Equativ and Greenbids Partner to Power Sustainable Programmatic Operations
Equativ, the world’s top independent ad network, has announced a ground-breaking new partnership with Greenbids, an advanced optimization engine that uses artificial intelligence (AI) to power sustainable ad operations.
Partnership for sustainable programmatic operations
The collaboration is a significant step toward Equativ’s double goals of increasing media efficacy and assisting in the decarbonization of programmatic advertising. In a revolutionary move, Equativ has made it possible for Greenbids to develop smart bidding models that support efficient and sustainable media buying by giving them access to detailed data from its supply-side platform (SSP). Positive results from early trials include a 40% decrease in gCO2PM (grams of CO2 equivalent per thousand impressions).
Environmentally-focused advertising
The union is a reflection of the increased emphasis on ecologically responsible measures to lower the carbon footprint of digital advertising, which contributes more than 3.5% of greenhouse gas emissions worldwide. Players in the ecosystem are realizing the need for positive change and adjusting campaign planning, production, and execution to reduce the number of resources they use, spurred on by industry initiatives like Ad Net Zero.
Equativ-Greenbids sustainable operations plans
By giving priority to the most efficient routes, Greenbids’ solution will increase mutual deal value by building on Equativ’s extensive supply path optimization (SPO) capabilities. Media buyers can minimize energy consumption by reducing the number of hops and wastage by ensuring that spending is allocated to relevant inventory that matches specific country, device, and audience parameters. In addition to reducing carbon emissions, direct access to high-value demand will increase publishers’ overall yield; trials have shown an 83% increase in supply-side platform (SSP) revenue.
Read More: Equativ Incorporates NinaData for Enhanced Contextual Targeting
Here’s what they said
Antoine Verselder, product marketing manager at Equativ said,
Sustainability isn’t a fleeting trend; it’s becoming an increasingly integral consideration for consumers and businesses. Until now, many companies in the advertising space have struggled to move with this evolution and maintain their bottom line — our partnership marks a pivotal shift on multiple levels. For Equativ’s clients, it provides the opportunity to gain a distinctive competitive edge and fuel greater revenue by layering sustainable practices into their ad operations. In wider terms, it also illustrates that environmental and profitability goals don’t have to be in conflict — they can be seamlessly combined and achieved. As well as underscoring our ongoing commitment to ethical progress, we believe this collaboration has vast potential to transform the industry at large.
Guillaume Grimbert, CEO of Greenbids, added,
In an era where sustainability and innovation intersect, our partnership with Equativ signifies much more than just a huge technical leap forward. Together, we’re shaping the future and creating a new paradigm for programmatic trading that’s efficient and ethical at the same time. Blending Equativ’s in-depth data with our sophisticated algorithms, we’re making it simple to automatically optimise bidding activity for profitability and purpose – and setting an example other pioneers can follow.
Read More: Equativ Partners with IRIS.TV for Enhanced Contextual Ad Targeting
The Role of AI in Personalized Advertising
Photo by Mohamed Nohassi on Unsplash
Brands utilize customer data to target behavior, interests, and more to strategize their advertising efforts effectively. Creativity and customizing advertising efforts to cater to your audience is a tried-and-true method to attract prospects, and personalization helps foster the connections to convert them into loyal customers.
One of the biggest challenges businesses face is combining the creativity and analysis of data to work together. But further advances in digital security are putting a stop to behavioral targeting. Artificial intelligence is making great strides in scaling both strategy and creativity to help expand businesses to reach wider audiences.
Narrowing down on your target customer as much as possible is the best way to predict habits and cater more personally toward them with your advertising. Here’s a look into the role of AI when it comes to personalized advertising.
Why Utilize Artificial Intelligence in Your Business?
There are advantages for your business to begin using AI in marketing. One of AI’s most significant and helpful jobs is processing and analyzing large and complex amounts of data quickly.
Customer Analysis
With data analysis, algorithms can make predictions by identifying customer interests, needs, and behavior patterns. Your advertising can develop a more personalized experience for each client with this information. With personalized messaging and targeted campaigns, social media platforms can display exceptional product recommendations.
Optimization
AI also helps optimize your advertising in real time; the analysis of data allows your marketing teams to make adjustments more immediately, improving their impact. If you can see that the campaign or advertising efforts aren’t working well, your business will see this with AI and be able to fix it quickly.
