clients control their brands and messaging in a fragmented, digital ecosystem. We work as an extension of the agency team our clients trust to steward their advertising spend and marketing activity.
SEARS: Please tell us:
SEARS: Overall United States managed budget (media spend) for your trading desk, expected in 2014:
BERTOZZI: A lot
SEARS: Percentage increase, United States managed budget (media spend) 2013 vs. expected 2014:
BERTOZZI: It’s a healthy increase
SEARS: How many employees are there in your United States organization [headcount number]?
Total across USA: 261
New York: 80
San Francisco: 2
Los Angeles: N/A
Other: 25 employees in Seattle
SEARS: What are VivaKi AOD’s three biggest U.S. initiatives in 2014?
Quality and viewability. We launched Quality Index — a proprietary evaluation process that vets all ad placements through AOD. Built on performance metrics and data provided by comScore, Integral Ad Science (IAS), Proximic and various DSPs, as well as ad server performance data, Quality Index also sources inventory according to various metrics that assess viewability, page content quality and historical performance.
This year, we also invested in the building out of the VivaKi OS, combining the AOD Platform and DMP, supported by our established channel solutions (display, mobile, video and social) and our VivaKi Verified teams.
We introduced AOD Brand into the US market. Focused on large-scale formats, it gives advertisers impactful creative in the right locations. It’s the best of RTB with premium inventory, utilizing private marketplaces and giving brand advertisers a vehicle to deliver programmatically against brand objectives. It’s an approach already heavily used in Europe but now formulated for the US.
SEARS: By 2016, what percentage of your holding company’s U.S. media spend will be automated or programmatic?
BERTOZZI: As above
SEARS: Can linear TV be automated, yes or no?
BERTOZZI: Yes! The real question, however, is whether large broadcasters are willing to invest in adapting to new and efficient ways of trading or do they prefer to hold on to “how it has always been done.” Media automation is an inevitability and those that move fastest will benefit the most.
SEARS: Does VivaKi AOD plan to automate linear TV in 2014? 2015?
BERTOZZI: No, but we intend to work with all available and accessible inventory and that includes connected TV inventory which will increase substantially over the coming months and years. The shift from TV to multiple screens will power the increase in inventory and as audiences across devices move away from just traditional TV the opportunities will only increase.
SEARS: Once linear TV is automated, will it be bought by TV buyers or digital buyers?
BERTOZZI: As we are already witnessing, there is a massive blurring of roles within agencies. By the time linear TV is automated I would suggest that roles and in fact most agencies including those in our group will be well under way with planning and buying being very much across screens and channels.
SEARS: On the subject of business models, the best way to describe your company is:
a) Product organization – i.e. you curate a media product for your agencies and advertisers
b) Service organization – i.e. you recommend and manage best practices and best of breed products for your agencies and advertisers
c) Combination of both
BERTOZZI: Other. We see our role as threefold. First, we build technology that powers AOD in order to join up the complex programmatic ecosystem. Second, we evaluate and consult with advertisers on technology and data providers that best address their particular campaign needs and goals. Third, we provide marketing expertise and services for agencies and advertisers on campaigns including human oversight, strategic direction, context and advice that a machine simply cannot [offer].
SEARS: On the subject of advertiser clients and transparent vs. non-transparent models:
a) We have a transparent model — clients know media and other costs (i.e. costs are unbundled)
b) We have a non-transparent model — clients do not know media and other costs (i.e. costs are bundled)
c) Combination of both
BERTOZZI: A. We make sure that our clients know how much spend is going against working media. I strongly believe this should be an absolute given for any business that aligns its objectives with its clients’ objectives. We also do not arbitrage media, as we believe this is counter to the principles and efficiencies offered by programmatic media-buying and takes us further away from the spirit of collaboration and true partnership with our clients.
SEARS: What percentage of your agency or advertiser’s site direct budget (direct orders) has been automated?
a) Less than 10% (of site direct dollars)
d) Over 50%
BERTOZZI: A. All of our buys are auction-based and therefore we do not allocate budget for direct-buys.
SEARS: Which of the following will accelerate the automation of site direct (direct orders) budget? Pick all that apply:
a) Dynamic access to all publisher inventory [vs. just “remnant” or “auction”]
b) Ability to leverage publisher first party data
c) Ability to leverage advertiser first party data [against all publisher inventory, especially premium]
d) Availability of rich media, expandable units and larger IAB Rising Star formats
e) Ability to more easily curate audiences for specific advertisers across the premium content of multiple publishers
f) All of the above
BERTOZZI: While all of the above are valid considerations, I believe the biggest factors that will help accelerate the automation of direct orders are actually tech development and greater alignment on inventory. As I’ve previously mentioned, there have been occasions where we wanted to push significant spend across premium publishers but the publishers were not ready to accept it.
SEARS: Tell us a bit more about you.
SEARS: Who was one of your first mentors as a child?
BERTOZZI: My brother. Five years older than I, he was (and is) someone I looked up to and not just because he defended me when I got into scrapes. It was his sound advice that ultimately led me into media agency life — so I should thank him for that!
SEARS: Money is not a concern. You no longer work in advertising or technology. What would you choose to do for work?
BERTOZZI: Having always loved animals, I would choose to work on an African game reserve. The solitude and connection to nature attracts me as does working with the most incredible animals on the planet. I would however probably still look for a connection to data, no matter how slow!