Revolutionizing Advertising: LoopMe Unveils AI Tool for Brands
LoopMe Introduces Innovative AI-Driven Tool for Advertisers
LoopMe has made significant strides in the advertising technology landscape by unveiling its latest innovation, the Brand Outcome Scores (BOS). This groundbreaking AI-powered media scoring tool is designed to enhance brand advertising performance by providing predictive insights for ad purchases. As advertisers increasingly seek effective ways to measure performance across fragmented media landscapes, the introduction of BOS could not be more timely.
Understanding the Brand Outcome Scores Tool
The core functionality of BOS revolves around its ability to score advertising opportunities based on their potential to drive brand awareness, consideration, and purchase intent. By employing advanced machine learning models that take into account contextual, geographic, and temporal variables, LoopMe ensures that marketers can make data-driven decisions even in a cookie-less environment.
How BOS Operates in the Advertising Ecosystem
When advertisers utilize the BOS, unscored ad requests are first transmitted to the LoopMe platform. Here, the brand outcomes engine evaluates these requests, providing scores that indicate their likely effectiveness in achieving specified brand objectives. These scored requests are further refined to align with campaign goals, delivering optimized opportunities to advertisers via their Demand-Side Platforms (DSPs).
Availability and Future Expansion of the Tool
Although BOS possesses a global capability, its initial deployment will focus on the US and UK markets. LoopMe is committed to expanding this tool's availability as it continues to evolve and gain traction within the advertising community. Furthermore, the company has taken proactive steps to protect its innovative solution, with two patents submitted to secure its unique methodologies.
The Expert Behind the Innovation
Leading the development of the Brand Outcome Scores tool is Yuliia Loktionova, the Director of Data Science at LoopMe. With her expertise and vision, Loktionova emphasizes the tool's mission: "The Brand Outcome Scores solution has one core goal in mind: to ensure that brands only buy the ad requests that matter.” This vision indicates the substantial impact that BOS could have on how brands approach marketing, particularly in mobile video, Connected TV (CTV), and display advertising.
Why the Brand Outcome Scores Matter
In an era where consumers are inundated with advertising across various platforms, the need for clarity and precision in marketing strategies has never been more crucial. The Brand Outcome Scores tool directly addresses this need by offering a systematic approach to evaluating ad requests, thus improving overall advertising effectiveness. Through BOS, LoopMe is setting a new standard for how brands can optimize their advertising strategies and make informed decisions.
About LoopMe and Its Mission
LoopMe is at the forefront of the advertising technology industry, leveraging artificial intelligence to improve circumstances for brands and advertisers alike. Founded in 2012, the company's headquarters are in the UK, with a global presence spanning multiple key cities such as New York, San Francisco, and Tokyo. The firm’s commitment to innovation has allowed it to become the first to apply AI comprehensively in brand advertising. By continually evolving its Intelligent Marketplace, LoopMe is dedicated to redefining brand advertising to deliver exceptional results.
Frequently Asked Questions
What is the Brand Outcome Scores tool?
The Brand Outcome Scores (BOS) is a media scoring tool developed by LoopMe that utilizes AI to provide predictive scoring for ad buys, enhancing brand advertising performance.
How does BOS improve advertising effectiveness?
BOS scores ad requests based on their potential to drive brand outcomes, allowing marketers to focus on the most impactful advertising opportunities.
Where will the BOS tool initially be available?
BOS will initially launch in the US and UK markets, with plans for future expansion as its capabilities develop.
Who leads the development of BOS at LoopMe?
Yuliia Loktionova, the Director of Data Science at LoopMe, is the lead inventor behind the Brand Outcome Scores tool.
What is LoopMe’s primary mission?
LoopMe aims to improve brand advertising outcomes by employing AI technology to help brands navigate the complexities of modern marketing.
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