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	<title>Comments on: Publishers And The Hidden Costs Of Data Leakage</title>
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		<title>By: Edward Boettcher</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-9407</link>
		<dc:creator>Edward Boettcher</dc:creator>
		<pubDate>Thu, 26 Aug 2010 16:09:52 +0000</pubDate>
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		<description>While we are much more than just an adnet, we (AudienceScience) pay for our data.  We also help Publishers know and monetize their audience.</description>
		<content:encoded><![CDATA[<p>While we are much more than just an adnet, we (AudienceScience) pay for our data.  We also help Publishers know and monetize their audience.</p>
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		<title>By: Tom Chavez</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-9244</link>
		<dc:creator>Tom Chavez</dc:creator>
		<pubDate>Fri, 20 Aug 2010 18:54:06 +0000</pubDate>
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		<description>Agreed!

What adnets out there are paying for data right now?</description>
		<content:encoded><![CDATA[<p>Agreed!</p>
<p>What adnets out there are paying for data right now?</p>
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		<title>By: Tom Chavez</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-9243</link>
		<dc:creator>Tom Chavez</dc:creator>
		<pubDate>Fri, 20 Aug 2010 18:34:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.adexchanger.com/?p=24925#comment-9243</guid>
		<description>Thanks for the thoughtful comment, Russell.

I agree that, for a publisher, understanding audience is absolutely key.  It&#039;s troublesome that so many middlemen have, arguably, done a better job of that these last 5-10 years than many publishers.   I wonder, though: what&#039;s the point of understanding an audience if you don&#039;t own and control it?   As I&#039;m suggesting in related postings, I think Job 1 for publishers is to own their audiences before somebody else gets them for free.    Understanding that you had 4M users with income &gt; $500K after someone else skims them might satisfy curiosity, but it won&#039;t improve your bottom line.</description>
		<content:encoded><![CDATA[<p>Thanks for the thoughtful comment, Russell.</p>
<p>I agree that, for a publisher, understanding audience is absolutely key.  It's troublesome that so many middlemen have, arguably, done a better job of that these last 5-10 years than many publishers.   I wonder, though: what's the point of understanding an audience if you don't own and control it?   As I'm suggesting in related postings, I think Job 1 for publishers is to own their audiences before somebody else gets them for free.    Understanding that you had 4M users with income &gt; $500K after someone else skims them might satisfy curiosity, but it won't improve your bottom line.</p>
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		<title>By: nevoda</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-8873</link>
		<dc:creator>nevoda</dc:creator>
		<pubDate>Sun, 01 Aug 2010 01:22:12 +0000</pubDate>
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		<description>great post. i completely agree that the leakage of data is a critical issue (and may even be in contravention of many privacy laws) it speaks to two elements we have been playing with as publishers.

1. yield management may be leading us the wrong way. in traditional media, scarcity created the value (i.e. rate card rates as hurdles and limited ad spots). in online our abundance of inventory has taken scarcity away. each publisher&#039;s job is to define what his &quot;premium&quot; offering is and sell that without the use of any 3rd parties to maximise its value.
2. the packaging of segments is a critical tool for publishers, and so data is a critical issue, but to make the cost of sale reasonable, you need automation. a SSP would be a great thing (rather than an exchange). (as an aside, arent exchanegs traditionally managed on scarcity? i.e. very few companies with lots of repoting overheads mean that there are a limited number of places to invest your money thus share prices increase?) i completely get that in the future publishers will be selling segments of their audience at a higher yield per audience member than general audience. the question of how do we get there is still unanswered</description>
		<content:encoded><![CDATA[<p>great post. i completely agree that the leakage of data is a critical issue (and may even be in contravention of many privacy laws) it speaks to two elements we have been playing with as publishers.</p>
<p>1. yield management may be leading us the wrong way. in traditional media, scarcity created the value (i.e. rate card rates as hurdles and limited ad spots). in online our abundance of inventory has taken scarcity away. each publisher's job is to define what his "premium" offering is and sell that without the use of any 3rd parties to maximise its value.<br />
2. the packaging of segments is a critical tool for publishers, and so data is a critical issue, but to make the cost of sale reasonable, you need automation. a SSP would be a great thing (rather than an exchange). (as an aside, arent exchanegs traditionally managed on scarcity? i.e. very few companies with lots of repoting overheads mean that there are a limited number of places to invest your money thus share prices increase?) i completely get that in the future publishers will be selling segments of their audience at a higher yield per audience member than general audience. the question of how do we get there is still unanswered</p>
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		<title>By: Sabotosh</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-8860</link>
		<dc:creator>Sabotosh</dc:creator>
		<pubDate>Thu, 29 Jul 2010 23:26:48 +0000</pubDate>
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		<description>Tom great job articulating the publisher value proposition now that third parties can easily extract and re-use / re-sell audience data. 

