Why highly targeted, programmatic advertising is a no-brainer for this adtech chief

Programmatic advertising is the future, says this creative management platform chief

If your marketing is intrusive, you will not exist moving forward.

This is the advice from Bonzai CEO, Rahul Pandey, who was visiting Sydney last week. Pandey said the future of marketing is highly targeted, highly impactful, programmatic at scale, and the real challenge will be consumers’ shrinking attention spans.

“The future belongs to programmatic. I think 80 per cent of the buying future is going to be programmatic and Australia is definitely taking the leap in that direction,” Pandey told CMO. "You have to be personalised and targeted because if you are intrusive in the future, you will not exist. Communications with consumers need to be limited, but relevant, so the audience wants to engage with you."

Founded in 2011, Bonzai is a self-serve creative management platform that aims to allow marketers, agencies and publishers to create, distribute and optimise data-driven digital experiences, at scale, while enabling the creation of programmatic, display, video and native creatives. The company recently partnered with PubMatic, and also launched a 360-degree immersive capability, PhotoSphere, within its creative advertising platform.

“We’ve enabled high-impact formats, integrated, delivered and available through the programmatic route. Historically, high impact format was limited to a couple of publishers, or only available to some media resellers. We’ve been working on making this available at scale and in a programmatic environment, to everyone. I am a strong believer of programmatic, and of a safe, trusted high impact environment,” Pandey said.

“We have so much data available now, the real challenge lies in the attention span of people. It’s so short; literally seconds. Brands have a real challenge now in how to get that real moment of engagement and then expand engagement time.

“Personalisation plays a vital role in this, because a consumer is always asking ‘if it’s not for me, why should I pay it any attention?’ That’s where entire ecosystem is evolving now.

“You must use data with creative on a real-time basis to create personalisation, and then take it even further to an ever-more individual level. This is where creatives are going and that’s where it’s making an impact. Creative that is relevant is where that engagement starts.”

Due to this, Pandey said, the somewhat recently overlooked role of the creative, will become more important.

“Traditionally, the journey of any marketing activity started with the creative and I think we’ll come back to that creative now because it’s so important, particularly the personalisation of the creative," he said. 

“We must always be asking: How do we make creative more impactful, engaging and relevant to the consumer? We are looking at a close integration between first and third party data, and that’s where the creative is becoming more personalised and on the fly – this is where our energy is focused.

"The high-impact advertising formats we’ve launched are getting a lot of interest. This is where the product launch journey starts, it aims to create impact before you even move onto the next stage of a launch. We are building the technology to the next level and serving it at scale in the programmatic space."

Follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, join us on Facebook: https://www.facebook.com/CMOAustralia, or check us out on Google+:google.com/+CmoAu 

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments

Blog Posts

Building a human-curated brand

If the FANG (Facebook, Amazon, Netflix, Google) sector and their measured worth are the final argument for the successful 21st Century model, then they are beyond reproach. Fine-tuning masses of algorithms to reduce human touchpoints and deliver wild returns to investors—all with workforces infinitesimally small compared to the giants of the 20th Century—has been proven out.

Will Smith

Co-founder and head of new markets, The Plum Guide

Sustainability trends brands can expect in 2020

​Marketers have made strides this year in sustainability with the number of brands rallying behind the Not Business As Usual alliance for action against climate change being a sign of the times. While sustainability efforts have gained momentum this year, 2020 is shaping up to be the year brands are really held accountable for their work in this area.

Ben King

CSR manager & sustainability expert, Finder

The trouble with Scotty from Marketing

As a Marketer, the ‘Scotty from Marketing’ meme troubles me.

Natalie Robinson

Director of marketing and communications, Melbourne Polytechnic

If you think it can benefit both consumer and seller then it would be great

Simon Bird

Why Ford is counting on the Internet of Things to drive customer engagement

Read more

It's a good idea. Customers really should control their data. Now I understand why it's important.

Elvin Huntsberry

Salesforce CMO: Modern marketers have an obligation to give customers control of their data

Read more

Instagram changes algorithms every time you get used to them. It really pisses me off. What else pisses me off? The fact that Instagram d...

Nickwood

Instagram loses the like in Australia; industry reacts positively

Read more

I tried www.analisa.io to see my Instagram Insight

Dina Rahmawati

7 marketing technology predictions for 2016

Read more

The saying is pretty tongue in cheek. It's not saying that marketers are bad people, nor that they don't take themselves seriously. There...

LYF Solutions

The trouble with Scotty from Marketing - The CMO view - CMO Australia

Read more

Latest Podcast

More podcasts

Sign in