Archive for the ‘Social Media’ Category

Lotame Taps Agency Thought Leader Eric Porres To Power Messaging For Social Ad Targeting Future

Monday, December 14th, 2009

LotameSocial ad targeting firm, Lotame, named Eric Porres it’s Chief Marketing Officer in a release today. Read it on the Lotame blog. Lotame also announced that it’s paying the piper (ComScore) to be included in the ComScore ad network report as the company looks to position itself against the reach of traditional ad networks.

Porres leaves Underscore Marketing where he was a founding partner with Tom Hespos. In his new marketing role, Porres said that – among his many duties – he will be heading up Lotame’s research and insights initiatives similar to last September’s “Interactivity Over Clicks” report on Social Targeting (Download the PDF).

Porres sparred with AdExchanger.com via email earlier today:

AdExchanger.com: Considering the media services capabilities of Lotame and its competitive set, do you think Lotame can someday disintermediate certain agencies? If so, under what conditions?

EP: Good agencies are truly “agents” for their clients, and as such help their clients make objective decisions about media and marketing solutions. We empower those agencies who work with us with audience intelligence and marketing insight gleaned from our social data. Historically we have never done an ‘end-run’ around agencies.

AdExchanger.com: Isn’t social targeting just another way of spinning behavioral advertising – it’s all about a user profile isn’t it? Maybe the only difference is social targeting puts more emphasis on a user’s connections. Fair?

EP: Unfair! Profile information makes up less than 10% of our total audience knowledge; it’s a rich data set, but ultimately a subset of what we capture about human behavior. To the extent that we are currently seen and play in the sandbox of ’social,’ there are others in the space that use user connections as the engine by which they drive their business. That’s not our exclusive focus. Lotame collects declared information (e.g. age, gender, interests) from profile pages across our publisher partner network. We then add a layer of collection and organizational intelligence around undeclared interests and human actions (e.g. voting, sharing, joining, emailing, inviting, posting, creating, uploading, searching). These two essential features enable Lotame to generate custom audiences and insights in real-time.

Also of note with the Porres’ move, Lotame gains a wine connoisseur. Cheers!

SocialMedia.com Focused On Turning Any Display Ad Into A Social Ad Says CEO Goldstein

Monday, November 23rd, 2009

Seth Goldstein is the co-founder and CEO of SocialMedia, a social advertising platform.

Seth Goldstein of SocialMedia.comAdExchanger.com: AdKnowledge acquired SocialMedia.com’s ad network last week as noted here by TechCrunch. Where does this leave SocialMedia.com?

We are excited about the transition of our ad network to Adknowledge. This move will allow SocialMedia.com to focus solely on its core business of developing the first social advertising platform. We’ve been a pioneer in social advertising since 2007, by building a Facebook ad platform that allowed app developers to manage, market, and monetize their inventory. Now moving forward, the company is going to bring this level of holistic publisher service beyond Facebook app developers, allowing web publishers to socially enable their inventory across the web

Can you break down SocialMedia.com’s business model? Where does display advertising fit in?

We are 100% focused on developing the first social advertising platform that allows publishers and advertisers to turn any online display advertisement into a social ad, anywhere on the web. We are confident this platform will power the next generation of social ads across the web.

How are you defining a “social ad?”

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ADISN Leveraging Data Across The Social Web To Target Display Ad Placements Says CEO Moeck

Tuesday, October 27th, 2009

Andy Moeck is CEO of ADISN, a creative optimization technology firm.

CEO Andy Moeck of ADISNAdExchanger.com: Why did you start Adisn?

AM: We started ADISN because we were tired of seeing ads or having ads served to us with zero relevance to what we were doing and interested in at that time.  From that point, we saw a few BIG opportunities.  (1) By leveraging all of the great data that was being created across the Social and Conversational web and using that data to infer display ad placement; why wouldn’t every brand want that?? (2) Online marketing will become a huge player in overall marketing and messaging to the world; why not make sure the ads understand your needs by basic behavior/pattern online within immediate sessions?  We suspect the online advertising world will grow immensely in a short amount of time and will need ADISN’S innovative technology.

Could you give us a sense of momentum at Adisn?  Any strengths or weaknesses in the ad business in general that you see these days?

ADISN is moving along quite nicely.  We have been growing revenue about 300% quarter to quarter – We don’t see much weakness but it definitely takes a bit more time / work to close deals.  What used to take 30 days now takes 90 days but in general the budgets are still there (even test budgets).

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33Across Predictive Models Segmenting Audience In Ad Exchanges Says CEO Wheeler

Tuesday, September 8th, 2009

Eric Wheeler is CEO of 33Across, a social advertising technology company.

