Since IBM Watson introduced its Advertising Accelerator in early 2020, brands like Toyota and Best Western have used the AI platform to deliver ads with optimized creative elements for display advertising. Now, Watson has expanded its AI-powered creative optimization capabilities to campaigns on OTT services and for online video. The new video capabilities use data signals to select the best combination of video ad elements for an audience segment on OTT. By incorporating conversions and other signals into the campaign’s modeling, advertisers can also discover new segments to target. “We launched our Accelerator in order to reinvent DCO (dynamic creative optimization), now for video and OTT, so that the time to value is shrunken significantly,” said David Olesnevich, head of product at IBM Watson Advertising. “AI is backing and powering the campaign with constant learning.” To launch an optimized video campaign, the advertiser supplies a number of options for each section of a video ad, including assets for introduction, the body of the ad, music tracks and end cards. These are assembled at scale to deliver the right combinations to each of the audience segments that is most receptive to them. As a result, the campaign learns more and drives better results over time. For display advertising, Accelerator campaigns have achieved a 60% reduction in cost per lead, according to Olesnevich. “We expect it to have the same results if not better [for OTT and video],” he said. “There are more opportunities to help brands, when you think about the assets that they have for video and how we can make use of those assets. We can take what they originally launched with and turn that into a bunch of new variants and drive performances.” Brands that are already producing video assets across many digital and social channels can plug in versions of these assets and see what works best, as a campaign using AI learns more and evolves. Read more here. » |