Automation
Another excellent benefit that AI brings to your marketing is automation. Tools and resources with technological advances provide marketing teams the power to create personalized experiences for their customers, individually and simultaneously. The best part is your teams don’t have to do anything; just set the parameters, and AI can take over, even in areas like push notifications where timely and relevant communication can be automated to enhance customer engagement and retention.
Customer Loyalty
One of the other essential aspects of your business is to establish trust for customers to return and increase retention. With AI, the possibilities are endless to improve efficiency and increase buyer satisfaction, which nurtures that connection and ensures a return. AI continuously improves, ensuring you’ll have even more ways to create individual relationships.
How Artificial Intelligence Works
One of the primary functions that AI can do is its analysis of customer behavior and collecting this information to implement a more personalized experience. AI looks at multiple aspects of the customer experience, including the following:
- Purchase history
- Demographics
- Websites visited
- Search behavior
- Social media activity
AI works to identify patterns and trends in customer activity. It can pull data from various sources, including Google Ads Data Manager, to create a detailed profile of prospective buyers. The demographic information allows your business to pinpoint the desired gender, age, location, and interests to give your business a more targeted experience for those customers.
The predictive ability of AI is also quite remarkable. It looks at prior activity and information to make accurate predictions about what products or services peak interest and if a customer is more likely to buy. It also provides forecasts on the social media channels that are more likely to be utilized.
Your advertising efforts can be more customized to fit your client’s needs based on the patterns and behavior that AI shows. It can help to utilize some outside media services or expert marketing agencies who know the ins and outs of AI for your business. Tailoring your promotions and campaigns to suit customer preferences with convenient tools, including cookieless advertising, can drive sales and profitability in record time.
Examples of Artificial Intelligence in Advertising
Numerous examples of businesses that use AI for more personalized advertising are visible today. Some successful marketing campaigns have proven to improve customer experiences and increase engagement.
Product recommendations on Amazon is an AI algorithm that looks at customer behavior, product search, and purchase history to recommend products more relevant to a customer’s interests effectively and wants. It has resulted in a significant boost in sales to catapult the company as one of the largest e-commerce platforms in the world.
Sephora
Sephora has incorporated AI technology in the form of a “virtual try-on,” where customers can find a more tailored product in makeup products. Based on factors like skin tone, skin problems, or particular types have allowed clients to find a more satisfactory product and have improved the reputation of Sephora as a leading beauty retailer.
Netflix
Even the streaming video and TV show memberships we own implement AI to help you decide on the ever-looming question of “What to watch?” AI algorithms work to analyze viewing habits and make recommendations for what interests its watchers. It has helped to increase engagement and solidified Netflix’s stance as one of the most popular streaming platforms.
The Future of AI in Personalized Advertising
One of the biggest concerns with using AI for your business stems from privacy since it needs massive customer data to function. Prospective clients may be uncomfortable with providing more personal information.
However, the use of AI in marketing continues to grow and advance, so it’s necessary for your business to ensure that you use it responsibly. Be transparent to your customers and provide options for customers to opt out if necessary. Educating them about how you use your AI responsibly and ethically can also be beneficial.
As AI continues to evolve and grow, you can clearly expect to see more sophisticated and tailored advertising campaigns and new integrations that are effective at ad targeting and drawing in an audience. AI can be integrated into other technologies to create a more engaging experience. At the same time, your business can better understand its ideal customer and improve upon advertising and marketing efforts.
Data and creativity can be combined, creating a balance for businesses to identify and assist individual needs while collecting and securing customer data. These connections through a more personalized advertising experience work across an array of industries and can allow your business to develop and implement more effective advertising campaigns that generate a solid impact while building customer loyalty.
Ron Clark
Marketing | Digital | AI | Social Media | PR | Creative Writer
Ron Clark is an MBA graduate with a specialization in marketing, hailing from the vibrant city of New Orleans, Louisiana. With a keen interest in the ever-evolving field of digital marketing, Ron has dedicated his career to becoming an experienced specialist in social media and digital PR. He’s set his sights on AI, marketing, aiming to write articles that distill his expertise into valuable and informative pieces.
Meity Gives Social Media Companies 7-days to Modify User Agreements Against Deepfakes
Rajeev Chandrasekhar, India’s Union Minister of Electronics and Information Technology (MeitY), stated that if users are offended by obscene material such as deepfakes, the government will help them file a formal complaint against social media companies for breaking IT regulations. To discuss this matter, a meeting was called with a few of the most important digital platforms or intermediaries in India. The Union Minister added that social media companies have seven days to update their terms of service in accordance with IT regulations. In addition, he stated that the Center would shortly appoint an officer to combat the threat.
