STOCK TITAN

Outbrain Becomes Michelin’s Most Engaging Customer Channel

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Outbrain has announced its successful partnership with Michelin to enhance engagement through digital marketing. Utilizing Outbrain's Conversion Bid Strategy, Michelin achieved a 16% decrease in cost-per-visitor, validating Outbrain as a more effective channel than social media. The campaign focused on Michelin's winter tire line and resulted in engagements surpassing 30 seconds at a cost of €1.50 per visit. Michelin plans to expand this collaboration to include more highlights throughout the year, emphasizing a shift towards engagement-oriented marketing.

Positive
  • 16% decrease in average cost-per-visitor.
  • Outbrain became Michelin's best performing campaign channel.
  • Engagement above 30 seconds achieved at a cost of €1.50.
Negative
  • None.

Outperforming Social, Outbrain Boosts Michelin’s Winter Campaign Engagement

NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Outbrain, a leading recommendation platform for the open web, today announced the initial results of its partnership with the Michelin Group, the world’s leading tire manufacturer for more than a century, to drive high onsite engagement. Through the activation of Outbrain’s Conversion Bid Strategy (CBS) and promoted open web recommendations, Outbrain quickly became Michelin’s best performing campaign channel. This resulted in a 16% decrease in the average cost-per visitor.

Via the recommendation of Michelin’s media agency, Havas Market, the tire manufacturer tapped Outbrain to promote its winter tire line and generate qualified traffic that would direct consumers to content, as well as details of local retailers. Specifically, Michelin benchmarked Outbrain against social channels and qualified engagement above 30 seconds at a maximum cost-per-visit of €1.50.

“Outbrain allowed us to reach a quality audience, at a time when their attention was at its peak and thanks to its unique data and innovative new features, Outbrain has become one of the main partners in our digital media mix,” said Benoît de Susbielle, Michelin Group’s Global Media Director. “We are now looking to extend this collaboration to all Michelin highlights throughout the year.”

“Michelin is yet another example of how Outbrain provides brands tailored solutions to outperform social platforms,” said Ayal Steiner, Vice President, Global Ad Revenue at Outbrain. “More and more brands are moving away from impressions, reach and frequency to focus more on engagement, time on site and qualified leads. Outbrain is the most efficient way to engage consumers across the open web.”

Michelin has long been known for its premium, high-quality brand association, as well as its reputation for storytelling. With over 120 years of publishing guides, beginning with trip details in the early 1900s for mechanics, lodging and vendors and eventually being recognised as the “bible of all dining guides.

About Outbrain
Outbrain is a leading recommendation platform for the open web. Our technology enables one-third of the world's online consumers to discover new things through recommendation feeds on their favorite media and connects advertisers to these audiences to grow their business. Outbrain partners with publishers and marketers in more than 55 countries worldwide and is headquartered in New York City, with offices in 18 cities worldwide.

MEDIA CONTACT:
Matt LoDolce
mlodolce@outbrain.com


FAQ

What were the results of Outbrain's partnership with Michelin?

Outbrain's partnership with Michelin resulted in a 16% decrease in average cost-per-visitor, making it the best performing campaign channel.

How much did Michelin spend on visits through Outbrain?

Michelin spent a maximum of €1.50 per qualified visit through Outbrain's campaign.

What type of marketing strategy did Outbrain employ for Michelin?

Outbrain used its Conversion Bid Strategy to drive high onsite engagement for Michelin's winter tire line.

What does Michelin plan to do with Outbrain in the future?

Michelin intends to extend its collaboration with Outbrain to highlight more campaigns throughout the year.

How does Outbrain compare to social media for marketing?

Outbrain has been found to outperform social platforms in terms of audience engagement and cost efficiency.

Outbrain Inc.

NASDAQ:OB

OB Rankings

OB Latest News

OB Stock Data

214.07M
49.65M
30.5%
49.18%
0.63%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
NEW YORK