Shai Luft, Author at Bench Media https://benchmedia.com/blog/author/shail/ Connecting audiences, data & channels for brilliant programmatic and performance marketing for brands, agencies and trading teams. Thu, 27 Mar 2025 04:55:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://benchmedia.com/wp-content/uploads/2023/06/BenchMedia-favicon.png Shai Luft, Author at Bench Media https://benchmedia.com/blog/author/shail/ 32 32 Media Strategy or Media Tragedy? How Smart Media Planning Drives Powerful Results https://benchmedia.com/blog/media-strategy-planning-agency/?utm_source=rss&utm_medium=rss&utm_campaign=media-strategy-planning-agency Mon, 24 Mar 2025 02:34:45 +0000 https://benchmedia.com/?p=10251 Let’s get one thing straight—media planning isn’t just about throwing ads into the void and hoping for the best. In 2025, the brands winning the media game are the ones […]

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Let’s get one thing straight—media planning isn’t just about throwing ads into the void and hoping for the best. In 2025, the brands winning the media game are the ones with razor-sharp strategy, data-backed decisions, and the agility to pivot when the market shifts (which, spoiler alert: it always does).

So why do so many brands still treat media strategy like an afterthought? According to WARC, brands that invest in a long-term, well-structured media plan see a 38% higher ROI than those that don’t. Meanwhile, a poorly planned media campaign can lead to wasted spend, audience fatigue, and—worst of all—zero brand impact.

If your brand’s media plan feels like it was written in 2019 (or worse, on the back of a napkin last week), it’s time for a serious refresh.

The Harsh Truth: Why do most media strategies fail?

Here are the 3 main reasons why most media plans fail before they even start:

1. The “Set and Forget” Mentality

A media plan that isn’t built to adapt is a media plan that’s already dead. Consumer behaviour shifts constantly, and if your strategy isn’t flexible enough to adjust in real time, you’re wasting budget on eyeballs that have already moved elsewhere.

✅ Winning Media Strategy: Agile media planning that uses real-time performance data to adjust spend, channels, and creative based on what’s actually working. Each channel has a purpose and defined goals as well as overall campaign goals where each layer of the campaign delivers its part towards holistic and tangible outcome.

🚫 Losing Strategy: A six-month static media plan with no optimisations, no adjustments, and no chance of success.

2. Over-Reliance on a Single Channel or Platform

Some brands put all their eggs in one media basket—pouring everything into Meta, Google, or one “hot” platform. But media consumption is more fragmented than ever. 95% of consumers use at least three digital channels before making a purchase, and multi-channel campaigns perform 250% better than single-channel ones (Source: Think With Google).

✅ Winning Media Strategy: A diversified media mix that is built to deliver specifically on the campaign objectives including media channels such Display, Social, CTV, OOH, Audio, and even emerging platforms like retail media networks.

🚫 Losing Strategy: “We see short-term performance through Google so let’s all invest there.”

3. Ignoring Measurement & Attribution

If you’re not measuring performance properly, you might as well be burning cash. Yet, only 52% of marketers feel confident in their ability to measure cross-channel campaign impact (Source: Nielsen).

✅ Winning Media Strategy: Using multi-touch attribution, incrementality testing, and AI-powered analytics to understand which channels drive real conversions.

🚫 Losing Strategy: Relying on last-click attribution, which ignores 95% of the consumer journey and gives all the credit to the last touchpoint.

How to Build a Smart Media Strategy?

Want to stop guessing and start growing? Here’s the blueprint for a high-performance media strategy in 2025:

Step 1: Get Clear on Your Business Goals (Not Just Media KPIs)

It sounds obvious, but you’d be shocked at how many brands don’t align media strategy with real business outcomes. Your media plan should be tied directly to revenue, customer lifetime value, and market share growth.

Example: Instead of just setting a CPM target, measure how each impression contributes to actual sales and retention.

Step 2: Map Out the Customer Journey

You need to know where your audience is, what they care about, and how they move between platforms.

Example:

  • Top of Funnel: Awareness through Video, High Impact Display, OOH
  • Mid-Funnel: Consideration through CTV, Native, Influencer
  • Bottom of Funnel: Conversion through Retargeting, Search, Social media

The key is precision and creating a seamless journey—reaching the right person at the right time, on the right channel.

Step 3: Balance Brand & Performance Media

Short-term performance marketing gets instant clicks and will optimise towards short term conversion goals, so if you ignore brand building, your long-term growth will eventually flatline.

There is no secret formula for the right balance of brand vs performance investment. Les Binet & Peter Field’s research claimed that a winning media strategy balances:

  • 60% brand investment (awareness, storytelling, CTV, display)
  • 40% performance media (search, retargeting, programmatic, shoppable ads)

Other experts such as Professor Bryan Sharp claim that there are much more complex nuances to the idea split. At Bench Media we think there is no one formula that should be applied. Instead, we look at a range of metrics and the goals of each client, competitors, strength of offering, audience segments, industry and many more to determine the ideal media investment and channel mix. We also constantly evaluate and modify this mix as the campaign progresses.

Step 4: Test, Measure & Optimise Ruthlessly

If you’re not running experiments, you’re leaving money on the table. High-performance media strategies rely on:

  • A/B testing creatives, formats, and audience segments
  • Real-time data analysis to shift spend to top-performing channels
  • Incrementality testing to separate real impact from wasted spend

Final Thought: The Agencies That Get It, Win.

The best brands don’t just “do media buying”—they partner with agencies that live and breathe media strategy.

At Bench Media, we build media strategies that don’t just keep up with the market—they push brands ahead of it.

✅ Need a smarter, more strategic media plan? Let’s chat.

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Video Killed the Static Ad: How Video Advertising Reels Results https://benchmedia.com/blog/tv-video-advertising-success/?utm_source=rss&utm_medium=rss&utm_campaign=tv-video-advertising-success Mon, 03 Mar 2025 23:41:30 +0000 https://benchmedia.com/?p=10227 Video advertising has evolved far beyond traditional TV commercials, offering brands unparalleled precision in targeting, measurement, and engagement across a growing array of platforms. From AVOD (Ad-Supported Video on Demand) […]

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Video advertising has evolved far beyond traditional TV commercials, offering brands unparalleled precision in targeting, measurement, and engagement across a growing array of platforms. From AVOD (Ad-Supported Video on Demand) and BVOD (Broadcaster Video on Demand) to Cinema, YouTube, and Connected TV (CTV), advertisers now have the tools to deliver highly personalised, performance-driven campaigns.

In this article, we explore the latest advancements in video advertising, including cutting-edge targeting methods, new measurement capabilities, and the diverse opportunities available across channels.

Advanced Audience Targeting Capabilities

One of the biggest advancements in video advertising is the ability to target users with precision. Brands are no longer limited to broad demographic segments; instead, they can leverage:

  • Behavioural Targeting: Delivering ads based on users’ online behaviours, such as websites visited, search history, and past interactions with brand content.
  • Contextual Targeting: Aligning ads with relevant content themes, ensuring messaging appears in brand-safe, high-engagement environments.
  • First-Party Data & CRM Integration: Using owned customer data to re-engage existing users or finding like-minded new customers across video platforms.
  • Retargeting & Sequential Messaging: Serving ads to users who have previously engaged with video content, including those who watched a percentage of a prior ad.
  • Geo-Targeting & Localised Messaging: Delivering ads based on a user’s location, down to postcode-level precision.
  • Cross-Device Targeting: Ensuring consistent messaging across mobile, desktop, tablet, and CTV for a seamless user experience.

