An exciting step forward in measurement

by Andy Atherton
March 8th, 2010

I am very excited about today’s release of yet another batch of fantastic campaign results for an Ad Age 20 CPG brand.  I am excited about this release in particular because of the use of both Nielsen and Vizu measurement technology for this campaign – an important step in establishing a link between improvement in purchase intent and improvement in offline purchase rate.

The Nielsen data establishes that this campaign, like our other SalesLink campaigns, drove a fantastic ROI as measured by offline sales compared to media investment. This metric is obviously critical because 95% of retail commerce still occurs offline. It’s easy to forget that in Silicon Valley, but ultimately advertising is about selling stuff and it makes a lot of sense to focus on the 95% rather than the 5%, regardless of medium. The Nielsen data is great in that sense, but it also has two drawbacks; Results aren’t available for 3 months after the campaign ends and those results have very limited granularity so it can be difficult to know what it was about the campaign that worked best.

Adding Vizu to the picture allows us to get granular data about what’s working best (creative, media mix, frequency) during the campaign, when we can still use those results to optimize. Vizu measures purchase intent not actual purchases like Nielsen, but we saw a very intuitive relationship between the two for this campaign. If this relationship holds reliably through further studies, then Vizu can be a very important tool in improving campaign impact. We don’t stop measuring offline sales, we just know a lot more a lot faster about what makes those results better.

Brands repeatedly tell us they want to be confident their vendors are doing what they say, but even more important are a) proving that their campaigns are effective where it really matters and b) helping them understand why.

Say what we do, do what we say and drive proven results. That’s our business.

 

Coming Full Circle

by Elizabeth Blair
February 1st, 2010

While it’s a close contest, I think I was the most excited Brand.netter with our Video launch today. 

I left my job doing M&A in the New York magazine publishing industry, and moved West to join the internet industry (Yahoo!), early in 1998.  Why? Living in Manhattan, reading Seventeen, Modern Bride and American Baby for work by day, and Red Herring and Business 2.0 for fun at night, it was clear Change Was Coming.  The internet had jumped the early adopter fence, and the way audiences consumed content was going to change dramatically.   Silicon Valley would provide the technology for that change.  But one thing wasn’t changing – advertisers’ need to reach consumers as they make lifetime Brand connections – the tweens, teens, brides and moms.

“Content” and “Monetization” are the essential elements of all media.  I’ve always been a monetizer at heart.  Not creating the coolest news, information, entertainment, and communications products for millions of people to use, but finding a way to pay for it.  

I’m often jealous of the internet content folks, who always have been way out ahead of the monetizers.  At Yahoo! we were at least blazing the trail to bring online the megabrands that need to reach tweens, teens, brides, moms and more.  But there weren’t many others making much headway creating content and business environments that made sense for brand advertising. 

Then, seven or eight years ago Overture caught fire monetizing search – and Google jumped in.  Mission Accomplished?  Yes for Search.  But for those of us who love great content, and know it takes Brand advertising to support it (and that Brands really want to support it, by the way) declaring victory seemed premature. 

Entrepreneurs leave big companies to put their passions to work.  My passion:  I want a world of fantastic content we can consume when and how we want it, on whatever device we own or are testing out that day at the Apple Store.   

So, today, I am excited and proud to be launching our Video offering with Unilever’s I Can’t Believe It’s Not Butter.  Back with the tweens, teens, brides and moms, where and how they want their content now, with Silicon Valley technology making it possible.  Coming full circle, and just getting started.

