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Innovid Partners with NCSolutions to Optimize Dynamic Creative Through Unique Purchase Data

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Innovid Corp. (NYSE: CTV) has partnered with NCSolutions to enhance advertising effectiveness for CPG brands. This collaboration integrates NCS' Purchase Data Metrics with Innovid's dynamic creative optimization technology. Advertisers can now adjust creative delivery in real-time based on sales data, allowing for more effective campaigns. The partnership aims to improve return on ad spend and drive in-store purchases by utilizing real-time insights, transforming how CPG advertisers engage with their audiences.

Positive
  • Partnership with NCSolutions enhances advertising effectiveness for CPG brands.
  • Real-time optimization of ad campaigns based on sales data boosts return on ad spend.
  • Innovid's dynamic creative optimization technology collaborates effectively with NCS' Purchase Data Metrics.
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New partnership helps CPG advertisers boost omnichannel creative optimization and delivery across CTV, digital video and display

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, Connected TV (CTV) and digital today announced a unique partnership with NCSolutions (NCS). The partnership empowers the CPG ecosystem to create and deliver more effective advertising with purchase-based audiences and sales measurement solutions.

Leveraging NCS' purchase insights and Innovid's proprietary dynamic creative optimization (DCO) and personalization technology, the partnership provides a new way for brands and agencies to optimize creative delivery and drive sales. Designed to help CPGs identify strategies and tactics that optimize ad campaign sales, NCS' Purchase Data Metrics (PDM) are the industry's most real-time, up-to-date and frequent purchase signals available in-market for CPG advertisers.

"Historically, purchase signals have been well-known for audience targeting and post-campaign outcome-based measurement, leaving creative messaging use cases as an afterthought," said Dan Mouradian, VP Global Client Solutions at Innovid. "With a combined offering that unifies NCS' industry-leading PDM solution with our advanced DCO technology, CPG advertisers can now optimize their creative messaging strategies to drive deeper engagement and maximize incremental sales."

Through this collaboration, Innovid advertisers can leverage real-time NCS data to shift DCO creative delivery based on in-store sales – a revolutionary way to enable always-on intelligence for data-driven DCO campaigns. CPG brands can now evaluate and optimize in-flight creative delivery against NCS' Purchase Data Metrics, allowing them to improve their creative messaging strategies and drive in-store purchase for their products.

With today's announcement, NCS' Purchase Data Metrics can now be used by Innovid customers to dynamically optimize and deliver campaigns.

"We can now help advertisers optimize their creative executions in collaboration with Innovid," said Dan Malmed, chief revenue officer at NCS. "Historically, CPG brands have had to wait until a campaign is over to understand the sales impact for their creative executions. Working with Innovid, advertisers can use real-time NCS purchase-based insights and optimize their creative at the most granular levels while the campaign is still in-flight. This is a powerful strategy to help increase their return on ad spend and improve the overall sales outcome of the campaign."

This announcement comes on the heels of Innovid's deep dive consumer CPG report examining critical trends, challenges, and opportunities in the video advertising industry. The full report is available here.

About Innovid

Innovid powers connected TV (CTV) advertising streaming, personalization, and measurement for the world's largest brands. Through a global infrastructure that enables data-driven personalization, real-time decisioning, scaled ad serving, and accredited measurement, Innovid offers its clients and partners streamlined solutions that optimize the value of advertising investments across screens and devices. Innovid is an independent platform that leads the market in CTV innovation, powered proprietary technology and exclusive partnerships designed to fuel the future of TV advertising.

Headquartered in New York City, Innovid serves a global client base through offices across the Americas, Europe, and Asia Pacific. To learn more, visit innovid.com or follow us on LinkedIn or Twitter.

About NCSolutions (NCS)

NCSolutions (NCS) makes advertising work better. Our unrivaled data resources powered by leading providers combine with scientific rigor and leading-edge technology to empower the advertising ecosystem to create and deliver more effective advertising. With NCS' proven approach, brands achieve continuous optimization everywhere ads appear through purchase-based audience targeting and sales measurement solutions that have impacted billions in media spend for our customers. NCS has offices in NYC, Chicago, Tampa and Cincinnati. NCS is a joint venture company with Nielsen as the majority owner. Visit us at ncsolutions.com to learn more.

Press Contact
Chris Harihar
chris@crenshawcomm.com

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FAQ

What is the partnership between Innovid and NCSolutions about?

The partnership focuses on enhancing advertising effectiveness for CPG brands by integrating NCSolutions' Purchase Data Metrics with Innovid's dynamic creative optimization technology.

How does Innovid's partnership with NCSolutions benefit CPG advertisers?

It allows CPG advertisers to optimize their advertising campaigns in real-time based on sales data, improving return on ad spend and driving in-store purchases.

What technologies are used in Innovid's collaboration with NCSolutions?

Innovid's dynamic creative optimization technology is combined with NCSolutions' Purchase Data Metrics for effective ad campaign management.

When was the partnership between Innovid and NCSolutions announced?

The partnership was announced on November 3, 2022.

What is the stock symbol for Innovid Corp?

The stock symbol for Innovid Corp is CTV.

Innovid Corp.

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