Retailer Target Makes First Self-Serve Programmatic Buy at NBCU
NBCUniversal said it is selling some of its national TV commercial inventory using a self-serve programmatic platform and that retail chain Target has made the initial buy.
The programmatic platform uses technology and data from 4C to target audiences for ad campaigns.
NBCU also makes some of its inventory available via programmatic to buyers using AOL, TubeMogul and Videology.
“This is a watershed moment for advertisers, who have been looking for a way to unlock the power of first-party data in television,” said Kristi Argyilan, senior vice president of marketing for Target. “Through programmatic ad buying, NBCUniversal is giving us the opportunity to apply better data to our TV decisions and choose the programming that resonates most strongly with our guests.
NBCU is the first to use 4C to create a private marketplace within linear TV.
"We’re proud to power NBCU as it breaks new ground within the media industry,” said Lance Neuhauser, chief executive officer at 4C. “Target is a highly innovative brand, and its marketing team is always pushing the envelope to deliver a better guest experience, so we can think of no better launch partner for this new solution.”
(By Ser Amantio di Nicolao (Own work) [CC BY-SA 3.0], via Wikimedia Commons)
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.