Press Release: VideoAmp Launches “Campaign Optimizer”
VideoAmp Integrates Conversion Logic Capabilities to Launch Cross-Channel Attribution Measurement, Planning and Audience Activation Software Solution, Campaign Optimizer
VideoAmp acquired Conversion Logic in March of 2020 and has integrated the company’s software, machine-learning attribution models, simulation and optimization engine into its platform and newly launched self-service software solution, Campaign Optimizer
Campaign Optimizer goes beyond traditional multi-touch attribution, providing clients with tools to measure performance across linear TV, OTT and digital channels, identify converting audiences and plan against available inventory to buy more of what’s working
The holistic solution enables in-flight optimization of media investments against any audience for optimal cross-channel reach and frequency, as well as full-funnel attribution
November 18, 2020, Los Angeles, CA — Software and data platform, VideoAmp, Inc., has launched Campaign Optimizer, a cross-channel campaign optimization solution for advertisers and agencies. Following the acquisition in March of 2020, Conversion Logic’s attribution technology has been fully integrated within the VideoAmp Platform, creating a software solution that bundles advanced audience creation, reach and frequency optimization, competitive insights, planning, activation, measurement and attribution. Campaign Optimizer is powered by VideoAmp’s commingled TV viewership data, which boasts 28 million households and 40 million devices, providing a best-in market, full-funnel view of the consumer journey across TV, OTT and digital campaigns.
Kelly Metz, VP of Product Marketing at VideoAmp, explains, “Our goal is to make our clients’ lives easier. We often hear feedback and frustration about working across multiple DSPs, linear planning tools and walled gardens like Hulu, Google, Facebook, Disney, ViacomCBS, etc. The Campaign Optimizer solution was purpose-built to solve cross-channel campaign reach and frequency management and attribution. It equips our clients with the necessary tools to optimize their investments between linear television, programmatic platforms, digital publishers and walled gardens, eliminating waste and egregious over-frequency and increasing the conversions they care about most.”
The integration of Conversion Logic’s software and machine-learning attribution models provide a superior view of an advertiser’s impact on business outcomes such as sales, in-store visits and subscriptions. The most notable features in Campaign Optimizer begin with attribution reporting, which is used to derive planning insights. The software solution generates reports encompassing both linear and digital investments, allowing for a comprehensive breakdown of audiences and conversion. Audience breakdown goes beyond age and gender to include ethnicity, education, household income and presence of children across both TV and digital. This level of audience discovery is meant to inform strategy for in-flight or post-flight campaigns to increase market share and eliminate wasteful investments for clients.
“At Mars Petcare, our ambition to increase media efficiencies by deploying people-based frequency management seemed lofty until we learned about VideoAmp’s Campaign Optimizer solution. Making sure we’re able to reach our audiences in the best, most efficient ways is critical. Campaign Optimizer gives our team the tools we need to achieve that goal,” Alia Mohamed, Senior Manager of Marketing Data and Technology, Mars Petcare US.
With the launch of Campaign Optimizer, VideoAmp establishes a first-to-market position in making audience-driven linear buying a reality with the addition of inventory-aware planning and buying capabilities. These improvements on historical planning allow clients to plan against available linear and OTT inventory, sourced directly from publishers within the platform. Moving beyond traditional multi-touch attribution, clients are able to create advanced audiences that are used to measure and identify conversions across all channels. The self-service model is a major focus for VideoAmp as they look to empower clients and provide autonomy. Pricing is customized based on client needs.
“With Campaign Optimizer we are connecting linear TV, streaming OTT platforms, walled gardens and digital publishers. We then allow clients to integrate multi-touch attribution with planning and audience optimization tools. This dramatically improves their media effectiveness and efficiency. VideoAmp is the cross-channel currency that allows advertisers to identify and buy more of their high converting audiences at the most optimal frequency, delivering the best results possible.” said Michael Parkes, VideoAmp’s Chief Revenue Officer.
Advertisers, agencies and media owners leverage VideoAmp’s privacy-first suite of data and software solutions to gain a true deduplicated read of performance across linear TV, OTT, digital and walled garden media by connecting the dots between ad exposures, audiences and outcomes.
VideoAmp is an interoperable measurement and optimization platform that transforms wasteful mass marketing initiatives into smarter, data-driven strategies. Advertisers, agencies and media owners leverage VideoAmp’s privacy-first suite of data and software solutions to gain a true deduplicated read of performance across linear TV, OTT, digital and walled garden media by connecting the dots between ad exposures, audiences and outcomes.
VideoAmp measures and optimizes billions in advertising spend each year and is backed by The Raine Group, Ankona Capital, Mediaocean, RTL Group and six other leading venture capital groups. For more information, visit videoamp.com or follow us on Twitter, Facebook and LinkedIn.
Source: Business Wire