advertising marketing
Business Wire
Published on : Feb 8, 2024
OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, today announced the launch of Impact PMPs, turnkey deals that integrate donations to nonprofits at no additional cost to the brand. Powered by Givsly, the leading purpose-driven marketing solution, OpenX’s Impact PMPs allow advertisers to easily activate deals while supporting charitable causes of their choice.
As the importance of social responsibility for brands continues to rise, 90 percent of consumers report that values are important when choosing a brand, and 81 percent of millennials expect companies they purchase from to make charitable contributions.
Through OpenX’s partnership with Givsly, deals activated through an Impact PMP will automatically include a five-percent donation of gross media spend to associated nonprofits of the buyer’s choice. Buyers can select pre-built deals timed to moments such as Black History Month or traditional advertising events that are less commonly associated with charitable causes, such as Sunday’s big game.
How it works:
"We have partnered with Givsly on several of their Responsible Media solutions and have seen promising signs that these solutions increase campaign performance without disrupting our current way of doing business,” said Ed McElvain, EVP, P3 at Mediahub. “This latest announcement of the Impact PMPs with OpenX only amplifies our ability to make sure we are positively impacting our media buying while also reinforcing values that are important to our clients."
In addition to the Impact PMPs, Givsly offers creative formats that incorporate a donation when people take certain actions to engage with advertising. Creative adjustments can be made to the Impact PMPs to drive higher performance in campaigns, with such creative achieving double the click-through rate, an 18 percent higher video completion rate, and a nine percent increase in CTV engagement.
“Across the business, OpenX is invested in delivering outcome-based solutions. When it comes to media responsibility, too much of what we see in tech and media is virtue signaling, and provides little monetary support to important issues,” said Amanda Forrester, VP, Marketing at OpenX. “Programs like OpenX’s Impact PMPs will allow advertisers to direct funds toward organizations that support minority publishers, women, LGBTQ communities, and underrepresented communities — in an effort to make a real change.”