To further strengthen its ad targeting capabilities, Drawbridge joined forces with eXelate, which collects household demographics, purchase intent and behavioral data points from a pool of 700 million consumers through proprietary sources and partnerships with Nielsen, MasterCard, Bizo and other companies. eXelate, for example, can tell marketers which of their customers are most likely to be interested in buying a new car or planning a family vacation.
By teaming up with eXelate, Drawbridge has expanded its segmenting capabilities from 800 groups to 8,000. In return, eXelate can apply its audience targeting capabilities to mobile ads. The enhanced offering has been in testing with several customers andis generally available starting today.
“Our customers will benefit by having more precise targeting, and we benefit by having happier customers that want to do more campaigns with us,” said Eric Rosenblum, VP of Product for Drawbridge. “This partnership makes the process of buying media in mobile more targeted.”
As consumers spend more time on mobile devices, advertisers continue to throw money at the channel. US mobile advertising spending grew 178% from $1.5 billion in 2011 to $4.1 billion last year, according to eMarketer, and spending is expected to rise another 77.3% to $7.29 billion this year. In four years, US advertisers are expected to devote $27.1 billion to mobile — approximately 45% of all digital ad spending and 13.8% of total media ad spending that year.