Archive for the ‘Joost Video Network’ Category

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Distributing Content Beyond the Web

We’re a big fan of iMedia Connection and their regular summits, and participate in quite a few of them every year. On Monday, at the iMedia Breakthrough Summit in Florida, our President of North America, Keith Kaplan, presented to about 150 people during a breakfast session.

Presenting at breakfast is a challenge – people are trying to stay awake and you have to shock them to get their attention. So we wanted to come up with an idea that would make sure that everyone in the room remembered Adconion and our newest product, the Joost Video Network.

We gave the attendees three reasons why they should partner with Adconion and use the Joost Video Network for their video advertising needs.

The first was our people. The second was our products. And the third was our innovation.

Sounds pretty straightforward, doesn’t it? And maybe not like the kind of presentation that will keep you awake before your second cup of coffee.

But everyone who left the room was buzzing, according to eyewitness accounts.

At the end of the presentation, we gave attendees a sneak peek at one of the projects we’re working on. You’ve probably heard of the iPad? You won’t be able to get your hands on one until April 3, but we’re developing a Joost app for the iPad. Like the Joost app for the iPhone, this app will let you watch videos from Joost over WiFi connections for free.

Why are we working on this? We’re working on this because we’re determined to deliver targeted ads and content wherever you are on the Internet – whether you access the Internet on your computer or on your mobile device.

Stay tuned…we’ll let you know when the Joost app for the iPad is approved and in the app store.

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Different Strokes for Different Campaigns

Video is a huge focus for our company this year – which is probably not a surprise for most of you given our acquisition of Joost assets last year and the launch of the Joost Video Network last week. We’re creating the most robust end-to-end online video advertising solution in the marketplace – from video ad serving and distribution to creative services and branded entertainment.

One of the important steps in this process is educating our teams on video. A lot of our employees come from online video backgrounds or branding agencies, but for a long time, Adconion has been focused on performance marketing. With our move “up the funnel” to video advertising, it’s important to us to get all of our employees up to speed on the mechanics of an online video branding campaign.

It was during one of these trainings last week in Santa Monica that I mentioned a concept that lies at the heart of the differences between branding and conversion campaigns.

Most conversion campaigns have a clear call to action, such as  “Click here to buy now,” “Sign up now to talk with an agent”…the goal is pretty straightforward: here’s a little bit about our offering, now buy it or use it. So if someone is in the market for an item (which we know because it’s a targeted campaign), and doesn’t jump (or, in this case, click) the first time, and doesn’t click the second time, the traditional school of thought is that you’re better off saving the ad impression for a different user. It’s common to see frequency cap around two impressions for these types of conversion campaigns.

As you move up the marketing funnel, though, these rules change. Campaigns become less about driving an immediate action and more about building brand awareness or provoking evaluation of the product. Building brand awareness requires a different formula between the two key elements: time and exposure. Branding campaigns need to serve a higher volume of ads over a shorter period of time – or at least a higher volume of ads over the same period of time – in order to increase brand recall, brand recognition and/or brand loyalty. For online branding campaigns, it’s common to see frequency cap set to as high as 5 to 10 per creative execution  – versus the one or two ads per month per user you see with online conversion campaigns.

Since this disparity exists with frequency capping, a very common and (presumably) straightforward campaign element, imagine the potential disparities for other elements of a performance campaign versus a brand awareness campaign – such as day parting, targeting and reach. Frequency capping is just one indicator of the differences between running successful online branding and performance campaigns.

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Introducing the Joost Video Network

When Adconion acquired Joost assets last year, there were a lot of questions about why an ad network would buy a video platform.

What people might not have realized is that we’ve been building our video capabilities for nearly two years. From technology acquisitions to our exclusive relationship with the branded entertainment studio RedLever, we’ve made strategic investments so that we can deliver a complete online video advertising solution.

Today, we’re launching the Joost Video Network, our comprehensive line of in-stream and in-banner video advertising solutions. We’ve built the Joost Video Network with our experience as a display ad network, our understanding of audiences, and our proprietary targeting algorithms, combined with our in-house video and ad serving technology.

All of this delivers global video advertising capabilities with the reach and quality of a video portal, but the scale and efficiency of a network. At the same time, our network is DoubleVerified and IASH compliant, so all video campaigns on the Joost Video Network run in brand-safe environments. In practice, this means that video ads will only accompany premium content; all video ads only appear on our network of premium publishers.

This is an important launch for us, but it’s also a continuation of our existing strategy to be a strategic partner for advertisers and brand marketers, providing them with online solutions to reach customers throughout the marketing funnel.

For people who still wonder why we purchased Joost assets, here is the answer. We’re serious about video, and we’re committed to providing the most complete solution in the marketplace.