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Main Feature Technology APAC

Is adtech ‘dying’? How the industry is responding to the delay of cookies deprecation

Digital advertising spend has increased, and is forecasted to grow even further. Dentsu forecasts that ad spending globally will grow by 8.7%, and that around US$738.5b will be spent worldwide this July. As part of that growth, tech companies are very eager to dip into the adtech industry, as well as improve business performance within other adtech companies.. Data from WARC suggests that globally-recognised Big Tech companies will take up about 10.0% of all worldwide ad investment by 2030.

However, as much as there is activity within the adtech industry, companies are on the brink of losing more investment, ranging from factors such as waste of ad expenditure, online misleading content, and ad fraud. These reasons, in turn, become some of the biggest issues within the adtech space, with the large majority of adtech companies rely on third-party data to carry out their advertising strategies. This is evident with the fact that Google has delayed (once again) the phasing out of third-party cookies by 2024, after being previously delayed to 2023. 

And while third-party cookies remain a dominant feature of brands’ success in the adtech scene, there is a rising trend of using alternative ways to improve their digital advertising, from use of zero-party data and contextual targeting to identity solutions.

In our newest The Inner State industry deep-dive, we spoke with three adtech industry leaders: Peter Barry, vice president of addressability at PubMatic; Kenneth Pao, executive managing director at Criteo for Asia-Pacific; and Travis Teo, executive director and co-founder at Adzymic–to learn more about their insights on the current state of the adtech industry–what needs to be changed, and how they envision the industry for the future.

On Changing Adtech Trends: How Do Industry Leaders Perceive It?

Following the changes on Google’s Sandbox Privacy and Apple’s IDFA policies, Teo commented that investment into digital advertising is becoming more industry-specific and sensitive to the macro environment.

“We see shifting of spend into performance related media due to general downtrend of public stock markets, but pockets of industries like travel and entertainment are increasing in spend. Right now, we didn’t see changes in third-party cookies or Apple IDFA, affecting the spends, but we do see advertisers starting to ask questions around these topics,” he stated.

Meanwhile, Pao commented that through these changes, they were able to trigger their efforts to find new ways to engage with consumers, as well as diversify their approach away from retargeting for the benefits of both their clients and consumers. This includes introducing commerce media solutions.

“The approach combines commerce data and intelligence to target consumers throughout their shopping journey and help marketers and media owners drive commerce outcomes. Through this, both marketers and media owners can activate their first-party data and inventory, and package this for advertisers to drive commerce outcomes,” Pao stated.

Delaying Third-Party Cookies: Should We Debate or Move On?

When asked about their perspectives regarding the recent delays made by Google on phasing out third-party cookies, all three agreed that the adtech industry should move towards an ‘open internet’ where consumers’ data sharing preferences are protected in addition to combining data and advertising to create richer online experiences for consumers. 

“As we move towards an addressable media future, Criteo will focus on enabling marketers to manage, scale, and engage their audiences, while empowering media owners to fully utilise their first-party customer data through our commerce media platform strategy,” Pao said.

Meanwhile, Teo noted that there is already a certain fatigue with regards to this topic of cookie deprecation, and that there are more topics within the adtech space marketers and advertisers should talk about.

“At the same time, the industry should move on amidst the uncertainty, and chart its own path forward, instead of relying on Google Alternative. It may be painful initially but will reap the benefits in the future,”

Furthermore, Barry noted that delaying cookie deprecation doesn’t slow their innovation, development and commitment to customers to deliver results for advertisers and publishers.

“It is not good for competition and a healthy open internet when one company makes the digital publishing and advertising world uncertain about what moves to make; the industry should welcome a move away from any one company holding all the cards and should continue to act proactively. The industry should not use this delay to stall; instead this should only encourage us to work faster,” he explained.

Barry also added, “The industry must continue to work together and test privacy-first solutions that will enable safe, data-driven advertising into the future – this news just gives the industry more time to refine technical approaches and drive greater adoption prior to the transition. The move away from third-party cookies is in line with broader global trends around consumer data protection.”

The Big Question: Is Adtech ‘Dying’?

All of the adtech leaders have agreed that the industry isn’t dying after all, but rather advertisers and marketers alike should use the foundational tools and services they have within the traditional adtech space to develop new services that will transition the industry to a more privacy-centric future. 

Teo explains, “I believe the industry will continue to thrive and adapt. We are seeing innovative solutions coming up from various partners in the industry – too many in fact, and the downside is that it can lead to confusion from brands and agencies to understand which offerings can best suit their needs.”

Meanwhile, Pao stated that instead of staying reluctant to prepare for the future of addressability, they should view this as an opportunity to explore innovative tools that can empower them to build up a stronger first-party data management strategy. 