These advanced targeting strategies have contributed to the growth of digital video advertising, with global spending reaching approximately $176.63 billion in 2023, according to Statista.

Enhanced Campaign Measurement & Performance

Video advertising is no longer just about reach and awareness. Today’s campaigns can be optimised using advanced performance metrics, including:

  • Completion Rates: Measuring how many users watch an ad to the end, providing insights into creative effectiveness.
  • Viewability & Attention Metrics: Assessing how visible an ad is on the screen and whether users actively engage with the content.
  • Brand Lift Studies: Measuring the impact of video campaigns on brand awareness, perception, and purchase intent.
  • Attribution & Conversion Tracking: Linking video views to downstream actions such as website visits, form fills, or purchases.
  • Incrementality Testing: Understanding how video advertising drives incremental results beyond organic or existing marketing efforts.
  • Engagement Metrics: Measuring interactions such as clicks, likes, shares, and social amplification.

Studies have shown that video ads have an average click-through rate (CTR) of 1.84%, the highest among all digital ad formats. Additionally, 78% of marketing professionals report that videos have directly helped increase sales.

By harnessing the combined power of advanced audience targeting and enhanced campaign measurement available to advertisers through Bench, it is possible to turn awareness-level video campaigns into tangible revenue outcomes.

Britax, a leading child safety brand, used online video ads and BVOD to augment paid social activity for increasing in-store sales. This Bench Media campaign resulted in a 250% conversion uplift for the audiences exposed to the video and awareness campaign compared to non-exposed audiences.

Expanding Video Advertising Opportunities

As digital video consumption continues to rise, brands have more opportunities than ever to engage audiences through various platforms and formats, including traditional TV, streaming services, and social video. Advertisers can now leverage programmatic technology to deliver personalised video ads at scale, reaching consumers at the right moment across multiple screens.

According to a report by Statista, ad spending in the Digital Video Advertising market worldwide is projected to reach US$207.52 billion in 2025.

How to Leverage Performance-Driven Video Ads

AVOD – The Growth Video Channel

AVOD platforms allow users to access content for free in exchange for watching ads. In Australia, AVOD services such as Binge, Netflix, and Amazon Prime Video (ad-supported tiers) provide opportunities for brands to engage audiences who prefer cheaper ad-supported streaming over more expensive subscription tiers.

BVOD – Enhancing Video Performance

BVOD services, including 9Now, 7plus, and 10 Play, provide premium, locally produced content from major Australian broadcasters. Unlike AVOD platforms, BVOD offers access to professionally curated programming with high levels of viewer engagement.

CTV Advertising – Maximising Digital Advertising Efficiency

CTV (Connected TV) advertising enables brands to reach audiences streaming content on smart TVs, streaming sticks, and gaming consoles. Platforms such as Fetch TV, Kayo Sports, and Foxtel Go allow advertisers to place targeted, unskippable ads within premium long-form content.

The Power of Cinema Advertising

  • Unskippable, Full-Screen Engagement: Unlike digital ads, cinema ads play in a captive environment with high attention rates.
  • High Audience Recall: Due to the immersive nature of cinema, studies show that moviegoers retain brand messaging at a significantly higher rate compared to other video formats.
  • Premium Brand Association: Ads appear before blockbuster films, allowing brands to align with high-quality, high-production-value content.

The Future of Video Advertising

With the continued growth of digital video consumption, advertisers must stay ahead of evolving trends. Innovations in AI-driven creative optimisation, programmatic buying, and interactive ad formats will further enhance the effectiveness of video campaigns.

Is your brand ready to take video advertising to the next level?

Contact us at Bench Media to explore cutting-edge video advertising solutions, tailored to your campaign objectives.

Want to know even more about Video advertising including TV and Cinema?

Check out the FAQ’s on our video advertising page.

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DOOH or Die: Why Digital Out-of-Home Advertising is a Boon for Marketers https://benchmedia.com/blog/digital-out-of-home-advertising-success/?utm_source=rss&utm_medium=rss&utm_campaign=digital-out-of-home-advertising-success-2 Sun, 09 Feb 2025 22:09:56 +0000 https://benchmedia.com/?p=10213 The post DOOH or Die: Why Digital Out-of-Home Advertising is a Boon for Marketers appeared first on Bench Media.

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Out-of-Home (OOH) advertising has long been a powerful tool for brands looking to make a big impact in the physical world. From towering billboards to transit advertising and street furniture, OOH captures audiences in their daily routines, creating brand awareness at scale. 

As consumer behaviours evolve and digital transformation accelerates, traditional OOH is being redefined through new outdoor advertising trends and technological evolution. Enter Digital Out-of-Home (DOOH), a smarter, more dynamic evolution that blends the impact of classic outdoor advertising with the precision and agility of digital technology. For marketers, DOOH marketing offers real-time flexibility, data-driven targeting, and the ability to engage audiences in contextually relevant ways, making it a game-changer in today’s media mix.

So how can marketers truly maximise the impact of Outdoor Advertising and Digital Out-of-Home, in particular?

Let’s explore the key factors that drive effective DOOH marketing and its measurable marketing benefits:

1. Unparalleled Audience Reach and Precision Targeting

Gone are the days of broad, one-size-fits-all outdoor advertising. Today’s DOOH allows marketers to leverage data for precise targeting, ensuring the right message reaches the right people at the right time. With real-time audience analytics, location intelligence, and programmatic buying, brands can optimise their campaigns based on demographics, behaviours, and even weather conditions.

According to Vistar, 88% of adults have seen an OOH ad in the last 30 days and more impressively 82% remember these ads long after viewing them. While many marketers consider OOH as a pure brand awareness channel that is mainly focused on capturing attention and generating awareness, research has shown that OOH also drives real action from consumers. 

Why DOOH Reach and Targeting is a Marketer’s Dream:

  • Mass Exposure with High Visibility – Digital Out-of-Home ads are unskippable, unblockable, and always on, ensuring brands stay top-of-mind as consumers go about their daily lives.
  • Strategic Placement for Maximum Impact – Ads are positioned in high-traffic areas, such as city centres, shopping districts, and transit hubs, reaching millions of potential customers.
  • Reaching Audiences in Key Mindsets – Digital Out-of-Home Advertising connects with consumers when they are on the move, in decision-making moments, whether commuting, shopping, or socialising.

On average every dollar spent on OOH generates approx $9 in sales, making it a star performer from the advertising tool kit. DOOH takes these benefits further with greater flexibility, interactivity, and enhanced targeting capabilities. This makes every marketing dollar deliver even higher returns, as ad relevancy increases and changes to ad placements can be made mid campaign. 

2. Dynamic & Contextual Content

Unlike static billboards, DOOH enables brands to deliver dynamic content that adapts to real-world triggers. Whether it’s time of day, live sports scores, or even social media trends, brands can craft highly relevant and engaging creatives. Contextual relevance enhances engagement, making campaigns more effective in driving awareness and action.

For example, a fast food chain can display breakfast promotions in the morning and switch to dinner specials in the evening. Additionally, brands can leverage environmental factors such as temperature or air quality—an iced coffee ad on a hot day or flu medicine messaging during peak illness seasons can drive higher engagement.

