Is reward-based advertising the booming frontier for digital medium?

exchange4media | August 19, 2019

Consumers have started leveraging smarter ways to avoid advertisements, thanks to the increasing antipathy towards advertising. You can praise native ads all you want but it’s still not a silver-bullet as a vast majority of digital ads are still intrusive, irritating and creepy. So how does the industry make digital advertising work? The answer might be simple. Instead of fighting with consumers, respect them. Give them autonomy and freedom. Give them something in return of their time. A new wave of platforms has figured that out, as they tap on incentive-based advertising that might well be the big driver of sweeping changes in ad tech, brought to you by an unexpected underdog: value exchange.

Spotlight

In this video, Jacaré Technologies shows a nice concept of interaction with an advertising panel using face recognition to display the 3D content according to the customer playing with the ad. Gesture recognition is used as well in order improve the user experience. The camera used can get other body information like the BMI, height, gender and age. This system can be connected to the database of stores in order to suggest to the customer the right item available in the stocks of the clothing stores.

Spotlight

In this video, Jacaré Technologies shows a nice concept of interaction with an advertising panel using face recognition to display the 3D content according to the customer playing with the ad. Gesture recognition is used as well in order improve the user experience. The camera used can get other body information like the BMI, height, gender and age. This system can be connected to the database of stores in order to suggest to the customer the right item available in the stocks of the clothing stores.

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ADVERTISER PLATFORMS

Nextdoor and Oracle Advertising Announce Strategic Collaboration

Nextdoor, Oracle Advertising | October 18, 2022

Nextdoor (NYSE: KIND), the neighborhood network, and Oracle Advertising, a leader in real-time attention analytics, today announced a strategic collaboration that will offer greater transparency and controls to Nextdoor advertisers, helping ensure high-value, optimal ad experiences on the platform. Development is expected to begin in 2023. Heidi Andersen, Chief Revenue Officer at Nextdoor said: "We know that advertisers are seeking more definitive ways to help ensure environments uphold the highest standards. Oracle Moat is a categorical leader and by implementing its Contextual Intelligence solutions alongside our existing advertising suite, we’re able to deliver the tools advertisers of all sizes need to expand their consumer reach, effectively optimize campaigns and confidently measure success on Nextdoor.” Heidi Andersen, Chief Revenue Officer at Nextdoor said: "We know that advertisers are seeking more definitive ways to help ensure environments uphold the highest standards. Oracle Moat is a categorical leader and by implementing its Contextual Intelligence solutions alongside our existing advertising suite, we’re able to deliver the tools advertisers of all sizes need to expand their consumer reach, effectively optimize campaigns and confidently measure success on Nextdoor.” Oracle Moat, part of Oracle Advertising, is a measurement and marketing analytics suite designed to help advertisers, publishers, and platforms measure media performance across the breadth of their digital and TV advertising campaigns. Oracle Moat delivers solutions that assist in measuring advertising effectiveness, including verification and attention, as well as reach and frequency. Irina Dzyubinsky, head of product for Oracle Moat said: “To maximize value, advertisers are increasingly demanding in-depth measurement tools and guardrails that extend into user-generated content, to deliver effective and trusted campaigns. Nextdoor connects brands with a uniquely engaged, local audience. By working together, we’re able to give advertisers greater control over where, and around what content, their campaigns run, and to help drive even more successful campaigns.” In addition to using Oracle Moat, Nextdoor strives to provide a trusted environment for all marketers and users on the platform. In February of 2022, the company released Nextdoor’s annual Transparency Report, which highlighted the company’s investment in neighborhood vitality, its community-oriented approach to moderation, and provided transparency around Nextdoor’s user-first approach to engaging with government requests for user information and moderation. For more information about advertising on the neighborhood network, visit https://business.nextdoor.com/en-us/enterprise. About Nextdoor Nextdoor (NYSE: KIND) is where you connect to the neighborhoods that matter to you so you can belong. Kindness is core to our purpose: to cultivate a kinder world where everyone has a neighborhood they can rely on. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with those nearby — neighbors, businesses, and public services. Today, neighbors rely on Nextdoor in more than 295,000 neighborhoods across 11 countries. In the U.S., nearly 1 in 3 households uses the network. Nextdoor is based in San Francisco. For additional information and images: nextdoor.com/newsroom. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.

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DISPLAY ADVERTISING

Good-Loop Launches Purpose-Powered CTV Ad Format That Rewards Viewers' Attention With Donations To Charity

