Build Engaging Dynamic Ads Using Available Customer Data
Online advertising could use some simplification. Anybody that has spent more than two months working in the online advertising space will tell you that it is a fast-paced, complex, confusing, always changing, and exhausting industry that has few, if any, dedicated rules, set procedures, or processes that everybody agrees with and follows. Even companies offering the same services use different names to refer to the same thing: online advertising, Internet marketing, display advertising, and so on. Luckily, some companies are dedicating themselves to making certain tasks a little simpler. San Francisco-based startup Canned Banners is an example of such a company.
Simpler Tools for Easier Advertising
Since 2009, Canned Banners has been automating display ad design. Its self-serve tools help you build professional quality display ads quickly and cheaply, without requiring design or development knowledge. Its service makes display advertising cheaper and easier for everyone from local businesses to Fortune 500 companies. While this sounds potentially useful, what Canned Banners is planning to roll out next might strike a chord among a larger audience within the online advertising industry.
Read more: ClickZ
Wildfire and Adaptly Introduce First Social Marketing Solution With Integrated Ad Technology That Optimizes Engagement
REDWOOD CITY, Calif. and NEW YORK, Feb. 27, 2012 /PRNewswire/ — Wildfire, the global leader in social media marketing software, today announced with Adaptly the integration of Adaptly’s unique social advertising and optimization technology with the Wildfire Social Marketing Suite. The combination of Wildfire’s market-leading suite of tools for designing, publishing, and managing brand content through social media – used by more than 10,000 customers, including many of the world’s most recognized brands, such as Facebook, Amazon, and Target – with Adaptly’s ad optimization technology gives marketers, for the first time, unified control over the combined effect of paid, earned, and owned social media to maximize consumer engagement with the brand. Engagement encompasses social actions such as likes, comments, and sharing of content.
Unlike first-generation ad serving solutions – which focus on traditional metrics such as cost per clicks, fans, or impressions – Wildfire’s solution integrates Adaptly’s technology that optimizes social ads not only for cost but also for maximum engagement. Adaptly’s proprietary technology aggregates more than 160 social metrics from a brand’s earned and owned channels, analyzes the impact of paid media on earned media in real time, and continuously refines ads (including content and target audience) to reach the best social audiences and drive ongoing engagement – the objective that marketers care about most today – at the lowest cost. This self-optimizing technology is unavailable from any other vendor, and Wildfire is the first to bring it to the broad market through a complete integrated social marketing solution.
Content and Advertising Integrated into a Single Seamless Solution
The ability to integrate advertising with content is becoming a critical requirement for social marketing thanks to the launch of Facebook’s Sponsored Stories ad units, which allow marketers to turn fan-generated content into social ad units. For brands to run Sponsored Stories ads they must successfully engage consumers. The Wildfire Social Marketing Suite provides all the tools needed to engage consumers through social media. Extending the Wildfire Suite with Adaptly’s social advertising technology now enables marketers to optimize their whole social strategy in a single seamless solution.
Read more: PRNewswire
Attributing Social Media to Sales Revenue
Today’s social media networking sites are conduits to build, expand, and reinforce brands’ relationships with its target audience. Social media in today’s brand management arena is not just about setting up a Facebook Page and post content that is no different from similar editorial material found on the corporate website. It is about brands building an online relationship with its customers that encapsulates trust, reliability, and service-centricity. Indeed, the intent of any social networking strategy must mirror the same focus and attention that offline relationships are built on over the years.
What this means is that it takes time for companies to create a profile on the social media environment to engage with the online community. Invariably, this approach raised questions on how brands should measure the success attributed to social media. This is especially tricky. Some brands perceive social media similar to the many digital channels available to advertisers, whereby there’s an implicit perception that measurement standards adopted for online advertising applies in social media.
In my opinion, the success metric from social media networking is improved sales revenue, and it has to be clearly attributed to the social media strategies implemented by the brand or its appointed agencies. This approach builds on the belief that discussions that that originate from social media networking will lead to revenue opportunities for brands and advertisers.
Read more: ClickZ
AOL Ad Platform Customizes Display
Hoping to attract more brand dollars, AOL has debuted a technology platform for marketers to customize the design, delivery and management of display advertising. Pictela Enterprise gives ad agencies a guided self-service interface to manage their clients’ brand assets and serve them directly into online display ads.
“We are putting the power of publishing in the hands of the ad agencies and their clients,” said Greg Rogers, senior vice president, premium formats at AOL and CEO of Pictela — which AOL acquired in late 2010.“Think of [Pictela Enterprise] as a content management system for ads.”
The platform is certified to serve its ad units across AOL, Advertising.com and most major online publishers.
Building on AOL’s Project Devil initiative, Pictela’s product suite of products and services includes a cloud-based platform for the creation, delivery and analysis of premium ads.
At launch, the system supports six IAB standard ad sizes, including 300×1050, 300×600, 970×90, 728×90, 160×600 and 300×250.
Read more: MediaPost
The metrics you should be using
“You can’t manage what you don’t measure,” is an old management adage. However, by the same token, just because you can measure something, does not mean you should manage by it.
I authored a previous iMedia article about why clicks are the wrong metric. In that article, I alluded to the view-through effectiveness of display advertising despite the absence of clicks. In the spirit of that conversation, I want to discuss the relevance of other metrics in determining campaign success
Use: Brand measures like lift in awareness or consideration You can’t click on a billboard, radio, or TV ad but we know they impact awareness, consideration, even purchase intent. Of course, the same is true of online ads. If the campaign has a branding objective, then optimize to it, ideally with a real-time data-driven approach.
Brand marketers want solutions that demonstrate improvement over time, transfer learnings across campaigns from top of the funnel to mid-funnel, and finally, result in sales. Everyone loves search for converting in-market folks but don’t always remember to widen the funnel. As a marketer, if you rely on offline media (namely, TV) to be your lone awareness vehicle, then you’re subject to over-saturation in television and missing out on cross-media optimized exposure. Complement offline with a digital awareness initiative.
Read more: iMEDIACONNECTION
Twelvefold Extends ‘Spectrum’ Ads To Mobile
Twelvefold Media (formerly BuzzLogic) has brought its Spectrum ad platform, which targets display ads at the page level based on topic, audience and social activity, to the mobile realm.
The company says its Spectrum for Mobile solution will allow more precise targeting on smartphones and tablets than what is typically available today. It notes that traditional mobile ad solutions target audience based on categories or targeted to keywords. Spectrum for Mobile matches ads to more specific content, such as “easy-to-make, healthy snacks for kids that contain whole wheat and are loved by moms.”
Read more MediaPost