#WATCH | On Deep fake issue, MoS Electronics & Technology Rajeev Chandrasekhar says, "The Rule Seven officer will also be a person who will create a platform where it will be very easy for citizens to bring to the attention of the Government of India their notices or allegations… pic.twitter.com/AHiATR6DD4
— ANI (@ANI) November 24, 2023
Cracking the whip on deepfakes
In an effort to crack down on deepfakes, the union government has given social media companies seven days to modify their user agreements. This is so they comply with IT regulations. The amended account policy prohibits users from participating in 11 categories of content. These include deepfakes, that cause harm to other users. Meity is going to create a platform where people can report social media platforms that are breaking IT rules. Additionally, Chandrasekhar stated that going ahead, 100% of IT rule violations will result in government action.
Read More: Adobe Acquires Indian AI-Powered Platform Rephrase.ai
Meity extends its assistance to file a formal complaint
Meity will assist in filing a formal complaint against harmful content. A case will be brought against the person who posted the content if they assist in identifying its source. The Minister announced that India will create new regulations to identify and stop the spread of deepfakes following meetings with officials from major social media companies and other interested parties. Additionally, the new rule will make it easier for individuals to report these kinds of deepfake videos.
Rules concerning deepfakes
Deepfakes and other unsettling content ought to be taken down within 36 hours of being reported. Intermediaries are required by law to stop the spread of false information. Producing and disseminating deepfakes carries a fine of INR one lakh and a three-year jail sentence.
Here’s what they said
Union Minister of Electronics and Information Technology, Rajeev Chandrasekhar said,
It is a legal obligation for online platforms to prevent the spread of misinformation by any user under the Information Technology (IT) rules, 2021. They are further mandated to remove such content within 36 hours upon receiving a report from either a user or government authority. Failure to comply with this requirement invokes Rule 7, which empowers aggrieved individuals to take platforms to court under the provisions of the Indian Penal Code (IPC). It is imperative that platforms take proactive measures to combat this threat. For those who find themselves impacted by deepfakes, I strongly encourage you to file First Information Reports (FIRs) at your nearest police station and avail the remedies provided under the Information Technology (IT) rules, 2021.
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Virtual Product Placement: The Newest Upstart in TV. Find Out How!
Traditional media’s ad rates are dropping, and the companies that create the fiction that millions of people read every day must come up with a new business plan. Every major broadcaster has launched an on-demand service, contributing to the growing trend of subscription services. Thus, video streaming services with advertising are set to replace traditional networks. The way brands are integrated into digital content is being revolutionized by virtual product placement. With the help of AI-driven technology, marketers can effectively and versatilely engage with their target audience. It’s critical to watch where virtual product placement takes the advertising industry, as studies reveal that consumers prefer in-content advertising 7 times over traditional ad formats. But for many, it remains shrouded in mystery, so let’s explore some insights into the trend.
What is Virtual Product Placement?
Marketers are always looking for new and creative ways to promote their brands and products in the digital world of today. Virtual Product Placement (VPP) is one such technology that has become quite popular. Using AI technology, VPP dynamically inserts a brand into digital content, such as products, signage, or videos. It gives marketers an adaptable, flexible, and powerful tool for establishing a connection with their intended audience. Placements are added to content after it has been produced, allowing for the insertion of various brands based on the audience, channel, and timing of the piece.
Most importantly, VPPs don’t appear in a disruptive way; instead, they organically fit into selected content. With this innovative strategy, brands can easily incorporate their goods into digital content, opening up new avenues for successful advertising. Because virtual product placement has the potential to monetize both new and archived content, it is causing quite a stir in the industry. Because of its adaptability, it can be used for a wide range of content formats, such as music, influencer content, SVOD/AVOD, television, and streaming services.
Inserting brands in post-production in VPP
Digital brand integration into videos has a number of clear benefits. It can be far more flexible and less expensive than handling each product by hand. At a time when viewers are adamantly rejecting commercials and other disruptions to their video binges, it might offer an extra source of income. TV branding opportunities could eventually resemble web advertising with real-time bidding for placements and precise targeting as technology advances.