Eric Wheeler of 33AcrossAdExchanger.com: Any update you can provide on momentum at 33Across? Hey, what does the name, 33Across, mean anyway?

EW: We’re working with a number of major brands and media agencies – The 33Across SocialDNA™ platform enables marketers to identify and anonymously target people with strong real‐world connections to a marketer’s existing customers. These “Social Proximity™” segments are uniquely generated for a given marketer using social graph data from websites that partner with 33Across. The result is large, high‐propensity targeting segments consisting of people with similar interests and purchase behavior. The results are fantastic for both direct response and brand advertisers.

33Across is a crossword puzzle reference. Usually there is a long horizontal word in the middle of a crossword puzzle around 33Across that, when solved unlocks the rest of the puzzle. 33Across is the perfect metaphor for how we help clients and their agencies leverage previously untapped social data sets to solve their biggest marketing challenges.

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HubSpot CEO Halligan Says SMB's Need Scalable, Efficient Marketing Strategy; Display Shouldn't Be The Focus

Friday, August 7th, 2009

HubspotBrian Halligan is CEO of HubSpot, a social marketing optimization company.

AdExchanger.com: What are the special concerns that the SMB has when it comes to online marketing that HubSpot solves?

BH: SMBs have myriad specific concerns that can be summarized in two general concerns: First, expertise. They know they need to get involved in inbound marketing, but they don’t know how — where to start, who to trust, how to balance different campaigns, and on and on. Second, time. Even if an SMB figures out how to get involved in social media, blogs and social media, they find they don’t have the time to really dig down beneath the surface and become an expert. HubSpot helps SMBs solve both of these problems.

As you pull together all the online tactics (blogging, seo, social media) into a single hub or marketing machine at Hubspot, do you think there is room for display advertising? Does display advertising work for the SMB?

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Media6Degrees Pancer Says Social Media Companies Need To Focus On Creating Value For Marketers To Drive Yield

Wednesday, July 15th, 2009

Pancer of Media6DegreesAndrew Pancer is Chief Operating Officer at Media6Degrees.

AdExchanger.com: How would you characterize momentum in 2009 for Media6Degrees?

AP: 2009 has been a great year for Media6°! We officially launched our commercial product late last fall and have been able to deliver fantastic results for our marketing partners. An example referenced in Adweek on 6/28/09 cites a financial services client who saw an increase in conversions of 167%. In the travel category we have a client who is seeing over $40 of booking revenue for every $1 spent with us. Across the board we are hearing Media6° is among the top performers on client media plans. As a result we have a very high renewal rate and have been adding new clients at a steady clip every month. We are now working with over 50 clients across every major spending category. We are 100% focused on meeting our client’s objectives and delivering exceptional ROI for them.

Curious about a “typical” Media6° campaign.. For example, is there a testing phase where you try to find the right audience to meet the goals of the marketer’s campaign? If so, for how long? Can you understand whether an ad unit is above or below the fold and optimize accordingly? In that there is a ton of social inventory, it would seem a campaign could be delivered very quickly as opposed to other web destination genres, correct?

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Lotame CEO Monfried Says Robust Data, Creative Assets and Interaction Needed by Agencies in Social Media Space

Thursday, June 4th, 2009

Lotame CEO Andy MonfriedAndy Monfried is CEO of Lotame, an advertising solutions provider for the social web.

AdExchanger.com: You recently stated on your blog that “Data is King” and go on to argue that – over time – purchase intent data (i.e. ecommerce, search) is less valuable than the data derived from a social profile/graph. Search marketers must have just spilled their coffee. Is social the new search in online advertising?

AM: No. Social is not the new search in online advertising. Search and purchase intent will always have a valuable place in the world of marketing, and actually, search and purchase intent can be viewed as subsets of “social.”

At Lotame when we talk about “Social” , we are talking about the 360 degree view of a user. We are talking about how known types of people behave, interact or engage with content or other types of known people. It is the ability to look at users holistically, in real time, and understand who they really are and what really interests them.

Imagine for a second you were a mobile phone company trying to sell your new phone. Naturally, it would make sense to market to those users who have recently viewed or looked at a mobile phone, right? But, what if that user was only interested in a new phone because they wanted the ability to watch comedy movies on the go? What if that user really wanted a new phone so he or she can send group messages to the rest of their soccer team? Having the ability to understand a user at their core, and understand who they really are, enables marketers to become more tactical and efficient when trying achieve certain backend goals.

How will social ad targeting and display advertising exchanges work together, if at all?

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