Home Ad Exchange News Pritchard’s Latest Progress At P&G; Bank of America Names Brand Safety Officer

Pritchard’s Latest Progress At P&G; Bank of America Names Brand Safety Officer

SHARE:

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here.

“Less Doing More”

In a speech at the ANA Media Conference, Chief Brand Officer Marc Pritchard shared new details on Procter & Gamble’s ongoing marketing revamp, which involved significant spending cuts with “several big players” by 20% to 50%. “We took more control, and what do you know, we reduced media waste by 20% and increased media reach by 10%,” he said, according to a transcript of his prepared remarks. It’s an approach P&G calls “less doing more.” P&G also wants agencies to recombine their creative and media offerings. To that end, Publicis paired its Saatchi & Saatchi creative group with media buying for the P&G baby care brand Pampers in the UK. The Wall Street Journal has more.

Mean Streets Of Programmatic

Bank of America created the role of “brand safety officer” to monitor the company’s online media spend, according to The Drum. Senior VP Lou Paskalis, speaking at Mobile World Congress in Barcelona, said, “It is a function of the marketer to hold to account the individual platforms to get better. To make more relevant experiences, we require high-quality and pristine data, and if so much of that data is co-opted because it is non-human traffic or agenda-driven, I am not getting the best signal.” More.

Log Me In, Scotty

AT&T, Sprint, Verizon and T-Mobile have revealed more details about the Mobile Authentication Taskforce, an initiative the four telcos announced in June to help users manage passwords across apps. At Mobile World Congress, the telcos said they plan to launch a platform this year to manage passwords with a verified phone number tied to a unique Device ID profile. The profile, which includes mobile phone number, IP address, SIM card attributes, account type and more, will only be accessible to select apps. The solution should “decrease fraud and identity theft, and increase trust in online transactions,” according to the GSM Association, a trade body for mobile operators. More.

The Carrot And The Stick

In December, Google announced a change to a 15-year-old AdWords program that provides $10,000 each in annual ad credits to 35,000 nonprofits. Starting this month, nonprofits that receive clicks on fewer than 5% of their ads will have the grants pulled. “Despite rushing to comply, several [nonprofits] said they could not do so in only two months and that their accounts may not get funded for March,” reports Reuters. A Google spokesperson says the company “revised our Ad Grants policies to help nonprofits be more effective with AdWords and improve the quality of their ads, which will lead to targeted awareness of their projects and mission.” More.

But Wait, There’s More!

You’re Hired!

Must Read

Lionsgate Enters The Ads Biz With An Exclusive Ad Server

The film and TV studio Lionsgate has chosen Comcast’s FreeWheel as its exclusive ad server to help manage and sell the growing volume of ad inventory Lionsgate creates with new FAST channels.

Layoffs

The Trade Desk Lays Off Staff One Year After Its Last Major Reorg

The Trade Desk is cutting its workforce. A company spokesperson confirmed the news with AdExchanger. The layoffs affect less than 1% of the company.

A Co-Founder Of DraftKings Wants To Help Creators Monetize Content

One of the DraftKings founders now leads HardScope, parent of FaZe Clan, aiming to bring FaZe’s content and distribution magic to creators beyond gaming.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

APIs Have Had Their Moment, But MCPs Reign Supreme In The Agentic Era

On Tuesday, Infillion launched fully agentic media execution platform built on MCP, marking a shift from the programmatic to the agentic era.

Albertsons Launches New Off-Site Click-to-Cart Tech

The grocery chain Albertson’s is trying to reduce the time and number of clicks it takes to add an item to an online shopping cart. It’s new click-to-cart product should help.

Pinterest Acquires CTV Startup TvScientific (Didn’t CTV That Coming)

Looks like Pinterest has its eyes – or its pins, rather – fixed on connected TV.