Rise of the Data Economy

Death of the Impression, Rise of the Data Economy

The promise of digital display advertising has always been that it would allow marketers to put the right message in front of the right customer at the right moment.  So what makes the ad valuable?  As ads generate more data, their values increase; every bit of data has value.

“It is about data… data in ways we have never before fathomed.  The future of advertising is not about social, not about viral videos, not about mobile, not about any new medium or any new ad unit– but about data.  Those who know what to do with this will be the new king makers, the new rulers of Madison Avenue — or the new creators of a new Avenue of media.” Michael D. Andrew, Director of Search and Analytics at Mediasmith

In the future, data will assist advertisers in devising more effective, efficient marketing campaigns.  Marketers that understand technology will utilize it to reach their target consumers.  In turn, advertisements will become more focused.  Marketers will feel empowered to make more informed decisions on the most beneficial platform to use to engage their consumers.