MARKETING
Getting Started with Programmatic Advertising
Programmatic advertising has had a constant presence across the paid media space for over a decade. However, it still isn’t widely adopted by managers or businesses because there continues to be a disconnect between what it is, how to get started, and what happens after deciding to dive into programmatic advertising.
Today, I want to help you jump start your programmatic journey. There are a lot of resources out there to help, but I’ve narrowed it down to make it easy for you. So, there are 3 key tools and resources you need to get started:
- A Programmatic Definition
- 4 questions to ask before getting started with programmatic
- 3 resources that will guide your next programmatic steps
Programmatic Defined
To get a baseline, we need to have a rough outline of what we are defining as programmatic advertising:
Programmatic Advertising is a system that automates the processes involved with buying and dynamically placing ads on websites, smart TVs, and apps. Programmatic advertising makes it possible to purchase ads, including targeted messaging in real-time.
Definitions are great, but only to get the ball rolling. The next step is to start asking questions to figure out if programmatic is the right next step for you.
Top 4 Questions to Ask
There are a few questions that you can ask yourself or the brand(s) you work with to give you a roadmap to getting started. These same questions can also be turned to ask a potential vendor if they might fit your needs, but we will discuss that in the resources section.
Here are what I consider to be the top questions to ask:
What is my budget?
- Make sure you have enough budget or can get extra budget to start a new platform like programmatic. Some vendors require spend minimums or contract lengths. Also, budget can determine data significance; so, can you get enough data out of your budget to make the campaign worthwhile.
Do I value full funnel?
- If you are not currently looking at any sort of full-funnel approach and only looking at last touch or some sort of direct correlation, you may need to reconsider how you look at indirect value, as programmatic is usually a higher-funnel option that can help produce more results down the funnel, but does not always create instant returns.
Do I have outside data that I can use to inform my targeting?
- Having CRM data, persona insights, and other helpful data can help inform the system to build up better results.
Have a large or very specific product offering?
- If you have a lot of products or need to target different specific personas, programmatic can be used to drill down to micro-personas and target the exact customer type that matches with that product. Then, show hyper-relevant ads based on the product and persona.
If you are able to answer yes to one, some, or all of these questions, then naturally, Programmatic might be a great next step to test out. But, before you do, there are still some questions to be answered and guides to explore, that will help you navigate the world of programmatic.
Programmatic Resources
We have written several great guides and posts that will help you determine exactly how to use programmatic.
Choosing a Vendor
Now that we’ve answered our own checklist of questions to determine if Programmatic is the right strategy, we then need to choose a programmatic vendor. The guide below delivers a checklist to help evaluate partners and find the right solution for your needs.
How to Choose a Programmatic Vendor
Taking Programmatic to the next level
So, now you’ve found a vendor, started a campaign and want more. Don’t fear,
“Here are 5 tips that will help increase the quality of your overall strategy and improve efficiency.”
5 Tips to take Programmatic Advertising to the Next Level
The Full Guide
There’s always more to learn and having a comprehensive guide can make it even better. Here’s the definitive programmatic guide for PPC Managers. This guide will walk you through 6 areas to give you the knowledge to get started with Programmatic.
- A full programmatic definition
- Why Programmatic is different than typical display
- Tips for Testing
- Issues in Programmatic
- What’s next in Programmatic
Get The Definitive Programmatic Guide for PPC Managers
Final thoughts
Programmatic is really part of the next wave in the industry that will continue to grow and adapt. Not only in display, but other areas as well. We are already seeing expansion into audio, video and tv, and even billboards. Also, now with the continued expansion of attribution modeling, the touchpoints are becoming easier to understand and optimize for results.
I highly encourage you to read the above resources and start your programmatic journey.
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Post updated by Bryan Gaynor (prior post date: 5/31/18)
MARKETING
Trends in Content Localization – Moz
Multinational fast food chains are one of the best-known examples of recognizing that product menus may sometimes have to change significantly to serve distinct audiences. The above video is just a short run-through of the same business selling smokehouse burgers, kofta, paneer, and rice bowls in an effort to appeal to people in a variety of places. I can’t personally judge the validity of these representations, but what I can see is that, in such cases, you don’t merely localize your content but the products on which your content is founded.
Sometimes, even the branding of businesses is different around the world; what we call Burger King in America is Hungry Jack’s in Australia, Lays potato chips here are Sabritas in Mexico, and DiGiorno frozen pizza is familiar in the US, but Canada knows it as Delissio.
Tales of product tailoring failures often become famous, likely because some of them may seem humorous from a distance, but cultural sensitivity should always be taken seriously. If a brand you are marketing is on its way to becoming a large global seller, the best insurance against reputation damage and revenue loss as a result of cultural insensitivity is to employ regional and cultural experts whose first-hand and lived experiences can steward the organization in acting with awareness and respect.
MARKETING
How AI Is Redefining Startup GTM Strategy
MARKETING
More promotions and more layoffs
For martech professionals salaries are good and promotions are coming faster, unfortunately, layoffs are coming faster, too. That’s according to the just-released 2024 Martech Salary and Career Survey. Another very unfortunate finding: The median salary of women below the C-suite level is 35% less than what men earn.
The last year saw many different economic trends, some at odds with each other. Although unemployment remained very low overall and the economy grew, some businesses — especially those in technology and media — cut both jobs and spending. Reasons cited for the cuts include during the early years of the pandemic, higher interest rates and corporate greed.
Dig deeper: How to overcome marketing budget cuts and hiring freezes
Be that as it may, for the employed it remains a good time to be a martech professional. Salaries remain lucrative compared to many other professions, with an overall median salary of $128,643.
Here are the median salaries by role:
- Senior management $199,653
- Director $157,776
- Manager $99,510
- Staff $89,126
Senior managers make more than twice what staff make. Directors and up had a $163,395 median salary compared to manager/staff roles, where the median was $94,818.
One-third of those surveyed said they were promoted in the last 12 months, a finding that was nearly equal among director+ (32%) and managers and staff (30%).
Extend the time frame to two years, and nearly three-quarters of director+ respondents say they received a promotion, while the same can be said for two-thirds of manager and staff respondents.
Dig deeper: Skills-based hiring for modern marketing teams
Employee turnover
In 2023, we asked survey respondents if they noticed an increase in employee churn and whether they would classify that churn as a “moderate” or “significant” increase. For 2024, given the attention on cost reductions and layoffs, we asked if the churn they witnessed was “voluntary” (e.g., people leaving for another role) or “involuntary” (e.g., a layoff or dismissal). More than half of the marketing technology professionals said churn increased in the last year. Nearly one-third classified most of the churn as “involuntary.”
Men and Women
This year, instead of using average salary figures, we used the median figures to lessen the impact of outliers in the salary data. As a result, the gap between salaries for men and women is even more glaring than it was previously.
In last year’s report, men earned an average of 24% more than women. This year the median salary of men is 35% more than the median salary of women. That is until you get to the upper echelons. Women at director and up earned 5% more than men.
Methodology
The 2024 MarTech Salary and Career Survey is a joint project of MarTech.org and chiefmartec.com. We surveyed 305 marketers between December 2023 and February 2024; 297 of those provided salary information. Nearly 63% (191) of respondents live in North America; 16% (50) live in Western Europe. The conclusions in this report are limited to responses from those individuals only. Other regions were excluded due to the limited number of respondents.
Download your copy of the 2024 MarTech Salary and Career Survey here. No registration is required.
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