- The world’s largest ot-of-home media agency Kinetic Worldwide is launching its own programmatic buying solution beginning of next year: First markets will be the US and UK with the goal to establish a global network creating new industry standard.
Kinetic worldwide, the global leader in audience-based out-of-home (OOH) media and part of Group M, is developing a new way to plan and buy OOH. The industry evolves to a business model focused on consumer mindsets, not ad formats. Kinetic is now launching a programmatic offering for both static and digital out of home assets – set to launch Q1 2016 in the US and UK. With its programmatic platform, Kinetic aims to set a new industry standard by offering greater efficiency, more precise audience targeting and enhanced real-time optimization opportunities.
Kinetic is now pioneering a programmatic offering to provide a better way to measure against specific client goals, completely evolving the way OOH media is planned and optimized.
Implementing programmatic buying methodologies in OOH presents significant challenges due to its diverse array of non-digital media assets. This is the challenge Kinetic is meeting head-on, with a comprehensive programmatic solution that encompasses both static and digital out of home media.
“People often hear the word programmatic and think real-time bidding,” explains Paula Fernandez, Kinetic’s Global Head of Data, Tools, and Research. “But that’s only one color in the programmatic spectrum. We know we can’t limit our innovation in this area to digital when the majority of out of home assets around the world are currently static. That’s why we are implementing a variety of automation methods, so we can make buying the entire assortment of formats out of home media offers more efficient and effective. ”
Kinetic is developing a frictionless platform and are already working with a number of outdoor media partners globally to ensure smooth implementation and full buy-in from all relevant industry stakeholders.
Kinetic’s automation focus will enable its clients to get the best out of the out of home medium. By making the planning and activation process faster and more efficient, Kinetic will introduce new opportunities to creatively and strategically leverage real-time data to inform campaign content. The platform will also enable Kinetic to make greater use of client data, applying it to deliver more precise targeting of nuanced audience segments.
“By automating the transactional part of media buying, we enable our team to focus on what can never be automated: high-level strategy, creativity and client service,” says Mauricio Sabogal, Kinetic’s Global CEO. “Programmatic buying will allow us to get results for our clients in more efficient, more impactful ways.”
With offices in 32 countries, Kinetic is the global leader in understanding how brands connect with consumers’ lifestyles and the environments they engage with while they are away from home. Kinetic focuses on understanding consumers’ lifestyles and uses this insight to reach people in environments where they live, work and play through the strategic use of Out-of-Home media, place-based communications, brand experiences and mobile technologies.