How Digital Out-of-Home Advertising Content Stays Relevant:
  • Seamless Integration with Other Digital Media Channels – DOOH can be programmatically activated, aligning with social media, mobile, and other digital campaigns. While Programmatic DOOH is a subset of the broader Digital-Out-of-Home marketing activity, it is certainly the most efficient, integrated and flexible campaign execution component.
  • Contextually Relevant Ads Increase Engagement – A study by DoubleVerify found that 69% of consumers are more likely to look at an advert if it is relevant to the content they are viewing. For example, featuring an ad for a restaurant within a food court area or an advertisement for clothes within a shopping centre would significantly increase the impact of the ad and the brand perception by consumers.

3. Seamless Omnichannel Integration

DOOH seamlessly integrates with other digital channels, enhancing the effectiveness of omnichannel marketing strategies. By bridging the gap between the physical and digital worlds, it creates a more cohesive and engaging brand experience. 

How Digital Out-of-Home Campaigns Amplify Marketing Outcomes:
  • Mobile & Social Retargeting – DOOH can trigger retargeting campaigns on mobile and social platforms, keeping brands top-of-mind beyond the initial exposure.
  • Programmatic Synergy – DOOH can be bought programmatically, aligning with digital ad campaigns to optimise reach and targeting.
  • Enhancing Online-to-Offline Journeys – DOOH drives searches, website visits, and in-store traffic, reinforcing brand messaging seen across digital and social platforms.
  • Cross-Device Attribution – Advanced analytics enable marketers to measure the impact of DOOH exposure on online actions and in-store visits.

Digital Out-of-Home Advertising integrates seamlessly with a range of third party technologies and omnichannel marketing methods enhancing campaign reach, engagement, and performance, making it a powerful addition to any omnichannel marketing mix. Running an Omichannel campaign which includes Digital Outdoor Advertising can have significant positive improvement on the overall campaign and on other media channels, especially when it comes to retail and e-commerce. Check out our ModiBodi case study which saw Return-on-Ad-Spend (ROAS) improve by 94% on Video ads by incorporating Digital-Out-of-Home Advertising into the campaign.

4. Smart Retargeting & Personalisation

One of the most powerful Digital Out-of-Home Advertising trends is its ability to collect and utilise real-time data. By capturing mobile device IDs from users within the vicinity of a DOOH ad, brands can retarget those individuals with additional digital ads across mobile and social platforms. This ensures that the message stays with the audience beyond their initial exposure to the DOOH placement, reinforcing brand awareness and driving conversions.

Moreover, location-based marketing allows for hyper-targeted messaging. Retailers can trigger exclusive in-store promotions when users are near a store, or travel brands can display ads for last-minute getaways when consumers are at transport hubs. This kind of personalised engagement enhances consumer response rates and drives more meaningful interactions.

A study by JCDecaux and a leading Neuroscience research company, Neuro-insight, indicated that there was over 32% increase in brain response when displaying the most relevant content at the most relevant moment via DOOH advertising. The study showed that there was a 12% increase in response rate when an ad was shown at a relevant moment and an 18% increase when displaying an ad in the right with high relevancy such as location, weather, time or including a live update as a stimulus trigger. In addition to increased brain stimulus, using smart retargeting or personalisation of content increases ad recall and sales response in a significant way.

5. Measurable Performance & Attribution

One of the biggest advancements in moving from OOH to DOOH is the latter’s ability to provide measurable results, bridging the gap between traditional OOH and digital performance tracking. Marketers can now track campaign effectiveness with greater precision, leveraging real-time data and attribution models to optimise performance. 

Key Digital Out-of-Home Advertising Measurement Capabilities:
  • Mobile Tracking & Geo-Location Attribution – DOOH can be paired with mobile data to track how many users exposed to an ad visit a physical store. It can also be used to track how many users visited your website, or downloaded your app, enabling brands to measure direct conversions. A great example of such use by Bench Media can be found in our Stake case study.
  • Footfall Attribution & In-Store Impact – Advanced tracking solutions allow marketers to analyse foot traffic patterns to determine if a DOOH campaign influences in-store visits, giving retailers actionable insights. By pairing a client’s CDP or CPM with DOOH activity, we can directly link real sales activity to their exposure of DOOH ads using loyalty programs or credit card data to track purchases of customers who were exposed to the DOOH ads.
  • Brand Lift & Awareness Studies – Surveys and sentiment analysis tools assess how DOOH exposure impacts brand perception, recall, and engagement. This helps marketers gauge campaign effectiveness beyond direct conversions.
  • Programmatic Optimisation in Real Time – With programmatic DOOH, marketers can track ad performance and adjust creative, placements, and targeting on the fly to maximise impact.
  • AI-Powered Analytics & Predictive Insights – Machine learning and AI tools analyse large datasets to predict user behaviour, helping marketers refine targeting and messaging for future campaigns.

Recent research from oOh! Media shows that brands incorporating DOOH into their marketing mix see an average ROI increase of 39% compared to those relying solely on TV advertising. This demonstrates that Digital Out-of-Home Advertising is no longer just about visibility, it’s a performance-driven channel delivering tangible, measurable results.

6. Creative Excellence & Storytelling

Digital Out-of-Home Advertising provides a canvas for high-impact storytelling. It goes beyond static billboards, offering brands an opportunity to captivate audiences with dynamic, immersive storytelling that adapts to context, time, and audience behaviour. 

The combination of high-impact visuals, real-time data integration, and interactive elements makes Digital Out-of-Home Advertising a powerful canvas for creativity. 

Creative Strategies for Digital Out-of-Home Advertising Success:
  • Dynamic & Contextually Relevant Content – Unlike traditional OOH, DOOH enables brands to deliver real-time, context-aware messages. Ads can change based on weather conditions, time of day, local events, or even traffic patterns, ensuring relevance and engagement.
  • High-Impact Visuals & Motion Graphics – Digital screens allow for full-motion video, 3D animations, and eye-catching creative that demand attention in high-traffic locations. Studies show that animated content captures 2.5x more attention than static images.
  • Personalisation & Adaptive Messaging – With programmatic technology, DOOH creatives can adapt based on audience demographics, behaviours, and interests. For example, a sportswear brand can showcase different ads based on whether a passerby is near a gym or a sports stadium.
  • Seamless Storytelling Across Screens – Digital Out-of-Home Advertising can be used as part of a multi-stage storytelling strategy, where different creatives are displayed sequentially across multiple screens, creating a narrative journey that engages audiences at different touchpoints.
  • Immersive & Interactive Experiences – Interactive Digital Out-of-Home Advertising campaigns can include touchscreens, QR codes, NFC, and Augmented Reality (AR), allowing audiences to engage with the content in real time. This increases dwell time and brand recall. While some of these technologies are still catching on in Australia, they are gaining popularity.
  • Social Media Amplification – Digital Out-of-Home Advertising campaigns can encourage user participation by integrating with social media. For instance, brands can display live social feeds, user-generated content, or interactive polls to create a two-way conversation with consumers.
  • Hyper-Local & Community-Driven Messaging – Digital Out-of-Home Advertising allows brands to tailor messages to specific neighborhoods, cities, or cultural moments, making the campaign feel more personal and relevant to the local audience.

A well-crafted Digital Out-of-Home Advertising campaign doesn’t just inform, it entertains, inspires, and persuades. With attention spans shrinking, the ability to craft visually compelling and contextually relevant messaging is crucial for driving lasting brand impressions.

