Marco Bertozzi

My 2012. Perpetual motion.

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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.

VivaKi and Audience On Demand take first mover advantage on Google’s DDM

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The thing that most inspires me in this role is the constant ability to innovate ourselves, as well as work with leaders in the technology space. As of this quarter, VivaKi and the Audience On Demand team in London are paving the way and entering a new era of activating search advertising data in the display ecosystem intelligently. Below find our internal release.

 

A collaboration between VivaKi and Google sees a global first for the organizations – the launch of a remarketing from search ads campaign. Audience On Demand (AOD), the market-leading addressable media buying practice for VivaKi, leveraged Google’s integrated technology suite to deliver a display remarketing campaign optimised around traffic on search ads on behalf of their client, a leading automotive services provider.

 

“As the leader and one of the first entrants in the RTB marketplace we work tirelessly to ensure our clients benefit from first-mover opportunities” says Marco Bertozzi, Executive Managing Director for the VivaKi Nerve Center. He continues: “Since launching AOD we have worked closely with Invite [now DoubleClick Bid Manager] as our primary partner and it has been an incredible mutual growth story. We saw back in 2010 the amazing opportunities for AOD and our clients in the Google product development roadmap and display remarketing from search advertising was absolutely top of the list.”

 

This feature enables the use of search ad clicks as a signal in optimising client’s display campaigns, re-engaging consumers with display ads across billions of ad impressions available on global ad exchanges. The integration between DoubleClick Bid Manager and DoubleClick Search 3 provides the ability to split referring keywords into specific groups based around different levels of interest and exercise bid strategies appropriately, re-igniting the potential of clicks that did not deliver an outcome in the first instance. This maximises the efficiency of search investment and boosts the performance of display campaigns.

 

Geoff Smith, Head of Activation for AOD comments: “This technology allows us to identify and differentiate consumers with greater intent to purchase, depending on their behavior with search ads. This granular insight allows us to alter our bid strategy accordingly, thereby maximising the efficiency and effectiveness of the overall campaign.”

 

This will add yet another layer of power to our offering and shows that Audience On Demand has yet again delivered innovation in the exciting marketplace. We had a choice – follow the pack and let

Will Millennials ever know Serendipity?

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Apart from loving the word, I wanted to write about Serendipity as I sometimes wonder whether it is going to be a rare thing for coming generations. For those that are not sure the definition of Serendipity is basically about coming across something pleasant by accident. Now I started thinking about this from what I read online and updates etc and it struck me that unless you work hard at it, serendipity is not what it used to be.

I work in a business where we deliver exact ads to exact cookies which is another shot in the eye for Serendipity when compared with TV advertising that still trades on the fact you buy one audience but could pick up many other ‘free’ audiences. Online advertising is just one part of the equation though, it is also about my Twitter feed, Linkedin and so on.

If you think about it the World Wide Web is closing in on us everyday we use it. We have Google showing us Ads related to searches and sites we visit and then content that is determined by our own behaviours and our friends social behaviour. I have 500 people I follow that I have hand picked based on their subject matter expertise whether that is personal or professional or indeed they are just friends. By definition I am presented with content of the same genre, often lots of the same content over and over. Of course you can add random people but most people forget to do that. To help make your readership less varied Twitter then suggest people like you so you keep adding more of the same.

Facebook is of course again a hand picked bunch but for some reason I see the same people adding updates. I keep being told that this is based on my interaction with them, I know for sure that is not the case so there must be some other science at work, either way I want more variety and it is killing my Facebook experience and interest. On top of that I am being shown highly targeted Ads based on interest and friends. It all adds up to a pretty repetitive and unsurprising experience.

Linkedin are usually people from the same genre and updates cross over with Twitter, Ads are targeted and so again I am seeing the same stuff. If I go shopping on Amazon they are predicting my tastes and showing me content that they think I will want whether it is books, films or electricals. This leaves very little revelation in my experience. That extends into most shopping as targeting becomes more sophisticated where very personalised content will be shown just for me across many sites. Of course we are then flocking to sites like Zite that learns fast or asks what content you like until you end up with a painfully myopic view. To be honest the examples go on and on with iTunes and other music systems proposing other songs and albums, but always based on something that you already like.

Right now we are primarily talking about ads and people but when we get into search that becomes more and more tailored we may never see an alternative view. If Google learns that I am a conservative and look at that content, that is what I will see, I will never be given alternative content. Same for any belief or interest. The technology we use is driving our experience to be more and more focused on understanding the user and making sure what they see is relevant. That might be good for Ads but I feel like we need a serendipity button.