“Rather than viewing the evolution of consumer data privacy as a conflict to existing adtech offerings, adtech firms need to understand that tech tools serve simply as means to the end-goal of helping marketers and advertisers meet consumers’ evolving needs. Hence, as the adtech landscape evolves, the priority for adtech companies remains the same – to help marketers manage, scale, and engage audiences.”

Lastly, Barry said that there is importance in recognising that the deprecation of third-party cookies is in line with broader global trends around consumer data protection, as well as that updates like it should not pause the industry’s work to find new and better ways to deliver relevant advertising to consumers.

“Simply said: we can best serve digital publishers if advertisers get strong ROI from programmatic channels. A focus on helping publishers and brands get the best out of their digital advertising in a cookieless environment will ensure that our solutions remain relevant and useful,” he explains.

What Alternative Solutions Adtech Players Are Utilising?

As adtech leaders become more mindful with the ongoing changes within their industry towards a more privacy-centric one, companies are introducing more alternative strategies to materialise their objectives of veering away from their traditional third-party data-reliant services.

For PubMatic, Barry describes the launch of the company’s ‘Connect’ solution, which ensures publishers and advertisers that could thrive in a world without third party cookies.

“We also launched ‘Identity Hub’ a few years ago, providing a seamless transition from third-party cookies to consumer opt-in based first-party identity, which improves ad personalisation for consumers and provides higher ROI for advertisers,” he said.

Meanwhile over at Criteo, Pao says they are continuing to invest in the growth of their first-party data powered ‘Commerce Media’ solutions, including their ‘Retail Media’ offerings. According to him, they aim to build a unified platform and data source for marketers and media owners that will enable responsible addressable media for the future.

“Over the past couple of years, our solutions have grown to span the entire consumer commerce journey, from discovering brands and products for the first time to ensuring the best opportunities for a sale, to making each subsequent visit more profitable and privacy-safe,” Pao said.

He also added, “Ultimately, we’re using innovative adtech tools to remain laser focused on meeting our end-goal – helping marketers and media owners work with consumers to create a transparent and vibrant open internet for all stakeholders.”

So, What’s Next for the Adtech Industry?

The addressable media and more involvement from more brands tapping into the adtech space: these are the factors adtech leaders see as the future of the adtech industry. For context, addressable media is defined as the type of advertising that connects brands with individual consumers across multiple online advertising platforms, social media, OTT (over the top) content providers, and smart TV platforms.

“The future of adtech will continue to be bright and at the same time getting more competitive and more fragmented. You can see that big global companies like Netflix, Disney, Apple, and regional players like Grab, Carousell are aggressively entering the adtech fray, each offering their own media and data solutions,” Teo explains.

Pao also agrees with this, stating that it is time that we see these changes as opportunities to test new methods for engaging consumers online and approach them with an open mind as the industry moves towards an addressable future in an open internet.

“Four in ten [brands] [in APAC] say their current marketing practices rely on third-party cookies, and that they’re concerned about the elimination of third-party cookies. Brands and marketers should prioritise building up their first-party data strategies and invest in solutions throughout commerce media platforms to help analyse and execute data-driven consumer engagement. Only then can they remain future-proof as the industry evolves.”

Meanwhile, Barry notes that the future of adtech is evident with both publishers and advertisers moving away from walled gardens because they aren’t aware of what’s going on with their investments on those platforms.

“We know there is more change to come as the programmatic industry grapples with the future of identity, and buyers access a much wider array of inventory. We, too, will continue to innovate and evolve to maximise control and value to both publishers and media buyers. This is only the beginning of the next phase of programmatic,” Barry stated.

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Technology Featured Southeast Asia

Adzymic launches Smart Templates to power creative automation, adaptation for brands

Singapore — Adzymic, a dynamic creative platform, has announced the launch of its Smart Templates solution. The new tool enables advertisers to automate creative production and adaptation across multiple formats and sizes quickly and easily, without compromising on quality and brand consistency.

Smart Templates enables the process of developing customized templates according to the desired interactive functions and layouts required by corporate guidelines. A single master template is first built in HTML5 using third-party tools such as Google Web Designer, where various formats such as static or animated images and videos are supported. The master template is then propagated into multiple sizes with optimized banner layouts using automation, and these can subsequently be reused for different campaigns for the brand. Smart Templates essentially serve as a tool for executing multi-market campaigns or for brands with high campaign turnover.

Bybit, a fast-growing cryptocurrency exchange, is one such early adopter. Since 2021, Bybit has seen a fivefold increase in its user base across more than 160 countries. Today, the exchange serves more than 6 million registered users worldwide and offers them 24/7 support in 16 languages.

