Netflix Opens Doors to Ads After Subscriber Count Takes a Nosedive

Apurva Pathak | May 11, 2022 | 122 views

Netflix

Netflix Takes an Unexpected Route

Popular streaming giant Netflix’s subscriber count plummeted for the first time in a decade. After it announced the loss of 200K subscribers in Q1 of 2022, its stocks dipped more than 35%. In addition, a shareholder recently sued the platform for violating securities law after its subscriber growth reached an all-time low and the stock value crashed, making the picture bleaker.

It’s not surprising that the platform had a change of heart about bringing advertising to its platform. The decision puts the platform in the same category as its competitors, HBO Max, Amazon’s Freevee, and Disney+, who want to offer cheaper, ad-enabled content to consumers. It also addresses the company’s issue of slow revenue growth.

“Those who have followed Netflix know that I’ve been against the complexity of advertising and a big fan of the simplicity of subscription, But as much as I’m a fan of that, I’m a bigger fan of consumer choice.” 

co-CEO Reed Hastings


What Do Advertisers Think?

The advertising community had mixed reactions to the announcement. Long commercials are not an option on streaming platforms like Netflix. The ads run only for a few minutes every hour to retain the viewer experience. Despite this, advertisers are excited to target Netflix’s rich audience of over 200 million.

There is no clarity on who will sell the ads and how the campaigns will be managed. Only time will tell how Netflix’s move will affect its subscribers and the advertising market.

The company will keep ad-free tiers for subscribers who wish to enjoy high-quality ad-free content. It may change its subscription plans to offer low-cost plans with ads and minimize password sharing. There is no set timeline or regions decided for implementing these plans.

The company hopes that this “consumer choice” to choose a cheaper plan will revive its subscriber growth graph.


What Comes Next?

Though Netflix has done the unexpected, it is giving well-established ad-funded broadcasters and streaming platforms a reason to worry. As of now, the potential for a low-cost VOD service equipped with ads is huge for advertisers. Once the plans are introduced, new audience profiles will emerge. Advertisers will want to understand and target them. As an ad platform, Netflix’s performance will only be understood through testing and learning.

Spotlight

WAVE

WAVE formed with the aim of focusing on representing primarily companies in high technology solutions, services, and products. As a new venture WAVE brings together an international team of established titans in the sales and marketing industries. We have 30 locations all across the US, and footprint in Europe and Australia. When you partner with WAVE the whole sales process is managed for you. This includes everything from managing social media, lead generation, qualification, discovery, closing sales and managing long term client relationships. We have a "people-first" mentality that allows us to create marketing campaigns that speak to target demographics. Our campaigns spark conversations

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Microsoft Named Netflix’s Global Ad Technology and Sales Partner

Article | July 6, 2022

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Article | July 14, 2022

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Article | November 16, 2021

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Creating Great Ads: CX Should Surpass Technology in Priority

Article | July 6, 2022

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Spotlight

WAVE

WAVE formed with the aim of focusing on representing primarily companies in high technology solutions, services, and products. As a new venture WAVE brings together an international team of established titans in the sales and marketing industries. We have 30 locations all across the US, and footprint in Europe and Australia. When you partner with WAVE the whole sales process is managed for you. This includes everything from managing social media, lead generation, qualification, discovery, closing sales and managing long term client relationships. We have a "people-first" mentality that allows us to create marketing campaigns that speak to target demographics. Our campaigns spark conversations

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IAB Europe Announces Results of its Annual Attitudes to Programmatic Research

IAB Europe | October 03, 2022

IAB Europe, the leading European-level industry association for the digital marketing and advertising ecosystem, today announced the results of its annual ‘Attitudes to Programmatic Advertising Study’. Now in its eighth year, this study has become an industry benchmark and helpful insight to show how programmatic advertising attitudes, adoption and strategies are evolving. This year the study tripled in responses with over 1000 industry professionals taking part across 29 markets in Europe. The respondents represent four stakeholder groups – advertisers, agencies, publishers, and ad tech vendors – to ascertain the views and directions from the entire ecosystem. More than half of the respondents across advertisers, agencies and publishers manage annual advertising budgets of €1m or above. 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However, marketers must play a crucial role in these areas, ensuring that balance is found between optimising media spend, data transparency and delivering a targeted and enjoyable consumer experience.” Positive Outlook Driven by Connected TV All stakeholders (74% of advertisers, 80% of agencies and 68% of publishers) are expecting their programmatic investment to increase over the next 12 months. There seems to be consensus around connected TV as a key growth area; more than 50% of all stakeholder groups cite this as a key to programmatic growth over the next 12 months. Voice, almost non-existent as key to growth in previous years – makes a strong appearance this year with 32% of advertisers and 28% of agencies citing this as a key growth area. 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T-Mobile Launches Canva Pro + Facebook Advertising on Us

