IPG Mediabrands AU partners with specialists for programmatic in OOH
Australia’s out-of-home (OOH) advertising industry is about to experience its first brush with programmatic buying in an Australian media-first created by a small consortium of specialist businesses. IPG Mediabrands programmatic buying division Cadreon has joined forces with specialist businesses BrandScreen and Site Tour to launch the sale of out-of-home digital inventory across nearly 1,000 OOH screens networked for programmatic buying.
The new project, which has been dubbed ‘The 5th Screen’ or PDOH (programmatic digital out-of-home), aims to extend the benefits of real-time buying. Some of the new capabilities will include granular targeting, digital data to fuel panel buying decisions, rapid deployment/change of creative and flexibility in targeting an advertiser’s desired audience. In the second phase of the project, Cadreon will introduce panel audience and behavioural data from the panels.
“Creating a partnership with Cadreon, Site Tour and Brandscreen advances our group’s intentions to have programmatic buying across 50 per cent of our total spend by 2016. This development will also allow the OOH sector to compete for new digital dollars that have previously not been accessible to traditional OOH. We are looking forward to seeing how numbers from the first project stack up against other channels,” said IPG Mediabrands Australia’s Chief Investment Officer Victor Corones.
Brandscreen is a player in real-time media trading technology and Site Tour in programmatic OOH advertising. Various outdoor media owners and sellers such as Adshel, Westfield and Executive Channel have signed up for the first phase of the PDOH project, with others expected to join in the near future.
“This convergence represents a real evolution for both the digital and OOH industries. It is a step closer to replacing mass advertising with personalised communications that add value to people’s experiences and can continue unimpaired by location or screen. The real benefit for clients using PDOH is that they can reach people at their closest points of purchase, multiple times, on a date and time that fits clients’ marketing and business objectives,” said Marc Lomas, Managing Director, Cadreon Australia
He explained that the new project can also deliver customised messaging that can change through a 24-hour period to complement the nature of customer traffic passing each individual digital panel. He said, “Just as we are used to watching customised content on our four screens – cinema, TV, desktop and mobile – PDOH becomes a fifth and distinctive screen with the advent of programmatic out-of-home delivery.”