Over the past few years the rise of digital advertising has encouraged a short-termist approach to marketing, where the focus is delivering information to audiences at the lowest possible cost, without sufficiently considering whether it will effectively drive the required brand outcomes. Digital has accelerated the direct response market where instant performance metrics are more […]
Second-price auctions have been the unquestioned auction model in online advertising since the rise of Google paid search. However, as recent reports have demonstrated, they have rapidly been giving way to first-price auctions in many programmatic ad exchanges.
Over the past two weeks since returning from the Cannes Lions International Festival of Creativity, I’ve had a chance to reflect on the stellar opportunities afforded by this truly unique global event. After all, Cannes Lions doesn’t just play host to the largest gathering to worldwide advertising professionals but also to 15,000 marketing and media executives— a collective intersection of advertising, entertainment, media, and technology unlike any other. South of France setting aside, is there a better setting for our global teams to bring industry leaders together to strategically drive the industry forward?
First thing’s first: I love the candor of AdMonsters conferences; nothing to be gained by blowing smoke up each other’s supply chains. Last week was no different and key learnings abounded. I was honored to moderate a panel at AdMonsters Ops NYC where I was joined by Eyal Ebel, SVP, Programmatic Revenue at Univision; Diego Sanchez, Head of Digital Partnerships and Programmatic Revenue at Rodale; and Adam Heimlich, SVP, Programmatic at Horizon Media, to discuss the evolution of video content and monetization.