By leveraging Adzymic’s Smart Templates, Bybit was able to streamline and shorten production time by managing its marketing assets centrally, ensuring consistency in brand messaging while adhering to the varying creative specifications across media channels.

Additionally, Bybit also tapped on Adzymic’s dynamic creative optimization capabilities to incorporate live data such as cryptocurrency prices within banner ads, thus enabling Bybit with rapid go-to-market deployments essential to its business.

Travis Teo, co-founder and executive director of Adzymic, said, “Smart Templates is the next step in our mission to help brands automate their marketing operations. The emergence of various channels has resulted in the exponential growth of creative formats and sizes required for campaign executions.”

Teo adds, “Our new solution gives brands and agencies the power to transform their existing creative process, ensuring brand consistency while allowing creative variants to be generated for different types of channels – from display banners, videos and social posts to emails and websites.

The Smart Templates solution is now available to all agencies and advertisers in scalable packages, with self-serve options, creative supported packages, or managed services.

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Marketing Featured Southeast Asia

Adzymic names Aaron Zurita as new regional lead for LATAM

Singapore – Singapore-headquartered adtech and creative management platform Adzymic, has appointed Aaron Zurita as its new regional lead for the Latin American Region. Through his appointment, Zurita will spearhead the company’s growth and development in the region, managing strategic partnerships with agencies and brands, as well as new business development. 

In his previous role, Zurita has worked in technology, agencies, and media platforms, and most recently served as country manager for LATAM martech firms. 

Commenting on his appointment, Zurita said, “I knew Adzymic was the right choice because I love being able to work with solutions that go beyond the typical digital media offerings – over here it encompasses multiple aspects within a single platform like creative management, data-driven targeting, machine learning and performance.” 

“Adzymic’s strong focus on using DCO to innovatively solve business challenges puts us at the forefront of the rapidly growing the martech ecosystem,” Zurita adds.

The appointment comes after Adzymic expanded its business in 2021 to five key markets of LATAM region including Guatemala, Costa Rica, El Salvador, Honduras, and Panama. 

Zurita joins Adzymic at a pivotal moment in the company’s development, with major brands coming on board in the LATAM region, including Claro, Cisco, HP, Grupo Rey and Elektra. 

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Premium Main Feature Marketing APAC

What’s NEXT: The top personalization strategy for the increasingly nuanced consumer

Last 2 December, MARKETECH APAC, in partnership with Adzymic, gathered marketing leaders from top brands in the Philippines to discuss the future of personalization in marketing in 2022.

Moderated by Marilyn Romero-Ventenilla, senior director for communications and marketing at Teleperformance Philippines, the panel roped in Allenie Caccam, head of marketing of AirAsia Philippines; Anvey Factora, the head of marketing communications, e-commerce and retail at Canon Philippines; and Mark De Joya, chief operating officer of Max’s Restaurant.

Data – leveraging it to learn and adapt to the nuances of the consumer – this is what all marketers agree as the sureshot personalization strategy that will sail brands in the right direction, no matter what the changes will be in 2022.

Factora of Canon Philippines said in the panel that planning way too ahead would turn counterproductive to the situation at hand since the consumer is rapidly changing in tandem with the fast shifts in the pandemic. Coming up with multiple strategies then would be the best approach.

“I think the best approach or strategy is to come up with multiple strategies that you can realistically activate in this constantly evolving world that we all have right now because at the end of the day, if you plan in advance, maybe a year, it may not be as effective as it could be in the next three weeks or two weeks because of all the lockdowns happening, because of all these pandemic variants coming into the picture,” said Factora in the panel. 

When the pandemic struck in 2020, Canon Philippines greeted a boulder of a challenge with the creative and imaging industry being one of the badly hit industries. Since local travel came to a halt and events all pivoted to virtual, there had been less reasons for people to buy and invest in imaging products. 

Caccam of AirAsia Philippines, on the other hand, shared what the airline industry had to deal with in order to retain consumers amid shut local and international travel. Being a highly regulated sector, Caccam shared that answering to multiple stakeholders became a top challenge for AirAsia. Aside from thinking of ways to keep the airline in consumers’ top-of-mind, it also inevitably carried the responsibility to build up the confidence of travelers as travel gradually reopens.

“So when the pandemic hit, everything was constantly changing; from safety protocols to travel regulations, imagine the coordination that needed to happen for us to personalize our marketing efforts. It was definitely a challenge.” 

Max’s restaurant, a well-known local F&B brand in the Philippines, meanwhile, was thrust fast into digital transformation during the pandemic. Its COO Mark De Joya on the panel shared that from being an analog brand, it has become something that is very much reliant on digital fulfillment.

