Marin Software recently participated in the E-Commerce Paris trade show, the largest cross-channel event in France. During the three-day event, we had the opportunity of presenting with our customers as guest speakers. One such opportunity was a workshop on 'the relevant criteria to choose your digital media buying platform'. Thibaut Vouloir, Acquisition Manager at financial services company Cofinoga, detailed the main things every agency or advertiser should care about when looking for a solution.
First off, he insisted that the provider must be independent from any media selling business. To guarantee a fair arbitrage of the bid recommendations on any campaign, the platform can’t be owned by a specific publisher, whoever that publisher may be. An independent platform helps advertisers to optimize their media investments on different channels, across search, social, and display.
2. Local Support
For Thibaut, it should be a given that he has access to a local and experienced service team – in his case, based in Paris who speaks French – who understands his needs and gathers his feedback to improve the product. One of his needs is the ability to integrate his DMP tracking system, with customized specifications. The strength of a local team is its capacity to contact the DMP solution, then work collaboratively with the customer to deliver a needs-based solution that drives results.
3. Flexible, Automated Bidding
In particular, Thibaut mentioned the absolute flexibility of Marin’s automated bidding tool considering the different objectives of Cofinoga’s financial products. Using the three different bidding strategies that Marin offers (position, CPA, and ROI) – within the same campaigns or across multiple campaigns and publishers – allows Cofinoga to effectively control and monitor the costs of acquisition. The time an advertiser saves with automated bidding can be reallocated to other tasks, such as A/B creative and landing page testing. “The keyword marketer is freed up from the repetitive task of manually changing bids every day,” said Thibaut.
To find out more about how Marin Software can help you achieve your cross-channel advertising goals, contact us today.