We need to mix this up, challenge ourselves and give ourselves an opportunity to see something new and exciting before we target ourself into the most narrcow cast existence with no little surprises around the corner. Let us all press the Serendipity button. Aleks Krotoski has allowed us to do this, the image for the blog above is her Serendipity engine which actually creates it through a physical representation. It takes some getting your head around but it is fascinating – click here for more.

Campaign A-list at 40

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Some people dont care, some have been in it for years, some are freshers like me but quietly everyone is pleased to be in Campaign’s A-list. It wont change your life or your career,  it’s a nice to have and a
good addition to the Bertozzi Bytesize scrap book.

Thanks to Campaign for my inclusion, let’s hope I get to stay in it now although it looks like you have to work hard to get thrown out going by some old timers in there!

The area people seem to be most interested in is the icons that sum you up, I had four which for a fresher was deemed good and I was described as nice (!), Reliable, techie and one other. It’s all rock and roll around Bertozzi by the sounds of it.

Interview with Beet.TV at Monaco Media Forum – Programmatic video

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Each year I go back to Monaco the subject of Real time bidding, programmatic buying and data rises up the agenda. Year one there was little or no coverage of the topic. Last year we had a side room break out on the topic, not attended by anyone outside of those who worked in it. This year I was interviewed on the topic, and the panel regarding tech, data and RTB was on the main stage as well as other related round tables.

Part of that for me was an interview with Beet.TV on the growth of programmatic buying in the video ecosystem. Click on the image below to be directed through to the site.

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Happy Birthday Bertozzi Bytesize – 28.10.09

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I remember the first blog. I had no idea how to use the tech of the blog, no idea where it would end up but really wanted to know how all this blogging stuffed worked.

150 blogs later – basically 4 a month and I am amazed the number of people who visit the blog, most people give me s*** for it, but begrudgingly admit that I started something and managed to keep it going.

When I wrote the first blog It was a pretty awful working time of my career, working somewhere I hated with every sinew of my body but determined to fix it, to get into a role that was entirely digital, in a growth market and working with the best and brightest of our industry. Now is a good time and makes the blog that much easier to fill with good, bad and indifferent pieces.

I hope to maintain this, it’s hard to stop once you start. I make time for this blog, contrary to the usual crap from people about ‘you can’t be that busy if you can write a blog’ I write at home, at night, at weekends, on flights etc and I enjoy it.

For anyone who reads or subscribes, thank you, I know it’s not Dickens, but appreciate your support!

My Mediaweek judging experience – take it back to basics

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I judged my first Mediaweek awards this week. An array of illuminati from media were there (me excluded), from agencies, publishers, creative and media. All of them were senior and full of experience in judging and the industry as well as carrying a good helping of cynicism and sarcasm.

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Not sure what I expected really, a big old argument over the winner, a load of opinionated, puffed up media types all showing how right they are? I could not have been more wrong. In fact my group, not to mention names, was experienced and senior for sure, a mixture of advertisers, agencies, clients and media owners, all very polite, thoughtful and very insightful.

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With that comes a very acute ability to judge and to see through bullshit. Discussions around the table were not around disagreements so much as agreement. Of course there were individual opinions and differences but actually what really stood out was the immediate way in which entries that lacked either direction, quality, clarity on accomplishments and results were all found out very quickly.

It was fascinating seeing the entries boiled down to a single 5 minute video, it means you have to nail it and in a clear and succint fashion. Overall the quality was very high indeed but there were a couple that when they ended left the group all staring at each other in bewilderment. It is harder than it looks, sitting in that room watching this finished material it looks easy but I know it is hard from my New Business days. I recall the time we were told to do ‘something different’ in our new biz submission so we decided to send a video as primary introduction. It was slick, showed off the brands and the results we had achieved, it was described by the client as ‘a load of corporate w@@@’ So it is difficult to know what to do. Overall though my advice to entries of the future, knowing that it is being watched by 10 very experienced, sharp, media people would boil down to these few tips:

1. Start with the brief and make sure your video actually answers it and focuses on what the category is looking for, not what you want to shoehorn in.

2. Enter it in the right category!

3. Don’t submit the same video into different categories without adapting to some extent, this was an interesting debate. I think I came out on the side of tailor in some way, a nod of acknowledgement that it was a different brief to the previous you submitted into – not everyone agreed with that though.

4. Make sure results are strong and properly benchmarked – amazing amount of stats used out of context and with no benchmark. You have to remember that judges will either think they are not great stats in context or they are made up and twisted in some way if you dont.