The Future of Digital Out-of-Home in Your Marketing Mix

As digital and physical environments continue to merge, Digital Out-of-Home Advertising is becoming a crucial part of omnichannel marketing strategies. With its ability to deliver targeted, measurable, and engaging content, it’s no longer just an awareness play—it’s a performance-driven channel. For marketing managers and CMOs looking to make a lasting impact, DOOH presents an opportunity to blend creativity with data for maximum effectiveness.

Are you ready to harness the full potential of Digital Out-of-Home Advertising?

Bench Media can help you craft data-led, high-impact Digital Out-of-Home Advertising campaigns that drive real results. Get in touch and we’ll be delighted to craft a tailored strategy for your next media campaign. 

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A Marketers Guide: Making the Most of Artificial intelligence https://benchmedia.com/blog/ai-marketing-revolution-marketers-guide/?utm_source=rss&utm_medium=rss&utm_campaign=ai-marketing-revolution-marketers-guide Fri, 24 Jan 2025 00:11:48 +0000 https://benchmedia.com/?p=10206 The post A Marketers Guide: Making the Most of Artificial intelligence appeared first on Bench Media.

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Artificial intelligence (AI) is no longer a futuristic concept; it is already fundamentally transforming how businesses connect with their audiences and this will accelerate exponentially with tools such as Open AI’s ChatGPT, Google’s Gemini, Midjourney, Dall-E and many more.

According to Precedent Research, AI’s market size is projected to grow by an average of 19% compound annual growth between 2023 and 2032. Organisations worldwide invested approximately $235 billion on AI during 2024. This figure is projected to nearly triple, reaching over $630 billion by 2028 (IDC).

For Chief Marketing Officers (CMOs) and marketing managers, AI represents a powerful tool kit to drive growth, efficiency, and innovation in an increasingly competitive landscape. From hyper-personalised campaigns to automated processes, AI is revolutionising marketing and media buying by enabling precision, scalability, and real-time adaptability.

Leveraging AI Driven Marketing Trends for Hyper Personalisation

One of the most significant impacts of AI is its ability to deliver hyper-personalised experiences at scale. By analysing vast datasets of consumer behavior, preferences, and interactions, AI algorithms can identify unique customer segments and craft tailored marketing messages. For CMOs and marketing managers, this translates into actionable strategies:

  • More Relevant Ads: AI ensures that your messaging resonates with each audience segment, driving higher engagement and click-through rates. According to a McKinsey report, companies leveraging personalisation can increase revenue by 5-15% and marketing efficiency by 10-30%.
  • Improved Customer Engagement: Personalised experiences foster stronger relationships between brands and consumers, increasing loyalty and advocacy. A Salesforce study found that 62% of consumers expect companies to adapt based on their actions or behaviours.
  • Increased Conversion Rates: Delivering the right message at the right time boosts sales and enhances the efficiency of your marketing spend. Research from Epsilon indicates that 80% of consumers are more likely to purchase from brands that offer personalised experiences.

Recommendations for marketers:

  • Leverage AI-driven customer journey mapping tools to visualise and optimise the end-to-end consumer experience.
  • Work with a data driven media agency to Implement dynamic creative optimisation (DCO) to tailor ad content in real-time based on audience data.

How Marketers Can Harness Real Time Analytics in Marketing

AI is streamlining the traditionally labour-intensive media buying process, enabling marketing teams to operate with greater agility and cost-efficiency.

  • Programmatic Advertising: AI-powered platforms automate the buying and placing of ads across multiple channels, ensuring faster campaign execution and more precise targeting. Statista reports that programmatic ad spending is projected to reach $778 billion (USD) globally by 2028.
  • Real-Time Bidding: AI algorithms analyse real-time data to determine optimal bids, maximising return on investment (ROI) for each impression. This reduces wasted ad spend and ensures that marketing budgets are utilised effectively.
  • Reduced Manual Effort: Automation reduces the need for manual tasks, allowing marketing teams to allocate more time to strategic activities like creative ideation and long-term planning. For example, Google’s AI-driven ad tools can save marketers up to 20 hours per week.

Recommendations for marketers:

  • Partner with a data driven media agency that uses AI-enabled programmatic platforms which offer robust analytics and audience insights.
  • Choose an agency that utilises AI tools to monitor campaign performance in real-time and make adjustments for improved outcomes.

AI Enhanced Targeting and Predictive Marketing Analytics

AI offers unprecedented accuracy in identifying and targeting specific audience segments, empowering CMOs to optimise their marketing strategies.

  • Lookalike Modelling: AI identifies potential customers with profiles similar to your most valuable existing customers, helping expand reach while maintaining quality. Facebook and Google’s AI-driven tools, for example, allow for highly precise lookalike audience creation.
  • Predictive Analytics: AI analyses historical data to predict future trends and behaviours, allowing marketing managers to make proactive, data-driven decisions. According to Gartner, 74% of CMOs believe that AI-powered predictive analytics will be essential for their marketing strategy in the next three years.

Recommendations for marketers:

  • Use predictive analytics to anticipate customer churn and implement retention strategies.
  • Incorporate AI-driven segmentation into campaign planning for more precise targeting.

Content Creation and Optimisation

AI is transforming content marketing by assisting in the creation and optimisation of high-quality, engaging materials.

  • AI-Powered Content Generation Tools: From ad copy to visuals, AI tools help generate creative assets efficiently, freeing up time for marketing teams and reducing creative costs. Tools like Jasper AI and ChatGPT are increasingly being adopted for content creation, saving marketers up to 30% of their time.
  • Content Optimisation: AI analyses user behaviour to identify areas for improvement, ensuring your content performs at its best. For instance, AI can analyse heatmaps and engagement data to optimise website layouts and copy.

Recommendations for marketers:

  • Use AI tools to perform A/B testing on content variations to identify top performers.
  • Leverage AI to optimise SEO strategies, including keyword selection and metadata enhancements.

Addressing AI Adoption Challenges for Marketers

While AI offers transformative benefits, CMOs must navigate several challenges to ensure responsible and effective adoption:

  • Data Privacy and Security: Markets should adhere to regulations like GDPR and CCPA to protect consumer data. Companies like Apple and Google are leading the charge with privacy-centric solutions like differential privacy and Federated Learning.
  • Job Displacement: Focus on upskilling your team to work alongside AI tools rather than replacing roles. According to the World Economic Forum, AI is expected to create 97 million new jobs globally by 2025, offsetting the displacement of 85 million roles.
  • Bias and Fairness: Regularly audit AI models to mitigate biases and ensure equitable outcomes. Ethical AI frameworks, such as IBM’s AI Fairness 360, can guide organisations in building fairer models.

Recommendations for marketers:

  • Establish a cross-functional AI ethics committee to oversee implementation and address potential risks.
  • Invest in continuous learning programs to help your team adapt to AI-driven workflows.
  • Select marketing vendors that have a focus on using AI tools in their workflow whether these are owned or operated.

It’s Time to Incorporate AI Driven Marketing Strategies 

For CMOs and marketing managers, the AI revolution offers an unparalleled opportunity to achieve marketing excellence. By integrating AI technologies thoughtfully and ethically, you can:

  • Enhance operational efficiency and ROI.
  • Deliver personalised, meaningful customer experiences.
  • Stay ahead in an evolving digital landscape.

AI will be at the heart of human progress in the next decade. Brands and marketing teams that utilise AI throughout their marketing practices will have significant competitive advantage by improving efficiencies and effectiveness. The requirements for a leading marketing agency will fundamentally change forever and AI will be a large foundational piece in what marketers look for both internally and externally.

