- DOOH Community
- Posts
- DOOH Community Issue #2
DOOH Community Issue #2
๐ฐ This weeks issue of DOOH Community (18/07/2022)
DOOH Community is your weekly wrap-up of all things digital out-of-home, buckle up and let's get started!
This Weeks Top ANZ Stories ๐ฅ๐ฅ๐ฅ
Is Digital OOH Headed The Way Of Display Advertising? ๐ฎ
Source: WARC
Quick Breakdown:
The DOOH industry is starting to embrace programmatic advertising at an increasing rate worldwide - a similar thing happened to online display advertising
Thorndyke DOOH Verification State of the Nation report found that 16% of campaigns are over-delivered
Macro-economic factors and making advertisers rely and consider programmatic advertising, potentially causing the digital out-of-home space to become bumpy
It's important for advertisers to remember that programmatic may not be cheaper long term due to multiple layers taking a clip
"As the DOOH channel goes through the next phase of its digital transformation, the best approach for advertisers is to test and learn. Split your budget across direct and programmatic and see what works."
Our Thoughts:
We think Wilee is pretty spot on, as more and more companies realise buying OOH inventory can be done quickly and easily, more and more media owners will continue to support it.
It's also worth noting that Wilee did point out that there is still a place for sales reps, as unique and custom campaigns take a certain level of experience and knowledge to successfully plan and execute.
Cartology Acquires Shopper Media In $150m Deal ๐
Source: Mumbrella
Quick Breakdown:
Woolworths retail media business Cartology has agreed to acquire 100% of Shopper
Deal is reported to be a cash consideration of $150 million
Shopper currently have 2000 screens in over 400 shopping centres
Transaction is subject to ACCC approval and is expected to occur by the end of calendar year 2022
"Retail media is developing rapidly and is an important part of the evolution of Woolworths Group. Weโre excited about the opportunity to bring together the complementary capabilities of our retail media business, Cartology, with Shopperโs expertise in out-of-home media.โ
Our Thoughts:
This announcement is huge for a range of different industries and signals that retailers believe and see a future within the DOOH industry. It'll be exciting to see how Cartology and Shopper integrate and what the results are.
We're interested to see how other retailers respond to this and how the industry adapts to the explosion of DOOH usage in retail stores, the next few months should be interesting!
The Media Shop - 5 New Hires ๐
Source: Media Week
Quick Breakdown:
The Media Shop (TMS) has made 3 new hires and promoted 2 of their team
This organisation restructuring is due to the success of their IGNITE network deployment
250 screens have been successfully deployed
Another 250 waiting to be deployed nationally
Grant Kirkby - Head of sales in New South Wales and Queensland
Melanie Todd - Agency account manager
Daniel Hobbs - Senior agency account manager
Angelo Poli - Promoted to head of sales, Victoria
Eloise Tams - Promoted to head of operations
"As a critical step in our growth, itโs important we match their thinking with a team of diverse minds."
Our Thoughts:
It's no surprise to see TMS continue expanding their team, they've had great success with the deployment of the IGNITE network so far and growing their team is an indicator of future success.
Congratulations to Grant, Melanie, Daniel, Angelo & Eloise, you'll do great, we can't wait to see how the IGNITE network and the rest of the TMS portfolio grow with you all on board.
New CFO at oOh! ๐จโ๐ผ
Source: oOh Media!
Quick Breakdown:
oOh! Media's CFO Sheila Lines' replacement has been found in Chris Roberts, effective 1st August 2022
Christ Roberts is current the Commercial Finance Director and has previous experience as the acting CFO
Sheila Lines announced her leave back in March of this year and will continue to serve as a consultant until the 30th of September 2022 to ensure a frictionless transition
"Chrisโ appointment reflects the depth of talent within our organisation, and we are delighted to be able to promote from within the Company for such an important role."
Our Thoughts:
It's clear that Chris is the best person for the job, not only does he have experience in the financial industry, but also within the advertising industry. It's also worth noting that Chris is a Chartered Accountant and has an Executive MBA with the Australian Graduate School of Management.
Congratulations Chris, we're excited to see the changes you make and how you shape the future of oOh!
This Week's Top Global Stories ๐
Touchscreen Devices Make Up 36% of Digital Signage Revenue ๐ค
Source: Ken Park - LinkedIn
Quick Breakdown:
Biggest hardware revenue generator in digital signage is touchscreens (36%)
We're halfway through 2022, and the the total industry is estimated to be worth $18bn
LED video walls now make up 33% of the total revenue
This is mostly credited to the increase of retail self serve facilities
Our Thoughts:
It's interesting to see how the industry has changed and that touchscreens are such a large player in the hardware space. We're excited to see new networks and implementations as the DOOH industry continues to change.
Fix Your Peckers - UK Digital Billboards ๐ญ
Source: Campaign Live
Quick Breakdown:
Numen are continuing their "Fix Yours" campaign - aiming to normalising and remove taboo around erectile dysfunction
This campaign is running exclusive across Ocean Outdoor's network
The campaign makes use of audience data metrics and displays primarily when men are in the vicinity
Iconic sites include: Westfield London, Leicester Square, and Canary Wharf, and spans key cities including London, Birmingham, Liverpool, and Glasgow.
Our Thoughts:
This is a great campaign from both a creative and technological sense. Making use of external data is a great way to ensure Numen's messaging hits the correct audience, and the imagery and wordplay make the campaign stand out.
1 Billion Monthly Impressions Available Via LaunchPAD ๐คฏ
Source: Clear Channel
Quick Breakdown:
Clear Channel are one of Europes biggest programmatic DOOH media owners
There are over 11,000 screens available across all of Europe
LaunchPAD enables brands to achieve over 1 billion monthly impressions
LaunchPAD is connected to European inventory, planning, and industry data to and from Clear Channel and their partners (Hivestack & Broadsign)
"LaunchPAD allows us to combine the widespread presence and impact of Out of Home with the flexibility and creativity of digital media approaches"
Our Thoughts:
Clear Channel is one of the industry's biggest players, and they've got the numbers to back it up. It's great to see such a big name pushing and supporting the programmatic space, and we can only imagine what the next few years will look like for them.
The Trade Desk & Omnicom Media Group UK Partner With Talon Outdoor To Expand OOH Services ๐ค
Source: Digital Signage Today
Quick Breakdown:
This three way partnership will provide OMG UK's clients to combine online media activity with data-driven DOOH advertisements
Talon's data management platform (DMP), Ada, provides clients with audience insights based on behaviour, mobile location and points of interest
OMG UK will be the first media agency group to access this DOOH inventory, with other partners joining later this year
"We're entering an exciting new area of programmatic OOH, and this partnership signals an important step for all of our clients."
Our Thoughts:
This is a great relationship being forged, the industry has been promising easy omnichannel marketing including online and DOOH campaigns, but this is one of the first implementations we're seeing.
Hopefully this sets a trend and makes its way into a programmatic, all-in-one solution.
Featured Creative ๐จ๐ถ๐ฑ - Insure Your Happiness
This week's featured creative isn't anything groundbreaking, but who doesn't love a fun digital signage campaign that includes furry 4-legged friends?
ManyPets are a pet insurance company that took to the streets with digital billboards, encouraging viewers to insure the things that make their lives better.
Let us know if you've got any hot tips or scoops like these you want us to share with the DOOH Community
P.s - We're working on a referral program, keep your eyes peeled ๐