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Sourcepoint Expands European Presence with Acquisition of Sibbo's Consent Management Platform Business

Sourcepoint Expands European Presence with Acquisition of Sibbo's Consent Management Platform Business

technology 26 Apr 2024

Sourcepoint, the practical privacy software platform trusted by leading global brands, strengthens its European presence with the acquisition of Sibbo's consent management platform business. This strategic move bolsters Sourcepoint's coverage across the continent and augments its capabilities in Connected TV (CTV), offering comprehensive privacy solutions for publishers and advertisers.


1. Strategic Expansion Through Acquisition:
  - Sourcepoint expands its European operation by acquiring Sibbo's consent management platform business, marking a strategic move to enhance its market presence and capabilities.
   - The acquisition aligns with Sourcepoint's commitment to offering comprehensive privacy solutions and reinforces its position as a leader in the privacy software industry.

2. Enhancing CTV Capabilities:
   - The acquisition strengthens Sourcepoint's capabilities in CTV, leveraging Sibbo's expertise in the field accumulated over eight years.
   - Sourcepoint aims to provide the most complete CMP for CTV, catering to the evolving privacy needs of European audiences and ensuring compliance with regulations like Google's July deadline.

3. Advantages for Publishers and Advertisers:
   - Nial Ferguson, Managing Director, Europe, Sourcepoint, highlights the importance of certified CMPs for CTV publishers in monetizing European audiences amidst regulatory changes.
   - The collaboration with Sibbo enables Sourcepoint to offer tailored solutions to publishers, broadcasters, and advertisers, leveraging Sourcepoint's global reputation in privacy and Sibbo's local market expertise.

4. Milestone for Sibbo:
   - Agustín Perez, CEO of Sibbo, underscores the significance of the union with Sourcepoint, enabling Sibbo to enhance its privacy solutions offering for clients in Spain, Portugal, and Southern Europe.
   - The combination of Sourcepoint's global reputation and Sibbo's local market knowledge promises comprehensive and tailored solutions for clients in the region.


Sourcepoint's acquisition of Sibbo's consent management platform business signifies a strategic expansion in Europe and reinforces its commitment to providing comprehensive privacy solutions, particularly in the realm of CTV. By combining expertise and market knowledge, Sourcepoint aims to deliver tailored solutions to publishers, broadcasters, and advertisers, ensuring compliance and enhancing privacy protection for European audiences.

Acxiom and DeepIntent Partner to Revolutionize Healthcare Interest Marketing

Acxiom and DeepIntent Partner to Revolutionize Healthcare Interest Marketing

advertising 26 Apr 2024

Solution offers a 24-hour SLA and no onboarding fees 


Acxiom, the global leader in customer intelligence, joins forces with DeepIntent, the healthcare advertising platform, in a strategic integration aimed at transforming healthcare interest marketing. This collaboration unlocks seamless access to exclusive health interest audiences and advanced analytics, revolutionizing campaign precision and driving better health outcomes.


1. Seamless Data Integration:
   - Direct integration between Acxiom's comprehensive datasets and DeepIntent's Demand Side Platform (DSP) streamlines campaign precision and boosts engagement via DeepIntent's Audience Marketplace.
   - One-to-one matching ensures reduced discrepancies and maximizes audience quality across channels, enhancing campaign activation and effectiveness.

2. Sophisticated Planning and Execution:
   - DeepIntent's platform offers on-demand audience creation, optimization, and real-time campaign planning, maximizing audience quality before campaign deployment.
   - Instant access to Acxiom's custom health interest audience segments accelerates campaign execution, crucial in the fast-paced healthcare interest market.

3. Real-Time Optimization and Privacy:
   - Continuous campaign adjustments against DeepIntent Outcomes™ metrics ensure maximum ROI, efficiency, and effectiveness.
   - Prioritizing privacy and compliance, the integration offers a robust, cookieless advertising solution, ensuring broad reach while adhering to tightening regulations.

4. Extended Benefits to Consumers and Industry:
   - The integration drives health equity by effectively connecting with underserved populations, promoting better health outcomes across diverse communities.
   - Embracing an 'open architecture' approach, DeepIntent's partnership with Acxiom fosters innovation in ad tech, catering to dynamic healthcare marketing needs.

5. Industry Perspectives:
   - Sean Muzzy, CEO of KINESSO, highlights the integration's potential to positively impact patient health outcomes, emphasizing innovation and excellence.
   - Chris Paquette, CEO of DeepIntent, underscores the significance of partnerships and open architecture in addressing client needs and fostering innovation in healthcare advertising.
   - Martin Wexler, SVP of Channel Partnerships at Acxiom, expresses excitement about the partnership's ability to redefine healthcare interest marketing and amplify patient engagement and outcomes.