Marketers must embrace AI to not only reshape their marketing strategies but also to future-proof their brand in an ever-changing marketplace. Marketers should collaborate with their teams and agency partners to explore AI solutions tailored to their business needs and set the stage for sustained success.

If you’d like to learn more about how AI can improve your marketing results, contact Bench Media today.

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Choosing An Agency in a Shifting Digital Landscape https://benchmedia.com/blog/choosing-a-digital-marketing-agency/?utm_source=rss&utm_medium=rss&utm_campaign=choosing-a-digital-marketing-agency Wed, 06 Nov 2024 03:02:18 +0000 https://benchmedia.com/?p=10136 The post Choosing An Agency in a Shifting Digital Landscape appeared first on Bench Media.

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Choosing a digital marketing agency can be very challenging in a fast moving technological and media landscape.

In July 2023, I wrote an opinion piece for AdNews discussing the challenges of choosing a digital agency. In that article I covered some of the risks of choosing an agency that is over-reliant on Google and Meta and how marketers should ensure they look closely at the agency’s capabilities, data partnerships and core expertise to ensure they get the best specialist agency for their needs. One of the largest pitfalls I covered at the time was that many agencies claim they are a full service agency whereas in reality they have a very limited media offering and are reliant almost exclusively on Google and Meta for their media offering. 

Recently, the marketing landscape has been impacted by significant regulatory and technological changes that make choosing a digital marketing agency even more complex due to the following industry shifts:

  • Google has delayed further deprecation of third-party cookies
  • Australia’s Privacy Law Reforms loom and are expected to be confirmed an announced by the Australian government no later than 2025
  • The US government has initiated antitrust actions aimed at breaking up Google due to their monopolistic behaviour and control of the Search Engine ecosystem.

These shifts prompt a fresh look at the complexities marketers face when assessing agency capabilities and how industry trends should inform decisions. These industry changes are likely to further erode the effectiveness of agencies that rely on Google, and for that matter Meta, for the majority of their clients’ marketing activity. The recent industry regulatory changes necessitate broadening the advertising approach of brands towards digital marketing platforms that are less reliant on Google data and their affiliated publishers.  This article will provide practical tips for marketers on how to navigate these changes and what factors need to be considered when choosing a digital marketing agency.

Choosing a Leading Creative and Media Agency: What’s Best for Your Brand

When evaluating a potential agency partner, it’s essential to understand the broader agency landscape. Marketing agencies typically fall into two categories: 

  • Independent Agencies – These are smaller agencies where often the founders of the business are still involved in day-to-day operations. Independent agencies are usually highly specialised and offer more personalised service levels.
  • Holding Companies (Agency Groups) – large, international conglomerates with multiple specialised agencies under their umbrella—ranging from UX design to media buying or B2B services. Holding companies, while offering a breadth of services, may sometimes feel more impersonal, with lower client and staff retention rates.

Among independent agencies, the distinction often lies between those that lead with creative services and those that are experts in media buying at their core. Although there are niche agencies specialising in areas like SEO, video production, or UX, most brands view creative and media agencies as their core strategic partners. Indeed for most brands, create and media tend to attract the lion share of marketing investment. These two core agencies are often referred to as “agency of record” by the brands they work with.

One of the first decisions marketers face is determining whether media or creative is central to their marketing strategy. Ideally, brands should partner with both a creative and media agency rather than seeking an all-in-one solution, as specialisation leads to better results.

Additional criteria to consider in evaluating a core agency of record:

  • Agency Collaboration – When selecting an agency consider how well the agency is likely to work with your internal team and external partners. This becomes a critical point for marketing strategy, creative testing, optimising messaging and reporting. Does the agency have a strong record of collaborating with other agencies or partners? Do they have a data led approach to testing creative and audiences?
  • Data Activation – a data led agency should have a clear focus on leveraging your brand data to improve campaign results and test new ideas. Consider their ability to utilise your CRM data to create lookalike audiences and exclude existing customers from certain campaigns. Some other areas to explore include: Will they be activating 1st party data in their campaigns? How will they protect your customer data? Do they use Data Clean Rooms or hashed audience lists?
  • Brand Tech Stack – A specialist marketing agency should have the knowledge and experience to work with multiple tech stacks. They should have experience with attribution modelling, working with a wide range of CDP’s (Customer data Platform) and DMP’s (Data Management Platform) in an agnostic capacity. Consider checking with a prospective agency: What CDP or DMP’s do they have experience with? Have they worked with Marketing Mix Modelling and with which vendors? What Attribution modelling do they recommend? Do they incorporate brand lift studies or Brand Intent Measurement in their media campaigns?

The above list should be created for your unique brand’s needs and is highly dependent on the complexity of your marketing operations and internal team capabilities.

What a Full-Service Agency Should Really Offer (And What to Watch Out For)

Most agencies have roots in a particular discipline and have over time expanded their offering to other disciplines. When evaluating a digital agency or requesting RFP submissions, it’s important to look at the core service of each agency and identify their core offering. Most agencies fall into three main types:

  • Full Service Agency – Offers a full range of services including Creative and Media at the very least.
  • Creative Agency – Focuses on creative and brand strategy but may also offer some more limited media services.
  • Media Agency – Focused on media and publishers relationships but may also have a limited creative or brand focus.

While many agencies label themselves as a “full service agency”, each has a core area of expertise.  A true full-service agency should have in-house expertise across all aspects of marketing, from strategy to execution. However, marketers should critically evaluate this claim. Often, creative agencies outsource media buying to third-party specialists or run it as a managed service. To assess whether an agency truly has in-house media expertise, ask whether they have actual media buyers on staff or merely a planning team that outsources buying and optimisation.

A further consideration is whether the agency operates as an agnostic media agency or is closely tied to a particular platform—most often Google. Agencies designated as “Google Premier” partners may have to meet specific spend thresholds, which can lead to a bias in their media plans. If an agency’s media strategy overly emphasises Google and Meta’s walled gardens, this should raise red flags.

A true full-service agency should showcase versatility, offering a comprehensive range of services that go beyond the dominant platforms. By diversifying their media capabilities, these agencies can craft more robust and impactful marketing strategies. This can be achieved either by expanding their partnerships beyond Google and Meta or by collaborating with a specialised, agnostic digital marketing agency that brings sophisticated data integrations and media expertise. 

A sophisticated and technologically savvy media agency should educate the brand marketing team on how to get the most of each platform and data provider to improve targeting given they are the experts in media buying across a large number of clients and industries.

Avoiding Marketing Platform Dependency: Why an Agnostic Media Agency Matters

As discussed earlier, many agencies have a media offering that is highly reliant on Google and Meta. If a marketing agency’s media offering is reliant on Google and Meta and the majority of its media investment is concentrated on these two companies, this a sure sign of Platform Dependency and lack of media innovation and diversification. A lack of media diversification can pose high risks to achieving decent Marketing Return on Media Investment. This is due to increased bidding competition within these two platforms and shortage of media inventory.

Partnering with an agnostic media agency reduces the risk of bias and ensures that your campaigns benefit from a broader range of platforms. Relying too heavily on Google—where both measurement tools (e.g., Google Analytics) and media inventory are controlled by the same entity—can distort performance insights, making Google’s ecosystem seem more favourable. While Google is undoubtedly a major player in digital marketing, an over-reliance on their technology can expose brands to risks, especially as privacy regulations tighten and data sharing becomes more restricted.

