DSP Console Updates, Twitch Inventory Addition, OTT Advertising, Segmenting Look-back Windows, How Do You Segment?, Performance and ROAs, Goals of Retargeting
Segmenting look back windows on Amazon DSP can lead to more effective advertising by excluding recent purchasers and focusing on potential repurchasers.
Recent updates to the Amazon DSP console, including Twitch inventory addition, offer new opportunities for granular audience targeting and targeted brand awareness campaigns.
Deep dives
Segmenting Look Back Windows: A Customizable Approach to Retargeting
In this episode, Gefen and Matan discuss the value of segmenting look back windows through negative targeting on the Amazon DSP platform. They explain how retargeting based on specific time frames of customer engagement can lead to more effective advertising. By customizing look back windows, advertisers can exclude recent purchasers and focus on those who are more likely to repurchase. The strategy is particularly beneficial for consumable products with predictable purchase frequencies. Matan walks through the process of segmenting look back windows on the DSP console and highlights its effectiveness in improving return on ad spend (ROS).
Expansion of DSP Console: Twitch Inventory & OTT Advertising
Gefen and Matan discuss recent updates to the Amazon DSP console in terms of inventory selection and advertising options. They highlight the addition of Twitch inventory as a separate category, allowing brands to target gaming audiences more effectively. This update opens up opportunities for brands to leverage display slots on Twitch and use Amazon DSP for granular audience targeting. The conversation also touches on the growing emphasis on over-the-top (OTT) advertising on Amazon-owned devices, which offers non-engageable video ads during shows or as commercials. While OTT advertising can be more expensive in terms of CPMs, it enables targeted brand awareness campaigns and is especially beneficial when combined with strategies like segmenting look back windows.
Using Segmenting Look Back Windows for Customization and Cross Promotion
In this segment, Gefen and Matan delve into the practical applications of segmenting look back windows. They discuss how this strategy allows brands to customize retargeting campaigns based on specific customer behaviors and purchase patterns. This approach is particularly valuable for brands with diverse products or services that cater to different life stages or specific consumer needs. By using look back windows to segment audiences, brands can effectively cross-promote related products to customers who are most likely to make additional purchases. The hosts provide examples of how segmenting look back windows can benefit brands selling pet products with different age stages or electronics with regularly needed accessories. They emphasize the significance of this segmentation strategy in boosting conversion rates and driving better results for advertisers.
This week on the VENDO Podcast we are covering Amazon DSP Updates. Join Matan Laredo, Head of Programmatic Advertising, and Gefen Laredo, Director of Media Buying, as they speak on DSP Console Updates and Maximizing Retargeting.
Topics Include:
- DSP Console Updates (2:14)
- Twitch Inventory Addition(2:20)
- OTT Advertising (3:45)
- Segmenting Look-back Windows & Why it's Valuable (5:20)
- How Do You Segment? (7:25)
- Looking at Performance and ROAs (11:20)
- Goals of Retargeting (12:30)
Featuring:
- Matan Laredo, Head of Programmatic Advertising, VENDO
- Gefen Laredo, Director of Media Buying, VENDO
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