Yahoo7 ups consumer targeting capabilities with Quantium deal
Yahoo7 has expanded its customer targeting offerings to FMCG clients in a new tie up with Quantium.
Yahoo7 partners with Quantium to create unrivalled data offer for FMCG clients
Yahoo7 has secured a new data partnership with leading international data innovation, applied analytics and AI company, Quantium, to further enhance its market-leading offering of qualified, one-to-one targeted advertising solutions in the fast-moving consumer goods (FMCG) space.
The deal will enable Yahoo7 to use Quantium’s QSegments to target consumers based on basket-level purchase data. QSegments have been built using anonymous customer level supermarket purchase and banking transaction data and cover a wide range of advertiser categories. Included in the deal is the ability for Yahoo7 to activate the audience segments across Gemini, the brand’s native advertising platform, and across the Yahoo7 network.
The new partnership will allow Yahoo7’s advertisers to target FMCG shoppers based on verified supermarket purchase behaviour and track the effectiveness of digital advertising against in-store and online sales, whilst doing so in brand safe and scalable environments.
The inclusion of the Quantium data is the latest addition to Yahoo7’s ‘datasphere’ – the most comprehensive portfolio of owned and partnered data sources in Australia.
Dan Richardson, Head of Data and Targeting at Yahoo7 said, “FMCG marketing is Yahoo7’s largest investment category, so it’s crucial that we continue to build our market-leading data offering in this space. We’ve worked hard to negotiate relationships with data partners who align with our view that real transaction data is the best possible predictor of purchase behaviours, which combined with our own data across almost 10 million Australians, allows us to offer our advertising partners one-to-one targeted advertising driven by the most accurate consumer insights.”
Adam Driussi, Quantium CEO said, “QSegments are determined by real world consumer behaviour, not the educated guesswork of inferred approaches. As a result, QSegments offer marketers an unrivalled combination of reach and accuracy and are fast becoming the benchmark in targeted digital media investment.”
From a Yahoo7 media release
Better late than never.
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Doesn’t Yahoo only have 1 million PII records? Cookie data is hardly 1:1 targeting
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Coles Flyby data from Quantium (transactional data) is not as great as they want us to believe.
Flyby members are largely dormant card holders who don’t use their card or go to its website (to enable Flyby to collect active user cookies).
The flyby database is a sizeable offline database (xls/.csv – for lack of a better description) that still needs to be matched up with active online cookies – which is where Y!7 come into play.
The dormant flyby card holders still pose a high risk of incorrect data. Wrong address (incorrect household data), purchase intentions change (had kids etc)…
Dan is right, they may now have access to ‘real transactional data’. How long ago the Quantium flyby user was either online or actively updated their member info is where this all comes undone.
Dan, have a talk with some other content publishers who were using Quantium for the same reasons you have just stated, and ask why they are no longer using them.
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