Working across a diverse range of digital media platforms—those that operate in the open internet—offers more accurate measurement and transparency. It allows agencies and brands to shift budgets to higher-performing publishers and data providers while leveraging data across different campaign elements for deeper marketing insights.

Future-Proofing for a Cookieless & Privacy Centric World

As third-party cookies phase out and privacy regulations become stricter, marketers need to ensure their agencies are ready for the next wave of digital advertising. When evaluating a potential partner, ask about their approach to first-party data usage, how they safeguard CRM data, and how they plan to navigate a post-cookie world. Ideally, you want an agency that is proactive, already diversifying its media buys to rely less on third-party tracking. 

There are a number of strategies to prepare for this inevitable new privacy and regulatory change:

Non-Cookie targeting Solutions – those solutions relying on publisher 1st party data or contextual targeting are making a strong comeback. These solutions are highly reliable and are based on actual data relating to environments the user is logged into. They are also less susceptible to users switching or sharing devices, deleting cookies or installing as blockers.

Owned Data – Using a DMP or CDP which can be enriched with data on an ongoing basis can replace a lot of the cookies based approaches and result in more accurate targeting of ads. It also helps reduce advertising waste and only show someone ads based on their purchase history.

Using more sophisticated ID solutions – Many of the ad buying platforms such as Meta, Yahoo, The Trade Desk, Amazon and others have been progressively moving to their own identity solutions. By ensuring your advertising is using a diverse range of media buying platforms you will be able to reduce any negative impact as we move into a cookieless future.

The marketing and media industry is changing rapidly, and the agency you choose should be agile enough to adapt and help you thrive in this new cookieless and privacy centric world. Markets need to be constantly evaluating the changing landscape to future proof their marketing campaigns and adjust to changing media and consumer trends. It’s useful for markets to consider how cookieless tracking constraints will impact their ad performance.

A good first step is to understand what percentage of your ad spend is likely to get impacted and to check how reliant you are on cookie based tracking. 

Once you have assessed your current risk profile, you should be assessing whether your media agency is prepared for this shift and how proactive they are in tackling it. You should also be looking at  alternative media agencies and what their approach is to these changes. 

Ultimately, a media agency which has strong data partnerships and low platform dependency will be more prepared for a cookieless future. Marketers should also interrogate what first party data strategies their agency uses and whether they support integrations with CDP’s to enrich and utilise your first party data. Some areas that could shed light on your media agency’s level of preparedness are whether they support Clean Rooms as a way to safely exchange and access PII data and whether the suppliers have proprietary Universal ID solutions that are non-cookie reliant.

In a rapidly evolving marketing landscape defined by a cookieless future, stringent privacy regulations, and an increasingly diversified media ecosystem, the right agency partnership has never been more critical. Today’s challenges demand not only technical expertise but also a proactive, forward-thinking approach to navigate shifting consumer behaviour and regulatory frameworks. Whether you’re already working with an agency or considering a new partnership, now is the time to assess if your agency is equipped to adapt to these changes. 

If you’d like our team to assist you with evaluating your existing agency’s level of readiness to a cookieless marketing world or how an alternative privacy approach might benefit your brand’s marketing efforts we would love to hear from you.

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FlexiRoam Partners with Bench to launch “Ready for Anything” Global Campaign https://benchmedia.com/blog/flexiroam-bench-ready-for-anything-global-campaign/?utm_source=rss&utm_medium=rss&utm_campaign=flexiroam-bench-ready-for-anything-global-campaign Thu, 09 May 2024 04:16:41 +0000 https://benchmedia.com/?p=9969 Listed Travel Tech company FlexiRoam (ASX: FRX) launched on 1 May an international campaign promoting effortless connectivity while you travel called “Ready for Anything”. FlexiRoam provides low-cost international roaming, making […]

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Listed Travel Tech company FlexiRoam (ASX: FRX) launched on 1 May an international campaign promoting effortless connectivity while you travel called “Ready for Anything”. FlexiRoam provides low-cost international roaming, making it more affordable than ever and has partnered with three Australian specialist agencies to bring this to life.

Bench Media has been commissioned to run media campaigns globally including Search, Social, Display and Video. Momentum has been engaged to work on Branding, Strategy and Creative Content including campaign concepts while StudioLDN is bringing to life a new website and app for FlexiRoam.

The three agencies have been working in partnership to raise awareness for FlexiRoam, staying top of mind for those planning a trip overseas and looking for an alternative to the incumbent telcos’ high roaming costs.

“Global Roaming is a sore point with consumers which are having to be “on guard” while travelling and roaming with their local telco. We’ve been working closely with the team at FlexiRoam to take the message to travellers that there is a better way to stay connected when travelling internationally. This has required some innovative strategies on the media side to effectively reach a wide and diverse global audience across almost 200 countries.” commented Shai Luft, COO and co-founder at Bench Media.

“We found that just like simplifying the complexity of international roaming, it was necessary to create an app and website for FlexiRoam with a simplified User Experience. They aim to empower the millions of people seeking seamless connectivity during their travels, free from the guesswork and risk associated with major telco providers”, adds James Sutton, Director & Founder at Studio LDN.

The media campaign has so far resulted in over 1 million people installing the FlexiRoam app and acquisition costs improving month on month.

“We wanted to bring to life that overseas travel should be about having incredible experiences and the last thing you need tying you down or restricting you is mobile roaming cost. We identified that ‘flexible travel’ is a key trend global travellers are really embracing, people want to make the most of every spontaneous moment. We have captured this by creating pacey, immersive content that captures those memorable moments that happen when you embrace adventure, food experiences and of course the unexpected spontaneous.” said Dave Clough, Creative Director at Momentum.

Steve Picton, CEO of FlexiRoam said “It was great to be guided by experts in their respective fields and for them to work as an integrated team with our own marketing Group. It was a critical component that contributed to the campaign’s success. Roaming costs are still expensive and dominated by the incumbent telcos and our services bring real competition to this market. Our partnership with Bench, Studio LDN and Momentum has seen these three agencies work as a natural extension of our marketing team to bring to life the Ready for Anything concept.

“Travel should be about exploring and experiencing new adventures without being worried about huge bills when you get back home. It’s a very exciting time for FlexiRoam to be leading with this message to everyone that is planning an overseas trip. FlexiRoam recognises that Marketing is our absolute priority and having built an internal team in Australia we will still be relying on our agency partners to deliver the industry leading results and make FlexiRoam the global leader in the Travel Roaming eSIM market with annual growth exceeding 75%”.

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Subscription wars: The future of Video On Demand https://benchmedia.com/blog/the-future-of-video-on-demand/?utm_source=rss&utm_medium=rss&utm_campaign=the-future-of-video-on-demand https://benchmedia.com/blog/the-future-of-video-on-demand/#respond Tue, 30 Aug 2022 16:00:00 +0000 https://benchmedia.com/blog/the-future-of-video-on-demand/ A Mumbrella interview with Ori Gold, CEO, Bench

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Originally published on Mumbrella.com.au

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With the intensifying VOD competition and inflation’s effect on players in the industry and their subscriber base, Mumbrella’s Emma Shepherd speaks to Ori Gold, CEO, and co-founder of Bench Media to share insights on what will impact the future of VOD in Australia, as well as the implications of the rising popularity of AVOD on SVOD’s growth in Australia.

For the Video-On-Demand (VOD) industry, the future has become uncertain, as industry players face fierce competition and rising subscriber abandonment, with consumers ditching their subscriptions amidst rising inflation.

