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IAB Europe Report: Attitudes to Programmatic Advertising 2017Romain Fonnier
The third annual IAB Europe Attitudes to Programmatic report highlights four key findings:
Quality of advertising and transparency of fees are bottlenecks to investment
The business impacts of programmatic advertising beyond efficiencies are being realised
In-house strategies are becoming more prevalent
Investments in programmatic are set to continue to increase
Better campaign reporting and control on the buy-side and improved inventory control on the sell-side are now cited more frequently as business impacts than lower media costs and trading efficiencies.
It is also worth noting that whilst programmatic is most likely to be used for display and mobile campaigns, video is not far behind in terms of adoption. Indeed, programmatic video revenues increased by 155% in 2016 emphasising it as a key growth area.
In 2017 brand safety and fraud increased as barriers to investment for all stakeholder groups whilst viewability decreased as a barrier. Transparency of fees in the delivery chain is also a concern for advertisers and in response to IAB Europe formed its Transparency Working Group. The Working Group published a Transparency Guide with questions for stakeholders to ask of their supply chain partners in relation to fees. The guide also covers data and inventory source to address all key elements of programmatic trading.
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Looking forward to 2018, the majority of respondents state that they plan to further increase their programmatic trading activity.
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IAB Europe Attitudes-to-programmatic-advertising-report Sept-2019Romain Fonnier
IAB Europe Attitudes-to-programmatic-advertising-report-2019 sept-2019
Attitudes to Programmatic Advertising Report 2019
IAB Europe’s annual Attitudes to Programmatic Advertising Report is a comprehensive analysis of the European programmatic landscape, covering strategies and adoption trends, drivers of and barriers to growth, and forecasts for the future for 31 markets. The study, now in its fifth year, was developed by the IAB Europe Programmatic Trading Committee. The key findings of the 2019 study include:
There is a continued push for a quality and safe advertising environment
Ads.txt is well established amongst publishers but awareness and adoption on the buy-side is low
Talent and skills remain a barrier to investment
Supply chain transparency is still an issue
The number of advertisers with in-house operations for programmatic is now higher than the number that outsource to an agency
Programmatic continues to be a catalyst for delivering brand campaigns at scale
In light of GDPR, stakeholders are looking to use more first party data, private marketplaces and contextual targeting
Iab europe attitudes towards programmatic advertising report june 2016IAB Europe
Attitudes towards Programmatic Advertising:
Nearly all stakeholders including strategists, planners, buyers and operational teams across the digital ecosystem are embracing programmatic advertising and building on its potential for value creation. With only 13% of advertisers, 8% of publishers and 7% of media agencies claiming that they are not using programmatic technology, the study shows that almost everybody in the industry is now deploying some form of programmatic advertising.
Respondents named a reduction of media wastage and greater cost and trading efficiencies as the most important impacts of programmatic. The research also highlights growing recognition among the industry that as programmatic matures, it contributes to key advertising objectives such as scaling mobile campaigns and reaching consumers more effectively with branding messages.
Greater integration with wider ad measurement models and increasing sophistication beyond the click are other two other key factors driving programmatic adoption.
With benefits clearly recognised and cited in the research, and emergence of proven models, programmatic adoption is likely to continue to grow. Indeed, all stakeholders remain optimistic about the outlook of programmatic with over 90% of them citing an increase in investment over the next 12 months.
But the benefits are accompanied by challenges, and significant barriers to adoption remain. The biggest bottleneck is finding the people with the right skills and experience to navigate this brave new world successfully.
For the first time the research looked at the operational models used to execute programmatic and there is a clear evolution of programmatic strategy across markets. Advertisers start out on their programmatic journey with an independent specialist, then move to an agency or DSP and then in mature markets adopt an agency or hybrid model, i.e. a combination of more than one strategy. Similarly, publisher strategies are evolving; they start out with a hybrid model, then lean more heavily on their SSP and finally bring the expertise in-house. For agencies, the in-house agency trading desk remains dominant.
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Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
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Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
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2. Who’s this?
The ‘new girl’ from Hungary
Digital marketer & influencer
since 2005
Climbed the ladder from ad ops
manager to head of many
divisions
CEO @ HOPPex (since September 2019)
Head of Digital Future @ GroupM
Head of Digital @ MEC/Wavemaker
Head of Sales Support @ Indamedia Sales
2
Photo:AndrasSchram
Ingrid Ihász
4. Let’s go back to the serious stuff
4Source: IAB Hungary Adex 2018
Display:
122.6 million EUR
Digital ad spend:
283.1 million EUR
43.3%
5. Automated display is almost half of the
display market
5Source: IAB Hungary Adex 2018
Automated display:
53.2 million EUR
Display:
122.6 million EUR
43.4%
6. The share of programmatic is still under 20%
within automated display
6Source: IAB Hungary Adex 2018
Programmatic:
8.5 million EUR
Automated display:
53.2 million EUR
15.9%
+48.2%
7. Growth is driven by PMP
7Source: HOPPex data, Jan-Oct 2018 vs. Jan-Oct 2019
35.7% 44.2%
PMP
2018 2019
+49%
+4%
8. Behind the scenes
6.3 million internet users (niche market)
Turbulent times on the media market (KESMA)
A local ad server has the largest market share (Adverticum)
8
9. Behind the scenes
Evolving 1st party data usage on the publisher side
Slow CMP implementation
Only a handful of professionals
9
10. HOPPex: the one & only publisher alliance
Founded in 2015
12 publishers/sales houses
120 sites
8 billion ad requests / month
Same terms & exclusivity
10Source: HOPPex data, Oct 2019
11. HOPPex: the one & only publisher alliance
Premium inventory
2-level setup: HOPPex and publisher level (transparency, 1st party data)
Rubicon Project as the main tech partner (xAPI)
11
13. 95% of the Hungarian users can be reached
through HOPPex
13
Source: dkt.hu, Oct 2019
14. There’s a rough road ahead
Renewal of processes and operation, new hire(s)
Developing ‘proper’ header bidding
Implementation of a CMP ASAP
Signing contracts with new vendors
14
15. There’s a rough road ahead
Unified pricing strategy, extension of HOPPex level PMP activities
Fight against cookiecalypse and developing a common data strategy
Maintaining a strategic advisory role
15