It is a truth universally acknowledged that knowledge is power. But perhaps it is not so much what you know but rather how you make use of that knowledge that identifies the big players. The beating heart of the media industry is a persistent search for bigger and better data, hence new ways to accumulate and analyse quality information is always a welcome investment.
Digital advertising spoils us with its granular levels of facts and figures, enabling targeted ad serving to specific individuals and providing a constant stream of feedback that can be compiled into an ever-so-handy database. Consequently, it can seem nonsensical to throw money at, for example, a press campaign and have no decisive results data when the measurement of the impact an ad has on sales or brand engagement is a primary concern for most if not all advertisers. (more…)