Traditional product placement
For many years, there has been traditional product placement. Think about the numerous appearances of Aston Martin in classic James Bond movies. As background elements, narrative devices, or even billboard and magazine advertisements, brands are increasingly appearing on TV and film sets. Spending on product placement appears to be increasing yearly, and this strategy is still very popular. In actuality, the anticipated growth in 2022 is 14% higher than the previous year. TV continues to be the preferred medium for this kind of advertising despite the expansion of digital media; in 2021, about $2 billion will be invested in TV.
Challenges of traditional product placement
Traditional product placement presents a number of difficulties, such as being difficult to implement, hard to agree upon, and permanent once it’s been filmed. Production of content requires several months before it is aired or published, so traditional product placement is more of a long-term arrangement than a flexible one.
Read More: Developers Can Publish Instant Games Directly To Facebook At Any Development Stage
Origin of VPP
Virtual product placement allows for the smooth integration of goods into previously created content. This gives advertisers quick, adaptable, and scalable access to already-produced content. Additionally, this gives content producers the freedom to explore new revenue opportunities without having to sacrifice their production schedules or make advance commitments to brand partnerships. Rather, they can concentrate on telling t
heir story and using virtual product placement to include subtle, unobtrusive ads.
Benefits of Virtual Product Placement
Viewer Attention, Flexibility, and Simplicity
A further factor in the significance of virtual product placement in today’s media environment is the evolution of viewer attitudes and behaviors. Creating a positive user experience is the main goal. Viewers of traditional TV are dwindling. Naturally, viewers gravitate toward media platforms that provide more user choice and freedom along with minimal or nonexistent intrusive advertising. While only 12% of consumers said they enjoyed traditional TV advertisements, a remarkable 79% of consumers responded favorably to VPP, according to Kantar research.
Virtual product placement is easier to use and more adaptable than traditional methods. Brands may quickly modify their placements to correspond to particular interests, demographics, and content themes. Because of its adaptability, targeted advertising can effectively reach its target market. Furthermore, virtual product placements fit in perfectly with the selected content, enhancing the viewer’s experience without interfering.
Seizing new advertising opportunities
Virtual product placement is preferred by viewers. In-content advertisements are also shown to be more memorable than traditional TV commercials. Through virtual product placement, advertisers can increase their audience reach and level of engagement. Products can be strategically positioned within well-liked digital content to give brands greater exposure and association with well-known figures or popular shows. With this strategy, brands can improve their own brand awareness and image by taking advantage of the popularity and audience loyalty that digital content already enjoys. When compared to other advertising formats, virtual product placement shows impressive results in terms of ad awareness, brand awareness, favorability, and consideration, according to research from Kantar.
Virtual product placement creates a real impact
On the other hand, virtual product placement reaches viewers when they are deeply engaged with the content they have selected, whereas many people ignore or skip ad breaks. Virtual product placement has the power to connect products and brands with slow-moving characters or compelling narratives that resonate strongly with their target market, influencing their purchasing decisions. There is no danger of virtual product placement occurring too frequently because they are relevant to the media content and do not interfere with the story. For example, it doesn’t feel excessive to feature a cereal brand in every kitchen scene or a makeup brand in every bedroom shot. Viewers can thus see repeated product shots and maintain a positive brand sentiment.
Read More: Meta Announces Five New Lead Generation, AI-Powered Tools for FB, IG
Driving Brand Integration and Consumer Engagement
VPP’s smooth integration strengthens the bonds between consumers and brands. Marketers can create an immersive experience that improves brand recall and recognition by matching products with pertinent content. Digital content that subtly incorporates products fosters a natural association. It increases the likelihood that viewers will interact with and remember the brand. This type of advertising uses visual cues and storytelling to capture viewers and encourage meaningful brand interactions.
Measuring success and ROI
Measuring the effectiveness and return on investment (ROI) of VPP is critical, just like with any marketing campaign. Marketers are able to assess the effectiveness of virtual product placements in terms of reach, engagement, and conversion metrics. They can utilize sophisticated analytics and tracking tools. The utilization of data-driven methodology facilitates the ongoing enhancement and improvement of virtual product placement tactics, guaranteeing optimal efficacy and return on investment.
Drawbacks to virtual product placement
Integration and authenticity
It is imperative to ensure that virtual products are seamlessly integrated into the content while maintaining authenticity. The audience’s opinion may be negatively impacted if the placement appears forced or out of place. Striking a balance between advertising goals and upholding authenticity can be facilitated by collaboration between content producers and advertisers.
Evolving technology and trends
Trends in media consumption and quickly advancing technology have an impact on virtual product placement. Keeping abreast of new platforms, technologies, and formats is essential to making the most of virtual product placement. Furthermore, it guarantees long-term success by routinely evaluating and modifying strategies to conform to changing trends.