Find me on twitter: @eb_brandnet

 

Online Video: Our Opportunity is VAST

by Andy Atherton
January 11th, 2010

In my guest article today in Ad Age, I state that the IAB’s new video ad serving standard (“VAST” for short) has serious implications for video-only ad networks (e.g., Tremor, Brightroll, etc.) for two reasons:

1. A significant portion of the engineering work in which the incumbents have invested enormous time and money will effectively be marked to zero by the market

2. Existing, technically sophisticated display ad networks will enter the video market quickly and effectively.

To be clear, when i say “video”, I’m not talking about in-banner video or overlays, “bugs” etc.  I am talking about :15 and :30 second pre-, mid- and post-roll video.  This is the video advertising format where the environment is most similar to TV and the creative is directly transferrable from TV.  As such, it represents >90% of advertiser demand for online video and will continue to be the lynchpin in moving TV budgets online.  VAST effectively hits the “reset” button on this market in 2010 and while many current players will face serious trouble, for some companies this is an enormous opportunity.

Brand.net is one of those companies.  Melissa, Elizabeth and I have been astonished how often and emphatically during the past year the top agencies, as well as Top 100 advertisers directly, have asked us to extend our market leading brand display platform capabilities (SafeScreen, SmartScale, etc.) to video.  So our sales force is out taking orders for a platform extension that does just that.

Top 100 advertisers want online video to explode as an advertising medium.  It’s the obvious, and (to stay in front of their target audiences) necessary, successor to the $60B they spend on sight, sound and motion brand-focused TV buys each year.   But today’s video ad networks simply don’t provide the brand-focused capabilities Top 100 advertisers require.   What have they told us for the past year they want from online video?  The ability to guarantee Quality, Scale and Value.

Music to our ears.  Stay tuned.

 

Forrester Report: Ad Networks for Brand Advertisers

by Andy Atherton
March 4th, 2009

I was happy to see Brand.net was recommended in a recent recent research report from Forrester Research entitled “Ad Networks for Brand Advertisers”.  Forrester’s research suggests that as brand marketers focus on doing more with less, Brand-focused ad networks are a good solution driving increased efficiency and decreased cost without sacrificing quality or control.  The note is fairly brief, but includes some valuable advice for online brand marketers evaluating networks.  In particular,  Forrester recommends careful vetting of potential network partners.  In a crowded ad network market it’s important to separate the networks that can deliver against complex brand requirements from those with more DR-focused capabilities.  Good advice.

The summary of the report is available here.

 

Lessons in Online Branding: Working the Full Funnel; Balancing Online Measurement With Offline Sales

by Andy Atherton
January 15th, 2009

This past month two of my recent byline articles were featured in the Online Media Daily section of MediaPost.  I thought it was worth a quick re-post on our blog for those that don’t regularly read MediaPost.  While each article stands on its own, they were originally composed together.

The first article offers a different perspective to the steady stream of Direct Response focused press which seems to suggest that performance-based and/or online-only metrics are the only important ones to consider in managing online advertising spend.  I agree that measurement is important and that whenever possible we want to drive toward direct metrics (e.g., ROI).  However, here’s our collective challenge: the vast majority of retail commerce–nearly 90% overall in 2008 and much higher for key Brand categories like CPG and Automotive–still takes place offline. Thus, for the majority of marketers evaluated based on their success in driving offline sales, online-only metrics are likely to be less useful than proven tools like brand awareness/favorability, purchase intent or even reach and frequency, for that matter.  These metrics certainly are not perfect, but they are tested, well-understood and are useful across media.  The Internet can increasingly facilitate the accurate and economical measurement of Brand metrics and there continue to be exciting advances in online measurement capabilities, but there are still some real limitations when it comes to measuring offline impact.  Brand marketing fundamentals remain critical to overall marketing success, even online, and Brand marketers cannot afford to ignore the obvious value available online today.

The second article cites specific evidence to show how critical it is to work the full advertising funnel versus focus only on metrics which are easily measurable and quantifiable.   I use two examples to support this point of view: (1) research published by the Atlas Institute and (2) an example from my past experience running pricing and yield management for Yahoo!’s global display business.  These examples illustrate why value can be difficult to measure and also how models cannot substitute for domain experience and common sense.

As always I would welcome your comments and feedback.
- Andy Atherton, COO/Cofounder