What is a CMP?

CMP is the hot adtech acronym of 2018. There are actually two meanings to this term: (1) Creative Management Platform and (2) Consent Management Platform. Here’s an overview of both these products and why you may need one.

Creative Management Platform

Introduced in 2016 by Thunder, the CMP acronym original stood for “creative management platform,” a tool for producing and trafficking ad creatives. Rather than just a general purpose creative editor like Adobe Photoshop or Animate, which are applications built for a single designer to use by him or herself, CMPs are meant for an enterprise that has a scale issue with creative.

Many brands, agencies and publishers are increasingly needing to build ads in different sizes and versions for different audiences and media formats. Consequently, creative production demands have grown exponentially while most creative organizations can only scale linearly in their capability by adding more designers and programmers. Because traditional creative editors were built for highly advanced users, a creative bottleneck formed as demand went up and not enough talent or payroll existed to fill the void.

Creative Management Platforms radically simplified ad production by providing easier interfaces and automated production tasks like re-sizing. Forrester began recognizing CMPs in 2017 as part of their broader creative ad tech research which has been timed with the rise in enterprise demand for new marketing creative technologies.

Consent Management Platform

Introduced in 2018, the new CMP acronym stands for “consent management platform.” The European privacy laws known as GDPR required publishers and marketers to obtain explicit consent for certain tracking and targeting data. As a result, a new category of tools emerged to specifically help these enterprises collect and keep track of user consent.

The CMP then feeds that consent information tied to an ID to other selected partners in the digital advertising supply chain. As a result, every party in a publisher’s supply chain understands what data they may use and for what.

Which CMP do I need?

It depends if you’re looking to solve a creative problem or a data privacy problem. Talk to Thunder if you need help with your data-driven creative problems or digital creative production problems. Check out these consent management vendors if you’re looking to solve a privacy preference problem.

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Panel discussion at OMMA Programmatic –  Can Robots Fix Programmatic Creative?

Thunder CEO Victor Wong had the pleasure of sitting in on a panel about programmatic creative at this year’s OMMA Programmatic event.

“Less than 1/3rd of online users today feel that internet advertising is relevant to them.

“Through programmatic creative and using data, if we can bring that up to 50%, that’s going to lead to hugely impactful outcomes for our clients and hopefully cut down on ad blocking and improve the way people perceive advertising in the future,” said Andrew Sandoval, Director, Biddable Media at The Media Kitchen in an opening statement.

Watch the video recording:

Below is a summary version of the main takeaways from the talk.

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What is the difference between dynamic creative and data-driven creative?

dynamic creative vs data-driven creative

Dynamic creatives are ads that can change content on the fly at any time.

Data-driven creatives use information about a customer to inform creative messaging.

Thus, a creative can be dynamic and data-driven if the same creative puts content in the ad that can be changed at any time, AND the content was chosen is based on data.

A creative may be dynamic but not data-driven if it simply changes content without regard to who the targeted user is.

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Where Next? Finding Flite Alternatives and Competitors After the CMP Shutdown

Flite alternatives and competitors

Snap’s acquisition of Flite last December led to all Flite ads going dark, leaving some advertisers scrambling to evaluate Flite alternatives and competitors. Although Flite’s website remains online, the creative management platform (CMP) has closed its doors for good.

Ad tech is often considered an area that is oversaturated with similar technologies, and many view Flite’s exit as a positive step for the industry overall. 

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What is Programmatic Creative? – Definition and Tactics

Thunder Creative Management Platform (CMP) designer
Above: Design work being done in Thunder Creative Management Platform

This article is continuously updated to reflect how programmatic creative is evolving.

Programmatic creative enables data-informed, software-assisted creative executions that deliver on the promise of modern digital marketing.

The purpose of programmatic creative is to harness the data that we’re spending billions of dollars to leverage in advertising and activate it to create a more successful execution—one that captures attention and increases campaign results. Studies suggest optimized creative can routinely boost performance by 30-50%, often more.

So to attract eyeballs, programmatic creative is solving the production and creative management challenges in producing a large volume of ads, thereby enabling messages to be hyper-relevant. Rather than showing a generalized creative, these new technologies allow the experience to be specifically tailored and customized to the viewer.

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Programmatic Creative vs. Dynamic Creative Optimization (DCO)

programmatic creative vs. dynamic creative optimization

This post is continuously updated to reflect how programmatic creative and dynamic creative optimization (DCO) are evolving.

