Cognitiv's New Product To Allow Advertisers To Create Unique Algorithms For All Major Dsps
Martech Outlook | Sunday, April 26, 2020
Cognitiv Curation automates programmatic media buying at scale using real-time Deal IDs to save time and money on customer acquisition.
FREMONT, CA: “We created Cognitiv Curation to solve one of the biggest problems facing advertisers and media agencies today. Manual optimization in the self-serve DSPs is very hard and time-consuming," states Cognitiv CEO & Co-Founder Jeremy Fain. Cognitiv, the market leader in deep learning artificial intelligence for marketers, has come up with Cognitiv Curation, a new Dynamic Deals solution that automates real-time campaign optimization using algorithms customized for each advertiser. These algorithms, powered by deep learning, curate which impressions a media trader should purchase by analyzing each impression in real-time and assigning a unique Deal ID to those most likely to result in a conversion.
"Curation is meant to help traders prospect for new customers at scale, giving them more time to optimize other tactics that may be effective, but have a limited scale," adds Fain. Cognitiv Curation leverages a marketer's first-party data to develop self-learning, customized algorithms for each advertiser and KPI. These algorithms optimize a marketer's campaign automatically by learning from successful and unsuccessful outcomes and can adapt in real-time in response to changes in customer behavior and market conditions. Cognitiv collaborates with the advertiser or media trader to configure the Deal IDs for their DSPs. The trader then purchases the Deal ID as the Curation algorithm labels the appropriate impressions in real-time. These Dynamic Deals are distinguished from typical Private Marketplaces (PMPs) because each impression is analyzed and labeled in real-time before reaching the DSP. This enables the system to evolve in real-time, altering the users, context, timing, and messages selected for each impression.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
NeuralMind, Cognitiv's primary deep learning engine, synthesizes user journey data to enable unified optimization across any business or vertical. Cognitiv's revolutionary performance solutions have been much more successful than competing offerings, allowing the clients to deliver compelling ad experiences that convert at scale.
Cognitiv Curation is the newest addition to the Cognitiv portfolio of solutions, which also includes Cognitiv Performance, Cognitiv Incremental, Cognitiv CPG, Cognitiv CTV, Cognitiv Retargeting, and Cognitiv Retention.
"Adding new customers and retaining existing ones is the lifeblood of any business, but it is very hard to find them at an efficient cost at scale," concludes Fain. Traders lack the resources and time necessary to investigate their available options, techniques, and audiences thoroughly. One audience or strategy may succeed one day, but not the next, or may not scale. Cognitiv solves these difficulties with deep learning, saving traders time while providing new consumers at scale and a low cost.
More in News