Leveraging data acquisition in 2022

With the consumer now becoming more unpredictable due to the rapid changes in lifestyle, it demands brands be more granular and targeted in their approaches; and marketing leaders agree that this can be achieved by continuously obtaining real-time data.

Caccam said, “I think personalization based on data will help us offer the right product at the right time [and] at the right price. So this is hard but by listening to customer pain points from different channels and combining it with data trends, I think brands can stay relevant.” 

Moving forward in the pandemic, consumers would be zeroing in on brands that bring greater convenience considering the inevitable distress the current situation is causing them. With this, Caccam also believes being a one-stop-shop for customers would be a crucial determinant of how they choose what brands to trust.

“So it’s really creating that personalized trust and being a one-stop-shop for your customers especially because I’m in the airline industry and you know our product is basically really good service, so I think that’s one personalization strategy that I would stick with coming into 2022 which is a recovery period for our industry,” said Caccam.

This is also something that De Joya agrees with, especially that Max’s is part of a larger group together with local and franchised F&B brands.

“Personalization comes from having more and more parts to stitch together and with the array of brands we have, covering separate cohorts and different territorial strengths [has grown in importance],” said De Joya. 

De Joya adds how the current times present a good opportunity to experiment combining brands, or for that matter, services together in order to create a new value for consumers. 

“We have such a great opportunity here to blend our brands together and make sure that if I’m not eating Sinigang today and I want to eat pizza tomorrow, and I want donuts on the weekend, [we] are able to blend together the branded offerings,” said De Joya. 

De Joya further comments, “So our definition of personalization here is understanding that there is more to life than the dish in front of you or the particular dish that we’re craving. It’s an integrated ecosystem of different brands which leads to several service platforms that we had to come up with…just to be able to make sure that we’re all able to offer that variety.”

While on the maturity of data acquisition, De Joya says, “I think [data] is something that we have truly invested many resources into. We really [are] able to identify the nuances in the behavior of our customers now not just the basic stuff like frequency, recency, [or] basket size but even trying to get the nuances [such as] what sort of dishes do they favor [and] what are the cross-brand usages that they have.”

With this, Factora agrees, “Data remains to be king when you [personalize] campaigns. You have to understand really how your customers are, how the data would be helpful to that campaign. I think the best approach in terms of creating a holistic strategy towards personalization is number one, properly understand your data. Having the right platform is important [together with the] right message and right channel.”

The panel was part of the webinar What’s NEXT: Digital Marketing in the Philippines which was held last 2 December 2021. Register here to gain on-demand access.

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The article is published as part of MARKETECH APAC’s thought leadership series What’s NEXT. This features marketing leaders sharing their marketing insights and predictions for the upcoming year. The series aims to equip marketers with actionable insights to future-ready their marketing strategies.

If you are a marketing leader and have insights that you’d like to share with regards to the upcoming trends and practices in marketing, please reach out to [email protected] for an opportunity to have your thought-leadership published on the platform.

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Technology Featured APAC

Adtech Adzymic launches new consumer insight solution, Smart Survey

Singapore – Adzymic, the adtech company that provides AI-driven creative personalization, has announced the launch of their Smart Survey solution. The new survey-based display ad format allows marketers to capture customer insights or take a pulse check on campaigns within a matter of days.

The solution is easily set up on the Adzymic platform and banner ads containing the survey will run on programmatic display inventory, targeting specific audience groups. Results are tracked on the Adzymic dashboard giving insights to advertisers in real-time.

The company said pilot use cases of Smart Survey have included advertisers seeking to measure full-funnel campaign effectiveness, brand lift, third-party audience validation, and audience insights. Adzymic shared media agency Mindshare in India has been one of its early adopters who used the solution for its client, PepsiCo.

“As brands continue to increase investments in programmatic media to drive awareness and purchase intent, we seek to provide a more cost-effective method to measure campaign performance beyond basic metrics like clicks and impressions,” said Travis Teo, co-founder and executive director of Adzymic. 

“Smart Survey offers the added advantages of allowing brands to run anonymous surveys that contain 2-3 multiple-choice questions. The ads appear as native content on web pages and are relatively less intrusive,” added Teo.

The Smart Survey solution is now available to advertisers in scalable packages, with self-serve options, creative supported packages, or managed services. Adzymic said Smart Surveys executed under managed services come with a guaranteed number of respondents to give significant results for advertisers.

Earlier in October, Adzymic, which has a major presence in Asia, announced that it has expanded to Latin America (LATAM) through strategic partnerships with consultant for programmatic media, Grupo Digital Soul, and marketing solution for digital advertising, Latin Interactive. 

