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Travel Daily Media Conference Features Syndacast Guest Speakers on the Changing Digital Landscape

By | Dec 4th, 2013 03.33 AM | View all posts in News and Updates

November 29, 2013 – Bangkok, Thailand

Travel Daily Media is a renowned website among businesses in the travel and tourism industry. The website (traveldailymedia.com) offers visitors with the latest global news, travel-related information, updates, events as well as travel offers. In addition to recent events around the world, the website features special reports and review of hotels, airlines and cruises.

The group founded in 2006 by Gary Marshall, has over the years, exponentially gained the interest of hoteliers and many other businesses in the travel and tourism industry. Today, it is a dominant force in the international online travel trade news coverage, reaching global audiences in across twenty countries.

Besides news coverage, the website offers readers with a multitude of travel-related content including: Digital publications (eMagazines) for selected regions, along with editorial pieces that touch on local controversies, such as the recent piece on Bangkok’s political unrest are also featured on the website’s blog area.

Syndacast, one of the fastest growing, performance-driven digital marketing firms in Asia with a strong focus in the travel industry, joins Travel Daily Media’s yearly seminar in November 2013 as guest speakers. Anthony G. Preece, Strategy Director at Syndacast, shares his insights on the digital scene, including the ‘era of big data’ and the revolution in Digital Media Planning and Buying, in respect to Demand Side Platforms and Data Management Platforms. While the company’s Content and Optimization Director, Monlamai Vichienwanitchkul shares information on responsive web design and the changing SEO (Search Engine Optimization) landscape, referring to topics such as content marketing and Google’s hummingbird algorithm.

Gary Marshall (Managing Director, Publisher & Editor at Travel Daily Media Group) & Anthony Preece (Strategy Director at Syndacast, an Online Performance Marketing Agency)
Gary Marshall (Managing Director, Publisher & Editor at Travel Daily Media Group) & Anthony Preece (Strategy Director at Syndacast, an Online Performance Marketing Agency)

travel media daily group

Recent studies on online activities related to the travel industry suggest that digital channels such as online reviews and hoteliers presence on social media is an essential business factor and will only grow in importance. For instance, it is said that more than 40% of online traffic related to travel queries now comes from mobile devices, including tablets, confirming the important shift taking place from desktop to non-desktop devices (Source: HeBS Digital), 44% of travelers use their smartphone to research travel while they’re traveling (Source: JiWire Report), typical travel shopper will visit 22 websites in “multiple shopping sessions” before booking a trip (Source: Atmosphere Research Group), and 65% of leisure travelers begin researching online before they have decided where or how to travel (Source: Ipsos MediaCT).

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What is Adboost?

By | Oct 22nd, 2013 10.00 AM | View all posts in Technology & Innovation

So what is AdBoost?

The Short Answer: Syndacast’s powerful proprietary RTB Display Advertising solution.

Syndacast Adboost Numbers

If you’re new to RTB Display Advertising, learn more about the technology and how it could help your business from our fast track guides to RTB Display Advertising, DSP and DMP.

The Long Answer:

AdBoost is Syndacast’s proprietary technology that makes precise, accurate and cost-effective digital advertising possible for your business. AdBoost helps you allocate your advertising budget to target the right audience and optimize so that you get the most out of your investment.

AdBoost is built on four unique and powerful components: Data Management Platform, DSP RTB Solution, Optimization Engine and AdBoost’s Dashboard. With this technology, what you’re looking at is access to 37 billion impressions daily, inventory in 40+ countries, 800 million unique url’s each day and bid calculations at 40ms or less.

Syndacast AdBoost

Most importantly, AdBoost exploits pioneering targeting technology to pinpoint specific audiences as well as specific sites and content types. Not 1 impression is wasted.

Syndacast AdBoost Targeting

And this is just a small peak into AdBoost. To learn how the entire system works in detail leading to precision targeting, download our full AdBoost fact sheet here. Or, prefer to learn directly from us? Feel free to contact us anytime.

Download AdBoost Fact Sheet

P.S. AdBoost is an all-in-one solution for display advertising. So if that is what you are looking for, you are at the right place. Simply drop us an email and we’ll walk you through the system.

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What is DMP (Data Management Platform)?

By | Oct 17th, 2013 10.00 AM | View all posts in Technology & Innovation

Assuming you already know what DMPs are and how they work in digital advertising alongside RTB and DSP, skip to the advanced information; download Syndacast’s AdBoost fact sheet here.

Download AdBoost Fact Sheet

DMP (Data Management Platform) is in fact not a new solution but is one that has recently been embraced by digital advertising. It is also commonly known as UDMP (Unified Data Management Platform) and what it is, is basically a centralized computing system that collects and manage huge amount of data from many different sources. The term DMP is most commonly associated with development projects wherein the idea is to help data users to turn raw data into information that could be easily read and support business goals.