T-Mobile | September 01, 2022

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And with features like Brand Kits logos, colors, and fonts are grouped together for fast, streamlined creation of designs. Canva Pro also offers full access to Canva's media library of over 100 million visual and audio assets, exclusive brand fonts and 100 GB of cloud storage. “We recognize how important marketing is in helping businesses get in front of new customers, so combining design and advertising into one offer for small businesses was a no-brainer,” said Callie Field, President, T-Mobile Business Group. “We recognize how important marketing is in helping businesses get in front of new customers, so combining design and advertising into one offer for small businesses was a no-brainer,” said Callie Field, President, T-Mobile Business Group. “Meta and Canva are two powerhouse forces in design and advertising, and we wanted our small business customers all over the U.S. to get access to the very best. That’s just what the Un-carrier does.” And with the Un-carrier’s Extended Range 5G covering nearly everyone in the country — 320 million people across 1.8 million square miles — small businesses from rural towns to big cities can take advantage of this offer. Canva Pro plus Facebook Advertising on Us is available today in-store and online for T-Mobile customers on eligible phone plans through the end of the year. For more information on this limited time offer, visit www.t-mobile.com/business/offers/facebook-ads-on-us. Follow T-Mobile’s Official Twitter Newsroom @TMobileNews to stay up to date with the latest company news. Facebook Ads: Limited-time offer; subject to change. Qualifying credit, port-in (for new customers), service (3+ lines total) & activation on any postpaid T-Mobile/Sprint small business rate plan required. If you have cancelled voice lines in past 90 days, reactivate them first. $200 credit via Virtual Prepaid Mastercard, which can be used only for advertising on Facebook, Instagram for Facebook, or Instagram; no cash access & expires in 6 months. The Virtual Prepaid Mastercard is issued by Sunrise Banks N.A., Member FDIC, pursuant to a license from Mastercard International Incorporated. Allow 6-8 weeks from fulfilment of offer requirements. Max 1/account. For accounts up to 20 lines. May not be combined with some offers or discounts. Canva Pro: Limited-time offer; subject to change. Receive 6-months of Canva Pro (valued at $77.94) when you register to receive a code and then redeem the code within 30 days. Offer fulfilled by Canva; requires Canva account. 1 offer per account. After free trial, plan automatically renews at $12.99/month until cancelled. 5G: Capable device required; coverage not available in some areas. Some uses may require certain plan or feature; see T-Mobile.com. About T-Mobile T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: https://www.t-mobile.com.

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SAP Boosts Brand Awareness Using GumGum’s High Impact Ad Formats