Amazon’s Virtual Product Placement
Amazon tested a novel approach to allow brands to run advertisements on its original programming. Reacher, Jack Ryan from Tom Clancy, Leverage: Redemption, and other television series were among the first to take part in Amazon’s Virtual Product Placement beta program. The company’s new CGI-powered product placement technology produced promising results. In the Amazon series Bosch, the bag of M&Ms was digitally added to a bowl on a table.
Peacock TV
A digitally inserted advertising strategy was also announced by Peacock. The purpose of the new in-scene advertisements is to increase commercial opportunities by seamlessly integrating messaging and/or products with content during post-production to place ads during customer-relevant scenes.
Final words
VPP promotes consumer engagement, improves brand integration, and creates new avenues for advertising. Virtual product placement will definitely become more and more important in marketing as the digital landscape develops. Furthermore, it appears that the technological foundation of VPP is already remarkably strong. This is based on the swift rise of a few highly inventive experts. Without a doubt, content owners will be searching for new ways to generate revenue. It is possibly more so than at any other point since the start of digitalization, in a fragmented media landscape where generational shifts present a particularly big challenge.
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SplitMetrics Acquires App Radar for Complete AI-Driven App Growth Services
In a seven-figure all-cash deal, SplitMetrics, an American startup that specializes in app growth solutions, announced that it has acquired App Radar. App Radar is an app marketing and analytics platform based in Austria. Thanks to this strategic partnership, SplitMetrics will be able to provide a broad range of app growth services on an artificial intelligence (AI) powered platform. Through the merger, the two startups come together to provide marketers and app developers with a complete solutions. With this agreement, a largest platform in the industry is created. This platform will offer AI-powered services like data analytics, app store optimization (ASO), paid user acquisition (UA), and conversion rate optimization (CRO).
Separate Brands, One Goal
The companies have announced that they will continue working as distinct brands, catering to more than 1,000 clients throughout Europe, the United Kingdom, North America, and the Asia-Pacific area. This strategy preserves each party’s distinctive advantages while utilizing the group’s combined knowledge. SplitMetrics, which employs 160 people worldwide, currently oversees more than $250 million in yearly advertising spend on behalf of companies including Babbel, Skyscanner, Glovo, and Viber.
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App Radar serves 30,000 app developers and marketers worldwide, including DEGIRO, ProCamera, Chatterbug, and Cronometer. It is an expert in app store optimization and automation. Every day, it keeps an eye on over 30 million keywords in app stores. App marketers will have access to a single point of contact for all the essential resources they require to expand their apps’ presence in major app stores by combining SplitMetrics UA solutions with App Radar’s ASO platform. Mobile businesses will thus have a single, all-encompassing growth engine. It will do away with the current data silos between ASO and UA.
AI-Driven innovation
The union shows how tech companies are adjusting to and contributing to the changing technological landscapes. It is a testament to the ongoing trend of AI reshaping industries. Its goal is to develop into an AI business offering comprehensive app services. It will help eliminate the distinction between UA, ASO, and CRO. SplitMetrics and App Radar are dedicated to having a significant impact on their customers’ success. Furthermore, it aims to raise the bar for user acquisition and operational effectiveness by utilizing cutting-edge AI technologies and market insights.
Read More: Omnicom Signs Generative AI Licensing Agreement with Getty Images
Meta Announces Five New Lead Generation, AI Powered Tools for FB, IG
Throughout its family of apps, Meta is launching five new lead-generation advertising tools, AI-powered features, and CRM alliances. The goal of the tools is to improve consumer connections and campaign efficiency for marketers by generating high-quality leads on Facebook and Instagram. With its most recent feature rollout, Meta hopes to increase customer engagement, establish a connection with prospective buyers, and boost revenue by allowing users to initiate chats, fill out forms, and receive calls from businesses.
New AI-powered features of Meta
Because they are more likely to convert interest into actual sales, quality leads can save businesses both time and money. Marketers must use tools to optimize lead generation because of the increased conversion rate. By doing so, they can ensure more effective campaigns and maximize return on investment.
Click on Whatsapp Lead Generation
The lead objective feature, which is already present on Instagram Direct and Messenger, will now be available on Facebook and Instagram ads that click to initiate a WhatsApp conversation. In the future, certain advertisers will be able to add a Q&A flow in Ads Manager. Advertisers can now provide users with a coupon in exchange for answering the questions on Instagram Direct. The customer can then use the discounts on their subsequent goods or services.
