- Advertisers are going to continue to take more ownership of their programmatic work in some way, hopefully finding a happy balance with agencies, combining best of both worlds
- Quality media will see a resurgence – it will at least be given air to breathe. Quality sites will be seen for what they are, brand safe with quality audiences
- Verification will be standard for Facebook and Google – at last advertisers will be able to see what their viewability scores are on puking rainbows
- Standards are about to shoot up. At Spotify we sell all video with Moat HAVOC standards – Human, Audio, Video, on complete. Our ads deliver 100% SOV, 95+% viewability. See these as becoming standard.
DONT START…I added quotation marks around digital because I know that Tess Alps would be all over it in a second, but I had to describe it as something and there lies the issue for many. Old ways of describing a world moving at a 1000mph are not sitting comfortably at the moment. In the last week or so I have been witnessing the never ending battle of TV vs Digital. The first was during IAB Engage and the second was the Video Ad News conference. Mainly played out on Twitter, noone wins, it normally involves bright people and Nigel Walley and I always wonder what it would be like to have all these people in a room together, working together.
At the heart of the issues lies the definition of what constitutes digital, TV, mobile and how should we talk about them and report them. Those who follow Twitter feeds on the topic will see it is something that appears to have little end in sight. Now I know we are all eating from the same trough, advertiser money, but surely we can work more effectively together and create some strategies that bring all sides together to recognise the benefits of both.
It strikes me that we have a synergistic relationship going on where one supports the other. TV has a history of making brands famous and creating a rapid rise in a brand’s recognition, digital has helped socialise TV and delivers the ROI through websites and follow up digital activity (in addition to instore) but it is vital that we work together to create more studies and more work to prove out these different theories and at an industry level, not just advertiser or agency case studies.
Digital has taken a battering over measurement and quality in recent times and indeed this should and I believe is a wake up call for many in the industry, TV on the other hand is perhaps guilty of resting on some laurels in terms of what it has achieved rather than making sure it is future proofing itself. An amazing amount of progress has been made in the last 2 or 3 years and its great to see but there is a lot more to go. An example of adaptation is where TV may use different tech to deliver ads but can still report back in similar TV metrics and not dive into digital ones, likewise video networks and supply sources have to find a way to include themselves in the GRP discussion rather than bang the table saying, ‘they are right about measurement.’ Todays moderator in an opening address was fast to try and encourage the audience to agree that TV measurement was wrong, we have always known it, but at least it was consistently wrong.’ Controversial. Especially given the current digital malaise. TV measurement is solid if at times a little limited but not wrong.
I would be excited to see TV progress in the way that Sky have started to go, taking incremental steps forward in targeting and reporting and I believe we will rapidly arrive at an offering that combines a good quotient of TV and Digital (there I go again, all TV is digital) benefits. Sky is in the driving seat right now so don’t be surprised to see the channel broadcasters cutting deals with Sky to be able to use Adsmart and IQ like targeting in the future. One area I will be interested in is to see how they embrace the data discussion as regards advertisers and their DMPs. It is still early days but the use of DMPs is moving at pace and becoming more and more sophisticated. As advertisers explore ways to use their first party data against media properties and media buying, perhaps TV has an opportunity to work with them collaboratively and not create another walled garden.
Of course Sky can become the next walled garden and on some levels I would not blame them, but they are in competition with Google and Facebook who most definitely are walled gardens. They are unlikely to change, Facebook has 350+ billion dollar reasons why it cant be bothered to, BUT ITV and C4 could go a different route and help advertisers invest in their properties and demonstrate sales through integrations with DMPs.
Its not often I sit on the fence or become a middle man, but I believe that we could all learn something from each other and one is not better than the other. The biggest crime is that we don’t admit failings and don’t admit that we could learn from one another. As more TV becomes localised, one important lesson to learn from digital is to not let standards drop on creative. TV advertising on the whole is of the highest standards but as a more local offering creeps in with Sky openly encouraging local businesses to come into the TV market place, we are in danger of having a US experience with men standing outside their local garages offering this weeks best deals. TV must keep creative of the highest standards.
We need to keep going back to understanding people, and as we know, people don’t differentiate these channels in the way our industry does, they instinctively just know what they want from each of them. We could all learn from that too and get on with working out how best to engage them and not annoy them.
My interview with the Google series ‘Think with innovators’ looking back over my career and laying out some of the learnings. It brought back some great memories!
Original article here
For Marco, innovators often tend to be lone, disruptive voices, whose biggest challenge is persuading the majority that change is a good thing, and that the outcome of that change will be positive for both agency and clients alike. In his many years of advancing the digital agenda, he says there has been no bigger challenge than the introduction of Programmatic, starting in 2009. “If you look back, there were whole businesses that did not believe this was the future,” he remembers, “but at every organisation now there are big advocates for Programmatic who all have a common thread of trying to change how the business has always worked.” In driving that change, Marco recalls that there were no short-cuts, as he spent years “literally going door to door” in an effort to educate colleagues and clients about the power of the new technology.
