Yoav
Naveh has a background steeped in building predictive systems for
online advertising and internet security startups. Prior to launching
ConvertMedia, he served as Captain in the elite technological unit of the
Israeli Intelligence Corp and received multiple awards of achievement while
there.
Upon completing his service, Naveh went on to receive a degree in
mathematics and computer science at Tel Aviv University. As a self-described expert
in the programmatic industry, Naveh also has a passion for machine learning and
big data.
As the co-founder and CEO of ConvertMedia, Naveh
works in the world of outstream video which are, according to Cynopsis, video
ad units that aren’t tied to content. (An out-stream ad can run between
paragraphs of text, on the side of a page. They are presumed to be more valuable
because they can guarantee 100% viewability.) ConvertMedia is an outstream
video SSP that, according to Naveh, “enables publishers to strike an ideal
balance between revenue goals, the exposure they afford advertisers and how
they engage consumers.”
I
sat down with him and asked him the following questions:
Charlene Weisler: What exactly is an outstream video SSP?
Yoav Naveh: SSPs have traditionally helped publishers
connect to demand channels (advertisers via DSPs and ad networks) and sell real
estate. An Outstream SSP makes that connection for outstream video supply. We
believe that SSPs should evolve beyond demand management and offer user
experience controls. In outstream, a high impact and effective format,
publishers need to have tools to manage the user experience in a way that is
respectful to the user, and measures not only the potential revenue, but also
the user experience tradeoff.
Charlene Weisler: What type of video – length, origin etc, do
you work with?
Yoav Naveh: Most ads are 15-30 seconds long. But we feel
that outstream can be an opportunity for content marketers to play longer
stories within outstream formats. This allows marketers to have a few seconds
of high impact format that then stays active on the page only if users engage.
If the user does engage, the marketer can now play a significantly longer
story/ad (2-5 minutes). This brings publishers the opportunity to deliver
an experience similar to what Facebook created with in-feed with video.
Charlene Weisler: What is your definition of television?
Yoav Naveh : Television is professionally created video
content that is made available for a mass audience through broadcasting or
streaming
Charlene Weisler: How are you able to move TV dollars to
digital?
Yoav Naveh: Advertisers are looking to reach their
audiences, who are online, and in particular on their mobile devices. But they
need to be able to reach those audiences at scale and in a viewable and
reliable way if they are going to make the move from broadcast TV to
digital. Outstream video opens up quality, viewable inventory at scale and
will be the key to moving budgets so advertisers can be where their audiences
already engage with content.
Charlene Weisler: Tell me about some of the data you collect
and how you use it?
Yoav Naveh: We collect data on the effects of different
video ad formats on the user experience and how it correlates with revenue to
help publishers find the balance between revenue and user experience. We
measure the load-time of the ads, the time the user spends on a page, how they
move and interact with the page, where they came to the site from (i.e.,
whether it was from social media or organically) and if they immediately leave
after the page visit. We also allow users to provide direct feedback on the ad
with an opt-out option.
Charlene Weisler: What is your definition of programmatic?
Yoav Naveh: Programmatic is the automatic method of
buying and selling digital media
Charlene Weisler: What happens when Smart TV’s gain critical
mass? How will that impact your business?
Yoav Naveh: Smart TVs present an opportunity to create
new video advertising experiences for users. We will need to develop smart and
relevant ad experiences that enhance the user experience that such devices
introduce beyond the pre-roll.
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