SAP, GumGum | September 07, 2022

GumGum, a contextual-first global digital advertising platform, has announced that multinational software company, SAP, has become the first brand in EMEA to leverage both GumGum’s high impact desktop skin advertising unit, and its cookieless contextual targeting solution, VerityTM, to significantly boost brand awareness. Led by OMD Hamburg, a leading media agency, the campaign successfully improved brand perception of SAP as a trusted business by +7ppts, and as a company that offers the best business software and solutions by +5ppts. Measurement was provided by research experts On Device Research (ODR) and Lumen Research Ltd. ODR measured the campaign’s impact on the SAP brand by comparing the results of two tests. The first test comprised a control sample of people who had not been exposed to the ad creative, and the second test was aimed at the target audience, with consumers shown the campaign’s ad creative. Lumen provided eye tracking technology to both measure the attention the contextual campaigns received, and help understand the broader implications of attention as a metric for the digital advertising industry. Using VerityTM, GumGum served the desktop skin unit across its premium roster of publishers, on contextually relevant articles, targeting key business decision makers. VerityTM is able to scan everything from copy and imagery, to audio and video, for accurate and safe ad placement, without the need for cookies or any personally identifiable information (PII). The research was a huge success in proving that GumGum’s high impact ad units – and Verity’sTM cookieless contextual intelligence technology – positively impact both brand awareness and brand consideration. 61% of the audience exposed to the campaign took some form of action. One in three felt the ad campaign was informative, while a positive shift was also seen among the target audience (+5ppts). Peter Wallace, general manager of EMEA at GumGum, says: “There were so many aspects about this piece of research that got us excited." Peter Wallace, general manager of EMEA at GumGum, says: “There were so many aspects about this piece of research that got us excited. The chance to work with one of the world’s leading software companies is an obvious one, but the opportunity to test VerityTM in the German market for the first time was hugely rewarding. The future of digital advertising in this cookieless, privacy-first era is all about contextual, and tapping into the consumer’s mindset at the right moment to engage and influence their imagination and behaviour. We’re delighted to have helped SAP to do that.” Moritz Fisecker, integrated media manager EMEA at SAP & Timo Steyer, deputy director digital strategy at OMD Hamburg, say: “We were looking to increase brand and product awareness – and ideally consideration – when we partnered with GumGum to help boost our advertising campaign performance. Our friends at Lumen and ODR concluded that those that saw the ads had a spiked interest in learning more, ultimately increasing brand consideration, and we’re delighted to declare our media campaign and the research results with GumGum and OMD Hamburg a success. The campaign clearly demonstrated the potential of a cookieless approach for driving improved outcomes for digital advertising.” About GumGum GumGum is a contextual-first global digital advertising platform that captures people’s attention, without the use of personal data. We believe that a digital advertising ecosystem based on understanding a consumer’s active frame of mind rather than behaviour builds a more equitable and safer future for consumers, publishers and advertisers alike. Founded in 2008, GumGum is headquartered in Santa Monica, California and operates in 19 markets worldwide. For more information, please reach out to pr@gumgum.com

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IAB Europe Announces Results of its Annual Attitudes to Programmatic Research

IAB Europe | October 03, 2022

IAB Europe, the leading European-level industry association for the digital marketing and advertising ecosystem, today announced the results of its annual ‘Attitudes to Programmatic Advertising Study’. Now in its eighth year, this study has become an industry benchmark and helpful insight to show how programmatic advertising attitudes, adoption and strategies are evolving. This year the study tripled in responses with over 1000 industry professionals taking part across 29 markets in Europe. The respondents represent four stakeholder groups – advertisers, agencies, publishers, and ad tech vendors – to ascertain the views and directions from the entire ecosystem. More than half of the respondents across advertisers, agencies and publishers manage annual advertising budgets of €1m or above. Nick Welch, Head of EMEA Programmatic Sales at IAS and Programmatic Trading Committee Chair at IAB Europe said: The “Attitudes to Programmatic Advertising 2022 Study’ serves as an important annual benchmark towards programmatic strategies in digital advertising. The widening of the research shows its focus across various players in the industry from multiple markets. We’re grateful for all the respondents to the study and helping set the agenda for the coming 12 months. Even amongst the backdrop of tightening budgets and further media scrutiny, it’s encouraging to see that investment in programmatic is likely to increase. Alongside this, we’re witnessing tremendous appetite across growing environments such as CTV and audio. However, marketers must play a crucial role in these areas, ensuring that balance is found between optimising media spend, data transparency and delivering a targeted and enjoyable consumer experience.” Positive Outlook Driven by Connected TV All stakeholders (74% of advertisers, 80% of agencies and 68% of publishers) are expecting their programmatic investment to increase over the next 12 months. There seems to be consensus around connected TV as a key growth area; more than 50% of all stakeholder groups cite this as a key to programmatic growth over the next 12 months. Voice, almost non-existent as key to growth in previous years – makes a strong appearance this year with 32% of advertisers and 28% of agencies citing this as a key growth area. Commenting further on the investment trends, James Collins, SVP, Media Network, Rakuten Advertising said “The annual Attitudes to Programmatic Report from IAB Europe is an important indicator for the industry on the opportunities and challenges for programmatic advertising. It’s positive to see that CTV remains the largest growth area for programmatic, with key learnings in this report hopefully the industry can take a step closer to capitalising on this opportunity.” Media Cost Efficiencies Are Key to Investment More than a quarter of advertisers and agencies ranked cost efficiencies as the most important driver for programmatic investment. This is closely followed by granularity of controls and transparency of reporting. Advertisers also cite costs as a barrier to investment; 22% ranked it as the number 1 barrier. Quality of media is also a concern (38% ranked this as the first or second barrier to investment). For agencies, hiring and training staff is a key barrier to programmatic investment. Advertisers Shift from In-Housing to a More Dynamic Approach In 2021 50% of advertisers said they had an in-house model. This seems to have dropped significantly to 16% in 2022. There seems to be a more hybrid or dynamic approach with advertisers tapping into a range of methods such as outsourcing to a DSP, independent trading desk etc. This is perhaps being driven by the struggle to source the correct talent, paving the way for consultancies to play a more vital role in the process. Interaction and Quality Metrics Are Key to Measurement When asked which metrics are important to evaluate display campaigns that are traded programmatically, the majority of advertisers cited social interactions as the most important, as opposed to sales which was the top metric in 2021 (59% vs 37%). For agencies and publishers, it is in delivering quality metrics (60% and 53% respectively) that is most important. Shift in the Type of Data Used for Audience Targeting The study shows a decrease in the use of first-party data alongside an increase in second-party data. Whilst 2021 showed first-party data was the priority for advertisers, agencies, and publishers in 2021, this is now ranked third behind second-party data (the most popular priority averaging 57% with agencies leading at 60%) and third-party at 49%. The report, written by industry experts from IAB Europe’s membership, and forms part of a comprehensive programme of pan-European educational and guidance outputs published by the IAB Europe Programmatic Trading Committee. The full report with accompanying graphs can be downloaded from IAB Europe’s website HERE. About IAB Europe IAB Europe is the European-level association for the digital marketing and advertising ecosystem. Through its membership of media, technology and marketing companies and national IABs, its mission is to lead political representation and promote industry collaboration to deliver frameworks, standards and industry programmes that enable business to thrive in the European market.