Instant form ad format
For heightened visibility, Meta is launching an instantaneous advertising format designed to facilitate people’s simultaneous discovery and connection with multiple businesses. For instance, users can quickly share their contact details with other relevant businesses, such as nail salons, after registering for a bridal hair trial. It gives consumers greater convenience and increases the likelihood that potential clients will find small businesses.
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Contacting Facebook leads
Additionally, Meta is testing the capability for companies to make direct phone calls to potential customers via Facebook and Messenger, displaying the company’s name and logo on the incoming call screen so that potential customers can identify the caller.
Video Credit: Search Engine Land
Meta Advantage for Lead Generation
With the use of Meta Advantage machine learning technology, Meta is testing a feature that completely develops lead-generation campaigns for advertisers by automating targeting, creative, placement, and budget. Facebook is also testing automated instant form generation based on brand website content.
HubSpot
Meta has streamlined its CRM integration with Zapier and added HubSpot as its newest CRM partner in order to better serve the leads created by these new features. These kinds of integrations can improve campaign performance and assist companies in converting leads.
Read More: TikTok and HubSpot Partner for CRM Integration to Boost Lead Generation
WPP and Sprinklr Partner to Bring AI-Powered CXM Solutions
WPP, the advertising group, and Sprinklr, a pioneer in enterprise software for enhancing customer experiences, have formed a strategic alliance. Through the use of Sprinklr’s customer experience management platform (Unified-CXM), WPP and Sprinklr will combine cutting-edge AI tools to assist global clients in providing more tailored and consistent customer experiences. WPP will be Sprinklr’s first international agency partner as a result of this partnership. Additionally, the two companies will work together on a new product called CX Live AI, which will link WPP’s AI resources with Sprinklr’s AI+ platform, which consists of both generative AI capabilities and customized AI models from Sprinklr.
Advanced AI tools – A necessity for global clients
Creating seamless and consistent customer experiences across multiple channels can be difficult in today’s world. Enterprise-grade artificial intelligence solutions are crucial for global clients because they enable brands to more effectively reach, interact, and comprehend consumers on a large scale. The Sprinklr platform, a market leader in the Unified CXM space and partner to over 1400 brands, including many of WPP’s biggest clients, offers in-depth analysis of data for insights and analytics.
Read More: WPP and Spotify Form A Unique Revolutionary Partnership
How will the partnership work?
WPP teams will benefit from this unique joint offering to create optimized content that connects with the right audiences. The businesses will collaborate on shared analytics, data, and solution development for joint clientele. Sprinklr will provide priority support, including customized enablement programs and early access to new Sprinklr products and platform features, to WPP teams. Additionally, WPP will take part in Sprinklr’s Partner Advisory Board to influence the company’s product roadmap. Both businesses are already working together on projects for a few select clients, like The Coca-Cola Company, where teams use AI insights about customer engagement to guide channel selection and creative development.
Here’s what they said
Stephan Pretorius, CTO of WPP, said
Through the seamless integration of WPP’s AI toolset with Sprinklr’s AI+ platform, we are reshaping how brands can connect with their audiences. This partnership enhances our existing AI capabilities and enables our clients to create customer experiences across all touchpoints, further solidifying our position as a leader amidst the technology revolution that is transforming our industry.
Ragy Thomas, CEO and Founder of Sprinklr added,
Sprinklr and WPP serve many of the world’s most iconic brands. Together, this partnership will enable customers to effectively deploy AI that will result in measurable productivity, cost savings, and the seamless experiences customers have come to expect today. Integrating Sprinklr’s AI-powered Unified-CXM platform with WPP’s AI toolset will help our shared customers quickly adopt the latest AI technologies while ensuring the enterprise-grade privacy, security, and governance that Sprinklr and WPP have built our businesses on.
Read More: WPP and Optimizely Team Up for Data-Driven Digital Experiences
MediaRadar Acquires Vivvix, Kantar Group’s North American Advertising Intelligence Unit
MediaRadar, a platform for sales enablement and advertising intelligence, announced the acquisition of Vivvix, the North American Advertising Intelligence Unit of Kantar Group for an undisclosed sum. Vivvix provides competitive ad intelligence through digital and traditional media channels by utilizing artificial intelligence. These consist of social media, streaming services, and mobile apps. With this ground-breaking agreement, MediaRadar will be positioned as the go-to source for advertising data and insights, catering to the needs of media owners, agencies, and brands throughout the whole industry ecosystem.