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Main Feature Marketing Southeast Asia

MARKETECH APAC launches webinar to uncover future-proof marketing strategies for marketers in the Philippines

Manila, Philippines – The pandemic has turned the way brands engage with consumers on its head. With people cooped up in their homes, digital has not only become the platform to deliver creative and interactive experiences but has become the channel that answers best to consumers’ bounds and capabilities in a physically-challenged environment.

The question now is what’s next for digital marketing? How do we go from here and what future trends in digital marketing must brands set their eyes on? 

With a brand new year fast approaching, MARKETECH APAC, the digital publication dedicated to the marketing and ad industry in the Asia-Pacific, is launching a webinar for the Philippines that aims to give brands a headstart on the next big thing in digital marketing and what marketers and advertisers can do to stay on top of the game in 2022 and beyond.

MARKETECH APAC launches webinar to uncover future-proof marketing strategies for marketers in the Philippines

Gathering an esteemed group of marketing leaders from top Philippine brands AirAsia, Canon Philippines, and Max’s Restaurant, the webinar ‘What’s NEXT: Digital Marketing in the Philippines’ aims to present a future-oriented conversation on digital marketing strategies with a unique perspective from the Philippine industry. 

The panel which includes Allenie Caccam, head of marketing at AirAsia Philippines; Anvey Factora, head of marketing communications, e-commerce and retail, of Canon Philippines; and Mark De Joya, chief operating officer of Max’s Restaurant, will be discussing the state of personalization, the heart of every creative and strategic digital marketing implementation, in the new normal and the next. 

The panel discussion will be moderated by Marilyn Romero-Ventenilla, senior director for communications and marketing of Teleperformance Philippines.

Romero-Ventenilla commented, “In today’s world where physical distance does not mean customers and brands need to be socially and emotionally distant from each other, seamless interaction and meaningful personalized experiences will be key. Innovations around digital marketing will allow organizations to deliver services and interactions tailored to the needs of the market anytime, anywhere.”

The said marketing leaders will be going back to the ‘why’ of personalization and trace it from there – which personalization strategies work best for Philippine consumers and what comes next for the future of personalization. Most of all, leaders will be unraveling the best practices and fitting plans of action for brands to adapt to these foreseen changes. 

‘What’s NEXT: Digital Marketing in the Philippines’ will be held virtually on December 2, 2021 at 3 pm Philippine Time.

Travis Teo, the co-founder and executive director of adtech Adzymic, will be giving a presentation on the role of technology in delivering engaging creatives and how to best harness present advancements in adtech for optimal campaign performance. 

Teo commented, “The programmatic media space is one where audience targeting can be highly specific, and campaign performance determined by the richness of data available for machines to learn and improve. To thrive in this environment, it is important to consider using adtech to scale up on creative personalization and format variants for testing and optimization. We look forward to discussing some of these creative strategies with the Filipino marketing community at our upcoming forum.”

Meanwhile, Shaina Teope, MARKETECH APAC’s regional editor, said, “Digital is now deeply ingrained in consumers’ lives and while brands and marketers have at this point penetrated the interactive platform, the question to be answered now is, what should brands do next to stay within digital consumers’ radar? This industry conversation aims to help firm up their foresight into 2022 and beyond.”

Secure your spot for the webinar here

‘What’s NEXT: Digital Marketing in the Philippines’ is open to all marketers and advertisers looking to get actionable insights and expert guidance on how to future-proof their digital marketing strategies this 2022 and beyond. The webinar is also dedicated to any brand eyeing to enter and win in the Philippine market.

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Technology Featured Global

Adtech Adzymic expands to LATAM, partners with Grupo Digital Soul, Latin Interactive

Singapore – Singapore-headquartered adtech Adzymic has announced its expansion to the Latin America (LATAM) market through strategic partnerships in the region, namely Latin Interactive, and Grupo Digital Soul. 

Adzymic has appointed Latin Interactive as its exclusive partner in the five key markets of Guatemala, Costa Rica, El Salvador, Honduras, and Panama; while moving further south, Grupo Digital Soul will be the exclusive reseller in the Colombian market. 

Through the expansion, the technology behind the Adzymic creative management platform will now be available to LATAM advertisers, which transforms display advertising into visually captivating, high-performing ad formats at scale and speed. The tech combines the power of artificial intelligence with innovative display ads to improve campaign performance.

Kenniess Wong, co-founder and executive director of Adzymic, said, “Marketers in LATAM have shown great propensity to adopt highly interactive digital ads. We are encouraged by the strong growth of programmatic advertising in the region to take our business to the next level, working closely with our partners to effectively reach local advertisers and agencies.” 