The partnership between Acxiom and DeepIntent marks a significant step forward in healthcare interest marketing, leveraging advanced data integration and analytics to drive precision and innovation. By prioritizing privacy, equity, and effectiveness, this collaboration aims to reshape the healthcare advertising landscape, delivering impactful solutions and better health outcomes for all.

Digital Video Ad Spend Surges: Social Video and CTV Lead Growth Trends

Digital Video Ad Spend Surges: Social Video and CTV Lead Growth Trends

marketing 26 Apr 2024

Digital Video Ad Revenue Projected to Reach $63B in 2024 


IAB's "2024 Digital Video Ad Spend & Strategy Report" unveils remarkable growth projections, indicating a surge in digital video advertising expenditure. With Social Video and Connected TV (CTV) leading the charge, the report provides insights into evolving ad spend trends and category-level projections for 2024.


1. Exponential Growth in Digital Video Ad Spend:
   - Total digital video advertising spend is forecasted to grow by 16% in 2024, significantly outpacing overall media growth by nearly 80%.
   - Digital video ad revenues are poised to reach $63 billion in 2024, highlighting the increasing significance of digital platforms in advertising budgets.

2. Shift from Linear TV to Digital Video:
   - Over the past four years, ad spend share has shifted significantly from linear TV to digital video, now constituting 52% of the total market share.
   - This transition underscores the growing importance of digital platforms in capturing audience attention and advertising dollars.

3. Key Growth Categories:
   - Social Video emerges as the strongest growth category, projected to achieve its second consecutive year of 20% year-over-year growth, reaching $23.4 billion in ad spend.
   - CTV experiences robust growth, exceeding $20 billion in 2023 and expected to grow by 12% to $22.7 billion in 2024, driven by reallocations from linear TV and other traditional media.

4. Category-Level Ad Spend Projections:
   - CPG and Retail sectors forecast double-digit ad spend growth, with CPG at 20% and Retail at 30%, fueled by CTV's scalability and direct consumer connections.
   - Other categories such as Auto, Financial, Restaurants, B-to-B, Travel, and Wellness also anticipate significant growth, leveraging digital video's expanding reach and engagement.

5. Insights and Challenges Ahead:
   - Chris Bruderle, VP of Industry Insights & Content Strategy at IAB, emphasizes the pivotal role of CTV and Social Video in delivering both scale and performance outcomes for advertisers.
   - David Cohen, CEO of IAB, highlights the competition to deliver the best viewing experience and innovative advertising options in a crowded landscape, ultimately benefiting consumers and the industry.


The "2024 Digital Video Ad Spend & Strategy Report" offers a comprehensive overview of the rapid growth and evolving landscape of digital video advertising. As Social Video and CTV drive double-digit expansion, advertisers must navigate competition to deliver superior viewing experiences and innovative ad solutions, fostering growth and innovation in the industry.

Nielsen's 2024 Annual Marketing Report Unveils Global Marketers' Strategies for ROI Enhancement

Nielsen's 2024 Annual Marketing Report Unveils Global Marketers' Strategies for ROI Enhancement

analytics 26 Apr 2024

The sixth Annual Marketing Report explores how global marketers are allocating budgets and measuring success all with an eye on proving and improving ROI 


Nielsen, a leading authority in audience measurement and analytics, unveils its latest Annual Marketing Report, showcasing the priorities and strategies of global marketers in enhancing ROI for 2024 and beyond. The report highlights the importance of cross-media strategies and integrated measurement approaches to unlock revenue opportunities in today's dynamic marketing landscape.


1. Marketers' Spending Optimism:
   - Despite challenges such as inflation and supply chain uncertainties, 72% of global marketers anticipate larger ad budgets in 2024, reflecting increased spending optimism compared to previous years.

2. Balancing Brand Building and Performance Marketing:
  - While long-term ROI and full-funnel ROI remain top KPIs, there's a notable shift towards performance marketing, with 70% of respondents prioritizing it over brand building initiatives.
   - The report warns against neglecting brand-building efforts, which could potentially limit long-term ROI and lead to brand decay.

3. Digital Dominance in Media Allocations:
   - Digital media allocations are on the rise, with global marketers planning to allocate over 63% of their media spending to digital channels.
  - Social media, search, online video, and digital display witness significant increases in spending, reflecting the evolving media landscape.

4. Measurement Challenges and Opportunities:
   - While 84% of marketers express confidence in their ROI measurement capabilities, only 38% evaluate holistic ROI by integrating traditional and digital marketing metrics.
   - Nielsen emphasizes the importance of integrated measurement efforts across media channels to accurately assess brand and performance metrics in both short and long terms.

5. Insights from Nielsen Executives:
   - Tina Wilson, EVP and Group GM of Analytics Portfolio Companies at Nielsen, underscores the need for integrated measurement to maximize returns across diverse marketing channels and objectives.

