In the wake of Millennial Media’s agreement to buy Jumptap, AdExchanger spoke with Mollie Spilman, EVP of global sales and marketing at Millennial, who shed some light on the company’s plans and its approach to mobile advertising. Spilman was previously CMO at Yahoo. AdExchanger: How will Millennial be able to stay “best in class” while trying […]
GroupM has lowered its global ad spending forecast for the second year running. The media investment arm of WPP cited Eurozone weakness as the main reason why it expects 2013 ad growth of 3.4%, instead of the 4.5% it previously predicted. Argentine currency volatility, a wobbly Japan and Egypt’s chaos were secondary reasons. The five […]
Somehwhere there may be a business school class enjoying this. It’s a pretty simple construct – when commoditization occurs, the increased competition leads to eroding margins for an entire swath of companies. And then the games begin. Business case in point is today’s nexus of media and ad tech businesses – whether it’s Omnicom-Publicis, Tremor […]
“Data Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Jay Seideman, US director of the targeting and exchange team at Microsoft. At the end of every year, publishers enjoy many wild debates about budgeting, forecasting and sales compensation. […]
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here. The CFO + Momentum Release Continuing a recent trend in ad technology, location data ad-tech and services company PlaceIQ has decided it’s time for a chief financial officer, as the 3-year-old startup follows CFO announcements by Triggit and RapLeaf progeny LiveRamp. PlaceIQ also said […]
Following its spring acquisition of recommendations engine Avail, ecommerce personalization and shopping media company RichRelevance has acquired the assets of data analytics startup Precog, for an undisclosed sum. Founded by former Amazon exec David Selinger in 2006, San Francisco-based RichRelevance currently has close to 200 customers including Walmart, Target and Marks & Spencer. Precog CEO […]
Tying mobile ad impressions to in-store visits is critical for advertisers looking to measure the value of their ads. Location analytics company Placed is approaching the challenge with a new product called Placed Attribution, that provides metrics around the number of people who saw an ad on their smartphone and then visited the advertiser’s store. […]
The evolution of commerce has made data the new “MVP” of retail marketing. A common theme at this week’s eTail East conference in Philadelphia, a gathering of 1,150 retail minds, was delivering personalized offers at scale. To do so, marketers are looking for ways to harness data across a range of sources ranging from loyalty marketing […]
Millennial Media’s acquisition of competitor Jumptap has shed new light on the mobile arena. Despite being the country’s second-largest provider of mobile display advertising, behind Google, Millennial has struggled to recapture the momentum it enjoyed when it went public last year. The $193 million acquisition will inject new vitality into the Baltimore-based company, claimed Millennial CEO […]
Video ad delivery management service Extreme Reach’s $525 million purchase for competitor DG’s TV ad business unit is only the beginning of what is shaping up to be a shopping spree, according to its CEO John Roland. Extreme Reach has three basic product lines that Roland wants to develop very quickly, perhaps by the end […]
“The Sell-Sider” is a column written by the sell-side of the digital media community. Today’s column is written by Jim Spanfeller, CEO at Spanfeller Media Group, Many argue in this age of deep and big data that content is not nearly as good of a proxy for ad targeting as data. Having both aligned, they’ll […]
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here. Publisher Power Gannett is looking to grab advertising spend that might have traditionally gone to agencies through the creation of its G/O Digital platform (see the site). The company is corralling its own companies, such as BLiNQ, Shoplocal, Key Ring, GannettLocal and DealChicken, and […]
One big old mobile ad network is set to acquire another. Publicly-traded Millennial Media announced an agreement to buy Boston-based Jumptap for a combination of tech and stock. Read the release. While Jumptap’s roots are in a traditional publisher network model, Millennial called Jumptap a “programmatic and mobile-first” platform. According to Millennial CEO Paul Palmieri, Jumptap’s strategic benefits […]
Mobility has meant marketers can deliver high-value messages to consumers using less real estate, Nicholas Franchet, Facebook’s head of global ecommerce, told a crowd of 1,150 marketers and retailers today at the eTail East conference. The good? Nearly 50% of time spent on retail sites now happens through mobile devices, according to comScore. Tablet sales […]
David Karnstedt, a veteran of digital media who led and then sold Efficient Frontier to Adobe, has left the company for unspecified “opportunities.” Adobe confirmed Karnstedt is no longer SVP and GM for media and advertising solutions, a position he has held since the 2012 acquisition of search and display ad-management platform Efficient Frontier, where […]
