Tag Archives: audience on demand

Have Publishers learnt from the past?

I was recently prompted to think about the sales policies of publishers when Criteo approached us to buy their inventory through a Criteo network. On the face of it one could argue it would be a good buy for us, potentially unique inventory, sourced through publisher deals that by many peoples opinion is good quality and high up the adserving priorities of the publisher. Obviously after about 1.5 secs I decided I was unlikely to contribute to the clever business model of Criteo by filling their coffers so they can then go pitch direct to our clients and move the business. That is not what this post is about but it set in motion some ideas that I think publishers should consider.

Companies like Criteo, have created a good business and are doing well in their niche but they got there through persuading publishers that they should sell to them quality impressions, in some instances first look, even above direct and brand channels at a low cpm vs those direct channels but high vs the RTB market. They deliver good business for them and everyone is happy.

Problem is that they buy a lot of it and need to get rid of it and so they want other people to buy it from them ie trading desks and potentially Ad networks / Managed DSPs. The demand in the exchanges has increased significantly since many of those deals were done and so cpms for quality inventory like this will likely create a higher cpm than they bought from the publishers. So that means then that trading desks are buying good inventory from Criteo rather than direct from the publisher? Is that what the publisher had in mind when they sold or agreed to the positioning of the sale?

I think it raises questions that publishers yet again have to face, is it better to sell at a flat cpm or find other channels to monetise. A lot of big names are doing this and for me makes no sense, if you want your inventory to be monetised, come see us rather than put us, your direct buyers second to someone who is re selling it to us? It is time to ditch the flat cpm and embrace the auctions and private market places.

We can also offer transparency to the publishers as to how well their inventory is performing and we can partner to create improvements for them and us. The alternative is sell and see no insights. In my view that era has ended. Publishers, come talk to us we can help you with that.

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Audience On Demand & Audience planning and buying video

A brief video outlining Exchange Trading and Audience On Demand view of it, a basic outline only.

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April 25, 2013 · 4:22 pm

My Interview with Beet.tv on Programmatic Video – AODv

My Interview with Beet.tv on Programmatic Video - AODv

Post PublicisInvestorDay I speak with Andy at Beet.tv on Audience On Demand Video.

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April 25, 2013 · 3:48 pm

Adweek – Trading in Real Time Panel – VivaKi, Xaxis, Amnet, Cadreon

The only session in Adweek Europe event on the future of trading and Data driven display. We even talk transparency. It’s longish but if you like this stuff!

A great turn out for the event and we coved Programmatic premium, the future of the agency role, transparency and some interesting word association.

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March 22, 2013 · 5:25 pm

CES Microsoft interview – tech, data, consumers and advertisers

After a few gruelling days in Las Vegas for CES, Microsoft asked me to comment on a few issues around the role of technology and how Microsoft are placed both from a platform and data perspective.

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January 29, 2013 · 2:04 pm

We will laugh when we tell our kids we had to watch Ads!

ImageWe will laugh at the idea of having to sit through an Ad we didn’t want to watch in years to come. The likes of CBS, who recently downgraded an award to DISH for their Hopper product (a product that allows the viewer to skip Ads) by influencing the CNET panel, will need to change their views and fast.

 Perhaps people have not noticed but the beginning of the end for being forced to sit through Ads is already underway. Google is building a business on the back of skippable Ads. It is a mere skip and a jump before that model is rolled out to TV. It’s not just Google though. We have all got used to fast forwarding through Ads on our PVR’s. There are companies like DISH, with their Hopper product, making it a central offering.  Even online Apps usually have a premium or Ad subsidised version. Other companies, for example SpotXchange, have rolled out account based solutions where users can pay to skip ads. The concept of not watching Ads you do not want to watch is entering our ecosystem like water pouring through a leaking dam. No matter how you try and plug the leak, the tide is turning and before we know it the idea of forced Ad viewing will be a thing of the past.

 Consumer opinion eventually is paramount. This is not about not watching ads, it is about watching ads that are relevant and entertaining. As viewers get used to skipping ads and companies offer that as an option in a new medium, like TV, consumers will turn there first. The DISH example in the US will be an interesting one to follow. When PVR’s were first launched, the whole industry was very nervous about them and the implications. But we coped. Google’s skippable Ads is a fantastic model for them with incredible CPM’s on ads that are watched through to the end. It works for them. Advertisers also like the idea of paying for real user viewership. The challenge therefore is for advertising to improve (please no more perfume Ads following the same old, superficial format) and for the delivery mechanism to improve.

 This is all fine for online, but TV? No way! Well in case anyone had missed it, TV is changing. The mechanisms through which we watch TV are changing and the way content is being consumed and distributed is changing. Addressable advertising across multiple devices is already under way in Alpha and Beta tests. Ads will become adserved which will allow better targeting and if targeting improves, the response will be better and consumers will appreciate the relevance. If we can do this well then who is to say that the Google business model will not suddenly look attractive to broadcasters?

