Businesses regularly use social media, search, and display ads to advertise their products and services. Every time a consumer sees the ad, an “impression” is created. Companies are then charged based on the numbers of impressions their ad receives. And while this service may be convenient, knowing how often those impressions turn into conversions can be a mystery.
“The main complaint advertisers have about PPI advertising is that it is difficult to know whether users notice your ads,” according to tech expert and writer David Weedmark. If your ads utilize only traditional audience data, you may not be targeting the right consumer. In other words, you’re paying every time someone sees your ad, even if that “someone” isn’t your target audience.
Another problem businesses face is the cost of data. Traditional DMPs and DSPs charge customers an audience data fee for every impression. Essentially those customers are paying for the same data over and over.
BDEX flips the online marketing model upside down. BDEX’s DaaS services streamline the digital marketing process, lowering the overall cost of campaigns. By separating the data cost from the audience cost, companies can reach more consumers without paying for every ad impression. And since BDEX customers own the data they buy, it can be used for one or a hundred campaigns at no additional cost.
In addition to their cost-effectiveness, DaaS services are flexible and personalized to meet your company’s needs. For a fixed monthly fee, auto dealers, franchises and other businesses can get the solutions they need without expensive upfront or fees.
To learn more about BDEX’s Daas services, email us at email@example.com.
Image via Pixabay
With the new year comes resolutions, and though vowing to exercise more regularly or cut down on carbs is a worthy personal resolution, it’s important to make professional promises as well. The BDEX teams believes now is the time to take advantage of Big Data.
But it’s not just us. Experts believe 2017 will be a pivotal year for Big Data as well.
“2016 was an exciting year for big data, as finally, Big data is no longer a hype or a buzzword. This means that organisations are actually developing real world solutions and applications with big data analytics that have a big impact on their bottom line,” Mark van Rijmenam of Datafloq tells KDnuggets. As marketers take Big Data more seriously, the doors open for more Big Data projects and Big Data solutions.
The BDEX Data Exchange Platform (DXP) has steadily grown to offer our customers the most comprehensive collection of timely, third-party data on the market. We’re happy to announce that our marketplace is more robust than ever. Look at a few of our updated marketplace statistics below:
Shopping Cart Retargeting, or targeting customers who have shown interest in a product on a retailers’ website, is a common data service. The BDEX Shopping Cart Engine, or C2E service, takes this retargeting to the next level by linking retailers with the email addresses of customers who did not even register or purchase on the website. Retailers can connect with potential customers who have shown an interest in their products, whether or not they wanted to purchase merchandise at that particular time.
Want to learn more about Big Data or BDEX? Visit our website, bdex.com, or email us at firstname.lastname@example.org.
Image Credit: Flickr/KamiPhuc
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