Senior Editor
James covers the intersection of commerce, media and advertising technology.
Jeff Green, Founder and CEO of The Trade Desk, has been spiking the football lately in earnings reports, as some of his long-held predictions have come to fruition. First, there was Google’s delay of third-party cookie deprecation, which seemed like a bold bet when he first predicted Google wouldn’t remove third-party cookies by the initial deadline. This quarter, it was Netflix who delivered.
Seven months ago, TikTok surpassed one billion worldwide users, breaking into a club that previously consisted only of Google and Facebook apps. Since then, TikTok has been on a massive ad platform expansion campaign as it tries to both follow in the footsteps of apps like Facebook, Instagram and YouTube, and differentiate itself from the old guard of the billion-strong walled gardens.
Retail media is the hottest thing in online advertising and one of the most important categories for the future of programmatic growth. And the most important thing about retail media 2.0, a catchall for retailers using first-party data to target and monetize their audiences, is that the real value doesn’t come from the inventory or even who’s making the buy. It’s all about the data.
It’s NewFronts season. A week of programmatic pageantry where the data-driven video and streaming media ecosystem plays dress up in an attempt to recreate the glitz and glamour of the age-old TV upfronts. But across the Atlantic, the industry is hard at work dealing with the harsh realities of the online era as advertising becomes a means of “psychological warfare.”
Facebook marketer Rok Hladnik awoke last Thursday to discover that more than half of the 140 Facebook ad accounts he operates had been randomly turned off. The week before, the campaigns were overspending in the wee hours of the morning, when they should have been dormant. 2021 was the year of the cicada swarms in the US. But the bugs have come for the metaverse this year, apparently.
Amazon disappointed investors with a $3.8 billion net loss in Q1 this year, its first quarterly loss in the past six years, plus online sales ticked down 1%. Amazon Advertising, however, did not disappoint. “Advertising revenue was up 25% year over year, and that’s a strong run rate compared to the revenue growth rate,” CFO Brian Olsavsky told investors.
TikTok has become accustomed to Facebook and Instagram stealing its cool new features and video formats. So, it’s a refreshing change to see TikTok pilfer one of Meta’s innovations. Starting Thursday, advertisers can add first-party cookies to the TikTok site conversion pixel. TikTok also instituted a straight-up requirement that advertisers collect and pass along third-party cookies.
There’s no time to stop and shop when there’s so much to test and learn. Unless, of course, you’re Stop & Shop. The northeastern US grocery chain is four years into a program to expand its ecommerce marketing and first-party data capabilities. But it still feels like early innings, considering how much change has happened […]
Walmart has The Trade Desk. Target’s Roundel uses Index Exchange as an SSP and taps Criteo and CitrusAds on the demand side. Quotient lost the grocery chain Albertson’s but signed exclusive contracts with AutoZone and Hy-Vee. CitrusAds picked up part of the Albertson’s ad tech business. The new varieties of retailer walled gardens are built on a foundation of open ad tech.
Roku wants in on the clean room conversation. The streaming TV platform announced its proprietary clean room offering on Tuesday, with agency partners including Omnicom Media Group, Horizon Media and dentsu. The product was built on Snowflake’s media and ad tech cloud data infrastructure.
Noodle & Company first started a rewards program in 2017, but for the first few years the goal was mainly to “surprise and delight” customers with random freebies or upgrades. In late 2019, it became a points-based program. The most significant aspect of the program’s transformation is mental, going from serving up random benefits to a system “based on personalized [and] targeted offers to individual guests.”
Roughly three years ago, dairy and food manufacturer Land O’Lakes tested a customer data platform (CDP) to help with site optimization. People who visited pages about horse management, for example, or how to set up a home chicken coop, were targeted with relevant ads. Land O’Lakes sells farm feed and equipment, not just products you […]
Retail media is returning to the spotlight after its heyday of mascot-branded cereals in Saturday morning TV cartoons, newspaper circulars and cardboard cutouts in store aisles. This time, retail media is powered by first-party purchase data and loyalty programs. We speak to SVP of Kroger Precision Marketing Cara Pratt, an OG when it comes to OGs (online groceries, that is).
It’s your friendly neighborhood ad platform. At least, that’s the pitch by Nextdoor as its advertising business matures. Nextdoor launched a consolidated ad platform called Nextdoor Ads (if you can believe it), which brings self-service tech and new formats and features to its local and small business advertisers.
AppLovin and The Trade Desk announced twin news items today. The mobile gaming and advertising giant launched an integration with Unified ID 2.0, and The Trade Desk buy directly from AppLovin for the first time. The Trade Desk has historically been a major demand partner for MoPub, said Meagan Martino, AppLovin head of demand for EMEA and the Americas, who came to AppLovin with the acquisition. “Getting The Trade Desk to migrate and transition to AppLovin was one of the top priorities for my team.”