 Importantly we will question this idea of ‘extra value’ in TV, which is code for wastage as opposed to actually buying the audience we want. An Audience On Demand offering could quickly be applicable in TV. So if we can combine adserving technology, with proper targeting and importantly measurement (let’s not get in to that today!) and sprinkle some consumer boredom with relevant advertising, we are well underway to a world where we tell our Children that; ‘yes they made us sit through five pre-roll ads before we were allowed to see the programme we wanted to watch’ – ‘and at a time dictated by them’! A crazy notion.

Blog also ran on Digiday - http://www.digiday.com/agencies/skippable-ads-are-a-good-thing/

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My 2012. Perpetual motion.

Perpetual motion in more ways than one. Change is the only certainty in life and we certainly experienced it this year. Travel wise it was the year of going to the US, Palo Alto, Chicago, Las Vegas, San Francisco, Los Angeles. But let’s not forget the best that Europe has to offer with Madrid, Moscow, Milan, Cannes and Monte Carlo, Paris x 10, Amsterdam, Prague and on it goes. It is something I love to do and simply the best way of getting to know the network but can also take its toll.

I got a new boss this year and said goodbye to my first VivaKi boss in the form of Curt Hecht who left to join The Weather Channel. Curt was an entirely new kind of leader to those I have had in the past. He inspired me to look at our media world differently, he was himself in perpetual motion and seemed to never run out of energy for this business of ours. He pushed me, supported me and at times put a few European noses out of joint on his visits, importantly he taught me that travel, events, meeting bright people is worth something, it makes you more worldly, and helps you form a different view to those who listen to only those around them. Curt will and I know already is doing a great job. Enter stage left Kurt Unkel. Old Curt, new Kurt as they were for many months!

Thanks in part to all this change I was invited to Paris, Publicis Groupe HQ to meet Maurice Levy for a brief one to one. It was the very pinnacle of my career, if you would have told me as a TV buyer in 96 that I would get to meet Maurice I would have laughed – in fact I would probably have not known who he was! It’s funny how some of my external colleagues in the likes of Google meet him all the time (relatively) and yet it is so hard as a part of his organisation, but anyway, it was a privilege.

New Kurt as my boss can’t receive too many positive comments here for fear of brown nosing abuse, but suffice to say that he is a good guy, smart and looking forward to working with him in 2013. It’s been a crazy work year so much growth and development, part of a team of people now overseeing the new VivaKi proposition I am expecting no let up in 2013. But 2012 has seen us grow to 11 markets live with Audience On Demand in EMEA, the latest being Russia in December. We have worked tirelessly to create this EMEA wide expertise so that our advertisers can have a genuine centre of excellence wherever they are, it has been down to a lot of hard work from the VNC leaders across Europe – particularly Bea, Lothar, JB, Sara, Danny, Geoff as well as Becky for getting me around!

I reduced the sitting on Exchangewire panels of 2011 in 2012 and did some interesting and varied panels and presentations. I presented a digital overview at the IAA earlier in the year. A session at the FT around B2B comms and the future developments. A fantastic panel at Monaco Media Forum with Brian from Digiday – you can see that here. and have actually written more solid content for media publications. My first one of those was a sum up of CES and the impact of connected TVs..it’s long but if you want it – click here.

As usual I got into the odd scrape, although a lot less. My blog on the Dataxu purchase of Mexad called ‘Mathmen just turned back into Madmen’ went down well with some and less well with others. Siding with the Google view of ‘a frictionless Web‘ also brought a few a google haters out but as we showed in December with the World first search retargeting campaign, it was a great development.

Google Zeitgeist, Client Advisory Board in California, Monaco Media Forum, Cannes, CES – all great locations and events and yes you can and do have a lot of fun but at the same time, I have learned so much from so many bright people through these events, it is a very fortunate and a not to be taken for granted opportunity. The pace of change right now is break neck and these events help us stay in touch or at least try to.

Just as you think you are in a groove enter VivaKi 2.0. New structures, new propositions, all change again, but it is exciting and nerve racking at the same time, 2013 starts very quickly when we are back and I have a feeling won’t stop until that last working day of 2013. The team I work with and for is an incredible bunch, so bloody bright and enthusiastic. If anyone can create and steer change it is them and that gives you a lot of confidence. The guys I sit with right now in London have all worked their skins off and done a great job, it is these guys that make it happen and I look forward to a new year with them all.

Perpetual motion, managed by my awesome PA Becky has been mainly work focused but just to add a bit more into the mix we moved to Beaconsfield from Balham in May, another life change for us, one we have enjoyed thoroughly, not least it allowed me to buy that Yamaha T-Max 500 scooter I had been coveting! I grew up in the country and so I return (sort of). Sad to say one advantage is being near Heathrow!

The last icing on the cake came with being asked into Campaign A-list in December and judging Media Week Awards both for the first time (late developer!) but one question I was asked was ‘how have the last 12 months been for you?’ My answer was that they have been the best of my entire career. I am so pleased that after 16 years of work I have been given the opportunity to say that and I will be working doubly hard next year to make sure I can say it again this time next year.

Thanks to everyone in my team, to friends and colleagues and to all those companies we work with, I wish everyone a very Happy New Year.

