Amazon advertising is strategically cozying up to key agencies

adnews | September 12, 2019

Amazon is getting close to advertising agencies to ensure their media spend is flowing the right way as the giant retail platform continues to weaken the dominance of Google and Facebook, according to analysis by Forrester. The US-based online retailer is offering exclusive deals and data partnerships. But the industry analysts say don’t get excited too quickly. And watch out because Amazon would love to get that ad spend directly from brands. "Agencies cannot and should not treat Amazon as just another ad channel because of its status both as an eCommerce platform and a media platform," says Forrester analyst Collin Colburn.

Spotlight

What if you could automate the ability to interact with an individual customer in a way that’s completely personalized? And what if the automation did not require millions of dollars and years to build? Good news: Customer data platforms (CDPs) have emerged to make personalized marketing possible for companies large and small. The early days of mass marketing involved conveying a generic message to a wide variety of audiences. These mass-marketing techniques often fell on deaf ears, because consumers have individual needs not met with one-to-many communication approaches. For many marketers, the ability to personalize the message to each individual has long been the holy grail. Imagine automatically greeting each person visiting your website with a specific message and imagery based on whether they’re a long-time customer versus a prospect. Or, what about automatically not emailing promotions to those with open (and negative) customer-service tickets? And wouldn’t it be helpful to advertise online -- based on purchasing data -- only to those customers who haven’t bought the product?

Spotlight

What if you could automate the ability to interact with an individual customer in a way that’s completely personalized? And what if the automation did not require millions of dollars and years to build? Good news: Customer data platforms (CDPs) have emerged to make personalized marketing possible for companies large and small. The early days of mass marketing involved conveying a generic message to a wide variety of audiences. These mass-marketing techniques often fell on deaf ears, because consumers have individual needs not met with one-to-many communication approaches. For many marketers, the ability to personalize the message to each individual has long been the holy grail. Imagine automatically greeting each person visiting your website with a specific message and imagery based on whether they’re a long-time customer versus a prospect. Or, what about automatically not emailing promotions to those with open (and negative) customer-service tickets? And wouldn’t it be helpful to advertise online -- based on purchasing data -- only to those customers who haven’t bought the product?

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New Research Explores How DTC Ecommerce Brands Measure Performance and Optimize Ad Spend

Measured | July 27, 2022

Measured, the leading spend optimization platform for DTC advertisers, today released The State Of DTC Marketing Measurement, a new research report that explores how direct to consumer (DTC) marketers are navigating budget optimization and measurement challenges associated with ongoing upheaval in the advertising industry. Based on a recent survey of DTC marketers, conducted by media metrics consultancy Sequent Partners, the report reveals where marketers are allocating their ad spend, how they collect and manage data for performance reporting, and what tools and technology they are using to connect media investments to business results. “New privacy rules restricting user-level tracking and shortening attribution lookback windows have had a significant impact on measurement systems and capabilities for media platforms and attribution vendors,” said Alice Sylvester, Partner at Sequent Partners. “These challenges, added to rapid shifts in consumer behavior caused by unpredictable global events, have kept marketers in reactive mode for the past few years. This research captures the current mindset of DTC marketers and evaluates how they are preparing for an unpredictable future.” Survey responses were collected from 300+ DTC marketers, director level and above. Some of key findings include: The greatest challenge for DTC marketers is accessing and synthesizing accurate data from disparate sources. 64% of DTC marketers spend over nine hours per week on reporting activities, with some roles spending upwards of 25 hours per week compiling performance reports. Despite reported inaccuracies, more than 80% of DTC marketers still rely on click-based data as their primary source of media measurement. Marketers overwhelmingly agree experiments and testing significantly improve their decision-making confidence. Last touch is hard to quit Despite the well-documented inaccuracies of last-click attribution, most DTC marketers are still using data from platform reporting as their primary form of measurement. 69% of marketers indicate data accuracy as a main concern, yet 81% are confident in their ability to tie media spend to business results. Findings indicate brands are either performing additional analytics, like incrementality experiments, to get a clearer picture, or they’re hazardously taking platform data at face value. Experiments lead to confident decision-making The methods least used currently by marketers as their primary form of measurement are incrementality experiments (4.7%) and multi-touch attribution (MTA), at 2.5%. As privacy-related challenges continue to erode the validity and popularity of MTA, marketers are increasing investments in tools and technology for in-market testing and experimentation, which can be executed without tracking users. 80.2% of respondents say testing and experiments make them more confident about media decisions. Data is more abundant, but still unmanageable With data management issues topping the list of challenges faced by DTC marketers, it is unsurprising that reporting efforts take up so much of their time. In contrast, the vast majority of marketers (82.4%) state that they have a single source of truth for marketing data. The contradiction suggests these systems are still inadequate for normalizing data from disparate sources and providing fast and reliable access to cross-channel insights. “While the landscape has changed a lot and the past few years have been turbulent for so many reasons, what marketers want has remained consistent. They need to know where to put the next dollar for the best possible results - and they need to trust where they’re getting the answers,” said Trevor Testwuide, CEO and co-founder of Measured. “For brands, this research confirms that they are not alone in the seemingly endless pursuit of reliable insights. For Measured, it confirms where we need to focus our energy to provide the most value for our clients and guide them to a successful future.” About Measured Measured is an advertising spend optimization platform built to help DTC brands make smart media investment decisions. With the only proven approach that can demonstrate the true incremental business contribution of each ad dollar spent, Measured provides reliable ongoing insights, regardless of industry changes in ID tracking and data privacy policies. Measured incrementality experiments are expertly designed for every marketing channel and are powered by a marketing data warehouse (MDW) that is custom built for each individual brand. Since 2017, brands like Crocs, Parachute, Rothys, Ruggable, and Vuori have relied on incrementality insights from Measured to maximize media performance and drive business growth. For more information, visit measured.com.