The $525 million sale of digital ad management provider DG’s TV ad distribution business to rival Extreme Reach is not just about freeing the Irvine, TX-based company from heavy debt incurred by acquisitions designed to build its online capabilities. It’s also about taking better advantage of TV-digital convergence by staking out a position solely on […]
So much for convergence strategy #1. A move that was long-rumored, publicly came to fruition at 9p. ET last night as DG (formerly known as DG Fastchannel or Digital Generation Systems) announced via a press release that it had sold its TV ads distribution business to its arch-competitor, Extreme Reach, for $485 million. DG CEO […]
With global ecommerce sales exploding at a rate of 16% year-over-year in Q2, reaching $49.8 billion, according to comScore, the industry is primed for growth. Yesterday, the eTail East conference kicked off, drawing some 1,150 marketers, retailers and technology vendors to Philadelphia for the week. Last year, eTail Boston attracted 990 attendees, event organizers said. […]
“Data Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Dina Zelikson, senior marketing manager at Intuit. The ad industry is abuzz with all things programmatic, yet despite the diversity of channels and the interconnectivity they present, the focus […]
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here. Display Down Under The online advertising industry in Australia seems to be mirroring that in the US and elsewhere, with the IAB Australia reporting double-digit industry growth for mobile, search and display. Mobile is growing the fastest, and for the first time since 2002 […]
While the US is generally considered the leader when it comes to advances in online advertising, Europe’s varied broadcast industry could point the way for what will happen on these shores in the area of programmatic television, according to a report by Forrester analyst Jim Nail. “TV has never been as central to the marketing […]
Rakuten – owner of affiliate giant Linkshare and the Mediaforge retargeting platform — is determined to grab a wider share of digital marketing spend. The Japanese ecommerce player has agreed to buy PopShops, a Seattle-based provider of pipes for live product-data feeds. PopShops is primarily used by affiliate publishers as a means to obtain up-to-the-minute […]
NBC News has acquired the user-generated live video service Stringwire, in addition to hiring the startup’s founder, Phil Groman. Stringwire’s technology allows NBC News to gather video footage from the public more efficiently, but the technology poses challenges from an advertising standpoint. When Twitter users tweet about a news event, NBC News will be able […]
Many consumer tech companies are zeroing in on local advertisers. Take Foursquare, which has rolled out a self-service tool to facilitate small-business ads, and Groupon, which is backing away from the deal-a-day email (direct-offer emails accounted for less than 40% of transactions in Q2) in favor of mobile and a burgeoning local marketplace to draw […]
Sprint Nextel has seen mobile visits as a ratio of overall traffic spike dramatically in recent months. And it has responded by throwing marketing investment at mobile touch points – including paid media and mobile-in-retail experiences. “The embrace of mobile in commerce, in shopping, in everything we’re doing across marketing has been a huge shift,” […]
“Data Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Jeremy Hlavacek, vice president of operations and strategic partnerships at The Weather Company’s WeatherFX Data Unit. Yield is the lifeblood of digital publishers. The primary business goal of all […]
Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here. Programmatic Korea Agency Cheil and demand-side platform MediaMath are partnering up in Korea, according to Campaign Asia, with plans for expansion into China and Southeast Asia next year. “We’re seeing more and more programmatic buying growth from Southeast Asia, but so far, the markets […]
As the mobile ad market grows, so do the stakes for providing contextually relevant ads. Geo-targeted ads on mobile devices are getting a boost from companies like Google, Foursquare and Twitter, which are in various stages of rolling out new ad units that leverage location data. In a blog post yesterday, Google announced ads will […]
Facebook’s big push into video ads, expected this fall, is bound to have ripple effects in the online video space — as a major new source of premium inventory becomes available. From Tremor Video’s perspective, Facebook’s focus on what appears to be in-banner ads will allow the company to further differentiate itself in what remains […]
Retailers that push fewer posts, but better and more targeted ones, are gaining an edge over those that pursue volume when it comes to publishing Facebook content, new data suggests. The 50 Social Retail Report from enterprise social media management company Expion analyzed 16,000 posts for the top 50 retail brands as designated by Interbrand. […]
