Hong Kong – Local rail operator MTR has announced the launch of its programmatic trading offering, across its network composed of 418 digital panels in 51 MTR stations in Hong Kong.
This new automated programmatic planning and trading offering will accelerate the growth of Out-of-Home (OOH) advertising, connecting advertisers and MTR advertising in a premium marketplace, combining audience targeting and impression data to create an intelligent, automatic and advanced DOOH trading solution to meet Hong Kong marketers’ needs.
MTR advertising is utilising this new technological media trading solution to meet the new expectations of its clients and to increase the competitiveness of MTR DOOH in the market. The new pDOOH offering gives advertisers considerable flexibility to optimise playout for maximum efficiency and to accommodate a flexible range of campaign budgets, ad duration and shares of time.
Advertisers can choose among different trading models through a private marketplace (PMP) and can trade by either guaranteed price & impression (GPI), guaranteed price (GP) or non-guaranteed (NG) floor price via their demand-side platform (DSP), based on CPM (cost per thousand impressions).
Teresa Fung, chief media and business development manager for Hong Kong Transport Services at MTR Corporation, said, “We are excited to be the first metro in Asia to offer Programmatic Digital Out-of-Home as it is further enhancing our digital transformation journey. We believe that programmatic DOOH is the latest market-driven solution to cater to marketer’s needs to target specific audience(s) efficiently.”
She added, “Together with smart technology, MTR advertising provides a flexible and effective platform for advertisers to showcase their digital creativity and facilitates dynamic and engaging advertising campaigns. This not only brings greater commercial value to advertisers, but also optimises the passengers’ journeys with more new experiences and meaningful engagements.”
MTR advertising strategically partners with VIOOH, a leading supply-side platform (SSP), who trades with over 35 DSP partners globally, including Hivestack, The Trade Desk and Yahoo, among others. This latest pDOOH offering will optimise MTR advertising campaign performance and can enable seamless online planning to offline outdoor advertising (O2O) through greater flexibility and agility.
Meanwhile, Shirley Chan, managing director at JCDecaux Transport, commented, “With the rapid development and growing demand for DOOH, programmatic trading has become an irresistible trend. We are excited that MTR advertising is achieving another important milestone by connecting to the programmatic digital ecosystem. MTR advertising programmatic trading can deliver brands greater efficiency, transparency, brand-safety, and measurable advertising, while also linking brands to the right target audience at the right time and right moment, in the right location, and with the right message to optimise deliveries of clients’ campaigns across the MTR network successfully. Our passion and aim are to enhance the position of MTR advertising as the pioneer in OOH digital transformation and we are confident that advertisers and agencies will seize this irresistible new opportunity.”
Lastly, Jean-Christophe Conti, chief executive officer at VIOOH, added, “We’re thrilled to participate in this programmatic offering across the MTR network in Hong Kong. It’s an exciting time for the digital out of home industry as programmatic adoption takes off globally, especially in Hong Kong where 94% of media agencies and leading brand executives stated they plan to integrate programmatic DOOH within the next 18 months. This reiterates to us that the future of pDOOH in this region is looking strong and it’s a big opportunity for the DOOH industry.”
