Ramping up your Ad Tech strategy at RampUp 2016
I had the privilege of attending LiveRamp’s RampUp2016 conference alongside the industry’s top leaders. The event centered around data, attribution and the future of ad tech, but branding, consumer insights and programmatic were hot buttons and highly disputed. Below are some #trending takeaways as it appeals to both ad tech and brands.
Trends and Innovation:
- V.R. is on the frontier of creating loyal customers through experience and engagement.
- Attribution is only increasing in importance and brands will continue to see the value as more data becomes available and easier to manage.
- Programmatic direct mail – there is a shift toward email inboxes getting more private and personal, and direct mail is gaining attention again. The hurdle being automatic systems that respond quick enough.
- Social is shaping what the consumer thinks of as “normal” and shifts their expectations. This means a convergence of how brands perform, particularity with a high expectation for speed of content.
- Display is “out” and being replaced by programmatic native content. The hurdle is standardization of boxes. The benefit to brands is that they can say a message and be direct with text, rather than creating a visual/creative ad. This means getting the brand’s message right is critical.
- The key to native is not to target the customer based on retargeting or lookalike, but to engage the customer based on how they interact with other native content.
CMO
- An appalling 77% of CMO’s don’t understand the digital supply chain.
- CMO’s must 1) Understand the customer, and 2) Be consistent with a framework and process of what is successful for your brand.
- There was a debate in the panel about whether programmatic will or should be taken in-house by the agency, the panelists were split.
- There is a push to see the consumer through first party data, not just data from the giants. This “people-based marketing” is channel agnostic.
Television
- Programmatic television is 12-18 months away, this industry has previously lagged behind, but is now making great strides.
- Look at that, NBC has .
Author – Holly Brimm, Brand Strategist