Business Wire | September 25, 2023
Perion Network Ltd. (NASDAQ and TASE: PERI), a global technology company whose synergistic solutions serve all major digital advertising channels - including search, social, display, and video/CTV – announced today the appointment of Kenny Lau as Chief Product Officer of Perion’s Advertiser Solutions.
Through his experience in multiple domains of AdTech and large-scale platform development, Lau will expand Perion’s technology moat and ability to drive high-growth, high-margin, high-ROI solutions. Lau has held key roles at many of the industry's most prominent companies, including PubMatic, Criteo, and AdTheorent. In his most recent role as Vice President of Product of Advertiser Solutions at PubMatic, he led a global product development team of over 100 engineers and product managers.
Tal Jacobson, Perion’s CEO,said
Perion has demonstrated its ability to develop and successfully introduce innovative solutions that consistently outperform the industry. With Kenny’s extensive industry knowledge and experience, we are set to maintain this trend of excellence. He will be instrumental in amplifying our technological innovation and enriching our offerings in categories such as retail media, CTV, and video.
“I have been following Perion for a while, and I couldn’t be more excited to join this great team that has proven its ability to deliver innovative solutions to a constantly evolving dynamic industry,” said Kenny Lau. “While the industry grapples with tightened spending and consolidation, Perion continues to outperform. I look forward to driving the expansion of the company’s portfolio of industry-changing products and services, further strengthening Perion’s leadership position across the AdTech ecosystem.”
About Perion Network Ltd.
Perion is a global multi-channel advertising technology company that delivers synergistic solutions across all major channels of digital advertising – including search advertising, social media, display, video and CTV advertising. These channels converge at Perion’s intelligent HUB (iHUB), which connects the company’s demand and supply assets, providing significant benefits to brands and publishers.
For more information, visit our website at www.perion.com.
Ad Networks, Advertiser Platforms
Business Wire | August 02, 2023
Today, Go Addressable, an industry initiative to advance addressable advertising, and Advertiser Perceptions released new findings that capture the latest growth, adoption, usage and trajectory for this medium.
One noteworthy finding from this latest round of research was the marked growth in the industry’s adoption and usage of this medium. Presently, 73% (or nearly three in four marketers) are using addressable TV, compared to 63% (or nearly two in three marketers) when the study was fielded this same time last year. This is a 16% increase.
“The big story behind these findings is growth,” said Dan Rosenfeld, SVP, Data Analytics & Insights, DIRECTV Advertising. “Two years into Go Addressable’s launch, we are excited to see that the needle behind adoption, usage and awareness of this medium has continued to move consistently. We take these findings to heart and remain committed to finding ways to further enhance, innovate and pioneer addressable advertising’s future.”
The study revealed positive momentum in other key areas:
Among those polled, nearly half (49%) had a combined linear and digital team planning addressable TV strategies for marketers.
The percentage of respondents citing “better measurement/proof of ROI” as a factor to consider when increasing or initiating addressable TV investments dropped from 50% to 43% in this latest study, suggesting that there has been more industry-wide education and awareness of how the medium works and its benefits over the past year.
The findings also yielded important insights when it comes to areas that need more improvement or focus. One example is the industry’s perception versus what is currently being done around attribution. Respondents, in particular, noted that they felt there is currently “inadequate attribution to prove the ROI of addressable TV advertising.” (Contrast that with the fact that Go Addressable currently works with the top 20 attribution vendors in market.)
“Addressable advertising has evolved tremendously in recent years, and clients find that using this method adds immediate value to their media plans,” said Jen Soch, Executive Director, Channel Solutions, GroupM. “Our clients need to know they can reach and engage with consumers in a targeted and personalized way while in a premium advertising environment, and addressable advertising delivers in a way that not only reaches audiences, but resonates with them.”
The study is part of an ongoing research initiative between both parties. To view the full report, as well as past studies, click here.
About Go Addressable
Go Addressable is an industry inclusive initiative led by TV distribution companies (Altice USA’s a4 Advertising, Charter Communications' Spectrum Reach®, Comcast, Cox, DIRECTV Advertising, DISH Media and Verizon) to help maximize the scale, impact and value of TV as a marketing platform. The group’s mission is to further accelerate the advancement of addressable TV advertising in a way that is trusted, scalable and effective for both advertisers and programmers looking to make their inventory addressable. Go Addressable will achieve this through advocacy and education within the industry; problem-solving and action around industry challenges; and by working to facilitate the use of addressable advertising campaigns for buyers and sellers of TV inventory. For more information on how to participate, please visit http://www.goaddressable.com/.