AI-powered Advertising Intelligence Platforms
Artificial intelligence powers MediaRadar and Vivvix, to track and gather advertising insights across media and channels. AI also powers them for prospecting and sales recommendations. Transparency, trust, and high-quality data are more important than ever as the advertising sector develops and innovates with new formats for both established and emerging platforms. These insights guide decisions in ad sales, brand strategy, and media planning and buying, helping media companies, brands, and agencies navigate increasing fragmentation and complexity.
MediaRadar’s acquisition of Vivvix, the advertising intelligence unit
MediaRadar’s data capabilities are strengthened with the acquisition of Vivvix, along with its complementary channel coverage. This is by adding new categories like local TV, radio, and search along with expanding into Out-of-Home (OOH) advertising and the Canadian market. When MediaRadar is combined into a single platform, it will provide the most extensive near-real-time ad intelligence out there. Decisions about ad sales, brand strategy, and media planning and buying can be based on the data gathered by Vivvix and MediaRadar.
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Extensive client database
MediaRadar’s vast database tracks over $200 billion in annual media spend across over 4 million brands. It is relied upon by over 20,000 clients. A media budget of over $250 billion is covered by Vivvix’s advertising intelligence footprint. Brands, agencies, and media sellers rely on these platforms collectively to deliver ad intelligence that is essential to their primary business strategy. After the deal, MediaRadar will have more money and resources to invest in cutting-edge tech and data. It will assist it in developing next-generation solutions that maximize value for its clients. Furthermore, it will solidify its leadership in the analytics space.
Here’s what they said
Todd Krizelman, CEO and co-founder of MediaRadar said,
By combining Vivvix and MediaRadar, we offer a complete view of the entire advertising industry. Together, our unparalleled market intelligence will enable strategic decision-making, allowing media sellers, brands, and agencies to navigate the dynamic advertising landscape with even greater confidence.
Andrew Feigenson, CEO of Vivvix added,
When we launched Vivvix earlier this year, our mission was to become the world’s leading ad intelligence company. In joining forces with MediaRadar, we take a significant step toward that goal. We are incredibly excited to work with Todd and his team to achieve a common vision and deliver a complete view of the market to media companies, marketers, and agencies.
Chris Jansen, Chief Executive, Kantar stated,
Today’s transaction brings Vivvix together with a highly complementary business that goes a long way to delivering on their vision of building the most future-facing advertising intelligence business in North America. We’re excited about the possibilities that emerge from the combined entity and wish the Vivvix and MediaRadar team well on the next phase of their growth journey.
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Launch Cart Debuts AI-Powered Ad Platform LaunchADS.AI
Launch Cart, a pioneer in e-commerce solutions officially launched an innovative AI-driven advertising platform called LaunchADS.AI. Businesses can easily build and launch advertising across key platforms thanks to this innovative solution. These include LinkedIn, Meta, Instagram, TikTok, Google, and YouTube. LaunchADS.AI intends to improve how businesses interact with their target audience and enhance their advertising campaigns by incorporating OpenAI’s ChatGPT technology. It will make use of improving the creation of ad text, guaranteeing excellent and compelling material without the need for ongoing expert scrutiny, and making them available to companies of all sizes.
How will LaunchADS.AI benefit businesses?
An important development in the world of digital advertising is the release of LaunchADS.AI. Businesses now have new chances to contact and engage their target customers because of the power of artificial intelligence and Launch Cart’s e-commerce experience. LaunchADS.AI gives companies the option to instantly enhance their advertising campaigns by utilizing AI’s capabilities. To provide useful insights for making wise decisions, the program analyses a tremendous quantity of data, including customer behavior and advertising performance measurements. LaunchAD.AI also includes a machine learning system that continuously picks up new information from user interactions and feedback, enhancing the accuracy and efficacy of the generated ad content over time. By using an adaptive strategy, companies can continuously offer high-performing advertising that boosts conversions and earnings.
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Key features of LaunchADS.AI
- AI-powered ad creation: creates hundreds of catchy headlines and campaign-specific descriptions.
- Platform integration: Integrates with popular platforms including Google, Facebook, LinkedIn, Instagram, and TikTok, and is controlled from a single dashboard.
- Ease of use: Simple UI and user-friendly features make it simple for beginners to launch campaigns.
- Automated ad execution: Core automation guarantees quick ad launches, enabling campaigns to go live in record time.
