search

Weekly Digital Breakdown

Snapchat Develops Its Own Mobile Network

Snapchat made a big announcement on Thursday about plans for a Snap Audience Network, its own mobile ad platform with targeting across various apps.  The initial launch will be strictly for iOS devices and will extend to Android at a later date.

There are still questions surrounding how this will operate as compared to similar networks.  However it’s projected to compete with Facebook, LinkedIn and Google with the added unique ability for app developers to utilize Snapchat’s same full-screen, vertical video ad format.

The announcement didn’t come with much detail, but it appears to be an effort by the company to help boost it’s own advertising agenda to partner with more agencies and businesses. While there are still a number of unknowns with this new platform, it will be interesting to see Snapchat competes with other social networks and what differentiates them in the space.

https://www.adweek.com/digital/snap-announces-plans-to-build-its-own-mobile-ad-network-to-connect-with-its-audience/

Facebook Exposed for Storing User Data on Public Amazon Cloud Servers

Cybersecurity firm, Upguard, uncovered more than 540 million Facebook user files stored on a public Amazon cloud server this week. Information included user actions on the site, comments and Facebook IDs, all of which were accessible on the server for public download despite profile settings.  Once alerted, Facebook immediately worked with Amazon to take down the database, but cannot verify how this may impact users.

While Facebook policies prohibit user data being stored on unsecure servers, this news adds to the growing data privacy concerns with the platform. After last year’s news that millions of user’s data had been misused by Cambridge Analytica, Facebook audited thousands of third-party data apps and suspended those who were mishandling. Despite continued efforts to protect user data, it appears the extent of the problem may not be fully known at this point.

https://www.bloomberg.com/news/articles/2019-04-03/millions-of-facebook-records-found-on-amazon-cloud-servers

Amazon Alexa Advances Healthcare Services

Amazon Alexa users can now utilize the smart speaker for healthcare information with its recently released HIPAA compliant skills.  Users can leverage the technology to manage healthcare needs such as booking appointments, checking a prescription status or accessing stored medical information such as ongoing glucose readings.  The skills are currently only accessible through select partnerships but will expand based on user adoption.

With the launch, some entities are unveiling HIPAA-compliant skills specific to their own recently discharged patients.  Boston Children’s released a skill known as “ERAS” which allows patients and caregivers to ask questions specific to recent patient care records and allows doctors the ability to follow up with patients remotely.

While data privacy remains a huge concern for patients, Amazon confirms data is encrypted and securely stored in addition to the strict guidelines HIPAA puts in place for patient protection.  This announcement is a major advancement in the evolution of remote patient care.

https://techcrunch.com/2019/04/04/amazon-alexa-launches-its-first-hipaa-compliant-medical-skills/

Proof Positive: Adtaxi’s ‘QUANTUM’ Significantly Boosts Campaign Performance

 

 

—Revamped Adtaxi.com Unveils Data on Recently Launched Optimization Engine—

DENVER (June 18, 2018)—Adtaxi—one of the nation’s fastest-growing digital marketing agencies—today launched its new company website. The revamped Adtaxi.com features a total redesign, interactive content, educational resources and a full report detailing the highly anticipated results of its performance assessment of Quantum, the company’s new optimization algorithm. Data revealed considerable gains when evaluating cost per action (CPA) of Quantum-powered campaigns against non-Quantum campaigns.

“When developing Quantum, we knew the technology would provide a cutting-edge option for advertisers that yielded unparalleled results—and now we have the numbers to prove it,” said Chris Loretto, EVP of Adtaxi. “Our goal since day one has been to provide superior value for our partners across a broad range of industries by delivering top-quality performance that in turn boosts sales. Quantum’s demonstrated success reflects this mission, and we are eager to share its benefits on our new and improved website.”

For the analysis, insights were derived from thousands of Quantum and non-Quantum campaigns across Social and Programmatic RTB, broken out by Auto and Ecommerce. Below are some of the key results: 

Social - Facebook

●      Quantum campaigns reduce the average CPA by 18% over non-Quantum campaigns

●      Automotive campaigns perform 34% better with Quantum for Social vs. non-Quantum for CPA

 

Programmatic RTB

●      Quantum for Native shows a 38% reduction in CPA over non-Quantum campaigns

●      Quantum for Pre-Roll shows a 55% improvement in CPA over non-Quantum campaigns

●      Automotive campaigns realize a 33% decrease in CPA with Quantum

●      Ecommerce campaigns see a 41% reduction in CPA with Quantum

“Applying Quantum to our digital advertising efforts has significantly increased performance metrics,” said Sal Gonzales, Owner, Volvo of Culver City. “Soon after launching our campaigns with the new platform, we noticed a sizeable uptick in sales numbers—propelling the dealership to not only meet, but exceed our quarterly goals. Maximizing efficiencies in advertising is a huge win for us.”

Launched in early April, Quantum is the next evolution of Adtaxi’s proprietary platform, Magellan. The new algorithm leverages machine learning to drive cross-channel optimizations and deliver exceptional performance. All the same powerful single-platform optimization capabilities of Magellan remain available with Quantum—now with the addition of a true digital omnichannel solution. First offering the omnichannel capability to Auto advertisers, Adtaxi plans to expand to Ecommerce and additional categories in the near future.

Meet Quantum

shutterstock_714159736 (1).jpg

Today, at Adtaxi, we are so excited to announce the launch of our brand-new omnichannel optimization platform, Quantum. Leveraging the power of machine learning, this innovative algorithm drives cross-channel optimizations to deliver superior performance for our digital advertisers.

“The name ‘Quantum’ represents the individual building blocks that feed into how we optimize campaigns—each one unique and customized to the advertiser,” said Chris Loretto, EVP of Adtaxi. “We understand how the most granular pieces of data work together to impact overall success, and driven by this concept, the new algorithm will enhance performance to provide even greater value for advertisers.”

Quantum is the next evolution of our original optimization platform, Magellan, launched in 2015, out of a challenge to prove that display could sell products efficiently and cost-effectively. A differentiator in the digital space, Magellan is a technology set apart by its ability to find efficiencies in the bidding process, dynamically maximize marketers’ budgets across digital campaigns, drive conversions over clicks, as well as lower the cost of conversions over time. Based on the success we saw early on with Magellan for display, we adapted the platform to work within social, video and native channels - and optimize to KPIs that made sense for those channels.

In 2017, a new challenge arose: can we drive even greater value for our advertisers by optimizing across all platforms, instead of within? And, what if it also included Search? This is how Quantum was born. In order for Magellan to evolve, we needed to break it down and build it back up again. Quantum has the building blocks to be smarter, to be more flexible, to allow for greater utility, and to generate better performance for our clients.

All the same powerful capabilities of Magellan exist with Quantum - now with the addition of a true digital omnichannel solution for advertisers. First offering Quantum’s omnichannel solution to automotive advertisers, Adtaxi plans to expand the platform to ecommerce and additional campaign categories in the near future. Already, the technology has yielded impressive results for dealers.

“By using an omnichannel approach, we have experienced firsthand the power of multiple platforms harmoniously working together to drive traffic,” said Shane Fouch, General Sales Manager of Byers VW and Byers Subaru in Columbus, Ohio. “Since launching a campaign with Quantum, we have seen a considerable uptick in digital conversions, leading to more visitors walking through the door of our dealership—all resulting in higher sales numbers - and our best January ever.”