Innovation is in your DNA. I think you can learn some of the skills that are required, but it goes back to ‘what motivates you?’ The motivation to innovate comes from within.
Marco Bertozzi, Global Chief Revenue Officer, Performics
“My definition of innovation in the context of a large media group is really this concept of the ‘intrepeneur’,” says Marco. “Really this means trying to drive change, trying to change what people have always been doing, trying to invent new things within the structure of a big organisation.” Having earned his stripes as an ‘intrApreneur’ at VivaKi and at Performics, Marco now takes time out to share his experiences with the next generation of innovators. “I do mentoring at university, I do talks at schools and there’s a few other things in the pipeline. And at the same time I like sitting down with some of the biggest digital companies in the world and talking about how we’re going to continue to evolve this new space.”
Looking forward, Marco can see new technologies already starting to change the landscape, even though the fundamental challenge for businesses remains unchanged. “First Programmatic came along, and with it all the different channels, and now everyone’s talking about virtual reality. It just never stops, so the challenge for agencies is how you keep on top of that change and really embrace it.”
Reflecting on his undiminished appetite for the next wave of innovation, Marco knows exactly where his enthusiasm springs from. “I think for me, what gets me out of bed in the morning has always been that ability to work with lots of other companies and people who are more future facing. My satisfaction comes from believing that there’s a right way forward that’s different to how we’ve been doing it before, and having the self belief to see it through.”
I am sorry Bloomberg I don’t agree with your cut the jargon campaign. Cut the crap, you just cant be bothered to learn something new. I know I will get pelted with rotten tomatoes and urine but I am sorry, this is just a shield that lazy or ‘elder statesman’ of media like to hide behind because then they are not going to have to admit they either can’t or won’t learn something new.
The phrase that I like the best is ‘lets just talk plain english.’ I could translate that into ‘if I say lets talk plain english then perhaps they will some how find a way to make this new programmatic stuff sound something like press and TV that I have grown up with all my life.’ No. I wont. You know why? Because every industry has a language, in our industry every sector or media channel has a language. If you go around saying GRP or DPS or DDS no one chains you up at the stocks, but by God if you say DSP or DMP, the heavens open and thunder and lightening crackle down from above.
I do agree that we talk too much about the technology and not enough about what it can do, and I do agree that some people do like the over use of tech words, but that’s not the context I hear it in. What I hear is ‘all that DSP, DMP, three letter acroynm stuff’ yes, it is called SHORT HAND, abbreviation. You want me to say Demand side platform every time? Or would you rather like me to say ‘a buying platform that allows us to access inventory in real time and combining it with first, second and third party data’ oh you don’t understand data? Well here goes…actually no, since this tech is powering most digital media nowadays and since you work in an agency and may even run it or our a senior industry body leader of a media owner, how about giving it ago and learning about it.
Lets focus on marketing what programmatic can do, even the definition of programmatic, but lets not pretend we use too much jargon when really we just cant be bothered to learn a new trick. Right I am off down the Public House to read a Double Page Spread and perhaps later will log into Donovan Data Systems and check out my Television rating points for my last television advertisements.
Perhaps a surprise to some but this year was my first year at Dmexco. Every year it has clashed with something or other, but this year I was there, well for a night and a day at least. It is usually the happenings around the conference that garner the most interest but at Dmexco it IS the conference. Dmexco is a REAL trade show, a place where companies come to show off their goods and hope that the circling hoards will come buy.
There is something refreshing about that, it felt a lot more meaningful, a place where business came first and rose second. Don’t get me wrong I have no issue with rose and I am certainly not one of those bitter nay sayers that write about the pointlessness of Cannes, no siree, I am a fan, but that said Dmexco felt solid and meaningful. There is no other place that so neatly distills the lumascape into a real environment, where you get to see the colossal competition for the buck all in one place. I think it is that which really struck me, just how many people are out there in the martech, adtech space and all with their piece of the action.
I did not get a chance to truly get around everything but I sensed there was a pecking order with the smaller stalls gathered in one place. They are all looking to grow of course and move into Yr2 with the big guys. Big guys they are as well, over the years the stalls have apparently grown and grown and it appears to be like Yachts with everyone weighing and rating each other up based on size and how many people fit, after the size comes facilities – does yours have a coffee machine? Meeting rooms? TV centre – shower? Swinging dicks aside it is an amazing array of companies all sat alongside each other from Adobe and Oracle to MediaMath or the agency lounge. It was great to see all the Publicis agencies there, not too big, not too small. GroupM were clearly out to make a statement on the other hand, commercially powered by Xaxis.
What I have been impressed by is the level of seniority of attendees, Global CEOs, Group CEOs all attending an event that is relatively new. All around the event you will find leaders from every corner of the business and with that brings some gravitas and focus and less feel of a jolly that comes with Cannes.
I hope to go for longer next year and attend more of the actual presentations, but for a first trip I was hugely impressed and will definitely prioritise. The event ended on a high as I managed to hitch a lift with the lovely (am I allowed to say lovely?) Nikki Mendonca who had a cab waiting for me even as I stood in a long queue.