When people think of the relationship of programmatic creative vs. DCO, a common misunderstanding is that dynamic creative optimization and programmatic creative are different technologies.

One term is actually a subset of the other. DCO is a form of programmatic creative.

While DCO falls under the programmatic creative umbrella, but it’s not the only way to build creatives that activate the 6+ billion dollars of data in contained in programmatic media.

To illustrate this idea, let’s start with a definition of programmatic creative.

Programmatic Creative Definition

Programmatic creative refers to the set of advertising technologies that add speed, scale, and automation to the creative process. This covers ad production, dynamic ads, and creative optimization.

Programmatic media has unlocked tremendous potential in how we tell stories in paid media online. The purpose of programmatic creative is to enable data and creativity to come together to tell brand stories in a more resonant and effective way than ever before.

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Video: What Data-Driven Creative Means For The Future Of Advertising

Though $6 billion is invested in targeting technologies like Demand Side Platforms (DSPs) and Data Management Platforms (DMPs), programmatic advertisers have not successfully delivered the right message for the right audience.

In order to build long-term relationships, drive brand loyalty and long-term advocacy, advertisers must provide personalized messages that truly resonate with customers.

In this video, learn about how your organization can achieve data-driven creative by activating both data and technology investments.

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What Data-Driven Creative Means For The Future Of Advertising

data-driven advertising future

With over $20 billion being spent globally in programmatic advertising, data-driven creative (or programmatic creative) poses a tremendous opportunity for marketers to reach and engage potential customers.

Though 30%, or $6 billion, of this programmatic spend is invested in targeting technologies like Demand-Side Platforms (DSPs) and Data Management Platforms (DMPs), brands and advertisers have not yet successfully delivered on the promise of the right message for the right audience.

In fact, according to research by AppNexus, up to 97% of programmatic campaigns lack a targeted creative for each audience segment.activate dsp dmp data

This means that once the ad has successfully reached their potential customers, a majority of creatives are generic and untailored. Brands and advertisers need to combat this $6 billion waste by activating their data and delivering personalized messages that truly resonate with customers.

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Define Programmatic Advertising – Concept Breakdown and Insider Tactics

Define Programmatic Advertising

Programmatic advertising has been one of the most transformative advancements in marketing. It has also been one of the biggest disruptors to the ad-powered internet.

Now a dominant way to sell and purchase media, programmatic advertising is expected to rise to encompass 58% of all ad spend on digital display this year. The US is the strongest programmatic market, accounting for 62% of all global programmatic ad spend.

But what exactly is programmatic?

Here’s how we define programmatic advertising.

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What is People-First Marketing?

what is people first marketing

People-first marketing is both an approach and a set of marketing strategies that focus on personalizing customer touchpoints across channels to drive engagement and maximize campaign performance.

The proliferation of digital channels, devices, and platforms have led to a vast shift in consumer behavior and expectations. Gone are the days where advertisers can mass send out generic marketing messages aimed at everyone–which in reality, cater to no one.

Consumers have gained more control over their own journey to purchase, which means brands and advertisers need to do a better job of identifying and reaching the right audience at the right moment. Understanding who your specific target audiences are, as well as their needs, wants, and pain points help put each customer at the forefront of your marketing strategy.

Targeting the right audience, however, is just one part of the equation.

Executing a people-first strategy also means understanding how to capture your audience’s attention with the right message. To activate the $6 billion dollars spent on targeting technologies like DSPs and DMPs, brands and advertisers need to focus on delivering a personalized message that captures their audience’s attention at the right time in their customer journey. Delivering a personalized creative is key to truly engaging consumers, instead of just marketing to them.

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7 Ingredients For The Perfect Programmatic Creative Management Platform

7 Key Ingredients For A Creative Management Platform

The main concepts of advertising have been around for over a century, but the emergence of programmatic creative and the creative management platform (CMP) is a phenomenon that is much newer.

A number of companies have seen incredible results from creative management platforms, including Anheuser-Busch, the biggest brewer in the world, and Intercontinental Hotels Group (IHG), the second-biggest hospitality company in the world.

Programmatic creative technologies combine well with programmatic buying, data management platforms (DMPs) and demand-side platforms (DSPs). In this ad tech stack arrangement, the CMP is the creative arm of a data-driven campaign strategy.