About Advertiser Perceptions
Advertiser Perceptions provides research-based strategic market intelligence and expert analysis to the media, advertising and ad tech industries. We survey brand marketers, agency executives, media specialists and IT leaders through our curated and proprietary Ad PROS™ community to provide clients with an unbiased view of the market, competing brands, and customer experiences. These actionable insights give clients the confidence to inform both strategic and operational decision-making to improve their products and services, strengthen their brands, and drive higher ad-related revenue. www.advertiserperceptions.com
businesswire | August 28, 2023
EDO, the TV outcomes company, released today the inaugural NFL TV Outcomes Report, which highlights key ad engagement trends from the 2022-23 NFL season. EDO analyzed every Convergent TV ad that ran during linear and streaming NFL programming to reveal the season’s most impactful matchups for advertisers, the brands with the most effective investment, and granular analysis of TV ad engagement data across nine categories, such as Automotive, CPG, and Restaurants.
Heading into the 2023 season, NFL media inventory has never been more essential. Live sports held the lion’s share of Upfront investment this year, and as a pair of Hollywood strikes threaten to derail fall TV premieres, advertisers are looking to America’s favorite sport to fill critical gaps in their media plans. As marketers across industries continue to contend with economic headwinds, EDO’s outcomes data will help optimize limited budgets on TV’s most premium inventory.
“Every Convergent TV marketer knows that the NFL has long been the undisputed champion of the live sports ecosystem, keeping the advertising industry running smoothly amidst time-shifting, cord-cutting, and migration to social media,” said Kevin Krim, President & CEO, EDO. “But in this challenging TV environment, audience isn’t enough. If you don’t know what is driving your consumers to engage with your brand or make a purchase, you’re not going to be able to plan and optimize media and creative before the next week’s kickoff.”
Key highlights from the EDO’s NFL TV Outcomes Report include:
NFL Dominates Top Linear Programming. In 2022, the NFL was responsible for half of the top ten most engaging linear TV programs in terms of advertising effectiveness — topped by a Super Bowl that was 220% more engaging than the average primetime program.
Live Streaming and Sports are the New Frontier. In its inaugural season, Thursday Night Football games on Amazon’s Prime Video were 116% more effective at driving consumer engagement than the broadcast primetime average.
Spanish-Language NFL Heats Up. While ads aired during Spanish-language (SL) regular season and playoff games performed about on par with the SL primetime average, Super Bowl LVII on Telemundo was about 208% more effective at driving engagement. Nyquil, Heinz, and Flonase were among the top SL advertisers of the season.
Thanksgiving Day NFL Games Drive the Most Ad Impact. Three of the most impactful games for advertisers ran on Thanksgiving Day, with the primetime matchup between the New England Patriots and the Minnesota Vikings taking the top spot.
Rihanna is Super Bowl LVII’s Real MVP. During her first performance in seven years, Rihanna generated over 1000x as much online engagement as the median-performing in-game Super Bowl LVII ad. The term "Rihanna pregnant" generated 52x as much online engagement during Halftime as did the median-performing Big Game ad this year.
EDO also analyzed brand and creative performance in NFL programming by category.
“Luxury auto and restaurant advertisers had particularly strong investment and ad engagement throughout last NFL season,” said Laura Grover, SVP, Head of Client Solutions, EDO. “Regular season ad engagement for categories including CPG: Food & Beverage, Non-Luxury Auto, and Retail performed about the same, on average, as their respective category primetime performance benchmarks.
Grover continued, “Despite this, ad performance for these categories saw a major boost from campaigns run during the playoffs. Ads from CPG Food & Beverage brands were 102% more effective than the category's primetime average in the playoffs, Non-Luxury Auto ads were 42% more effective than its category average, and Retail ads were 35% more effective.”
The most effective TV advertisers during the 2022 NFL regular season, per industry, are:
CPG, Food & Beverage
CPG, Home & Personal
Popeyes Louisiana Kitchen
Dick's Sporting Goods
“In this environment, brands simply can’t afford to make a big investment at the beginning of the season and wait until after the Super Bowl to find out whether it worked,” continued Krim. “With investment-grade TV outcomes data at your side, you’ll be able to call performance-optimizing audibles all season long - which will carry you through the regular season and beyond.”
Visit edo.com/NFL to download EDO’s NFL TV Outcomes Report and know what’s working for every brand advertising in the NFL. To find out how your brand is performing, reach out to NFL@edo.com.
About EDO, Inc.
EDO, Inc. is the TV outcomes company — a leading platform measuring predictive behaviors driven by Convergent TV advertising. By combining real-time engagement signals with world-class decision science, EDO data maximizes creative and media performance. We work with modern marketers at leading brands, TV networks, entertainment studios and ad agencies. EDO's investment-grade data aligns advertising investments to business results - with detailed competitive, category, historical and predictive intelligence.