When it comes to cross platform measurement, if you can’t identify a
piece of content, you can’t measure it and if you can’t measure it you
can’t monetize it. Further, if you don’t know what is in the dataset
you’re using, the results may be suspect. That is why two major data
labeling initiatives (content labeling and data transparency), recently
showcased at the CIMM Conference, are poised to take cross-media
measurement to the next level.
Ad-ID and EIDR for Content
Harold Geller, Executive Director, Ad-ID and Will Kreth, Executive
Director, EIDR have been instrumental in creating industry standard
labels that
enable the seamless tracking of both ads and programming across all
platforms and devices. Geller explained that now over 400 advertisers
are using Ad-ID for their advertisements and in order to make the cost
of entry more affordable, Ad-ID prefixes are now free to registrants.
Kreth noted that programming labeling has had a positive effectthat
reduces friction. EIDR has seen rapid growth recently, reaching 2
million content records as of the end of 2018.
Data Transparency Label for Data
According to David Kohl, President and CEO, TrustX, audience and identity data are the foundation for billions of dollars
in marketing and media spending. “But not all data is created equal,”
he warned. “It is important to create a label that tells us exactly what
is inside the data.”
To that end, a data transparency label has been developed that looks
like an ingredients label found on food packages. This label enables all
users – both advertisers and programmers – to know what type of data is
inside. This label will help answer questions such as: How did data get
created? Where did it come from? Who is the owner? What audience
segments are used and how was the segment constructed? Was it modeled
and where did the data come from? Is it household, device or individual,
an id, a cookie, a set top box, zip or address?
Both content labeling and data transparency labels are designed to
provide a level of trust for the industry. For Kohl, this is just the
beginning. “We are on a journey,” he explained. “We are looking for
industry feedback and plan to evolve the label over time.”
This article first appeared in Cynopsis.
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