Amobee Announces Partnership with Place Exchange to Activate Programmatic Buying for Out-of-Home Media
REDWOOD CITY, Calif. & SINGAPORE--(BUSINESS WIRE)--Dec 17, 2018--Amobee, a global digital marketing technology company serving brands and agencies, today announced it has partnered with Place Exchange to launch one of the first truly programmatic marketplaces for out-of-home media, allowing marketers real-time bidding capabilities as well as seamless planning, execution, and attribution alongside other digital channels on a single platform.
The collaboration allows Amobee clients to converge out-of-home media with other digital channels through Amobee’s demand-side platform, delivering true real-time bidding, seamless workflow integration, and digital attribution. Once an ad has played in physical space, Amobee’s platform generates deep audience insights about the audiences exposed to out-of-home ads. By combining this data with foot traffic conversion and other signals, marketers can better understand how audiences are interacting with the out-of-home ads, optimize out-of-home campaigns while in flight, and extend reach across other media channels, devices, and segments.
“It’s been proven that out-of-home media drives consumer action and we’re proud to partner with Place Exchange to deliver on the promise of a programmatic digital out-of-home offering for brands and agencies within a single platform,” says Katie Ford, Amobee Chief Client Officer. “Amobee is bridging the digital and physical worlds by giving advertisers frictionless integration of omnichannel marketing campaigns, allowing them to programmatically control their cross-channel audience strategy.”
“Working with a forward-thinking company like Amobee means we’re able to implement new and different ways to help marketers reach desired audiences,” said Dave Etherington, Chief Commercial Officer at Place Exchange. “Our partnership with Amobee allows for scalable activation of out-of-home that dovetails with broader marketing activities so brands can more effectively engage consumers throughout their daily journeys, regardless of screen or device. That includes being able to leverage familiar online and mobile capabilities such as hyperlocal targeting, real-time data triggers, dynamic creative execution, and video advertising, all delivered on a massive, real-world stage that is viewable, fraud-free, and brand-safe. We are incredibly excited about the potential to transform this medium and the broader advertising landscape.”
Integrating with Place Exchange allows Amobee clients to harness the power of out-of-home advertising as never before—massive reach, high-impact creative, proximity to retail, and more—all using the same workflows and measurement as for other programmatic channels.
“Leveraging fast-growing emerging media like digital out-of-home allows brands to bridge the gap between the physical and digital world,” says Ryan Laul, President, Outdoor Media Group at Omnicom Media Group. “The solution Amobee and Place Exchange are offering aims to integrate DOOH into an omnichannel programmatic marketplace, utilizing meaningful data across all media while implementing targeting that considers location which is intrinsic to the value of out-of-home at large.”
“The incredible growth of digital out-of-home as a medium speaks to how well it engages audiences and why it’s an important element of any successful omnichannel advertising campaign,” says Ian Dallimore, Director of Digital Innovation + Sales Strategy at Lamar Advertising Company. “By combining out-of-home with other digital media channels in the programmatic landscape, marketers are able to better understand audiences and apply learnings across their entire, integrated campaign for maximum results.”
The world’s leading independent advertising platform, Amobee provides brands, agencies and broadcasters with advertising solutions for the converging world. From up-fronts to auctions, Amobee’s SaaS platform provides end-to-end campaign planning, management and optimization across TV, digital and social media. For the first time prescriptive AI, proprietary data and advanced analytics enable marketers to seamlessly orchestrate the consumer journey across converged media and all devices, eliminating the media overlap and waste, which come from traditional silos. Amobee is a wholly owned subsidiary of Singtel, one of the largest communications technology companies in the world, which reaches over 700 million mobile subscribers. The company operates across North America, Europe, Middle East, Asia and Australia. For more information, visit amobee.com or follow @amobee.
About Place Exchange
Place Exchange provides patent-pending technology that delivers true real-time bidding, fully unified workflows with other media, support for standard online and mobile IAB creatives, and granular device-level attribution. Programmatic buyers can now buy and measure OOH media in the same way as they do web, mobile, and other digital media, and enjoy the benefits of massive reach, high-impact, always-viewable messaging that reaches consumers in the physical world. All with no bots, no ad blockers, and no unsafe content, and all delivered as a supply-side solution seamlessly integrated with the leading DSPs. For more information: www.placeexchange.com.
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PUB: 12/17/2018 09:00 AM/DISC: 12/17/2018 09:01 AM