PUBMATIC PARTNERS WITH NOVA TO TRANSFORM SOCIAL POSTS EASILY INTO ADS FOR ANY DIGITAL CHANNEL

PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, has today announced a partnership with Nova, the leading creative AI company in social display, high impact, video and CTV ad formats. The partnership will leverage Nova’s creative automation platform to allow brands and agencies to repurpose any social post into an ad for any digital channel.

Nova enables brands and agencies to redeploy existing, high performing creative from social media with one click to any digital ad channel – drastically cutting production costs while improving the performance between 5-10x over traditional display. Nova’s technology also allows brands to easily deliver high performing ad formats, including stories, social display, shoppable carousels, photo posts, and multiple video formats. For agencies, Nova’s ad platform can be white labeled and delivered as their own premium capability.

Brands and agencies will benefit through enhanced audience reach and engagement, while publishers will see increased ad revenue. The partnership is also environmentally beneficial given the efficiency of recycling social media content into programmatic ads and Nova’s adaptive bit rate streaming which lowers the load on page.

Leveraging leading-edge technologies from both companies, this partnership will yield inventive and out-of-the-box ideas to captivate audiences and drive engagement. Tangible metrics such as improved click-through rates, higher conversion rates, or increased revenue, enable an outcomes-based approach.

“Our partnership with Nova will empower brands and agencies to have limitless creativity” said Sudipto Das, VP, Advertiser Solutions, APAC at PubMatic. “By incorporating PubMatic’s proficiency in supply path optimization, agencies and advertisers gain the ability to discern optimal channels and partners from a business standpoint. It is crucial for brands, agencies, and publishers to collaborate to ensure a more sustainable delivery of your media campaigns.’’

Gavin Merwood, General Manager APAC, at Nova said, “We are thrilled to see this partnership evolve into a long-term, mutually beneficial relationship characterized by trust and reliability. From social display to stories, video to shoppable carousels, the options are endless for advertisers to repurpose social content into the world of programmatic. This, in turn, will lead to heightened brand visibility, with the collaborative approach of social and programmatic expanding ad reach and attracting new audiences.”

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About PubMatic

PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMatic’s sell-side platform empowers the world’s leading digital content creators across the open internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. Since 2006, our infrastructure-driven approach has allowed for the efficient processing and utilization of data in real time. By delivering scalable and flexible programmatic innovation, we improve outcomes for our customers while championing a vibrant and transparent digital advertising supply chain.

About Nova

Nova is the leader in Social Display and video providing creative automation for agencies, brands, ad tech platforms, CTV providers, and retail media, allowing them to repurpose social creative to run programmatically, at scale, on the open web, in mobile apps, and on CTV. In the past year alone, 250+ of the world’s most successful media publishers and platforms have generated $150 million in direct-sold digital advertising revenue with Nova’s technology, activating over 15,000 campaigns in 30+ countries.

Categorised in: Industry News, Member News

This post was written by PubMatic