Home Publishers American Greetings SVP Alessi Discusses Digital Media Strategy And New Lotame Partnership

American Greetings SVP Alessi Discusses Digital Media Strategy And New Lotame Partnership

SHARE:

Lotame announced on Wednesday that it has launched a self-serve audience data management platform (DMP) called “Crowd Control (which) enables web publishers to create custom audiences, to directly license anonymous audience data for use in interest-based advertising, and to protect the privacy of their site visitors.” Also, Lotame announced that American Greetings Interactive will use Crowd Control for American Greetings network of websites to help provide insights into audience buying opportunities. Read the release.

Steve Alessi, vp advertising sales & operations, American Greetings, discussed his company’s digital initiatives and his company’s new partnership with Lotame.

AdExchanger.com: Can you provide a little background on your responsibilities at American Greetings?

I am responsible for the Advertising Sales and Operations across American Greetings Interactive network of sites as well as any potential offline advertising integration. Our core sites include AmericanGreetings.com, BlueMountain.com, Egreetings.com, Yahoo! Greetings, MSN Greetings, Webshots.com and AGKidzone.com. My team’s role is to create new innovative advertising opportunities while constantly evolving the custom products and services we provide in order to deliver the highest value to both our advertisers and our consumers.

What is the scope and importance of AG’s digital initiatives in the overall marketing mix? And, where does the use of data and data-driven display fit in?

We are over a billion dollar offline company but digital still plays a very large role in our business and in advertising specifically it plays an extremely large role. As of today the majority of our advertising revenue is generated by creating first-class, custom content for our advertisers that is directly integrated into the core fabric of our sites. This combined with targeted media creates strong value for our partners. Since our ecard sites have a very targeted demographic of women (70%) we are already able to provide excellent reach to the core consumer of our advertisers. That said, I see data-driven display as a way for us to segment even further and access the tighter niche audiences that we know we have on our sites. This will give us the opportunity to provide valuable targeting to our advertisers in a safe environment where consumers are in a positive mindset and looking to engage and connect with friends and family.

What is the biggest pain point for you as a digital publisher today as it relates to yield management?

The ability to identify and attract very specific audience segments to our sites and to our diverse content, and to improve engagement so we can increase the value we provide our partners, thus acquiring larger partnership budgets.

What were the criteria you used at AG to evaluate Lotame’s data management platform?

Interface “ease of use”, more in-depth data and options, customer service and trust. Extremely important to us is that not only is the owner and team at Lotame trusted partners, but that they are also soliciting our feedback as one of their flagship partners so we have the opportunity to really shape the next steps of what ad data can become and together mutually benefitting us all from the voyage.

A year from now, what results are you expecting from Lotame’s platform?

I am expecting that the Lotame platform provides us the ability to provide our advertisers brand new audience segments for them to communicate with, even higher performance for the media and custom campaigns they run with us, provides a better experience for our site visitors, and enable us to maximize the true value our inventory through increased CPM’s and efficiency.

By John Ebbert

Must Read

Fox Announces Plans To Acquire Roku For $22 Billion

It’s long felt like a foregone conclusion that Roku would eventually get gobbled up by a much bigger fish. Now, the day has finally arrived.

What Platforms Say Will Bring Bigger Ad Budgets To Digital Audio

To close the gap between digital audio ad spend and audience engagement, audio platforms want to get more deeply embedded in omnichannel campaign planning tools.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Programmatic TV Home Screens And Gaming Ads For Kids

How can companies put ads in new places without hurting the user experience? Smart TV makers, like Samsung, are adding programmatic ads to the home screen, and Roblox will now show ads to users under 13. We examine the trade-offs as platforms expand their ad footprint.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

This AI 'Brain' Wants To Get Rid Of The Grunt Work In Creative Campaigns

Innovid’s latest offering serves as the “brain” behind a company’s orchestration layer. Optimum says it reduces manual work and cuts down on execution time.

multiple sets of eyes

Amazon DSP Adds Adelaide’s Pre-Bid Attention Targeting

Advertisers can target high- and medium-attention ad inventory in Amazon DSP while filtering out low-attention placements and made-for-advertising sites.

Marketers Are Getting Used To AI In The Ad Stack

Marketers and media buyers are gradually getting more comfortable talking about ad campaigns they’re testing on large-language models like OpenAI’s ChatGPT.