Advertisers don’t want a duopoly in ad platforms: Rose Tsou, Verizon Media

Tsou, Head of International, Verizon Media, talks about how the company is looking to become an alternative for advertisers who don’t want to see a duopoly in ad platforms

e4m by Neeta Nair
Published: Oct 9, 2019 8:41 AM  | 4 min read
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As per e-marketer, Verizon Media is the eighth largest advertising platform in the world and has a host of consumer media brands such as Yahoo News, Yahoo Cricket, Yahoo Mail, HuffPost India, and Makers, a storytelling online platform for the trailblazing women of today, which the brand just launched in India.

In a conversation with exchange4media, Rose Tsou, Head of International, Verizon Media, talks about how the company is looking to become an alternative for advertisers who don’t want to see a duopoly in ad platforms and how they hope to strike partnerships in India to make this happen. 

Excerpts

Verizon Media just launched consumer media brand Makers, tell us about it.

India is one of the fastest growing internet markets in the world. As many as 42 per cent of the population here comprises women. We realised that our brands are a little skewed towards the male population of the country with Yahoo Mail, cricket, finance etc, and that too at a time when more and more women are coming online. The best example of women making their voices heard was the #MeToo campaign last year. Also, the government wanted to encourage more women to come into the workforce. All this coincided and resonated well with our brand’s mission, which is to help people live a better life through trusted content and connections in commerce. And when we looked at our portfolio, Makers really stood out as one of the brands that resonates well with women, especially in the modern times. So we just felt that Makers is the right product for the country. It is not just a media site, it is a platform to empower women.

Yahoo is one of the earliest internet companies, but as of 2018, you are the sixth most visited website globally, as per web analytics service Alexa. Are you content with that?

When it comes to search, we have partnered with Bing. We no longer build our own search engine. So, we had to make some strategic pivot. Years ago, we decided we wanted to partner with someone who is going to be deeply committed in the search technology development for the long haul. And it has been 10 years since that. This is a long-term partnership, and so far, we are very happy to be working with Bing worldwide.

Do you think today you can use Yahoo and AOL to build a strong third alternative in a digital advertising market that is currently dominated by Google and Facebook?

When it comes to advertising, we constantly hear that advertisers don’t want to see a duopoly. Everyone is looking for alternative. And Verizon Media ad platform can really be the alternative. That’s why we are aggregating. We will continue to see partnerships so that we can give the breadth of coverage to the advertiser and also the quality data that they can trust.

Which are the platforms in India where you are seeing potential for partnerships?

OTT would be one of them. About a year ago, when I looked at the OTT business here in India, there were just a handful of players, and right now, the number is close to 60. And all this in just a year’s time. So, we are in talks with some of the OTT service providers about our potential collaboration and distribution of content. And at the same time, on whether we have the wherewithal to help them drive subscription, and also helping them in identifying the right audience or do a comparison. On the advertising frontier, we also provide the SSP solution. For eg, they may have a video inventory that they want to offload and sell to the advertisers. We provide such a platform where they can offload it to us and we can help them do the monetisation.

Tell us a little about the various advertising solutions you have in India?  

Native advertising is our strongest product worldwide, and India. It gives you an immersive experience for your content. It comes in various formats and has most traction with advertisers here in India, as well as worldwide. And in both places, we are seeing a double digit growth in it.

The other one is our DSP for programmatic advertising, which has also seen a double digit growth over the year. Our DSP is world number 2, as far as overall transactions are concerned.

So, these are two products that have seen tremendous growth in this country, especially considering that India is moving towards programmatic advertising very quickly. We are very excited to see that in the last six months, our mobile growth has been more than 100 per cent here. India has become one of our top five markets internationally.

 

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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