Half the money I spend on advertising is wasted; the trouble is, I don’t know which half…
Econometric modelling allows to calculate the impact of advertising on the business KPI (e.g. sales level volume). Optimal ad budget allocation is an econometric modeling result, saving up to 15% of the advertising budget.
Planning methods of Digital ad, TV, radio and the press based on common methodology related to the analysis of the behavior of the audience and its socio-demographic portrait. Mobile carrier’s data allowing planning OOH advertising in the same way like other media.
Econometric modeling tools, media planning system and operational marketing system (MRM-systems) allows to build a single platform for the media planning. ROI by using the platform is up to 70% in the first year of operation.
Econometric modeling links business indicators (KPI) with a variety of drivers influencing to them. The main KPI for retail is «sales volume», for the telecommunications industry - the number of new subscribers, for banks - the volume of loans. Factors influencing to the KPI: current macroeconomic situation, the competitors, consumer characteristics of the product and the market price, quality customer service, as well as promotional activity. By separating advertising from other drivers, we can calculate the optimal as budget allocation: TV, Internet, radio, print and OOH-advertising for each brand presence in the region. For econometric modeling is used mathematical software such as SPSS, require any special knowledge and skills, we also offer CheckMedia Solution – easy for use for all marketers.
After ad budget allocation, the next challenge for the marketer becomes a selection of the most efficient ad media inventory. This requires detailed information on each inventory: how many people will see this inventory for a certain period; what their age, gender, income, job skills and etc. In fact, it is a question about how to compare your target audience with the audience of advertising media. TNS uses a sociological approach to assess the audience for TV advertising, the Internet, radio and the press, with the current level of technology does not allow the same to evaluate audience OOH advertising (outdoor, indoor, and transport). We have developed a technology solution that analyzes movements of telecom clients using BigData algorithms and associating target audience with the audience, which passes by the OOH-ad inventory.
A key advantage of this approach is the ability to combine TNS with mobile carrier’s data and to calculate the audience for all type of media.
Based on budget restrictions and audience data, marketers produce optimal media plan.
All types of media: Digital, TV, radio, OOH
Geo tracks from mobile carriers on data
Competitors ad spends
When, where and how long users interact with online and offline advertising
Sales Objectives, marketing budget and other constraintsOptimal media plan
To support media planning and media buying process, we offer to use CheckMedia Solution based on MRM-system from leading software vendors BrandMaker, SAP, SalesForce
Founded in 2017 in Estonia. AdoptoMedia provides the unique tool (CheckMedia Solution) for managing advertising budget (online and offline media mix) or assurance media planning process. Customers can use CheckMedia Solution in different ways such as MRM-system’s plugin, website’s widget or as auditing tool. AdoptoMedia already has started deployment the game changing solution with Tier 1 customers in CIS market and has created the media planning assurance methodology and solution with Global Leaders.
The Project “Develop IP strategy protection for the global market” was carried out within the framework of cooperation between Sarap & Putk Patent Agency and AdoptoMedia company and financed by European Regional Development Fund.
The Project aims at conducting of Research, which subjects are (1) patent search analysis to understand competitors IP landscape (2) preparing and filing patent applications for EU and USA market (3) preparing «Freedom to operate document»
As the results of the Project’s fulfillment EU and USA patents were filed and IP strategy was developed taking into consideration current competitors IP portfolios.
Amount of support was € 7 938. Period: 02.05.2018- 30.04.2019
The Project “CheckMedia Solution adaptation for Israel market” was carried out within the framework of cooperation between Tallinn University of Technology and AdoptoMedia company and financed by European Regional Development Fund.
The Project aims at conducting of Research, which subjects are (1) a comparison between media plans construction and accounting in CheckMedia Solution and the existing practices in Israel market (2) recommendations on adaptation of “Media Plan Manager” tool to the needs of Israel market.
As the results of the Project’s fulfillment was the list of recommendations, which could be the basis for the plan of further development of the Solution to make the media mix optimization process faster and more accurate and to make the Software to meet international market demands.
Amount of support was € 4000. Period: 01.09.2017-30.11.2017"