Pandora inks deal to revolutionise audio ads
Pandora wants to become the first publisher to bring dynamic advertising to the audio market.
The internet radio company has announced a partnership with A Million Ads, a global leader in dynamic creative and personalisation for digital audio.
“Dynamic audio advertising is a natural extension of the best-in-class personalisation we bring to the music listening experience on Pandora every day,” said Chris Freel, Pandora’s commercial director for ANZ.
“Our massive data set, combined with A Million Ads’ ability to deliver tailored, data-driven audio creative in real-time, gives us another innovative way to help advertisers unlock the power of audio. We will look to adopt this technology in Australia and New Zealand.”
Leveraging a variety of listener demographic and consumption data, Pandora USA and A Million Ads will give marketers two new tools to reach Pandora’s 81 million active listeners:
- Real-time personalised creative at scale: Build and serve personalised audio ads to listeners based on attributes like gender, age and post code through a single tag. These real-time ads also take into account variables such as location, time of day and weather, and allow advertisers to create thousands of versions of an audio ad easily and efficiently.
- Sequential messaging and targeting: Capture attention by telling a story over time through sequentially targeted audio ads that provide listeners with new pieces of information about a brand or product. Campaigns that tell a brand story before asking people to make a purchase have been proven significantly more effective than ones that immediately focus on people to take an action.
“As the industry leader, Pandora sets the bar for digital audio advertising and consistently offers marketers solutions that harness the power of music to effectively reach millions of consumers,” said Steve Dunlop, founder and CEO of A Million Ads.
“Together, we will revolutionise what listeners experience from an ad-supported music streaming experience and deliver new dynamic and personalised ways to capture attention and drive ROI for advertisers.”