Home Data Beyond Paid Media: Weather Co. Rolls Out Journey FX Data Offering With A Boost From IBM

Beyond Paid Media: Weather Co. Rolls Out Journey FX Data Offering With A Boost From IBM

SHARE:

domvenutoThe Weather Co. is no novice at linking weather patterns to consumer actions like in-store purchases, but IBM is giving it some more juice.

The Weather Co. rolled out a tool called Journey FX on Thursday. The platform aims to help marketers move beyond one-off media buys to target more predictively against weather attributes and support its customers’ larger marketing goals.

For instance, someone may go to the gym or the office on a regular basis, but when it’s raining they may alter their pattern and visit a coffee shop instead.

“If we know that’s about to happen and we see those patterns, we can obviously be more predictive and get into, ‘What’s the best time to market to that consumer to influence a purchase decision the rest of the time?’” said Domenic Venuto, GM of the consumer division for The Weather Co.

Journey FX can provide the link between weather and other “passion points” or attributes, for instance, by identifying which teams clock the highest percentage of local fans during away games – an opportunity for travel marketers advertising during a football game, for example.

The ultimate goal is to drive business-level insights that go well beyond the existing Weather FX solution, which uses weather and location data primarily to support paid media activity to date. 

“The conversations we have with marketers now aren’t just about weather targeting,” Venuto said. “We’ve become much more consultative in the last six months since bringing the full force of IBM cognitive into media/marketing plans, but also building more of a logistics solution to solve business problems.”

Journey FX is available initially as a managed service. Weather Co. is simultaneously building out a non panel-based attribution tool to help marketers gauge in-store conversions based on digital ad exposures and vice versa.

To support its go-to-market, IBM Watson is on the hunt for agency and consultant partners to help push its AI-infused ad products.

For instance, GroupM’s MEC and Mindshare were early beta testers for the consumer-facing Watson Ads, while IBM and Havas partnered up on a division dedicated to AI activations called Havas Cognitive.

“I think [Weather] is another entry point [to the marketing office] for IBM,” Venuto said. “Then we extend across all other touch points, be it commerce or logistics. I’m excited we’re building solutions for the CMO.”

Must Read

Intent IQ Has Patents For Ad Tech’s Most Basic Functions – And It’s Not Afraid To Use Them

An unusual dilemma has programmatic vendors and ad tech platforms worried about a flurry of potential patent infringement suits.

TikTok Video For Open Web Publishers? Outbrain Built It.

Outbrain is trying to shed its chumbox rep by bringing social media-style vertical video to mobile publishers on the open web.

Billups Launches Attention Measurement For Out-Of-Home

Billups, a managed services agency that specializes in OOH, is making its attention measurement solution and a related analytics dashboard available for general use.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
US District Court for the Eastern District of Virginia, Alexandria

The Google Ad Tech Antitrust Case Is Over – And Here’s What’s Happening Next

Just three weeks after it began, the Google ad tech antitrust trial in Virginia is over. The court will now take a nearly two-month break before reconvening for closing arguments right before Thanksgiving.

Jounce Media's Chris Kane at Programmatic IO NY on Sept. 25, 2024.

The Bidstream Is A Duplicative, Chaotic Mess – But It Doesn’t Have To Be That Way

Publishers are initiating more and more auctions – but doesn’t mean DSPs are listening to more bids, according to Chris Kane.

Readers Are Flocking To Political News, Says WaPo – And Advertisers Are Missing Out

During certain periods this year, advertisers blocked more than 40% of The Washington Post’s inventory over brand safety concerns.