5. Dont over use phrases such as ‘contributed to the overall’ that will deliver a wave of cynicism from these old hacks

6. Create a professional video that looks like you want to win, not one you threw together for your graduate presentation. Can you hear what the people are saying over special effects for instance?

I have to say thought that overall I was really impressed both with the approach and professionalism of both the judges and entries. It was fascinating to see all this great work side by side and even more interesting to hear the judges comments first hand. I was also quietly relieved to see business results front and centre rather than likes, licks and other titbits.

Is this the 2nd most successful paid for social network?

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In the last three weeks I have responded a couple of times to Tweets regarding social media. One was entitled ‘would you pay for social media’ and it got me thinking that when we talk about social we often forget Flickr. Then I see a tweet about the way most of the mobile Apps for Google+ and Facebook are evolving into a series of rich images to scroll through and again I think to myself what a whopping missed opportunity Flickr was and how a lack of foresight led it to be a photo repository for the average user.

Flickr has 50m registered users, pretty good but when compared with what it could have been! It was bought for $35m dollars in 2005 by Yahoo, it seems so cheap and in terms of what it could have been, a steal! I think the timing of the purchase was unfortunate with Yahoo in some of its biggest disarray in terms of position in market anbd future strategy as well as FB etc coming to town. Back then Flickr had a function to bring people together to ‘chat’ around subject matter photos – the equivalent of a ‘Hang-out’ at the time I guess. Basically what Flickr lacked was someone who could see the future and how social and sharing was going to be HUGE.

Would you pay for social media? I do every year when Flickr say to me that if I ever want to see my photos again I better pay up! That is one of the best social media payment models in the business no? Now of course I resent the ransom note every year but begrudgingly admit that they do a job, they hold this for me, allow me to share it, although their god awful privacy controls are difficult to fathom, normally when you want to send a single photo you send people everyone of your private photos!

I notice that Flickr has started to adapt, new interface, new controls and a far more user friendly interface, but they need to do more, they need to create an easy way to share, comment, bring in friends, let people announce things, set up environments for events and..oh is that not Facebook? I would like to see a ‘hang out approach’ on videos you want to share, invite them live and so on, the opportunities are endless and this is what makes me realise what a terribly, terribly big waste of an opportunity it has been thus far. It is however not too late in my mind.

There has been some debate about their revenues, conservative at $50m ranging upwards helped by Getty Images, Advertising on billions of impressions and other partnerships so it is a good business from the outside, I will be intrigued to see if the most successful pay-for-play-social-media-platform in the world can continue to adapt and grab the new opportunities before it is resigned to being a bloody good attempt at a social network from 2005.

Venture capital – are you a write off?

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Over the last few months I have been spending more time talking with Venture Capital firms as we start to launch VivaKi Ventures in EMEA and I have to say it has been fascinating. On top of that I have been talking with individuals who have working in multiple start ups. If I am honest I am struck by the combination of instinct, nous, luck, crowd mentality and incredible returns and losses the VCs work off.

Information is extremely varied and disparate but overall it appears that the funds do a number of things, they are looking to make sure they have some ‘skin in the game’ in different sectors – we must be in mobile, we must be in video etc, sometimes buying into companies that from the outside appears misguided – Groupon to the punter on the street just appeared crazy but that did not stop anyone investing. Then we have this emotional crowd mentality where people in the investment community get excited and invests illogically based on sentiment, not dissimilar to the city swings we see on share prices.

In times of financial ups and downs investment firms are then trying to recoup the best returns, again, perhaps not always thinking straight in IPO situations, one of the views on Facebook was that the institutional investment firms had cash, it was making no returns through any conventional financial methods whether the stock market or banks and so the money was burning a hole in their pocket. An IPO like Facebook and others was a great opportunity to hit those return goals.

After all that there is the general rule of thumb that anywhere between 30 and 50% of companies will be complete write offs. I got thinking about that, and in discussions on that subject it struck me how blase they were about it. It is not working, cut it. You may be an owner, founder, an employee in these companies working hard and caring very much whilst backing you is a company that may one day wake up and say – lets pull the plug. It feels like that is an easy thing for them to do, when they are balancing that decision with high returns of 30x somewhere else. It is very matter of fact and shows just how hard it is to be a successful start up, especially in such difficult times.

I know for sure that there are good VC firms and less good in terms of caring for their investments but they all for sure know that they can walk away from companies easily as it is all built into the maths.  Good luck to everyone who starts their own business or joins a start up. It is a brave world.