- Unified Experience: A single login allows users to manage adverts on several platforms in a unified experience.
- Comprehensive Monitoring: ensures that businesses maintain control by offering real-time data and monitoring for ads across all platforms.
Additionally integrated with Launch CRM, LaunchADS.AI offers cutting-edge capabilities for customer relationship management. Businesses gain access to a complete suite with the Launch Cart eCommerce platform that combines advertising, CRM, and online shopping.
About Launch Cart
Launch Cart is a leading on-demand eCommerce system that offers cutting-edge technologies to improve online shopping for companies of all sizes. Launch Leads, for intelligent lead generation, LaunchADS.AI, for AI-driven ad design and targeting, and Launch CRM, for sophisticated customer relationship management, are all included in the platform. These solutions put businesses at the top of the cutthroat eCommerce market by allowing them to streamline operations, boost engagement, and increase conversions.
Read More: Chinese AI Firm Baidu Debuts ERNIE 4.0 Chatbot Competing with GPT-4
Chinese AI Firm Baidu Debuts ERNIE 4.0 Chatbot Competing with GPT-4
Chinese AI firms are competing with ChatGPT for market share, and it has now created a chatbot that can compete with OpenAI’s GPT-4 model. Chinese search engine and AI company Baidu introduced a novel iteration of its artificial intelligence model ERNIE 4.0. It asserts that the ERNIE 4.0 chatbot competes with American models like GPT-4. ERNIE 4.0 was demonstrated by Robin Li, CEO of Baidu, at the yearly Baidu World Conference in Beijing. Additionally, he showed how ERNIE can now be used with Baidu Maps to do tasks using natural language searches.
What is the ERNIE 4.0 chatbot?
The ERNIE model’s most recent iteration is ERNIE 4.0. It stands for Enhance Representation through Knowledge Integration. It is a natural language processing (NLP) model that can comprehend difficult instructions and queries, use logic and knowledge, recall prior knowledge, and produce material and replies that are pertinent and coherent. ERNIE asserts to compete with GPT-4, a different model created by the American research company OpenAI. The main language of ERNIE 4.0 is Mandarin Chinese. It can’t yet process English inquiries at the same high level of sophistication.
The capabilities of the ERNIE 4.0 chatbot include understanding, reasoning, memory, and generation. Li instructed ERNIE 4.0 to produce promotional materials, such as posters and videos, during a live demonstration. Additionally, he instructed the chatbot to create a martial arts novel with characters that had a range of personalities.
ERNIE 4.0 chatbot integration
Baidu unveiled its ERNIE chatbot in March. It made the model accessible to the general public in August. Although ERNIE 4.0 is not yet accessible to the general public, some individuals have been invited to test it out. Technology has the power to change how some items function. Baidu intends to include ERNIE 4.0 in its cloud services, search engine, maps, and business tools. Instead of just returning a list of outcomes and links, the search engine will now generate tailored responses in response to user requests. Significant changes in rankings, traffic, and advertising may result from ERNIE’s integration across its whole product line. These adjustments’ precise timing and scope have not yet been determined. As a result, global marketers must stay current with the latest developments.
Read More: Baidu unveils ERNIE, the AI-powered chatbot to ChatGPT
AI chatbot development in China
Following the global success of OpenAI’s ChatGPT, a host of Chinese businesses are competing to develop AI models, with Baidu leading the pack. Beijing hopes to overtake the United States as the world leader in artificial intelligence by the year 2030. China recently attempted to regulate the generative AI sector, forcing businesses to conduct security checks and acquire approvals prior to making their products available to the public. Businesses that offer these AI services are also required to abide by government requests for technology and information.
Baidu’s rise in the generative AI industry
Originally founded as a search engine, Beijing-based Baidu has made significant investments in artificial intelligence during the last ten years, including in the development of driverless vehicles. To remain competitive, it has moved into generative AI more recently.
China’s competitive landscape
Meanwhile, in an effort to prevent the military in China from obtaining the same technology, the US has placed extensive export restrictions on AI processors, such as NVIDIA’s H100, which is essential for training and operating huge AI models.
Here’s what they said.
Robin Li, CEO of Baidu said,
Ernie is not inferior in any respect to GPT-4. Ernie 4.0 has achieved a full upgrade with drastically improved performance in understanding, generation, reasoning, and memory. These four core capabilities form the foundation of AI-native applications and have now unleashed unlimited opportunities for new innovations.
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