Is there life after private equity? Ask Adam Paulisick,
Chief Product Officer of Commerce Signals, who left the financial world to
enter the advertising data industry. “I never intended to be a data person,” he
admitted. But now he has established himself in a data-rich, media-oriented
world.
After the company he was working for was acquired by
Nielsen, Paulisick spent several years working for the measurement company,
first in London and eventually for Nielsen Catalina Solutions. His current
company, Commerce Signals, works with companies that have large quantities of valuable
data and want to monetize that data to be used for advertising and marketing
purposes. So if a company is sitting on a large amount of data but are not
experts in positioning and adapting the data for media purposes, Commerce
Signals can be the go-between for the data and its media applications.
Adam Paulisick shares his career path with Charlene Weisler:
Adam
Paulisick: Right now, our supply sources are large financial institutions, like
Visa. On the other side are advertisers
and publishers, for example PetSmart or Pandora. We allow the data owners to respond to queries
posed by advertisers - such as "did my campaign drive sales?" or
"which tactic is driving the highest sales for the lowest cost?." The
data owners remain 100% in control and get to deliver insights - or not - based on
each query.
Charlene
Weisler: What type of data do you collect and how do you use it?
Adam
Paulisick: We actually don’t collect any data. We seek the permission of data
owners and ask them how they want to permission the data and how it is to be
used by advertisers (merchants). We work
in very tight collaboration with the data owning company, taking unstructured
but very valuable data and fit it to the type of templates that advertisers are
asking for. So someone who happens to have a large percentage of a particular
buying behavior – like shopping at quick serve restaurants – can now take that
data and turn it into insights to be delivered based on questions asked by
advertisers such as did this ad drive actual retail sales.
Charlene
Weisler: We use ratings as a currency in TV but now we seem to be looking at
measurements for ROI. Where do you see the future of TV measurement?
Adam
Paulisick: I believe we will reach a compromise. It is as much about building
intent as it is understanding how people are transacting and purchasing. My
view on measurement companies like Nielsen is that they are going to meet in
the middle. They have a very strong and deep legacy of understanding the amount
of time and types of folks who are watching and consuming content no matter how
that hardware definition changes. Nielsen has also invested in things like
Nielsen Catalina Solutions, areas like consumer package goods to monitor purchase
behaviors and also to present a different view of media like buyer graphics
that show how someone shops (as opposed to the demographic attributes that we
historically use).
Charlene
Weisler: Are you working in the programmatic area?
Adam
Paulisick: Yes, very much. The demand is that people want machines interacting
with machines so that they are “always on”. But it is important to remember
that data sets often lag the ability to act with the speed of a lot of
programmatic exchanges in technology today. What we are focusing on is bringing
data sets that can respond within 72 hours of when someone made a purchase or
interacted in some way offline or online. And then bring that directly to those
programmatic exchanges.
Adam Paulisick talks to Charlene Weisler about programmatic:
Charlene
Weisler: Where do you see the future of data will be five years from now?
Adam
Paulisick: We'll see a two-fold shift. One – we see the shift from the power and
the value of the data going from the buyer to the seller. I believe that there
is a second party data market on the rise. That means that first party data,
meaning the direct collectors of the actual source being willing to sell those
insights directly to another party. Second, this trend will form a cooperative
mentality so that people who do not overlap (such as with geographic
footprints) will be more interested in coming together and sharing data insight
without having to commingle the data.
Charlene Weisler talks to Adam Paulisick about the future of media:
Charlene Weisler talks to Adam Paulisick about the future of media:
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