Livingly Media invested in Permutive at the peak of the pandemic. The publisher decided to use the opportunity to prepare for the future. It wanted to ensure that it would thrive when the advertising market recovered. It also wanted to meet the needs of advertisers that were looking for specific audiences. Its strategy was to invest in technology across all parts of the business. A big priority was making sure each part of the organization was onboard with the platform and had the same goal. It focused on developing a standard taxonomy and improving its market messaging and offering, ensuring that it could deliver value to new brands.
Since going live, Livingly Media has been able to uncover previously unavailable first-party audiences. It has created packages for a range of clients who are looking to reach affluent female audiences. It has collected a wealth of contextual and behavioral data on its users and analyzed advertiser information to better understand their requirements.
Reducing reliance on third-party data
Livingly Media has taken an innovative approach to allow advertisers to shift to its first-party data. It provides advertisers with the option to test its first-party data against existing third-party audiences. Brands can see the results for themselves and are empowered to make data driven decisions. After comparing inventory, one large CPG brand naturally gravitated towards using first-party data to reach niche audiences and inventory across all browsers. The brand increased spend with Livingly, who helped them reduce reliance on third-party data and wasted impressions while also increasing scale using premium accurate data.
Creating bespoke packages for advertisers
Having Permutive’s DMP allows Livingly Media to gain more granular access to data. It is now able to tailor audiences and create customized packages for its advertisers. Advertisers can view audience data and target their ideal users across each of Livingly Media’s sites. Examples of some of these first-party contextual and behavioral packages include: Fashion & Beauty, Food and Drinks, New Parents, Tech Savvy, Retail shoppers, and Women’s Wellness. The packages have really resonated with advertisers.
Improving the performance of campaigns
Livingly Media now offers outcome based opportunities for advertisers that it works with. The publisher believes that viewability and completion rates are table stakes for marketing. It wants to ensure that advertisers can reach audiences in premium content brand safe environments while ensuring KPI goals are met. It has been able to improve campaign performance for its brands using richer data sets and tailored targeting. It can uncover niche audiences, for example ‘Moms with kids under 5 that buy healthy snacks’ or “Women in-market for gut-health wellness”
Grow its advertiser partnerships
Permutive’s Revenue Insights product allows Livingly Media to gain insights about audiences that brands are buying in Open Marketplaces. The publisher uses this information to help brands better define the audiences that they’re targeting and understand pricing. It also shares trends on content consumption and behavior on site. Now that Livingly Media has a DMP it can collect many more first-party data points to improve the scale of advertiser campaigns across all browsers. Sharing this data with advertisers has helped Livingly Media to build lasting advertiser relationships.