Not going to shill; but if publishers are not working with adnets that actually pay for the use of data - it&#039;s time to start asking questions.</description>
		<content:encoded><![CDATA[<p>Tom great job articulating the publisher value proposition now that third parties can easily extract and re-use / re-sell audience data. </p>
<p>Not going to shill; but if publishers are not working with adnets that actually pay for the use of data - it's time to start asking questions.</p>
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		<title>By: Russell Glass</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-8838</link>
		<dc:creator>Russell Glass</dc:creator>
		<pubDate>Wed, 28 Jul 2010 18:52:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.adexchanger.com/?p=24925#comment-8838</guid>
		<description>Tom, I think you have hit on an important topic here, although I believe that &quot;leakage&quot; is actually fairly far down on priorities of a publisher.  The first step for a publisher is simply understanding their own audience!  Today, most pubs don&#039;t really understand their online audiences.  Most of them grew up in the offline world where understanding audience was a critical part of doing business.  This got lost in their shift to online, and it has cost them dearly as technology driven marketers/platforms have sucked the value from them.  In order to effectively participate in this new world of data, bidding and advertiser access to audience, I believe the pubs need to reclaim their media and audience and only THEN begin to dole it out with full visibility into what they&#039;re doing.  This will give them a huge advantage over the current way of doing things and give them a seat at the table in garnering the true value of an impression. </description>
		<content:encoded><![CDATA[<p>Tom, I think you have hit on an important topic here, although I believe that "leakage" is actually fairly far down on priorities of a publisher.  The first step for a publisher is simply understanding their own audience!  Today, most pubs don't really understand their online audiences.  Most of them grew up in the offline world where understanding audience was a critical part of doing business.  This got lost in their shift to online, and it has cost them dearly as technology driven marketers/platforms have sucked the value from them.  In order to effectively participate in this new world of data, bidding and advertiser access to audience, I believe the pubs need to reclaim their media and audience and only THEN begin to dole it out with full visibility into what they're doing.  This will give them a huge advantage over the current way of doing things and give them a seat at the table in garnering the true value of an impression.</p>
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		<title>By: Paul Cimino</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-8835</link>
		<dc:creator>Paul Cimino</dc:creator>
		<pubDate>Wed, 28 Jul 2010 14:57:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.adexchanger.com/?p=24925#comment-8835</guid>
		<description>Tom,

My company (Brilig) is an advertising data marketplace that exists to enable publishers to directly control and monetize audience data (i.e. attributes and segments). My partner, the inventor of Brilig, Christopher Keith, was CTO of the NYSE for more than a decade. He foresaw that a transparent marketplace for data and the prediction of consumer attention and interest was inevitable so we built one. By transparent we mean that all parties (publisher, marketers and eventually even consumers) have full visibility and control of their data assets. Our unique approach is not to &quot;give&quot; data to buyers but rather to allow the buyers to ask (targeting) questions of complex sets of data (which are completely controlled by the pub/seller) thus preventing leakage. This approach enables all parties to maximize liquidity and profitability in a large dynamic market. I&#039;d like to talk to you more about this if you are interested. I think we can help you with your study of the new economics of digital media. You can reach me at pcimino@brilig.com.</description>
		<content:encoded><![CDATA[<p>Tom,</p>
<p>My company (Brilig) is an advertising data marketplace that exists to enable publishers to directly control and monetize audience data (i.e. attributes and segments). My partner, the inventor of Brilig, Christopher Keith, was CTO of the NYSE for more than a decade. He foresaw that a transparent marketplace for data and the prediction of consumer attention and interest was inevitable so we built one. By transparent we mean that all parties (publisher, marketers and eventually even consumers) have full visibility and control of their data assets. Our unique approach is not to "give" data to buyers but rather to allow the buyers to ask (targeting) questions of complex sets of data (which are completely controlled by the pub/seller) thus preventing leakage. This approach enables all parties to maximize liquidity and profitability in a large dynamic market. I'd like to talk to you more about this if you are interested. I think we can help you with your study of the new economics of digital media. You can reach me at <a href="mailto:pcimino@brilig.com">pcimino@brilig.com</a>.</p>
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		<title>By: Jeff</title>
		<link>http://www.adexchanger.com/considering-digital/data-leakage/#comment-8833</link>
		<dc:creator>Jeff</dc:creator>
		<pubDate>Wed, 28 Jul 2010 13:37:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.adexchanger.com/?p=24925#comment-8833</guid>
		<description>I think Tom has hit the nail on the head. What I believe he is referring to is a need for a &quot;sell-side&quot; platform. One that could potentially make &quot;ad-supported&quot; work for everyone.

Content owners and creators originally sacrificed their audience value in exchange for traffic, an early ad metric. They commoditized their user data, giving it to third party networks, without extracting its true value. This drove down ad revenue as audience data was utilized and monetized on myriads of additional sites rather than the original content owners&#039;.

Many sites are now backpedaling, erecting pay-walls in order to recognize higher revenue, but it is unreasonable to expect a user such as myself to pay for a multitude of subscriptions.

A compromise must be met.

Three parties each have a need; users demand content, creators demand payment, marketers demand audience. I believe that markets can help by efficiently negotiating that compromise.

Tom is correct. Publishers of all types have leaked massive amounts of money. It has always dumbfounded me that within the Internet (and mobile) era of ultra-addressability, digital ad revenue has continually traded at a discount. Perhaps with the creation of a “sell-side” platform, one that can extract the full value of an audience, publishers can plug the leak.

Jeff 
Gulp Media</description>
		<content:encoded><![CDATA[<p>I think Tom has hit the nail on the head. What I believe he is referring to is a need for a "sell-side" platform. One that could potentially make "ad-supported" work for everyone.</p>
<p>Content owners and creators originally sacrificed their audience value in exchange for traffic, an early ad metric. They commoditized their user data, giving it to third party networks, without extracting its true value. This drove down ad revenue as audience data was utilized and monetized on myriads of additional sites rather than the original content owners'.</p>
<p>Many sites are now backpedaling, erecting pay-walls in order to recognize higher revenue, but it is unreasonable to expect a user such as myself to pay for a multitude of subscriptions.</p>
<p>A compromise must be met.</p>
<p>Three parties each have a need; users demand content, creators demand payment, marketers demand audience. I believe that markets can help by efficiently negotiating that compromise.</p>
<p>Tom is correct. Publishers of all types have leaked massive amounts of money. It has always dumbfounded me that within the Internet (and mobile) era of ultra-addressability, digital ad revenue has continually traded at a discount. Perhaps with the creation of a “sell-side” platform, one that can extract the full value of an audience, publishers can plug the leak.</p>
<p>Jeff<br />
Gulp Media</p>
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