The stats around how critical the audio market is to marketers continued to pour in through 2019. From the rocketship that is podcasting to the fact that audio accounts for the majority of adult time spent on mobile, last year’s message was clear: build a solid strategy for audio or squander a tremendous opportunity to influence customers in the most culturally-relevant way possible.
2020 is the year that we take that message to the next level.
With the urgency established, marketers now need clear guidance on what exactly to do to maximize the opportunity — a “map of winning the audio renaissance,” if you will. We’re building a lot into the Veritonic audio intelligence platform to give marketers that holistic guidance in one place and help bring that promise to fruition.
Today, we’re proud to announce one of the first and most critical pieces: attribution data will now be available in the Veritonic platform. Flagship partners include LeadsRx, specializing in radio and TV attribution, and Podsights, specializing in podcasts.
Attribution data, as most of you probably know, guides marketers on the best way to optimize their campaigns once they’re out by homing in on which parts are most responsible for driving desired results (site visits, conversions, sales, etc.), and why.
So let’s say you’re a sneaker brand advertising on podcasts that’s trying to drive a special offer for show listeners. And your attribution data proves that your midroll ads targeted to shows with high listenership among urban moms are driving the most sales. So yeah — you build up that end of your campaign.
Audio creative data, foundational in the Veritonic platform, focuses on optimizing creative pre-launch, allowing marketers to determine which audio ads — or parts thereof — are most memorable, emotionally resonant, engaging, and likely to drive sales.
This data can tell your sneaker brand — before the ad even goes out — things like how it scores relative to other ads like it, the optimal voice or script to leverage, where to place a brand mention, and much more.
Tie both datasets together and what do you get? We like to call it “full-flight optimization” — clear direction on how to capitalize on what works the best across the entire campaign lifecycle, all in one place.
The value doesn’t end there. Marketers are clamoring for modern analytics platforms. As we’ve discussed a lot, predictions on what drives the best results need to be smarter and come faster. Tying attribution data (the factors that drive a conversion) back to a particular piece of audio creative helps our platform predict how effective that kind of creative will be. And smarter predictions breed faster, more reliable insights.
So big thanks to our friends at LeadsRx and Podsights for helping us fulfill the promise of fast, comprehensive audio guidance for marketers in 2020. We’re rapidly filling in the map, making the path to deeper connections with people through sound clear and easy.
To learn more about the integration of attribution into the Veritonic platform, contact us.