INNOVATION JAM 2
Virtual Reality, Internet of Things, Programmatic Advertising and Beacon Technology
Four consumer technologies are about to disrupt the way you think about digital marketing in 2016: virtual reality, the “Internet of Things” (IoT), programmatic advertising and beacon technology. In the very near future, these innovative technologies will dramatically transform how consumers experience a brand and its products and services.
Join us for a showcase event with the following experts who will demonstrate how these disruptive technologies could become game-changers in your industry:
The Internet of Things: Justin Grammens is a professor at the University of St. Thomas and founder of Recursive Awesome, an IoT consulting company. He will demonstrate how to enable richer experiences for your customers by leveraging hardware and software to decipher vast amounts of data and reveal insights and analytics to help you connect on a deeper level.
Virtual Reality and 360 Video: Chuck Olsen is an award-winning video and web producer, and co-founder of Visual, a virtual reality company that creates extraordinary engagement through the power of immersive video. Chuck will demonstrate how 360-degree video content distributed on desktop, mobile and VR can engage your audience like never before.
Programmatic Advertising: Ashley Evenson leads the programmatic advertising, ad technology, and programs at Ciceron, and has spent nearly 10 years in the digital media space. She will demonstrate why programmatic advertising needs to be an integral part of your marketing strategy in 2016 with solutions for video, display and mobile.
Beacon Technology: Kent Strand is Managing Partner of Accredent LLC – a Minneapolis-based strategy consulting firm specializing in the Internet of Things (IoT) and Data Analytics space. He will present Proximity Marketing with Beacons. This presentation will answer key questions such as: Why are marketers using beacons? What do proximity marketing campaigns look like? How can proximity fit into a company’s overall IoT strategy?
9. KEY BENEFITS
üOPTIMIZED ROI
üGRANULAR TARGETING
üCAMPAIGN ANALYTICS
üQUICK AND EFFICIENT
üREAL-TIME
OPTIMIZATION
üINCREASED ACCURACY
MULTI-
CHANNEL
üDISPLAY
üVIDEO
üMOBILE
üSOCIAL
üEMAIL
üADDRESS
-ABLE TV
Why Programmatic?
10. Programmatic Creative
DELIVER RELEVANT ADS TO RELEVANT USERS
Female
Afternoon
San
Francisco
Pet Lover
Sunny
To be personalized
and relevant
In a
Relationship
Weekend
Afternoon
Pet Lover
To be personalized
and relevant
In a
Relationship
Weekday
New
York
Cloudy
Female
11. Programmatic: Hot Topics
KEY BENEFITS
üReal-Time-Guarantee (RTG)
üProgrammatic Audio
üProgrammatic Snap Chat
üProgrammatic TV
üHeading Bidding
üTV Ad Sync
12. Back To The Chaos: What To Do
FIND A PARTNER THAT UNDERSTANDS THE CHAOS
üUnderstands 360 view of the chaotic landscape (from advertiser to
publisher)
üAgile to test new innovations in programmatic
üJust not programmatic traders but ad strategist/technologist
üUnderstands audience and conversion data to tell a meaningful story
üDeep understanding of pixels and site technologies
14. What Is the IoT?
• Formal: The Internet of Things (IoT) is the network of
physical objects or "things" embedded with
electronics, software, sensors, and network
connectivity, which enables these objects to collect
and exchange data.
• Practical: Anything can be connected and
communicate in an intelligent fashion. In other words,
with the Internet of Things, the physical world is
becoming one big information system.
16. Why Now?
• Major technology convergence occurring
• Cheap hardware and low cost of networks
• Use of 3D printers for low volume runs
• Low cost cloud infrastructure
• Consumers appetite to track things
• Standards emerging - BLE, NFC, Zigbee
• Ubiquity of mobile devices for data access
17. Customers don’t buy the
Internet of Things.
Customers buy a solution to
a specific problem.
19. Car Seat - Customer Advantage
• Alerted if baby is left in a hot car = Safety
• Baby too heavy or seat is too old = Safety
• Informed if there is a recall on parts = Warranty
• Mailed replacement parts (if needed) = Service
• Mobile app for alerts and updates = Personalization
• Buckle is not secure or incorrectly used = Training
21. Car Seat - Manufacturer Advantage
• Understanding customer usage patterns = Visibility
• Where seats are being used = Visibility
• Environmental usage conditions for seats = Feedback
• Connect to the customer via mobile app = Feedback
• Offer a new seat as the child grows = Reach
• See opportunity in new markets or products = Future
23. Data Is Gold
• Advertisers are willing to pay $0.50 per 1,000
people for general information such as age, gender
and location.
• Jumps to $2.11 per 1,000 people (300%) when you
know something specific they are shopping for like
a car or vacation.
• Highly personal data, like knowing a woman is in
her second trimester of pregnancy is worth $110
per 1,000 people (10,000%)
Source: Financial Times
27. 2015 MN Cup Finalist
Raised $300,000
Minnesota IoT Successes
28. Final Thought
• Driverless elevator invented in 1900
• Public hated it & some people died
• Elevator driver strike in NYC in 1945
• Industry convinced public through ads
and a stop button it was safe
• Not just the technology - must provide
user control and choice
• Brand marketing and perception are key
• You need multiple experts to build
solutions for the Internet of Things
29. Join the IoT Community
Non-profit with monthly meetups,
hackathons and conferences
http://iotfuse.com
Justin Grammens
justin@recursiveawesome.com
Free weekly publication of articles on
the Internet of Things
http://iotweeklynews.com