We’re going to explore seven ingredients that can make up the perfect creative management platform that aligns with your programmatic creative strategy. If you’re still learning about what a CMP is, check out the video below before you review the list.

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The 2017 the Ad Creative Landscape for Programmatic

Ad Creative Landscape - 2017 (Thunder)

In 2017, US programmatic digital display ad spending will reach $27.47 billion, with programmatic representing 72% of the total spend in the category. Mobile is driving a significant portion of programmatic growth.

The lion’s share of display ad inventory will be a combination of rich audience data, targeting and placement.

How will the ads that align with these programmatic buys come into being? What tools are services are used to source the ad content and personalize the ads? Once built, how will the ad performance optimized?

To answer these questions we created the Ad Creative Landscape in 2014, now updated for 2017. Inspired by the Display Ad Lumascape, this graphic summarizes many key players and services in the display ad creation process.

Here’s a breakdown of the main components.

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Research: Programmatic Creative Industry Report

Programmatic advertising enables digital marketers to reach the right audience at the right time more quickly and efficiently than ever before. Advertisers have heavily focused on who they’re delivering the message to and how they’re delivering it, but what about the actual content they’re delivering?

Is the creative falling behind in this programmatic revolution?

Last year, Thunder teamed up with Digiday Content Studio to research the creative needs of brands, agencies and publishers. Watch this video to learn the top findings from this report.

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How To Overcome 80% Of Your Programmatic Creative Challenges

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Image Source: ‘Everything was easier at the beginning’: Marketers vent programmatic frustration – Digiday

At this year’s Digiday Programmatic Summit, participants were asked to jot down their greatest challenges in programmatic advertising. The response was enlightening.

Here’s the breakdown of top programmatic challenges:

  • Telling the difference between vendors (30%)
  • Reconciling creative and programmatic (30%)
  • Time required to improve campaign performance vs. client’s budget (10%)
  • Cracking data budget (10%)
  • Duplication of audiences (10%)
  • Managing campaign cost (5%)
  • Terminology discrepancies between digital and TV departments (5%)

Normally on this blog we try to not talk too much about Thunder. But today I’d like to address these challenges, and show you how Thunder is working everyday to help you overcome them.

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Rich Media Advertising: Who’s Killing It And Why

Who is killing rich media advertising

The writing’s on the wall for rich media advertising as we know it today.

When it debuted, the rich functionality in rich media advertising was seen as a victory. At first it was animation, but then interactive elements became available. Banners could play videos, pop over your screen and expand over content.

The vision behind rich media advertising was admirable: make ads that people want to interact with. But it turned out to be a bait and switch.

Instead of endearing consumers to ads, these formats did the opposite. They pestered users with unwanted pop ups, aggravating expansions, and startling autoplay video with audio. They “politely” loaded megabyte after megabyte on people’s mobile data plans. They intruded at every opportunity because of marginal gains in CTR.

As the ad industry transforms, rich media is on the chopping block. Here are the top 5 attackers.

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Thunder September Press & News Roundup

thunder creative management platform press

To successfully execute cross-platform digital campaigns, different creative messages and variations must be produced to target different audience segments. Yet, two of the industry’s biggest players are falling short of meeting those needs. CEO Victor Wong writes on iMedia discussing how Google and Adobe are failing brand marketers.

Though brands and advertisers have done an excellent job effectively reaching the right people at the right time, most campaigns fail to deliver the right message. In The Makegood’s People of Ad Tech interview, Bill Brazell, WIT Strategy Partner, interviews Victor Wong to discuss why the real problem is the widespread failure to customize ads.

Lastly, Thunder teamed up with its global DSP and programmatic exchange partners to conduct a study on viewability and load times. After studying billions of impressions, they discovered that beyond simply improving the ad experiences for consumers, faster load times dramatically affect viewability rates.

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11 Design Tips To Optimize Facebook Ads

Design tips to optimize Facebook ads

With creative being the biggest driver of performance on Facebook, leveraging the right tactics to optimize Facebook ads is essential to the success of the campaign.

An effective ad not only increases engagement from potential customers, but also boosts your overall ROI. More importantly, testing different elements over time will allow you to keep your creatives fresh and improve the results of your Facebook ads.

Below are 11 best practices to optimize your Facebook ads and videos.

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