Read More

SOCIAL MEDIA ADVERTISING

T-Mobile Launches Canva Pro + Facebook Advertising on Us

T-Mobile | September 01, 2022

Today, T-Mobile (NASDAQ: TMUS) is launching an offer to help small businesses get MORE value without any extra cost. In collaboration with Canva and Meta (NASDAQ: META), T-Mobile is giving ALL eligible small business customers Canva Pro on Us through the end of the year, along with $200 of free advertising on Facebook and/or Instagram. Between labor shortages and inflation, it's no secret that small businesses are under-resourced right now. And marketing efforts have taken a hit. In fact, a recent survey-based study shows that 64% of small businesses lack enough time and resources to focus on marketing1. That’s why the Un-carrier is stepping up to support them with Canva Pro, an online visual communication platform that empowers everyone to create beautiful designs from presentations and social media content, to videos, t-shirts, websites and more! New or existing customers of Magenta for Business, Business Unlimited Advanced and Business Unlimited Ultimate+ plans with three lines or more can get MORE value from their business plans NOW with: 6 months of Canva Pro $200 in Facebook/Instagram advertising credits Scam Shield Premium Microsoft 365 Mobile hotspot data AND with T-Mobile’s latest Un-carrier move, Coverage Beyond, free high-speed data in 210+ countries and destinations, AND free in-flight connectivity and streaming all flight long on the biggest U.S. airlines. Secure Wi-Fi is also coming soon, a smart VPN that automatically provides a secure connection on-the-go With Canva Pro, customers receive exclusive access to MORE design resources. With customizable templates, easy-to-use image and video editing tools and a content planner to schedule and automate posting, Canva Pro can help whip up engaging social posts and marketing materials. And with features like Brand Kits logos, colors, and fonts are grouped together for fast, streamlined creation of designs. Canva Pro also offers full access to Canva's media library of over 100 million visual and audio assets, exclusive brand fonts and 100 GB of cloud storage. “We recognize how important marketing is in helping businesses get in front of new customers, so combining design and advertising into one offer for small businesses was a no-brainer,” said Callie Field, President, T-Mobile Business Group. “We recognize how important marketing is in helping businesses get in front of new customers, so combining design and advertising into one offer for small businesses was a no-brainer,” said Callie Field, President, T-Mobile Business Group. “Meta and Canva are two powerhouse forces in design and advertising, and we wanted our small business customers all over the U.S. to get access to the very best. That’s just what the Un-carrier does.” And with the Un-carrier’s Extended Range 5G covering nearly everyone in the country — 320 million people across 1.8 million square miles — small businesses from rural towns to big cities can take advantage of this offer. Canva Pro plus Facebook Advertising on Us is available today in-store and online for T-Mobile customers on eligible phone plans through the end of the year. For more information on this limited time offer, visit www.t-mobile.com/business/offers/facebook-ads-on-us. Follow T-Mobile’s Official Twitter Newsroom @TMobileNews to stay up to date with the latest company news. Facebook Ads: Limited-time offer; subject to change. Qualifying credit, port-in (for new customers), service (3+ lines total) & activation on any postpaid T-Mobile/Sprint small business rate plan required. If you have cancelled voice lines in past 90 days, reactivate them first. $200 credit via Virtual Prepaid Mastercard, which can be used only for advertising on Facebook, Instagram for Facebook, or Instagram; no cash access & expires in 6 months. The Virtual Prepaid Mastercard is issued by Sunrise Banks N.A., Member FDIC, pursuant to a license from Mastercard International Incorporated. Allow 6-8 weeks from fulfilment of offer requirements. Max 1/account. For accounts up to 20 lines. May not be combined with some offers or discounts. Canva Pro: Limited-time offer; subject to change. Receive 6-months of Canva Pro (valued at $77.94) when you register to receive a code and then redeem the code within 30 days. Offer fulfilled by Canva; requires Canva account. 1 offer per account. After free trial, plan automatically renews at $12.99/month until cancelled. 5G: Capable device required; coverage not available in some areas. Some uses may require certain plan or feature; see T-Mobile.com. About T-Mobile T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: https://www.t-mobile.com.

