Madison Avenue is still the heart of the advertising business. But on the first day of Advertising Week, a top industry convention in Manhattan, it was clear how much influence resides in Silicon Valley.
Facebook introduced a tool that allows advertisers to buy video ads using a ratings metric similar to one used for buying television commercials. The goal is to make it easier for advertisers to plan and buy ad campaigns across television and Facebook. The combined performance of the television and Facebook ads will be measured by Nielsen Digital Ad Ratings from Nielsen, the research company.
“It’s essentially giving marketers the ability to buy Facebook in the same way they bought TV,” Carolyn Everson, vice president for global marketing solutions at Facebook, said at a presentation. “We believe Facebook and TV can be very complementary.”
With the new tool, Facebook is aggressively pursuing television advertisers, many of whom are increasingly seeking ways to reach consumers on mobile devices. According to Nielsen, 88 percent of tablet owners and 86 percent of smartphone owners use devices while watching television.
Facebook also announced it was introducing mobile polling to let advertisers assess the effectiveness of their campaigns on mobile devices.
During a presentation on Monday, Google announced a product that will let marketers target ad campaigns to consumers using their email addresses. The program, called Customer Match, lets companies upload a list of customers’ email addresses gleaned, for example, from its loyalty…