Using data to enhance ad targeting
I was at a family gathering this weekend and was watching my son and my nieces and nephews (aged from 8 – 14) avoid social interaction with adults by spending all of their time on iPads or iPhones when I noticed something interesting. They were all on the same platform (Instagram) and sharing a verbal conversation about what they were looking at, but they were all processing the information differently. One kid would find a funny picture and tell the other kids. All the kids would go to that picture and laugh or comment, but even though they were at the same starting point, they would go different directions on their own mobile device until another funny picture was found and then the process would repeat itself.
Watching them reinforced that relevancy is a vital plank of any advertising plan – that even though we at bloomfield knoble, or any advertising agency, think we know what people are going to do – we don’t. It is because of this uncertainty that you find more and more advertising campaigns offering additional information across a wide variety of social media platforms. It wasn’t that many years ago that the only action we thought people would take would be to call a phone number. Then it became the only action we thought people would take would be to go to the website. Now an agency has to prepare for, well, everything. So I am always pleased when platforms make life easier for us here at bloomfield knoble.
I was quite excited to read that Flipboard opened up its data to enhance ad targeting on its platform. If you’re not familiar with them, Flipboard gives people a single place to follow all of their interests. People use Flipboard to enjoy their favorite sources from around the world and then save stories, images, and videos into their own Flipboard magazines—sharing items that reflect their interests, express their perspectives, or are simply things they want to read later.
Curation, reader behavior and social data together with Flipboard’s powerful Topic Engine, which understands the content of articles, are the key elements of the social magazine’s new Interest Graph Targeting. Interest Graph Targeting combines the best of two worlds: contextual advertising and behavioral targeting, without their downsides. Instead of targeting individuals based on cookies and tracking them across the Internet, which is not a viable option on mobile devices, Flipboard’s Interest Graph lets brands reach people based on billions of stories per month across thousands of publishers including the top premium publishers that users are reading, sharing, curating, liking, and discussing.
This launch signifies a next phase in Flipboard’s advertising business as advertisers can now increase the relevancy of their full-page adds, Promoted Stories or Videos and Brand Magazines by placing them near related stories and by reaching people who are interested in this content. “Flipboard is well known for beauty and design, which is reflected in the presentation of content as well as advertising. We combine this beauty with ‘brains’: our deep understanding of the intricate connections between people, content and interests through our Interest Graph,” said Mike McCue, Flipboard’s co-founder and CEO. “The Interest Graph powers content discovery on Flipboard and now, we’re opening it up to our brand partners who want to get their messages in front of their audience in the right context as well as in the right mindset.”
Interest Graph Targeting also ensures that ads appear in proximity to and in related content, making them interesting and relevant to the topic a person is reading about on Flipboard. Flipboard’s ad data has historically shown strong performance when brand ads and branded content were aligned with relevant interest channels. Interest Graph Targeting further enhances this contextual targeting by giving advertisers access to all 34,000 Flipboard topics and using the billions of user data points. High-end brands, that place a premium on the placement of ads, can use Interest Graph targeting to ensure their ads appear in the appropriate context.For instance, a retirement fund can target financial topics, and an airline can target different travel destinations; Flipboard’s Interest Graph automatically knows all the related relevant topics omitting hours of research into keywords. “We can go beyond the keyword to find like-minded people in broader contexts that will resonate with an advertiser’s brand narrative,” said Dave Huynh, head of ad product at Flipboard. As Flipboard’s audience grows—recently reaching 80 million monthly active users—advertisers increasingly seek out the platform to reach their audiences. To meet the growing interest from brands, the company has made advertising a key focus this year, expanding its ad formats and targeting capabilities.Using tools like Flipboard’s Interest Graph can be of great benefit to both advertising agencies like bloomfield knoble, but more importantly, provide a better (more relevant) experience to the reader – and at the end of the day, that’s really what we want to accomplish.
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Who is bloomfield knoble?
bloomfield knoble is a full-service, premier strategic marketing and advertising agency based in Dallas, Texas. Our clients include top 50 Fortune companies and unique businesses that seek a strategic partner to empower their offerings and growth. Whether developing an integrated advertising campaign, a direct marketing tactical approach, brand framework and positioning exercise, or daily creative, technical and consulting support, bloomfield knoble provides a one-to-one approach. Call Eric Hirschhorn to learn more at 214-254-3805, or firstname.lastname@example.org.