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New Age of Advertising: Vasilios Lambos Talks Performance Max

New Age of Advertising: Vasilios Lambos Talks Performance Max

FromFacts Not Feelings with Brooke C. Furniss


New Age of Advertising: Vasilios Lambos Talks Performance Max

FromFacts Not Feelings with Brooke C. Furniss

ratings:
Length:
51 minutes
Released:
Aug 31, 2023
Format:
Podcast episode

Description

Are you ready to peek into the future of advertising? Tune in as Vasilios Lambos, CMO & Co-Founder at CognitionDigital.io, shares his insights on the transition from VLA to Performance Max. Discover the challenges, opportunities, and game-changing strategies in this exciting episode of 'Facts Not Feelings”Vasilios begins by discussing the importance of data privacy and protection and how his company is leveraging clean rooms to provide a safe and secure environment for advertisers. He praises Amazon's first-party automotive data and emphasizes the need for full measurement and optimization capabilities across all digital advertising channels.The conversation delves into various topics, including the value of programmatic media channels like Amazon DSP, the shift from traditional to digital advertising, and the benefits of hyper-targeted campaigns that drive business results and lifetime value. Vasilios sheds light on the challenges of managing advertising budgets and the importance of understanding impression share loss.He also touched upon the evolving role of agencies in utilizing ad tech efficiently and effectively. Vasilios expresses frustration with Google's frequent strategy changes and lack of investment in agencies, urging them to listen to their customers and lean into their partners for expertise.Key Takeaways:Could Google be a better steward of ad dollars? Why so much change? There are more options for advertising other than GoogleFirst Party Data, Clean Rooms/Data Privacy & Protection, CDP, Audience SegmentationBreaking down wall of gardensConnect:Vasilios Lambos: https://qrcc.me/ryglnxif28vgBZ Consultants: https://qrco.de/bcqqFo    Apple?️https://apple.co/3U4KvGA Spotify ? https://spoti.fi/3DNNgFI  Youtube ▶️ https://bit.ly/3jDwPoOChapters:02:29 Google's frequent changes challenge dealers' advertising strategies, with a shift towards Performance Max, but marketers will adapt and find the right media mix.05:06 Confusion and dissatisfaction with Google's ad dollars.09:23 Competition increasing ad spend, important for dealers.11:48 Impression share loss: rank vs budget, conversation.16:00 Good attribution is important for audience strategies and measurement in advertising. The use of clean rooms can provide advantages over channels like Google and Facebook. Utilizing technology and data can optimize media strategies and improve sales.22:46 Big leader in Amazon, becoming DSP agnostic, data privacy concerns26:12 Multiple metrics important to align and optimize.30:05 Measurement solutions for advertising performance, breaking down walled gardens, full picture of spend.36:49 Breaking down walled gardens in programmatic advertising using clean rooms, identity resolution, and DSPs is a major trend. The focus is on targeted impressions and integration with different technology stacks. Efficiency and effectiveness are key, with agencies using technology for better results and attribution. The space is becoming more crowded with tech providers. Avoid jumping quickly to new solutions and providers.43:34 Google needs to invest and listen more.48:05 Active LinkedIn influencer sharing valuable content.51:39 Book explores emotion in stock trading and decision-making
Released:
Aug 31, 2023
Format:
Podcast episode

Titles in the series (100)

Every week, BZ Consultants Group's Founder/President, Brooke C. Furniss, differentiates facts from feelings. As it is imperative to surround oneself with people smarter than yourself, experts from their respective fields will be stopping by so we can learn, grow, and move this auto industry forward. Sit back, grab your beverage of choice, and let's continue to set the precedence of facts not feelings! Connect with me at https://bzconsultantsgroup.com/