Good-Loop | October 28, 2022

Purpose-led ad platform Good-Loop today launched a new CTV ad format that rewards viewers' attention and time with a free donation to charity. Advertisers can buy the new watch-to-donate format across various CTV channels using Good-Loop's purpose-powered ad wrapper. Once the ad has been played, it generates a free donation to a charity, funded by the brand. Formats include pre, mid and post-roll. The new CTV ad unit also includes a QR code, which viewers can scan to drive through to the Good-Loop's Impact Hub, where they can find out more details about the campaign and the charity partner. They can also see how much has been raised in real-time and understand the real world impact of the funding. Participating charities include the Eden Reforestation Project, Love The Oceans and Black Minds Matter. CTV viewership is booming. eMarketer forecasts there will be 109.3 million households with a CTV by the end of 2022, which equates to 83.6% of U.S. households, while 40% of adults watch videos using CTV devices every day (source: Leichtman Research Group). Good-Loop's new CTV format gives advertisers access to this rapidly growing, highly-engaged audience in a way that drives brand purpose and delivers significantly better ad performance and ROI. Good-Loop's purpose-powered ad formats - which drive brand engagement by converting people's attention to ads into funding for good causes around the world - on average drive a 33% higher engagement rate, 50% higher completion rate and 4.5X higher ad recall than the rest of the industry - as well as building significant brand love, trust and affinity. Ryan Cochrane, COO, Good-Loop, said: "CTV viewership is exploding right now. However, increased competition means brands are finding it increasingly hard to get noticed by this rapidly expanding global audience. TV ads don't normally reward viewers for their time and attention. Good-Loop's new CTV ad format does. It enables TV viewers to make a donation to a good cause simply by watching an ad. "For consumers, rather than passive viewers, it means their precious time and attention is truly rewarded and helps to fund a good cause. For brands it's a way to do good at scale, while also standing out among the ever-growing crowd of brands tussling for CTV viewers' well-earned attention." "For consumers, rather than passive viewers, it means their precious time and attention is truly rewarded and helps to fund a good cause. For brands it's a way to do good at scale, while also standing out among the ever-growing crowd of brands tussling for CTV viewers' well-earned attention." The new watch-to-donate unit - bought on a Cost Per Completed View (CPCV) or CPM basis - is the latest ad format from Good-Loop that harnesses the value of consumer attention to do good at scale. Good-Loop, a Certified B Corporation, is on a mission to make the connection between brands and consumers more meaningful by delivering respectful ads that deliver real social impact, while also driving significant business and brand uplifts for advertisers. The advertiser receives more meaningful brand engagement, while the consumer gets to do good for free. The charity receives 50% of the ad revenue. The company has already raised £5M for charities around the world. To find out more about Good-Loop's new CTV format, click here. About Good-Loop Good-Loop is a purpose-led advertising platform that's on a mission to make advertising better for consumers, brands and the planet. The B Corps-certified company builds turnkey products for advertisers to do good at scale. Good-Loop's carbon-neutral advertising formats drive engagement by converting people's attention into donations for good causes around the world. The company's proprietary Green Media Technology also enables advertisers to measure and reduce the carbon footprint of their digital advertising. The company, which has offices in London and Edinburgh, is on a mission to make the connection between brands and consumers more meaningful by delivering respectful ads that bring real social and environmental impact, while also driving significant business and brand uplifts for advertisers. The company has raised more than $6M for charities such as Save the Children, WaterAid, Make-A-Wish, the NSPCC and WWF. Clients include L'Oreal, Nike, Unilever, Levi's, Adidas, Volvo and Mondelez. In February 2022, the company closed a Series A funding round of $6.1M, led by New York-based investment fund, Quaestus Capital Management (QCM), with additional backing from Scottish Enterprise, impact investor SIS Ventures and European ad tech fund First Party Capital, bringing total investment into the ad tech for good platform to $8.2M (£6m) since it was formed in 2016.

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AD TECH AND MARTECH

Over 60 Brands Tap Picnic’s User-First Ad Marketplace for 50% Lower Carbon Emission Buys

Picnic | November 18, 2022

Picnic, the user-first ad marketplace, has proven that its ad solutions not only drive results but also generate substantially lower carbon emissions than the current digital advertising average. A leader in sustainable media, Picnic is also the first company to measure and compensate carbon emissions across 100% of measurable activity as standard, powered by Scope3. Picnic has today (November 16th, 2022) announced that a single ad impression delivered across their marketplace generates just 0.49g of CO2e on average as measured by Scope3, 50% lower than a current industry estimate. This is a result of Picnic’s unique inventory which must pass a user experience algorithm based on Google Core Web Vital data - ensuring page stability and fast load speeds due to reduced supply chain complexity. Further to this finding, Picnic is the first company to exclusively offer green media products, powered by Scope3. This means that all emissions generated from activity across Picnic’s marketplace are measured and fully compensated for via high-quality carbon removal projects as standard. Since partnering with Scope3 in June this year, Picnic has helped more than 60 advertisers on their paths to achieving net zero advertising. So far the activity has compensated the carbon equivalent of keeping 33.2 million smartphones charged for an entire year. This step by Picnic comes at a time when the impact of digital advertising is more apparent than ever. With the internet accounting for 2% of global carbon emissions — the equivalent of aviation’s impact — advertisers are increasingly eager to media plan with sustainability as a priority. Agencies such as Dentsu International are committed to reducing the emissions associated with media by 46% by 2030. Sadie Stuart, display manager at Dentsu says “Sustainability is now a key priority in media planning. Running campaigns with ad tech vendors such as Picnic takes us one step closer to achieving our net zero goals. What’s more - Picnic’s detailed post-campaign emission insights help us to keep brands informed on their impact.” Over the coming months, Picnic will be rolling out exciting new initiatives to help advertisers on their paths to net zero advertising; from product initiatives such as low emission targeting segments to supply path optimisations ensuring active investment in publisher partners that meet the required carbon thresholds. Alexander Taylor, head of partnerships at Picnic says “This is an exciting time for Picnic and the media industry in general as we move towards innovative sustainability solutions. We have an abundance of new initiatives we’ll be rolling out over the coming months to ensure that Picnic can support advertisers in their net zero missions.” Alexander Taylor, head of partnerships at Picnic says “This is an exciting time for Picnic and the media industry in general as we move towards innovative sustainability solutions. We have an abundance of new initiatives we’ll be rolling out over the coming months to ensure that Picnic can support advertisers in their net zero missions.” About Picnic Picnic Media is a leading premium mobile ad formats company, delivering high-impact, social-style ad formats on a unique marketplace of the highest quality mobile inventory. Their intuitively engaging advertising campaigns allow advertisers to increase brand awareness amongst their most valuable mobile customers. Working with leading global publishers, Picnic delivers increased revenue for their AMP pages, delivering impact and building brand equity by telling a brands’ story in an intuitive, mobile-first and user friendly format. For more information, go to https://www.picnic-media.com/

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