The Future of Automated Advertising

Oct 20, 2024

Lecture on Autonomous Advertising and the Digital Revolution

Introduction

  • Digital revolution promises freeing from repetitive tasks.
  • Computers and software aimed to enable more creative work.
  • Innovation in programmatic advertising seeks to fulfill this promise.

Current State of Programmatic Advertising

  • Programmatic advertising is complex and growing more so.
  • Complexity increases with the growth of the metaverse.
  • It involves:
    • Millions of websites and apps
    • Numerous streaming channels
    • Hundreds of thousands of audience segments
  • Current ecosystem is overwhelming for manual handling.

Autonomous Advertising

  • Concept:
    • Similar to a self-driving car.
    • Users input a budget and expected return on ad spend.
    • The system handles setup, monitoring, and optimization.
    • Aims to simplify buying, reduce labor, and improve results.
  • Benefits:
    • Frees marketers from mundane tasks.
    • Encourages creative and experimental marketing ideas.
    • Introduces marketers to new audience segments.
    • Enhances media planning with AI insights.

Technology Behind Autonomous Advertising

  • Combines machine learning and AI for predictive intelligence.
  • Machine learning addresses fraud and viewability issues.
  • People-Based Identity Resolution:
    • Foundational technology for accurate targeting.
    • Enables measuring in-store and e-commerce transactions.
    • Provides persistent, accurate datasets.
    • Supports decentralized and fragmented media future.
  • Viant’s Adelphic DSP:
    • Automates ad delivery for maximum return on ad spend.
    • Closed-loop system attributes sales to media exposure.

Future Implications

  • Autonomous advertising as an AI analyst assisting marketers.
    • Uncovers patterns and trends.
    • Aids in faster decision-making.
  • Provides better returns at lower costs.
  • Allows creative growth with speed and agility.
  • Promises a more efficient, transparent, and effective future for the web.