Grupo Digital Soul is a strategic consultant on programmatic media in the Colombian market, having experience in digital marketing since 2011. Latin Interactive, meanwhile, boasts 12 years of experience in providing marketing solutions for digital advertising by harnessing big data and artificial intelligence tools, having worked with brands such as McDonald’s, Bayer, and Royal Decameron as well as Coca-Cola in Central American markets. 

Florángela Murcia, director of Soul, said, “As the fourth largest investor in digital advertising in the region, Colombia is a major market. This partnership brings digital transformation to brands and agencies with a state-of-the-art creative management platform, and automated retargeting with its DCO capabilities. Our e-commerce clients will especially benefit with faster time-to-market and overall increased ROI of marketing campaigns thanks to automation.”

Massiel Betancourt, Latin Interactive’s sales director, commented, “While Covid-19 has impacted the overall economy, it has strengthened the conviction for digital ad spending in different sectors such as telecommunications and services, with more companies increasing their digital investment. Today, people are more connected to social networks than ever before.”

Betancourt adds, “One of Adzymic’s formats is the Social Display ad that allows us to instantly convert content from major social platforms into programmatic ad formats – this is an innovative and pioneering solution in the market that presents an exciting new addition to our capabilities.”

Currently, the adtech has already nabbed telco brand Claro Guatemala as a client in the region, using Adzymic’s solution in recent campaigns. 

Established in 2017, Adzymic is currently present in Southeast Asia, Hong Kong, Japan, and Australia.

Categories
Main Feature Technology APAC

MARKETECH APAC opens conversation on the new internet: Advertising in a privacy-first and cookieless world

Singapore – Recognizing the need for brands to transition from the traditional dependence on ‘cookies’ for their digital advertising to a privacy-centric method, MARKETECH APAC, the news content platform dedicated to the advertising and marketing industry in the APAC region, has recently conducted its webinar last 2 June to spur the dialogue on the topic. It provided marketers and advertisers in Asia a view of the best practices they can adopt for their transition to a new internet landscape that is fast putting the premium on consumer privacy. The virtual event on Wednesday also uncovered firsthand insights from marketing professionals in Asia with a panel that saw the gathering of esteemed leaders from the industries of insurance, digital payments and fast food. 

In the first half of the webinar, Creative & Media Innovation in Asia | Preparing your brand for a cookieless world, Travis Teo, co-founder and executive director of Adzymic, presented a discussion on the status quo of third-party cookie usage in marketing and the challenges and opportunities it would leave once they are finally phased out in 2022. 

Meanwhile, in the said panel discussion, industry practitioners shared their experiences as they shift away from cookie targeting techniques. Marketing leaders from Payoneer, Burger King, and Income discussed the strategies they are employing to get ready for the not-so-distant future. 

Privacy-centricity and creative technology: modern marketing techniques for the new cookieless era

In the first presentation, Teo discussed a three-pronged approach that brands can follow to continue driving campaign performance in the post-cookie world: how to sustain accurate audience targeting, where should the ads appear, and how creative messaging strategies should shift to adapt to the new targeting methods. 

He discussed in detail the key alternatives to third-party cookies, sharing the pros and cons of Google’s cohort-based interest targeting, and first-party data targeting methods through hashed/anonymized email addresses or first-party cookie collection. Other considerations discussed were the scale of universal ID adoption of online publishers, accessibility of second-party data from publishers and leveraging adtech to scale up on creative testing and performance. 

Round table discussion on how brands are preparing for transition

The panelists included Tanushri Rastogi, brand and media lead at Burger King Indonesia; Anny Huang, head of digital business at Income; and Eileen Borromeo, head of marketing for Southeast Asia & Pakistan at Payoneer; with the session moderated by Peggy Koh, head of growth and client success at Adzymic

Through the lens of the panelists’ unique business environments, the group discussed how they are sharpening focus on capturing quality first-party customer data via consumer mobile apps or BTL events, and investing in martech stacks that include data management platforms to run campaigns. They concluded by sharing client perspectives on the expectations they had of media agency or martech partners to be knowledgeable and proactive in making recommendations for future-ready methods of running campaigns.

The webinar was conducted under MARKETECH APAC’s webinar series Inside Innovation, in partnership with Adzymic, which attracted a total of 396 registrations across Asia and ANZ.

On-demand access to the webinar is now available. Register here to get your access.