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Teikametrics’ Marketplace Optimization Platform, Flywheel 2.0, Adds AI-Powered Automation to Maximize Advertising Performance Across Marketplaces

Teikametrics | August 05, 2022

Teikametrics, the leading optimization platform for sellers on Amazon and Walmart, today announced that its flagship product, Flywheel 2.0, now automatically optimizes keyword targets across multiple marketplaces. The top online marketplaces in the world sold $3.23 trillion in goods in 2021, and the competition to get on the coveted first page of results in those marketplaces is increasing. Brands can run ads across multiple marketplaces (Amazon, Walmart, Target and more) to gain a competitive advantage, but managing effective keywords and bids simultaneously can quickly become overwhelming. Flywheel 2.0 delivers the only AI targeting algorithm that automatically harvests top-performing keywords across a seller’s marketplaces then applies them everywhere the seller’s products appear. The automation solution dramatically increases the volume of performing keyword targets, which is especially important when launching a new marketplace, and continues to optimize performance holistically across sellers’ marketplaces dynamically. “Sellers are looking to diversify across multiple marketplaces, but optimizing advertising on more than one marketplace at the same time adds complexity,” said Alasdair McLean-Foreman, CEO and founder of Teikametrics. “Sellers are looking to diversify across multiple marketplaces, but optimizing advertising on more than one marketplace at the same time adds complexity,” said Alasdair McLean-Foreman, CEO and founder of Teikametrics. “Our new AI-powered algorithm in Flywheel 2.0 solves for this by dynamically using the sellers’ best-performing keywords across multiple marketplaces. As a result, we’re giving multi-channel sellers a big competitive advantage, especially for those launching on new channels like Walmart.” Flywheel 2.0 is available to try risk-free via a free trial (no credit card required). Sellers with less than $10,000 per month in sales can use Flywheel 2.0 completely free. Multi-Channel Marketplace Acceleration via Walmart With Flywheel 2.0 Teikametrics is the leading AI-optimization platform for Walmart, the fastest-growing marketplace in North America. Thousands of Amazon sellers have diversified by adding their products to Walmart, and Flywheel 2.0 helps accelerate their business on this new channel. Leading organic foods brand BetterBody Foods worked with Teikametrics and improved total sales on Walmart.com by 38x by increasing advertising by 5x while increasing return on ad spend (ROAS) by 6x. Along with cross-marketplace insights, Flywheel 2.0 offers detailed metrics, including product-level sales, advertising, and profitability, allowing sellers to visualize data that can diagnose inefficiencies and uncover growth opportunities. To learn more about how Flywheel 2.0 saves sellers time and removes complexity by completely automating product-first, full-funnel advertising, visit teikametrics.com/flywheel. About Teikametrics Teikametrics’ AI-powered Marketplace Optimization Platform helps sellers and brand owners maximize their potential on the world’s most valuable marketplaces. Founded in 2015, Teikametrics uses proprietary AI technology to maximize profitability in a simple SaaS interface. Teikametrics optimizes more than $8 billion in GMV across thousands of sellers around the world, with brands including Munchkin, mDesign, Clarks, Nutribullet, Conair, Nutrafol, and Solo Stove trusting Teikametrics to unlock the full potential of their selling and advertising on Amazon, Walmart, and other marketplaces.

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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.

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