Global Economic Press
In this episode of Global Economic Press, Alex Brady delves into a groundbreaking initiative in Malaysia's Out-of-Home advertising industry. The focus is on the OAAM's Unified Measurement Initiative, which aims to standardize the way Out-of-Home media is measured and valued, aligning it with other media channels. This move is expected to transform the industry by providing a consistent measurement framework, allowing media owners, advertisers, and agencies to evaluate Out-of-Home campaigns with the same precision as digital media plans. The initiative, developed in partnership with global technology provider AllUnite, is seen as a strategic advancement for the industry, addressing long-standing issues of fragmented and inconsistent measurement methods. The podcast highlights the importance of a common measurement currency, drawing parallels with successful systems in mature markets like Australia's MOVE and the United Kingdom's Route. By adopting a standardized measurement approach, Malaysia's Out-of-Home industry can enhance its commercial standing and fully participate in the programmatic future. This initiative is not just about compliance but about commercial self-interest, enabling media owners to compete effectively in an increasingly automated buying ecosystem. The episode underscores the need for media owners, agencies, and brand marketers to support this initiative to elevate Out-of-Home from a medium that is merely tolerated to one that is trusted. For more information about Sky Blue Media Malaysia, visit their website at Sky Blue Media Malaysia [https://www.skybluemedia.my/].
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