Criteo, a global technology company powering marketers with trusted and impactful advertising, has announced a product that connects first-party commerce data with real-time contextual signals, paving the way for marketers to continue to drive and measure incremental revenue in a post-cookie world.
CriteoâsÂ contextual advertising solutionÂ is an important milestone in the company's vision to become a commerce media platform, a media activation platform that enables media monetisation and powers global brands, agencies and retailers to optimise their sales and digital advertising returns.
Marketers are beginning to grapple with solutions to smartly reach audiences in a data-privacy minded way, and solutions like contextual advertising are making a comeback but with new and improved technology like machine learning and artificial intelligence to better classify content on the open internet.
Criteoâs leading innovation goes beyond content classification to make contextual advertising even more powerful for marketers by comparing a deep analysis of web pages, images and video to its wide range of first-party commerce data.
âAs we look at the current landscape of retail to find new ways to communicate and connect with our customer, weâve begun testing new innovations like Criteoâs contextual solution,âÂ saidÂ Paula Knight, Senior Director of Brand Marketing at Intermix.Â âContextual advertising has come a long way, and the ability to tie context with first-party data to drive marketing performance is an exciting development that helps us understand what content best resonates with our customer.âÂ
Through Criteoâs contextual solution, marketers will be able to drive commerce outcomes in real-time by engaging audiences in content that is proven effective in influencing shopping mindsets across Criteoâs extensive First-Party Media Network of over 5,000 direct, premium publishers and major SSPs across 100+ regions. This solution will also offer consumers personalised experiences through product recommendations based on cookie-free contextual signals.
âOur contextual solution significantly raises the bar â and allows marketers to combine traditional contextual targeting with commerce data â uncovering the relationship between content and buying behaviours to further drive revenue and accurately measure the impact of their contextual campaigns in cookie-free media,âÂ saidÂ Todd Parsons, Chief Product Officer at Criteo.Â âItâs all thanks to the massive amount of first-party commerce data safely housed in CriteoâsÂ Shopper Graph.âÂ Â Â Â Â Â
Criteoâs contextual solution starts with a deep understanding of an advertiserâs first-party data, analysing the most recent purchases from existing consumers. Thanks to intelligent machine learning powered by CriteoâsÂ AI Engine, Criteo is then able to pick up on the publisher URLs and contextual categories that have the highest affinities with these consumers. By indexing every publisher URL across its vast media network with both contextual and commerce signals, Criteo can display personalised product recommendations without relying on third-party cookies. The result is better audience reach among those who have high potential to purchase in the future, and the opportunity to adapt in real-time to varying purchasing cycles and seasonal buying trends that are uncovered over the year.
Criteo contextual targeting is now in limited availability for customers in select markets, including the US, UK, Germany and France. Criteo intends to generally release the solution in the second half of the year. To learn more,Â visit here.