The Worldwide Web Consortium (W3C), the main technical standards developer of the internet, will lose longtime university partner MIT as administrator and US host organization at the end of this year. Many W3C members are advocating for a new organizational structure as a non-profit funded by members and board members – a familiar structure for industry orgs. But there is no immediate solution and MIT won’t renew its host contract at the end of the year. The clock is ticking.
Two years after Instacart made its first major push into ad tech, the company is launching more products that follow the playbook written by other major online ad platforms. “We’re a maturing ad platform,” said Instacart VP of advertising product management Ali Miller. As Instacart itself learns over time what works and what doesn’t on its ad platform, it will turn those learnings into commercial products.
Consumer habits and changes among retailers themselves have reshaped the agency landscape around a new form of commerce media. The trend wasn’t as obvious a few years ago, when online retail media opportunity looked scattered with an emphasis on discounting: think cash-back apps and the heady days of Groupon sales, or CPGs on Amazon Fresh. Now, a brand that sells online faces a different landscape and an entirely different team of partners helping them.
Google: Still trying to make shopping on Google happen. The search giant announced a new suite of shopper marketing tools on Monday. Google also that its Smart Shopping campaigns, which are campaigns connected to a merchant’s inventory catalogue, will be folded into its new Performance Max product by the end of the year.
Walmart uses its “growth algorithm” – adding high-margin advertising and its third-party marketplace businesses as it simultaneously invests in low-margin businesses (namely, groceries and ecommerce fulfillment). Macy’s is pursuing its Polaris plan, an overhaul built around its new customer lifetime value measurements. The mall-based fashion brand EXPRESS has an EXPRESSway Forward plan. Across categories and shopping channels, US retailers have reshaped their businesses.
Instacart just took its first steps beyond owned-and-operated Instacart media with the launch of a new retail media offering that serves ads on grocers’ sites and apps. The new retail advertising product, called Carrot Ads, is part of a broader ecommerce offering Instacart introduced on Wednesday, which also includes Carrot Warehouses, a warehousing and fulfillment service, and an advertising analytics product dubbed Carrot Insights.
TripleLift, once a scrappy gen-two ad tech startup (though by now a grizzled programmatic veteran), announced its first-ever acquisition on Monday, spending $150 million for Swiss publisher data company 1plusX. The acquisition is meant to bolster TripleLift’s two-pronged focus on CTV and identity, TripleLift Chief Strategy Officer and co-founder Ari Lewine told AdExchanger.
If you know the brand Ibotta, you’re likely thinking of the popular cash-back app. Users upload receipts of in-store purchases and redeem credit for products listed for promotion in the app. But while that business still exists – and still represents the majority of Ibotta’s revenue – the company is shifting from DTC app to B2B2C performance marketing network.
The Trade Desk and Adobe Experience Cloud announced a partnership on Thursday to sync emails stored in the Adobe CDP product with The Trade Desk, which converts the emails into Unified ID 2.0 (UID2) IDs that can be traded programmatically. Advertisers and publishers have moved away from DMPs and other cookie-based advertising ID solutions in […]
Major changes are coming to Google Analytics as the company navigates higher consumer privacy standards and increasingly complex international privacy laws. The most consequential change: Google Analytics will no longer log or store IP address information.
It’s a familiar story – He picked up a new pandemic hobby, while finding pockets of time away from small children. For Neil Hoyne, Google chief measurement strategist, being stuck at home meant writing a book. Converted: The Data-Driven Way to Win Customers’ Hearts, was published last month. “The single lesson that pulls through here is that a lot of these changes are easier for companies to realize then what they may suspect.”
Wine Access has evolved in lockstep with the internet and changing consumer habits. In 2006, it started operating ecommerce domains for wine publications and vineyards. Because it sends email follow-ups on behalf of wine sellers, Wine Access became an early email database with daily newsletter content and special offers. The company also started producing stories and content about its vineyard customers and wines, which generated cookies and publisher data. In 2017, it launched its own online store. Over the past two years, the company has been surfing the next major wave of the digital economy: the great subscription boom.
Microsoft is the multitrillion-dollar advertising company that nobody saw coming. There’s a reason for that. Until recent, Microsoft was a distant and relatively uninvested competitor in the advertising sector. The company didn’t have ad tech, exactly, and its own properties – MSN, the Bing search engine and the Edge browser – never gained marketer mindshare. But that’s going to change, said Rob Wilk, who took over as head of Microsoft Advertising in January.
Integral Ad Science is chasing two shiny trends – contextual targeting and connected TV – as the company charts a course in digital measurement and ad verification. The growth plan has generated, well, growth. IAS earned $323.5 million last year, up by more than a third from 2020, the company reported in its quarterly earnings report on Thursday. Though Integral’s net loss grew year-over-year as well, from $32 million to $52 million.
This week, there’s only one big story: the Russian invasion and war in Ukraine. The worlds of media, marketing and technology are reckoning with their role in a time of war. Difficult theoretical questions of content moderation and information access are all of a sudden not-so-theoretical and advertisers, too, must consider their role.