‘It's not just about the results': How Vox Media’s CRO Geoff Schiller is strategizing for ad sales in 2024
Mar 19, 2024
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Vox Media's CRO, Geoff Schiller, discusses ad sales strategies focusing on talent and tent poles. They emphasize niche over scale plays and vertical expertise to differentiate in the market. Schiller showcases insights on roadshows and industry events to attract clients.
Vox Media's sales strategy focuses on talent, franchises, and tent poles to differentiate in the market.
Prioritizing niche over scale plays against platforms in 2024 advertising trends.
Utilizing vertical expertise and strategic showcases to enhance client engagement and attract advertisers.
Deep dives
TikTok Ban and Kate Middleton's Photoshop Project Stir Social Media Buzz
The episode delves into the frenzy caused by the TikTok ban threat and speculations around Kate Middleton's 'Photoshop Project,' prompting humorous social media reactions like TikTok funeral flyers. The discussion scrutinizes the significance of these viral events and their impact on online discourse and societal concerns.
Vox Media's Focus on Podcasting and Advertising Strategy at South by Southwest
The conversation shifts towards Vox Media's engagement at South by Southwest, highlighting Jeff Schiller's insights on leveraging potential TikTok ban fallout to boost podcast consumption. As Vox Media prioritizes showcasing its podcast network, the dialogue emphasizes the media industry's approach to advertising revenue, particularly in the podcast space, and the evolving strategies to attract advertisers in the digital media landscape.
Strategic Emphasis on Talent, Franchises, and Ten-Poles for Revenue Growth
The episode underscores Vox Media's revenue strategy focused on talent, franchises, and ten-poles like South by Southwest to drive sustained advertiser interest. By aligning with high-demand events and leveraging brand partnerships, Vox Media aims to secure renewal commitments from existing clients, emphasizing long-term relationships and predictive insights to enhance campaign performance.
Insights-driven Approach and Predictive Strategies for Audience Engagement
The podcast emphasizes Vox Media's insights team's pivotal role in offering specialized audience insights and trend analysis to potential and existing advertiser partners. With a tailored approach to audience understanding and behavior prediction through AI and thematic studies like anime, Vox Media aims to deepen client engagement, foster strategic partnerships, and anticipate evolving market dynamics.
Outlook on Advertising Trends and Business Stability for 2024
Concluding with a forward-looking perspective, the discussion reflects a sense of cautious optimism and stability in Vox Media's business trajectory for 2024. The focus on building quality brands and engaged audiences positions Vox Media to navigate shifting advertising landscapes, drive impactful results for partners, and foster meaningful dialogue around long-term advertising strategies amidst evolving market dynamics.
Coming off of SXSW where Vox Media hosted the conference’s three-day-long podcast stage, the company’s recently appointed CRO Geoff Schiller is going all-in on these types of in-person selling opportunities to generate ad deals for the publisher’s portfolio of digital and audio assets.Centering the Vox Media sales pitch on talent, franchises and tent poles, Schiller said on a recent episode of the Digiday Podcast that this is the formula he and his sales team are following to differentiate the digital media company in the market. It’s a similar play to other publishers that are focusing on “going niche” versus competing for scale plays against platforms this year.In this week’s episode Schiller talks about the state of the digital advertising market and how he’s showcasing vertical expertise to clients in various ways, from taking insights on a roadshow to showcases at industry events.
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