analytics
GlobeNewswire
Published on : Jun 30, 2023
Upwave, the leading analytics platform for brand advertising, today announced the launch of its new Persuadability ScoresTM – making it possible for the first time ever to auto-optimize live campaigns based on brand signals. Persuadability ScoresTM enable brand advertisers to make granular campaign optimizations based upon actual brand objectives rather than proxy metrics–helping achieve higher brand outcomes.
Until now, only performance campaigns had real-time signals, e.g., clicks, conversions, etc., to feed into bidders, and brand campaigns often relied on mid and post-campaign PowerPoint reports read by researchers to plan the next campaign. Additionally, it hadn’t been possible to auto-optimize live brand campaigns on the open web based on their goals of lifting specific attitudinal metrics because brand campaign measurement did not provide an ongoing, in-flight signal of brand performance. ™
Upwave’s Persuadability ScoresTM revolutionizes the industry by providing this real-time, brand outcome-based optimization signal, developed to be easily fed to algorithmic bidders. In addition, its machine-friendly design reduces adoption friction by integrating seamlessly with the existing programmatic performance advertising stack. As a result, this new metric enables integrated demand-side platforms (DSPs) and media platforms to add as much value to brand campaigns as they have for years to performance campaigns.
Here’s how Persuadability ScoresTM work:
“Historically, brand lift only provided advertising decision-makers with proxies to optimize a live campaign to meet brand objectives. Click-through rates are a poor proxy, and down-funnel conversions aren’t relevant in predicting the likelihood of people becoming more aware of brands. This is inadequate in an era where a brand is held to performance standards,” said Chris Kelly, CEO of Upwave. “Now, with our industry-first Persuadability Scores, brand advertisers have access to real-time brand signal. As a result, they can now optimize brand campaigns to directly impact the end brand outcome.”