Nielsen's 2024 Annual Marketing Report sheds light on global marketers' strategies and challenges in enhancing ROI. By emphasizing the importance of cross-media strategies and integrated measurement approaches, the report provides valuable insights for navigating the evolving marketing landscape and maximizing returns on marketing investments.

Ricoh Unveils Sustainability Services Dashboard: Transforming Emissions Management for Digital Services

Ricoh Unveils Sustainability Services Dashboard: Transforming Emissions Management for Digital Services

technology 26 Apr 2024

Powered by Watershed, Ricoh will empower companies to measure, report, and reduce their Scope 3 carbon emissions 


Ricoh USA, Inc. introduces a pioneering Sustainability Services Dashboard, revolutionizing emissions management for Ricoh Digital Services. This innovative platform enables customers to measure, report, and take action on emissions data, reinforcing Ricoh's commitment to environmental sustainability and digital transformation.


1. Addressing Scope 3 Emissions:
   - The Sustainability Services Dashboard targets Scope 3 emissions, which often constitute over 80% of total carbon contributions for many companies.
   - By focusing on indirect supplier emissions, Ricoh aims to assist corporations in achieving climate goals and regulatory compliance.

2. Partnership with Watershed:
   - Leveraging Watershed's granular emissions measurement, the dashboard provides comprehensive insights into carbon emissions across all scopes.
   - Customers gain access to a detailed Scope 3 emissions footprint, facilitating informed decision-making and emission reduction strategies.

3. Key Features and Benefits:
   - Regulatory Compliance: Enables compliance with global regulatory requirements such as the Corporate Sustainability Reporting Initiative (CSRI) by facilitating public, credible reporting on Scope 3 emissions.
   - Actionable Recommendations: Generates tailored recommendations for suppliers based on sustainability team input, fostering impactful reductions throughout the supply chain.
   - Data Visualization and Reporting: Intuitive dashboards and customizable reporting tools facilitate progress tracking, achievement communication, and stakeholder engagement.

4. Recognition and Commitment to Sustainability:
   - Ricoh's longstanding commitment to environmental sustainability is evident through accolades such as inclusion in the Dow Jones Sustainability World Index (DJSI World Index) and a Gold rating from EcoVadis for ten consecutive years.
  - Recent recognition includes being named a 2024 ENERGY STAR® Partner of the Year for Sustained Excellence by the U.S. Environmental Protection Agency (EPA).


Ricoh's Sustainability Services Dashboard represents a significant milestone in emissions management for digital services. By providing customers with the tools to measure, report, and act upon emissions data, Ricoh continues to lead the way in advancing corporate sustainability goals and fostering a greener future.

Diddo Secures $2.8M Seed Funding to Revolutionize TV Commerce with Streamable Shopping

Diddo Secures $2.8M Seed Funding to Revolutionize TV Commerce with Streamable Shopping

advertising 26 Apr 2024

Diddo raises $2.8M financing round, led by Link Ventures, to bring shoppable TV to all screens. Their easy-to-integrate API finally fulfills the promise of interactive ads; financing will accelerate platform development and expand staff to address massive market opportunity. 


Diddo, a visionary in TV commerce, announces a significant milestone with the successful closure of a $2.8M seed funding round led by Link Ventures. This funding marks a pivotal moment for Diddo as it propels forward in its mission to redefine the future of commerce through seamless integration with streaming platforms.


1. Vision for Tomorrow's Malls:
   - Rishi Nair, CEO of Diddo, envisions a future where malls evolve into dynamic hubs of commerce enabled by cutting-edge technology.
   - Diddo's innovative API leverages computer vision to empower consumers to shop directly from video content on streaming platforms.

2. Revolutionizing Viewing Experience:
   - Diddo's groundbreaking technology transforms the viewing experience by seamlessly integrating shopping opportunities within TV shows and episodes.
   - Users can effortlessly explore and purchase products featured in their favorite shows without leaving the streaming platform.

3. Key Features:
   - Streamlined Shopping Experience: Users can browse and shop products directly from the episode or frame they're watching.
   - Personalized Selections: Filter products by favorite characters and compare prices across various options.
   - Seamless Transaction Process: Purchase products natively or add them to cart without interrupting the viewing experience.

4. Endorsement and Validation:
   - Lisa Dolan, Managing Director at Link Ventures, praises Diddo's innovative solution as the "Holy Grail of TV commerce," offering viewers a native shopping experience.
   - Diddo's technology bridges the gap between content creators and audiences, enhancing engagement and connectivity.

5. Experienced Leadership Team:
   - Founded by Rishi Nair, Pamela Chen, and Ryan Sullivan, Diddo boasts a seasoned team with successful track records in computer vision, ecommerce, and enterprise APIs.
   - Rob Sussman, former founder of Sundance Channel and Epix (now MGM+), joins as COO to drive scalable growth and expansion.