Netflix’s recent disclosure of its first quarterly drop in subscribers in more than a decade has thrust the industry into turmoil as the streaming giant warned that subscriber losses would continue in the near term.

With consumers increasingly likely to cancel their subscriptions or turn to less expensive ads-based options, how then, can Streaming Video-on-Demand (SVOD) providers such as Netflix, Disney Plus, Stan, and Foxtel position themselves against advertising-supported video-on-demand (AVOD) providers? How will the current VOD landscape affect brands’ marketing and advertising campaigns on these platforms?

Speaking to Mumbrella, Bench Media’s Ori Gold says,

We already see a slowdown in all the regions and players in terms of subscription growth. It’s so easy today to do so and this is the main driver for all large players looking at ad-supported models. This is definitely a sign of maturity after many years of disruption.

While this competition remains to increase at a rapid rate, Gold says this also makes it harder to monetise these platforms while keeping up with the increasing cost of content production and technology development.

“Without sponsors or advertisements, the company’s profitability will keep eroding,” Gold admits. “This means that large streaming platforms, with their huge investment in tech and content, will have to continue to raise prices on their subscription plans, continue to crack down on different users sharing one plan, and as we see happening on all global platforms besides Apple TV, introducing ad-supported tiers as a gateway for these users.”

In April, this year, Netflix said it was set to introduce an advertising-supported subscription offering. During the company’s quarterly earnings call in the US, the CEO said the company was open to an advertising-supported subscription model in the near future after years of rejecting calls for an ad-supported streaming tier.

As for the future of VOD in Australia, since Netflix entered the Australian market in 2015, VOD services have become more and more popular.

The 2021 Media Consumption Survey by the Department of Communications, reported in January that SVOD services had overtaken commercial free-to-air television as the most popular way to consume screen content, with 62% of respondents using SVOD services compared to 58% using commercial free-to-air TV.

But this led to a significant drop in viewership of Australian content and productions. Gold thinks the entry of local players into the streaming marketplace improved it slightly, but not near what it was before.

Continued…

Read the full article which appeared on Mumbrella.

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Reimagining business in the digital age https://benchmedia.com/blog/reimagining-business-in-the-digital-age/?utm_source=rss&utm_medium=rss&utm_campaign=reimagining-business-in-the-digital-age https://benchmedia.com/blog/reimagining-business-in-the-digital-age/#respond Sun, 07 Aug 2022 16:00:00 +0000 https://benchmedia.com/blog/reimagining-business-in-the-digital-age/ A Q&A with Sam Thompson, Head of Digital Solutions & Partnerships, Bench.

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A Q&A with Sam Thompson, Head of Digital Solutions & Partnerships, Bench.

What are the current technologies and upcoming technologies that will play significant roles in marketing’s digital transformation?

Technology in media is ever-changing and extremely fluid. We have seen various technologies rapidly enter and exit the space as well as established and dominant players that continue to add value for agency and brand marketers.

What stays consistent is the fact that different marketers have different needs when it comes to technologies required. A great place to start when working through digital transformation is to ask yourself, what are your most valuable target audiences? What data do you have on your customers? What media are you accessing or not accessing when looking to capture that audience? Are you predominantly a brand or performance focused business? How do you measure and report on success? The answer to these questions will give you a guiding light on how to approach digital transformation.

All the technology in our industry will have some element of unique value. It is important to research and understand what that unique value is, so that you can make appropriate business decisions based firmly around your needs. For example, should you need access to scalable audience reach, search marketing and YouTube, then the current Google stack might help you with your digital transformation. If you require heavy purchase intent audiences for performance marketing, or if you sell your products on Amazon, then perhaps the Amazon ecosystem is a perfect solution.

Should you want to engage in conversations with highly targeted or younger audiences then it could be a good idea to focus your attention on building your brand in social media such as TikTok, SnapChat, Twitch (as well as other in-game environments) or Meta. If you store data in the Adobe CDP, then naturally gravitating to the Adobe stack makes sense. Should you need a more agnostic or omni-channel approach then The Trade Desk, Xandr, Yahoo or Amobee might meet the needs of your business. These are current and established technologies that will help you on your digital transformation journey and in reality, a mix of them will likely be required for all encompassing digital transformation needs.

We also see a number of upcoming technologies that are making waves in the industry. Playground XYZ and Lumen are leading the way globally when it comes to assessing, reporting on and optimising towards attention metrics.

Microsoft, while being very established in our industry, have just struck up a deal with a new player in advertising technology and audience reach – you may have heard of them – Netflix. With cookie deprecation hitting the market sometime in 2023, nearly all technologies are building their upcoming first-party data strategies. 

How will buyers’ journey maps transform with the implementation of these new technologies?
I’d argue that buyers’ journey maps have already been transformed and it’s the implementation of these technologies that will help a business utilise data and technology to effectively capture these buyers when they are ready to purchase.

The age old AIDA model – attention, interest, desire and action – still has merits. What has changed is that our journey to purchase is less linear than ever before. We now jump around through the process, we spend more time researching products, we lean more towards sustainable brands, and we are less brand-loyal.

Add to the fact that media is more fragmented and digital than ever before and we can see that the buyer journey is much more complex. This is covered in Google’s The Messy Middle*, which is worth a read.

This highlights the importance of the effective use of technology and data to target consumers with your brand message to the right person, at the right time, in the right environment. Brands and marketers must capitalise on their first party data and personalise their approach to navigate the shift in buyer journeys.

Equally important alongside the shift in buyer journeys for brands is cross platform and cross media reporting to analyse success. Utilising a platform which can help you aggregate information in real time, measure success, and optimise accordingly will help on this journey.

The implications of delayed digital transformation for marketers?
I think it’s important to call out that it’s never too late to start. Whether you’re a marketer that works for a multimillion dollar brand or a marketer that works for a smaller retailer, digital transformation in regards to your data strategies, media buying, web experience or purchase opportunities will be important. As a society, we have swiftly shifted to more digital consumption of media, more general usage of the internet and more digital purchases so it’s imperative that brands have a strategy in place.

Therein lies the challenges in delaying digital transformation. If you’re not working on digital transformation you may be missing out on a scalable and often hard to find digital audience, which in turn equals a loss in potential product sales and revenue to your business. In addition, if you haven’t made your products available online, then you could be significantly limiting your pool of potential customers both locally and globally.

Finally, your own data asset is super-valuable. If you delay your digital transformation you could potentially be delaying having a conversation with your most valuable and likely to purchase audience: previous purchasers. Running through a well-structured digital transformation process will allow you to effectively capture and activate this audience which can help to drive your return on investment goals.

How implementing effective digital transformation will help marketers value-add to their clients’ campaigns and differentiate themselves from their competitors
A nice way to summarise the effect of digital transformation is to look at the practical application for marketing campaigns. Three points to think about are:

  1. Personalisation / effective use of first party data – so you can capitalise on your data asset, find customers most likely to purchase from your brand, and have an intimate and relevant conversation with each potential customer.
  2. Customer journey ease / purchase ease – to ensure you maximise your return on investment and streamline the process to product purchase.
  3. Media access – diversify to take advantage of the fragmentation in media consumption and find your target audiences no matter the environments in which they consume media.

Read the full article which appeared on NZ Media and Advertising News Daily in August, 2022.

