The Trade Desk (TTD) and media agencies are drifting apart — a conscious uncoupling that crept in slowly but is now moving fast.
Agencies say their spending isn’t climbing like it used to, while The Trade Desk is busy chasing direct deals with advertisers. It’s not a full on breakup yet, but both sides are clearly eyeing other options.
One holding company media buyer, who exchanged anonymity for candor, told Digiday that rising client investment in CTV — and the many DSPs that can be used to place such spend — meant their agency was becoming less reliant on The Trade Desk over time.
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When you think of influencer marketing, you typically picture brands working with a younger creator to target Gen Z (ages 13-28) or Gen Alpha (up to 12 years old). That’s not always the case. As the influencer marketing space and creator economy continues to grow, so-called silver influencers, or creators from Gen X (45-60 years old) and boomer generations (ages 61-79)are increasingly catching marketers’ attention.
Progresso Soup and Harmless Harvest, a coconut product company, are eyeing the older cohort of creators to earn some cultural cache and boost brand awareness. They’re not alone. Brands’ interest in Gen X and Boomer influencers has been on the uptick in recent years, according to previous Digiday reporting. Alaska Airlines, Mountain Dew and clean beauty brand Ilia have made similar campaigns over the past few years.
“They’re still [linear] TV watchers. But also, it’s a pretty social group,” said Maria Carolina Comings, vice president of the sweet and savory business unit at General Mills, referring to the soup brand’s 55-plus consumers. “So one of the places we went to was TikTok.”
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Creator company Whalar Group opened its doors to a newly-built co-working and production space in Los Angeles for creators in February. Named The Lighthouse, it’s not exactly a school, but not exactly an office either. For Whalar, the intention is to gather creators in one place and see what comes of it, whether that’s business ventures, funding or other creative pursuits, explained Neil Waller, co-founder and co-CEO of Whalar Group.
“Now, a week after when the space is open, I just see people talking to each other and agreeing to do things with each other just by the nature of being around each other,” Waller said in late February. “It’s literally everything we could have like dreamt of coming to fruition.”
The Lighthouse is a members-only place for creators to connect with fellow creators, work on attracting brand partnerships and access professional resources. That’s why Whalar sees it as akin to a university campus that aims to not just provide a networking and production ground for creators, but also act as a vehicle for brands to recruit talent — and prove that all these services under one roof can work as a business.
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Turns out, fixating on low-fee supply chains, or prioritizing ad tech intermediaries with the cheapest fees, was never the magic fix they hoped for. If anything, it’s looking more like a game of chasing rebates than a revolution in efficiency.
The cracks started showing when the math stopped adding up.
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When Greg Swan first attended South by Southwest (SXSW) 17 years ago, it “cracked open” his world.
“It’s a culture of people who start with ‘yes’ versus start from a ‘no’ or ‘we can’t’,” said Swan, senior partner and Midwest digital lead at Finn partners.
Being surrounded by attendees with that mindset makes it a crucial stop for Swan, who has over the years changed his networking approach for the festival. Instead of seeking out the hottest parties, Swan now hosts what he calls “stranger dinners” each night, where he gathers eight to 10 attendees for dinner to talk about what they saw and debate ideas. That’s his plan for this year’s conference, which kicks off today and will run through March 15th in Austin, Texas.
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Apple this week announced a new generation of Mac Studio, and surprisingly it is available with two different chip families: M3 Ultra and M4 Max. While the company claims that the M3 Ultra is up to twice as fast as the M4 Max in some workloads, benchmark tests show that there isn’t a huge difference between the CPU of the two chips.