With substantial seed funding and a visionary leadership team, Diddo is poised to revolutionize TV commerce. By seamlessly integrating shopping opportunities into streaming content, Diddo is reshaping the future of retail, empowering viewers to engage with their favorite shows in innovative ways.

Mindmatrix Introduces Revolutionary Account Mapping Feature for Enhanced ABM Strategies

Mindmatrix Introduces Revolutionary Account Mapping Feature for Enhanced ABM Strategies

marketing 26 Apr 2024

With Mindmatrix's ABM feature, corporate vendors gain deep insights into their account ecosystem, enabling them to identify and leverage multi-contact opportunities within target accounts for personalized marketing and sales strategies. 


Mindmatrix, a leading PRM and Partner Marketing Solutions provider, unveils a groundbreaking Account Mapping feature within its Bridge Partner Marketing Software. This innovation revolutionizes traditional sales strategies by prioritizing comprehensive account-based marketing (ABM) and sales approaches over individual contacts.


1. Shift to Account-Based Marketing (ABM):
   - Mindmatrix's Account Mapping feature shifts the focus from individual contacts to holistic account-based marketing and sales strategies.
   - Enables corporate vendors to gain deep insights into their account ecosystem, facilitating targeted engagements.

2. Precision Targeting with ABM:
   - Bridge Partner Marketing's ABM component allows users to identify and target key accounts based on specific criteria such as company size, industry, and revenue.
   - Facilitates the development of personalized marketing and sales strategies tailored to each target account's unique challenges.

3. CEO Insight:
   - Harbinder Khera, CEO of Mindmatrix, emphasizes the significance of targeting entire accounts for successful sales.
   - Highlights the challenge of understanding complex account landscapes and how the Account-Based Mapping feature addresses this issue.

4. Key Highlights of Account-Based Mapping:
   - Comprehensive Account Insights: Provides visibility into account distribution across partner networks, aiding informed sales decisions.
   - Multi-Dimensional Overlap Analysis: Identifies overlapping accounts among partners, offering insights into shared opportunities and collaboration areas.
   - Enhanced Partner Collaboration: Facilitates collaborative selling efforts and alignment across partner networks for maximizing sales opportunities.
   - Targeted Sales Strategies: Enables personalized sales strategies based on account-specific insights, enhancing engagement and deal closures.


Mindmatrix's Account Mapping feature within Bridge Partner Marketing Software empowers businesses to elevate their ABM strategies. By offering comprehensive insights and enabling targeted sales approaches, businesses can strengthen relationships with key accounts, foster partner collaboration, and accelerate deal closures in the dynamic market landscape.

Genesis Digital Appoints Darren Hakeman as CEO: Pioneering Growth in the Creator Economy

Genesis Digital Appoints Darren Hakeman as CEO: Pioneering Growth in the Creator Economy

technology 26 Apr 2024

Proven SaaS Executive to Lead Next Phase of Growth for Provider of Tools for the Creator Economy 


Genesis Digital, a prominent SaaS provider catering to the creator economy, has named Darren Hakeman as its Chief Executive Officer (CEO) effective April 2, 2024. Hakeman's appointment signifies a strategic move to propel the company into its next phase of growth and innovation.


1. Leadership Transition: Darren Hakeman assumes the role of CEO, succeeding Sarah Jenkins, one of the company's founders, who continues her involvement on the Board of Managers.
   - Hakeman's tenure as President since March 2022 positions him strategically for this leadership transition.


2. Professional Background: Hakeman brings a wealth of experience from his previous roles, notably at 8x8, Inc., where he played a pivotal role in transforming the company's offerings and scaling its Annual Recurring Revenue (ARR).
   - Led Strategy and Corporate Development, driving significant growth and acquisitions.
   - Held executive-level positions at Lockheed Martin and Savi Technology, showcasing a diverse skill set.


3. Strategic Vision: With over 25,000 customers and a robust product-led-growth (PLG) model, Genesis Digital is poised for expansion under Hakeman's leadership.
   - Focus on tapping into the burgeoning creator economy, estimated at $250 billion.
   - Commitment to delivering user-friendly solutions for digital content creators to monetize their expertise.


4. Acknowledgment and Gratitude: Vik Verma, Executive Chairman, acknowledges Sarah Jenkins for her visionary leadership and ongoing support.
   - Highlights the company's progress in building an executive team and fostering a culture of accountability.


Darren Hakeman's appointment as CEO marks a strategic milestone for Genesis Digital, positioning the company for accelerated growth and innovation in the dynamic landscape of the creator economy. With a focus on delivering comprehensive solutions and leveraging a robust PLG model, Genesis Digital is set to empower digital content creators worldwide to thrive in the online marketplace.

   

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