UK brand advertisers will be able to target consumers online based on their high-street purchasing behaviour due to a partnership between Exponential Interactive, a provider of digital advertising intelligence, and I-Behavior, the premier provider of database marketing and behavioural targeting services.
I-Behavior’s data, representing £5.5 billion worth of UK purchase transactions, is gathered from over 100 merchants and is supplemented by consumer demographic and lifestyle information, such as holiday travel and leisure interests. I-Behavior aggregates this information to build audiences, such as ‘home electronics buyers’ and then anonymizes those audiences and shares them with Exponential.
Exponential then integrate I-Behavior’s segments into their own online audience segments. The result is that brand advertisers can deliver their digital messages to consumers who will find them more relevant and interesting without using any personally identifiable information (PII).
Niki Stoker, Exponential UK managing director, explains the key benefit to advertisers: “The partnership creates a much greater link between what people buy in a shop and their online behaviour. Consequently, it’s much easier for advertisers to find their target audiences online and to create more tailored ads that appeal to them. It’s about recognising people not just as ‘online audiences’ but as ‘audiences online.’
“For example, a supermarket chain could target groups of people online who regularly spend over £100 a week at a competitor’s store, a travel company could target people who go on at least two European holidays a year, while a cereal manufacturer could target families with young children that buy multiple cereal brands.”
Published on: 4:07PM on 2nd October 2013