Media Agency co-founder, ex-agency CEO, Founder at Encyclomedia International, Non-Exec Chairman, Media Marketing Compliance, Adtech advisor, commentator, investor, writer
We're in the countdown phase to ProcureCon Europe Series in London on June 4th and 5th. Media Procurement is now a vital discipline within advertisers, especially with channels such as Retail Media, Digital Commerce and Connected TV exploding. These present new opportunities and risks that Procurement can help manage. All three revolve around the use of consumer data to improve effectiveness and its measurement. So new ways to manage data are required alongside the financial considerations that preoccupy Procurement. Media Procurement needs to help achieve positive outcomes not just 'savings' or 'value'. Advertisers are buying the media, not just the infrastructure around it. So more focus on what good media looks like is needed. These matters were explored in depth at last month's Marketing Procurement iQ conference in London. In two articles I outline the big themes discussed at the conference and the solutions. Here is Part One. https://lnkd.in/esbCjv6T
With retail media, and retailER media touchpoint we see the northern star of media moving away from top line revenue growth to profit generation and therefore procurement needs to be involved !
Group Director, Digital @ Ebiquity | Author of ADLINGO.org
1moLooks like it is shaping up to be an Ebiquity alumni reunion.