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A reinvented classic: how pDOOH ads can supercharge your marketing strategy https://benchmedia.com/blog/a-reinvented-classic-how-pdooh-ads-can-supercharge-your-marketing-strategy/?utm_source=rss&utm_medium=rss&utm_campaign=a-reinvented-classic-how-pdooh-ads-can-supercharge-your-marketing-strategy https://benchmedia.com/blog/a-reinvented-classic-how-pdooh-ads-can-supercharge-your-marketing-strategy/#respond Mon, 27 Jun 2022 16:00:00 +0000 https://benchmedia.com/blog/a-reinvented-classic-how-pdooh-ads-can-supercharge-your-marketing-strategy/ How pDOOH ads can supercharge your marketing strategy

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2022 is the year of reinvented classics – new wave 80s music, the pearl-choker and even the not-so-humble mullet have made a surprise resurgence. More recently, the ad tech world has similarly reinvented the classic billboard through a new lens. Programmatic Digital-Out-Of-Home (pDOOH) ads, which has automated out of home (OOH) advertising, is proving a core strategy to brands of any size looking to reclaim physical ad space in the real world, as humanity moves back outside in a post-lockdown world. 

Let’s take a closer look at how you can use pDOOH to its full potential.

Capturing you in the physical world

With rapidly more public screens turning digital, the potential for ad space has extended beyond your mobile or desktop, and into the real world. Beyond your classic billboard, pDOOH ads can easily and flexibly serve your ads on bus shelters, screens at your gym, local shopping centre, on the petrol bowser, on screens in doctors clinics, pharmacies and urban areas more broadly. 

Blink and you’ll miss it, but you can’t block it out. By appearing in your day-to-day errands, the ad recall is huge.

Data driven audience targeting and measurement

With 11 million Australians exposed to digital out-of-home ads weekly, pDOOH does something that traditional out-of-home and digital-out-of-home cannot – audience targeting and measurement. You can set specific conditions, or triggers, for a person to see your pDOOH ad, and measure the amount of devices exposed to your ad. Targeting options for pDOOH include:

  • Audience demographics and behaviours
  • Time of day
  • Weather triggers
  • Geography targeting

Only when the selected conditions are met will an ad or content be served onto the screen.

By setting the above conditions of serving your ads, you reduce the chance for your non-target audience to see your ad, saving wasted ad spend.

Supercharge your other channels
Strong on its own, pDOOH can be supercharged when paired with other channels to build brand awareness. A user exposed to a pDOOH ad can be captured and retargeted with mobile banner ads post-exposure. 

Pairing the strategy with mobile, social media and print ensures good cross-exposure, while pairing pDOOH with traditionally disjointed channels like CTV (where users tend to watch from home), means more of your audience is being targeted in whatever environment they’re in.

What next?

A new take on an instant classic, pDOOH is an innovative, essential and affordable addition to your marketing strategy. Bench Media is excited to incorporate pDOOH into your marketing strategy. 

Get in touch today to hear about how we can help you run your programmatic digital-out-of-home strategy, including a limited time bonus media offering.

OFFER
Bench is offering $1,000 ad credit for every $10,000 media budget invested in DOOH or TikTok. Please contact us before 31 August, 2022 to take advantage of this offer.

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How an Israeli kibbutz taught me three key leadership lessons https://benchmedia.com/blog/how-an-israeli-kibbutz-taught-me-key-leadership-lessons/?utm_source=rss&utm_medium=rss&utm_campaign=how-an-israeli-kibbutz-taught-me-key-leadership-lessons https://benchmedia.com/blog/how-an-israeli-kibbutz-taught-me-key-leadership-lessons/#respond Wed, 22 Jun 2022 16:00:00 +0000 https://benchmedia.com/blog/how-an-israeli-kibbutz-taught-me-key-leadership-lessons/ How an Israeli kibbutz taught me three key leadership lessons

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Published in The Business Conversation, Australia – June, 2022.

Bench Media CEO & Co-founder Ori Gold explores how his experience taught him lessons in resourcefulness, support and working together to nurture talent. 

It remains one of life’s mysteries that some of our most profound learnings come from the most unlikely of places. Two decades ago, I left the Israeli Defence Forces to join a kibbutz – a small, self-sustaining community that offered a dramatic change of pace to the conflict and uncertainty of a post-9/11 world. As far-fetched as it seems, the two years I spent as a fisherman for this communal society taught me more leadership skills than many of my past career steps.

Now, as the leader of an Australian ad tech company, I hold three invaluable lessons from my kibbutz experience that have shaped my worldview and led me to where I am today.

1. Resourcefulness

Upon entering a kibbutz, one of the first things you learn is to become self-sufficient and to be resourceful. By its nature, a kibbutz is an egalitarian society whereby everyone cooks and does chores together and even looks after each other’s children.

Feeding and caring for up to hundreds of people is indeed a pressure. But it shows you a lot about finding and using the right tools. It teaches you to always find a better way – and if you can’t, create it yourself.

This way of thinking is something I have carried long into my career in technology and advertising. Over time, I have increasingly noticed gaps in existing tools and solutions in optimising media planning across multiple ad platforms.

Always believing there was another and better way of doing things, I made it my vision to address the shortcomings of the advertising landscape, including transparency, bureaucracy and the need for standardisation.

Marketers should always be able to find the best media for their business strategy at any given time by making transparent comparisons between different media and ad tech providers. They also need the ability to quickly shift budgets from one activity to another, otherwise these insights become wasted knowledge.

The desire to change this for the better is what led my co-partners and I to launch Bench together in 2012. As Bench completes its tenth year, my core belief in striving for better, whatever the situation, holds true. Success is a result of a long-term process that starts with understanding how to fail properly and using what you’ve learned to achieve a better result.

2. Everyone deserves support 

The kibbutz’s history is rooted in sharing resources and education. In an egalitarian society, no single person is better than the other and everyone is entitled to the right support.

It is also incredibly diverse: guests from all different backgrounds and cultures come and go, each imparting their own knowledge, skills and levels of curiosity. From this, you soon gain many unique perspectives on different situations.

As a business leader, I try to mimic my kibbutz experience through a heavy focus on equal opportunities, including parental leave, and respect for all individuals. One core component of this is an anti-bullying policy that every employee must sign.

Initiatives like these are critical for leaders in a world where burnout and poor mental health are becoming prevalent. Not only are you protecting your team’s welfare, but you’re also laying the foundations for business success. That is because a team that is comfortable – physically and mentally – will always perform brilliantly regardless of circumstance.

3. It takes a village to nurture talent

My final takeaway from kibbutz living is this: nobody is born knowing everything, and skills are nurtured over time. When you have a clear purpose and a network dedicated to achieving it, sourcing the right knowledge and tools will soon follow.

In a kibbutz, people are united by the goal of making life comfortable for everyone. People raise other children like their own, train young people in skills and crafts, and the result is blanket progress and prosperity for the entire community.

If only the start-up ecosystem could take the same approach to talent. Instead, unfortunately, far too many remain fixated on the product alone. However, without a well-honed team to sell and execute it, a great product will never even leave the shelves.

Successful businesses are built on leveraging top talent and a culture based on excellence. Hiring based on enthusiasm and willingness to learn, rather than just skills, will pay its dues when creating this culture – though if you are willing to invest the time and resources into your people.

Like a kibbutz, the best businesses thrive when everyone pulls together and supports each other for the success of both the collective and every individual. Fostering this takes time and effort, but the rewards reaped will nourish both your business and the wider community for years.

   

Read the article which appeared on The Business Conversation Australia in June, 2022.

 

The post How an Israeli kibbutz taught me three key leadership lessons appeared first on Bench Media.

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