Categories
Main Feature Marketing Partners APAC

MARKETECH APAC prepares brands into a cookieless world with upcoming webinar for privacy-first audience targeting

Singapore – MARKETECH APAC, the APAC-wide news outlet dedicated to the marketing and advertising industry in the region, is launching a webinar that aims to prepare brands for the impending change in digital advertising: audience retargeting in a cookieless and privacy-first world. 

Cookies have long stood as the cornerstone for brands’ advertising efforts, and now that the industry is gearing up to foray into a privacy-first digital space, brands and companies remain in the dark on how they can achieve the best of both worlds – keeping consumers’ privacy intact while attaining campaign performance and driving conversions. 

Leading web browser Google Chrome has already announced its intentions to block third-party cookies by 2022, joining the pack, Firefox and Safari; and with this on the horizon, MARKETECH APAC aims to create a dialogue that would open the floor for brands and advertisers in Asia to discuss the best practices and approaches in maintaining creativity and innovation all the while adhering to safe measures in monitoring audiences’ browsing behavior and preferences. 

Titled ‘Creative & Media Innovation in Asia: Preparing your brand for a cookieless world’, MARKETECH APAC has roped in esteemed marketing leaders from various industries for a panel that would discuss the importance of first-party data and how brands in Asia are doing their share of adapting to the emerging privacy-first internet, and how tech agencies and brands can best navigate this new type of digital environment. 

The panel includes Eileen Borromeo, head of marketing of financial services company Payoneer for Southeast Asia and Pakistan, and Anny Huang, head of digital business of Singapore-based insurance company Income. Joining them is Travis Teo, executive director of Asia-wide ad tech Adzymic

Within the webinar, Teo will also be delivering a presentation that aims to dig deep on the landscape of programmatic advertising amid a new cookieless digital space. The presentation also aims to shed light on how programmatic creatives can fit into overall media strategy and process and will explore the topic of ‘Hacking programmatic display’, exploring how creative innovation and variation drive performance. 

Shaina Teope, regional editor of MARKETECH APAC, commented, “Just like ‘old habits’, we need to make way for new ones, especially if it has stopped serving peoples’ best interests, and this has been the case for digital advertising. For a long time, the use of cookies has only been benefitting best the brands and companies in hitting their campaign and sales objectives and it is time to draw the line. This webinar is positioned to help advertisers to take the necessary first step – and that is to recognize the problem and immerse in the conversation of how we can not only learn to adapt to a privacy-first digital advertising but the ways brands can be the very agents of the transformation into using first-party cookies.”

Meanwhile, Teo, who will be one of the speakers in the webinar, said, “Every change in the digital advertising landscape brings new opportunities and innovation to the space, despite the challenges and unknowns. While moving to a cookieless world remains an uncharted territory for most brands, it provides a great opportunity to reboot old practices and move to a more sustainable and responsible way of audience targeting, and re-focus on how creatives can help provide the necessary cut-through. I’m also keen to discuss with brands the practices and approaches they can adopt to best transit to a cookieless digital environment.” 

The webinar will be held on 2 June at 2 pm SGT. You can register for the event here.

Categories
Main Feature Marketing APAC

November’s Top 5: Stories that hooked you for the month

Holidays are truly around the corner and Christmas-related news has already peeped in to make its way to the top stories, where a global household production name warms hearts with its latest Christmas ad.

Another year-end special also entered the list for the month, with a rewards platform in Singapore announcing a new face for its brand on the 11.11 sale event. 

Stories from marketing tech platforms also turned heads, where two – a global and an Asia-focused firm – announced recent expansions.

Meanwhile, marketing leaders never fail to entice readers, with a feature on a digital head from a leading integrated marketing communications agency in the Philippines making it to the top 5. 

Based on Google Analytics from 16 October to 15 November, these are the top newsmakers for the month.

Top 5: Disney UK’s global Christmas ad puts Filipino family culture in the spotlight

Disney in the UK has released its latest Christmas ad titled “From our family to yours,” and to much of Filipinos’ surprise, the production studios decided to forefront the Philippines’ family culture and Christmas traditions. 

The ad is about a “lola” or grandmother who misses spending time with her granddaughter who has grown mature and has less time for the family. In the video, Lola and her granddaughter bond over making a “parol” or the colorful Christmas lantern in the Philippines. 

Disney UK said the ad is also part of its celebration of the 40th partnership anniversary with children charity foundation Make A Wish, where a portion of the sales from the digital purchase of the video’s official soundtrack “Love Is A Compass” and a limited edition vintage Mickey Mouse soft doll is donated to the foundation.

Both Filipino and international viewers loved the ad, where the video has currently garnered 2.7 million views on YouTube.

Top 4: ShopBack Singapore taps local comic veteran as first ambassador

The headquarters of rewards and discovery platform ShopBack has announced its very first brand ambassador – comedy veteran Kumar.

