Home Ad Exchange News WPP’s Possible Acqui-Hired Marketplace Ignition; Top TV Ad Sales Positions Are Being Filled

WPP’s Possible Acqui-Hired Marketplace Ignition; Top TV Ad Sales Positions Are Being Filled

SHARE:

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

Mission Possible

WPP’s Possible has acqui-hired Marketplace Ignition, a consulting firm that helps clients like Hallmark Cards develop ecommerce strategies specifically for Amazon. As Amazon becomes an increasingly dominating force in advertising, CPG marketers want to capitalize on the platform rather than fight its growth. “In the last 18 months, consumer packaged-goods companies have become less fearful of channel conflict and begun to get more aggressive at selling directly through Amazon,” said Possible CEO Shane Atchison. With Marketplace Ignition, Possible will gain 35 employees with direct expertise in all things Amazon, from developing the packaging and advertising brands place on the site to search optimization. More at WSJ.

Network Effects

Top TV ad sales offices are filling up as the upfront season looms. Comcast promoted Marcien Jenckes to president of advertising last week, and Fox News this week poached former NBC ad exec Marianne Gambelli to be president of ad sales, Variety reports. Some broadcasters waited to place leaders atop their advertising divisions over concerns that a chief ad sales executive may not even be necessary anymore. But with buyers pushing for point people who can confirm deals, that wait-and-see period appears to have run its course.

Purchase Pintent

Pinterest added a feature that identifies real-world objects via smartphone camera, making it easier theoretically, at least to surface items that better match a person’s intent. For marketers, who like Pinterest for its unique position in the shopper journey, the feature brings them closer to the bottom of the funnel without interrupting user experience. It’s not hard to see the downstream paid media opportunities in the form of “related products.” As Matthew Lynley writes for TechCrunch, Pinterest “helps its partners track … users throughout the buying cycle, eventually trying to point them to an end-product they may want to purchase.”  More.

Creative Destruction

A panel last week meant to feature three brand creative chiefs had a wrench tossed in the gears when two CCOs (Tom Nowak of Best Buy and Michael Fanuele of General Mills) stepped down from their positions. “As brands struggle for a balance between science and creativity – and manage costs accordingly – brand innovation jobs are in an uncertain place,” writes Adrianne Pasquarelli at Ad Age. Nowak says “The modern CMO has to be so focused on technology, data and analytics so most CMOs — with all the things they need to know now from a tech standpoint – have even less time than they used to have [to devote to creative and design].” More.

But Wait, There’s More!

You’re Hired!

Must Read

Google Ads Will Now Use A Trusted Execution Environment By Default

Confidential matching uses a TEE built on Google Cloud infrastructure to create an isolated computing environment for ad targeting and measurement. It will now be the default setting for all uses of advertiser first-party data in Customer Match.

In 2019, Google moved to a first-price auction and also ceded its last look advantage in AdX, in part because it had to. Most exchanges had already moved to first price.

Unraveling The Mystery Of PubMatic’s $5 Million Loss From A “First-Price Auction Switch”

PubMatic’s $5 million loss from DV360’s bidding algorithm fix earlier this year suggests second-price auctions aren’t completely a thing of the past.

A comic version of former News Corp executive Stephanie Layser in the courtroom for the DOJ's ad tech-focused trial against Google in Virginia.

The DOJ vs. Google, Day Two: Tales From The Underbelly Of Ad Tech

Day Two of the Google antitrust trial in Alexandria, Virginia on Tuesday was just as intensely focused on the intricacies of ad tech as on Day One.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
A comic depicting Judge Leonie Brinkema's view of the her courtroom where the DOJ vs. Google ad tech antitrust trial is about to begin. (Comic: Court Is In Session)

Your Day One Recap: DOJ vs. Google Goes Deep Into The Ad Tech Weeds

It’s not often one gets to hear sworn witnesses in federal court explain the intricacies of header bidding under oath. But that’s what happened during the first day of the Google ad tech-focused antitrust case in Virginia on Monday.

Comic: What Else? (Google, Jedi Blue, Project Bernanke)

Project Cheat Sheet: A Rundown On All Of Google’s Secret Internal Projects, As Revealed By The DOJ

What do Hercule Poirot, Ben Bernanke, Star Wars and C.S. Lewis have in common? If you’re an ad tech nerd, you’ll know the answer immediately.

shopping cart

The Wonderful Brand Discusses Testing OOH And Online Snack Competition

Wonderful hadn’t done an out-of-home (OOH) marketing push in more than 15 years. That is, until a week ago, when it began a campaign across six major markets to promote its new no-shell pistachio packs.