Read More

SOCIAL MEDIA ADVERTISING

SAP Boosts Brand Awareness Using GumGum’s High Impact Ad Formats

SAP, GumGum | September 07, 2022

GumGum, a contextual-first global digital advertising platform, has announced that multinational software company, SAP, has become the first brand in EMEA to leverage both GumGum’s high impact desktop skin advertising unit, and its cookieless contextual targeting solution, VerityTM, to significantly boost brand awareness. Led by OMD Hamburg, a leading media agency, the campaign successfully improved brand perception of SAP as a trusted business by +7ppts, and as a company that offers the best business software and solutions by +5ppts. Measurement was provided by research experts On Device Research (ODR) and Lumen Research Ltd. ODR measured the campaign’s impact on the SAP brand by comparing the results of two tests. The first test comprised a control sample of people who had not been exposed to the ad creative, and the second test was aimed at the target audience, with consumers shown the campaign’s ad creative. Lumen provided eye tracking technology to both measure the attention the contextual campaigns received, and help understand the broader implications of attention as a metric for the digital advertising industry. Using VerityTM, GumGum served the desktop skin unit across its premium roster of publishers, on contextually relevant articles, targeting key business decision makers. VerityTM is able to scan everything from copy and imagery, to audio and video, for accurate and safe ad placement, without the need for cookies or any personally identifiable information (PII). The research was a huge success in proving that GumGum’s high impact ad units – and Verity’sTM cookieless contextual intelligence technology – positively impact both brand awareness and brand consideration. 61% of the audience exposed to the campaign took some form of action. One in three felt the ad campaign was informative, while a positive shift was also seen among the target audience (+5ppts). Peter Wallace, general manager of EMEA at GumGum, says: “There were so many aspects about this piece of research that got us excited." Peter Wallace, general manager of EMEA at GumGum, says: “There were so many aspects about this piece of research that got us excited. The chance to work with one of the world’s leading software companies is an obvious one, but the opportunity to test VerityTM in the German market for the first time was hugely rewarding. The future of digital advertising in this cookieless, privacy-first era is all about contextual, and tapping into the consumer’s mindset at the right moment to engage and influence their imagination and behaviour. We’re delighted to have helped SAP to do that.” Moritz Fisecker, integrated media manager EMEA at SAP & Timo Steyer, deputy director digital strategy at OMD Hamburg, say: “We were looking to increase brand and product awareness – and ideally consideration – when we partnered with GumGum to help boost our advertising campaign performance. Our friends at Lumen and ODR concluded that those that saw the ads had a spiked interest in learning more, ultimately increasing brand consideration, and we’re delighted to declare our media campaign and the research results with GumGum and OMD Hamburg a success. The campaign clearly demonstrated the potential of a cookieless approach for driving improved outcomes for digital advertising.” About GumGum GumGum is a contextual-first global digital advertising platform that captures people’s attention, without the use of personal data. We believe that a digital advertising ecosystem based on understanding a consumer’s active frame of mind rather than behaviour builds a more equitable and safer future for consumers, publishers and advertisers alike. Founded in 2008, GumGum is headquartered in Santa Monica, California and operates in 19 markets worldwide. For more information, please reach out to pr@gumgum.com

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