Tag: E-commerce

My Four Observations from The IAB Europe AdEx Benchmark report

The IAB Europe AdEx Benchmark report is always a great opportunity to halt the permanent hyperloop we all work in and take stock of exactly what our industry has gone through.We can see that growth has stayed at a consistent level of around 12% year-on-year over the past 5 years as online media matures, accounting for €42bn of all media. However, the following are four areas from this year’s report that I feel have driven real change within the market:

  1. Polarisation within Europe: The larger markets have matured as the tech landscape has settled and programmatic is now a cemented part of online activity within the largest markets.  This compares to the emerging markets, who are seeing rapid growth as the tech giants transfer the learnings from the mature markets’ earlier development and infrastructure. This has meant exponential growth for the likes of Romania and Slovenia, as the initial entrants into areas such as programmatic have been received positively, driving further confidence.
  2. The Organisation of Data: The accountability of online media has always been positive, but equally it has led to further complexity in the market.  Not only has measurement begun to see some degree of standardisation, helping brands understand true effectiveness over time, but it has also allowed for more dynamic, real time decisions to become a standard practice. However, this organisation of data has not just allowed for clearer measurement. Publishers and platforms have segmented their audiences with more effect – the understanding of observed behavioural insights, as well as development of robust custom audiences has meant that targeting is paying back a stronger ROI and, as a result, increasing investment.
  3. The Integration of Media and Content:  Building on the last point, and due to the complexity of formats that online media comes with, content is playing a tighter role within all media decisions.  The term “mobile first” is overused in our industry and not because people don’t appreciate the importance that the device plays in people’s lives, but because brands would all too often put their TV ad straight onto a mobile placement.  The insights we are getting from our ability to analyse data more effectively has meant that the content creation and production process is now more dynamic and increasingly relevant to the device, context and environment when served.
  4. The Growth of e-Commerce: The advancements of e-commerce from a platform experience (as well as improvements in distribution) have meant the consumer has more and more confidence in adopting this method of shopping.  This has naturally has led to a rise in more direct performance media such as search. As content experience improves and the fact that the point of desire and traction can now happen in a matter of seconds, more immersive forms of online content has begun to prove direct attribution to sales.

There are still many opportunities across the industry to improve the experience that brands provide within online media, as well as simplifying the technical infrastructure that they operate in.  However, there is a lot to be positive about as we enter the 3rd wave of disruption and the mass adoption of areas such as Artificial Intelligence and the internet of things.


My Four Observations from The IAB Europe AdEx Benchmark report

The IAB Europe AdEx Benchmark report is always a great opportunity to halt the permanent hyperloop we all work in and take stock of exactly what our industry has gone through.We can see that growth has stayed at a consistent level of around 12% year-on-year over the past 5 years as online media matures, accounting for €42bn of all media. However, the following are four areas from this year’s report that I feel have driven real change within the market:

  1. Polarisation within Europe: The larger markets have matured as the tech landscape has settled and programmatic is now a cemented part of online activity within the largest markets.  This compares to the emerging markets, who are seeing rapid growth as the tech giants transfer the learnings from the mature markets’ earlier development and infrastructure. This has meant exponential growth for the likes of Romania and Slovenia, as the initial entrants into areas such as programmatic have been received positively, driving further confidence.
  2. The Organisation of Data: The accountability of online media has always been positive, but equally it has led to further complexity in the market.  Not only has measurement begun to see some degree of standardisation, helping brands understand true effectiveness over time, but it has also allowed for more dynamic, real time decisions to become a standard practice. However, this organisation of data has not just allowed for clearer measurement. Publishers and platforms have segmented their audiences with more effect – the understanding of observed behavioural insights, as well as development of robust custom audiences has meant that targeting is paying back a stronger ROI and, as a result, increasing investment.
  3. The Integration of Media and Content:  Building on the last point, and due to the complexity of formats that online media comes with, content is playing a tighter role within all media decisions.  The term “mobile first” is overused in our industry and not because people don’t appreciate the importance that the device plays in people’s lives, but because brands would all too often put their TV ad straight onto a mobile placement.  The insights we are getting from our ability to analyse data more effectively has meant that the content creation and production process is now more dynamic and increasingly relevant to the device, context and environment when served.
  4. The Growth of e-Commerce: The advancements of e-commerce from a platform experience (as well as improvements in distribution) have meant the consumer has more and more confidence in adopting this method of shopping.  This has naturally has led to a rise in more direct performance media such as search. As content experience improves and the fact that the point of desire and traction can now happen in a matter of seconds, more immersive forms of online content has begun to prove direct attribution to sales.

There are still many opportunities across the industry to improve the experience that brands provide within online media, as well as simplifying the technical infrastructure that they operate in.  However, there is a lot to be positive about as we enter the 3rd wave of disruption and the mass adoption of areas such as Artificial Intelligence and the internet of things.


OMD FWD w/c Nov 7th

Traditional e-commerce websites may be good for shopping when you know what you’re looking for. But for those times when you don’t, Instagram has introduced new features. These new features will help users identify products in Instagram photos from brands. Vishal Shah, Instagram’s Head of Product Management for Monetization, mentions that even though we have seen progress in mobile purchasing “these two things — discovery and the actual purchase — are just not well-connected like in physical stores”. The feature will enable retailers to price label their products on the platform and then direct customers to their mobile website – still not enabling users to purchase through the app. However, Shah does mention that commerce will evolve into big business in the future – either through ads or a cut in sales.

HEADLINES

  • Facebook is a hive of activity, reporting very strong Q3 fiscal results, testing instant games it now wants to start selling TV spots on TVs through Apple TV and Roku
  • In a move that will please e-commerce teams, Instagram is set to add some shoppable features
  • WhatsApp tests Status, a new feature that’s like Snapchat stories as the platform continues to evolve

 INSIGHTS

COOL

DEEP READS

Share anything you see through the week with the hashtag #OMDFWD


OMD FWD w/c July 25th

Pokémon Go continues to top headlines as it expands into Japan and launches the game’s first sponsorship deal. In partnership with Pokémon, McDonald’s has turned 3,000 of their fast food branches into Pokémon Go “gyms”. With further deals in the U.S and Europe expected, it is likely that McDonald’s partnership with Pokémon could be an incredibly lucrative way to drive customers to the chain. In other news from APAC, Uber has announced they have reached their two billionth customer, just sixth months after hitting their first billion. CEO Travis Kalanick has said that 147 Uber rides started at exactly the same second in 16 countries to tie for the record-breaking billionth trip. The largest portion of those rides – 54 – happening in China, an indication of Uber’s growth in this country. With such tremendous growth and innovation being seen from both Pokémon and Uber we look forward to seeing what the next six months holds for these brands. As ever, please share anything you spot with #OMDFWD

HEADLINES

 INSIGHTS

COOL

DEEP READS

and finally…last one to check-in gets the middle seat


OMD FWD w/c February 22nd

As Mobile World Congress rolls around for another year we see a flurry of updates from those trying to win attention on the small screen and the process of monetising it.

HEADLINES

INSIGHTS

COOL

DEEP READS

Like always read, learn and share away!!


OMD FWD w/c 18th January

Welcome to OMD FWD, your weekly fix of future gazing stories from the world of tech, innovation and the digital space. This week UK theme park Alton Towers invest in VR for the launch of a new roller coaster, Timberland launch their first digitally connected store and the World Bank discuss the effects of mobile and digital on development and the broader economy. Read, learn and share away…!

HEADLINES

 INSIGHTS

 COOL

DEEP READS

Please do share any interesting stories using the hashtag #OMDFWD.


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