Syndacast DMP Data Management Platform

DMP in terms of online media advertising has, to-date grown so powerful that publishers could now literally track users and customers from a multitude of sources such as mobile usage, tweets, banners, and even offline applications. The user data collected from web cookies, a small file that tracks internet user behavior is dissected by the DMP and categorized into segments and groups; organized into useful and coherent information.

The use of DMP far exceeds the buying of ad impressions but also helps publishers in the long run in terms of shaping and defining targetable audiences.

DMP is a solution in itself but is also part of a bigger solution: RTB Display Advertising.

P.S. Are you looking for an all-in-one solution for display advertising? Then you’re at the right place. Get in touch with us to learn more about AdBoost, a powerful RTB Display Advertising technology.

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How does RTB Display Advertising Work?

By | Oct 9th, 2013 06.00 AM | View all posts in Technology & Innovation

First off, if you’re already an expert on what RTB (Real-Time Bidding) Display Advertising is, then go for the advanced stuff. Download Syndacast’s full AdBoost RTB Display Advertising Fact Sheet.

Download Syndacast AdBoost Fact Sheet

Moving on, for anyone still fuzzy about RTB, let’s start with the question of what is RTB Display Advertising? If you’re here reading this post because you’ve found the bits and pieces of information being thrown around the internet difficult to piece together for something halfway coherent, worry not. You’re not alone. The market is in fact falling short of adequately explaining RTB (Real-Time Bidding), DSP (Demand Side Platform) and DMP (Data Management Platform) in layman terms.

What is RTB?

Let’s start with RTB. RTB which is short for real-time-bidding is a major evolution on how digital media is bought and sold. Before RTB came around, display and banner advertising is all about closing ad deals with websites individually via CPM (cost per impression) rates (cost for 1000 visitors of website users to see your ad) and flat rates per month or even CPC (cost per click) rates. Typically, the seller would propose a CPM rate and the percentage of impression distribution over time and/or ad rotation ratios to advertisers.

With RTB, this is no longer the case. Instead, the advertiser conducts their own evaluation and place bids on individual ad impressions as they are about the happen. A third party system is used in this new RTB model. The publishers (website owner with advertising space) make their ad impressions available on third party exchange platforms. Advertisers could then buy the impressions directly through the exchange. Most advertisers do prefer to buy impressions via a separate DSP tool which enhances the bidding process.

The benefits of using a DSP is flexibility such as letting brands/advertisers leverage their own data for targeting ads, and makes it possible to apply sophisticated algorithms for bid optimization.

Let’s take a step back to RTB here. Keep your questions about the DSP you may have for now. (We’ll explain that in detail in a separate post). So when we say: with RTB, advertisers make the call rather than the publisher; how does it actually work?

 

“Different Advertisers give different values for different audiences “.

RTB Target Audience

To illustrate this a bit: Suppose that you are selling high-end women hand bags. Your ideal customer profile would be female with high income between 25 – 38 years old. You may be willing to spend quite a bit of money to ensure these women that fit this profile see your ad. Now considering that half of the women are working moms. A high-end baby product brand are also targeting the same group as you are, and consequently, they might be willing to bid higher that you are in order to show their baby products. Thus, the higher bidder wins and gets to show targeted audience ads for their product/service.

Syndacast RTB

Now that you know how RTB works, the next question you might be having is, what if the RTB platform has little publisher websites to choose from compared to the number of potential websites you could advertise on? First and foremost, choose RTB solutions that are big. As in, choose solutions with a huge database to show for. And again worry not because publishers are in fact quite keen on selling their impressions on RTB platforms for many reasons:

Reason 1: Instead of spending huge money on hiring a sales force team, RTB gives publishers an alternative to sell their entire advertising inventory without the said team.

Reason 2: Being part of an RTB platform means more people get to know about their advertising space. In terms of reach, this beats going the route of direct sales or hiring a media planner.

Reason 3: Targeted audience segments tend to yield more income for publishers compared to generic audience inventory buy based on website traffic because of the higher willingness to pay  for targeted audience.

Reason 4: Finally, RTB is the first solution that comes to mind for any unsold inventory because it is cost effective and really does work.

What does this all mean? RTB for publisher is another great avenue to make money.

As RTB get larger and larger, sorting through the huge amount of ad data and bids becomes overwhelming and defeats the purpose altogether.
This is where the DSP comes in. Stay tuned for our article on ‘What is DSP and Understanding Demand Side Platform’.

P.S. Are you looking for an all-in-one solution for display advertising? Then you’re at the right place. Get in touch with us to learn more about AdBoost, a powerful RTB Display Advertising technology.

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