Kumar is an Indian Singaporean comedian, television host, and drag queen, who made his name performing in the now-defunct cabaret nightclub Boom Boom Room during the late 1990s.

The partnership between ShopBack and Kumar is set to run for a year, which already began in the 11.11 sale event of the platform, and slated to continue through the year-end and next year.

Speaking to MARKETECH APAC, ShopBack Singapore’s Head of Marketing Imran Mohamad shared what makes Kumar perfect for the brand. 

“We believe that Kumar has the same values as us, he’s all about love, authenticity, [and] inclusivity, and we tend to speak the same language,” he said.

He added, “Together with Kumar, we believe that sky’s the limit, that we could really reach out to Singaporeans young and old, to tell them, you are not left behind, and you can shop smarter, [save] more, [earn] more with ShopBack.” 

Top 3: Executive Director of MullenLowe Treyna’s digital arm on #MARKETECHMondays

Last October, Raffy Bariso, the executive director of Philippine integrated marketing agency MullenLowe Treyna graced the #MARKETECHMondays interview, where he shared some meaningful advice about leadership and his insights on the digital landscape in the pandemic. 

As cliche as it may sound during this time, Raffy said “the pandemic is the biggest disruptor.”

“There’s so much innovation to do, and needed during the pandemic crisis, and I can just imagine how everything sped up in terms of the velocity when the pandemic hit us. I’m already doing a lot in terms of digital marketing, [but] imagine, all of my brands pivoting double time for this season,” he shared. 

As heads of digital arm TAPS or MullenLowe Treyna’s Technology and Platform Services, Raffy spearheads services which is mainly the use of creative technology to answer clients’ marketing challenges, coming up with products that leverage the firm’s expertise in strategic narrative, content and media, PR, activations, and production.

As a leader, he believes in the power of “vision.”

“I had to set [a] vision for my team. [This] sets the tone and direction for everybody, and [from them], I have to sell that vision, [so that] I can build that trust, and they can get behind my goals,” he said.

Top 2: Global experience analytics platform Contentsquare expands to APAC

International-wide experience analytics company Contentsquare has recently announced its APAC expansion; and with new offices in Singapore, Tokyo, Melbourne, and Sydney, it has unveiled two key executives at the helm. 

Former senior head at Microsoft David Bochsler has been appointed as regional managing director for APAC, while former head of CRM Marketing for food delivery platform Deliveroo Frazer Adnam is tapped as country manager for ANZ.

Contentsquare’s platform captures every in-page interaction and micro-gesture to understand and analyze customer behavior. It provides teams a digital experience stack that supports the full cycle of digital improvement with available scores, visualizations, and recommendations. 

Sharing his insight on the state of user experience (UX), David said, “Increasingly, we are seeing a shift to brands wanting to deliver not just more sales, but a better online experience for their visitors, which in many cases is the only experience that the customer has with that brand. So UX is at the top of the priority list in 2020.” 

Meanwhile, new ANZ country manager Frazer said that what he likes about Contentsquare is its ability to locate revenue fast and at scale, and its ability to visualize data. 

“When I first saw the Contentsquare platform, I was just so excited about the technology. I was the decision-maker on the brand side that Contentsquare would have traditionally sold to. I thought, ‘this solves problems that I literally would have needed five people to solve,” he said.

Top 1: Ad-tech Adzymic enters Hong Kong, Thailand, and Japan market

The top story for the month comes from the same field of marketing tech – Asia-focused ad-tech Adzymic’s further expansion to Asia, with new markets in Hong Kong, Thailand, and Japan. 

Prior to the expansion, Adzymic has already been operating in countries Singapore, Malaysia, and Vietnam. Its flagship solution is the Dynamic Creative Management Platform which functions as advertising transformation of physical to digital media, such as banners, carousel ads and social display ads, allowing advertisers to create ads without the need for coding experience. 

Co-founder and executive director Ken Wong shared to MARKETECH APAC what made the company reach out to the new markets. 

“Programmatic media has become increasingly important in these three markets. Before the pandemic, we saw that many Thai and Hong Kong companies have already adapted to the digital and programmatic media platforms, [and] during this pandemic, they have diversified their digital presence even more rapidly. We saw that they already had some quick traction with the local businesses,” he said. 

Meanwhile, Ken said the company entered Japan because it has “always been an appealing market, which is one of the world’s largest advertising markets of the US and China.”

Watch the MARKETECH APAC REPORTS of these top five stories, with exclusive appearance and commentary from the newsmakers themselves.

This is in collaboration with Malaysia-based media company The Full Frontal.