Tag Archives: DSPs

Slash your advertising spend with Facebook ads and DSPs

When it comes to media planning and buying we all want to reach our target market with little or no wastage. Media is expensive – it often outweighs creative by 5 to 1 – and must be measured in terms of ROI (Return On Investment). While we’re seeing more accountability with MOVE (Measurement of Outdoor Visibility and Exposure) introduced early last year there’s still one media channel that wins hands down when it comes to measuring ROI – digital.

The two most exciting aspects of digital media buying for me has got to be Facebook Advertising and DSPs (Demand Side Platforms) allowing highly targeted advertising and minimising wastage. I’ll start with Facebook:

Facebook is seriously clever. Most people will know that when you fill out your profile – gender, age, location, relationship status and interests – you are providing Facebook with rich data that can be used to serve you targeted ads that suit your interests. Every time you ‘like’ a page you are also signalling to Facebook ‘hey I like this stuff’ and Facebook will allow advertisers to use this information and align you with brands that are suited to your taste.

Now despite what you’ve heard in the media Facebook is not actually handing over your personal data to advertisers and your security is NOT at risk – it’s just storing that data and allowing advertisers to set parameters for their ads. Seriously if you want to remain anonymous you can adjust your Facebook privacy settings or opt out of behavioral advertising here – but I’m yet to find someone who’d prefer to see ads that that they have no interest in, over ones that do.

Here’s some screen grabs showing you a few ways you can structure your Facebook Ad and target only those who might be interested in your brand (I particularly like what I call the ‘peer pressure’ ‘like tool which shows which of your friends like that page:

Now for DSPs:

Demand Side Platforms (DSPs) are changing the way online ads are bought and sold and has only just launched in Australia via Brandscreen. DSPs enable media buyers (and agencies) to bid and optimise across several exchanges in real time as well as manage the buy and creative placement of ads. As opposed to looking for an audience to deliver an ad to, DSP allows for people to be valued and targeted individually and anonymously and then be served a highly targeted ad. A bit like an online stock market for ads. Very exciting stuff!

Their website states: Brandscreen brings all the major exchanges within a single, self-serve buying platform, connecting you with Google DoubleClick AdX, Rubicon, AdMeld, Pubmatic, OpenX and ContextWeb. In Australia alone, Brandscreen is already seeing over 250 milion impressions available every day, covering over 2.3 million websites.

How are you measuring your advertising spend? It’s pretty complicated stuff so drop me a line at Brio Group if you’d like to talk more about getting more bang for your advertising buck.

Yours in behavioral advertising,
Janet

Can you really trust your Google search or Facebook feed?

When you “google” something you get the same results as everyone else don’t you? When you post something on Facebook, it has an equal chance of appearing in all of your friends’ news feed right? Wrong!

You may not be aware of it, but developers, particularly those who develop social media sites and search engines, are writing sophisticated algorithms to filter content to make it more relevant to you. Have you noticed that Facebook profiles and pages you view or comment on, or photos of friends you “like”, seem to appear more often than others in your news feed? That’s right, content is being filtered in terms of popularity and relevance to you. But what if you wanted to broaden your mind and find out what’s going on in those less “popular” profiles and pages? Well you have to seek them out, which takes time and effort that many of us are not willing to spare. While these algorithms are designed to filter out the irrelevant information they are sometimes blocking out important information that we might want to hear about.

This interesting TED talk we watched on Monday by Eli Pariser brought up some interesting points about the unintended consequences of these algorithms: we get trapped in a “filter bubble” and don’t get exposed to information that could challenge or broaden our worldview. Eli Pariser argues that this will ultimately prove to be bad for us and bad for democracy.

While Facebook is a great source of entertainment and information its quickly becoming a bit of a popularity contest: the pressure for brands to gain exposure by gaining the most comments or “likes” is building and seriously increasing the need for exciting and engaging content. We might not like it, and might prefer a more democratic way, but it’s a jungle out there and only the most engaging brands will survive. At Brio Group we can help you create engaging content for your branded Facebook page and help you claw your way to the top of the news feed.

Filtered content is not the only thing you need to be aware of – the online ads you see are also highly targeted to your interests and online behavior which I’ll be talking about in my next blog post about Facebook Ads and DSPs. So stay tuned!

Yours in information,
Janet