It’s late. Good night and HNY.

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AOD Summit – 2012

The two days ended with a great talk from one of the godfathers of digital – Scott Ferber. Founder of ad.com the worlds most successful ad net and now founder of Videology. The guy is both crazy and unbelievably bright, engaging and down to earth.

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Two tough days of Audience On Demand and VivaKi bonding, I probably did not plan it brilliantly by accepting an invite from Google to take all 28 of us to the IAA Summer ball! There were some tired faces on day two but it was the right thing to do. The team had a great time.

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We had people from UK, France, Italy, Dubai, Spain, Germany, Belgium, Netherlands, Sweden and Poland. Too many teams claim to have resource and capabilities in different markets but that means clicking the geo buttons on their DSPs. We have established teams now driving markets forward and it’s exciting to see in action.

There are an amazing amount of similarities between markets, there is a curve of adoption that I believe is reflected in most markets but only where companies are pushing the market. It looks very different if you are a follower. Our teams in Dubai for instance are not pushing they are creating it, I highlight it as the entrepreneurial spirit that makes the people in The Vivaki Nerve Center different.

The two days ended with a panel with Stewart Easterbrook, CEO SMG UK, Matt Roche of Weborama, Ryan Jamboretz of Videology, Jon Slade at the FT and Jason Bigler of Google painted a picture for the markets to take back of a world in which programmatic buying and RTB was going to be fundamental to all their businesses.

This Monday sees a new home for us all. We have enjoyed being part of the SMG team at Whitfield street but very excited about having our own office. It has been two years and 4 months of hard work that has taken us to this point and it feels like the time is right for expansion. I do need to get rid of the curtains though!

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The market is still moving fast with acquisitions and evolutions and indeed people moves. Interesting to see Damian Blackden move to Adnologies this week, showing that data and exchanges are still pulling the talent to them and we continue to meet with a myriad of tech companies all trying to carve out their space.

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I only recruit from NASA – you?

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Well I say that, in actual fact I have recruited two people into the Head of Product roles from within our agency group, NASA did not really come into it, although I am sure some people would claim it! It is something I am asked all the time – where do you recruit from? What type of people should we hire? Will my Head of adserving do? 

One thing I am sure about is that I fear the return to the days of when search took off and they became a hugely overpaid, under experienced, high churn group of individuals, around 2005 it was a merry-go-round of people in the search teams with each agency ignoring their best search strategies and allowing us all to  bid up the price endlessly. It was partly this factor that led to search teams not being as efficient as they could have been since staff costs got out of hand. There is a danger of us returning to those days within the exchange space, but at the same time I believe we have more choice, on the basis you are a little more open minded.

As I said at the top a common question is what type of people do you employ, I struggle to answer that. Looking round the team we have people from adserving, mobile DSPs, agency, Data, and so on, so yes of course they all have some common DNA but that is not the key. Curiosity is the key, the desire to want to learn, to want to look under the bonnet and see what is happening and to do it all the time not once a month. Everyone in the team has that, and in my opinion that makes them different from the majority. Too many digital planner buyers have become a little too process driven and not inquisitive enough. They are not questioning the numbers, they are not trying to work out a different way, or challenge a target, too much is paper pushing and and that is why the new generation of people, as much tech as media are different BUT because you work with tech does not make you an immediate candidate.

When I interview I want to see passion and interest, I want to see a history of someone who likes the ecosystem and has been reading about it before they even got the job, I want them to know all about the space, without really knowing all about it because the one thing they lack is working experience. Come in and challenge us, come in and want to understand more. We don’t mind what your background is, just show us that you don’t just want a job in this new space because you think you should.

I have seen some really good candidates, often those who are actually working in competing trading desks, we have never employed one. Too many of them looked like they fell into it rather than wanted it.  So for those starting to recruit the interview recipe to grow a team is curiosity plus desire sprinkled with a big dollop of instinct (perhaps the key ingredient at the end of it all).

Audience One Demand is always happy to receive CVs and always on the look out if you want to fire them over.

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Audience On Demand is hiring..

VivaKi Nerve Center launched Audience On Demand in the US back in 2008, launched in London in 2010. Now the UK’s largest trading desk is looking to add to the team as we grow month on month working with some of the UK’s largest advertisers. We work with Starcom Mediavest, ZenithOptimedia and Razorfish teams and are the most lined up agency group in the UK with full support from the agency brands and our success reflects that.

Paul Silver Heads up the Audience On Demand Product and is one of the most respected people in the industry and he will be joined by the Head of Activation on Monday Geoff Smith, current Head of Technology at MEC, it’s a dream team backed by a number of activation and analyst team members and together we are really making great strides in the market place. If you want to work on private marketplaces, scale plays, strategies across the exchange space then you should contact me or Paul.

Bored at an Ad Network, or worrying about their future? Perhaps at another agency Group but struggling against constant resistance and confusion, maybe in a ‘specialist outfit’ but seeing just how restricting and myopic that can be? Want to work for a team that works openly and collaboratively with publishers then email us..

We look forward to hearing from you!

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